Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31falsefalsefalsetrue2023-02-01holding company33The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13502578 2023-02-01 2024-01-31 13502578 2022-02-01 2023-01-31 13502578 2024-01-31 13502578 2023-01-31 13502578 c:Director1 2023-02-01 2024-01-31 13502578 d:CurrentFinancialInstruments 2024-01-31 13502578 d:CurrentFinancialInstruments 2023-01-31 13502578 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13502578 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13502578 d:ShareCapital 2024-01-31 13502578 d:ShareCapital 2023-01-31 13502578 d:RetainedEarningsAccumulatedLosses 2024-01-31 13502578 d:RetainedEarningsAccumulatedLosses 2023-01-31 13502578 c:FRS102 2023-02-01 2024-01-31 13502578 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13502578 c:FullAccounts 2023-02-01 2024-01-31 13502578 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13502578 6 2023-02-01 2024-01-31 13502578 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 13502578









REISS FAMILY HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JANUARY 2024

 
REISS FAMILY HOLDINGS LIMITED
REGISTERED NUMBER: 13502578

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
49,548
49,548

  
49,548
49,548

Current assets
  

Debtors: amounts falling due within one year
 5 
8,557
-

Cash at bank and in hand
  
4,839
-

  
13,396
-

Creditors: amounts falling due within one year
 6 
(100,932)
(33,727)

Net current liabilities
  
 
 
(87,536)
 
 
(33,727)

Total assets less current liabilities
  
(37,988)
15,821

  

Net (liabilities)/assets
  
(37,988)
15,821


Capital and reserves
  

Called up share capital 
  
41,873
41,873

Profit and loss account
  
(79,861)
(26,052)

  
(37,988)
15,821


Page 1

 
REISS FAMILY HOLDINGS LIMITED
REGISTERED NUMBER: 13502578
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 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 period 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 by: 




................................................
D A Reiss
Director
Date: 21 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
REISS FAMILY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

1.


General information

The principal activity of Reiss Family Holdings Limited in the year under review was that of a holding company.
The Company is a private company limited by shares and is incorporated in England and Wales.
The registered office address is First Floor, The White Lion House, 64a Highgate High Street, London, United Kingdom,  N6 5HX.

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

Going concern

The financial statements have been prepared on a going concern basis.
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements..

 
2.3

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Page 3

 
REISS FAMILY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 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 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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the
recognition of financial assets and liabilities like trade and other debtors and creditors and loans
to and from related parties.
(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related
companies, are initially recognised at transaction price, unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounted at market rate of interest.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised
at transaction price, unless the arrangement constitutes a financing transaction, where the debt
instrument is measured at the present value of the future payments discounted at a market rate
of interest.

Page 4

 
REISS FAMILY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

3.


Employees




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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2023
49,548



At 31 January 2024
49,548




Page 5

 
REISS FAMILY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2024

5.


Debtors

2024
2023
£
£


Other debtors
8,557
-



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
86,457
28,207

Accruals and deferred income
14,475
5,520

100,932
33,727


Page 6