Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30truetrue22023-10-01The principal activity of the Company during the year was that of a holding company.2truefalse 04705861 2023-10-01 2024-09-30 04705861 2022-10-01 2023-09-30 04705861 2024-09-30 04705861 2023-09-30 04705861 c:Director1 2023-10-01 2024-09-30 04705861 d:CurrentFinancialInstruments 2024-09-30 04705861 d:CurrentFinancialInstruments 2023-09-30 04705861 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 04705861 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 04705861 d:ShareCapital 2024-09-30 04705861 d:ShareCapital 2023-09-30 04705861 d:CapitalRedemptionReserve 2024-09-30 04705861 d:CapitalRedemptionReserve 2023-09-30 04705861 d:RetainedEarningsAccumulatedLosses 2024-09-30 04705861 d:RetainedEarningsAccumulatedLosses 2023-09-30 04705861 c:EntityHasNeverTraded 2023-10-01 2024-09-30 04705861 c:FRS102 2023-10-01 2024-09-30 04705861 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04705861 c:FullAccounts 2023-10-01 2024-09-30 04705861 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04705861 6 2023-10-01 2024-09-30 04705861 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 04705861










ABWICH LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
ABWICH LIMITED
REGISTERED NUMBER: 04705861

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
300,000
300,000

  
300,000
300,000

  

Creditors: amounts falling due within one year
 5 
(180)
(180)

Net current liabilities
  
 
 
(180)
 
 
(180)

Total assets less current liabilities
  
299,820
299,820

  

Net assets
  
299,820
299,820


Capital and reserves
  

Called up share capital 
  
80
80

Capital redemption reserve
  
40
40

Profit and loss account
  
299,700
299,700

  
299,820
299,820


Page 1

 
ABWICH LIMITED
REGISTERED NUMBER: 04705861
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

For the year ended 30 September 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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: 




................................................
J R Bray
Director

Date: 21 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
ABWICH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

The entity is a private company limited by shares, which is incorporated in England and Wales, registration number 04705861. The registered office is Unit 11 Sketchley Meadows, Sketchley Meadows Industrial Estate, Hinckley, Leicestershire, LE10 3EN.
Principal activities
The principal activity of the Company during the year was 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 presentational currency is British Pounds Sterling (£).

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
ABWICH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at transaction price, net of transaction costs, and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
ABWICH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
300,000



At 30 September 2024
300,000





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
180
180

180
180


Page 5