Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12117683 2023-01-01 2023-12-31 12117683 2022-01-01 2022-12-31 12117683 2023-12-31 12117683 2022-12-31 12117683 c:Director1 2023-01-01 2023-12-31 12117683 d:CurrentFinancialInstruments 2023-12-31 12117683 d:CurrentFinancialInstruments 2022-12-31 12117683 d:Non-currentFinancialInstruments 2023-12-31 12117683 d:Non-currentFinancialInstruments 2022-12-31 12117683 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12117683 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12117683 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 12117683 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 12117683 d:ShareCapital 2023-12-31 12117683 d:ShareCapital 2022-12-31 12117683 d:RetainedEarningsAccumulatedLosses 2023-12-31 12117683 d:RetainedEarningsAccumulatedLosses 2022-12-31 12117683 c:OrdinaryShareClass1 2023-01-01 2023-12-31 12117683 c:OrdinaryShareClass1 2023-12-31 12117683 c:OrdinaryShareClass1 2022-12-31 12117683 c:FRS102 2023-01-01 2023-12-31 12117683 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12117683 c:FullAccounts 2023-01-01 2023-12-31 12117683 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12117683 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12117683









TAB LONDON BOND LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TAB LONDON BOND LIMITED
REGISTERED NUMBER: 12117683

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
18,577,234
12,597,107

Cash at bank and in hand
 5 
292,307
34,748

  
18,869,541
12,631,855

Creditors: amounts falling due within one year
 6 
(44,723)
(43,364)

Net current assets
  
 
 
18,824,818
 
 
12,588,491

Total assets less current liabilities
  
18,824,818
12,588,491

Creditors: amounts falling due after more than one year
 7 
(18,845,556)
(12,598,317)

  

Net liabilities
  
(20,738)
(9,826)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(20,739)
(9,827)

  
(20,738)
(9,826)


Page 1

 
TAB LONDON BOND LIMITED
REGISTERED NUMBER: 12117683
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 his 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: 




D Kreeger
Director

Date: 11 March 2025

Page 2

 
TAB LONDON BOND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Tab London Bond Limited is a private company limited by shares and is incorporated in England and Wales. Its registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH (Registered number 12117683).

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

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. Given that the company is in a net deficit position the director has obtained assurances from its immediate and ultimate parent company to continue to provide adequate funds to meets its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.  

 
2.3

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.

Page 3

 
TAB LONDON BOND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

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 balance sheet date in the countries where the Company operates and generates income.


 
2.5

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.

 
2.6

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.

 
2.7

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.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
182,941
125,839

Other debtors
17,885,935
11,821,468

Prepayments and accrued income
508,358
649,800

18,577,234
12,597,107


Page 4

 
TAB LONDON BOND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
292,307
34,748

Less: bank overdrafts
-
(19,179)

292,307
15,569



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
-
19,179

Amounts owed to group undertakings
17,919
16,941

Other creditors
23,984
5,744

Accruals and deferred income
2,820
1,500

44,723
43,364



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
23,556
34,317

Other creditors
18,822,000
12,564,000

18,845,556
12,598,317



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £0.01 each
1
1


 
Page 5