Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-313falsefalsetrueNo description of principal activity2023-03-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14544826 2023-03-01 2024-03-31 14544826 2022-12-16 2023-02-28 14544826 2024-03-31 14544826 2023-02-28 14544826 c:Director1 2023-03-01 2024-03-31 14544826 d:Buildings 2023-03-01 2024-03-31 14544826 d:Buildings 2024-03-31 14544826 d:Buildings 2023-02-28 14544826 d:Buildings d:OwnedOrFreeholdAssets 2023-03-01 2024-03-31 14544826 d:CurrentFinancialInstruments 2024-03-31 14544826 d:CurrentFinancialInstruments 2023-02-28 14544826 d:ShareCapital 2024-03-31 14544826 d:ShareCapital 2023-02-28 14544826 d:RetainedEarningsAccumulatedLosses 2024-03-31 14544826 d:RetainedEarningsAccumulatedLosses 2023-02-28 14544826 c:FRS102 2023-03-01 2024-03-31 14544826 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-03-31 14544826 c:FullAccounts 2023-03-01 2024-03-31 14544826 c:PrivateLimitedCompanyLtd 2023-03-01 2024-03-31 14544826 6 2023-03-01 2024-03-31 14544826 e:PoundSterling 2023-03-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14544826










HIGSON EDWARDS (STEELSTOCK) HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
HIGSON EDWARDS (STEELSTOCK) HOLDINGS LIMITED
REGISTERED NUMBER: 14544826

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
28 February
  
2023
Note
£
£

Fixed assets
  

Tangible assets
  
1,960,747
-

Investments
  
1,457
-

  
1,962,204
-

Current assets
  

Debtors: amounts falling due within one year
  
120,000
1

  
120,000
1

Total assets less current liabilities
  
 
 
2,082,204
 
 
1

  

Net assets
  
2,082,204
1


Capital and reserves
  

Called up share capital 
  
1,457
1

Profit and loss account
  
2,080,747
-

  
2,082,204
1


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 period 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 12 February 2025.




S P Ross
Director
Page 1

 
HIGSON EDWARDS (STEELSTOCK) HOLDINGS LIMITED
REGISTERED NUMBER: 14544826
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


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

Page 2

 
HIGSON EDWARDS (STEELSTOCK) HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 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 (14544826). The address of the registered office is Luton Street, Liverpool, L5 9XR.
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

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
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 Statement of comprehensive income 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.

Page 3

 
HIGSON EDWARDS (STEELSTOCK) HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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

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 period was 3 (2023 - 0).


4.


Tangible fixed assets







Freehold property

£



Cost or valuation


Additions
2,017,932



At 31 March 2024

2,017,932



Depreciation


Charge for the period on owned assets
57,185



At 31 March 2024

57,185



Net book value



At 31 March 2024
1,960,747



At 28 February 2023
-

Page 4

 
HIGSON EDWARDS (STEELSTOCK) HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

           4.Tangible fixed assets (continued)

The freehold property was transferred from this parent's subsidiary company at its net book value. This net book value is based on a valuation of £720,000 plus subsequent additions at a cost of £1,698,862 less accumulated depreciation of £402,829 at the date of transfer.  
The freehold property was revalued in March 2014 by Mason Owen & Partners Limited, Chartered Surveyors, on an open market existing use basis; the valuation does not include notional directly attributable acquisition costs nor have expected selling costs been deducted as neither are anticipated to be material. The director is not aware of any material change in that valuation.
If the freehold property had been sold for its revalued amount at the balance sheet date it is estimated that no tax charge would arise.


5.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


Additions
1,457



At 31 March 2024
1,457





6.


Debtors

31 March
28 February
2024
2023
£
£


Amounts owed by group undertakings
120,000
-

Other debtors
-
1

120,000
1


Page 5