Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true2023-07-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11203903 2023-07-01 2024-06-30 11203903 2022-07-01 2023-06-30 11203903 2024-06-30 11203903 2023-06-30 11203903 c:Director1 2023-07-01 2024-06-30 11203903 d:CurrentFinancialInstruments 2024-06-30 11203903 d:CurrentFinancialInstruments 2023-06-30 11203903 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 11203903 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11203903 d:ShareCapital 2024-06-30 11203903 d:ShareCapital 2023-06-30 11203903 d:SharePremium 2024-06-30 11203903 d:SharePremium 2023-06-30 11203903 d:RetainedEarningsAccumulatedLosses 2024-06-30 11203903 d:RetainedEarningsAccumulatedLosses 2023-06-30 11203903 c:OrdinaryShareClass1 2023-07-01 2024-06-30 11203903 c:OrdinaryShareClass1 2024-06-30 11203903 c:FRS102 2023-07-01 2024-06-30 11203903 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11203903 c:FullAccounts 2023-07-01 2024-06-30 11203903 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11203903 2 2023-07-01 2024-06-30 11203903 6 2023-07-01 2024-06-30 11203903 3 2024-06-30 11203903 3 2023-06-30 11203903 d:EntityControlledByKeyManagementPersonnel1 2023-07-01 2024-06-30 11203903 d:EntityControlledByKeyManagementPersonnel1 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11203903









CSL HOLDINGS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
CSL HOLDINGS LTD
REGISTERED NUMBER: 11203903

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024


2024

2023
£
£
£
£

Fixed assets
  

Investments
 4 
2,074,575
2,074,575

Current assets
  

Debtors: amounts falling due within one year
 5 
345,627
468,746

Cash at bank and in hand
 6 
311,445
10

  
657,072
468,756

Creditors: amounts falling due within one year
 7 
(195,232)
(162,072)

Net current assets
  
 
 
461,840
 
 
306,684

  

Net assets
  
2,536,415
2,381,259


Capital and reserves
  

Called up share capital 
 8 
17
17

Share premium account
  
454,279
454,279

Profit and loss account
  
2,082,119
1,926,963

  
2,536,415
2,381,259


Page 1

 
CSL HOLDINGS LTD
REGISTERED NUMBER: 11203903
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024

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 on 30 September 2024.




M J Beckett
Director


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

Page 2

 
CSL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

CSL Holdings Ltd is a company limited by shares, incorporated in England and Wales. The registered address of the company is The Sussex Barn, Peper Harow, Godalming, United Kingdom, GU8 6BQ.
The company acts as 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 Company is a parent undertaking of a small group and as such it is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the Company as an individual undertaking and not about its group.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has taken consideration of the impact of inflationary pressures on the business and its trading group and the withdrawal of the United Kingdom from the European Union. The director notes that the subsidiary company is trading adequately and has sufficient working capital and other finance available to continue trading for a period of not less than 12 months from the date these financial statements are approved and authorised for issue. As such, the director believes that there are no significant uncertainties in his assessment of whether the business is a going concern, that there will be no need for the subsidiary company to call in its loan and therefore has prepared the company’s accounts on a going concern basis.

 
2.3

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.4

Taxation

Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
CSL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
CSL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Fixed asset investments





Other fixed asset investments

£



Cost 


At 1 July 2023
2,074,575



At 30 June 2024

2,074,575






Net book value



At 30 June 2024
2,074,575



At 30 June 2023
2,074,575


5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
344,542
468,746

Prepayments and accrued income
1,085
-

345,627
468,746



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
311,445
10

311,445
10


Page 5

 
CSL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
506
-

Other creditors
191,926
159,272

Accruals and deferred income
2,800
2,800

195,232
162,072



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,700 Ordinary shares of £0.01 each
17
17


On 28 October 2019, options were granted for 300 Ordinary A £0.01 shares. As at the year end, the options have not been exercised and all 300 options remain outstanding. 



9.


Related party transactions

The company has taken advantage of the exemption allowed by Financial Reporting Standard 102 not to disclose any transactions with any wholly owned subsidiaries in its group. 
 
Included within other creditors is an amount of £191,926 (2023 - £159,272) due to the director.


10.


Controlling party

The controlling party of the company is its director by virtue of his 100% shareholding.

 
Page 6