Caseware UK (AP4) 2021.0.152 2021.0.152 2022-08-312022-08-31true2false2021-09-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity2 03620659 2021-09-01 2022-08-31 03620659 2020-09-01 2021-08-31 03620659 2022-08-31 03620659 2021-08-31 03620659 c:Director1 2021-09-01 2022-08-31 03620659 d:FreeholdInvestmentProperty 2022-08-31 03620659 d:FreeholdInvestmentProperty 2021-08-31 03620659 d:CurrentFinancialInstruments 2022-08-31 03620659 d:CurrentFinancialInstruments 2021-08-31 03620659 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 03620659 d:CurrentFinancialInstruments d:WithinOneYear 2021-08-31 03620659 d:ShareCapital 2022-08-31 03620659 d:ShareCapital 2021-08-31 03620659 d:RetainedEarningsAccumulatedLosses 2022-08-31 03620659 d:RetainedEarningsAccumulatedLosses 2021-08-31 03620659 c:OrdinaryShareClass1 2021-09-01 2022-08-31 03620659 c:OrdinaryShareClass1 2022-08-31 03620659 c:OrdinaryShareClass1 2021-08-31 03620659 c:FRS102 2021-09-01 2022-08-31 03620659 c:AuditExempt-NoAccountantsReport 2021-09-01 2022-08-31 03620659 c:FullAccounts 2021-09-01 2022-08-31 03620659 c:PrivateLimitedCompanyLtd 2021-09-01 2022-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03620659









153 CAMBRIDGE STREET LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2022

 
153 CAMBRIDGE STREET LIMITED
REGISTERED NUMBER: 03620659

BALANCE SHEET
AS AT 31 AUGUST 2022

2022
2021
Note
£
£

Fixed assets
  

Investment property
 4 
13,016
13,016

  
13,016
13,016

Current assets
  

Cash at bank and in hand
 5 
377
377

  
377
377

Creditors: amounts falling due within one year
 6 
(25,748)
(24,909)

Net current liabilities
  
 
 
(25,371)
 
 
(24,532)

Total assets less current liabilities
  
(12,355)
(11,516)

  

Net liabilities
  
(12,355)
(11,516)


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
(12,357)
(11,518)

  
(12,355)
(11,516)


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 by: 




................................................
M Ljungman
Page 1

 
153 CAMBRIDGE STREET LIMITED
REGISTERED NUMBER: 03620659
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2022

Director

Date: 13 September 2022

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
153 CAMBRIDGE STREET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022

1.


General information

153 Cambridge Street Limited is a private company limited by shares. The company is incorporated in England and Wales and the address of registered office is Aston House, Cornwall Avenue, London, N3 1LF. The company registered number is 03620659.

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 following principal accounting policies have been applied:

 
2.2

Going concern

The director and shareholders will continue supporting the company to meet its working capital requirement and obligations. On this basis the director has prepared the accounts on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

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.

 
2.6

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.

 
2.7

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

 
153 CAMBRIDGE STREET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).


4.


Investment property


Freehold investment property

£



Valuation


At 1 September 2021
13,016



At 31 August 2022
13,016

The 2022 valuations were made by director, on an open market value for existing use basis.





5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
377
377

377
377



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
25,372
23,797

Accruals and deferred income
376
1,112

25,748
24,909


Page 4

 
153 CAMBRIDGE STREET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2022

7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



2 (2021 - 2) Ordinary shares of £1.00 each
2
2



8.


Transaction with directors

Included in other creditors is an amount of £25,372  (2021: £23,797) due to the director, M Ljungman. 
There are no fixed terms of interest or repayment in respect of this balance.

 
Page 5