Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activity2falsefalse2023-08-012falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05856760 2023-08-01 2024-07-31 05856760 2022-08-01 2023-07-31 05856760 2024-07-31 05856760 2023-07-31 05856760 c:Director2 2023-08-01 2024-07-31 05856760 d:Goodwill 2024-07-31 05856760 d:Goodwill 2023-07-31 05856760 d:CurrentFinancialInstruments 2024-07-31 05856760 d:CurrentFinancialInstruments 2023-07-31 05856760 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 05856760 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 05856760 d:ShareCapital 2024-07-31 05856760 d:ShareCapital 2023-07-31 05856760 d:RetainedEarningsAccumulatedLosses 2024-07-31 05856760 d:RetainedEarningsAccumulatedLosses 2023-07-31 05856760 c:FRS102 2023-08-01 2024-07-31 05856760 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05856760 c:FullAccounts 2023-08-01 2024-07-31 05856760 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05856760 6 2023-08-01 2024-07-31 05856760 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 05856760









NEWMASS UK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

For the Year Ended 31 July 2024

 
NEWMASS UK LIMITED
Registered number: 05856760

BALANCE SHEET
As at 31 July 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due within one year
 6 
7,716
11,579

Cash at bank and in hand
 7 
55,395
55,395

  
63,111
66,974

Creditors: amounts falling due within one year
 8 
(644)
(3,595)

Net current assets
  
 
 
62,467
 
 
63,379

Total assets less current liabilities
  
62,468
63,380

  

Net assets
  
62,468
63,380


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
62,467
63,379

  
62,468
63,380


Page 1

 
NEWMASS UK LIMITED
Registered number: 05856760
    
BALANCE SHEET (CONTINUED)
As at 31 July 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 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: 





P L Pathak
Director
Date: 7 March 2025

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

Page 2

 
NEWMASS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 July 2024

1.


General information

Newmass UK Limited (company number 05856760) is a private company limited by shares, registered in England and Wales.  Its registered office is at Bushbury House, 435 Wilmslow Road, Withington, Manchester, M20 4AF.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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.

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 3

 
NEWMASS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 July 2024

2.Accounting policies (continued)

 
2.5

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 balance sheet date. Gains and losses on remeasurement are recognised in the statement of income and retained earnings 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 balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

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.

 
2.7

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.

 
2.8

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

 
NEWMASS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 July 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 August 2023
245,293



At 31 July 2024

245,293



Amortisation


At 1 August 2023
245,293



At 31 July 2024

245,293



Net book value



At 31 July 2024
-



At 31 July 2023
-




5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2023
1



At 31 July 2024
1





6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
7,716
11,579

7,716
11,579


Page 5

 
NEWMASS UK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 July 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
55,395
55,395

55,395
55,395



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
3,407

Other creditors
188
188

Accruals and deferred income
456
-

644
3,595



9.


Transactions with directors

Included within creditors due within one year is a loan due to the director in the amount of £187 (2023: £187). The loan is interest free and repayable on demand.

 
Page 6