Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-3102023-08-01falseNo description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14440461 2023-08-01 2024-07-31 14440461 2022-10-25 2023-07-31 14440461 2024-07-31 14440461 2023-07-31 14440461 c:Director1 2023-08-01 2024-07-31 14440461 d:PatentsTrademarksLicencesConcessionsSimilar 2024-07-31 14440461 d:PatentsTrademarksLicencesConcessionsSimilar 2023-07-31 14440461 d:CurrentFinancialInstruments 2024-07-31 14440461 d:CurrentFinancialInstruments 2023-07-31 14440461 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 14440461 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14440461 d:ShareCapital 2024-07-31 14440461 d:ShareCapital 2023-07-31 14440461 d:RetainedEarningsAccumulatedLosses 2024-07-31 14440461 d:RetainedEarningsAccumulatedLosses 2023-07-31 14440461 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-07-31 14440461 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-07-31 14440461 c:OrdinaryShareClass1 2023-08-01 2024-07-31 14440461 c:OrdinaryShareClass1 2024-07-31 14440461 c:OrdinaryShareClass1 2023-07-31 14440461 c:OrdinaryShareClass2 2023-08-01 2024-07-31 14440461 c:OrdinaryShareClass2 2024-07-31 14440461 c:FRS102 2023-08-01 2024-07-31 14440461 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 14440461 c:FullAccounts 2023-08-01 2024-07-31 14440461 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14440461 d:PatentsTrademarksLicencesConcessionsSimilar d:ExternallyAcquiredIntangibleAssets 2023-08-01 2024-07-31 14440461 6 2023-08-01 2024-07-31 14440461 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-08-01 2024-07-31 14440461 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14440461









THE GENERAL COMPANY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
THE GENERAL COMPANY LIMITED
REGISTERED NUMBER: 14440461

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
16,523
-

Investments
 5 
50
25

  
16,573
25

Current assets
  

Debtors: amounts falling due within one year
 6 
12,711
2,357

Cash at bank and in hand
 7 
100
100

  
12,811
2,457

Creditors: amounts falling due within one year
 8 
(29,284)
(1,200)

Net current (liabilities)/assets
  
 
 
(16,473)
 
 
1,257

Total assets less current liabilities
  
100
1,282

  

Net assets
  
100
1,282


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
-
1,182

  
100
1,282


Page 1

 
THE GENERAL COMPANY LIMITED
REGISTERED NUMBER: 14440461
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

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 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 on 15 April 2025.




................................................
Max Halley
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

The General Company Limited is a private company limited by shares, incorporated in England and Wales. The principal activity throughout the year was that of a holding 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 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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
2.7

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

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

3.


Employees




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




4.


Intangible assets




Patents

£



Cost


Additions
17,672



At 31 July 2024

17,672



Amortisation


Charge for the year on owned assets
1,149



At 31 July 2024

1,149



Net book value



At 31 July 2024
16,523



At 31 July 2023
-



Page 4

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2023
25


Additions
25



At 31 July 2024
50





6.


Debtors

2024
2023
£
£


Amounts owed by related companies
12,711
2,357

12,711
2,357


Page 5

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
100
100

100
100



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to related companies
17,672
-

Other creditors
10,352
-

Accruals and deferred income
1,260
1,200

29,284
1,200



9.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
100
100




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.

Page 6

 
THE GENERAL COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



76 (2023 - 100) Ordinary shares of £1 each
76
100
24 (2023 - Nil) Ordinary A shares of £1 each
24
-

100

100

During the year 24 Ordinary £1 shares were converted into £24 Ordinary A £1 shares.



11.


Controlling party

The Company is controlled by the director, Max Halley, by virtue of his shareholding, as described in the director's report.

 
Page 7