Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3112023-01-01No description of principal activityfalse1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13071866 2023-01-01 2023-12-31 13071866 2022-01-01 2022-12-31 13071866 2023-12-31 13071866 2022-12-31 13071866 2022-01-01 13071866 c:Director1 2023-01-01 2023-12-31 13071866 d:CurrentFinancialInstruments 2023-12-31 13071866 d:CurrentFinancialInstruments 2022-12-31 13071866 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13071866 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13071866 d:ShareCapital 2023-12-31 13071866 d:ShareCapital 2022-12-31 13071866 d:RetainedEarningsAccumulatedLosses 2023-12-31 13071866 d:RetainedEarningsAccumulatedLosses 2022-12-31 13071866 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 13071866 d:TaxLossesCarry-forwardsDeferredTax 2022-12-31 13071866 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13071866 c:OrdinaryShareClass1 2023-12-31 13071866 c:OrdinaryShareClass1 2022-12-31 13071866 c:OrdinaryShareClass2 2023-01-01 2023-12-31 13071866 c:OrdinaryShareClass2 2023-12-31 13071866 c:OrdinaryShareClass2 2022-12-31 13071866 c:FRS102 2023-01-01 2023-12-31 13071866 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13071866 c:FullAccounts 2023-01-01 2023-12-31 13071866 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13071866 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13071866










EUTOPIA INVESTMENTS 2 LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023



 
EUTOPIA INVESTMENTS 2 LIMITED
REGISTERED NUMBER: 13071866

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
480,759
480,586

Cash at bank and in hand
 5 
100
100

  
480,859
480,686

Creditors: amounts falling due within one year
 6 
(3,993)
(3,084)

Net current assets
  
 
 
476,866
 
 
477,602

Total assets less current liabilities
  
476,866
477,602

  

Net assets
  
476,866
477,602


Capital and reserves
  

Called up share capital 
 8 
480,100
480,100

Profit and loss account
  
(3,234)
(2,498)

  
476,866
477,602


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 statement of income and retained earnings 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: 


S Hammond
Director

Date: 14 September 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
EUTOPIA INVESTMENTS 2 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies

 
1.1

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:

 
1.2

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 balance sheet 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 balance sheet 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 balance sheet date.

 
1.3

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.

 
1.4

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.

 
1.5

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.

Page 2

 
EUTOPIA INVESTMENTS 2 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.


General information

Eutopia Investments 2 Limited is a limited company incorporated in England and Wales. The Company’s registered office address is The Stables, Little Coldharbour Farm, Tong Lane, Lamberhurst, Tunbridge Wells, Kent, TN3 8AD.


3.


Employees




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

Page 3

 
EUTOPIA INVESTMENTS 2 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
480,759
480,586


Included within other debtors are intercompany loans amounting to £480,000 (2022: £480,000)


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
100
100



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
1,038

Other creditors
3,993
2,046

3,993
3,084



7.


Deferred taxation




2023
2022


£

£






At beginning of year
586
349


Utilised in year
173
237



At end of year
759
586

The deferred tax asset is made up as follows:

2023
2022
£
£


Tax losses carried forward
759
586

Page 4

 
EUTOPIA INVESTMENTS 2 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



480,000 (2022 - 480,000) A Ordinary shares of £1.00 each
480,000
480,000
100 (2022 - 100) B Ordinary shares of £1.00 each
100
100

480,100

480,100



Page 5