Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31No description of principal activity2024-01-01false1false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09831666 2024-01-01 2024-12-31 09831666 2023-01-01 2023-12-31 09831666 2024-12-31 09831666 2023-12-31 09831666 c:Director1 2024-01-01 2024-12-31 09831666 d:CurrentFinancialInstruments 2024-12-31 09831666 d:CurrentFinancialInstruments 2023-12-31 09831666 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09831666 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09831666 d:ShareCapital 2024-12-31 09831666 d:ShareCapital 2023-12-31 09831666 d:RetainedEarningsAccumulatedLosses 2024-12-31 09831666 d:RetainedEarningsAccumulatedLosses 2023-12-31 09831666 c:FRS102 2024-01-01 2024-12-31 09831666 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09831666 c:FullAccounts 2024-01-01 2024-12-31 09831666 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09831666 2 2024-01-01 2024-12-31 09831666 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 09831666










THE BIG A (HOLDING) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
THE BIG A (HOLDING) LIMITED
REGISTERED NUMBER: 09831666

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors
 4 
2,600,139
2,412,638

Cash at bank and in hand
 5 
16,928
189,574

  
2,617,067
2,602,212

Creditors: amounts falling due within one year
 6 
(105,117)
(110,644)

Net current assets
  
 
 
2,511,950
 
 
2,491,568

Total assets less current liabilities
  
2,511,950
2,491,568

  

Net assets
  
2,511,950
2,491,568


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
2,511,949
2,491,567

  
2,511,950
2,491,568


Page 1

 
THE BIG A (HOLDING) LIMITED
REGISTERED NUMBER: 09831666
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 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 by: 




................................................
S Irwin
Director

Date: 14 February 2025

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

Page 2

 
THE BIG A (HOLDING) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Big A (Holding) Limited is a private company limited by share, registered in England and Wales, registered number 09831666. The registered office is 15th Floor, 6 Bevis Marks, London, EC3A 7BA.

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

Going concern

Following the sale of the trade and assets of the Company to Oliver Wyman, Inc., in the prior year, the company has now ceased trading and the Director intends to liquidate the company once the deferred consideration (Note 7) for the sale of assets and trade has been received.
At the date of signing this has not been completed. The Director therefore does not consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements and therefore they have been prepared on a basis other than that of a going concern which includes, where appropriate, writing down the company's assets to net realisable value. 

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.4

Interest income

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

Page 3

 
THE BIG A (HOLDING) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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

2024
2023
£
£

Wages and salaries
-
2,038

Social security costs
-
2,632

-
4,670


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
2,598,793
2,094,567

Other debtors
110
317,065

Called up share capital not paid
1
1

Prepayments and accrued income
1,235
1,005

2,600,139
2,412,638


Page 4

 
THE BIG A (HOLDING) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
16,928
189,574



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
5,527

Other creditors
99,989
99,989

Accruals and deferred income
5,128
5,128

105,117
110,644



7.


Contingent Asset

On 1 November 2022, the trade and assets of the company was purchased by Oliver Wyman, Inc. As part of this agreement there is a deferred consideration which is dependent on performance and will become due for the year ended 31 December 2025. At present it is difficult to estimate what the value will be and therefore not provided for in these financial statements. 


8.


Related party transactions

The Big A (Holding) Limited has taken advantage of the provisions under section 33.1A of FRS 102 and has not disclosed transactions with fellow group members wholly owned by the ultimate parent undertaking.


9.


Controlling party

The Big A, Ltd (incorporated in United States of America) is regarded by the directors as being the company's ultimate parent company.
The results of The Big A (Holding) Limited are included in the group accounts for The Big A, Ltd and are available from:
The Big A, Ltd
1615 L Street NW
Suite 1200
Washington, DC 20036

 
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