Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3112024-01-01falseBuying and selling of own real estate1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13252790 2024-01-01 2024-12-31 13252790 2023-01-01 2023-12-31 13252790 2024-12-31 13252790 2023-12-31 13252790 c:Director1 2024-01-01 2024-12-31 13252790 d:CurrentFinancialInstruments 2024-12-31 13252790 d:CurrentFinancialInstruments 2023-12-31 13252790 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13252790 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13252790 d:ShareCapital 2024-12-31 13252790 d:ShareCapital 2023-12-31 13252790 d:RetainedEarningsAccumulatedLosses 2024-12-31 13252790 d:RetainedEarningsAccumulatedLosses 2023-12-31 13252790 c:OrdinaryShareClass1 2024-01-01 2024-12-31 13252790 c:OrdinaryShareClass1 2024-12-31 13252790 c:OrdinaryShareClass2 2024-01-01 2024-12-31 13252790 c:OrdinaryShareClass2 2024-12-31 13252790 c:OrdinaryShareClass3 2024-01-01 2024-12-31 13252790 c:OrdinaryShareClass3 2024-12-31 13252790 c:OrdinaryShareClass4 2024-01-01 2024-12-31 13252790 c:OrdinaryShareClass4 2024-12-31 13252790 c:OrdinaryShareClass5 2024-01-01 2024-12-31 13252790 c:OrdinaryShareClass5 2024-12-31 13252790 c:FRS102 2024-01-01 2024-12-31 13252790 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13252790 c:FullAccounts 2024-01-01 2024-12-31 13252790 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13252790 2 2024-01-01 2024-12-31 13252790 e:PoundSterling 2024-01-01 2024-12-31 13252790 d:EntityControlledByKeyManagementPersonnel1 2024-01-01 2024-12-31 13252790 d:EntityControlledByKeyManagementPersonnel1 2024-12-31 13252790 d:EntityControlledByKeyManagementPersonnel2 2024-01-01 2024-12-31 13252790 d:EntityControlledByKeyManagementPersonnel2 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13252790









SMLC INVESTMENTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
SMLC INVESTMENTS LTD
REGISTERED NUMBER: 13252790

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024


2024

2023
Note
£
£
£
£

Fixed assets
  

Investments
 4 
50
50

  
50
50

Current assets
  

Debtors: amounts falling due within one year
 5 
1,451,603
1,406,044

Cash at bank and in hand
 6 
1
1

  
1,451,604
1,406,045

Creditors: amounts falling due within one year
 7 
(1,190,737)
(1,219,312)

Net current assets
  
 
 
260,867
 
 
186,733

Total assets less current liabilities
  
260,917
186,783

  

Net assets
  
260,917
186,783


Capital and reserves
  

Called up share capital 
 8 
5
5

Profit and loss account
  
260,912
186,778

  
260,917
186,783


Page 1

 
SMLC INVESTMENTS LTD
REGISTERED NUMBER: 13252790
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

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 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 1 July 2025.




S P Roue
Director

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

Page 2

 
SMLC INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

SMLC Investments Ltd is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, UB8 2FX.
The company is 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 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

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.4

Taxation

Tax is recognised in the Statement of comprehensive income 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.


Page 3

 
SMLC INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Investments

Investments in associates are held at cost less impairment.

 
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.


3.


Employees

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


4.


Fixed asset investments





Investments in associates

£



Cost 


At 1 January 2024
50



At 31 December 2024
50




Page 4

 
SMLC INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Other debtors
1,451,603
1,406,044

1,451,603
1,406,044



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1
1

1
1



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
1,008

Corporation tax
24,711
33,175

Other creditors
1,164,526
1,183,629

Accruals and deferred income
1,500
1,500

1,190,737
1,219,312


Page 5

 
SMLC INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £0.01 each
1
1
100 A Preference shares of £0.01 each
1
1
100 B Preference shares of £0.01 each
1
1
100 C Preference shares of £0.01 each
1
1
100 D Preference shares of £0.01 each
1
1

5

5

The Ordinary shares have full rights in respect of voting, dividends and capital distributions.
The A Preference shares, B Preference shares, C Preference shares and D Preference shares do not entitle the holders to voting rights or capital distributions, apart from reclaiming the capital paid up, but can receive dividends.
Dividends can be declared at different rates on different classes of shares.


9.


Related party transactions

During the year, management fees of £Nil (2023 - £15,400) and interest of £101,330 (2023 - £128,827) was charged by the company to companies controlled by the director. Included within other debtors is an amount of £1,451,599 (2023 - £1,406,040) due from companies controlled by the director.
 
Included within other creditors is a balance of £1,164,526 (2023 - £1,183,629) due to the director.


10.


Controlling party

The ultimate controlling party is the director by virtue of his shareholding.

 
Page 6