Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-302023-11-28truetruefalse2No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15307619 2023-11-27 15307619 2023-11-28 2024-06-30 15307619 2022-07-01 2023-11-27 15307619 2024-06-30 15307619 c:Director2 2023-11-28 2024-06-30 15307619 d:CurrentFinancialInstruments 2024-06-30 15307619 d:ShareCapital 2023-11-28 2024-06-30 15307619 d:ShareCapital 2024-06-30 15307619 d:SharePremium 2023-11-28 2024-06-30 15307619 d:SharePremium 2024-06-30 15307619 d:RetainedEarningsAccumulatedLosses 2023-11-28 2024-06-30 15307619 d:RetainedEarningsAccumulatedLosses 2024-06-30 15307619 c:OrdinaryShareClass1 2023-11-28 2024-06-30 15307619 c:OrdinaryShareClass1 2024-06-30 15307619 c:FRS102 2023-11-28 2024-06-30 15307619 c:AuditExempt-NoAccountantsReport 2023-11-28 2024-06-30 15307619 c:FullAccounts 2023-11-28 2024-06-30 15307619 c:PrivateLimitedCompanyLtd 2023-11-28 2024-06-30 15307619 6 2023-11-28 2024-06-30 15307619 e:PoundSterling 2023-11-28 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15307619









MARKET DRIVEN INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
MARKET DRIVEN INVESTMENTS LIMITED
REGISTERED NUMBER: 15307619

BALANCE SHEET
AS AT 30 JUNE 2024

2024
Note
£

Fixed assets
  

Investments
  
3,200,004

  
3,200,004

Current assets
  

Debtors: amounts falling due within one year
  
18,350

  
18,350

Total assets less current liabilities
  
 
 
3,218,354

  

Net assets
  
3,218,354


Capital and reserves
  

Called up share capital 
  
100

Share premium account
  
3,199,900

Profit and loss account
  
18,354

  
3,218,354


The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 14 March 2025.




Sarbjit Singh Johal
Director

The notes on pages 4 to 6 form part of these financial statements.
Page 1

 
MARKET DRIVEN INVESTMENTS LIMITED
REGISTERED NUMBER: 15307619
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024


Page 2

 
MARKET DRIVEN INVESTMENTS LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2024


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


Comprehensive income for the period

Profit for the period

-
-
18,354
18,354


Other comprehensive income for the period
-
-
-
-


Total comprehensive income for the period
-
-
18,354
18,354


Contributions by and distributions to owners

Shares issued during the period
102
3,273,246
-
3,273,348

Shares redeemed during the period
-
(73,346)
-
(73,346)

Shares cancelled during the period
(2)
-
-
(2)


Total transactions with owners
100
3,199,900
-
3,200,000


At 30 June 2024
100
3,199,900
18,354
3,218,354

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
MARKET DRIVEN INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

The Company is a private company, limited by shares, registered in England and Wales, registration number 15307619. The registered office is 25 Carisbrooke Road, Edgbaston, Birmingham, West Midlands, B17 8NN.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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.

Page 4

 
MARKET DRIVEN INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees




The average monthly number of employees, including the directors, during the period was as follows:


        2024
            No.






Directors
2


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
3,273,352


Disposals
(73,348)



At 30 June 2024
3,200,004





5.


Debtors

2024
£


Amounts owed by group undertakings
18,350

18,350



6.


Share capital

2024
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On incorporation the company issued 1 £1 ordinary share.
On 14 December 2023 the company issued a further 99 shares with a nominal value of £32,323.23.

Page 5

 
MARKET DRIVEN INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

7.


Reserves

Share premium account

Share premium reserves relate to share premium issued upon the purchase of shares and is not considered distributable.

Profit and loss account

The profit and loss reserve represents accumulated comprehensive income for the year less dividends paid. The profit and loss reserve is considered distributable.

Page 6