Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false12023-05-01falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12037996 2023-05-01 2024-04-30 12037996 2022-05-01 2023-04-30 12037996 2024-04-30 12037996 2023-04-30 12037996 c:Director1 2023-05-01 2024-04-30 12037996 d:FurnitureFittings 2023-05-01 2024-04-30 12037996 d:FurnitureFittings 2024-04-30 12037996 d:FurnitureFittings 2023-04-30 12037996 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 12037996 d:FreeholdInvestmentProperty 2024-04-30 12037996 d:FreeholdInvestmentProperty 2023-04-30 12037996 d:FreeholdInvestmentProperty 2 2023-05-01 2024-04-30 12037996 d:CurrentFinancialInstruments 2024-04-30 12037996 d:CurrentFinancialInstruments 2023-04-30 12037996 d:Non-currentFinancialInstruments 2024-04-30 12037996 d:Non-currentFinancialInstruments 2023-04-30 12037996 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 12037996 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12037996 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 12037996 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 12037996 d:ShareCapital 2024-04-30 12037996 d:ShareCapital 2023-04-30 12037996 d:RevaluationReserve 2024-04-30 12037996 d:RevaluationReserve 2023-04-30 12037996 d:RetainedEarningsAccumulatedLosses 2024-04-30 12037996 d:RetainedEarningsAccumulatedLosses 2023-04-30 12037996 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 12037996 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 12037996 d:OtherDeferredTax 2024-04-30 12037996 d:OtherDeferredTax 2023-04-30 12037996 c:FRS102 2023-05-01 2024-04-30 12037996 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12037996 c:FullAccounts 2023-05-01 2024-04-30 12037996 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12037996 5 2023-05-01 2024-04-30 12037996 6 2023-05-01 2024-04-30 12037996 f:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 12037996


ANGLIAN HOLDING CO. LTD
Formerly J Paterson Holdings Limited
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2024

 
ANGLIAN HOLDING CO. LTD
 
Formerly J Paterson Holdings Limited
REGISTERED NUMBER: 12037996

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
47,414
26,178

Investments
 5 
216,910
216,910

Investment property
 6 
1,825,000
1,650,000

  
2,089,324
1,893,088

Current assets
  

Debtors: amounts falling due within one year
 7 
4,764,855
4,211,230

Cash at bank and in hand
 8 
34,344
783

  
4,799,199
4,212,013

Creditors: amounts falling due within one year
 9 
(41,836)
(3,748)

Net current assets
  
 
 
4,757,363
 
 
4,208,265

Total assets less current liabilities
  
6,846,687
6,101,353

Creditors: amounts falling due after more than one year
 10 
(630,000)
-

Provisions for liabilities
  

Deferred tax
 11 
(221,953)
(131,172)

  
 
 
(221,953)
 
 
(131,172)

Net assets
  
5,994,734
5,970,181


Capital and reserves
  

Called up share capital 
  
33,587
33,587

Revaluation reserve
  
870,000
695,000

Profit and loss account
  
5,091,147
5,241,594

  
5,994,734
5,970,181


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 
Page 1

 
ANGLIAN HOLDING CO. LTD
 
Formerly J Paterson Holdings Limited
REGISTERED NUMBER: 12037996
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

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 income statement 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 23 November 2024.




Joseph John Paterson
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
ANGLIAN HOLDING CO. LTD

Formerly J Paterson Holdings Limited
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Anglian Holding Co. Limited is a private company limited by shares and incorporated in England and Wales, registration 12037996 . The registered office is Manor Farm House, Sco Ruston Road, NR12 8ET

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.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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.

Page 3

 
ANGLIAN HOLDING CO. LTD

Formerly J Paterson Holdings Limited
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
ANGLIAN HOLDING CO. LTD

Formerly J Paterson Holdings Limited
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.9

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.

 
2.10

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.

 
2.11

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 5

 
ANGLIAN HOLDING CO. LTD

Formerly J Paterson Holdings Limited
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




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


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 May 2023
41,580


Additions
29,604



At 30 April 2024

71,184



Depreciation


At 1 May 2023
15,402


Charge for the year on owned assets
8,368



At 30 April 2024

23,770



Net book value



At 30 April 2024
47,414



At 30 April 2023
26,178

Page 6

 
ANGLIAN HOLDING CO. LTD

Formerly J Paterson Holdings Limited
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
216,910



At 30 April 2024
216,910





6.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
1,650,000


Surplus on revaluation
175,000



At 30 April 2024
1,825,000

The 2024 valuations were made by the director, on an open market value for existing use basis.








7.


Debtors

2024
2023
£
£


Trade debtors
(9,636)
-

Amounts owed by group undertakings
2,511,053
1,855,382

Other debtors
2,263,438
2,355,848

4,764,855
4,211,230


Page 7

 
ANGLIAN HOLDING CO. LTD

Formerly J Paterson Holdings Limited
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
34,344
783

34,344
783



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
39,761
-

Amounts owed to group undertakings
240
200

Corporation tax
-
1,798

Accruals and deferred income
1,835
1,750

41,836
3,748



10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
630,000
-

630,000
-


The following liabilities were secured:

2024
2023
£
£



Other creditors
630,000
-

630,000
-

Details of security provided:

Security is provided against the Investment property


11.


Deferred taxation

Page 8

 
ANGLIAN HOLDING CO. LTD

Formerly J Paterson Holdings Limited
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
 
11.Deferred taxation (continued)




2024


£






At beginning of year
(131,172)


Charged to profit or loss
(90,781)



At end of year
(221,953)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(4,453)
878

Revaluation
(217,500)
(132,050)

(221,953)
(131,172)

 
Page 9