Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2023-04-01falseNo description of principal activity00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13697172 2023-04-01 2024-03-31 13697172 2021-10-22 2023-03-31 13697172 2024-03-31 13697172 2023-03-31 13697172 c:Director1 2023-04-01 2024-03-31 13697172 d:CurrentFinancialInstruments 2024-03-31 13697172 d:CurrentFinancialInstruments 2023-03-31 13697172 d:Non-currentFinancialInstruments 2024-03-31 13697172 d:Non-currentFinancialInstruments 2023-03-31 13697172 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13697172 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13697172 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13697172 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13697172 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 13697172 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 13697172 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 13697172 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 13697172 d:ShareCapital 2024-03-31 13697172 d:ShareCapital 2023-03-31 13697172 d:RetainedEarningsAccumulatedLosses 2024-03-31 13697172 d:RetainedEarningsAccumulatedLosses 2023-03-31 13697172 c:OrdinaryShareClass1 2023-04-01 2024-03-31 13697172 c:OrdinaryShareClass1 2024-03-31 13697172 c:OrdinaryShareClass1 2023-03-31 13697172 c:OrdinaryShareClass2 2023-04-01 2024-03-31 13697172 c:OrdinaryShareClass2 2024-03-31 13697172 c:OrdinaryShareClass2 2023-03-31 13697172 c:OrdinaryShareClass3 2023-04-01 2024-03-31 13697172 c:OrdinaryShareClass3 2024-03-31 13697172 c:OrdinaryShareClass3 2023-03-31 13697172 c:OrdinaryShareClass4 2023-04-01 2024-03-31 13697172 c:OrdinaryShareClass4 2024-03-31 13697172 c:OrdinaryShareClass4 2023-03-31 13697172 c:OrdinaryShareClass5 2023-04-01 2024-03-31 13697172 c:OrdinaryShareClass5 2024-03-31 13697172 c:OrdinaryShareClass5 2023-03-31 13697172 c:FRS102 2023-04-01 2024-03-31 13697172 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13697172 c:FullAccounts 2023-04-01 2024-03-31 13697172 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13697172 6 2023-04-01 2024-03-31 13697172 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13697172










QUENELLES HOLDINGS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
QUENELLES HOLDINGS LTD
REGISTERED NUMBER: 13697172

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
404,416
404,416

  
404,416
404,416

Current assets
  

Debtors: amounts falling due within one year
 5 
7,253
-

Cash at bank and in hand
 6 
1,962
11,619

  
9,215
11,619

Creditors: amounts falling due within one year
 7 
(195,817)
(234,663)

Net current liabilities
  
 
 
(186,602)
 
 
(223,044)

Total assets less current liabilities
  
217,814
181,372

Creditors: amounts falling due after more than one year
 8 
(130,647)
(176,708)

  

Net assets
  
87,167
4,664


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
87,067
4,564

  
87,167
4,664


Page 1

 
QUENELLES HOLDINGS LTD
REGISTERED NUMBER: 13697172
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers 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 director acknowledges his 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 profit and loss account 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: 




Paul Wright
Director

Date: 23 August 2024

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

Page 2

 
QUENELLES HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Quenelles Holdings Ltd, 13697172, is a private limited company registered in England and Wales with a registered office of Belmont House, Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG. The principal place of business is 1 Bagely House, Bagley, Ellesmere, Shropshire, SY12 9BY.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on a going concern basis on the understanding that the company will be continued to be supported by the director and subsidary company.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
QUENELLES HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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

Page 4

 
QUENELLES HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
404,416



At 31 March 2024
404,416





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
7,253
-

7,253
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,962
11,619

1,962
11,619



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
59,319
59,319

Amounts owed to group undertakings
-
14,586

Other creditors
134,860
159,558

Accruals and deferred income
1,638
1,200

195,817
234,663


Page 5

 
QUENELLES HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
130,647
176,708

130,647
176,708


The following liabilities were secured:




Details of security provided:

The outstanding loans have been secured in full over the assets.


9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
59,319
59,319


59,319
59,319

Amounts falling due 1-2 years

Bank loans
59,319
59,319


59,319
59,319

Amounts falling due 2-5 years

Bank loans
71,329
117,389


71,329
117,389


189,967
236,027


Page 6

 
QUENELLES HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



75 (2023 - 75) Ordinary A shares of £1.00 each
75
75
10 (2023 - 10) Ordinary B shares of £1.00 each
10
10
5 (2023 - 5) Ordinary C shares of £1.00 each
5
5
5 (2023 - 5) Ordinary D shares of £1.00 each
5
5
5 (2023 - 5) Ordinary E shares of £1.00 each
5
5

100

100


 
Page 7