Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-3100falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.trueinvestment management2023-04-01false 06962262 2023-04-01 2024-03-31 06962262 2022-04-01 2023-03-31 06962262 2024-03-31 06962262 2023-03-31 06962262 c:Director1 2023-04-01 2024-03-31 06962262 d:CurrentFinancialInstruments 2024-03-31 06962262 d:CurrentFinancialInstruments 2023-03-31 06962262 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06962262 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06962262 d:ShareCapital 2024-03-31 06962262 d:ShareCapital 2023-03-31 06962262 d:RetainedEarningsAccumulatedLosses 2024-03-31 06962262 d:RetainedEarningsAccumulatedLosses 2023-03-31 06962262 c:OrdinaryShareClass1 2023-04-01 2024-03-31 06962262 c:OrdinaryShareClass1 2024-03-31 06962262 c:OrdinaryShareClass1 2023-03-31 06962262 c:FRS102 2023-04-01 2024-03-31 06962262 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06962262 c:FullAccounts 2023-04-01 2024-03-31 06962262 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06962262 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure


Registered number: 06962262












ESCHLER CAPITAL MANAGEMENT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


 
REGISTERED NUMBER:06962262
ESCHLER CAPITAL MANAGEMENT LTD

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,260
41,867

Cash at bank and in hand
  
168
442

  
1,428
42,309

Creditors: amounts falling due within one year
 5 
(3,865)
(3,574)

Net current (liabilities)/assets
  
 
 
(2,437)
 
 
38,735

Total assets less current liabilities
  
(2,437)
38,735

  

Net (liabilities)/assets
  
(2,437)
38,735


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(2,438)
38,734

  
(2,437)
38,735


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 comprehensive income 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 2 June 2025.




T de Ris
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 

ESCHLER CAPITAL MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Eschler Capital Management Limited (company number: 06962262) is a private company limited by shares and registered in England. The address of the registered office is  9 Argyll Street, 6th Floor, London, United Kingdom, W1F 7TG. The principal activity of the company during the year was that of investment management.

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 director does not consider there to be any key accounting estimates or assumptions made that have a significant risk of causing material adjustment to the carrying amount of assets and liabilities with the next financial year. Due to the straight-forward nature of the business, the director considers that no critical judgements have been made in appluing the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

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.

 
2.4

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 2

 

ESCHLER CAPITAL MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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.


3.


Employees




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

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


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
1,260
1,258

Other debtors
-
40,609

1,260
41,867



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
609

Other creditors
1,765
865

Accruals and deferred income
2,100
2,100

3,865
3,574



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


Page 3

 

ESCHLER CAPITAL MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Controlling party

The ultimate controlling party is T de Ris.

Page 4