Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-313No description of principal activity2023-04-01false3truetrue 11019867 2023-04-01 2024-03-31 11019867 2022-04-01 2023-03-31 11019867 2024-03-31 11019867 2023-03-31 11019867 2022-04-01 11019867 c:Director1 2023-04-01 2024-03-31 11019867 d:CurrentFinancialInstruments 2024-03-31 11019867 d:CurrentFinancialInstruments 2023-03-31 11019867 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11019867 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11019867 d:ShareCapital 2024-03-31 11019867 d:ShareCapital 2022-04-01 2023-03-31 11019867 d:ShareCapital 2023-03-31 11019867 d:ShareCapital 2022-04-01 11019867 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 11019867 d:RetainedEarningsAccumulatedLosses 2024-03-31 11019867 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 11019867 d:RetainedEarningsAccumulatedLosses 2023-03-31 11019867 d:RetainedEarningsAccumulatedLosses 2022-04-01 11019867 c:FRS102 2023-04-01 2024-03-31 11019867 c:Audited 2023-04-01 2024-03-31 11019867 c:FullAccounts 2023-04-01 2024-03-31 11019867 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11019867 d:Subsidiary1 2023-04-01 2024-03-31 11019867 d:Subsidiary1 1 2023-04-01 2024-03-31 11019867 d:Subsidiary2 2023-04-01 2024-03-31 11019867 d:Subsidiary2 1 2023-04-01 2024-03-31 11019867 c:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11019867 2 2023-04-01 2024-03-31 11019867 6 2023-04-01 2024-03-31 11019867 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11019867









SBM INTERNATIONAL PRIVATE LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
SBM INTERNATIONAL PRIVATE LIMITED
REGISTERED NUMBER: 11019867

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
10,000
5,000

  
10,000
5,000

Current assets
  

Debtors: amounts falling due within one year
 5 
17,870,153
16,674,414

Cash at bank and in hand
 6 
753,371
1,032,154

  
18,623,524
17,706,568

Creditors: amounts falling due within one year
 7 
(6,160)
(7,712)

Net current assets
  
 
 
18,617,364
 
 
17,698,856

Total assets less current liabilities
  
18,627,364
17,703,856

  

Net assets
  
18,627,364
17,703,856


Capital and reserves
  

Called up share capital 
  
12,520,500
12,520,500

Profit and loss account
  
6,106,864
5,183,356

  
18,627,364
17,703,856


Page 1

 
SBM INTERNATIONAL PRIVATE LIMITED
REGISTERED NUMBER: 11019867
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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: 




Sonica Malhotra Kandhari
Director

Date: 2 August 2024

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
SBM INTERNATIONAL PRIVATE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 April 2022
8,520,500
4,750,326
13,270,826


Comprehensive income for the year

Profit for the year
-
433,030
433,030


Contributions by and distributions to owners

Other share capital movements
4,000,000
-
4,000,000



At 1 April 2023
12,520,500
5,183,356
17,703,856



Profit for the year
-
923,508
923,508


At 31 March 2024
12,520,500
6,106,864
18,627,364


The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
SBM INTERNATIONAL PRIVATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

SBM international Private Limited is a private company limited by shares and incorporated in England and Wales (registered number 11019867). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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 financial statements  contain information about SBM International Private Limited as an individual company and do not contain consolidated  financial  information  as the parent of a group.  The company  is exempt  under Section 399(2A) of the Companies Act 2006 from the requirements  to prepare consolidated financial statements.

 
2.3

Interest income

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

 
2.4

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.

 
2.5

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.

 
2.6

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.

Page 4

 
SBM INTERNATIONAL PRIVATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

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.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Employees & directors
3
3


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
5,000


Additions
5,000



At 31 March 2024
10,000





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
16,513,000
16,224,000

Prepayments and accrued income
1,357,153
450,414

17,870,153
16,674,414


The amounts owed by the group undertakings includes a loan given to the subsidiary. This loan is bearing interest of 5.5% per annum, is unsecured and repayable on demand.

Page 5

 
SBM INTERNATIONAL PRIVATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
753,371
1,032,154

753,371
1,032,154



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
1,060
912

Accruals and deferred income
5,100
6,800

6,160
7,712



8.



Subsidiary undertakings





The following were subsidiary undertakings of the Company:

Name

Registered office

Class of shares

Holding

Golden Chariot Private Limited
101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH
Ordinary
100%
Imperial Estates Private Limited
101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH
Ordinary
100%


9.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2024 was unqualified.

The audit report was signed on 2 August 2024 by Manish Kamdar (Senior Statutory Auditor) on behalf of Harris & Trotter LLP.

 
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