Caseware UK (AP4) 2023.0.135 2023.0.135 false0No description of principal activityfalsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-08-010 09684583 2023-08-01 2024-07-31 09684583 2022-08-01 2023-07-31 09684583 2024-07-31 09684583 2023-07-31 09684583 c:Director1 2023-08-01 2024-07-31 09684583 d:CurrentFinancialInstruments 2024-07-31 09684583 d:CurrentFinancialInstruments 2023-07-31 09684583 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 09684583 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09684583 d:ShareCapital 2024-07-31 09684583 d:ShareCapital 2023-07-31 09684583 d:RetainedEarningsAccumulatedLosses 2024-07-31 09684583 d:RetainedEarningsAccumulatedLosses 2023-07-31 09684583 c:FRS102 2023-08-01 2024-07-31 09684583 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09684583 c:FullAccounts 2023-08-01 2024-07-31 09684583 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09684583 6 2023-08-01 2024-07-31 09684583 1 2024-07-31 09684583 1 2023-07-31 09684583 f:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure


















Eider Limited























Unaudited

Financial statements



For the year ended 31 July 2024



Registered number: 09684583

 
Eider Limited - Registered number:09684583



Statement of financial position
As at 31 July 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
3,026,337
2,900,660

  
3,026,337
2,900,660

Current assets
  

Debtors: amounts falling due within one year
 5 
60,638
60,614

Cash at bank and in hand
  
132,694
39,659

  
193,332
100,273

Creditors: amounts falling due within one year
 6 
(1,695,285)
(1,726,469)

Net current liabilities
  
 
 
(1,501,953)
 
 
(1,626,196)

Total assets less current liabilities
  
1,524,384
1,274,464

  

Net assets
  
1,524,384
1,274,464


Capital and reserves
  

Share capital
  
10,000
10,000

Profit and loss account
  
1,514,384
1,264,464

  
1,524,384
1,274,464


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 her 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 director: 



N I Bjornberg-Zweifel
Director
Page 1

 
Eider Limited - Registered number:09684583



Statement of financial position (continued)
As at 31 July 2024


Date: 26 April 2025

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

Page 2

 
Eider Limited
 
 

Notes to the financial statements
For the year ended 31 July 2024

1.


General information

Eider Limited is a private UK company limited by shares and is registered in England and Wales. The company registration number is 09684583 and the registered office is 130 Wood Street, London, EC2V 6DL. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with
Financial Reporting Standard 102 Section 1A, The Financial Reporting Standard applicable in the UK and
Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain
critical accounting estimates. It also requires management to exercise judgement in applying the company's
accounting policies.
The following principal accounting policies have been applied:

 
2.2

Going concern

The company has sufficient liquid resources to continue as a going concern for the foreseeable future and the director believes that the company will be able to meet its liabilities as they fall due for at least twelve
months from the date of approval of these financial statements..

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP (£).

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
Eider Limited
 


Notes to the financial statements
For the year ended 31 July 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the statement of financial position, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
2.6

Valuation of investments

Investments in listed company shares are remeasured to market value at each statement of financial position date. Gains and losses on remeasurement are recognised in profit or loss for the year.

 
2.7

Debtors

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

 
2.8

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
 
 
2.9

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


Page 4

 
Eider Limited
 
 

Notes to the financial statements
For the year ended 31 July 2024

3.


Employees




The average monthly number of employees during the year was 0 (2023 - 0).


4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 August 2023
2,900,660


Additions
718,028


Disposals
(773,739)


Revaluations
181,388



At 31 July 2024
3,026,337






Net book value



At 31 July 2024
3,026,337



At 31 July 2023
2,900,660


5.


Debtors

2024
2023
£
£


Prepayments
301
277

Deferred taxation
60,337
60,337

60,638
60,614


Page 5

 
Eider Limited
 
 

Notes to the financial statements
For the year ended 31 July 2024

6.


Creditors: amounts falling due within one year

2024
2023
£
£

Other loans
1,684,665
1,716,178

Trade creditors
480
631

Accruals
10,140
9,660

1,695,285
1,726,469



7.


Related party transactions

During the year, a shareholder continued to provide a loan to the company of €2,000,000, which was revalued at the year end exchange rate to £1,684,665 (2021: £1,716,178with the difference taken to the statement of profit or loss. The loan has an interest rate of 0% per annum. 


Page 6