Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-01falseNo description of principal activity22falsetruefalse 13001396 2023-05-01 2024-04-30 13001396 2022-05-01 2023-04-30 13001396 2024-04-30 13001396 2023-04-30 13001396 c:Director1 2023-05-01 2024-04-30 13001396 d:ComputerEquipment 2023-05-01 2024-04-30 13001396 d:ComputerEquipment 2024-04-30 13001396 d:ComputerEquipment 2023-04-30 13001396 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13001396 d:CurrentFinancialInstruments 2024-04-30 13001396 d:CurrentFinancialInstruments 2023-04-30 13001396 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13001396 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13001396 d:ShareCapital 2024-04-30 13001396 d:ShareCapital 2023-04-30 13001396 d:RetainedEarningsAccumulatedLosses 2024-04-30 13001396 d:RetainedEarningsAccumulatedLosses 2023-04-30 13001396 c:OrdinaryShareClass1 2023-05-01 2024-04-30 13001396 c:OrdinaryShareClass1 2024-04-30 13001396 c:OrdinaryShareClass1 2023-04-30 13001396 c:FRS102 2023-05-01 2024-04-30 13001396 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13001396 c:FullAccounts 2023-05-01 2024-04-30 13001396 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13001396 6 2023-05-01 2024-04-30 13001396 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13001396









NEW CAVENDISH GROUP LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
NEW CAVENDISH GROUP LTD
REGISTERED NUMBER: 13001396

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
753
1,407

Investments
 5 
1
1

  
754
1,408

Current assets
  

Debtors: amounts falling due within one year
 6 
535,340
62,902

Cash at bank and in hand
 7 
13,950
309,801

  
549,290
372,703

Creditors: amounts falling due within one year
 8 
(309,898)
(100,686)

Net current assets
  
 
 
239,392
 
 
272,017

Total assets less current liabilities
  
240,146
273,425

  

Net assets
  
240,146
273,425


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
240,145
273,424

  
240,146
273,425


Page 1

 
NEW CAVENDISH GROUP LTD
REGISTERED NUMBER: 13001396
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 by: 




P D Doychev
Director

Date: 29 July 2025

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

Page 2

 
NEW CAVENDISH GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

New Cavendish Group Ltd is a private company limited by shares incorporated in England & Wales (registered number 13001396). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. The financial statements are presented in Sterling, which is the functional currency of the 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

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
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 balance sheet date in the countries where the Company operates and generates income.


 
2.4

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 3

 
NEW CAVENDISH GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.4
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:

Computer equipment
-
33%
Straight line method

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less 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.

 
2.6

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

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.

Page 4

 
NEW CAVENDISH GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 May 2023
1,983



At 30 April 2024

1,983



Depreciation


At 1 May 2023
576


Charge for the year on owned assets
654



At 30 April 2024

1,230



Net book value



At 30 April 2024
753


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 May 2023
1



At 30 April 2024
1




Page 5

 
NEW CAVENDISH GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
526,630
53,298

Other debtors
8,710
9,604

535,340
62,902



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
13,950
309,801

13,950
309,801



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
307,398
100,686

Accruals and deferred income
2,500
-

309,898
100,686



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


 
Page 6