Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-13falsetruetruetruetruefalse2023-08-18No description of principal activity2true 15081454 2023-08-17 15081454 2023-08-18 2024-12-31 15081454 2022-08-18 2023-08-17 15081454 2024-12-31 15081454 1 2023-08-18 2024-12-31 15081454 d:Director2 2023-08-18 2024-12-31 15081454 c:CurrentFinancialInstruments 2024-12-31 15081454 c:CurrentFinancialInstruments c:WithinOneYear 2024-12-31 15081454 c:ShareCapital 2024-12-31 15081454 c:RetainedEarningsAccumulatedLosses 2024-12-31 15081454 d:OrdinaryShareClass1 2023-08-18 2024-12-31 15081454 d:OrdinaryShareClass1 2024-12-31 15081454 d:FRS101 2023-08-18 2024-12-31 15081454 d:AuditExempt-NoAccountantsReport 2023-08-18 2024-12-31 15081454 d:FullAccounts 2023-08-18 2024-12-31 15081454 d:PrivateLimitedCompanyLtd 2023-08-18 2024-12-31 15081454 c:FinancialInstrumentsFairValueThroughProfitOrLoss 2023-08-18 2024-12-31 15081454 c:FinancialLiabilitiesAmortisedCost 2023-08-18 2024-12-31 15081454 c:FinancialInstrumentsDesignatedFairValueThroughProfitOrLoss 2023-08-18 2024-12-31 15081454 2 2023-08-18 2024-12-31 15081454 6 2023-08-18 2024-12-31 15081454 e:PoundSterling 2023-08-18 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15081454









UK HOLLYWOOD HOLDING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

 
UK HOLLYWOOD HOLDING LIMITED
REGISTERED NUMBER: 15081454

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2024
Note
£
£

Fixed assets
  

Investments
 4 
100

Current assets
  

Debtors: amounts falling due within one year
 5 
35,821,641

Cash at bank and in hand
 6 
663,195

Creditors: amounts falling due within one year
 7 
(36,140,594)

Net current assets
  
 
 
344,242

Net assets
  
344,342


Capital and reserves
  

Called up share capital 
  
200

Profit and loss account
  
344,142

  
344,342


The 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 Company was entitled to exemption from audit under section 477 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 entities 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 13 May 2025.




L A Cooper
Director

The notes on pages 2 to 7 form part of these financial statements.

Page 1

 
UK HOLLYWOOD HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

UK Hollywood Holding Limited ("the Company") is a private company limited by shares and incorporated in England and Wales. The address of its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.
The principal activity of the company is that of a holding company.

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 101 'Reduced Disclosure Framework'  and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 101 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

Financial Reporting Standard 101 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions under FRS 101:
the requirements of IFRS 7 Financial Instruments: Disclosures
the requirements of IAS 7 Statement of Cash Flows
the requirements of paragraph 17 and 18A of IAS 24 Related Party Disclosures
the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member

This information is included in the consolidated financial statements of ILOS Projects GmbH  as at as at 31 December 2024 and these financial statements may be obtained from the German company registry, Unternehmensregister.

 
2.3

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the financial statements. The Company has the support of the wider Group and as such the directors consider it appropriate that the financial statements are to be prepared on a going concern basis.

Page 2

 
UK HOLLYWOOD HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

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 measured 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 except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.5

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.

 
2.6

Leases

The Company as a lessor

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases.

 
2.7

Interest income

The Company acts as an intermediary parent company, borrowing from its parent undertaking and lending to its subsidiary entity.  It incurs and recharges interest to the subsidiary companies based on the ongoing projects within the group. The interest within the subsidiary companies is generally capitalised and treated as part of the asset under construction. Interest is charged and re-charged at the rates implicit of the loan agreements.
Interest income is recognised in the Statement of income and retained earnings using the effective interest method.

Page 3

 
UK HOLLYWOOD HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.10

Debtors

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

 
2.11

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.

 
2.12

Creditors

Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Creditors are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method.

Page 4

 
UK HOLLYWOOD HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.13

Financial instruments

The Company recognises financial instruments when it becomes a party to the contractual arrangements of the instrument. Financial instruments are de-recognised when they are discharged or when the contractual terms expire. The Company's accounting policies in respect of financial instruments transactions are explained below:

Financial assets and financial liabilities are initially measured at fair value. 

Financial assets

All recognised financial assets are subsequently measured in their entirety at either fair value or amortised cost, depending on the classification of the financial assets.

Fair value through profit or loss

All of the Company's financial assets are subsequently measured at fair value at the end of each reporting period, with any fair value gains or losses being recognised in profit or loss to the extent they are not part of a designated hedging relationship. The net gain or loss recognised in profit or loss includes any dividend or interest earned on the financial asset. 

Financial liabilities

Fair value through profit or loss

Financial liabilities are classified as at fair value through profit or loss, when the financial liability is held for trading, or is designated as at fair value through profit or loss. This designation may be made if such designation eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise, or the financial liability forms part of a group of financial instruments which is managed and its performance is evaluated on a fair value basis, or the financial liability forms part of a contract containing one or more embedded derivatives, and IFRS 9 permits the entire combined contract to be designated as at fair value through profit or loss. Any gains or losses arising on changes in fair value are recognised in profit or loss to the extent that they are not part of a designated hedging relationship.

At amortised cost

Financial liabilities which are neither contingent consideration of an acquirer in a business combination, held for trading, nor designated as at fair value through profit or loss are subsequently measured at amortised cost using the effective interest method. This is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments through the expected life of the financial liability, or where appropriate a shorter period, to the amortised cost of a financial liability.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.





Page 5

 
UK HOLLYWOOD HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
100



At 31 December 2024
100





5.


Debtors

2024
£

Amounts owed by group undertakings
35,821,055

Other debtors
364

Prepayments and accrued income
222

35,821,641



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
663,195



7.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
197

Amounts owed to group undertakings
36,133,147

Other creditors
100

Accruals and deferred income
7,150

36,140,594


Page 6

 
UK HOLLYWOOD HOLDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

8.

Leases

Company as a lessee

The company has incurred £1,763 of expenses in the profit or loss account in relation to short-term leases.


9.


Share capital

2024
£
Allotted, called up and fully paid


200 Ordinary shares of £1.00 each
200


During the period, 200 ordinary shares of £1 each were issued and allotted.


10.


Related party transactions

Included within creditors are amounts of £36,133,147 owed to companies under common control. Interest is charged on these loans at the rates implicit on the loan agreements.
Included within debtors are amounts of £35,821,055 owed from companies under common control. Interest is charged on these loans with the rates implicit on the loan agreements.
During the year, total sales of £1,483,293 relate to recharges of costs to companies under common control.


11.


Post balance sheet events

Post year end the controlling party is considered to be AXA Investment Managers Alternatives by virtue of their controlling interest in ILOS Projects GmbH.


12.


Controlling party

The immediate parent company is Spring Dev 04 Limited. The ultimate controlling party is considered to be ILOS Projects GmbH.

 
Page 7