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Registered number: 14673608










THIRTY NINE AND D LIMITED










DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

 
THIRTY NINE AND D LIMTIED
 
 
COMPANY INFORMATION


Director
J Chaya 




Registered number
14673608



Registered office
14th Floor
33 Cavendish Square

London

W1G 0PW






Independent auditors
Sumer Auditco Limited

14th Floor

33 Cavendish Square

London

W1G 0PW





 
THIRTY NINE AND D LIMTIED
 

CONTENTS



Page
Director's report
 
 
1 - 2
Independent auditors' report
 
 
3 - 6
Profit and loss account
 
 
7
Balance sheet
 
 
8
Notes to the financial statements
 
 
9 - 11


 
THIRTY NINE AND D LIMTIED
 
 
 
DIRECTOR'S REPORT
FOR THE PERIOD ENDED 30 JUNE 2025

The director presents his report and the financial statements for the period ended 30 June 2025.

Director's responsibilities statement

The director is responsible for preparing the Director's report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the director is required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable him to ensure that the financial statements comply with the Companies Act 2006He is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Principal activity

The company's principal activity is that a of holding company, with the principal activity of  investments carrying out research and development in the lighting, design and manufacture sector

Director

The director who served during the period was:

J Chaya 

Disclosure of information to auditors

The director at the time when this Director's report is approved has confirmed that:
 
so far as  is aware, there is no relevant audit information of which the Company's auditors are unaware, and

 has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

Auditors

The auditorsSumer Auditco Limitedwill be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

Page 1

 
THIRTY NINE AND D LIMTIED
 
 
 
DIRECTOR'S REPORT (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2025

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.
 





J Chaya
Director
Date: 26 June 2026

Page 2

 
THIRTY NINE AND D LIMTIED
 
 
 
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THIRTY NINE AND D LIMTIED
 

Opinion


We have audited the financial statements of Thirty Nine and D Limtied (the 'Company') for the period ended 30 June 2025, which comprise the Profit and loss account, the Balance sheet and the related notes, including a summary of significant accounting policiesThe financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).


In our opinion the financial statements:


give a true and fair view of the state of the Company's affairs as at 30 June 2025 and of its result for the period then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion


We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.


Conclusions relating to going concern


In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.


Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.


Our responsibilities and the responsibilities of the director with respect to going concern are described in the relevant sections of this report.


Page 3

 
THIRTY NINE AND D LIMTIED
 
 
 
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THIRTY NINE AND D LIMTIED (CONTINUED)


Other information


The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The director is responsible for the other information contained within the Annual ReportOur opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006
 

In our opinion, based on the work undertaken in the course of the audit:


the information given in the Director's report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
the Director's report has been prepared in accordance with applicable legal requirements.


Matters on which we are required to report by exception
 

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Director's report.


We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:


adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of director's remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the director was not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Director's report and from the requirement to prepare a Strategic report.


Responsibilities of directors
 

As explained more fully in the Director's responsibilities statement set out on page 1, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.


In preparing the financial statements, the director is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
Page 4

 
THIRTY NINE AND D LIMTIED
 
 
 
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THIRTY NINE AND D LIMTIED (CONTINUED)



Auditors' responsibilities for the audit of the financial statements
 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.


Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In order to identify and assess the risks of material misstatements, including fraud and non-compliance with laws and regulations that could be expected to have a material impact on the financial statements, we have
considered:
the results of our enquiries of management and those charged with governance of their assessment of the risks of fraud and irregularities;
the nature of the company, including its management structure and control systems (including the 
opportunity for management to override such controls);
management’s incentives and opportunities for fraudulent manipulation of the financial statements 
including the company’s remuneration and bonus policies and performance targets; and the industry and 
environment in which it operates.
 
We also considered UK tax and pension legislation and laws and regulations relating to employment and the
preparation and presentation of the financial statements such as the Companies Act 2006.

Based on this understanding we identified the following matters as being of significance to the entity:
laws and regulations considered to have a direct effect on the financial statements including UK financial 
reporting standards, Company Law and tax legislation;
management bias in selecting accounting policies and determining estimates;
inappropriate journal entries; and
the requirement to impair investments and the amount of any such impairment.

