Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-3002023-07-01falseNo description of principal activity0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07996879 2023-07-01 2024-06-30 07996879 2022-07-01 2023-06-30 07996879 2024-06-30 07996879 2023-06-30 07996879 c:Director1 2023-07-01 2024-06-30 07996879 d:CurrentFinancialInstruments 2024-06-30 07996879 d:CurrentFinancialInstruments 2023-06-30 07996879 d:Non-currentFinancialInstruments 2024-06-30 07996879 d:Non-currentFinancialInstruments 2023-06-30 07996879 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 07996879 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07996879 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 07996879 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 07996879 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 07996879 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 07996879 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 07996879 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 07996879 d:ShareCapital 2024-06-30 07996879 d:ShareCapital 2023-06-30 07996879 d:RetainedEarningsAccumulatedLosses 2024-06-30 07996879 d:RetainedEarningsAccumulatedLosses 2023-06-30 07996879 c:OrdinaryShareClass1 2023-07-01 2024-06-30 07996879 c:OrdinaryShareClass1 2024-06-30 07996879 c:OrdinaryShareClass1 2023-06-30 07996879 c:FRS102 2023-07-01 2024-06-30 07996879 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07996879 c:FullAccounts 2023-07-01 2024-06-30 07996879 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07996879 2 2023-07-01 2024-06-30 07996879 6 2023-07-01 2024-06-30 07996879 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 07996879









2CR LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
2CR LIMITED
REGISTERED NUMBER: 07996879

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2024
2023
2023
Note
£
£
£
£

FIXED ASSETS
  

Investments
 4 
3,734,941
3,730,255

  
3,734,941
3,730,255

CURRENT ASSETS
  

Debtors: amounts falling due after more than one year
 5 
15,468
-

Debtors: amounts falling due within one year
 5 
438,748
274,721

Cash at bank and in hand
  
3,053
7,311

  
457,269
282,032

Creditors: amounts falling due within one year
 6 
(1,319,564)
(1,231,581)

NET CURRENT LIABILITIES
  
 
 
(862,295)
 
 
(949,549)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
2,872,646
2,780,706

Creditors: amounts falling due after more than one year
 7 
(10,833)
(20,833)

  

NET ASSETS
  
2,861,813
2,759,873


CAPITAL AND RESERVES
  

Called up share capital 
 9 
100
100

Profit and loss account
  
2,861,713
2,759,773

  
2,861,813
2,759,873


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.

Page 1

 
2CR LIMITED
REGISTERED NUMBER: 07996879
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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: 




C Holleyoak
Director

Date: 25 March 2025

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

Page 2

 
2CR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


GENERAL INFORMATION

2CR Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The Company's functional and presentational currency is GBP.

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

INTEREST INCOME

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

 
2.3

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.


 
2.4

VALUATION OF INVESTMENTS

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet. 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. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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.

Page 3

 
2CR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
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 Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).


4.


FIXED ASSET INVESTMENTS





Listed investments
Unlisted investments
Total

£
£
£



COST OR VALUATION


At 1 July 2023
32,360
3,697,895
3,730,255


Additions
-
37,046
37,046


Disposals
(32,360)
-
(32,360)



At 30 June 2024
-
3,734,941
3,734,941




Page 4

 
2CR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


DEBTORS

2024
2023
£
£

DUE AFTER MORE THAN ONE YEAR

Other debtors
15,468
-

15,468
-


2024
2023
£
£

DUE WITHIN ONE YEAR

Other debtors
24,039
28,762

Prepayments and accrued income
414,709
245,959

438,748
274,721



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
10,000
10,000

Other creditors
1,211,273
1,160,000

Accruals and deferred income
98,291
61,581

1,319,564
1,231,581



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
10,833
20,833

10,833
20,833


Page 5

 
2CR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


LOANS


Analysis of the maturity of loans is given below:


2024
2023
£
£

AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans
10,000
10,000

AMOUNTS FALLING DUE 1-2 YEARS

Bank loans
10,000
10,000

AMOUNTS FALLING DUE 2-5 YEARS

Bank loans
833
10,833


20,833
30,833



9.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



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


 
Page 6