Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-300true0falsefalseholding companyfalse2023-12-010The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09027852 2023-12-01 2024-11-30 09027852 2022-12-01 2023-11-30 09027852 2024-11-30 09027852 2023-11-30 09027852 c:Director1 2023-12-01 2024-11-30 09027852 d:PatentsTrademarksLicencesConcessionsSimilar 2023-12-01 2024-11-30 09027852 d:PatentsTrademarksLicencesConcessionsSimilar 2024-11-30 09027852 d:PatentsTrademarksLicencesConcessionsSimilar 2023-11-30 09027852 d:Non-currentFinancialInstruments 2024-11-30 09027852 d:Non-currentFinancialInstruments 2023-11-30 09027852 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 09027852 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 09027852 d:ShareCapital 2024-11-30 09027852 d:ShareCapital 2023-11-30 09027852 c:FRS102 2023-12-01 2024-11-30 09027852 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 09027852 c:FullAccounts 2023-12-01 2024-11-30 09027852 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09027852 6 2023-12-01 2024-11-30 09027852 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2023-12-01 2024-11-30 09027852 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 09027852










BLUE MONKEY VENDING (HOLDINGS) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
REGISTERED NUMBER: 09027852

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 3 
1,090
2,120

Investments
 4 
100
300

  
1,190
2,420

Current assets
  

Debtors
  
229,795
228,765

Cash at bank and in hand
  
37,936
37,936

  
267,731
266,701

Total assets less current liabilities
  
 
 
268,921
 
 
269,121

Creditors: amounts falling due after more than one year
 5 
(268,796)
(268,996)

  

Net assets
  
125
125


Capital and reserves
  

Called up share capital 
  
125
125

  
125
125


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 13 August 2025.




David John Mcgregor Brown
Director
Page 1

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
REGISTERED NUMBER: 09027852
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024


The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Acuity Law Limited, 3 Assembly Square, Britannia Quay, Cardiff, Wales, CF10 4PL. 
The presentation currency of the financial statements is the Pound Sterling (£). 
Monetary amounts in these financial statements are rounded to the nearest £. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

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.

Page 3

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.4

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Patents, trademarks and licenses
-
10% straight line

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated 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.

 
2.9

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.

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
Page 4

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)

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.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

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 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
Page 5

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)

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.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.


3.


Intangible assets




Patents, trademarks and licenses

£



Cost


At 1 December 2023
10,427



At 30 November 2024

10,427



Amortisation


At 1 December 2023
8,307


Charge for the year 
1,030



At 30 November 2024

9,337



Net book value



At 30 November 2024
1,090



At 30 November 2023
2,120



Page 6

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2023
300



At 30 November 2024

300



Impairment


Charge for the period
200



At 30 November 2024

200



Net book value



At 30 November 2024
100



At 30 November 2023
300

Page 7

 
BLUE MONKEY VENDING (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
268,796
268,996

268,796
268,996


The following liabilities were secured:

2024
2023
£
£



Directors' loan account
268,796
268,996

268,796
268,996

Details of security provided:

The directors hold a fixed and floating charge over the assets of Blue Monkey Vending (Holdings) Limited dated 21 January 2016. 


6.


Related party transactions

At the beginning of the year the company was owed £229,795 (2023: £228,765) by Blue Monkey Vending Limited, one of its wholly owned subsidiaries. No repayments were made in the year and no interest has been charged on the outstanding balance. The loan has no fixed repayment date. The balance receivable is included in Amounts owed by group undertakings under Debtors: Amounts falling due after more than one year. 
At the year end the company owed its directors £268,796 (2023: £268,996). Interest has not been charged on any outstanding amounts and the balance has no fixed repayment date. The balance payable is included as Other creditors under Creditors: Amounts falling due after more than one year and as Directors' loan accounts under Secured debts.


7.


Controlling party

The company is controlled by J F Holmes who is one of its directors.

 
Page 8