Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07331432 2023-04-01 2024-03-31 07331432 2022-04-01 2023-03-31 07331432 2024-03-31 07331432 2023-03-31 07331432 2022-04-01 07331432 c:Director2 2023-04-01 2024-03-31 07331432 d:FreeholdInvestmentProperty 2024-03-31 07331432 d:FreeholdInvestmentProperty 2023-03-31 07331432 d:FreeholdInvestmentProperty 2 2023-04-01 2024-03-31 07331432 d:CurrentFinancialInstruments 2024-03-31 07331432 d:CurrentFinancialInstruments 2023-03-31 07331432 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07331432 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07331432 d:ShareCapital 2024-03-31 07331432 d:ShareCapital 2023-03-31 07331432 d:InvestmentPropertiesRevaluationReserve 2023-04-01 2024-03-31 07331432 d:InvestmentPropertiesRevaluationReserve 2024-03-31 07331432 d:InvestmentPropertiesRevaluationReserve 2023-03-31 07331432 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 07331432 d:RetainedEarningsAccumulatedLosses 2024-03-31 07331432 d:RetainedEarningsAccumulatedLosses 2023-03-31 07331432 c:FRS102 2023-04-01 2024-03-31 07331432 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07331432 c:FullAccounts 2023-04-01 2024-03-31 07331432 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07331432 6 2023-04-01 2024-03-31 07331432 d:OtherDeferredTax 2024-03-31 07331432 d:OtherDeferredTax 2023-03-31 07331432 f:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 07331432










INDEX COMPANIES HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
INDEX COMPANIES HOLDINGS LIMITED
REGISTERED NUMBER: 07331432

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
750
750

Investment property
 5 
650,000
585,000

  
650,750
585,750

Current assets
  

Debtors: amounts falling due within one year
 6 
63
97

Bank and cash balances
  
10,773
24,740

  
10,836
24,837

Creditors: amounts falling due within one year
 7 
(4,875)
(24,774)

Net current assets
  
 
 
5,961
 
 
63

Total assets less current liabilities
  
656,711
585,813

Provisions for liabilities
  

Deferred tax
 8 
(57,850)
(41,600)

  
 
 
(57,850)
 
 
(41,600)

Net assets
  
598,861
544,213


Capital and reserves
  

Called up share capital 
  
100
100

Investment property reserve
 9 
300,000
235,000

Profit and loss account
 9 
298,761
309,113

  
598,861
544,213


Page 1

 
INDEX COMPANIES HOLDINGS LIMITED
REGISTERED NUMBER: 07331432
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mrs J Percival
Director

Date: 9 August 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
INDEX COMPANIES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Index Companies Holdings Limited is a private company limited by shares and incorporated in England and Wales with registered number 07331432.  Its registered office address is 184 Fleet Road, Fleet, Hampshire, GU51 4BS. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
INDEX COMPANIES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.4

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

Page 4

 
INDEX COMPANIES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees during the year was 0 (2023 - 0).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
750



At 31 March 2024
750





5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
585,000


Surplus on revaluation
65,000



At 31 March 2024
650,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.

2024
2023
£
£

Revaluation reserves


At 1 April 2023
235,000
235,000

Net deficit in movement properties
65,000
-

At 31 March 2024
300,000
235,000




Page 5

 
INDEX COMPANIES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
63
63

Other debtors
-
34



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,164
-

Other creditors
2,811
24,774

Accruals and deferred income
900
-



8.


Deferred taxation




2024
2023


£

£






At beginning of year
(41,600)
(41,600)


Charged to profit or loss
(16,250)
-



At end of year
(57,850)
(41,600)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Tax on revalued property
(57,850)
(41,600)

(57,850)
(41,600)

Page 6

 
INDEX COMPANIES HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Reserves

Investment property revaluation reserve

The investment property revaluation reserve represents movements in the fair value of the investment property.

Profit and loss account

The profit and loss account represents cumulative profits and losses net of other adjustments.

 
Page 7