Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10200760 2022-12-01 2023-11-30 10200760 2021-12-01 2022-11-30 10200760 2023-11-30 10200760 2022-11-30 10200760 c:Director2 2022-12-01 2023-11-30 10200760 d:CurrentFinancialInstruments 2023-11-30 10200760 d:CurrentFinancialInstruments 2022-11-30 10200760 d:Non-currentFinancialInstruments 2023-11-30 10200760 d:Non-currentFinancialInstruments 2022-11-30 10200760 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10200760 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 10200760 d:ShareCapital 2023-11-30 10200760 d:ShareCapital 2022-11-30 10200760 d:SharePremium 2023-11-30 10200760 d:SharePremium 2022-11-30 10200760 d:RetainedEarningsAccumulatedLosses 2023-11-30 10200760 d:RetainedEarningsAccumulatedLosses 2022-11-30 10200760 c:FRS102 2022-12-01 2023-11-30 10200760 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10200760 c:FullAccounts 2022-12-01 2023-11-30 10200760 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10200760 6 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 10200760









SEVERN DENMARK LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
SEVERN DENMARK LTD
REGISTERED NUMBER: 10200760

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due after more than one year
 5 
63,775
-

Debtors: amounts falling due within one year
 5 
700
64,475

Cash at bank and in hand
 6 
73,277
75,237

  
137,752
139,712

Creditors: amounts falling due within one year
 7 
(3,000)
(348,000)

Net current assets/(liabilities)
  
 
 
134,752
 
 
(208,288)

Total assets less current liabilities
  
134,753
(208,287)

  

Net assets/(liabilities)
  
134,753
(208,287)


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
1,000,600
1,000,600

Profit and loss account
  
(865,947)
(1,208,987)

  
134,753
(208,287)


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 income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.
 
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SEVERN DENMARK LTD
REGISTERED NUMBER: 10200760
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 October 2024.

E Davies
Director

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

Page 2

 
SEVERN DENMARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Severn Denmark Ltd is a private company limited by shares and registered in England & Wales. The address of its registered office and principal place of business is 3 Mount Stuart Square, Cardiff Bay, Cardiff, CF10 5EE. 

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 following principal accounting policies have been applied:

 
2.2

Going concern

At the reporting date the company had net assets of £134,753 and is dependent on the support of its directors who have confirmed their intention to support the company. As a result the directors believe it is appropriate to prepare the accounts on the going concern basis. The financial  statements  do  not  include  adjustments  that would result from the withdrawal of this financial support.

 
2.3

Foreign currency translation

Functional and presentation currency
The Company's functional and presentational currency is GBP.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

Short term debtors are measured at the transaction price, 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.

 
2.8

Creditors

Short term creditors are measured at the transaction price, less any impairment.

Page 3

 
SEVERN DENMARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.9

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, and loans from third parties.


3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2022
1



At 30 November 2023
1





5.


Debtors

2023
2022
£
£

Due after more than one year

Amounts owed by group undertakings
63,775
-

63,775
-


2023
2022
£
£

Due within one year

Amounts owed by group undertakings
-
63,775

Called up share capital not paid
700
700

700
64,475


Page 4

 
SEVERN DENMARK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
73,277
75,237

73,277
75,237



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
-
345,000

Accruals and deferred income
3,000
3,000

3,000
348,000



8.


Controlling party

During the current and preceeding year, the company was under the control of the directors D Aukin and E Davies. 

 
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