We communicated the outcomes of these discussions and enquiries, as well as consideration as to where and
how fraud may occur in the entity, to all engagement team members Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud and non-compliance with laws and regulations)
comprised:
enquiries of management and those charged with governance as to whether the entity complies with such 
laws and regulations;
inspection of relevant legal correspondence;
assessment of matters reported to management and the result of the subsequent investigation;
obtaining an understanding of the relevant controls during the period;
identifying and testing journal entries;
reviewing the financial statements for compliance with the relevant disclosure requirements;
performing analytical procedures to identify any unusual or unexpected relationships or unexpected 
movements in account balances which may be indicative of fraud;
reviewing correspondence with HMRC
evaluating the underlying business reasons for any unusual transactions; and
considered the implementation of controls during the year.
Page 5

 
THIRTY NINE AND D LIMTIED
 
 
 
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THIRTY NINE AND D LIMTIED (CONTINUED)




A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.


Use of our report
 

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.





James Hallett ACA (Senior statutory auditor)
  
for and on behalf of
Sumer Auditco Limited
 
Statutory Auditors
  
14th Floor
33 Cavendish Square
London
W1G 0PW

26 June 2026
Page 6

 
THIRTY NINE AND D LIMTIED
 
 
PROFIT AND LOSS ACCOUNT
FOR THE PERIOD ENDED 30 JUNE 2025

The Company has not traded during the period or the preceding financial year. During these periods, the Company received no income and incurred no expenditure and therefore made neither profit or loss


  

Amounts written off investments
  

Profit before tax
  

  

The Company has not traded during the period or the preceding financial year. During these periods, the Company received no income and incurred no expenditure and therefore made neither profit or loss.

Page 7

 
THIRTY NINE AND D LIMTIED
REGISTERED NUMBER: 14673608

BALANCE SHEET
AS AT 30 JUNE 2025

30 June
Restated 31 December
2025
2024
Note

Fixed assets
  

Investments
 4 
208,671
208,671

  
208,671
208,671

  

Creditors: amounts falling due within one year
 5 
(184,546)
(184,546)

Net current liabilities
  
 
 
(184,546)
 
 
(184,546)

Total assets less current liabilities
  
24,125
24,125

  

Net assets
  
24,125
24,125


Capital and reserves
  

Called up share capital 
 6 
24,125
24,125

  
24,125
24,125


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 on 26 June 2026.




J Chaya
Director

The notes on pages 9 to 11 form part of these financial statements.

Page 8

 
THIRTY NINE AND D LIMTIED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025

1.


General information

The company is a private company limited by shares, and is incorporated in England and Wales. The address of its registered office is 14th Floor, 33 Cavendish Square, London, United Kingdom, W1G 0PW.

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.

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is Euros.

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 except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.3

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.4

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 1 (2024 - 1).

Page 9

 
THIRTY NINE AND D LIMTIED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025

4.


Fixed asset investments








Investments in associates




Cost or valuation


At 1 January 2025 (as restated)
208,671



At 30 June 2025
208,671





5.


Creditors: Amounts falling due within one year

30 June
31 December
2025
2024

Amounts owed to group undertakings
184,546
184,546



6.


Share capital

30 June
31 December
2025
2024
Allotted, called up and fully paid



20,000 (2024 - 20,000) Ordinary shares of £1.00 each
24,125
24,125



7.


Prior year adjustment

During the year, management reassessed the accounting treatment of its investment in Thirty Nine and D and concluded that it should be accounted for using the cost model. As a result, the share of profits recognised in 2024 has been reversed and the investment has been restated at cost.

Accordingly, a prior period adjustment has been recorded to reverse the previously recognised share of profits, with a corresponding adjustment to retained earnings of €54,046.

Page 10

 
THIRTY NINE AND D LIMTIED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2025

8.


Controlling party

The smallest group for which consolidated financial statements are prepared which include the results of this company is that headed by PSLab Holding Limited, whose registered office is 14th Floor 33 Cavendish Square, London, W1G 0PW.

Page 11