Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-311No description of principal activity2022-02-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14163437 2022-01-31 14163437 2022-02-01 2023-01-31 14163437 2021-02-01 2022-01-31 14163437 2023-01-31 14163437 c:Director1 2022-02-01 2023-01-31 14163437 d:CurrentFinancialInstruments 2023-01-31 14163437 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 14163437 d:ShareCapital 2023-01-31 14163437 c:FRS102 2022-02-01 2023-01-31 14163437 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 14163437 c:FullAccounts 2022-02-01 2023-01-31 14163437 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 14163437 6 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 14163437









SKYLARK RC LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2023

 
SKYLARK RC LIMITED
REGISTERED NUMBER: 14163437

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
£

Fixed assets

Investments
6

6


Creditors: amounts falling due within one year
(5)

Net current (liabilities)/assets
 
 
(5)

Total assets less current liabilities
1


Net assets
1


Capital and reserves

Called up share capital 
1

1


Page 1

 
SKYLARK RC LIMITED
REGISTERED NUMBER: 14163437
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2023

The director considers 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 director acknowledges his 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 2 October 2023.




R Cuthbert
Director

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

Page 2

 
SKYLARK RC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

1.


General information

Skylark RC Limited is a private company limited by shares and incorporated in England and Wales (registered number 14163437).
The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The principal activity of the company continued to be that of an investment company.
The financial statements are presented in Sterling, which is the functional currency of the 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 following principal accounting policies have been applied:

 
2.2

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
SKYLARK RC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, 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 Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
6



At 31 January 2023
6




Page 4

 
SKYLARK RC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2023

5.


Creditors: Amounts falling due within one year

2023
£

Other creditors
5

5


 
Page 5