Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-302025-05-022023-12-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity00truefalse 13020531 2023-12-01 2024-11-30 13020531 2022-12-01 2023-11-30 13020531 2024-11-30 13020531 2023-11-30 13020531 c:Director1 2023-12-01 2024-11-30 13020531 d:FreeholdInvestmentProperty 2024-11-30 13020531 d:FreeholdInvestmentProperty 2023-11-30 13020531 d:CurrentFinancialInstruments 2024-11-30 13020531 d:CurrentFinancialInstruments 2023-11-30 13020531 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 13020531 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13020531 d:ShareCapital 2024-11-30 13020531 d:ShareCapital 2023-11-30 13020531 d:RetainedEarningsAccumulatedLosses 2024-11-30 13020531 d:RetainedEarningsAccumulatedLosses 2023-11-30 13020531 c:FRS102 2023-12-01 2024-11-30 13020531 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13020531 c:FullAccounts 2023-12-01 2024-11-30 13020531 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13020531 2 2023-12-01 2024-11-30 13020531 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 13020531










SB HOLDING INTERNATIONAL LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
SB HOLDING INTERNATIONAL LTD
REGISTERED NUMBER: 13020531

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
1,410,513
1,410,513

  
1,410,513
1,410,513

Current assets
  

Debtors: amounts falling due within one year
 5 
25,120
14,067

Cash at bank and in hand
 6 
81,710
78,308

  
106,830
92,375

Creditors: amounts falling due within one year
 7 
(1,200,622)
(1,261,855)

Net current liabilities
  
 
 
(1,093,792)
 
 
(1,169,480)

Total assets less current liabilities
  
316,721
241,033

  

Net assets
  
316,721
241,033


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
316,621
240,933

  
316,721
241,033


Page 1

 
SB HOLDING INTERNATIONAL LTD
REGISTERED NUMBER: 13020531
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 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 profit and loss account 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: 




Dominika Bienkowska
Director

Date: 2 May 2025

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

Page 2

 
SB HOLDING INTERNATIONAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

SB Holding International Ltd is a private limited company, limited by shares, incorporated in England and Wales, with its registered office at The Stables, Lincoln Hill, Ironbridge, Shropshire TF8 7NX.

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

Going concern

These accounts have been prepared on a going concern basis on the understanding that the director will continue to support the company.

 
2.3

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, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
SB HOLDING INTERNATIONAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.6

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.


 
2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

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.

 
2.9

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.

 
2.10

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.

Page 4

 
SB HOLDING INTERNATIONAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees




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

Page 5

 
SB HOLDING INTERNATIONAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 December 2023
1,410,513



At 30 November 2024
1,410,513

The 2024 valuations were made by the director, on an open market value for existing use basis.



At 30 November 2024




Page 6

 
SB HOLDING INTERNATIONAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
14,067

Prepayments and accrued income
25,120
-

25,120
14,067



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
81,710
78,308

81,710
78,308



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
360
180

Other taxation and social security
35,626
36,436

Other creditors
1,151,319
1,223,869

Accruals and deferred income
13,317
1,370

1,200,622
1,261,855


 
Page 7