Caseware UK (AP4) 2020.0.247 2020.0.247 2020-08-31 2020-08-31 2021-05-26 true 2019-09-01 Holding company 4 false false 4 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10911848 2019-09-01 2020-08-31 10911848 2018-09-01 2019-08-31 10911848 2020-08-31 10911848 2019-08-31 10911848 c:Director4 2019-09-01 2020-08-31 10911848 d:CurrentFinancialInstruments 2020-08-31 10911848 d:CurrentFinancialInstruments d:WithinOneYear 2020-08-31 10911848 d:ShareCapital 2019-09-01 2020-08-31 10911848 d:ShareCapital 2020-08-31 10911848 d:ShareCapital 2019-08-31 10911848 d:SharePremium 2019-09-01 2020-08-31 10911848 d:SharePremium 2020-08-31 10911848 d:SharePremium 2019-08-31 10911848 d:RetainedEarningsAccumulatedLosses 2019-09-01 2020-08-31 10911848 d:RetainedEarningsAccumulatedLosses 2020-08-31 10911848 d:RetainedEarningsAccumulatedLosses 2019-08-31 10911848 c:OrdinaryShareClass1 2019-09-01 2020-08-31 10911848 c:OrdinaryShareClass1 2020-08-31 10911848 c:OrdinaryShareClass1 2019-08-31 10911848 c:OrdinaryShareClass2 2019-09-01 2020-08-31 10911848 c:OrdinaryShareClass2 2020-08-31 10911848 c:OrdinaryShareClass2 2019-08-31 10911848 c:FRS102 2019-09-01 2020-08-31 10911848 c:AuditExempt-NoAccountantsReport 2019-09-01 2020-08-31 10911848 c:FullAccounts 2019-09-01 2020-08-31 10911848 c:PrivateLimitedCompanyLtd 2019-09-01 2020-08-31 10911848 6 2019-09-01 2020-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number:  10911848










EMERDATA LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2020

 
EMERDATA LIMITED
REGISTERED NUMBER:  10911848

BALANCE SHEET
AS AT  31 AUGUST 2020

2020
Note
£
   

Investments
 4 
-

   
-

   

Creditors: amounts falling due within one year
 5 
(14,453 )

Net current liabilities
   
 
 
(14,453 )

Total assets less current liabilities
   
(14,453 )

   

Net liabilities
   
(14,453 )

Capital and reserves
   

Called up share capital 
 6 
2,717,907

Share premium account
   
15,590,028

Profit and loss account
   
(18,322,388 )

   
(14,453 )


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 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 on 26 May 2021 .




Jacquelyn James-Varga
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 1

 
EMERDATA LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED  31 AUGUST 2020


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£

At 1 September 2019
2,717,907
15,590,028
(18,315,735 )
(7,800 )


Comprehensive income for the period

Loss for the period

-
-
(6,653 )
(6,653 )


Other comprehensive income for the period
-
-
-
-


Total comprehensive income for the period
-
-
(6,653 )
(6,653 )
-
-
-
-


At 31 August 2020
2,717,907
15,590,028
(18,322,388 )
(14,453 )


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
EMERDATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2020

General information

Emerdata Limited is a private company limited by shares, incorporated in England and Wales. The principal place of business and the registered office is: Griffin Law, 60 Churchill Square, Kings Hill, West Malling, ME19 4YU. Its principal activity is that of a holding company.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Going concern

All of the company's subsidiaries entered liquidation in a previous year therefore it is possible the company will cease to trade and wind up within 12 months of approval of the financial statements.
Therefore, the financial statements have been prepared on a basis other than that of a going concern. As a result, assets have been recognised at their recoverable amounts and full provision has been made for any liabilities. 

2.3

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.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.5

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.

Page 3

 
EMERDATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2020

2. Accounting policies (continued)

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. 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.

2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

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 Profit and loss account.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a 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.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 4

 
EMERDATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2020
The average monthly number of employees, including directors, during the period was  4  (2019 -  4 ) .

Page 5

 
EMERDATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2020




Investments in subsidiary companies

£



Cost or valuation


At 1 September 2019
11,090,723



At 31 August 2020

11,090,723



Impairment


At 1 September 2019
11,090,723



At 31 August 2020

11,090,723



Net book value



At 31 August 2020
-



Page 6

 
EMERDATA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2020
2020
£

Other creditors
11,153

Accruals and deferred income
3,300

14,453


2020
2019
£
£
Allotted, called up and fully paid



1,876,233  (2019 -  1,876,233 )   Ordinary  shares of £ 1.00  each
1,876,233
1,876,233
841,674  (2019 -  841,674 )   Preference  shares of £ 1.00  each
841,674
841,674

2,717,907

2,717,907

 
Page 7