Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30false5Holding company2023-07-01false5The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse 13685847 2023-07-01 2024-06-30 13685847 2022-07-01 2023-06-30 13685847 2024-06-30 13685847 2023-06-30 13685847 c:Director1 2023-07-01 2024-06-30 13685847 c:Director1 2024-06-30 13685847 c:Director2 2023-07-01 2024-06-30 13685847 c:Director2 2024-06-30 13685847 c:Director3 2023-07-01 2024-06-30 13685847 c:Director3 2024-06-30 13685847 c:Director4 2023-07-01 2024-06-30 13685847 c:Director4 2024-06-30 13685847 c:Director5 2023-07-01 2024-06-30 13685847 c:Director5 2024-06-30 13685847 c:RegisteredOffice 2023-07-01 2024-06-30 13685847 d:CurrentFinancialInstruments 2024-06-30 13685847 d:CurrentFinancialInstruments 2023-06-30 13685847 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13685847 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13685847 d:ShareCapital 2024-06-30 13685847 d:ShareCapital 2023-06-30 13685847 c:FRS102 2023-07-01 2024-06-30 13685847 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13685847 c:FullAccounts 2023-07-01 2024-06-30 13685847 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13685847 6 2023-07-01 2024-06-30 13685847 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 13685847














NEG THE TREATY 1 HOLDINGS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 JUNE 2024

 
NEG THE TREATY 1 HOLDINGS LIMITED
 
 
COMPANY INFORMATION


Directors
I Hanokh (appointed 29 March 2024)
D Liberman (appointed 29 March 2024)
R B Michael (appointed 29 March 2024)
I I Perl (appointed 29 March 2024)
U Segal (appointed 29 March 2024)




Registered number
13685847



Registered office
13-14 Welbeck Street

London

United Kingdom

W1G 9XU




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
NEG THE TREATY 1 HOLDINGS LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 4


 
NEG THE TREATY 1 HOLDINGS LIMITED
REGISTERED NUMBER:13685847

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
500,000
500,000

Current liabilites
  

Creditors: amounts falling due within one year
 6 
(500,000)
(500,000)

Net current assets
  
 
 
-
 
 
-

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


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: 




U Segal
Director

Date: 26 June 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
NEG THE TREATY 1 HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

NEG The Treaty 1 Holdings Limited is a private company limited by shares, registered incorporated in England and Wales. The registered office is 385-389 Oxford Street, London, England, W1C, 2NB.
The principal activity of the Company continues to be that of a holding company.
The Company's functional and presentational currency is £ Sterling.

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

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

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 reporting date in the countries where the Company operates and generates income.


 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

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.

 
2.6

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.

Page 2

 
NEG THE TREATY 1 HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

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.

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 3

 
NEG THE TREATY 1 HOLDINGS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


At 1 July 2023
100



At 30 June 2024
100





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
499,900
499,900

Other debtors
100
100

500,000
500,000



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
500,000
500,000

500,000
500,000



7.


Related party transactions

The company has taken advantage of exemption, under the terms of Section 1A Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owed subsidiaries within the group.
Included within other creditors is an amount of £500,000 (2023 - £500,000) owed to one of the directors. This amount is interest free and repayable on demand.

 
Page 4