Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312023-06-010false0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11734062 2023-06-01 2024-05-31 11734062 2022-06-01 2023-05-31 11734062 2024-05-31 11734062 2023-05-31 11734062 c:Director3 2023-06-01 2024-05-31 11734062 d:CurrentFinancialInstruments 2024-05-31 11734062 d:CurrentFinancialInstruments 2023-05-31 11734062 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11734062 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11734062 d:ShareCapital 2024-05-31 11734062 d:ShareCapital 2023-05-31 11734062 d:RetainedEarningsAccumulatedLosses 2024-05-31 11734062 d:RetainedEarningsAccumulatedLosses 2023-05-31 11734062 c:OrdinaryShareClass1 2023-06-01 2024-05-31 11734062 c:OrdinaryShareClass1 2024-05-31 11734062 c:OrdinaryShareClass1 2023-05-31 11734062 c:OrdinaryShareClass2 2023-06-01 2024-05-31 11734062 c:OrdinaryShareClass2 2024-05-31 11734062 c:OrdinaryShareClass2 2023-05-31 11734062 c:FRS102 2023-06-01 2024-05-31 11734062 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11734062 c:FullAccounts 2023-06-01 2024-05-31 11734062 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11734062 2 2023-06-01 2024-05-31 11734062 6 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11734062









AREM GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
AREM GROUP LIMITED
REGISTERED NUMBER: 11734062

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Investments
 4 
261
261

  
261
261

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
231,757
113,932

Cash at bank and in hand
  
664,295
374,533

  
896,052
488,465

Creditors: amounts falling due within one year
 6 
(90,286)
(117,110)

NET CURRENT ASSETS
  
 
 
805,766
 
 
371,355

NET ASSETS
  
806,027
371,616


CAPITAL AND RESERVES
  

Called up share capital 
 7 
306
306

Profit and loss account
  
805,721
371,310

  
806,027
371,616


Page 1

 
AREM GROUP LIMITED
REGISTERED NUMBER: 11734062
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 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: 




F C Cawley
Director

Date: 24 March 2025

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

Page 2

 
AREM GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


GENERAL INFORMATION

AREM Group Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is One St Peter's Square, Manchester, M2 3DE.
Its principal trading address is Unit 3, Landwades Business Park, Kennett, Newmarket, Suffolk, CB8 7PN.
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 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.

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 subsidiaries are measured at cost less accumulated impairment.

 
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.

Page 3

 
AREM GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 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.

 
2.8

DIVIDENDS

Equity dividends are recognised when they become legally payable.


3.


EMPLOYEES

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


4.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST


At 1 June 2023
261



At 31 May 2024
261





5.


DEBTORS

2024
2023
£
£

Amounts owed by group and related undertakings
231,757
97,865

Other debtors
-
16,067

231,757
113,932


Page 4

 
AREM GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Amounts owed to group and related undertakings
80,270
100,734

Corporation tax
529
-

Other creditors
7,237
14,276

Accruals and deferred income
2,250
2,100

90,286
117,110



7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



30,000 (2023 - 30,000) Ordinary A shares of £0.01 each
300
300
6 (2023 - 6) Ordinary B shares of £1.00 each
6
6

306

306


Page 5