Caseware UK (AP4) 2023.0.135 2023.0.135 false2023-01-01No description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03073657 2023-01-01 2023-12-31 03073657 2022-01-01 2022-12-31 03073657 2023-12-31 03073657 2022-12-31 03073657 c:Director1 2023-01-01 2023-12-31 03073657 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 03073657 d:Buildings d:LongLeaseholdAssets 2023-12-31 03073657 d:Buildings d:LongLeaseholdAssets 2022-12-31 03073657 d:PlantMachinery 2023-01-01 2023-12-31 03073657 d:PlantMachinery 2023-12-31 03073657 d:PlantMachinery 2022-12-31 03073657 d:CurrentFinancialInstruments 2023-12-31 03073657 d:CurrentFinancialInstruments 2022-12-31 03073657 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03073657 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03073657 d:ShareCapital 2023-12-31 03073657 d:ShareCapital 2022-12-31 03073657 d:SharePremium 2023-12-31 03073657 d:SharePremium 2022-12-31 03073657 d:CapitalRedemptionReserve 2023-12-31 03073657 d:CapitalRedemptionReserve 2022-12-31 03073657 d:RetainedEarningsAccumulatedLosses 2023-12-31 03073657 d:RetainedEarningsAccumulatedLosses 2022-12-31 03073657 c:FRS102 2023-01-01 2023-12-31 03073657 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03073657 c:FullAccounts 2023-01-01 2023-12-31 03073657 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03073657 6 2023-01-01 2023-12-31 03073657 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 03073657










Aristotle Holdings Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 December 2023

 
Aristotle Holdings Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Aristotle Holdings Limited for the year ended 31 December 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aristotle Holdings Limited for the year ended 31 December 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Aristotle Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 26 September 2024Our work has been undertaken solely to prepare for your approval the financial statements of Aristotle Holdings Limited and state those matters that we have agreed to state to the Board of directors of Aristotle Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aristotle Holdings Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Aristotle Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Aristotle Holdings Limited. You consider that Aristotle Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Aristotle Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
Chartered Accountants
London
9 October 2024
Page 1

 
Aristotle Holdings Limited
Registered number: 03073657

Balance sheet
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
218,173
218,173

Investments
 5 
1
1

  
218,174
218,174

Current assets
  

Debtors: amounts falling due within one year
 6 
20,056
408,172

Cash at bank and in hand
  
395,755
234,485

  
415,811
642,657

Creditors: amounts falling due within one year
 7 
(88,545)
(89,141)

Net current assets
  
 
 
327,266
 
 
553,516

Total assets less current liabilities
  
545,440
771,690

  

Net assets
  
545,440
771,690


Capital and reserves
  

Called up share capital 
  
2,000
2,000

Share premium account
  
21,564
21,564

Capital redemption reserve
  
400
400

Profit and loss account
  
521,476
747,726

  
545,440
771,690


Page 2

 
Aristotle Holdings Limited
Registered number: 03073657

Balance sheet (continued)
As at 31 December 2023

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 on 9 October 2024.


G P Triefus FCA
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
Aristotle Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

1.


General information

Aristotle Holdings Limited ("the company") is a private company, limited by shares, and is incorporated and domiciled in England and Wales with the registration number 03073657. The address of the registered office and principal place of business is 51 Chalcot Road, Primrose Hill, London, NW1 8LY. The principal activities continued to be that of an investment property company and providing consultancy and property related 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 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.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Revenue comprises of rental income, service charges, insurance, commission and fees receivable. Fees for other professional services are recognised when they become due.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
Aristotle Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
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

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
over the lease term
Plant and machinery
-
33.3% per annum on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 5

 
Aristotle Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
2.8

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.

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.


Employees

2023
2022
£
£

Wages and salaries
144,000
144,000

Social security costs
20,555
23,077

Cost of defined contribution scheme
36,000
36,000

200,555
203,077


The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 6

 
Aristotle Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

4.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 January 2023
242,682
16,345
259,027



At 31 December 2023

242,682
16,345
259,027



Depreciation


At 1 January 2023
24,509
16,345
40,854



At 31 December 2023

24,509
16,345
40,854



Net book value



At 31 December 2023
218,173
-
218,173



At 31 December 2022
218,173
-
218,173


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 January 2023
1



At 31 December 2023
1





6.


Debtors

2023
2022
£
£


Other debtors
1,700
387,908

Prepayments and accrued income
18,356
20,264

20,056
408,172


Page 7

 
Aristotle Holdings Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
723
2,917

Amounts owed to group undertakings
63,759
63,759

Other taxation and social security
10,128
8,643

Other creditors
878
878

Accruals and deferred income
13,057
12,944

88,545
89,141



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £36,000 (2022: £36,000). There were no contributions were outstanding at the year end. 


9.


Related party transactions

At the year end the company owed £63,759 (2022: £63,759) to Aristotle Trustees Limited, a subsidiary company and is included within Creditors Amounts owed falling due within one year' in Note 7 in the accounts.


10.


Controlling party

The company is controlled by the directors.


Page 8