Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01truefalseNo description of principal activity33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05302786 2023-04-01 2024-03-31 05302786 2022-04-01 2023-03-31 05302786 2024-03-31 05302786 2023-03-31 05302786 2022-04-01 05302786 c:Director5 2023-04-01 2024-03-31 05302786 d:CurrentFinancialInstruments 2024-03-31 05302786 d:CurrentFinancialInstruments 2023-03-31 05302786 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05302786 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05302786 d:ShareCapital 2023-04-01 2024-03-31 05302786 d:ShareCapital 2024-03-31 05302786 d:ShareCapital 2022-04-01 2023-03-31 05302786 d:ShareCapital 2023-03-31 05302786 d:ShareCapital 2022-04-01 05302786 d:SharePremium 2023-04-01 2024-03-31 05302786 d:SharePremium 2024-03-31 05302786 d:SharePremium 2022-04-01 2023-03-31 05302786 d:SharePremium 2023-03-31 05302786 d:SharePremium 2022-04-01 05302786 d:CapitalRedemptionReserve 2023-04-01 2024-03-31 05302786 d:CapitalRedemptionReserve 2024-03-31 05302786 d:CapitalRedemptionReserve 2022-04-01 2023-03-31 05302786 d:CapitalRedemptionReserve 2023-03-31 05302786 d:CapitalRedemptionReserve 2022-04-01 05302786 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 05302786 d:RetainedEarningsAccumulatedLosses 2024-03-31 05302786 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 05302786 d:RetainedEarningsAccumulatedLosses 2023-03-31 05302786 d:RetainedEarningsAccumulatedLosses 2022-04-01 05302786 c:FRS102 2023-04-01 2024-03-31 05302786 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05302786 c:FullAccounts 2023-04-01 2024-03-31 05302786 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05302786 2 2023-04-01 2024-03-31 05302786 6 2023-04-01 2024-03-31 05302786 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 05302786


ERAS HOLDINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024

 
ERAS HOLDINGS LIMITED
REGISTERED NUMBER:05302786

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
309,310
309,310

  
309,310
309,310

Current assets
  

Cash at bank and in hand
  
-
826

  
-
826

Creditors: amounts falling due within one year
 5 
-
(41,339)

Net current assets/(liabilities)
  
 
 
-
 
 
(40,513)

Total assets less current liabilities
  
309,310
268,797

  

Net assets
  
309,310
268,797


Capital and reserves
  

Called up share capital 
  
11,149
11,149

Share premium account
  
60,930
60,930

Capital redemption reserve
  
17,376
17,376

Profit and loss account
  
219,855
179,342

  
309,310
268,797


Page 1

 
ERAS HOLDINGS LIMITED
REGISTERED NUMBER:05302786
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider 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 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 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: 




S Davison
Director

Date: 25 November 2024

Page 2

 
ERAS HOLDINGS LIMITED
 

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


Called up share capital
Share premium account
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£
£

At 1 April 2023
11,149
60,930
17,376
179,342
268,797


Comprehensive income for the year

Profit for the year

-
-
-
152,513
152,513


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
152,513
152,513


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(112,000)
(112,000)


Total transactions with owners
-
-
-
(112,000)
(112,000)


At 31 March 2024
11,149
60,930
17,376
219,855
309,310


The notes on pages 5 to 6 form part of these financial statements.

Page 3

 
ERAS HOLDINGS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Share premium account
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£
£

At 1 April 2022
17,568
60,930
10,957
493,462
582,917


Comprehensive income for the year

Profit for the year

-
-
-
536,689
536,689


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
536,689
536,689


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(516,700)
(516,700)

Purchase of own shares
-
-
6,419
(334,109)
(327,690)

Shares cancelled during the year
(6,419)
-
-
-
(6,419)


Total transactions with owners
(6,419)
-
6,419
(850,809)
(850,809)


At 31 March 2023
11,149
60,930
17,376
179,342
268,797


The notes on pages 5 to 6 form part of these financial statements.

Page 4

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

1.


General information

ERAS Holdings Limited is a private company limited by shares and incorporated in England and Wales, registration number 05302786. The registered office is Providence Court, 105 Denmark Street, Diss IP22 4WN.

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 financial statements are prepared in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Interest income

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

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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.

 
2.6

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. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

  
2.7

Group accounts

Group accounts have not been prepared as the it has taken advantage of the exemptions available to small groups. These financial statements therefore only refer to the parent undertaking.

Page 5

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

3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
309,310



At 31 March 2024
309,310





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
-
39,542

Other creditors
-
1,476

Accruals and deferred income
-
321

-
41,339



6.


Related party transactions

An intercompany loan balance, arising as a result of payments made by the company's subsidiary, Eras Ltd,  on behalf of Eras Holdings Ltd, was owed by Eras Holdings Ltd to Eras Ltd at the year end and amounted to £41,339. The loan was written off on 31 March 2024 as agreed by the shareholders and directors of both companies.

 
Page 6