Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-302holding company with a subsidiary involved in employment placement2023-01-01false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09866518 2023-01-01 2023-09-30 09866518 2022-01-01 2022-12-31 09866518 2023-09-30 09866518 2022-12-31 09866518 2022-01-01 09866518 c:Director1 2023-01-01 2023-09-30 09866518 d:CurrentFinancialInstruments 2023-09-30 09866518 d:CurrentFinancialInstruments 2022-12-31 09866518 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09866518 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09866518 d:ShareCapital 2023-09-30 09866518 d:ShareCapital 2022-12-31 09866518 d:ShareCapital 2022-01-01 09866518 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-09-30 09866518 d:RetainedEarningsAccumulatedLosses 2023-09-30 09866518 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 09866518 d:RetainedEarningsAccumulatedLosses 2022-12-31 09866518 d:RetainedEarningsAccumulatedLosses 2022-01-01 09866518 c:FRS102 2023-01-01 2023-09-30 09866518 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-09-30 09866518 c:FullAccounts 2023-01-01 2023-09-30 09866518 c:PrivateLimitedCompanyLtd 2023-01-01 2023-09-30 09866518 6 2023-01-01 2023-09-30 09866518 e:PoundSterling 2023-01-01 2023-09-30 iso4217:GBP xbrli:pure

Registered number: 09866518










TDA GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
TDA GROUP LIMITED
REGISTERED NUMBER: 09866518

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

30 September
31 December
2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
2,140,000
2,140,000

  
2,140,000
2,140,000

Current assets
  

Debtors: amounts falling due within one year
 5 
53,514
2,754

Cash at bank and in hand
  
80
246

  
53,594
3,000

Creditors: amounts falling due within one year
 6 
(50,650)
-

Net current assets
  
 
 
2,944
 
 
3,000

Total assets less current liabilities
  
2,142,944
2,143,000

  

Net assets
  
2,142,944
2,143,000


Capital and reserves
  

Called up share capital 
  
2,140,000
2,140,000

Profit and loss account
  
2,944
3,000

  
2,142,944
2,143,000


Page 1

 
TDA GROUP LIMITED
REGISTERED NUMBER: 09866518
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

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 For the period 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 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: 



................................................
Mr D Draper
Director

Date: 4 September 2024

The notes on pages 4 to 7 form part of these financial statements.

Page 2

 
TDA GROUP LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE FOR THE PERIOD ENDED 30 SEPTEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2022
2,140,000
3,000
2,143,000


Comprehensive income for the year

Profit for the year
-
204,000
204,000


Contributions by and distributions to owners

Dividends: Equity capital
-
(204,000)
(204,000)



At 1 January 2023
2,140,000
3,000
2,143,000


Comprehensive income for the For the period

Profit for the period
-
152,944
152,944


Contributions by and distributions to owners

Dividends: Equity capital
-
(153,000)
(153,000)


At 30 September 2023
2,140,000
2,944
2,142,944


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
TDA GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FOR THE PERIOD ENDED 30 SEPTEMBER 2023

1.


General information

TDA Group Limited is a private company, limited by shares, incorporated in England and Wales in the United Kingdom. The registered office address is 6th Floor, 2 London Wall Place, London, EC2Y 5AU. The principal activity of the Company was that of a holding company with a subsidiary involved in employment placement.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The Company’s functional and presentational currency is GBP, rounded to the nearest £1.
The accounts has been prepared for the period from 1st January to 30th September 2023. The directors have chosen to shorten the accounting period end date from 31 December 2023 to 30 September 2023 for business purposes.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. The Company had net assets of £2,142,944 (2022: £2,143,000) at the balance sheet date.

 
2.3

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.

 
2.4

Debtors

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

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice. 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.

Page 4

 
TDA GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

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.

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
 
Page 5

 
TDA GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FOR THE PERIOD ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)


Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.8

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 period was 2 (2022: 2).


4.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
2,140,000



At 30 September 2023
2,140,000




Page 6

 
TDA GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FOR THE PERIOD ENDED 30 SEPTEMBER 2023

5.


Debtors

30 September
31 December
2023
2022
£
£


Amounts owed by group undertakings
53,514
2,754



6.


Creditors: Amounts falling due within one year

30 September
31 December
2023
2022
£
£

Other creditors
50,650
-



7.


Related party transactions

The Company has taken advantage of the exemption available in Financial Reporting Standard 102 Section 33 whereby it has not disclosed transactions with any wholly owned subsidiary undertaking of the group.


8.


Controlling party

The ultimate controlling parties throughout the current and previous periods were Mr A J D Smith and Mr D W Draper.

 
Page 7