Caseware UK (AP4) 2024.0.164 2024.0.164 2false2023-07-01No description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05828464 2023-07-01 2024-06-30 05828464 2022-07-01 2023-06-30 05828464 2024-06-30 05828464 2023-06-30 05828464 c:Director1 2023-07-01 2024-06-30 05828464 d:CurrentFinancialInstruments 2024-06-30 05828464 d:CurrentFinancialInstruments 2023-06-30 05828464 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05828464 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05828464 d:ShareCapital 2024-06-30 05828464 d:ShareCapital 2023-06-30 05828464 d:SharePremium 2024-06-30 05828464 d:SharePremium 2023-06-30 05828464 d:RetainedEarningsAccumulatedLosses 2024-06-30 05828464 d:RetainedEarningsAccumulatedLosses 2023-06-30 05828464 c:OrdinaryShareClass1 2023-07-01 2024-06-30 05828464 c:OrdinaryShareClass1 2024-06-30 05828464 c:OrdinaryShareClass1 2023-06-30 05828464 c:FRS102 2023-07-01 2024-06-30 05828464 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 05828464 c:FullAccounts 2023-07-01 2024-06-30 05828464 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05828464 d:Subsidiary1 2023-07-01 2024-06-30 05828464 d:Subsidiary1 1 2023-07-01 2024-06-30 05828464 6 2023-07-01 2024-06-30 05828464 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05828464










Moregold Holdings Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 30 June 2024

 
Moregold Holdings Ltd
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Moregold Holdings Ltd for the year ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Moregold Holdings Ltd for the year ended 30 June 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Moregold Holdings Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Moregold Holdings Ltd and state those matters that we have agreed to state to the Board of directors of Moregold Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Moregold Holdings Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Moregold Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Moregold Holdings Ltd. You consider that Moregold Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Moregold Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
Chartered Accountants
Plus X Innovation Hub
Lewes Road
Brighton
East Sussex
BN2 4GL
24 March 2025
Page 1

 
Moregold Holdings Ltd
Registered number: 05828464

Balance sheet
As at 30 June 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
74,369
74,369

  
74,369
74,369

Current assets
  

Debtors: amounts falling due within one year
 5 
176,631
176,547

  
176,631
176,547

Creditors: amounts falling due within one year
 6 
(756)
(720)

Net current assets
  
 
 
175,875
 
 
175,827

Total assets less current liabilities
  
250,244
250,196

  

Net assets
  
250,244
250,196


Capital and reserves
  

Called up share capital 
 7 
100
100

Share premium account
  
249,692
249,692

Profit and loss account
  
452
404

  
250,244
250,196


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and the member has 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 income and retained earnings 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 Stean
Director
Date: 24 March 2025

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

Page 2

 
Moregold Holdings Ltd
 

 
Notes to the financial statements
For the year ended 30 June 2024

1.


General information

The Company is a private company limited by share capital incorporated in England and Wales. The company registration number is 05828464.
The address of its registered office is:
Plus X Innovation Hub
Lewes Road
Brighton
East Sussex
BN2 4GL

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The accounts are prepared on a going concern basis. 

 
2.4

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

 
2.8

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.

Page 3

 
Moregold Holdings Ltd
 

 
Notes to the financial statements
For the year ended 30 June 2024

3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
74,369



At 30 June 2024
74,369





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Registered office

Class of shares

Holding

Moregold Limited
Plus X Innovation Hub, Lewes Road, Brighton, East Sussex, BN2 4GL
Ordinary
100%


5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
176,631
176,547

176,631
176,547



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
756
720

756
720


Page 4

 
Moregold Holdings Ltd
 

 
Notes to the financial statements
For the year ended 30 June 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



8.


Controlling party

The company is controlled by J Stean by virtue of her majority shareholding.

Page 5