Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false 3 2024-04-01 false No description of principal activity 3 true true 08432819 2024-04-01 2025-03-31 08432819 2023-04-01 2024-03-31 08432819 2025-03-31 08432819 2024-03-31 08432819 c:CompanySecretary1 2024-04-01 2025-03-31 08432819 c:Director1 2024-04-01 2025-03-31 08432819 c:Director2 2024-04-01 2025-03-31 08432819 c:Director3 2024-04-01 2025-03-31 08432819 c:RegisteredOffice 2024-04-01 2025-03-31 08432819 d:CurrentFinancialInstruments 2025-03-31 08432819 d:CurrentFinancialInstruments 2024-03-31 08432819 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 08432819 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08432819 d:ShareCapital 2025-03-31 08432819 d:ShareCapital 2024-03-31 08432819 d:SharePremium 2025-03-31 08432819 d:SharePremium 2024-03-31 08432819 d:RetainedEarningsAccumulatedLosses 2025-03-31 08432819 d:RetainedEarningsAccumulatedLosses 2024-03-31 08432819 c:OrdinaryShareClass1 2024-04-01 2025-03-31 08432819 c:OrdinaryShareClass1 2025-03-31 08432819 c:OrdinaryShareClass1 2024-03-31 08432819 c:OrdinaryShareClass2 2024-04-01 2025-03-31 08432819 c:OrdinaryShareClass2 2025-03-31 08432819 c:OrdinaryShareClass2 2024-03-31 08432819 c:FRS102 2024-04-01 2025-03-31 08432819 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08432819 c:FullAccounts 2024-04-01 2025-03-31 08432819 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08432819 6 2024-04-01 2025-03-31 08432819 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08432819 FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED CONTENTS
| Page
Company information | 1
Balance sheet | 2 - 3
Notes to the financial statements | 4 - 8
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED COMPANY INFORMATION
Directors | S Conway
| M Brodin
| P Hawksworth
Company secretary | S Conway
Registered number | 08432819
Registered office | 10 Gloucester Place
| Portman Square
| London
| W1U 8EZ
Accountants | Blick Rothenberg Limited
| Chartered Accountants
| 16 Great Queen Street
| Covent Garden
| London
| WC2B 5AH
Page 1
|  | REGISTERED NUMBER:08432819
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 1 |  | 1
|  |  | 1 |  | 1
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 2,940,049 |  | 3,149,657 |
Cash at bank |  | 4,136 |  | 2,181 |
|  | 2,944,185 |  | 3,151,838 |
Creditors: amounts falling due within one year | 6 | (2,023,278) |  | (2,235,049) |
Net current assets |  |  | 920,907 |  | 916,789
Total assets less current liabilities |  |  | 920,908 |  | 916,790
Net assets |  |  | 920,908 |  | 916,790
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 100 |  | 100
Share premium account |  |  | 653,410 |  | 653,410
Profit and loss account |  |  | 267,398 |  | 263,280
Total equity |  |  | 920,908 |  | 916,790
Page 2
|  | REGISTERED NUMBER:08432819
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED 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 were approved and authorised for issue by the board and were signed on its behalf by:
S Conway
Director
Date: 31 October 2025
The notes on pages 4 to 8 form part of these financial statements. Page 3
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Future Energy Solutions Lighting Holdings Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office is 10 Gloucester Place, Portman Square, London, W1U 8EZ. The financial statement are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 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 following principal accounting policies have been applied:
| 2.2 | Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
| 2.3 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.4 | Cash at bank and in hand
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Page 4
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Financial instruments
The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments. Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. The company’s policies for its major classes of financial assets and financial liabilities are set out below. Financial assets Basic financial assets, including cash and bank balances and intercompany financing are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Financial liabilities Basic financial liabilities, including other creditors, and loans from fellow group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Impairment of financial assets Financial assets 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. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date. For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. Page 5
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued) Derecognition of financial assets and financial liabilities Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Offsetting of financial assets and financial liabilities Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| 2.6 | Financial liabilities and equity
Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form.
| 2.7 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. 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. Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Page 6
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
The company has no employees other than the directors, who did not receive any remuneration (2024 - £nil).
4. | Fixed asset investments
|  | Investments in subsidiary company
|  | £
| Cost |
| At 1 April 2024 | 1
| At 31 March 2025 | 1
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 2,940,049 | 3,149,657
| All amounts are due within one year. The company has given an undertaking not to call for receivables unless group undertakings have sufficient funds in excess of their working capital requirements in order for repayments to be made.
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | - | 210,621
| Other creditors | 1,877,528 | 1,877,528
| Accruals and deferred income | 145,750 | 146,900
|  | 2,023,278 | 2,235,049
| Included within other creditors is the interest accrued on a shareholder loan which is unsecured, bears no interest and is due for repayment within one year.
Page 7
FUTURE ENERGY SOLUTIONS LIGHTING HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 9,900 (2024 - 9,900) A Ordinary shares of £0.01 each | 99 | 99
|  | 100 (2024 - 100) B Ordinary shares of £0.01 each | 1 | 1
|  |  | 100 | 100
| 'A' and 'B' ordinary shares rank pari passu on winding up of the company. All terms associated with each share type including voting rights are the same except that the 'B' ordinary shares are non-dilutable upon future isse of additional 'A' ordinary shares or any other type of share capital.
8. | Related party transactions
| The company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are a wholly owned part of the group. The interest included as accrued interest payable was £1,877,528 (2024 - £1,877,528) at 31 March 2025.
9. | Controlling party
The controlling party is Mr A Lyons.
Page 8