Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312025-05-15falsetrue1Holding company2023-09-011trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14313305 2023-09-01 2024-08-31 14313305 2022-08-23 2023-08-31 14313305 2024-08-31 14313305 2023-08-31 14313305 c:Director1 2023-09-01 2024-08-31 14313305 d:CurrentFinancialInstruments 2024-08-31 14313305 d:CurrentFinancialInstruments 2023-08-31 14313305 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 14313305 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 14313305 d:ShareCapital 2024-08-31 14313305 d:ShareCapital 2023-08-31 14313305 d:RetainedEarningsAccumulatedLosses 2024-08-31 14313305 d:RetainedEarningsAccumulatedLosses 2023-08-31 14313305 c:FRS102 2023-09-01 2024-08-31 14313305 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 14313305 c:FullAccounts 2023-09-01 2024-08-31 14313305 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14313305 6 2023-09-01 2024-08-31 14313305 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 14313305










EXPRESS SW HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
EXPRESS SW HOLDINGS LIMITED
REGISTERED NUMBER: 14313305

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
222,000
222,000

  
222,000
222,000

Current assets
  

Cash at bank and in hand
 5 
50
50

  
50
50

Creditors: amounts falling due within one year
 6 
(221,368)
(221,927)

Net current liabilities
  
 
 
(221,318)
 
 
(221,877)

Total assets less current liabilities
  
682
123

  

Net assets
  
682
123


Capital and reserves
  

Called up share capital 
  
50
50

Profit and loss account
  
632
73

  
682
123


Page 1

 
EXPRESS SW HOLDINGS LIMITED
REGISTERED NUMBER: 14313305
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 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 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: 

C Pyke
Director

Date: 15 May 2025

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

Page 2

 
EXPRESS SW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Express SW Holdings Limited is a private company, limited by shares and registered in England and Wales. The company's registered office adress is:
Suite 3b Caerphilly Business Park
Van Road
Caerphilly
CF83 3ED

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

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.

 
2.3

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.


Page 3

 
EXPRESS SW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated 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

Financial instruments

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Page 4

 
EXPRESS SW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

  
2.8

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors which are considered to be relevant. Actual results may differ
from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only effects that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
Impairment of assets
Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the income statement.
Provisions and contingencies
Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 September 2023
222,000



At 31 August 2024
222,000




Page 5

 
EXPRESS SW HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
50
50

50
50



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,080
-

Amounts owed to group undertakings
193,577
177,420

Corporation tax
131
257

Other creditors
25,500
43,500

Accruals and deferred income
1,080
750

221,368
221,927


 
Page 6