Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312false2024-02-17truefalseholding companytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15498612 2024-02-16 15498612 2024-02-17 2024-10-31 15498612 2023-02-17 2024-02-16 15498612 2024-10-31 15498612 c:Director1 2024-02-17 2024-10-31 15498612 c:Director2 2024-02-17 2024-10-31 15498612 d:CurrentFinancialInstruments 2024-10-31 15498612 d:Non-currentFinancialInstruments 2024-10-31 15498612 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 15498612 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 15498612 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 15498612 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 15498612 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-10-31 15498612 d:ShareCapital 2024-10-31 15498612 c:OrdinaryShareClass1 2024-02-17 2024-10-31 15498612 c:OrdinaryShareClass1 2024-10-31 15498612 c:FRS102 2024-02-17 2024-10-31 15498612 c:AuditExempt-NoAccountantsReport 2024-02-17 2024-10-31 15498612 c:FullAccounts 2024-02-17 2024-10-31 15498612 c:PrivateLimitedCompanyLtd 2024-02-17 2024-10-31 15498612 6 2024-02-17 2024-10-31 15498612 e:PoundSterling 2024-02-17 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15498612









FRANK & SCOTT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2024

 
FRANK & SCOTT LIMITED
REGISTERED NUMBER: 15498612

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
Note
£

Fixed assets
  

Investments
 4 
753,750

  
753,750

Current assets
  

Cash at bank and in hand
 5 
50

  
50

Creditors: amounts falling due within one year
 6 
(128,750)

Net current (liabilities)/assets
  
 
 
(128,700)

Total assets less current liabilities
  
625,050

Creditors: amounts falling due after more than one year
 7 
(625,000)

  

Net assets
  
50


Capital and reserves
  

Called up share capital 
 9 
50

  
50


Page 1

 
FRANK & SCOTT LIMITED
REGISTERED NUMBER: 15498612
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

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 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: 




Mrs M Scott-Beaulieu
Mr M Scott-Beaulieu
Director
Director


Date: 9 June 2025
Date:9 June 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FRANK & SCOTT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

1.


General information

Frank & Scott Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent, DA2 6QA. The company's principal activity is that of a holding company of a trading subsidiary. 

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

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.

 
2.4

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.

 
2.5

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 period was 2.

Page 3

 
FRANK & SCOTT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
753,750



At 31 October 2024
753,750





5.


Cash and cash equivalents

2024
£

Cash at bank and in hand
50

50



6.


Creditors: Amounts falling due within one year

2024
£

Other loans
75,000

Amounts owed to group undertakings
53,750

128,750



7.


Creditors: Amounts falling due after more than one year

2024
£

Other loans
625,000

625,000


Page 4

 
FRANK & SCOTT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
£

Amounts falling due within one year

Other loans
75,000

Amounts falling due 1-2 years

Other loans
75,000

Amounts falling due 2-5 years

Other loans
225,000

Amounts falling due after more than 5 years

Other loans
325,000

700,000



9.


Share capital

2024
£
Allotted, called up and fully paid


50 Ordinary shares of £1.00 each
50


On incorporation, 50 Ordinary £1.00 shares were issued at par.


10.


Related party transactions

The directors have an interest in dividends paid during the period of £26,360.
Included within other creditors due within one year is a balance owed to the subsidiary company of £53,750.
Dividend income of £26,360 was received from the subsidiary company during the period.

 
Page 5