Caseware UK (AP4) 2023.0.135 2023.0.135 false2022-10-21true3trueNo description of principal activity0false 14435450 2022-10-20 14435450 2022-10-21 2024-03-31 14435450 2021-10-21 2022-10-20 14435450 2024-03-31 14435450 c:Director3 2022-10-21 2024-03-31 14435450 d:CurrentFinancialInstruments 2024-03-31 14435450 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14435450 d:ShareCapital 2024-03-31 14435450 d:RetainedEarningsAccumulatedLosses 2024-03-31 14435450 c:OrdinaryShareClass1 2022-10-21 2024-03-31 14435450 c:OrdinaryShareClass1 2024-03-31 14435450 c:OrdinaryShareClass2 2022-10-21 2024-03-31 14435450 c:OrdinaryShareClass2 2024-03-31 14435450 c:OrdinaryShareClass3 2022-10-21 2024-03-31 14435450 c:OrdinaryShareClass3 2024-03-31 14435450 c:EntityHasNeverTraded 2022-10-21 2024-03-31 14435450 c:FRS102 2022-10-21 2024-03-31 14435450 c:AuditExemptWithAccountantsReport 2022-10-21 2024-03-31 14435450 c:FullAccounts 2022-10-21 2024-03-31 14435450 c:PrivateLimitedCompanyLtd 2022-10-21 2024-03-31 14435450 6 2022-10-21 2024-03-31 14435450 e:PoundSterling 2022-10-21 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14435450










CSS Group Holdings Limited








Unaudited

Financial statements

Information for filing with the registrar

For the period ended 31 March 2024

 
CSS Group Holdings Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of CSS Group Holdings Limited for the period ended 31 March 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CSS Group Holdings Limited for the period ended 31 March 2024 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 CSS Group Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 21 October 2024Our work has been undertaken solely to prepare for your approval the financial statements of CSS Group Holdings Limited and state those matters that we have agreed to state to the Board of directors of CSS Group 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 CSS Group Holdings Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that CSS Group 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 CSS Group Holdings Limited. You consider that CSS Group Holdings Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of CSS Group 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
  
2nd Floor
168 Shoreditch High Street
London
E1 6RA
21 November 2024
Page 1

 
CSS Group Holdings Limited
Registered number: 14435450

Balance sheet
As at 31 March 2024

2024
Note
£

Fixed assets
  

Investments
 3 
6

  
6

Current assets
  

Debtors: amounts falling due within one year
 4 
13,651,437

Cash at bank and in hand
  
273,600

  
13,925,037

Creditors: amounts falling due within one year
 6 
(13,913,772)

Net current assets
  
 
 
11,265

Total assets less current liabilities
  
11,271

  

Net assets
  
11,271


Capital and reserves
  

Called up share capital 
 7 
14,211

Profit and loss account
  
(2,940)

  
11,271


For the period ended 31 March 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period 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 21 November 2024.




J Sandelson
Director

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

Page 2

 
CSS Group Holdings Limited
 

 
Notes to the financial statements
For the period ended 31 March 2024

1.


General information

CSS Group Holdings Limited is a private company limited by shares and was incorporated in England with the registration number 14435450. The address of the registered office is 2nd Floor 168 Shoreditch High
Street, London, United Kingdom, E1 6RA. The principal activity is that of 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 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.

 
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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

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.

 
2.5

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.

Page 3

 
CSS Group Holdings Limited
 

 
Notes to the financial statements
For the period ended 31 March 2024

3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
6



At 31 March 2024
6





4.


Debtors

2024
£


Amounts owed by group undertakings
13,651,437



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
273,600

273,600



6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
420

Amounts owed to group undertakings
13,911,852

Accruals and deferred income
1,500

13,913,772


Page 4

 
CSS Group Holdings Limited
 

 
Notes to the financial statements
For the period ended 31 March 2024

7.


Share capital

2024
£
Allotted, called up and fully paid


13,960 Ordinary A shares of £1.00 each
13,960
250 Ordinary B shares of £1.00 each
250
1 Ordinary C share of £1.00
1

14,211


On incorporation, the company issued the following: 
13,960 Ordinary A shares of £1 at par value.
250 Ordinary B shares of £1 at par value.
1 Ordinary C share of £1 at par value.


8.


Related party transactions

During the year, GPST Holdings Limited loaned CSS Group Holdings Limited, a subsidiary company, a net amount of £13,662,351 held within Creditors: amounts owed by group undertakings. This amount was still outstanding at the period end.
During the year, CSS Management Services Limited loaned CSS Group Holdings Limited, a subsidiary company, a net amount of £249,499 held within Creditors: amounts owed by group undertakings. This amount was still outstanding at the period end.


9.


Controlling party

The ultimate controlling party is GPST Holdings Limited.


Page 5