Caseware UK (AP4) 2023.0.135 2023.0.135 falseNo description of principal activitytrue2023-03-010The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0falsefalse 13433446 2023-03-01 2024-02-29 13433446 2022-03-01 2023-02-28 13433446 2024-02-29 13433446 2023-02-28 13433446 c:Director2 2023-03-01 2024-02-29 13433446 d:CurrentFinancialInstruments 2024-02-29 13433446 d:CurrentFinancialInstruments 2023-02-28 13433446 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13433446 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13433446 d:ShareCapital 2024-02-29 13433446 d:ShareCapital 2023-02-28 13433446 d:RetainedEarningsAccumulatedLosses 2024-02-29 13433446 d:RetainedEarningsAccumulatedLosses 2023-02-28 13433446 c:FRS102 2023-03-01 2024-02-29 13433446 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13433446 c:FullAccounts 2023-03-01 2024-02-29 13433446 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13433446 6 2023-03-01 2024-02-29 13433446 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number: 13433446










SERENHOLD LIMITED








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 29 February 2024

 
SERENHOLD LIMITED
Registered number: 13433446

Balance Sheet
As at 29 February 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
1,365,381
1,365,381

  
1,365,381
1,365,381

Current assets
  

Debtors: amounts falling due within one year
 4 
1,917,222
2,247,012

  
1,917,222
2,247,012

Creditors: amounts falling due within one year
 5 
(1,513)
(1,513)

Net current assets
  
 
 
1,915,709
 
 
2,245,499

Total assets less current liabilities
  
3,281,090
3,610,880

  

Net assets
  
3,281,090
3,610,880


Capital and reserves
  

Called up share capital 
  
4,025
4,025

Profit and loss account
  
3,277,065
3,606,855

  
3,281,090
3,610,880


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 27 February 2025.




S G Maguinness
Director

Page 1

 
SERENHOLD LIMITED
 

 
Notes to the Financial Statements
For the Year Ended 29 February 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

Serenhold Limited is a private company, limited by shares, registered in England and Wales, registration number 13433446. The registered office is 1st Floor, Goodlands House, St. Lukes Close, Hedge End, Southampton, SO30 2US.
The presentation and functional currency is Pounds Sterling and the financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:

 
1.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
1.3

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.

 
1.4

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.

 
1.5

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.


2.


Employees




The average monthly number of employees, including directors, during the year was 0 (2023 - 0).

Page 2

 
SERENHOLD LIMITED
 

 
Notes to the Financial Statements
For the Year Ended 29 February 2024

3.


Fixed asset investments








Investments in subsidiary companies

£



Cost


At 1 March 2023
1,365,381



At 29 February 2024
1,365,381





4.


Debtors

29 February
28 February
2024
2023
£
£


Amounts owed by group undertakings
2,649
4,449

Other debtors
1,914,573
2,242,563

1,917,222
2,247,012



5.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Accruals and deferred income
1,513
1,513

1,513
1,513



6.


Related party transactions

Loans to companies within which shareholders have an interest
Loans of £nil (2023: £1,947,000) were paid out during the year. An additional £nil (2023: £476,573) of loans were transferred into the company from its subsidiary company during the year. £327,990 (2023: £181,010) of the loan balances have been cleared by dividend, resulting in total loan debtors of £1,914,573 (2023: £2,242,563). No interest has accrued on these balances.
Dividends were paid to the director of £nil (2023: £19,000) as well as £nil (2023: £30,000) to the director's spouse.

Page 3

 
SERENHOLD LIMITED
 

 
Notes to the Financial Statements
For the Year Ended 29 February 2024

7.


Controlling party

The shareholders of Serenhold Limited are the ultimate controlling party.


Page 4