Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312No description of principal activity2023-06-01false2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false NI630441 2023-06-01 2024-05-31 NI630441 2022-06-01 2023-05-31 NI630441 2024-05-31 NI630441 2023-05-31 NI630441 c:Director2 2023-06-01 2024-05-31 NI630441 d:CurrentFinancialInstruments 2024-05-31 NI630441 d:CurrentFinancialInstruments 2023-05-31 NI630441 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 NI630441 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 NI630441 d:ShareCapital 2024-05-31 NI630441 d:ShareCapital 2023-05-31 NI630441 d:SharePremium 2023-06-01 2024-05-31 NI630441 d:SharePremium 2024-05-31 NI630441 d:SharePremium 2023-05-31 NI630441 d:RetainedEarningsAccumulatedLosses 2023-06-01 2024-05-31 NI630441 d:RetainedEarningsAccumulatedLosses 2024-05-31 NI630441 d:RetainedEarningsAccumulatedLosses 2023-05-31 NI630441 c:OrdinaryShareClass1 2023-06-01 2024-05-31 NI630441 c:OrdinaryShareClass1 2024-05-31 NI630441 c:OrdinaryShareClass1 2023-05-31 NI630441 c:OrdinaryShareClass2 2023-06-01 2024-05-31 NI630441 c:OrdinaryShareClass2 2024-05-31 NI630441 c:OrdinaryShareClass2 2023-05-31 NI630441 c:OrdinaryShareClass3 2023-06-01 2024-05-31 NI630441 c:OrdinaryShareClass3 2024-05-31 NI630441 c:OrdinaryShareClass3 2023-05-31 NI630441 c:OrdinaryShareClass4 2023-06-01 2024-05-31 NI630441 c:OrdinaryShareClass4 2024-05-31 NI630441 c:OrdinaryShareClass4 2023-05-31 NI630441 c:OrdinaryShareClass5 2023-06-01 2024-05-31 NI630441 c:OrdinaryShareClass5 2024-05-31 NI630441 c:OrdinaryShareClass5 2023-05-31 NI630441 c:FRS102 2023-06-01 2024-05-31 NI630441 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 NI630441 c:FullAccounts 2023-06-01 2024-05-31 NI630441 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 NI630441 6 2023-06-01 2024-05-31 NI630441 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: NI630441










Nacelle Group Holdings Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 May 2024

 
Nacelle Group Holdings Limited
Registered number: NI630441

Balance Sheet
As at 31 May 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
6
6

  
6
6

Current assets
  

Debtors: amounts falling due within one year
 4 
617,227
358,867

Cash at bank and in hand
  
2,247
22,974

  
619,474
381,841

Creditors: amounts falling due within one year
 5 
(354,324)
(346,649)

Net current assets
  
 
 
265,150
 
 
35,192

Total assets less current liabilities
  
265,156
35,198

  

Net assets
  
265,156
35,198


Capital and reserves
  

Called up share capital 
 6 
5
5

Share premium account
 7 
10,895
10,895

Profit and loss account
 7 
254,256
24,298

  
265,156
35,198

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Nacelle Group Holdings Limited
Registered number: NI630441

Balance Sheet (continued)
As at 31 May 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 profit and loss account 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 3 February 2025.




Tom Mallon
Director

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

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Nacelle Group Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 May 2024

1.


General information

Nacelle Group Holdings Limited is a private company limited by shares incorporated in Northern Ireland.  The registration number and address of registered office are given in the company information section of these financial statements.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors of Nacelle Group Holdings Limited have reviewed the resources available and believe that the company has adequate resources to continue in operational existence for the foreseeable future. 
Accordingly, Nacelle Group Holdings Limited continues to adopt the going concern basis in preparing the financial statements.

 
2.3

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 Profit and Loss Account 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.

 
2.4

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.

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Nacelle Group Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 May 2024

2.Accounting policies (continued)

 
2.6

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Profit and Loss Account in the same period as the related expenditure.


3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2023
6



At 31 May 2024
6





4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
535,455
358,867

Other debtors
81,772
-

617,227
358,867



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
350,415
342,912

Other creditors
1,979
1,757

Accruals and deferred income
1,930
1,980

354,324
346,649


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Nacelle Group Holdings Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 May 2024

6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2,000 (2023 - 2,000) Ordinary A shares of £0.001 each
2.000
2.000
2,000 (2023 - 2,000) Ordinary B shares of £0.001 each
2.000
2.000
286 (2023 - 286) Ordinary C shares of £0.001 each
0.286
0.286
286 (2023 - 286) Ordinary D shares of £0.001 each
0.286
0.286
191 (2023 - 191) Ordinary E shares of £0.001 each
0.191
0.191

4.763

4.763



7.


Reserves

Share premium account

This balance includes the premium paid on ordinary shares issued in previous periods.

Profit and loss account

This balance includes the current and prior periods retained losses.


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