Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29No description of principal activityfalse2023-03-0111falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05369035 2023-03-01 2024-02-29 05369035 2022-03-01 2023-02-28 05369035 2024-02-29 05369035 2023-02-28 05369035 c:CompanySecretary1 2023-03-01 2024-02-29 05369035 c:Director1 2023-03-01 2024-02-29 05369035 c:Director3 2023-03-01 2024-02-29 05369035 c:Director3 2024-02-29 05369035 c:Director4 2023-03-01 2024-02-29 05369035 c:Director4 2024-02-29 05369035 c:RegisteredOffice 2023-03-01 2024-02-29 05369035 d:CurrentFinancialInstruments 2024-02-29 05369035 d:CurrentFinancialInstruments 2023-02-28 05369035 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 05369035 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 05369035 d:ShareCapital 2024-02-29 05369035 d:ShareCapital 2023-02-28 05369035 d:RetainedEarningsAccumulatedLosses 2024-02-29 05369035 d:RetainedEarningsAccumulatedLosses 2023-02-28 05369035 c:OrdinaryShareClass1 2023-03-01 2024-02-29 05369035 c:OrdinaryShareClass1 2024-02-29 05369035 c:OrdinaryShareClass1 2023-02-28 05369035 c:FRS102 2023-03-01 2024-02-29 05369035 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 05369035 c:FullAccounts 2023-03-01 2024-02-29 05369035 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 05369035 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05369035









MARGIN CALL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
MARGIN CALL LIMITED
 
 
COMPANY INFORMATION


Directors
J C Constable 
Three V Corporate Venturing LLP (resigned 22 March 2023)
HW Directors Limited (appointed 22 March 2023)




Company secretary
Cossey Cosec Services Ltd



Registered number
05369035



Registered office
4th Floor
24 Old Bond Street

London

W1S 4AW





 
MARGIN CALL LIMITED
REGISTERED NUMBER: 05369035

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,219,353
2,610

Cash at bank and in hand
 5 
1,170
133,501

  
2,220,523
136,111

Creditors: amounts falling due within one year
 6 
(2,209,455)
(125,029)

Net current assets
  
 
 
11,068
 
 
11,082

Total assets less current liabilities
  
11,068
11,082

  

Net assets
  
11,068
11,082


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
11,067
11,081

Shareholders' funds
  
11,068
11,082


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 statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
MARGIN CALL LIMITED
REGISTERED NUMBER: 05369035
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




HW Directors Limited
Director

Date: 28 November 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
MARGIN CALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Margin Call Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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  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.

 
2.3

Taxation

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 balance sheet date in the countries where the Company operates and generates income.

 
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

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).

Page 3

 
MARGIN CALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
2,216,744
1

Prepayments and accrued income
2,609
2,609

2,219,353
2,610



5.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
1,170
133,501



6.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Other creditors
2,209,425
125,000

Accruals and deferred income
30
29

2,209,455
125,029



7.


Share capital

29 February
28 February
2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


 
Page 4