Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false 2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07372128 2024-04-01 2025-03-31 07372128 2023-04-01 2024-03-31 07372128 2025-03-31 07372128 2024-03-31 07372128 2023-04-01 07372128 c:Director2 2024-04-01 2025-03-31 07372128 d:Goodwill 2025-03-31 07372128 d:Goodwill 2024-03-31 07372128 d:CurrentFinancialInstruments 2025-03-31 07372128 d:CurrentFinancialInstruments 2024-03-31 07372128 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07372128 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07372128 d:ShareCapital 2024-04-01 2025-03-31 07372128 d:ShareCapital 2025-03-31 07372128 d:ShareCapital 2023-04-01 2024-03-31 07372128 d:ShareCapital 2024-03-31 07372128 d:ShareCapital 2023-04-01 07372128 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 07372128 d:RetainedEarningsAccumulatedLosses 2025-03-31 07372128 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 07372128 d:RetainedEarningsAccumulatedLosses 2024-03-31 07372128 d:RetainedEarningsAccumulatedLosses 2023-04-01 07372128 c:OrdinaryShareClass1 2024-04-01 2025-03-31 07372128 c:OrdinaryShareClass1 2025-03-31 07372128 c:OrdinaryShareClass1 2024-03-31 07372128 c:OrdinaryShareClass2 2024-04-01 2025-03-31 07372128 c:OrdinaryShareClass2 2025-03-31 07372128 c:OrdinaryShareClass2 2024-03-31 07372128 c:OrdinaryShareClass3 2024-04-01 2025-03-31 07372128 c:OrdinaryShareClass3 2025-03-31 07372128 c:OrdinaryShareClass3 2024-03-31 07372128 c:OrdinaryShareClass4 2024-04-01 2025-03-31 07372128 c:OrdinaryShareClass4 2025-03-31 07372128 c:OrdinaryShareClass4 2024-03-31 07372128 c:FRS102 2024-04-01 2025-03-31 07372128 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07372128 c:FullAccounts 2024-04-01 2025-03-31 07372128 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07372128 6 2024-04-01 2025-03-31 07372128 d:Goodwill d:OwnedIntangibleAssets 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07372128 HCFPH LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
HCFPH LIMITED
CONTENTS
| Page
Balance sheet | 1 - 2
Statement of changes in equity | 3
Notes to the financial statements | 4 - 7
HCFPH LIMITED REGISTERED NUMBER:07372128
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 269,640 |  | 331,865
Investments | 5 |  | 100 |  | 100
|  |  | 269,740 |  | 331,965
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 2,889,372 |  | 2,634,526 |
|  | 2,889,372 |  | 2,634,526 |
Creditors: amounts falling due within one year | 7 | (3,144,914) |  | (2,948,470) |
Net current liabilities |  |  | (255,542) |  | (313,944)
Total assets less current liabilities |  |  | 14,198 |  | 18,021
Net assets |  |  | 14,198 |  | 18,021
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 100 |  | 100
Profit and loss account |  |  | 14,098 |  | 17,921
|  |  | 14,198 |  | 18,021
1
HCFPH LIMITED REGISTERED NUMBER:07372128
BALANCE SHEET (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 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:
................................................ K Simmonds
Director
Date: 2 June 2025
The notes on pages 4 to 7 form part of these financial statements. 2
HCFPH LIMITED
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 April 2023 | 100 | 21,475 | 21,575
Comprehensive income for the year |  |  |
Profit for the year | - | 324,641 | 324,641
Total comprehensive income for the year | - | 324,641 | 324,641
Dividends: Equity capital | - | (328,195) | (328,195)
Total transactions with owners | - | (328,195) | (328,195)
At 1 April 2024 | 100 | 17,921 | 18,021
Comprehensive income for the year |  |  |
Profit for the year | - | 192,676 | 192,676
Total comprehensive income for the year | - | 192,676 | 192,676
Dividends: Equity capital | - | (196,499) | (196,499)
Total transactions with owners | - | (196,499) | (196,499)
At 31 March 2025 | 100 | 14,098 | 14,198
| The notes on pages 4 to 7 form part of these financial statements.
3
HCFPH LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
HCFPH Limited is a private company, limited by shares, registered in England and Wales, registration number 07372128. The registered office is Elsley Court, 20-22 Great Titchfield Street, London W1W 8BE. The principal place of business is Ground Floor, 8 Beaumont Gate, Shenley Hill, Radlett, WD7 7AR. The principal activity of the company continued to be that of the provision of rights in its intangible assets to its subsidiary 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The company is not required to prepare consolidated accounts due to exemption under Companies Act 2006 section 383 applicable to small groups. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts. The following criteria must also be met before revenue is recognised: Fees receivable Fees are recognised in the accounting period in which the services are rendered. Dividend income Dividend income is recognised when the right to receive payment is established.
| 2.3 | Intangible assets
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the profit and loss account over its useful economic life.
| 2.4 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.5 | 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. 4
HCFPH LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans to or from related parties and investments in ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.
| 2.7 | Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including related party loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.8 | 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.
| 2.9 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
| 2.10 | 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 balance sheet date in the countries where the company operates and generates income.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
5
HCFPH LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2024 | 1,329,837
| At 31 March 2025 | 1,329,837
| Amortisation |
| At 1 April 2024 | 997,972
| Charge for the year on owned assets | 62,225
| At 31 March 2025 | 1,060,197
| Net book value |
| At 31 March 2025 | 269,640
| At 31 March 2024 | 331,865
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 100
| At 31 March 2025 | 100
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 2,889,031 | 2,634,526
| Prepayments | 341 | -
|  | 2,889,372 | 2,634,526
6
HCFPH LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 3,123,181 | 2,926,682
| Corporation tax | 19,468 | 19,550
| Other creditors | 605 | 605
| Accruals | 1,660 | 1,633
|  | 3,144,914 | 2,948,470
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 40 (2024 - 40) 'A1' ordinary shares of £1.00 each | 40 | 40
|  | 10 (2024 - 10) 'A2' ordinary shares of £1.00 each | 10 | 10
|  | 40 (2024 - 40) 'B1' ordinary shares of £1.00 each | 40 | 40
|  | 10 (2024 - 10) 'B2' ordinary shares of £1.00 each | 10 | 10
|  |  | 100 | 100
9. | Transactions with directors
As at 31 March 2025 the company owed the director £605 (2024 - £605). The loan is unsecured, interest free and repayable on demand.
10. | Related party transactions
| No discloure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.
7