Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truetrue2022-07-01falseThe provision of advisory services and related investments.11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09992455 2022-07-01 2023-12-31 09992455 2021-07-01 2022-06-30 09992455 2023-12-31 09992455 2022-06-30 09992455 2021-07-01 09992455 c:Director1 2022-07-01 2023-12-31 09992455 c:RegisteredOffice 2022-07-01 2023-12-31 09992455 d:CurrentFinancialInstruments 2023-12-31 09992455 d:CurrentFinancialInstruments 2022-06-30 09992455 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09992455 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 09992455 d:ShareCapital 2022-07-01 2023-12-31 09992455 d:ShareCapital 2023-12-31 09992455 d:ShareCapital 2021-07-01 2022-06-30 09992455 d:ShareCapital 2022-06-30 09992455 d:ShareCapital 2021-07-01 09992455 d:RetainedEarningsAccumulatedLosses 2022-07-01 2023-12-31 09992455 d:RetainedEarningsAccumulatedLosses 2023-12-31 09992455 d:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 09992455 d:RetainedEarningsAccumulatedLosses 2022-06-30 09992455 d:RetainedEarningsAccumulatedLosses 2021-07-01 09992455 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 09992455 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-06-30 09992455 c:OrdinaryShareClass1 2022-07-01 2023-12-31 09992455 c:OrdinaryShareClass1 2023-12-31 09992455 c:OrdinaryShareClass1 2022-06-30 09992455 c:FRS102 2022-07-01 2023-12-31 09992455 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-12-31 09992455 c:FullAccounts 2022-07-01 2023-12-31 09992455 c:PrivateLimitedCompanyLtd 2022-07-01 2023-12-31 09992455 e:PoundSterling 2022-07-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09992455











________________________________________________________________________________________


HADEN CAPITAL LIMITED

________________________________________________________________________________________



UNAUDITED

ANNUAL REPORT

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 
31 DECEMBER 2023

 
HADEN CAPITAL LIMITED
 

CONTENTS



Page
Company Information
 
1
Balance Sheet
 
2
Statement of Changes in Equity
 
3
Notes to the Financial Statements
 
4 - 8


 
HADEN CAPITAL LIMITED
 
 
COMPANY INFORMATION


Director
R. M. Greenfield 




Registered number
09992455



Registered office
F. W. Smith, Riches & Co.
15 Whitehall

London

SW1A 2DD




Page 1

 
HADEN CAPITAL LIMITED
REGISTERED NUMBER:09992455

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December
30 June
2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
88,237
89,855

Current asset investments
 5 
181,554
211,991

Cash at bank and in hand
 6 
98,347
100,445

  
368,138
402,291

Creditors: amounts falling due within one year
 7 
(3,300)
(3,100)

Net current assets
  
 
 
364,838
 
 
399,191

Total assets less current liabilities
  
364,838
399,191

  

Net assets
  
364,838
399,191


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
 10 
364,738
399,091

  
364,838
399,191


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 period 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 director and were signed on 13 September 2024.

R. M. Greenfield
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 
HADEN CAPITAL LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 July 2021
100
405,262
405,362


Comprehensive income for the year

Loss for the year
-
(6,171)
(6,171)
Total comprehensive income for the year
-
(6,171)
(6,171)



At 1 July 2022
100
399,091
399,191


Comprehensive income for the period

Loss for the period
-
(34,353)
(34,353)
Total comprehensive income for the period
-
(34,353)
(34,353)


At 31 December 2023
100
364,738
364,838


Page 3

 
HADEN CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.Accounting policies

 
1.1

Statement of compliance

The Company's principal activity is the provision of advisory services and related investments.
Haden Capital Limited is a private company limited by shares and is incorporated and domiciled in England and Wales. The address of its registered office is 15 Whitehall, London, SW1A 2DD. The principal place of business during the year was 125 Old Broad Street, London, EC2N 1AR.

  
1.2

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention as modified for the revaluation of certain financial instruments and in accordance with Section 1A 'Small Entities' of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland ("FRS 102")' and the Companies Act 2006.
The preparation of financial statements requires the use of certain critical accounting estimates.  It also requires management to exercise its judgement in the process of applying the Company's accounting policies.  The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 2.
The comparatives relate to the twelve month period ending 30 June 2022.

  
1.3

Revenue

Revenue is recognised to the extent that the Company obtains the right to consideration in exchange for its performance.  Revenue is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value added tax.  The following criteria must also be met before revenue is recognised:

Interest income
Revenue is recognised as interest accrues using the effective interest method.





 

Page 4

 
HADEN CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.Accounting policies (continued)

  
1.4

Financial instruments

The Company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.
Short term debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the Profit and Loss Account in ‘administrative expenses’.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.
Valuation of investments
Equity instruments are intially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and changes in fair value are recognised in the Profit and Loss Account.

  
1.5

Foreign currency translation

Functional and presentation currency
The company's functional and presentation currency is the pound sterling.
 
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.  At each period end foreign currency monetary items are translated using the closing rate. Non monetary items measured at historical cost are translated using the exchange rate at the date of the transaction.  Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Profit and Loss Account.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in the Profit and Loss Account under the heading to which they relate.

Page 5

 
HADEN CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.Accounting policies (continued)

  
1.6

Taxation

Taxation expense for the period comprises current tax recognised in the reporting period. Tax is recognised in the Profit and Loss Account. Current taxation assets and liabilities are not discounted.
Current tax
Current tax is the amount of corporation tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end.
Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.
Deferred tax

Deferred tax arises from timing differences that are differences between taxable profits and profit on ordinary activities before taxation as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date except for certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

  
1.7

Share capital

Ordinary shares are classified as equity.


2.


Judgements in applying accounting policies and key sources of estimation uncertainty

In preparing the financial statements management are required to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year.  However, the nature of estimation means that actual outcomes could differ from these estimates. The following judgement (apart from those involving estimates) has had the most significant effect on amounts recognised in the financial statements:
The Company has investments which are recognised in the Balance Sheet at fair value. The fair value of these assets are determined by the Director by reference to the quoted price or by alternative valuation techniques.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2022 - 1).

Page 6

 
HADEN CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Debtors

31 December
30 June
2023
2022
£
£


Other debtors
88,237
89,855

88,237
89,855



5.


Current asset investments

31 
December
30 June
2023
2022
£
£

Listed investments
87,075
117,512

Unlisted investments
94,479
94,479

181,554
211,991


Investments are held at fair value with changes in fair value recognised in profit or loss.
The fair value of listed investments publicly traded on an active market is deemed to be the quoted price at the reporting date taking into account trading volumes. 
The fair value of unlisted investments which are not traded on an active market, is deemed to be based on the net asset value on winding up or on earnings, as appropriate. 


6.


Cash and cash equivalents

31
 December
30 June
2023
2022
£
£

Cash at bank and in hand
98,347
100,445


Page 7

 
HADEN CAPITAL LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

31 
December
30 June
2023
2022
£
£

Accruals and deferred income
3,300
3,100

3,300
3,100



8.


Financial instruments

31 December
30 June
2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
181,554
211,991




Financial assets measured at fair value through profit or loss comprise listed investments publically traded on an active market and unlisted investments. The fair value of these investments is determined on the basis as disclosed in note 5.


9.


Share capital

31 
December
30 June
2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100



10.


Reserves

Profit and loss account

The profit and loss account is a wholly distributable reserve.

 
Page 8