Caseware UK (AP4) 2021.0.152 2021.0.152 2021-11-302021-11-30false2020-12-014Buying and selling of own real estate4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01198077 2020-12-01 2021-11-30 01198077 2019-12-01 2020-11-30 01198077 2021-11-30 01198077 2020-11-30 01198077 c:Director2 2020-12-01 2021-11-30 01198077 d:CurrentFinancialInstruments 2021-11-30 01198077 d:CurrentFinancialInstruments 2020-11-30 01198077 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 01198077 d:CurrentFinancialInstruments d:WithinOneYear 2020-11-30 01198077 d:ShareCapital 2021-11-30 01198077 d:ShareCapital 2020-11-30 01198077 d:RetainedEarningsAccumulatedLosses 2020-12-01 2021-11-30 01198077 d:RetainedEarningsAccumulatedLosses 2021-11-30 01198077 d:RetainedEarningsAccumulatedLosses 2020-11-30 01198077 c:FRS102 2020-12-01 2021-11-30 01198077 c:AuditExempt-NoAccountantsReport 2020-12-01 2021-11-30 01198077 c:FullAccounts 2020-12-01 2021-11-30 01198077 c:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 iso4217:GBP xbrli:pure

Registered number: 01198077









CUMSHAW LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2021

 
CUMSHAW LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 4


 
CUMSHAW LIMITED
REGISTERED NUMBER: 01198077

BALANCE SHEET
AS AT 30 NOVEMBER 2021

2021
2021
2020
2020
                                                                           Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
300,000
300,000

Cash at bank and in hand
 5 
4,638
6,201

  
304,638
306,201

Creditors: amounts falling due within one year
 6 
(2,820)
(2,820)

Net current assets
  
 
 
301,818
 
 
303,381

Total assets less current liabilities
  
301,818
303,381

  

Net assets
  
301,818
303,381


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
 7 
301,718
303,281

  
301,818
303,381


Page 1

 
CUMSHAW LIMITED
REGISTERED NUMBER: 01198077
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2021

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 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 30 June 2022.




D G Mattey
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
CUMSHAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1.


General information

Cumshaw Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 01198077. The address of the registered office is Lawrence House, Goodwyn Avenue, Mill Hill, London, NW7 3RH. The principal activity of the company is that of property investment.

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 judgement in applying the Company's accounting policies.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Stocks

Unsold properties held for resale are stated at the lower of cost and net realisable value, Cost includes all ancillary expenses of the purchase. Sums received for lease period extensions are deducted from the original cost where the company owns the relevant freehold reversions. The value of the freehold properties carried forward is nil and the sums received from lease extensions and freehold sales are credited directly to the profit and loss account.

 
2.3

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.

 
2.4

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 ordinary shares.

Page 3

 
CUMSHAW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2020 - 4).


4.


Debtors

2021
2020
£
£


Other debtors
300,000
300,000

300,000
300,000



5.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
4,638
6,201

4,638
6,201



6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Accruals and deferred income
2,820
2,820

2,820
2,820



7.


Reserves

Profit & loss account

The profit and loss account represents cumulative distributable profits and losses net of dividends and other adjustments.

 
Page 4