Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity32truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13751488 2023-01-01 2023-12-31 13751488 2021-11-18 2022-12-31 13751488 2023-12-31 13751488 2022-12-31 13751488 c:Director1 2023-01-01 2023-12-31 13751488 c:RegisteredOffice 2023-01-01 2023-12-31 13751488 d:CurrentFinancialInstruments 2023-12-31 13751488 d:CurrentFinancialInstruments 2022-12-31 13751488 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13751488 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13751488 d:ShareCapital 2023-12-31 13751488 d:ShareCapital 2022-12-31 13751488 d:RetainedEarningsAccumulatedLosses 2023-12-31 13751488 d:RetainedEarningsAccumulatedLosses 2022-12-31 13751488 c:FRS102 2023-01-01 2023-12-31 13751488 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13751488 c:FullAccounts 2023-01-01 2023-12-31 13751488 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13751488 d:WithinOneYear 2023-12-31 13751488 d:WithinOneYear 2022-12-31 13751488 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 13751488







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


ARCH STREET CAPITAL ADVISORS LIMITED






































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ARCH STREET CAPITAL ADVISORS LIMITED
 


 
COMPANY INFORMATION


Director
Anup D Patel 




Registered number
13751488



Registered office
Lynton House
7-12 Tavistock Square

London

WC1H 9LT




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


ARCH STREET CAPITAL ADVISORS LIMITED
REGISTERED NUMBER:13751488



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
40,314
11,901

Cash at bank and in hand
  
100,247
4,910

  
140,561
16,811

Creditors: amounts falling due within one year
 5 
(1,688,703)
(473,776)

Net current liabilities
  
 
 
(1,548,142)
 
 
(456,965)

Total assets less current liabilities
  
(1,548,142)
(456,965)

  

Net liabilities
  
(1,548,142)
(456,965)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(1,548,242)
(457,065)

  
(1,548,142)
(456,965)


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: 

Anup D Patel
Director

Date: 25 September 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


ARCH STREET CAPITAL ADVISORS LIMITED
 


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

1.


General information

Arch Street Capital Advisors Limited is a private limited company, limited by shares, registered in England & Wales and company registration number 13751488. The registered office is disclosed on the company information page. The business does not have a trading address.

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 previous period accounts represent a period of 13 months, and are therefore not directly comparable with the current financial year

The following principal accounting policies have been applied:

 
2.2

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.4

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.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2022 - 2).

Page 2

 


ARCH STREET CAPITAL ADVISORS LIMITED
 


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

4.


Debtors

2023
2022
£
£


Other debtors
27,618
5,201

Called up share capital not paid
100
100

Prepayments and accrued income
12,596
6,600

40,314
11,901



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
38,916
2,842

Amounts owed to group undertakings
1,276,767
449,326

Other taxation and social security
16,516
12,371

Other creditors
844
587

Accruals and deferred income
355,660
8,650

1,688,703
473,776



6.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
8,822
-

8,822
-


7.


Related party transactions

As at 31 December 2023 the company owed £885,426 (2022: £414,271) to Arch Street Capital Advisors, LLC and £391,341 (2022: £35,055) to Weaver Point Capital Advisors, LLC , both companies in which the Director has a controlling interest.


8.


Controlling party

The parent of the smallest group for which consolidated financial statements are drawn up is Arch UK LLC, a company registered in the US, their address is 70 West 40th Street, 3rd FL, New York, NY 10018.
 
Page 3