Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-31 2024-03-31 1 2023-04-01 false No description of principal activity 2 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12448951 2023-04-01 2024-03-31 12448951 2022-04-01 2023-03-31 12448951 2024-03-31 12448951 2023-03-31 12448951 c:Director1 2023-04-01 2024-03-31 12448951 d:FurnitureFittings 2023-04-01 2024-03-31 12448951 d:FurnitureFittings 2024-03-31 12448951 d:FurnitureFittings 2023-03-31 12448951 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12448951 d:OfficeEquipment 2023-04-01 2024-03-31 12448951 d:OfficeEquipment 2024-03-31 12448951 d:OfficeEquipment 2023-03-31 12448951 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12448951 d:ComputerEquipment 2023-04-01 2024-03-31 12448951 d:ComputerEquipment 2024-03-31 12448951 d:ComputerEquipment 2023-03-31 12448951 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12448951 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 12448951 d:FreeholdInvestmentProperty 2023-04-01 2024-03-31 12448951 d:FreeholdInvestmentProperty 2024-03-31 12448951 d:FreeholdInvestmentProperty 2023-03-31 12448951 d:CurrentFinancialInstruments 2024-03-31 12448951 d:CurrentFinancialInstruments 2023-03-31 12448951 d:Non-currentFinancialInstruments 2024-03-31 12448951 d:Non-currentFinancialInstruments 2023-03-31 12448951 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12448951 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12448951 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12448951 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12448951 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 12448951 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 12448951 d:ShareCapital 2024-03-31 12448951 d:ShareCapital 2023-03-31 12448951 d:RetainedEarningsAccumulatedLosses 2024-03-31 12448951 d:RetainedEarningsAccumulatedLosses 2023-03-31 12448951 c:FRS102 2023-04-01 2024-03-31 12448951 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12448951 c:FullAccounts 2023-04-01 2024-03-31 12448951 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12448951 2 2023-04-01 2024-03-31 12448951 6 2023-04-01 2024-03-31 12448951 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 12448951 SCB UK HOLDINGS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2024
SCB UK HOLDINGS LIMITED REGISTERED NUMBER: 12448951 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 11,017 |  | 7,342
Investments | 5 |  | 154,000 |  | -
Investment property | 6 |  | 1,811,798 |  | 2,601,754
|  |  | 1,976,815 |  | 2,609,096
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 2,918,139 |  | 64,679 |
Cash at bank and in hand | 8 | 13,555 |  | 1,134 |
|  | 2,931,694 |  | 65,813 |
Creditors: amounts falling due within one year | 9 | (3,598,341) |  | (1,251,471) |
Net current liabilities |  |  | (666,647) |  | (1,185,658)
Total assets less current liabilities |  |  | 1,310,168 |  | 1,423,438
Creditors: amounts falling due after more than one year | 10 |  | (1,604,363) |  | (1,604,363)
Net liabilities |  |  | (294,195) |  | (180,925)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | (294,295) |  | (181,025)
|  |  | (294,195) |  | (180,925)
Page 1
SCB UK HOLDINGS LIMITED REGISTERED NUMBER: 12448951 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 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 September 2025.
C Ball
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. | General information
SCB UK Holdings Limited is a private company, limited by shares and incorporated in England and Wales (registered number: 12448951). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH. The financial statements are presented in sterling (GBP), 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 havs evaluated current and forecasted operational results, and the solvency of the company. The director has obtained assurances from the shareholders to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.
| 2.3 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.7 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.8 | 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 4
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2.Accounting policies (continued)
| 2.8 | 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:
|  |  |  | Fixtures and fittings | - | 20% |
|  |  |  | Office equipment | - | 20% |
|  |  |  | Computer equipment | - | 33% |
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.
| 2.9 | 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 profit or loss.
| 2.10 | 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 reporting 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 reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.11 | 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.
| 2.12 | 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. Page 5
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2.Accounting policies (continued)
| 2.13 | 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 2 (2023 - 1).
4. | Tangible fixed assets
|  | Fixtures and fittings | Office equipment | Computer equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2023 | 6,864 | - | 1,314 | 8,178
| Additions | 6,961 | 170 | - | 7,131
| At 31 March 2024 | 13,825 | 170 | 1,314 | 15,309
| Depreciation |  |  |  |
| At 1 April 2023 | 726 | - | 109 | 835
| Charge for the year on owned assets | 2,985 | 34 | 438 | 3,457
| At 31 March 2024 | 3,711 | 34 | 547 | 4,292
| Net book value |  |  |  |
| At 31 March 2024 | 10,114 | 136 | 767 | 11,017
| At 31 March 2023 | 6,138 | - | 1,204 | 7,342
Page 6
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| Additions | 154,000
| At 31 March 2024 | 154,000
Page 7
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
6. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2023 | 2,601,754
| Disposals | (789,956)
| At 31 March 2024 | 1,811,798
The 2024 valuations were made by the director, on an open market value for existing use basis.
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2024
|  |  |  |  | £
| Historic cost | 1,811,798
Page 8
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
7. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 144,100 | 8,987
| Amounts owed by group undertakings | 2,774,039 | 53,000
| Other debtors | - | 504
| Prepayments and accrued income | - | 2,188
|  | 2,918,139 | 64,679
8. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 13,555 | 1,134
| Less: bank overdrafts | (47) | -
|  | 13,508 | 1,134
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank overdrafts | 47 | -
| Trade creditors | 147,385 | 39,711
| Amounts owed to group undertakings | 2,179,983 | -
| Other taxation and social security | 4,103 | -
| Other creditors | 1,260,653 | 1,205,590
| Accruals and deferred income | 6,170 | 6,170
|  | 3,598,341 | 1,251,471
Page 9
SCB UK HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Bank loans | 1,604,363 | 1,604,363
|  | 1,604,363 | 1,604,363
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts falling due after more than 5 years |  |
| Bank loans | 1,604,363 | 1,604,363
|  | 1,604,363 | 1,604,363
Page 10