Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 false false false true 2024-01-01 2 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01827380 2024-01-01 2024-12-31 01827380 2023-01-01 2023-12-31 01827380 2024-12-31 01827380 2023-12-31 01827380 c:Director1 2024-01-01 2024-12-31 01827380 d:CurrentFinancialInstruments 2024-12-31 01827380 d:CurrentFinancialInstruments 2023-12-31 01827380 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01827380 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01827380 d:ShareCapital 2024-12-31 01827380 d:ShareCapital 2023-12-31 01827380 d:RetainedEarningsAccumulatedLosses 2024-12-31 01827380 d:RetainedEarningsAccumulatedLosses 2023-12-31 01827380 c:FRS102 2024-01-01 2024-12-31 01827380 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01827380 c:FullAccounts 2024-01-01 2024-12-31 01827380 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01827380 2 2024-01-01 2024-12-31 01827380 6 2024-01-01 2024-12-31 01827380 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 01827380 NEEDLARCH LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
NEEDLARCH LIMITED REGISTERED NUMBER: 01827380 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 84 |  | 84
|  |  | 84 |  | 84
Current assets |  |  |  |  |
Current asset investments | 5 | 442,994 |  | 515,551 |
Cash at bank and in hand |  | 25,253 |  | 31,044 |
|  | 468,247 |  | 546,595 |
Creditors: amounts falling due within one year | 6 | (2,880) |  | (2,700) |
Net current assets |  |  | 465,367 |  | 543,895
Net assets |  |  | 465,451 |  | 543,979
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 300 |  | 300
Profit and loss account |  |  | 465,151 |  | 543,679
|  |  | 465,451 |  | 543,979
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 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 profit and loss account 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 3 September 2025.
S M James
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
NEEDLARCH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
The company is a private company limited by shares, incorporated in England and Wales. The address of the registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW. 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 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.3 | 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.
| 2.4 | 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. Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument. 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 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. Page 2
NEEDLARCH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | Financial instruments (continued)
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 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.
| 2.5 | 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.
| 2.6 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
Page 3
NEEDLARCH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost |
| At 1 January 2024 | 84
| At 31 December 2024 | 84
5. | Current asset investments
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Fixed term cash deposits | 442,994 | 515,551
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other creditors | 2,880 | 2,700
Page 4