Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-282024-04-28No description of principal activity2true2023-05-01falsefalse2false 10734041 2023-05-01 2024-04-28 10734041 2022-05-01 2023-04-30 10734041 2024-04-28 10734041 2023-04-30 10734041 c:Director1 2023-05-01 2024-04-28 10734041 d:CurrentFinancialInstruments 2024-04-28 10734041 d:CurrentFinancialInstruments 2023-04-30 10734041 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-28 10734041 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10734041 d:ShareCapital 2024-04-28 10734041 d:ShareCapital 2023-04-30 10734041 d:RetainedEarningsAccumulatedLosses 2024-04-28 10734041 d:RetainedEarningsAccumulatedLosses 2023-04-30 10734041 c:FRS102 2023-05-01 2024-04-28 10734041 c:Audited 2023-05-01 2024-04-28 10734041 c:FullAccounts 2023-05-01 2024-04-28 10734041 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-28 10734041 c:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-28 10734041 e:PoundSterling 2023-05-01 2024-04-28 iso4217:GBP xbrli:pure

Registered number: 10734041









AGENT PROVOCATEUR LICENSING LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 APRIL 2024

 
AGENT PROVOCATEUR LICENSING LIMITED
REGISTERED NUMBER: 10734041

BALANCE SHEET
AS AT 28 APRIL 2024

28 April
30 April
2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,463,980
3,339,316

Cash at bank and in hand
 5 
-
276

  
4,463,980
3,339,592

Creditors: amounts falling due within one year
 6 
(2,726,318)
(2,377,880)

Net current assets
  
 
 
1,737,662
 
 
961,712

Total assets less current liabilities
  
1,737,662
961,712

  

Net assets
  
1,737,662
961,712


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,737,562
961,612

  
1,737,662
961,712


Page 1

 
AGENT PROVOCATEUR LICENSING LIMITED
REGISTERED NUMBER: 10734041
    
BALANCE SHEET (CONTINUED)
AS AT 28 APRIL 2024

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: 




................................................
B C Banks
Director

Date: 30 January 2025

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

Page 2

 
AGENT PROVOCATEUR LICENSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 APRIL 2024

1.


General information

Agent Provocateur Licensing Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6-10 Market Road, London, United Kingdom, N7 9PW.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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 represents amounts receivable from royalties arising under license and from franchise sales. It is stated at the fair value of the consideration receivable, net of value added tax.
Revenue is recognised when the significant risk and rewards of ownership have been transferred to the customer.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.4

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.

 
2.5

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.

Page 3

 
AGENT PROVOCATEUR LICENSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 APRIL 2024

2.Accounting policies (continued)

 
2.6

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 period was 2 (2023 - 2).


4.


Debtors

28 April
30 April
2024
2023
£
£


Trade debtors
585,128
407,519

Amounts owed by group undertakings
3,878,852
2,931,797

4,463,980
3,339,316



5.


Cash and cash equivalents

28 April
30 April
2024
2023
£
£

Cash at bank and in hand
-
276

-
276



6.


Creditors: Amounts falling due within one year

28 April
30 April
2024
2023
£
£

Amounts owed to group undertakings
2,698,318
2,353,844

Corporation tax
20,000
14,536

Accruals and deferred income
8,000
9,500

2,726,318
2,377,880


Page 4

 
AGENT PROVOCATEUR LICENSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 APRIL 2024

7.


Related party transactions

The company has taken advantage of the exemption available in accordance with FRS 102 Section 33 'Related party disclosures' not to disclose transactions entered into between two or more members of a group, as the company and the other subsidiaries are wholly owned subsidiary undertakings of the group to which they are party to the transactions.


8.


Controlling party

The parent company is Agent Provocateur IP Limited, a company incorporated in England and Wales.
The ultimate parent company is Four (Holdings) Limited, a company incorporated in England and Wales.
The smallest and largest group in which the group accounts is consolidated is within Four (Holdings) Limited, whose accounts are available from Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ.


9.


Auditors' information

The auditors' report on the financial statements for the period ended 28 April 2024 was unqualified.

The audit report was signed on 30 January 2025 by Jonathan Franks FCA (Senior Statutory Auditor) on behalf of Hillier Hopkins LLP.

 
Page 5