Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 false false true true 2023-12-11 2 15341984 2023-12-10 15341984 2023-12-11 2024-12-31 15341984 2022-12-11 2023-12-10 15341984 2024-12-31 15341984 c:Director1 2023-12-11 2024-12-31 15341984 d:CurrentFinancialInstruments 2024-12-31 15341984 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15341984 d:ShareCapital 2024-12-31 15341984 d:RetainedEarningsAccumulatedLosses 2024-12-31 15341984 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 15341984 c:OrdinaryShareClass1 2023-12-11 2024-12-31 15341984 c:OrdinaryShareClass1 2024-12-31 15341984 c:FRS102 2023-12-11 2024-12-31 15341984 c:Audited 2023-12-11 2024-12-31 15341984 c:FullAccounts 2023-12-11 2024-12-31 15341984 c:PrivateLimitedCompanyLtd 2023-12-11 2024-12-31 15341984 c:SmallCompaniesRegimeForAccounts 2023-12-11 2024-12-31 15341984 6 2023-12-11 2024-12-31 15341984 e:PoundSterling 2023-12-11 2024-12-31 15341984 d:ShareCapitalOrdinaryShares 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15341984 ERSKINE INVESTMENTS LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 DECEMBER 2024
ERSKINE INVESTMENTS LIMITED REGISTERED NUMBER: 15341984 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024
Note |  | £
Fixed assets |  |  |
Investments | 4 |  | 299,135
|  |  | 299,135
Current assets |  |  |
Current asset investments | 5 | 39,400,137 |
Cash and cash equivalents | 6 | 2,628,792 |
|  | 42,028,929 |
Creditors: amounts falling due within one year | 7 | (40,726,749) |
Net current assets |  |  | 1,302,180
Total assets less current liabilities |  |  | 1,601,315
Provisions for liabilities |  |  |
Deferred tax | 8 |  | (589,936)
Net assets |  |  | 1,011,379
Capital and reserves |  |  |
Called up share capital | 9 |  | 100
Profit and loss account |  |  | 1,011,279
|  |  | 1,011,379
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 10 March 2026.
E C Spring
Director
The notes on pages 2 to 6 form part of these financial statements. 1
ERSKINE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
1. | General information
The principal activity of the company is that of the management of current and fixed asset investments for the group. The company is a private company, limited by shares registered in England and Wales. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. These financial statements represent the period from incorporation on 11 December 2023 to 31 December 2024. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is pound sterling. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of comprehensive income within movements in current asset investments or administrative expenses. All other foreign exchange gains and losses are presented in profit or loss within administrative expenses. 2
ERSKINE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.3 | Taxation
The tax expense for the period comprises current and deferred tax. 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. 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.4 | Valuation of investments
Investments in other fixed asset investments 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.
| 2.5 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.6 | 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.
| 2.7 | Creditors
Short-term creditors are measured at the transaction price. 3
ERSKINE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.8 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors and balances with group undertakings. Debt instruments that are payable or receivable within one year, typically trade and other 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 statement of comprehensive income.
3. | Employees
| The average monthly number of employees, including directors, during the period was 2.
4. | Fixed asset investments
|  | Other fixed asset investments
|  | £
| Cost |
| Additions | 299,135
| At 31 December 2024 | 299,135
5. | Current asset investments
|  |  |  |  | 2024
|  |  |  |  | £
| Listed investments | 27,066,341
| Short-term deposits | 12,333,796
|  | 39,400,137
4
ERSKINE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
6. | Cash and cash equivalents
|  |  |  |  | 2024
|  |  |  |  | £
| Cash equivalents | 2,628,792
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2024
|  |  |  |  | £
| Amounts owed to group undertakings | 32,889,541
| Corporation tax | 74,607
| Other creditors | 7,729,851
| Accruals and deferred income | 32,750
|  | 40,726,749
8. | Deferred taxation
|  | 2024
|  | £
| Charged to the profit and loss account | 589,936
| At end of year | 589,936
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2024
|  |  |  |  | £
| Capital gains | 589,936
5
ERSKINE INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
9. | Share capital
|  |  |  |  | 2024
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 100 ordinary shares of £1.00 each | 100
On incorporation, 100 ordinary shares of £1 each were issued at par. There is a single class of ordinary shares. There are no restrictions on the distribution of dividends and the repayment of capital.
10. | Related party transactions
| No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35. The parent of the smallest group for which consolidated accounts are drawn up of which this company is a member is Erskine Records Limited, a company registered in England and Wales, whose registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
11. | Auditor's information
The auditor's report provided to the members of Erskine Investments Limited on the financial statements for the period ended 31 December 2024 was not qualified. The audit report was signed on 10 March 2026 by Richard Gilbert (Senior Statutory Auditor) on behalf of SRLV Audit Limited, Chartered Accountants and Statutory Auditor.
6