Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01trueNo description of principal activity33truetrue 03488630 2023-01-01 2023-12-31 03488630 2022-01-01 2022-12-31 03488630 2023-12-31 03488630 2022-12-31 03488630 2022-01-01 03488630 c:Director2 2023-01-01 2023-12-31 03488630 d:CurrentFinancialInstruments 2023-12-31 03488630 d:CurrentFinancialInstruments 2022-12-31 03488630 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03488630 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03488630 d:ShareCapital 2023-01-01 2023-12-31 03488630 d:ShareCapital 2023-12-31 03488630 d:ShareCapital 2022-01-01 2022-12-31 03488630 d:ShareCapital 2022-12-31 03488630 d:ShareCapital 2022-01-01 03488630 d:SharePremium 2023-01-01 2023-12-31 03488630 d:SharePremium 2023-12-31 03488630 d:SharePremium 2022-01-01 2022-12-31 03488630 d:SharePremium 2022-12-31 03488630 d:SharePremium 2022-01-01 03488630 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 03488630 d:RetainedEarningsAccumulatedLosses 2023-12-31 03488630 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 03488630 d:RetainedEarningsAccumulatedLosses 2022-12-31 03488630 d:RetainedEarningsAccumulatedLosses 2022-01-01 03488630 c:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 03488630 c:FRS102 2023-01-01 2023-12-31 03488630 c:Audited 2023-01-01 2023-12-31 03488630 c:FullAccounts 2023-01-01 2023-12-31 03488630 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03488630 c:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 03488630









MANTIS UK LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
MANTIS UK LIMITED
REGISTERED NUMBER: 03488630

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
1,660,842
1,660,842

Cash at bank and in hand
  
5,543
5,783

  
1,666,385
1,666,625

Creditors: amounts falling due within one year
 4 
(1,763,948)
(1,756,628)

Net current liabilities
  
 
 
(97,563)
 
 
(90,003)

Total assets less current liabilities
  
(97,563)
(90,003)

  

Net liabilities
  
(97,563)
(90,003)


Capital and reserves
  

Called up share capital 
  
200
200

Share premium account
 5 
99,800
99,800

Profit and loss account
 5 
(197,563)
(190,003)

  
(97,563)
(90,003)


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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: 




J E Perelman
Director

Date: 26 September 2024

The notes on pages 4 to 6 form part of these financial statements.
Page 1

 
MANTIS UK LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£

At 1 January 2023
200
99,800
(190,003)
(90,003)


Comprehensive income for the year

Loss for the year

-
-
(7,560)
(7,560)


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
(7,560)
(7,560)


Total transactions with owners
-
-
-
-


At 31 December 2023
200
99,800
(197,563)
(97,563)


The notes on pages 4 to 6 form part of these financial statements.
Page 2

 
MANTIS UK LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2022


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£

At 1 January 2022
200
99,800
(178,433)
(78,433)


Comprehensive income for the year

Loss for the year

-
-
(11,570)
(11,570)


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
(11,570)
(11,570)


Total transactions with owners
-
-
-
-


At 31 December 2022
200
99,800
(190,003)
(90,003)


The notes on pages 4 to 6 form part of these financial statements.
Page 3

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

1.


General information

Mantis UK Limited ("the Company"), Company number 03488630, is a Private Company, limited by shares, registered in England and Wales and incorporated in the United Kingdom. The address of its registered office is 2nd floor, 4 Beaconsfield Road, St Albans , Hertfordshire, AL1 3RD.
The company ceased to trade in 2018 and has not recommenced trading.

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 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

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows;
- the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
- the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of JEP Europe Inc and these financial statements may be obtained from 101 Cherry Lane, Wynnewood, PS 19096, United States.

 
2.3

Going concern

The Company is not currently trading with no revenue generating activities. Transactions in the short term are expected to be administrative costs incurred to maintain the Company. The Company is not expected to resume trading, therefore these financial statements have been prepared on a basis other than that of a going concern. Group support exists to ensure that liabilities will be met as they fall due. 

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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.

Page 4

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

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with 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.


Debtors

2023
2022
£
£


Other debtors
1,660,842
1,660,842

1,660,842
1,660,842



4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
1,756,628
1,749,308

Accruals and deferred income
7,320
7,320

1,763,948
1,756,628


Page 5

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

5.


Reserves

Share premium account

Includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium. 

Profit and loss account

This represents the cumulative profits and losses recognised by the Company. 


6.


Controlling party

At 31 December 2023, the Company's ultimate parent undertaking was JEP Europe Inc, registered in the USA. The ultimate controlling party is J. E. Perelman. 
The financial statements of the Company are included within the consolidated accounts of JEP Europe Inc, which are publicly available from 101 Cherry Lane, Wynnewood, PS 19096, United States. 


7.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2023 was unqualified.

In their report, the auditors emphasised the following matter without qualifying their report:
We draw attention to note 2.2 in the financial statements, which indicates that the company is not currently trading and undertaking revenue generating activities. As stated in note 2.2, these events or conditions mean that the financial statements have been prepared on a basis other than that of a going concern. Our opinion is not modified in respect of this matter.

The audit report was signed on 26 September 2024 by Graham Wintle (Senior statutory auditor) on behalf of WMT.

 
Page 6