Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-311true12023-02-01truefalseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13868914 2023-02-01 2024-01-31 13868914 2022-01-24 2023-01-31 13868914 2024-01-31 13868914 2023-01-31 13868914 c:Director1 2023-02-01 2024-01-31 13868914 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-31 13868914 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-31 13868914 d:CurrentFinancialInstruments 2024-01-31 13868914 d:CurrentFinancialInstruments 2023-01-31 13868914 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13868914 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13868914 d:ShareCapital 2024-01-31 13868914 d:ShareCapital 2023-01-31 13868914 d:RetainedEarningsAccumulatedLosses 2024-01-31 13868914 d:RetainedEarningsAccumulatedLosses 2023-01-31 13868914 c:FRS102 2023-02-01 2024-01-31 13868914 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13868914 c:FullAccounts 2023-02-01 2024-01-31 13868914 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13868914 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2023-02-01 2024-01-31 13868914 6 2023-02-01 2024-01-31 13868914 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-02-01 2024-01-31 13868914 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 13868914









EBRB LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
EBRB LIMITED
REGISTERED NUMBER: 13868914

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
  
12,606
1,116

Investment in associate
  
77,351
57,360

  
89,957
58,476

Current assets
  

Cash at bank and in hand
 6 
89,640
33,642

  
89,640
33,642

Creditors: amounts falling due within one year
  
(3,819)
(1,819)

Net current assets
  
 
 
85,821
 
 
31,823

Total assets less current liabilities
  
175,778
90,299

  

Net assets
  
175,778
90,299


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
175,777
90,298

  
175,778
90,299


Page 1

 
EBRB LIMITED
REGISTERED NUMBER: 13868914
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The director considers 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 director acknowledges his 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 comprehensive income 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 27 January 2025.




E B Briggs
Director

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

Page 2

 
EBRB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

EBRB Ltd is a private company, limited by shares, registered in England and Wales, registration number 13868914. The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

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 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

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

Page 3

 
EBRB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intangible assets comprise primarily of cryptocurrency and other digital assets, which are considered
to have an indefinite useful economic life. These assets are therefore not amortised but reviewed for
impairment on a regular basis.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

Investments in associates

Investments in associates are accounted for using the equity method. Investments in associates are initially recorded at cost and subsequently adjusted to reflect the investor's share of the net assets of the associate (investee).

 
2.7

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.

 
2.8

Creditors

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


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
EBRB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Intangible assets




Digital assets

£



Cost


At 1 February 2023
1,116


Additions
11,804



At 31 January 2024

12,920



Amortisation


Impariment charge
314



At 31 January 2024

314



Net book value



At 31 January 2024
12,606



At 31 January 2023
1,116




5.


Investment In Associate





Investments in associates

£



Cost or valuation


At 1 February 2023
57,360


Share of profit/(loss)
19,991



At 31 January 2024
77,351




Page 5

 
EBRB LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
89,640
33,642

89,640
33,642



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
3,819
1,819

3,819
1,819


 
Page 6