Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30The principal activity of the company was that of the provision of consultancy servicesThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-04falsetruefalse3true 14779022 2023-04-03 14779022 2023-04-04 2024-04-30 14779022 2024-04-30 14779022 2022-04-01 2023-04-03 14779022 c:Director1 2023-04-04 2024-04-30 14779022 d:CurrentFinancialInstruments 2024-04-30 14779022 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 14779022 d:ShareCapital 2024-04-30 14779022 d:RetainedEarningsAccumulatedLosses 2024-04-30 14779022 c:OrdinaryShareClass1 2023-04-04 2024-04-30 14779022 c:OrdinaryShareClass1 2024-04-30 14779022 c:OrdinaryShareClass2 2023-04-04 2024-04-30 14779022 c:OrdinaryShareClass2 2024-04-30 14779022 c:OrdinaryShareClass3 2023-04-04 2024-04-30 14779022 c:OrdinaryShareClass3 2024-04-30 14779022 c:OrdinaryShareClass4 2023-04-04 2024-04-30 14779022 c:OrdinaryShareClass4 2024-04-30 14779022 c:FRS102 2023-04-04 2024-04-30 14779022 c:AuditExempt-NoAccountantsReport 2023-04-04 2024-04-30 14779022 c:FullAccounts 2023-04-04 2024-04-30 14779022 c:PrivateLimitedCompanyLtd 2023-04-04 2024-04-30 14779022 e:PoundSterling 2023-04-04 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14779022


HERA CAPITAL PARTNERS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD 4 APRIL 2023 TO 30 APRIL 2024

 
HERA CAPITAL PARTNERS LIMITED
REGISTERED NUMBER: 14779022

BALANCE SHEET
AS AT 30 APRIL 2024

2024
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,678

Cash at bank and in hand
 5 
1,973

  
7,651

Creditors: amounts falling due within one year
 6 
(102,954)

Net current (liabilities)/assets
  
 
 
(95,303)

Total assets less current liabilities
  
(95,303)

  

Net (liabilities)/assets
  
(95,303)


Capital and reserves
  

Called up share capital 
 7 
100

Profit and loss account
  
(95,403)

  
(95,303)


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: 


Simon Alexander Banks
Director

Date: 24 January 2025

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

Page 1

 
HERA CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

1.


General information

Hera Capital Partners Limited is a private limited company limited by share capital, incorporated in England and Wales.
The company's registration number is 14779022.
The company's registered office address is 1 Vincent Square, London, United Kingdom, SW1P 2PN.

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 the going concern basis, which assumes that the
company will continue in operational existence for the foreseeable future.
The validity of this assumption depends on the continuing support from the company's financiers,
creditors and the ability to have sufficient working capital in the foreseeable future. The company's
director is not aware of any reason why the support from the company's financiers and other creditors
will not be renewed. The continuation of this support is critical to the company's ability to meet its
liabilities as they fall due.
Should the going concern basis of preparation of the financial statements be found to be inappropriate, should such support be withdrawn by the financiers or there was insufficient working
capital for the company to continue as a going concern, adjustments may have to be made to reduce
the value of assets to their recoverable amount, to provide further liabilities that might arise and to
reclassify fixed assets and long term liabilities as current assets and liabilities respectively, both
adjustments having a consequent effect on the profit and loss account. It is not practical to quantify
these potential adjustments which are not included in these financial statements.

Page 2

 
HERA CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

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.

 
2.7

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.

 
2.8

Financial instruments

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

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially
Page 3

 
HERA CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)

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 financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the period was 3.

Page 4

 
HERA CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

4.


Debtors

2024
£


Other debtors
5,678

5,678



5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
1,973

1,973



6.


Creditors: Amounts falling due within one year

2024
£

Other taxation and social security
1,904

Other creditors
101,050

102,954



7.


Share capital

2024
£
Allotted, called up and fully paid


32 Ordinary A shares of £1.00 each
32
30 Ordinary B shares of £1.00 each
30
28 Ordinary C shares of £1.00 each
28
10 Ordinary D shares of £1.00 each
10

100


Page 5

 
HERA CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2024

7.Share capital (continued)

During the year 32 Ordinary A shares were issued at par value. 
During the year 30 Ordinary B shares were issued at par value. 
During the year 28 Ordinary C shares were issued at par value. 
During the year 10 Ordinary D shares were issued at par value. 

Page 6