Caseware UK (AP4) 2025.0.111 2025.0.111 2025-03-31 2025-03-31 true holding company false 2024-04-01 false 0 0 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12167187 2024-04-01 2025-03-31 12167187 2023-04-01 2024-03-31 12167187 2025-03-31 12167187 2024-03-31 12167187 c:Director1 2024-04-01 2025-03-31 12167187 c:Director2 2024-04-01 2025-03-31 12167187 c:RegisteredOffice 2024-04-01 2025-03-31 12167187 d:CurrentFinancialInstruments 2025-03-31 12167187 d:CurrentFinancialInstruments 2024-03-31 12167187 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12167187 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12167187 d:ShareCapital 2025-03-31 12167187 d:ShareCapital 2024-03-31 12167187 d:RetainedEarningsAccumulatedLosses 2025-03-31 12167187 d:RetainedEarningsAccumulatedLosses 2024-03-31 12167187 c:OrdinaryShareClass1 2024-04-01 2025-03-31 12167187 c:OrdinaryShareClass1 2025-03-31 12167187 c:OrdinaryShareClass1 2024-03-31 12167187 c:FRS102 2024-04-01 2025-03-31 12167187 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12167187 c:FullAccounts 2024-04-01 2025-03-31 12167187 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12167187 6 2024-04-01 2025-03-31 12167187 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12167187 MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED CONTENTS
| Page
Company information | 1
Balance sheet | 2
Notes to the financial statements | 3 - 8
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED COMPANY INFORMATION
Directors | S Conway
| L Simon
Registered number | 12167187
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:12167187
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 5 |  | 1,606,422 |  | 1,201,306
Creditors: amounts falling due within one year | 6 | (1,634,322) |  | (1,225,006) |
Net current liabilities |  |  | (1,634,322) |  | (1,225,006)
Net liabilities |  |  | (27,900) |  | (23,700)
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 100 |  | 100
Profit and loss account |  |  | (28,000) |  | (23,800)
Net deficit |  |  | (27,900) |  | (23,700)
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:
S Conway
Director
Date: 26 March 2026
The notes on pages 3 to 8 form part of these financial statements. Page 2
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Matterhorn Capital Maidenhead No5 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 statements 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 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 | Exemption from preparing consolidated financial statements
The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.
| 2.3 | Going concern
The financial statements have been prepared on a going concern basis notwithstanding the fact that the company has a deficiency on total equity at the end of the year. The directors consider this basis to be appropriate as the company has received a letter of financial support from its director confirming that financial support will continue for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. The directors have also received confirmation from its parent undertaking that repayment of any funds made, or will make, to the company will not be demanded until such time as the company has sufficient funds.
| 2.4 | Share capital
Ordinary shares are classified as equity.
| 2.5 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Page 3
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | 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 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 trade and 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. Page 4
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
|  | Financial instruments (continued)
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. 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. Page 5
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 revision affects only that period, or in the period of the revision and future period if the revision affects both current and future periods. Impairments of investments and loans to subsidiaries The carrying amount of the company's investments and loans to subsidiaries are reviewed on a periodic basis. In determining whether there is a need for a provision, the director is required to determine his best estimate of the future expected cash flows, whilst considering historical experience and current trends.
4. | Employees
| The average monthly number of employees, including directors, during the year was 0 (2024 - 0).
Page 6
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Fixed asset investments
|  | Investments in subsidiary companies | Loans to subsidiaries | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 April 2024 | 52 | 1,556,541 | 1,556,593
| Additions | - | 485,116 | 485,116
| At 31 March 2025 | 52 | 2,041,657 | 2,041,709
| Impairment |  |  |
| At 1 April 2024 | - | 355,287 | 355,287
| Charge for the period | - | 80,000 | 80,000
| At 31 March 2025 | - | 435,287 | 435,287
| Net book value |  |  |
| At 31 March 2025 | 52 | 1,606,370 | 1,606,422
| At 31 March 2024 | 52 | 1,201,254 | 1,201,306
6. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 4,200 | 3,000
| Other creditors | 1,625,922 | 1,217,806
| Accruals | 4,200 | 4,200
|  | 1,634,322 | 1,225,006
7. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 10,000 (2024 - 10,000) Ordinary shares of £0.01 each | 100 | 100
Page 7
MATTERHORN CAPITAL MAIDENHEAD NO5 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Related party transactions
| The company had the following disclosable transactions with related parties in accordance with Section 33 of FRS102: Other creditors include loans of £1,592,286 (2024:£1,184,170) from companies that have significant influence over the company and £28,636(2024:£28,636) from individuals connected with the director. These loans are unsecured, do not bear interest and have no formal terms of repayment.
Page 8