Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31false2023-06-01falsefalseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13394910 2023-06-01 2024-05-31 13394910 2022-06-01 2023-05-31 13394910 2024-05-31 13394910 2023-05-31 13394910 c:Director1 2023-06-01 2024-05-31 13394910 d:CurrentFinancialInstruments 2024-05-31 13394910 d:CurrentFinancialInstruments 2023-05-31 13394910 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 13394910 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13394910 d:ShareCapital 2024-05-31 13394910 d:ShareCapital 2023-05-31 13394910 d:RetainedEarningsAccumulatedLosses 2024-05-31 13394910 d:RetainedEarningsAccumulatedLosses 2023-05-31 13394910 c:OrdinaryShareClass1 2023-06-01 2024-05-31 13394910 c:OrdinaryShareClass1 2024-05-31 13394910 c:OrdinaryShareClass1 2023-05-31 13394910 c:OrdinaryShareClass2 2023-06-01 2024-05-31 13394910 c:OrdinaryShareClass2 2024-05-31 13394910 c:OrdinaryShareClass2 2023-05-31 13394910 c:FRS102 2023-06-01 2024-05-31 13394910 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13394910 c:FullAccounts 2023-06-01 2024-05-31 13394910 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13394910 2 2023-06-01 2024-05-31 13394910 6 2023-06-01 2024-05-31 13394910 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13394910









NIN & CHUCH INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
NIN & CHUCH INVESTMENTS LIMITED
REGISTERED NUMBER: 13394910

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
2,209,814
2,825,211

  
2,209,814
2,825,211

Current assets
  

Cash at bank and in hand
 5 
1,218,231
1,273,086

  
1,218,231
1,273,086

Creditors: amounts falling due within one year
 6 
(1,089,307)
(1,090,018)

Net current assets
  
 
 
128,924
 
 
183,068

Total assets less current liabilities
  
2,338,738
3,008,279

  

Net assets
  
2,338,738
3,008,279


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
2,338,736
3,008,277

  
2,338,738
3,008,279


Page 1

 
NIN & CHUCH INVESTMENTS LIMITED
REGISTERED NUMBER: 13394910
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 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 26 February 2025.




R P Laub
Director

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

Page 2

 
NIN & CHUCH INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Nin & Chuch Investments limited is a private company limited by shares and incorporated in England & Wales (registered number: 13394941). Its registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.      

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

The financial statements have been prepared on the going concern basis. The company is dependent on its directors for financial support. The directors will provide adequate finance to enable the company to continue in operational existence for the next 12 months and therefore it is appropriate to prepare the financial statements on the going concern basis.

 
2.3

Interest income

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

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

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.


Page 3

 
NIN & CHUCH INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.7

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.

 
2.8

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 reporting 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 reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.9

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.

 
2.10

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.

 
2.11

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




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
NIN & CHUCH INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Fixed asset investments





Investments in subsidiary companies
Listed investments
Total

£
£
£



Cost or valuation


At 1 June 2023
989,459
1,835,752
2,825,211


Additions
-
643,819
643,819


Disposals
-
(559,942)
(559,942)


Revaluations
-
240,185
240,185


Amounts written off
(939,459)
-
(939,459)



At 31 May 2024
50,000
2,159,814
2,209,814





5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,218,231
1,273,086

1,218,231
1,273,086



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,852
2,560

Other creditors
1,084,455
1,084,458

Accruals and deferred income
3,000
3,000

1,089,307
1,090,018


Page 5

 
NIN & CHUCH INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and partly paid



1 (2023 - 1) Ordinary A share of £1.00
1
1
1 (2023 - 1) Ordinary B share of £1.00
1
1

2

2


 
Page 6