Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31No description of principal activity1false12023-04-01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09985260 2023-04-01 2024-03-31 09985260 2022-04-01 2023-03-31 09985260 2024-03-31 09985260 2023-03-31 09985260 c:Director1 2023-04-01 2024-03-31 09985260 d:CurrentFinancialInstruments 2024-03-31 09985260 d:CurrentFinancialInstruments 2023-03-31 09985260 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09985260 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09985260 d:ShareCapital 2024-03-31 09985260 d:ShareCapital 2023-03-31 09985260 d:RetainedEarningsAccumulatedLosses 2024-03-31 09985260 d:RetainedEarningsAccumulatedLosses 2023-03-31 09985260 c:FRS102 2023-04-01 2024-03-31 09985260 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09985260 c:FullAccounts 2023-04-01 2024-03-31 09985260 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09985260 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 09985260









BCLIVEUK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
BCLIVEUK LTD
REGISTERED NUMBER: 09985260

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
3,023
1,511

Current asset investments
 5 
4,604,693
4,010,173

Cash at bank and in hand
 6 
1,326,108
10,106

  
5,933,824
4,021,790

Creditors: amounts falling due within one year
 7 
(3,188,164)
(1,788,684)

Net current assets
  
 
 
2,745,660
 
 
2,233,106

Total assets less current liabilities
  
2,745,660
2,233,106

  

Net assets
  
2,745,660
2,233,106


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
2,745,659
2,233,105

  
2,745,660
2,233,106


Page 1

 
BCLIVEUK LTD
REGISTERED NUMBER: 09985260
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers 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 director acknowledges his 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 profit and loss account 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 30 October 2024.




Mr B Cox
Director

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

Page 2

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

1.


General information

BCLIVEUK Ltd is a private company limited by share capital, incorporated in England and Wales. The address of the registered office is 50 Liverpool Street, London, EC2M 7PY.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

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.

  
2.4

Borrowing costs

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

 
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 3

 
BCLIVEUK LTD
 
 
 
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.

 
2.8

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, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Investments in non-derivative instruments that are equity to the issuer are measured:
    - at fair value with changes recognised in the Profit and Loss Account if the shares are publicly   
      traded or their fair value can otherwise be measured reliably;
    - at cost less impairment for all other investments.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Other debtors
3,023
1,511

3,023
1,511



5.


Current asset investments

2024
2023
£
£

Listed investments
4,197,598
3,792,067

Unlisted investments
407,095
218,106

4,604,693
4,010,173


Page 4

 
BCLIVEUK LTD
 
 
 
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
1,326,108
10,106

1,326,108
10,106



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,210
1,162

Other creditors
3,181,954
1,782,522

Accruals and deferred income
5,000
5,000

3,188,164
1,788,684



8.


Related party transactions

During the year ordinary dividends totalling £NIL (2023: £54,300) were paid to the director in his capacity as shareholder of the company.
Included in other debtors at the balance sheet date is an amount of £370 (2023: £93) due from the director in respect of cash withdrawn in excess of expenses borne on behalf of the company. This amount is unsecured, interest free and repayable on demand.
Included in other creditors at the balance sheet date is an amount of £3,178 (2023: £5,907) due to a limited liability partnership (LLP) in which the director is a member. The amount is in respect of expenses borne by the LLP on behalf of the company. This amount is unsecured, interest free and repayable on demand.
Included in other creditors at the balance sheet date is an amount of £127,134 (2023: £5,355) due to an entity owned and controlled by the director. The amount is in respect of cash advanced to this company. This amount is unsecured, interest free and repayable on demand.
Included in other creditors at the balance sheet date is an amount of £3,051,643 (202: £1,771,260) due to a company also owned by the director of this company. The amount comprises a loan plus interest of £63,540 (2023: £60,647) charged to the profit and loss account during the year. The loan is unsecured, bears interest at a rate of 3.5% per annum and is repayable on demand.

 
Page 5