Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-301false2023-10-01No description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09366226 2023-10-01 2024-09-30 09366226 2022-04-01 2023-09-30 09366226 2024-09-30 09366226 2023-09-30 09366226 c:Director1 2023-10-01 2024-09-30 09366226 d:CurrentFinancialInstruments 2024-09-30 09366226 d:CurrentFinancialInstruments 2023-09-30 09366226 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09366226 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09366226 d:ShareCapital 2024-09-30 09366226 d:ShareCapital 2023-09-30 09366226 d:OtherMiscellaneousReserve 2024-09-30 09366226 d:OtherMiscellaneousReserve 2023-09-30 09366226 d:RetainedEarningsAccumulatedLosses 2024-09-30 09366226 d:RetainedEarningsAccumulatedLosses 2023-09-30 09366226 c:FRS102 2023-10-01 2024-09-30 09366226 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09366226 c:FullAccounts 2023-10-01 2024-09-30 09366226 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09366226 2 2023-10-01 2024-09-30 09366226 6 2023-10-01 2024-09-30 09366226 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 09366226









H C INVESTMENTS 2014 LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
H C INVESTMENTS 2014 LTD
REGISTERED NUMBER: 09366226

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
496,697
100,543

  
496,697
100,543

Current assets
  

Cash at bank and in hand
 5 
64,813
296,758

  
64,813
296,758

Creditors: amounts falling due within one year
 6 
(75,459)
(73,884)

Net current (liabilities)/assets
  
 
 
(10,646)
 
 
222,874

Total assets less current liabilities
  
486,051
323,417

  

Net assets
  
486,051
323,417


Capital and reserves
  

Called up share capital 
  
198
198

Other reserves
  
(2,651)
(2,651)

Profit and loss account
  
488,504
325,870

  
486,051
323,417


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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
H C INVESTMENTS 2014 LTD
REGISTERED NUMBER: 09366226
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
N P T Bergman
Director
Date: 26 June 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
H C INVESTMENTS 2014 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

H C Investments 2014 Ltd is a private company, limited by shares, registered in England and Wales. The address of the Company's registered office is C/O Hillier Hopkins LLP, 249 Silbury Boulevard, Milton Keynes, Bucks, MK9 1NA.

The Company's principal activity is that of holding investments.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preperation of these financial statements are set out below.

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.

 
2.2

Interest income

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

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

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.

 
2.5

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 3

 
H C INVESTMENTS 2014 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.6

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.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

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.

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 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
Page 4

 
H C INVESTMENTS 2014 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)

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.

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.


3.


Employees

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

Page 5

 
H C INVESTMENTS 2014 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies
Listed investments
Total

£
£
£



Cost or valuation


At 1 October 2023
1
100,542
100,543


Additions
-
293,760
293,760


Disposals
-
(52,399)
(52,399)


Revaluations
-
154,793
154,793



At 30 September 2024
1
496,696
496,697




The investment in subsidiary companies is held at cost and the listed investments are revalued at the current market value as at the year end. 


5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
64,813
296,758



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
40,944
39,444

Other creditors
32,940
32,940

Accruals and deferred income
1,575
1,500

75,459
73,884


 
Page 6