Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true3No description of principal activityfalse2023-04-013trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07150653 2023-04-01 2024-03-31 07150653 2022-04-01 2023-03-31 07150653 2024-03-31 07150653 2023-03-31 07150653 c:Director5 2023-04-01 2024-03-31 07150653 d:CurrentFinancialInstruments 2024-03-31 07150653 d:CurrentFinancialInstruments 2023-03-31 07150653 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07150653 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07150653 d:ShareCapital 2024-03-31 07150653 d:ShareCapital 2023-03-31 07150653 d:RetainedEarningsAccumulatedLosses 2024-03-31 07150653 d:RetainedEarningsAccumulatedLosses 2023-03-31 07150653 c:OrdinaryShareClass1 2023-04-01 2024-03-31 07150653 c:OrdinaryShareClass1 2024-03-31 07150653 c:OrdinaryShareClass1 2023-03-31 07150653 c:OrdinaryShareClass2 2023-04-01 2024-03-31 07150653 c:OrdinaryShareClass2 2024-03-31 07150653 c:OrdinaryShareClass2 2023-03-31 07150653 c:FRS102 2023-04-01 2024-03-31 07150653 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07150653 c:FullAccounts 2023-04-01 2024-03-31 07150653 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07150653 2 2023-04-01 2024-03-31 07150653 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07150653










H2 MULTIMEDIA LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
H2 MULTIMEDIA LIMITED
REGISTERED NUMBER: 07150653

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
670
12,683

Cash at bank and in hand
 4 
-
1,017

  
670
13,700

Creditors: amounts falling due within one year
 5 
-
(444)

Net current assets
  
 
 
670
 
 
13,256

Total assets less current liabilities
  
670
13,256

  

Net assets
  
670
13,256


Capital and reserves
  

Called up share capital 
 6 
200
200

Profit and loss account
  
470
13,056

  
670
13,256


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.

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




Mr P Watkins
Director

Date: 4 October 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
H2 MULTIMEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

H2 Multimedia Limited is a private company limited by share capital and incorporated in England and Wales.The address of its registered office is 2 Communications Road, Greenham Business Park, Newbury, RG19 6AB.
The prinicpal activity of the Company is providing website design services.

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 following principal accounting policies have been applied:

 
2.2

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

  
2.4

Borrowing costs

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

 
2.5

Taxation

Tax is recognised in profit or loss 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 balance sheet date in the countries where the Company operates and generates income.

 
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.

Page 2

 
H2 MULTIMEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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

Provision for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of econimic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertanities.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

Page 3

 
H2 MULTIMEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.10

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.

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Debtors

2024
2023
£
£


Other debtors
670
12,683

670
12,683



4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
-
1,017

-
1,017


Page 4

 
H2 MULTIMEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
444

-
444



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



150 (2023 - 150) A Ordinary shares of £1 each
150
150
50 (2023 - 50) B Ordinary shares of £1 each
50
50

200

200



7.


Related party transactions

At the year end the company was owed £nil (2023: £11,116) by H2 Creative (Bath) Limited.


8.


Controlling party

The Company is controlled by H2 Creative (Bath) Limited.


Page 5