Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-3112023-09-01falseholding company managing investments1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12156922 2023-09-01 2024-08-31 12156922 2022-09-01 2023-08-31 12156922 2024-08-31 12156922 2023-08-31 12156922 c:Director1 2023-09-01 2024-08-31 12156922 d:OfficeEquipment 2023-09-01 2024-08-31 12156922 d:OfficeEquipment 2024-08-31 12156922 d:OfficeEquipment 2023-08-31 12156922 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 12156922 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-08-31 12156922 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-31 12156922 d:CurrentFinancialInstruments 2024-08-31 12156922 d:CurrentFinancialInstruments 2023-08-31 12156922 d:Non-currentFinancialInstruments 2024-08-31 12156922 d:Non-currentFinancialInstruments 2023-08-31 12156922 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 12156922 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12156922 d:ShareCapital 2024-08-31 12156922 d:ShareCapital 2023-08-31 12156922 d:SharePremium 2024-08-31 12156922 d:SharePremium 2023-08-31 12156922 d:RetainedEarningsAccumulatedLosses 2024-08-31 12156922 d:RetainedEarningsAccumulatedLosses 2023-08-31 12156922 c:FRS102 2023-09-01 2024-08-31 12156922 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12156922 c:FullAccounts 2023-09-01 2024-08-31 12156922 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12156922 d:CopyrightsPatentsTrademarksServiceOperatingRights d:ExternallyAcquiredIntangibleAssets 2023-09-01 2024-08-31 12156922 2 2023-09-01 2024-08-31 12156922 6 2023-09-01 2024-08-31 12156922 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2023-09-01 2024-08-31 12156922 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 12156922










APH INVESTMENT HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
APH INVESTMENT HOLDINGS LIMITED
REGISTERED NUMBER: 12156922

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,856
1,762

Tangible assets
 5 
525
700

Investments
 6 
47,700
53,019

  
50,081
55,481

Current assets
  

Debtors
 7 
99,900
239,901

Cash at bank and in hand
 8 
150,925
4,893

  
250,825
244,794

Creditors: amounts falling due within one year
 9 
(2,910)
(2,910)

Net current assets
  
 
 
247,915
 
 
241,884

Total assets less current liabilities
  
297,996
297,365

  

Net assets
  
297,996
297,365


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
28,720
28,720

Profit and loss account
  
269,176
268,545

  
297,996
297,365


Page 1

 
APH INVESTMENT HOLDINGS LIMITED
REGISTERED NUMBER: 12156922
    
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 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 income and retained earnings 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: 




A P Hook
Director

Date: 7 November 2024

The notes on pages 3 to 9 form part of these financial statements.
Page 2

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

APH Investment Holdings Limited is a private company limited by shares and incorporated in England and Wales (12156922). The registered office address is 52 New Town, Uckfield, East Sussex, TN22 5DE.

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

Interest income

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

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

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

Page 3

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.7

Creditors

Short-term creditors are measured at the transaction price. 

 
2.8

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.

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

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.
 
Page 4

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)


Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




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

Page 5

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Intangible assets




Trademarks

£



Cost


At 1 September 2023
1,958


Additions
300



At 31 August 2024

2,258



Amortisation


At 1 September 2023
196


Charge for the year on owned assets
206



At 31 August 2024

402



Net book value



At 31 August 2024
1,856



At 31 August 2023
1,762



Page 6

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Office equipment

£



Cost


At 1 September 2023
764



At 31 August 2024

764



Depreciation


At 1 September 2023
64


Charge for the year on owned assets
175



At 31 August 2024

239



Net book value



At 31 August 2024
525



At 31 August 2023
700

Page 7

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 September 2023
53,019



At 31 August 2024

53,019



Impairment


Charge for the period
5,319



At 31 August 2024

5,319



Net book value



At 31 August 2024
47,700



At 31 August 2023
53,019

Page 8

 
APH INVESTMENT HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


Debtors


2024
2023
£
£

Due after more than one year

Amounts owed by group undertakings
45,899
45,899

Due within one year

Amounts owed by group undertakings
54,000
194,001

Called up share capital not paid
1
1

99,900
239,901



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
150,925
4,893



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
2,910
2,910

2,910
2,910


 
Page 9