Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31false1The principal activity of the company continued to be that of financial and consultancy advisory.2024-04-011truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08006417 2024-04-01 2025-03-31 08006417 2023-04-01 2024-03-31 08006417 2025-03-31 08006417 2024-03-31 08006417 c:Director1 2024-04-01 2025-03-31 08006417 d:OfficeEquipment 2024-04-01 2025-03-31 08006417 d:OfficeEquipment 2025-03-31 08006417 d:OfficeEquipment 2024-03-31 08006417 d:CurrentFinancialInstruments 2025-03-31 08006417 d:CurrentFinancialInstruments 2024-03-31 08006417 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 08006417 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08006417 d:ShareCapital 2025-03-31 08006417 d:ShareCapital 2024-03-31 08006417 d:RetainedEarningsAccumulatedLosses 2025-03-31 08006417 d:RetainedEarningsAccumulatedLosses 2024-03-31 08006417 c:OrdinaryShareClass1 2024-04-01 2025-03-31 08006417 c:OrdinaryShareClass1 2025-03-31 08006417 c:OrdinaryShareClass1 2024-03-31 08006417 c:OrdinaryShareClass2 2024-04-01 2025-03-31 08006417 c:OrdinaryShareClass2 2025-03-31 08006417 c:OrdinaryShareClass2 2024-03-31 08006417 c:FRS102 2024-04-01 2025-03-31 08006417 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08006417 c:FullAccounts 2024-04-01 2025-03-31 08006417 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08006417 2 2024-04-01 2025-03-31 08006417 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08006417









STRASS CAPITAL LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
STRASS CAPITAL LIMITED
REGISTERED NUMBER: 08006417

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
15,026
7,569

Cash at bank and in hand
  
944,676
960,985

  
959,702
968,554

Creditors: amounts falling due within one year
 6 
(20,940)
(25,053)

Net current assets
  
 
 
938,762
 
 
943,501

  

Net assets
  
938,762
943,501


Capital and reserves
  

Called up share capital 
 7 
60,010
60,010

Profit and loss account
  
878,752
883,491

  
938,762
943,501


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: 



L R M Tuil
Director

Date: 17 June 2025

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
STRASS CAPITAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Strass Capital Limited is a private company, limited by shares, incorporated in England and Wales. The address of its registered office is 56A Walton Street, London, SW3 1RB.

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

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

Interest income

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

 
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.


 
2.5

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.

Page 2

 
STRASS CAPITAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight-line

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.

 
2.6

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.

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is 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 creditors, bank loans and other loans are
Page 3

 
STRASS CAPITAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.9
Financial instruments (continued)

initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). 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 creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors 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.

 
2.10

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 (2024 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost 


At 1 April 2024
213



At 31 March 2025

213



Depreciation


At 1 April 2024
213



At 31 March 2025

213



Net book value



At 31 March 2025
-



At 31 March 2024
-

Page 4

 
STRASS CAPITAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Debtors

2025
2024
£
£


Prepayments and accrued income
15,026
7,569



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
2,090
690

Other creditors
13,360
18,122

Accruals and deferred income
5,490
6,241

20,940
25,053


Page 5

 
STRASS CAPITAL LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



100 (2024 - 100) Ordinary shares of £600.00 each
60,000
60,000
10 (2024 - 10) Ordinary shares of £1.00 each
10
10

60,010

60,010



Page 6