Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-31false2023-11-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08147737 2023-11-01 2024-10-31 08147737 2022-11-01 2023-10-31 08147737 2024-10-31 08147737 2023-10-31 08147737 c:Director2 2023-11-01 2024-10-31 08147737 d:CurrentFinancialInstruments 2024-10-31 08147737 d:CurrentFinancialInstruments 2023-10-31 08147737 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 08147737 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 08147737 d:ShareCapital 2024-10-31 08147737 d:ShareCapital 2023-10-31 08147737 d:RetainedEarningsAccumulatedLosses 2024-10-31 08147737 d:RetainedEarningsAccumulatedLosses 2023-10-31 08147737 c:FRS102 2023-11-01 2024-10-31 08147737 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08147737 c:FullAccounts 2023-11-01 2024-10-31 08147737 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08147737 d:Subsidiary1 2023-11-01 2024-10-31 08147737 d:Subsidiary1 1 2023-11-01 2024-10-31 08147737 d:Subsidiary2 2023-11-01 2024-10-31 08147737 d:Subsidiary2 1 2023-11-01 2024-10-31 08147737 d:Subsidiary4 2023-11-01 2024-10-31 08147737 d:Subsidiary4 1 2023-11-01 2024-10-31 08147737 2 2023-11-01 2024-10-31 08147737 6 2023-11-01 2024-10-31 08147737 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 08147737









C N ROSS-FIELD HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
C N ROSS-FIELD HOLDINGS LIMITED
 

CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 6


 
C N ROSS-FIELD HOLDINGS LIMITED
REGISTERED NUMBER: 08147737

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
464
464

  
464
464

Current assets
  

Debtors: amounts falling due within one year
 5 
2,613,277
1,984,890

Cash at bank and in hand
 6 
391,887
1,009,058

  
3,005,164
2,993,948

Creditors: amounts falling due within one year
 7 
(576,535)
(775,513)

Net current assets
  
 
 
2,428,629
 
 
2,218,435

Total assets less current liabilities
  
2,429,093
2,218,899

  

Net assets
  
2,429,093
2,218,899


Capital and reserves
  

Called up share capital 
  
465
465

Profit and loss account
  
2,428,628
2,218,434

  
2,429,093
2,218,899


Page 1

 
C N ROSS-FIELD HOLDINGS LIMITED
REGISTERED NUMBER: 08147737
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 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 comprehensive income 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 11 February 2025.




B Ross-Field
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
C N ROSS-FIELD HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

C N Ross-Field Holdings Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 08147737. The address of the registered office is 12 Hatton Garden, London, EC1N 8AN. The nature of the company's operations and principal activities are 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 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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.

 
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.

Page 3

 
C N ROSS-FIELD HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2023
464



At 31 October 2024
464





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Principal activity

Class of shares

Holding

C N Ross-Field Manufacturing Jewellers Limited
Wholesalers of raw materials and manufactured jewellery
Ordinary
100%
Eric Ross Limited
Jewellery manufacturers
Ordinary
100%
London Pawnbrokers Limited
Jewellery pawnbrokers
Ordinary
100%

The aggregate of the share capital and reserves as at 31 October 2024 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)
£
£

C N Ross-Field Manufacturing Jewellers Limited
-
6,038,740

Eric Ross Limited
-
2,410,232

London Pawnbrokers Limited
100
-

Page 4

 
C N ROSS-FIELD HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
248,732
94,252

Other debtors
2,362,972
1,889,610

Prepayments and accrued income
1,573
1,028

2,613,277
1,984,890



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
391,887
1,009,058

391,887
1,009,058



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
419,840
569,969

Corporation tax
69,495
76,207

Other taxation and social security
81,852
124,187

Accruals and deferred income
5,348
5,150

576,535
775,513


Page 5

 
C N ROSS-FIELD HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

8.


Contingent liabilities

The company is part of a group Value Added Tax (VAT) registration scheme. As such the company is liable for the group VAT liability. At the year end there was a VAT liability due of £81,852 (2023: £124,187) under this scheme. 


9.


Related party transactions

At the year end an amount of £171,108 (2023: £475,717) was due to subsidiary companies.


10.


Controlling party

The ultimate controlling party is the Ross-Field family by virtue of their shareholding in the company.

 
Page 6