Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-052024-04-05falsetruetrue2023-04-06falseNo description of principal activity00 00625752 2023-04-06 2024-04-05 00625752 2022-04-06 2023-04-05 00625752 2024-04-05 00625752 2023-04-05 00625752 c:Director4 2023-04-06 2024-04-05 00625752 d:CurrentFinancialInstruments 2024-04-05 00625752 d:CurrentFinancialInstruments 2023-04-05 00625752 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 00625752 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 00625752 d:RevaluationReserve 2024-04-05 00625752 d:RevaluationReserve 2023-04-05 00625752 d:OtherMiscellaneousReserve 2024-04-05 00625752 d:OtherMiscellaneousReserve 2023-04-05 00625752 d:RetainedEarningsAccumulatedLosses 2024-04-05 00625752 d:RetainedEarningsAccumulatedLosses 2023-04-05 00625752 c:FRS102 2023-04-06 2024-04-05 00625752 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 00625752 c:FullAccounts 2023-04-06 2024-04-05 00625752 c:CompanyLimitedByGuarantee 2023-04-06 2024-04-05 00625752 6 2023-04-06 2024-04-05 00625752 e:PoundSterling 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure

Registered number: 00625752










GILBERT EDGAR FUND LIMITED
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 5 APRIL 2024

 
GILBERT EDGAR FUND LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 00625752

BALANCE SHEET
AS AT 5 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
-
377,151

  
-
377,151

Current assets
  

Debtors: amounts falling due within one year
 5 
102,732
586

Cash at bank and in hand
  
-
36,344

  
102,732
36,930

Creditors: amounts falling due within one year
 6 
(3,720)
(3,250)

Net current assets
  
 
 
99,012
 
 
33,680

Total assets less current liabilities
  
99,012
410,831

  

Net assets
  
99,012
410,831


Capital and reserves
  

Revaluation reserve
  
-
8,438

Capital fund
  
88,822
88,822

Profit and loss account
  
10,190
313,571

  
99,012
410,831


Page 1

 
GILBERT EDGAR FUND LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 00625752

BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 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: 

A Gentilli
Director

Date: 28 August 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
GILBERT EDGAR FUND LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1.


General information

Gilbert Edgar Fund Limited is a company incorporated in England and Wales, registration number 00625752. The registered office is 2 Communications Road, Greenham, Newbury, RG19 6AB.

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 following principal accounting policies have been applied:

 
2.2

Going concern

As at 5 April 2024, the company had ceased to actively trade. All investments were liquidated and transferred to Forsters LLP and are subsequently being distributed to members. The financial statements have been prepared using the break up basis. All assets and liabilities have been categorised as current.  

 
2.3

Valuation of investments

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.

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 3

 
GILBERT EDGAR FUND LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

3.


Employees

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


4.


Fixed asset investments





Listed investments

£





At 6 April 2023
377,151


Additions
31,283


Disposals
(399,996)


Revaluations
(8,438)



At 5 April 2024
-




On a historical cost basis the listed investments would be included at a cost of £nil (2023: £368,715).


5.


Debtors

2024
2023
£
£


Other debtors
102,732
586



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
3,720
3,250



7.


Capital fund

This represents the market value of the shares of H Samuel Limited at the date they were transferred to the company by the late Mr Gilbert Edgar.



8.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


Page 4