Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01false1No description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14218020 2024-01-01 2024-12-31 14218020 2022-07-06 2023-12-31 14218020 2024-12-31 14218020 2023-12-31 14218020 c:Director1 2024-01-01 2024-12-31 14218020 c:Director1 2024-12-31 14218020 c:RegisteredOffice 2024-01-01 2024-12-31 14218020 d:CurrentFinancialInstruments 2024-12-31 14218020 d:CurrentFinancialInstruments 2023-12-31 14218020 d:Non-currentFinancialInstruments 2024-12-31 14218020 d:Non-currentFinancialInstruments 2023-12-31 14218020 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14218020 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14218020 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 14218020 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 14218020 d:ShareCapital 2024-12-31 14218020 d:ShareCapital 2023-12-31 14218020 d:RetainedEarningsAccumulatedLosses 2024-12-31 14218020 d:RetainedEarningsAccumulatedLosses 2023-12-31 14218020 c:FRS102 2024-01-01 2024-12-31 14218020 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14218020 c:FullAccounts 2024-01-01 2024-12-31 14218020 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14218020 2 2024-01-01 2024-12-31 14218020 6 2024-01-01 2024-12-31 14218020 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 14218020







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024


TRUE NORTH PLANET LTD






































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TRUE NORTH PLANET LTD
 


 
COMPANY INFORMATION


Director
Xiaozhou Ju (appointed 6 July 2022)




Registered number
14218020



Registered office
4th Floor
95 Gresham Street

London

EC2V 7AB




Accountants
Menzies LLP
Chartered Accountants

4th Floor

95 Gresham Street

London

EC2V 7AB




 


TRUE NORTH PLANET LTD
REGISTERED NUMBER:14218020



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
18
15

  
18
15

Current assets
  

Debtors: amounts falling due after more than one year
 5 
1,512,219
645,975

Debtors: amounts falling due within one year
 5 
29,956
17,618

Cash at bank and in hand
  
10,392
39,713

  
1,552,567
703,306

Creditors: amounts falling due within one year
 6 
(178,697)
(16,094)

Net current assets
  
 
 
1,373,870
 
 
687,212

Total assets less current liabilities
  
1,373,888
687,227

Creditors: amounts falling due after more than one year
 7 
(913,884)
(685,975)

  

Net assets
  
460,004
1,252


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
459,904
1,152

  
460,004
1,252


Page 1
 


TRUE NORTH PLANET LTD
REGISTERED NUMBER:14218020


    
STATEMENT OF FINANCIAL POSITION (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 her 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: 




Xiaozhou Ju
Director

Date: 30 September 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2
 


TRUE NORTH PLANET LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

True North Planet Ltd is a private company, limited by shares, registered in England and Wales, company registration number 14218020. The registered office is stated on the company information page. There is no principle place of business.

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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

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.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

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 income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.6

Valuation of investments

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 income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.


3.


Employees

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

Page 3
 


TRUE NORTH PLANET LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 January 2024
15


Additions
300


Disposals
(297)



At 31 December 2024
18




There is a fixed charge over the £3 investment held in Wimbledon Park Limited in relation to a Murabaha facility provided to Wimbledon Park Limited. 

Page 4
 


TRUE NORTH PLANET LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Due from related undertakings
1,512,219
645,975

1,512,219
645,975


2024
2023
£
£

Due within one year

Other debtors
-
100

Prepayments and accrued income
29,956
17,518

29,956
17,618



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
330
-

Corporation tax
152,918
270

Other creditors
9
-

Accruals and deferred income
25,440
15,824

178,697
16,094



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts due to group undertakings
913,884
685,975

913,884
685,975


 
Page 5