Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-31true0false2023-01-01trueNo description of principal activity0 01293946 2023-01-01 2023-12-31 01293946 2022-01-01 2022-12-31 01293946 2023-12-31 01293946 2022-12-31 01293946 c:CompanySecretary1 2023-01-01 2023-12-31 01293946 c:Director2 2023-01-01 2023-12-31 01293946 c:Director3 2023-01-01 2023-12-31 01293946 c:RegisteredOffice 2023-01-01 2023-12-31 01293946 d:CurrentFinancialInstruments 2023-12-31 01293946 d:CurrentFinancialInstruments 2022-12-31 01293946 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01293946 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 01293946 d:ShareCapital 2023-12-31 01293946 d:ShareCapital 2022-12-31 01293946 d:RetainedEarningsAccumulatedLosses 2023-12-31 01293946 d:RetainedEarningsAccumulatedLosses 2022-12-31 01293946 c:EntityHasNeverTraded 2023-01-01 2023-12-31 01293946 c:FRS102 2023-01-01 2023-12-31 01293946 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 01293946 c:FullAccounts 2023-01-01 2023-12-31 01293946 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01293946 6 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 01293946










BRACS (UK) LIMITED
UNAUDITED
ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023




















 
BRACS (UK) LIMITED
 
 
COMPANY INFORMATION


Directors
L P Vaughan 
J H Vaughan 




Company secretary
Boodle Hatfield Secretarial Limited



Registered number
01293946



Registered office
3rd Floor
12 Gough Square

London

EC4A 3DW





 
BRACS (UK) LIMITED
Registered number: 01293946

BALANCE SHEET
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 3 
201
201

  
201
201

  

Creditors: amounts falling due within one year
 4 
(1)
(1)

Net current liabilities
  
 
 
(1)
 
 
(1)

Total assets less current liabilities
  
200
200

  

Net assets
  
200
200


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
100
100

  
200
200


Page 1

 
BRACS (UK) LIMITED
Registered number: 01293946
    
BALANCE SHEET (CONTINUED)
As at 31 December 2023

For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 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 board and were signed on its behalf on 24 September 2024.



J H Vaughan
Director

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

Page 2

 
BRACS (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2023

1.


General information

BRACS (UK) Limited is a private company limited by shares and is incorporated in England and Wales. The registered office is 3rd Floor, 12 Gough Square, London, EC4A 3DW.
The company's principal activity during the year continued to be that of a holding company.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Going concern

No material uncertainties that cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.

 
2.5

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 3

 
BRACS (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2023

3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
201



At 31 December 2023
201





4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
1
1

1
1


Page 4