Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-311trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-01-01falseNo description of principal activity1false 13661529 2023-01-01 2023-12-31 13661529 2021-10-05 2022-12-31 13661529 2023-12-31 13661529 2022-12-31 13661529 c:Director1 2023-01-01 2023-12-31 13661529 d:CurrentFinancialInstruments 2023-12-31 13661529 d:CurrentFinancialInstruments 2022-12-31 13661529 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13661529 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13661529 d:ShareCapital 2023-12-31 13661529 d:ShareCapital 2022-12-31 13661529 d:RetainedEarningsAccumulatedLosses 2023-12-31 13661529 d:RetainedEarningsAccumulatedLosses 2022-12-31 13661529 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13661529 c:OrdinaryShareClass1 2023-12-31 13661529 c:OrdinaryShareClass1 2022-12-31 13661529 c:FRS102 2023-01-01 2023-12-31 13661529 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13661529 c:FullAccounts 2023-01-01 2023-12-31 13661529 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13661529 6 2023-01-01 2023-12-31 13661529 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13661529










BENCH WALK MEAL VOUCHERS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BENCH WALK MEAL VOUCHERS LTD
REGISTERED NUMBER: 13661529

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
  
1,245,779
509,822

  
1,245,779
509,822

  

Creditors: amounts falling due within one year
 5 
(1,250,614)
(513,997)

Net current liabilities
  
 
 
(1,250,614)
 
 
(513,997)

Total assets less current liabilities
  
(4,835)
(4,175)

  

Net liabilities
  
(4,835)
(4,175)


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(4,836)
(4,176)

  
(4,835)
(4,175)


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 by: 




A M Chopin
Director

Date: 28 January 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
BENCH WALK MEAL VOUCHERS LTD
 

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

1.


General information

Bench Walk Meal Vouchers Ltd  is a private company, limited by share capital and incorporated in England and Wales.
The Company's registered office is 1 Bow Lane, London, United Kingdom, EC4M 9EE. 

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

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 balance sheet 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 balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.3

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.

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of
Page 2

 
BENCH WALK MEAL VOUCHERS LTD
 

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

2.Accounting policies (continued)


2.4
Financial instruments (continued)

financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Unlisted Investments

£



Cost or valuation


At 1 January 2023
509,822


Additions
735,957



At 31 December 2023
1,245,779





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
1,245,778
509,821

Accruals and deferred income
4,836
4,176

1,250,614
513,997


Page 3

 
BENCH WALK MEAL VOUCHERS LTD
 

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

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



7.


Controlling party

The company is controlled by the sole shareholder Bench Walk 21n, L.P.

Page 4