Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-3022022-10-01falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09765155 2022-10-01 2023-09-30 09765155 2021-10-01 2022-09-30 09765155 2023-09-30 09765155 2022-09-30 09765155 c:CompanySecretary1 2022-10-01 2023-09-30 09765155 c:Director1 2022-10-01 2023-09-30 09765155 c:Director2 2022-10-01 2023-09-30 09765155 c:Director3 2022-10-01 2023-09-30 09765155 c:RegisteredOffice 2022-10-01 2023-09-30 09765155 d:CurrentFinancialInstruments 2023-09-30 09765155 d:CurrentFinancialInstruments 2022-09-30 09765155 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09765155 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 09765155 d:ShareCapital 2023-09-30 09765155 d:ShareCapital 2022-09-30 09765155 d:RetainedEarningsAccumulatedLosses 2023-09-30 09765155 d:RetainedEarningsAccumulatedLosses 2022-09-30 09765155 c:OrdinaryShareClass1 2022-10-01 2023-09-30 09765155 c:OrdinaryShareClass1 2023-09-30 09765155 c:OrdinaryShareClass1 2022-09-30 09765155 c:FRS102 2022-10-01 2023-09-30 09765155 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 09765155 c:FullAccounts 2022-10-01 2023-09-30 09765155 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09765155









FCAP ONE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
FCAP ONE LIMITED
 
 
COMPANY INFORMATION


Directors
P Emmerson 
C Campbell 
Gold Round Limited 




Company secretary
Cossey Cosec Services Limited



Registered number
09765155



Registered office
4th Floor
24 Old Bond Street

London

United Kingdom

W1S 4AW





 
FCAP ONE LIMITED
REGISTERED NUMBER: 09765155

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1
4,594,706

Cash at bank and in hand
 5 
3,975
3,075

  
3,976
4,597,781

Creditors: amounts falling due within one year
 6 
(5,060)
(4,598,794)

Net current liabilities
  
 
 
(1,084)
 
 
(1,013)

Total assets less current liabilities
  
(1,084)
(1,013)

  

Net liabilities
  
(1,084)
(1,013)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
(1,085)
(1,014)

Shareholders' funds
  
(1,084)
(1,013)


The directors consider 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 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 statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
FCAP ONE LIMITED
REGISTERED NUMBER: 09765155
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



P Emmerson
Director

Date: 26 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FCAP ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Fcap One Limited is a private company, limited by shares, registered in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.
The principal activity of the company is that of a loan 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 ('FRS 102'), the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue in respect of interest income and arrangement fees are recognised in the period in which they relate.

 
2.3

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.

 
2.4

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 and loans to related parties.

Page 3

 
FCAP ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.4
Financial instruments (continued)

(i) Financial assets
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in Statement of Comprehensive Income.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
(iii) Offsetting
Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
 


3.


Employees

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


4.


Debtors

2023
2022
£
£


Other debtors
1
4,317,683

Prepayments and accrued income
-
277,023

1
4,594,706


Page 4

 
FCAP ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
3,975
3,075

3,975
3,075



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
5,060
4,598,794

5,060
4,598,794



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares shares of £0.01 each
1
1


 
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