Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29holding company0truefalse2023-03-01true0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11506131 2023-03-01 2024-02-29 11506131 2022-08-01 2023-02-28 11506131 2024-02-29 11506131 2023-02-28 11506131 c:Director1 2023-03-01 2024-02-29 11506131 d:CurrentFinancialInstruments 2024-02-29 11506131 d:CurrentFinancialInstruments 2023-02-28 11506131 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11506131 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 11506131 d:ShareCapital 2024-02-29 11506131 d:ShareCapital 2023-02-28 11506131 d:RetainedEarningsAccumulatedLosses 2024-02-29 11506131 d:RetainedEarningsAccumulatedLosses 2023-02-28 11506131 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-02-29 11506131 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-02-28 11506131 c:FRS102 2023-03-01 2024-02-29 11506131 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 11506131 c:FullAccounts 2023-03-01 2024-02-29 11506131 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11506131 6 2023-03-01 2024-02-29 11506131 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 11506131









TREVETT HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
TREVETT HOLDINGS LIMITED
REGISTERED NUMBER: 11506131

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
300
-

  
300
-

Current assets
  

Debtors: amounts falling due within one year
 5 
401,498
134,988

Cash at bank and in hand
 6 
12,081
375,013

  
413,579
510,001

Creditors: amounts falling due within one year
 7 
-
(1,848)

Net current assets
  
 
 
413,579
 
 
508,153

Total assets less current liabilities
  
413,879
508,153

  

Net assets
  
413,879
508,153


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
413,779
508,053

  
413,879
508,153


Page 1

 
TREVETT HOLDINGS LIMITED
REGISTERED NUMBER: 11506131
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

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 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 10 February 2025.




................................................
Robin Trevett
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
TREVETT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Trevett Holdings Limited is a private company, incorporated in England and Wales, limited by its share capital.  The principal activity of the Company throughout the year was that of a holding company.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

 
TREVETT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.6

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs 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 receivables 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 instruments 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 payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

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

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables 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.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Page 4

 
TREVETT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.7

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 Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


Additions
300



At 29 February 2024
300




Page 5

 
TREVETT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

29 February
28 February
2024
2023
£
£


Amounts owed by group undertakings
276,498
-

Other debtors
125,000
134,988

401,498
134,988


Included within other debtors due within one year is a loan to Robin Trevett, a director, amounting to £Nil (2023 - £9,988)




6.


Cash and cash equivalents

29 February
28 February
2024
2023
£
£

Cash at bank and in hand
12,081
375,013

12,081
375,013



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Accruals and deferred income
-
1,848

-
1,848


Page 6

 
TREVETT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.


Financial instruments

29 February
28 February
2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
12,081
375,013




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


9.


Controlling party

The Company is controlled by the director, Robin Trevett, by virtue of his shareholding, as described in the Director's report.

 
Page 7