Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-3142023-11-01falseHolding company4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06294455 2023-11-01 2024-10-31 06294455 2022-11-01 2023-10-31 06294455 2024-10-31 06294455 2023-10-31 06294455 c:Director1 2023-11-01 2024-10-31 06294455 c:Director2 2023-11-01 2024-10-31 06294455 d:FurnitureFittings 2023-11-01 2024-10-31 06294455 d:FurnitureFittings 2024-10-31 06294455 d:FurnitureFittings 2023-10-31 06294455 d:Goodwill 2024-10-31 06294455 d:Goodwill 2023-10-31 06294455 d:CurrentFinancialInstruments 2024-10-31 06294455 d:CurrentFinancialInstruments 2023-10-31 06294455 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 06294455 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 06294455 d:ShareCapital 2024-10-31 06294455 d:ShareCapital 2023-10-31 06294455 d:RetainedEarningsAccumulatedLosses 2024-10-31 06294455 d:RetainedEarningsAccumulatedLosses 2023-10-31 06294455 c:FRS102 2023-11-01 2024-10-31 06294455 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 06294455 c:FullAccounts 2023-11-01 2024-10-31 06294455 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06294455 6 2023-11-01 2024-10-31 06294455 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 06294455










BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED
REGISTERED NUMBER: 06294455

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 6 
2,500
2,500

Current assets
  

Debtors: amounts falling due within one year
 7 
48,015
60,235

  
48,015
60,235

Creditors: amounts falling due within one year
 8 
(1,634)
(1,910)

Net current assets
  
 
 
46,381
 
 
58,325

Total assets less current liabilities
  
48,881
60,825

  

Net assets
  
48,881
60,825


Capital and reserves
  

Called up share capital 
  
150
150

Profit and loss account
  
48,731
60,675

  
48,881
60,825


Page 1

 
BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED
REGISTERED NUMBER: 06294455
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 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 statement of income and retained earnings 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 29 November 2024.




R Saunders
G E Rosewarne
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Baslow Insurance Services Holding Company Limited is a private company limited by shares (registered number: 06294455), incorporated in England and Wales. Its registered office is Blake House, Bath Street, Bakewell, Derbyshire, DE45 1BY. The principal activity of the company throughout the year continued to be that of a holding company.

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 company's functional and presentation currency is pounds sterling.

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

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.4

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.


 
2.5

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of income and retained earnings over its useful economic life.
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

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, as follows.

The depreciation rates used are:

Fixtures and fittings
-
25%
straight line basis

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.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


3.


Employees

The average monthly number of employees, including directors, during the period was 4 (2023 - 4)


4.


Intangible assets




Goodwill

£



Cost


At 1 November 2023
250,000



At 31 October 2024

250,000



Amortisation


At 1 November 2023
250,000



At 31 October 2024

250,000



Net book value



At 31 October 2024
-



At 31 October 2023
-



Page 5

 
BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 November 2023
10,000



At 31 October 2024

10,000



Depreciation


At 1 November 2023
10,000



At 31 October 2024

10,000



Net book value



At 31 October 2024
-



At 31 October 2023
-


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2023
2,500



At 31 October 2024
2,500




Page 6

 
BASLOW INSURANCE SERVICES HOLDING COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

7.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
29,704
41,516

Other debtors
18,311
18,353

Prepayments and accrued income
-
366

48,015
60,235



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
230

Other taxation and social security
58
-

Accruals and deferred income
1,576
1,680

1,634
1,910



9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £730 (2023: £620).


10.


Related party transactions

Included within other debtors are amounts due from Baslow Insurance Services Limited, a subsidiary of the company, totalling £29,704 (2023: £41,516).

 
Page 7