Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31Development of building projects002021-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetruetrue 08531316 2021-01-01 2021-12-31 08531316 2020-01-01 2020-12-31 08531316 2021-12-31 08531316 2020-12-31 08531316 c:Director1 2021-01-01 2021-12-31 08531316 d:CurrentFinancialInstruments 2021-12-31 08531316 d:CurrentFinancialInstruments 2020-12-31 08531316 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 08531316 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 08531316 d:ShareCapital 2021-12-31 08531316 d:ShareCapital 2020-12-31 08531316 d:RetainedEarningsAccumulatedLosses 2021-12-31 08531316 d:RetainedEarningsAccumulatedLosses 2020-12-31 08531316 c:FRS102 2021-01-01 2021-12-31 08531316 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 08531316 c:FullAccounts 2021-01-01 2021-12-31 08531316 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 08531316 6 2021-01-01 2021-12-31 08531316 2 2021-12-31 08531316 2 2020-12-31 iso4217:GBP xbrli:pure

Registered number: 08531316










CHARCO 2014 LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

 
CHARCO 2014 LIMITED
REGISTERED NUMBER: 08531316

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

  

Investments
 4 
-
-

Current assets
  

Debtors: amounts falling due within one year
 5 
506,312
1,106,574

Cash at bank and in hand
  
21,028
1,124,967

  
527,340
2,231,541

Creditors: amounts falling due within one year
 6 
(22,050)
(96,941)

Net current assets
  
 
 
505,290
 
 
2,134,600

  

Net assets
  
505,290
2,134,600


Capital and reserves
  

Called up share capital 
  
49,000
49,000

Profit and loss account
  
456,290
2,085,600

  
505,290
2,134,600


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 income and retained earnings 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 9 September 2022.

A C Lavery
Director

The notes on pagges 5 to 6 form part of these financial statements.

Page 1

 
CHARCO 2014 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Charco 2014 Limited is a private company limited by shares, incorporated in England and Wales (registered number: 08531316). Its' registered office is the Estate Office, Edensor, Bakewell, Derbyshire, DE45 1PJ. The principal activity of the Company throughout the year continued to be that of property development carried out in partnership with others.

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 Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted private partnerships, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition offinancial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, 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, 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 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 2

 
CHARCO 2014 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current 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.


3.


Employees

The average monthly number of employees during the year was 0 (2020 - 0). The directors do not have employment contracts with the company and are not paid for their role.

Page 3

 
CHARCO 2014 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 January 2021
2,934,592



At 31 December 2021

2,934,592



Impairment


At 1 January 2021
2,934,592



At 31 December 2021

2,934,592



Net book value



At 31 December 2021
-



At 31 December 2020
-

Page 4

 
CHARCO 2014 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

5.


Debtors

2021
2020
£
£


Amounts owed by group undertakings
506,311
659,774

Other debtors
1
446,800

506,312
1,106,574



6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Amounts owed to related undertakings
17,135
-

Corporation tax
2,917
73,018

Accruals and deferred income
1,998
23,923

22,050
96,941


 
Page 5