Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31falseNo description of principal activity12023-04-01false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10563133 2023-04-01 2024-03-31 10563133 2022-04-01 2023-03-31 10563133 2024-03-31 10563133 2023-03-31 10563133 c:Director1 2023-04-01 2024-03-31 10563133 d:CurrentFinancialInstruments 2024-03-31 10563133 d:CurrentFinancialInstruments 2023-03-31 10563133 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10563133 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10563133 d:ShareCapital 2024-03-31 10563133 d:ShareCapital 2023-03-31 10563133 d:OtherMiscellaneousReserve 2024-03-31 10563133 d:OtherMiscellaneousReserve 2023-03-31 10563133 d:RetainedEarningsAccumulatedLosses 2024-03-31 10563133 d:RetainedEarningsAccumulatedLosses 2023-03-31 10563133 c:OrdinaryShareClass1 2023-04-01 2024-03-31 10563133 c:OrdinaryShareClass1 2024-03-31 10563133 c:OrdinaryShareClass1 2023-03-31 10563133 c:FRS102 2023-04-01 2024-03-31 10563133 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10563133 c:FullAccounts 2023-04-01 2024-03-31 10563133 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10563133 2 2023-04-01 2024-03-31 10563133 6 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 10563133














ONSLOW INC. LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
ONSLOW INC. LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 4


 
ONSLOW INC. LTD
REGISTERED NUMBER:10563133

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
11,674,211
10,656,937

  
11,674,211
10,656,937

Current assets
  

Debtors: amounts falling due within one year
 5 
1,885
1,322

Bank and cash balances
  
444,911
339,010

  
446,796
340,332

Creditors: amounts falling due within one year
 6 
(9,157,597)
(9,406,383)

Net current liabilities
  
 
 
(8,710,801)
 
 
(9,066,051)

Total assets less current liabilities
  
2,963,410
1,590,886

  

Net assets
  
2,963,410
1,590,886


Capital and reserves
  

Called up share capital 
 7 
100
100

Other reserves
  
2,865,342
1,517,163

Profit and loss account
  
97,968
73,623

  
2,963,410
1,590,886


Page 1

 
ONSLOW INC. LTD
REGISTERED NUMBER:10563133
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 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 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 25 February 2025.




S M Labatt
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
ONSLOW INC. LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Onslow Inc. Ltd is a Limited Company incorporated and domiciled in England & Wales, with its registered office address at 5 Elstree Gate, Elstree Way, Borehamwood, WD6 1JD.  Its principal place of business is at Flat 4, 55 Onslow Gardens, London, SW7 3QF. 
The financial statements are presented in £ sterling, which is the functional currency of the company.
The principal activity of the Company continues to be an investment company. 

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 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:

 
2.2

Interest income

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

 
2.3

Valuation of investments

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.


 
2.4

Financial instruments

The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties. 
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, 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 trade and other debtors, and loans to related parties. 
Interest bearing borrowings, such bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a market rate of interest. Thereafter they are stated at amortised cost using the effective interest method. 
Cash and cash equivalents comprise cash balances and call deposits. 


3.


Employees

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

Page 3

 
ONSLOW INC. LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 April 2023
10,656,937


Additions
1,807,604


Disposals
(2,138,509)


Revaluations
1,348,179



At 31 March 2024
11,674,211





5.


Debtors

2024
2023
£
£


Prepayments and accrued income
1,885
1,322



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
9,152,197
9,402,183

Accruals and deferred income
5,400
4,200

9,157,597
9,406,383



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100


 
Page 4