Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31truefalse2023-01-01No description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13099119 2023-01-01 2023-12-31 13099119 2022-01-01 2022-12-31 13099119 2023-12-31 13099119 2022-12-31 13099119 c:Director1 2023-01-01 2023-12-31 13099119 d:CurrentFinancialInstruments 2023-12-31 13099119 d:CurrentFinancialInstruments 2022-12-31 13099119 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13099119 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13099119 d:ShareCapital 2023-12-31 13099119 d:ShareCapital 2022-12-31 13099119 d:RetainedEarningsAccumulatedLosses 2023-12-31 13099119 d:RetainedEarningsAccumulatedLosses 2022-12-31 13099119 c:FRS102 2023-01-01 2023-12-31 13099119 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13099119 c:FullAccounts 2023-01-01 2023-12-31 13099119 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13099119 2 2023-01-01 2023-12-31 13099119 6 2023-01-01 2023-12-31 13099119 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13099119









EMS UK HOLDING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
EMS UK HOLDING LIMITED
REGISTERED NUMBER: 13099119

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
445
445

  
445
445

Current assets
  

Debtors: amounts falling due within one year
 5 
984,602
629,841

Cash at bank and in hand
 6 
53,644
23,108

  
1,038,246
652,949

Creditors: amounts falling due within one year
 7 
(1,339,477)
(755,691)

Net current liabilities
  
 
 
(301,231)
 
 
(102,742)

Total assets less current liabilities
  
(300,786)
(102,297)

  

Net liabilities
  
(300,786)
(102,297)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(300,886)
(102,397)

  
(300,786)
(102,297)

Page 1

 
EMS UK HOLDING LIMITED
REGISTERED NUMBER: 13099119
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 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 Rogachev
Director

Date: 19 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
EMS UK HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

EMS UK Holding Limited is a private company limited by shares, incorporated in England & Wales (registered number: 13099119). The registered office of the company is 101 New Cavendish Street,          London, United Kingdom, W1W 6XH.

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

The financial statements have been prepared on the going concern basis. The company is dependent on the director and shareholders for financial support, which the director is confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 31 December 2023, the company had net liabilities of £300,786. The director and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the director considers it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the director and shareholders.

Page 3

 
EMS UK HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional currency is EUR. This differs from the presentational currency which is GBP. The reason for the difference is to be consistent with the presentational currency of its subsidiary.

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 and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

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 profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

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 4

 
EMS UK HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.


3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
445



At 31 December 2023
445





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
605,725
605,725

Other debtors
378,877
24,116

984,602
629,841


Page 5

 
EMS UK HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
53,644
23,108

53,644
23,108



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
1,337,477
753,691

Accruals and deferred income
2,000
2,000

1,339,477
755,691


 
Page 6