Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 No description of principal activity false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false true true 2 2024-04-01 2 10328728 2024-04-01 2025-03-31 10328728 2023-04-01 2024-03-31 10328728 2025-03-31 10328728 2024-03-31 10328728 c:Director1 2024-04-01 2025-03-31 10328728 d:CurrentFinancialInstruments 2025-03-31 10328728 d:CurrentFinancialInstruments 2024-03-31 10328728 d:Non-currentFinancialInstruments 2025-03-31 10328728 d:Non-currentFinancialInstruments 2024-03-31 10328728 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 10328728 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 10328728 d:ShareCapital 2025-03-31 10328728 d:ShareCapital 2024-03-31 10328728 c:OrdinaryShareClass1 2024-04-01 2025-03-31 10328728 c:OrdinaryShareClass1 2025-03-31 10328728 c:OrdinaryShareClass1 2024-03-31 10328728 c:FRS102 2024-04-01 2025-03-31 10328728 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10328728 c:FullAccounts 2024-04-01 2025-03-31 10328728 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10328728 6 2024-04-01 2025-03-31 10328728 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10328728 EL HOLDCO 2 LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
EL HOLDCO 2 LIMITED REGISTERED NUMBER: 10328728 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  |  |  | As restated
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 5 |  | 20 |  | 20
|  |  | 20 |  | 20
Current assets |  |  |  |  |
Debtors: amounts falling due after more than one year | 6 | 1 |  | 1 |
|  | 1 |  | 1 |
Creditors: amounts falling due within one year | 7 | (20) |  | (20) |
Net current liabilities |  |  | (19) |  | (19)
Total assets less current liabilities |  |  | 1 |  | 1
Net assets |  |  | 1 |  | 1
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 1 |  | 1
|  |  | 1 |  | 1
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EL HOLDCO 2 LIMITED REGISTERED NUMBER: 10328728 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025 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 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 by:
B Lansman
Director
Date: 7 July 2025
The notes on pages 3 to 6 form part of these financial statements. Page 2
EL HOLDCO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
EL Holdco 2 Limited is a private company limited by shares and incorporated in England & Wales (registered number: 10328728). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH, and the principal place of business address is 14-16 Great Pulteney Street, London, W1F 9ND. The principal activity of the company continued to be that of an investment company. The financial statements are presented in Sterling, 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 have evaluated current and forecasted operational results, and the solvency of the company. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis. Accordingly the directors have continued to prepare the financial statements on the going concern basis. Page 3
EL HOLDCO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | Valuation of investments
Voluntary Change in Accounting Policy The company voluntarily changed its accounting policy for investments in subsidiaries. This change has been applied retrospectively in accordance with FRS 102. Nature of the Change Until the year ended 31 March 2024 the Company measured investments in subsidiary undertakings at fair value, recognising revaluation movements in other comprehensive income. From 1 April 2024 the Company measures such investments at historic cost less impairment. Reason for the Change The Company has adopted the historic-cost-less-impairment model because it aligns the carrying amounts of its subsidiary investments with their paid-up (nominal) values, eliminates unrealised revaluation surpluses to provide a more stable and reliable measure that better reflects the Group’s long-term strategic ownership. Effect of the Change The change in policy has resulted in a reduction in the carrying value of investments to their original cost (nominal value), less any impairment. The policy has been applied retrospectively to the earliest period presented. The impact on each financial statement line item is as follows: Investments in subsidiaries: Decreased by £1,324,558 in the prior year. No changes in the current year. Retained earnings / reserves: Decreased by the same amount in the previous year, no changes in the current year.
| 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. | Judgments in applying accounting policies and key sources of estimation uncertainty
In the application of the Company's accounting policies, which are described in note 2, management is required to make judgments, estimates and assumptions about the carrying values of assets and the liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revisions affect only that period, or in the period of the revisions and future periods if the revision affects both current and future periods. Page 4
EL HOLDCO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
5. | Fixed asset investments
|  | Investments in associates
|  | £
| Cost or valuation |
| At 1 April 2024 | 20
| At 31 March 2025 | 20
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Other debtors | 1 | 1
|  | 1 | 1
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 20 | 20
|  | 20 | 20
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2024 - 1) Ordinary shares share of £1.00 | 1 | 1
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EL HOLDCO 2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Controlling party
The immediate parent entity is FPC Income & Growth PLC, a public company limited by shares incorporated in England and Wales (registered number: 11494690). The registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
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