Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2023-04-01No description of principal activity33truetrue 13514728 2023-04-01 2024-03-31 13514728 2022-04-01 2023-03-31 13514728 2024-03-31 13514728 2023-03-31 13514728 c:Director1 2023-04-01 2024-03-31 13514728 d:CurrentFinancialInstruments 2024-03-31 13514728 d:CurrentFinancialInstruments 2023-03-31 13514728 d:Non-currentFinancialInstruments 2024-03-31 13514728 d:Non-currentFinancialInstruments 2023-03-31 13514728 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13514728 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13514728 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13514728 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13514728 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 13514728 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 13514728 d:ShareCapital 2024-03-31 13514728 d:ShareCapital 2023-03-31 13514728 d:RetainedEarningsAccumulatedLosses 2024-03-31 13514728 d:RetainedEarningsAccumulatedLosses 2023-03-31 13514728 c:EntityHasNeverTraded 2023-04-01 2024-03-31 13514728 c:FRS102 2023-04-01 2024-03-31 13514728 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13514728 c:FullAccounts 2023-04-01 2024-03-31 13514728 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13514728 2 2023-04-01 2024-03-31 13514728 6 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13514728









MELYORK WEST HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MELYORK WEST HOLDINGS LIMITED
REGISTERED NUMBER: 13514728

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
300
300

  
300
300

Current assets
  

Debtors: amounts falling due within one year
 4 
5,923,433
5,383,433

  
5,923,433
5,383,433

Creditors: amounts falling due within one year
 5 
(1,436,630)
(896,630)

Net current assets
  
 
 
4,486,803
 
 
4,486,803

Total assets less current liabilities
  
4,487,103
4,487,103

Creditors: amounts falling due after more than one year
 6 
(4,500,000)
(4,500,000)

  

Net liabilities
  
(12,897)
(12,897)


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
(13,097)
(13,097)

  
(12,897)
(12,897)


Page 1

 
MELYORK WEST HOLDINGS LIMITED
REGISTERED NUMBER: 13514728
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

For the year ended 31 March 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 by: 




J C Burgess
Director

Date: 12 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
MELYORK WEST HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Melyork West Holdings Limited is a private company limited by shares and incorporated in England and Wales (registered number: 13514728).
The registered address of the Company is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The Company's principal activity is that of an investment holding company.
The financial statements are presented in Sterling, which is the functional currency of the 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.

 
2.2

Going concern

At the reporting date, the Company had net liabilities. The Company is dependent on external financial support from the shareholders in order to remain a going concern, and the financial statements do not reflect the impact of the withdrawal of said financial support. 
The shareholders have indicated their intention to continue providing financial support to the Company.
Due to the above factors, the financial statements have been prepared on the going concern basis. The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

 
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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
MELYORK WEST HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

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.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
300



At 31 March 2024
300





4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
4,500,000
4,500,000

Called up share capital not paid
200
200

Prepayments and accrued income
1,423,233
883,233

5,923,433
5,383,433



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
13,397
300

Corporation tax
-
13,098

Accruals and deferred income
1,423,233
883,232

1,436,630
896,630


Page 4

 
MELYORK WEST HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
4,500,000
4,500,000

4,500,000
4,500,000



7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£


Amounts falling due after 1 year

Other loans
4,500,000
4,500,000



4,500,000
4,500,000


The assets of the Company are secured by way of fixed charge and negative pledge.


8.


Related party transactions

As the Company is part of a small group, particulars need not be given of transactions entered into between two or more members of a group, provided that any subsidiary undertaking which is a party to the transaction is wholly-owned by such a member.
Included within creditors is £5,923,233 (2023: £5,383,233) due to the shareholders.
Included within interest payable is £540,000 (2023: £540,000) charged by the shareholders.

 
Page 5