Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-3102023-01-01falseNo description of principal activity0falsetrue 05326843 2023-12-31 05326843 2023-01-01 2023-12-31 05326843 2022-01-01 2022-12-31 05326843 2022-12-31 05326843 c:Director1 2023-01-01 2023-12-31 05326843 c:Director2 2023-01-01 2023-12-31 05326843 c:Director3 2023-01-01 2023-12-31 05326843 c:Director4 2023-01-01 2023-12-31 05326843 c:RegisteredOffice 2023-01-01 2023-12-31 05326843 d:CurrentFinancialInstruments 2023-12-31 05326843 d:CurrentFinancialInstruments 2022-12-31 05326843 d:Non-currentFinancialInstruments 2023-12-31 05326843 d:Non-currentFinancialInstruments 2022-12-31 05326843 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05326843 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05326843 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05326843 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 05326843 d:ShareCapital 2023-12-31 05326843 d:ShareCapital 2022-12-31 05326843 d:RetainedEarningsAccumulatedLosses 2023-12-31 05326843 d:RetainedEarningsAccumulatedLosses 2022-12-31 05326843 c:OrdinaryShareClass1 2023-01-01 2023-12-31 05326843 c:OrdinaryShareClass1 2023-12-31 05326843 c:OrdinaryShareClass1 2022-12-31 05326843 c:FRS102 2023-01-01 2023-12-31 05326843 c:Audited 2023-01-01 2023-12-31 05326843 c:FullAccounts 2023-01-01 2023-12-31 05326843 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05326843 c:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05326843 6 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company registration number: 05326843







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


ALL ABOUT QUALITY LIMITED






































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ALL ABOUT QUALITY LIMITED
 


 
COMPANY INFORMATION


Directors
O O'Connor 
M Okamoto 
I Solaguren-Beascoa Martinez 
D S Nugent 




Registered number
05326843



Registered office
County Hall
Riverside Buildings

Westminster Bridge Road

London

SE1 7PB




Independent auditor
Menzies LLP
Chartered Accountants & Statutory Auditor

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


ALL ABOUT QUALITY LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 6


 


ALL ABOUT QUALITY LIMITED
REGISTERED NUMBER:05326843



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 3 
5,374,234
12,743,915

  
5,374,234
12,743,915

Current assets
  

Debtors: amounts falling due after more than one year
 4 
17,514,334
17,483,530

Debtors: amounts falling due within one year
 4 
5,038,266
5,216,023

Cash at bank and in hand
  
3,025,269
2,567,688

  
25,577,869
25,267,241

Creditors: amounts falling due within one year
 5 
(13,862,879)
(13,957,142)

Net current assets
  
 
 
11,714,990
 
 
11,310,099

Total assets less current liabilities
  
17,089,224
24,054,014

Creditors: amounts falling due after more than one year
 6 
(10,256,402)
(10,393,438)

  

Net assets
  
6,832,822
13,660,576


Capital and reserves
  

Called up share capital 
 7 
28,000,000
28,000,000

Profit and loss account
  
(21,167,178)
(14,339,424)

  
6,832,822
13,660,576


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 by: 




D S Nugent
Director

Date: 13 January 2025

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 


ALL ABOUT QUALITY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

All About Quality 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

  
2.2

Preparation of consolidated financial statements

The financial statements contain information about All About Quality Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, London Sky Garden Ltd, The Riverside Building, County Hall, Westminster Bridge Road, London SE1 7PB.

  
2.3

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

 
2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 2

 


ALL ABOUT QUALITY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Valuation of investments

Fixed asset investments are stated at cost less provision for permanent diminution in value.

 
2.7

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.

Page 3

 


ALL ABOUT QUALITY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Fixed asset investments





Shares in group undertakings
Interest in other participating interests
Total

£
£
£



Cost or valuation


At 1 January 2023
29,232,962
500
29,233,462



At 31 December 2023

29,232,962
500
29,233,462



Provision


At 1 January 2023
16,489,047
500
16,489,547


Charge for the period
7,369,681
-
7,369,681



At 31 December 2023

23,858,728
500
23,859,228



Net book value



At 31 December 2023
5,374,234
-
5,374,234



At 31 December 2022
12,743,915
-
12,743,915

The company’s investment in group undertakings has been impaired to the recoverable amount being the undertaking's net assets as at the balance sheet date.

Page 4

 


ALL ABOUT QUALITY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£

Due after more than one year

Amounts owed by group undertakings
12,821,457
12,699,091

Due from connected companies
4,692,877
4,784,439

17,514,334
17,483,530


2023
2022
£
£

Due within one year

Amounts owed by group undertakings
4,091,556
4,535,998

Other debtors
100
100

Due from connected companies
946,610
645,504

Deferred taxation
-
34,421

5,038,266
5,216,023



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
44,300

Amounts owed to group undertakings
4,901,610
4,140,088

Amounts owed to connected companies
371,669
338,477

Corporation tax
177,250
35,115

Other creditors
8,412,350
9,399,162

13,862,879
13,957,142



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Amounts owed to connected companies
2,212,117
2,177,236

Other creditors
8,044,285
8,216,202

10,256,402
10,393,438


Page 5

 


ALL ABOUT QUALITY LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



28,000,000 (2022 - 28,000,000) Ordinary shares shares of £1.00 each
28,000,000
28,000,000



8.


Related party transactions

Included within creditors falling due within one year is £6,591,691 (2022: £7,610,548) relating to a directors' loan account in favour of O O'Connor.
Included within creditors falling due within one year is an amount of £1,655,060 (2022: £1,662,712) relating to a directors' loan account in favour of M Okamoto.
There are no formal repayment terms agreed on the above loans and are interest free.
Included in debtors due after more than one year is £4,692,877 (2022: £4,784,439) due from Ozu Ltd, a company under common control. Additionally, amounts due to Ozu Ltd are shown within creditors falling due within one year of £371,669 (2022: £338,477) and creditors falling due after more than one year of £2,212,177 (2022: £2,177,236).


9.


Ultimate controlling party

London Sky Garden Limited is regarded by the directors as being the company's ultimate controlling party and is the smallest and largest company which includes the company within its consolidated financial statements. These are available at London Sky Garden Limited, Riverside Building, County Hall, Westminster Bridge, London, SE1 7PB.


10.


Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2023 was unqualified.

The audit report was signed on 13 January 2025 by Ralph Mitchison FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

 
Page 6