Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-31 2024-12-31 2025-05-19 3 true false 2024-01-01 false No description of principal activity 2 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09948725 2024-01-01 2024-12-31 09948725 2023-01-01 2023-12-31 09948725 2024-12-31 09948725 2023-12-31 09948725 c:Director3 2024-01-01 2024-12-31 09948725 d:CurrentFinancialInstruments 2024-12-31 09948725 d:CurrentFinancialInstruments 2023-12-31 09948725 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09948725 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09948725 d:ShareCapital 2024-12-31 09948725 d:ShareCapital 2023-12-31 09948725 d:SharePremium 2024-12-31 09948725 d:SharePremium 2023-12-31 09948725 d:OtherMiscellaneousReserve 2024-12-31 09948725 d:OtherMiscellaneousReserve 2023-12-31 09948725 d:RetainedEarningsAccumulatedLosses 2024-12-31 09948725 d:RetainedEarningsAccumulatedLosses 2023-12-31 09948725 c:OrdinaryShareClass1 2024-01-01 2024-12-31 09948725 c:OrdinaryShareClass1 2024-12-31 09948725 c:OrdinaryShareClass1 2023-12-31 09948725 c:OrdinaryShareClass2 2024-01-01 2024-12-31 09948725 c:OrdinaryShareClass2 2024-12-31 09948725 c:OrdinaryShareClass2 2023-12-31 09948725 c:FRS102 2024-01-01 2024-12-31 09948725 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09948725 c:FullAccounts 2024-01-01 2024-12-31 09948725 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09948725 d:Subsidiary1 2024-01-01 2024-12-31 09948725 d:Subsidiary1 1 2024-01-01 2024-12-31 09948725 d:Subsidiary3 2024-01-01 2024-12-31 09948725 d:Subsidiary3 1 2024-01-01 2024-12-31 09948725 2 2024-01-01 2024-12-31 09948725 6 2024-01-01 2024-12-31 09948725 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09948725 URBAN MASSAGE HOLDING LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
URBAN MASSAGE HOLDING LIMITED REGISTERED NUMBER: 09948725 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Fixed asset investments |  |  | 5,331,990 |  | 4,800,168
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 12,467,835 |  | 12,422,760 |
Cash at bank |  | 210,596 |  | 260,423 |
|  | 12,678,431 |  | 12,683,183 |
Creditors: amounts falling due within one year | 6 | (416,233) |  | (448,876) |
Net current assets |  |  | 12,262,198 |  | 12,234,307
Total assets less current liabilities |  |  | 17,594,188 |  | 17,034,475
Net assets |  |  | 17,594,188 |  | 17,034,475
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 39,945 |  | 39,945
Share premium account |  |  | 16,533,594 |  | 16,533,594
Other reserves |  |  | 2,590,220 |  | 2,058,398
Profit and loss account |  |  | (1,569,571) |  | (1,597,462)
|  |  | 17,594,188 |  | 17,034,475
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URBAN MASSAGE HOLDING LIMITED REGISTERED NUMBER: 09948725 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 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 by:
Mr C Tang
Director
Date: 19 May 2025
The notes on pages 3 to 8 form part of these financial statements. Page 2
URBAN MASSAGE HOLDING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
Urban Massage Holdings Limited is a private Company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered and trading office is 3rd Floor, 86-90 Paul Street, London, England, EC2A 4NE. The registration number of the company is 09948725. This company is part of a group. 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 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 | 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 Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
URBAN MASSAGE HOLDING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.4 | 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 corporation 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.
| 2.5 | 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. Page 4
URBAN MASSAGE HOLDING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 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. Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. 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. 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. Page 5
URBAN MASSAGE HOLDING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.9 | Financial instruments (continued)
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. Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2023 - 3).
Page 6
URBAN MASSAGE HOLDING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 January 2024 | 6,434,339
| Impairment |
| At 1 January 2024 | 1,634,171
| Charge for the period | (531,822)
| At 31 December 2024 | 1,102,349
| Net book value |
| At 31 December 2024 | 5,331,990
| At 31 December 2023 | 4,800,168
| Subsidiary undertakings
| The following were subsidiary undertakings of the Company:
| Name | Registered office | Principal activity | Class of shares | Holding
| Urban Massage Limited | UK | Provision of a booking service for massage therapists. | Ordinary | 100%
| Urban Massage FranceSARL | France | Provision of a booking service for massage therapists. | Ordinary | 100%
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 12,464,587 | 12,413,809
| Other debtors | 1,859 | 1,287
| Prepayments and accrued income | 1,389 | 7,664
|  | 12,467,835 | 12,422,760
Page 7
URBAN MASSAGE HOLDING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 413,031 | 442,837
| Accruals and deferred income | 3,202 | 6,039
|  | 416,233 | 448,876
7. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 25,341,083 (2023 - 25,341,083) Ordinary shares of £0.001 each | 25,341 | 25,341
|  | 14,604,000 (2023 - 14,604,000) Series A shares of £0.001 each | 14,604 | 14,604
|  |  | 39,945 | 39,945
8. | Related party transactions
| During the year the company operated loans with its subsidiaries. The balance of the loans due by the subsidiaries to the company at the year end was £12,051,556 (2023 - £11,970,972). The balance of loans is net of bad debts. These loans are interest free and repayable on demand.
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