Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-31false11Investment companyfalse2023-06-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10792270 2023-06-01 2024-05-31 10792270 2022-06-01 2023-05-31 10792270 2024-05-31 10792270 2023-05-31 10792270 c:Director1 2023-06-01 2024-05-31 10792270 d:CurrentFinancialInstruments 2024-05-31 10792270 d:CurrentFinancialInstruments 2023-05-31 10792270 d:Non-currentFinancialInstruments 2024-05-31 10792270 d:Non-currentFinancialInstruments 2023-05-31 10792270 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 10792270 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10792270 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 10792270 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 10792270 d:ShareCapital 2024-05-31 10792270 d:ShareCapital 2023-05-31 10792270 d:RetainedEarningsAccumulatedLosses 2024-05-31 10792270 d:RetainedEarningsAccumulatedLosses 2023-05-31 10792270 c:OrdinaryShareClass1 2023-06-01 2024-05-31 10792270 c:OrdinaryShareClass1 2024-05-31 10792270 c:FRS102 2023-06-01 2024-05-31 10792270 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10792270 c:FullAccounts 2023-06-01 2024-05-31 10792270 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10792270 6 2023-06-01 2024-05-31 10792270 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10792270














KH-UK INVESTMENTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

 
KH-UK INVESTMENTS LIMITED
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 4


 
KH-UK INVESTMENTS LIMITED
REGISTERED NUMBER:10792270

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
50,000
50,000

Current assets
  

Debtors: amounts falling due within one year
 5 
18,281
15,021

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(2,732)
(2,593)

Net current assets
  
 
 
15,549
 
 
12,428

Total assets less current liabilities
  
65,549
62,428

Creditors: amounts falling due after more than one year
 7 
(63,523)
(60,919)

  

Net assets
  
2,026
1,509


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
2,025
1,508

  
2,026
1,509


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 her 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 18 February 2025.


K Hudson
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
KH-UK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

KH-UK Investments Limited is a private limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire WD6 1JD.
The principal activity of the company during the year is that of an investment company.
The company's functional and presentational currency is £ sterling.

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

Turnover

Turnover comprises revenue recognised by the company in respect of interest receivable on loans.
Interest income is recognised in the period to which it relates.

 
2.3

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each Statement of Financial Position 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.
Other investments comprise loans receivable which are measured at fair value.

 
2.4

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as other debtors, other creditors and loans to/from related parties.
Other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of other debtors and loans to related parties.


Page 2

 
KH-UK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.



3.


Employees

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


4.


Fixed asset investments





Unlisted investments
Other fixed asset investments
Total

£
£
£



Cost or valuation


At 1 June 2023
10
49,990
50,000



At 31 May 2024
10
49,990
50,000





5.


Debtors

2024
2023
£
£


Prepayments and accrued income
18,281
15,021


Page 3

 
KH-UK INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Taxation and social security
98
97

Accruals and deferred income
2,634
2,496

2,732
2,593



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
63,523
60,919



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 Ordinary share of £1
1
1


 
Page 4