Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-0120falseNo description of principal activity18truetrue 10513876 2024-01-01 2024-12-31 10513876 2023-01-01 2023-12-31 10513876 2024-12-31 10513876 2023-12-31 10513876 1 2024-01-01 2024-12-31 10513876 d:Director1 2024-01-01 2024-12-31 10513876 d:Director2 2024-01-01 2024-12-31 10513876 d:RegisteredOffice 2024-01-01 2024-12-31 10513876 c:CurrentFinancialInstruments 2024-12-31 10513876 c:CurrentFinancialInstruments 2023-12-31 10513876 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 10513876 c:CurrentFinancialInstruments c:WithinOneYear 2023-12-31 10513876 c:ShareCapital 2024-12-31 10513876 c:ShareCapital 2023-12-31 10513876 c:RetainedEarningsAccumulatedLosses 2024-12-31 10513876 c:RetainedEarningsAccumulatedLosses 2023-12-31 10513876 d:FRS102 2024-01-01 2024-12-31 10513876 d:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10513876 d:FullAccounts 2024-01-01 2024-12-31 10513876 d:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10513876 2 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 10513876 (England and Wales)














33FLOORS LTD
UNAUDITED

 
DIRECTORS' REPORT AND FINANCIAL STATEMENTS

 
FOR THE YEAR ENDED 31 DECEMBER 2024


 
33FLOORS LTD
 

 
COMPANY INFORMATION


Directors
D C Burberry 
T L Kikaj 




Registered number
10513876



Registered office
Birchin Court
5th Floor

19-25 Birchin Lane

London

United Kingdom

EC3V 9DU




Accountants
ZEDRA Corporate Reporting Services (UK) Limited






 
33FLOORS LTD
 


CONTENTS



Page
Balance Sheet
 
1 - 2
Notes to the Financial Statements
 
3 - 6



 
33FLOORS LTD
REGISTERED NUMBER:10513876


BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
199,328
229,229

Bank and cash balances
  
161,178
418,219

  
360,506
647,448

Creditors: amounts falling due within one year
 4 
(1,103,267)
(868,020)

Net current liabilities
  
 
 
(742,761)
 
 
(220,572)

Total assets less current liabilities
  
(742,761)
(220,572)

  

Net liabilities
  
(742,761)
(220,572)

Page 1


 
33FLOORS LTD
REGISTERED NUMBER:10513876

    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(742,762)
(220,573)

  
(742,761)
(220,572)


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 year 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 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 by: 



D C Burberry
Director

Date: 9 June 2025

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

Page 2


 
33FLOORS LTD
 

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

1.Accounting policies

 
1.1

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
1.2

Going concern

The directors continue to prepare the financial statements on the going concern basis as the parent company, 33Floors LLC, has provided written confirmation of its intention to continue supporting the Company for a period of at least 12 months from the date of signing these financial statements.

 
1.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

Page 3


 
33FLOORS LTD
 

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

1.Accounting policies (continued)

 
1.4

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 translated using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss.

 
1.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

  
1.6

Management fees

Labour costs and other costs incurred in the performance of UK sales contracts are recharged from the parent company via a management charge. 

 
1.7

Interest income

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

 
1.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4


 
33FLOORS LTD
 

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

1.Accounting policies (continued)

 
1.9

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.

 
1.10

Debtors

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

 
1.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions.

  
1.12

Creditors

Short-term creditors are measured at the transaction price. Amounts owed to group undertakings are intercompany loans measured at cost. These loans are unsecured, interest free and repayable on demand.


2.


Employees

The average monthly number of employees during the year was 18 (2023 - 20).


3.


Debtors

2024
2023
£
£


Trade debtors
71,803
78,588

Other debtors
13,990
13,990

Prepayments and accrued income
113,535
136,651

199,328
229,229


Page 5


 
33FLOORS LTD
 

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

4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,336
1,314

Amounts owed to group undertakings
1,022,751
770,517

Other taxation and social security
38,704
62,649

Other creditors
9,567
12,097

Accruals and deferred income
19,909
21,443

1,103,267
868,020



5.


Financial commitments

At the end of the reporting period, the total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet was £41,970 (2023: £41,970).


6.


Controlling party

33Floors LLC is the parent of the smallest group for which consolidated financial statements are drawn up of which the Company is a member. The registered office of the parent company is 548 Market St. #3300, San Francisco, CA 94104.


7.


Post balance sheet events

There were no adjusting or non-adjusting events occurring between the end of the reporting period and the date these financial statements were approved. 

Page 6