Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 No description of principal activity 2023-12-04 false true true false 15327859 2023-12-03 15327859 2023-12-04 2025-03-31 15327859 2023-04-01 2023-12-03 15327859 2025-03-31 15327859 c:Director2 2023-12-04 2025-03-31 15327859 d:CurrentFinancialInstruments 2025-03-31 15327859 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 15327859 d:ShareCapital 2025-03-31 15327859 d:RetainedEarningsAccumulatedLosses 2025-03-31 15327859 c:FRS102 2023-12-04 2025-03-31 15327859 c:AuditExempt-NoAccountantsReport 2023-12-04 2025-03-31 15327859 c:FullAccounts 2023-12-04 2025-03-31 15327859 c:PrivateLimitedCompanyLtd 2023-12-04 2025-03-31 15327859 2 2023-12-04 2025-03-31 15327859 e:PoundSterling 2023-12-04 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 15327859 MOMENTUM FINANCE GROUP SPV2 LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
MOMENTUM FINANCE GROUP SPV2 LIMITED REGISTERED NUMBER: 15327859 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025
Note |  | £
Current assets |  |  |
Debtors: amounts falling due within one year | 4 | 1,265,613 |
Cash at bank and in hand | 5 | 15,700 |
|  | 1,281,313 |
Creditors: amounts falling due within one year | 6 | (1,278,164) |
Net current assets |  |  | 3,149
Total assets less current liabilities |  |  | 3,149
Net assets |  |  | 3,149
Capital and reserves |  |  |
Called up share capital |  |  | 1
Profit and loss account |  |  | 3,148
|  |  | 3,149
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 period 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 on 6 November 2025.
Damian Slingsby
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
MOMENTUM FINANCE GROUP SPV2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
1. | General information
The company is a private limited company, which is incorporated and registered in England (registration number: 15327859). The address of the registered office is Hub 26 Office 207 Lawrence House, Riverside Drive, Cleckheaton, England, BD19 4DH. 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 | 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, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred. Page 2
MOMENTUM FINANCE GROUP SPV2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | 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.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | 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 monthly number of employees, including directors, during the period was 2.
4. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Trade debtors | 3,049
| Other debtors | 1,215,000
| Prepayments and accrued income | 47,564
|  | 1,265,613
Page 3
MOMENTUM FINANCE GROUP SPV2 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
5. | Cash and cash equivalents
|  |  |  |  | 2025
|  |  |  |  | £
| Cash at bank and in hand | 15,700
|  | 15,700
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Bank loans | 460,000
| Corporation tax | 739
| Other creditors | 770,550
| Accruals and deferred income | 46,875
|  | 1,278,164
Page 4