Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsetrue2023-04-0122trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13049551 2023-04-01 2024-03-31 13049551 2022-04-01 2023-03-31 13049551 2024-03-31 13049551 2023-03-31 13049551 c:Director1 2023-04-01 2024-03-31 13049551 d:CurrentFinancialInstruments 2024-03-31 13049551 d:CurrentFinancialInstruments 2023-03-31 13049551 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13049551 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13049551 d:ShareCapital 2024-03-31 13049551 d:ShareCapital 2023-03-31 13049551 d:SharePremium 2024-03-31 13049551 d:SharePremium 2023-03-31 13049551 d:RetainedEarningsAccumulatedLosses 2024-03-31 13049551 d:RetainedEarningsAccumulatedLosses 2023-03-31 13049551 c:OrdinaryShareClass1 2023-04-01 2024-03-31 13049551 c:OrdinaryShareClass1 2024-03-31 13049551 c:OrdinaryShareClass1 2023-03-31 13049551 c:FRS102 2023-04-01 2024-03-31 13049551 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13049551 c:FullAccounts 2023-04-01 2024-03-31 13049551 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13049551 d:Subsidiary1 2023-04-01 2024-03-31 13049551 d:Subsidiary1 1 2023-04-01 2024-03-31 13049551 6 2023-04-01 2024-03-31 13049551 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13049551














PRE RIGHTS HOLDINGS LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
PRE RIGHTS HOLDINGS LIMITED
REGISTERED NUMBER:13049551

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
30,000,100
30,000,100

  
30,000,100
30,000,100

Current assets
  

Debtors: amounts falling due within one year
 5 
453
415

Cash in hand
 6 
100
100

  
553
515

Creditors: amounts falling due within one year
 7 
(10,933)
(7,357)

Net current liabilities
  
 
 
(10,380)
 
 
(6,842)

Total assets less current liabilities
  
29,989,720
29,993,258

  

Net assets
  
29,989,720
29,993,258


Capital and reserves
  

Called up share capital 
 8 
200
200

Share premium
  
30,000,000
30,000,000

Profit and loss account
  
(10,480)
(6,942)

  
29,989,720
29,993,258


Page 1

 
PRE RIGHTS HOLDINGS LIMITED
REGISTERED NUMBER:13049551
    
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 by: 




P R Epworth
Director

Date: 25 November 2024

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

Page 2

 
PRE RIGHTS HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Pre Rights Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 13049551. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. 
The principal activity of the company continued to be that of a holding company.
The pricipal activities of the subsidiary is music production and music publishing.

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 the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small - sized group. The company has therefore taken advantage of the exemption provided by section 399 of the Companies Act 2006 not to prepare group accounts.

  
2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.6

Creditors

Short-term creditors are measured at the transaction price. 

 
2.7

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, loans to related parties and investments in ordinary shares.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 -2).

Page 3

 
PRE RIGHTS HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Investments in subsidiary company

£



Cost 


At 1 April 2023
30,000,100



At 31 March 2024
30,000,100





Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Registered office

Class of shares

Holding

Pre Rights Limited
Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE
Ordinary
100%


5.


Debtors

2024
2023
£
£


Prepayments
453
415



6.


Cash

2024
2023
£
£

Cash in hand
100
100



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
604
3,025

Amounts owed to connected companies
8,829
3,332

Accruals
1,500
1,000

10,933
7,357


Page 4

 
PRE RIGHTS HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



200 (2023 -200) Ordinary shares of £1.00 each
200
200



9.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 section 1A paragraph 1AC.35.


10.


Post balance sheet events

On the 24th of October 2024, the company passed a special resolution to reduce the share capital of the company from £200 to £102 by cancellation of 98 ordinary shares of £1.00 each, and the cancellation of share premium account in the sum of £14,700,000.

 
Page 5