Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false112023-05-01falsetrueNo description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13516865 2023-05-01 2024-04-30 13516865 2022-05-01 2023-04-30 13516865 2024-04-30 13516865 2023-04-30 13516865 c:Director2 2023-05-01 2024-04-30 13516865 d:CurrentFinancialInstruments 2024-04-30 13516865 d:CurrentFinancialInstruments 2023-04-30 13516865 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13516865 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13516865 d:ShareCapital 2024-04-30 13516865 d:ShareCapital 2023-04-30 13516865 c:FRS102 2023-05-01 2024-04-30 13516865 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13516865 c:FullAccounts 2023-05-01 2024-04-30 13516865 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13516865 6 2023-05-01 2024-04-30 13516865 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 13516865










SENATE GROUP (TOPCO) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
SENATE GROUP (TOPCO) LIMITED
REGISTERED NUMBER: 13516865

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,123,236
1,123,236

  
1,123,236
1,123,236

Current assets
  

Debtors: amounts falling due within one year
 5 
180,465
-

Cash at bank and in hand
  
320,641
-

  
501,106
-

Creditors: amounts falling due within one year
 7 
(1,224,291)
(723,185)

Net current liabilities
  
 
 
(723,185)
 
 
(723,185)

Total assets less current liabilities
  
400,051
400,051

  

Net assets
  
400,051
400,051


Capital and reserves
  

Called up share capital 
  
400,051
400,051

  
400,051
400,051


Page 1

 
SENATE GROUP (TOPCO) LIMITED
REGISTERED NUMBER: 13516865
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 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 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 on 29 January 2025.




N M Devine
Director

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

Page 2

 
SENATE GROUP (TOPCO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (no. 13516865). The address of the registered office is 11th Floor, The Plaza, 100 Old Hall Street, Liverpool, Merseyside, United Kingdom, L3 9QJ.
These financial statements present information about the company as an individual undertaking; it is a
subsidiary of Senate Group Limited. The principal activity of the company is that of a holding company.
The presentation currency of these financial statements is £ sterling; the financial statements are rounded to the nearest £.

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 income and retained earnings 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

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.

 
2.4

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.

 
2.5

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.

Page 3

 
SENATE GROUP (TOPCO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
1,123,236



At 30 April 2024
1,123,236





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
180,465
-

180,465
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
320,641
-

320,641
-


Page 4

 
SENATE GROUP (TOPCO) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
1,224,291
483,851

Other creditors
-
239,334

1,224,291
723,185



8.


Related party transactions

Included in creditors is £1,224,291 (2023: £483,851) owed to Senate Group Holdings Limited, a subsidiary of the company. 


9.


Controlling party

The company is a wholly owned subsidiary of Senate Group Limited. The ultimate controlling party is not
known.

 
Page 5