Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 4 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity false false 2024-01-01 4 true false 14278556 2024-01-01 2024-12-31 14278556 2023-01-01 2023-12-31 14278556 2024-12-31 14278556 2023-12-31 14278556 c:Director4 2024-01-01 2024-12-31 14278556 d:CurrentFinancialInstruments 2024-12-31 14278556 d:CurrentFinancialInstruments 2023-12-31 14278556 d:Non-currentFinancialInstruments 2024-12-31 14278556 d:Non-currentFinancialInstruments 2023-12-31 14278556 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14278556 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14278556 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 14278556 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14278556 d:ShareCapital 2024-12-31 14278556 d:ShareCapital 2023-12-31 14278556 d:RetainedEarningsAccumulatedLosses 2024-12-31 14278556 d:RetainedEarningsAccumulatedLosses 2023-12-31 14278556 c:OrdinaryShareClass1 2024-01-01 2024-12-31 14278556 c:OrdinaryShareClass1 2024-12-31 14278556 c:OrdinaryShareClass2 2024-01-01 2024-12-31 14278556 c:OrdinaryShareClass2 2024-12-31 14278556 c:FRS102 2024-01-01 2024-12-31 14278556 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 14278556 c:FullAccounts 2024-01-01 2024-12-31 14278556 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14278556 6 2024-01-01 2024-12-31 14278556 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14278556 THE HAPPINESS FIRST GROUP LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
THE HAPPINESS FIRST GROUP LIMITED CONTENTS
| Page
Accountants' Report | 1
Balance Sheet | 2 - 3
Notes to the Financial Statements | 4 - 6
THE HAPPINESS FIRST GROUP LIMITED CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE HAPPINESS FIRST GROUP LIMITED FOR THE YEAR ENDED 31 DECEMBER 2024 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Happiness First Group Limited for the year ended 31 December 2024 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the Board of Directors of The Happiness First Group Limited, as a body, in accordance with the terms of our engagement letter dated 22 August 2022. Our work has been undertaken solely to prepare for your approval the financial statements of The Happiness First Group Limited and state those matters that we have agreed to state to the Board of Directors of The Happiness First Group Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Happiness First Group Limited and its Board of Directors, as a body, for our work or for this report. It is your duty to ensure that The Happiness First Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Happiness First Group Limited. You consider that The Happiness First Group Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of The Happiness First Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. MA Partners LLP Chartered Accountants 7 The Close Norwich Norfolk NR1 4DJ 15 September 2025 Page 1
THE HAPPINESS FIRST GROUP LIMITED REGISTERED NUMBER: 14278556 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 1,407,000 |  | 1,407,000
|  |  | 1,407,000 |  | 1,407,000
Creditors: amounts falling due within one year | 5 | (815,458) |  | (697,346) |
Net current liabilities |  |  | (815,458) |  | (697,346)
Total assets less current liabilities |  |  | 591,542 |  | 709,654
Creditors: amounts falling due after more than one year | 6 |  | (557,500) |  | (637,500)
Net assets |  |  | 34,042 |  | 72,154
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 120,000 |  | 120,000
Profit and loss account |  |  | (85,958) |  | (47,846)
|  |  | 34,042 |  | 72,154
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 16 July 2025.
H J Leech
Director
The notes on pages 4 to 6 form part of these financial statements. Page 2
THE HAPPINESS FIRST GROUP LIMITED REGISTERED NUMBER: 14278556 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2024 Page 3
THE HAPPINESS FIRST GROUP 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. It is both incorporated and domiciled in England and Wales. The registered office is 2 Millennium Plain, Norwich, Norfolk, NR2 1TF. The company is a holding company. The principal place of business is Norwich, Norfolk. 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 | 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.
| 2.3 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.4 | 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 number of employees during the year was Nil.
Page 4
THE HAPPINESS FIRST GROUP 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 | 1,407,000
| At 31 December 2024 | 1,407,000
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 729,051 | 585,959
| Other creditors | 80,000 | 105,000
| Accruals and deferred income | 6,407 | 6,387
|  | 815,458 | 697,346
6. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other creditors | 557,500 | 637,500
|  | 557,500 | 637,500
Page 5
THE HAPPINESS FIRST GROUP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
7. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 84,000 Ordinary 'A' shares of £1.00 each | 84,000 | 84,000
|  | 36,000 Ordinary 'B' shares of £1.00 each | 36,000 | 36,000
|  |  | 120,000 | 120,000
8. | Contingent liabilities
Under the agreement with Miss E V Groves and Mr D K Groves, The Happiness First Group Limited is party to an inter-company guarantee dated 8 December 2022 with Indigo Swan Limited. As at 31 December 2024 this amounted to £637,500 (2023: £742,500).
Page 6