Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01Activities of head office11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10285071 2024-01-01 2024-12-31 10285071 2023-01-01 2023-12-31 10285071 2024-12-31 10285071 2023-12-31 10285071 c:Director1 2024-01-01 2024-12-31 10285071 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 10285071 d:FreeholdInvestmentProperty 2024-12-31 10285071 d:CurrentFinancialInstruments 2024-12-31 10285071 d:CurrentFinancialInstruments 2023-12-31 10285071 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10285071 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10285071 d:ShareCapital 2024-12-31 10285071 d:ShareCapital 2023-12-31 10285071 d:RetainedEarningsAccumulatedLosses 2024-12-31 10285071 d:RetainedEarningsAccumulatedLosses 2023-12-31 10285071 c:FRS102 2024-01-01 2024-12-31 10285071 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10285071 c:FullAccounts 2024-01-01 2024-12-31 10285071 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10285071 6 2024-01-01 2024-12-31 10285071 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 10285071










SECONDS TO BUY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
SECONDS TO BUY LIMITED
REGISTERED NUMBER: 10285071

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Investments
 4 
-
-

Investment property
 5 
-
-

Current assets
  

Debtors: amounts falling due within one year
 6 
749,710
761,945

Cash at bank and in hand
  
744
599

  
750,454
762,544

Creditors: amounts falling due within one year
 7 
(631,225)
(641,284)

Net current assets
  
 
 
119,229
 
 
121,260

Total assets less current liabilities
  
119,229
121,260

  

Net assets
  
119,229
121,260


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
119,129
121,160

  
119,229
121,260


Page 1

 
SECONDS TO BUY LIMITED
REGISTERED NUMBER: 10285071
    
BALANCE SHEET (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 income and retained earnings 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 A Fowler
Director

Date: 27 August 2025

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

Page 2

 
SECONDS TO BUY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Seconds to Buy Limited is a private Company limited by shares, incorporated in England and Wales (registered number: 10285071). Its registered office is 31 Melbourne Road, Bushey, Hertfordshire, WD23 3LL. The Company operated as a holding Company throughout the current period.

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 Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in the Statement of Income and Retained Earnings. 

The current 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.


 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 3

 
SECONDS TO BUY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction,  the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.


3.


Employees

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

Page 4

 
SECONDS TO BUY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Fixed asset investments





Investments in associates

£



Cost or valuation


At 1 January 2024
1,000,003



At 31 December 2024

1,000,003



Impairment


At 1 January 2024
1,000,003



At 31 December 2024

1,000,003



Net book value



At 31 December 2024
-



At 31 December 2023
-

The investment at 31 December 2024 represents 100% of the share capital of D.O.T. International S.A., a Company incorporated in Luxembourg.


5.


Investment property


Freehold investment property

£





Additions at cost
1,250,000


Disposals
(1,250,000)



At 31 December 2024
-







Page 5

 
SECONDS TO BUY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Debtors

2024
2023
£
£


Trade debtors
-
12,113

Amounts owed by group undertakings
709,600
709,600

Other debtors
40,097
40,220

Prepayments and accrued income
13
12

749,710
761,945



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,200
-

Amounts owed to group undertakings
461,000
476,907

Other creditors
167,575
162,927

Accruals and deferred income
1,450
1,450

631,225
641,284



8.


Controlling party

The controlling party of the Company is Orange Circle Investments Limited, a Company registered in England and Wales.

 
Page 6