Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-31 2023-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-03-01 false No description of principal activity 2 1 false true 13175066 2022-03-01 2023-03-31 13175066 2021-02-02 2022-02-28 13175066 2023-03-31 13175066 2022-02-28 13175066 c:Director1 2022-03-01 2023-03-31 13175066 d:FurnitureFittings 2022-03-01 2023-03-31 13175066 d:FurnitureFittings 2023-03-31 13175066 d:FurnitureFittings 2022-02-28 13175066 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-03-01 2023-03-31 13175066 d:OfficeEquipment 2022-03-01 2023-03-31 13175066 d:OfficeEquipment 2023-03-31 13175066 d:OfficeEquipment 2022-02-28 13175066 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-03-31 13175066 d:OwnedOrFreeholdAssets 2022-03-01 2023-03-31 13175066 d:CurrentFinancialInstruments 2023-03-31 13175066 d:CurrentFinancialInstruments 2022-02-28 13175066 d:Non-currentFinancialInstruments 2023-03-31 13175066 d:Non-currentFinancialInstruments 2022-02-28 13175066 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13175066 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 13175066 d:ShareCapital 2023-03-31 13175066 d:ShareCapital 2022-02-28 13175066 d:RetainedEarningsAccumulatedLosses 2023-03-31 13175066 d:RetainedEarningsAccumulatedLosses 2022-02-28 13175066 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 13175066 d:TaxLossesCarry-forwardsDeferredTax 2022-02-28 13175066 c:OrdinaryShareClass1 2022-03-01 2023-03-31 13175066 c:OrdinaryShareClass1 2023-03-31 13175066 c:OrdinaryShareClass1 2022-02-28 13175066 c:FRS102 2022-03-01 2023-03-31 13175066 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-03-31 13175066 c:FullAccounts 2022-03-01 2023-03-31 13175066 c:PrivateLimitedCompanyLtd 2022-03-01 2023-03-31 13175066 2 2022-03-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13175066 DRURYLANEPROPERTY INVESTMENTS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 MARCH 2023
DRURYLANEPROPERTY INVESTMENTS LTD REGISTERED NUMBER: 13175066 BALANCE SHEET AS AT 31 MARCH 2023
|  | 31 March |  | 28 February
|  | 2023 |  | 2022
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets |  |  | 5,883 |  | -
|  |  | 5,883 |  | -
Current assets |  |  |  |  |
Debtors: amounts falling due after more than one year | 5 | 31,813 |  | - |
Debtors: amounts falling due within one year | 5 | 7,796 |  | 5,579 |
Cash at bank and in hand | 6 | 24,968 |  | 18,453 |
|  | 64,577 |  | 24,032 |
Creditors: amounts falling due within one year | 7 | (11,332) |  | (5,786) |
Net current assets |  |  | 53,245 |  | 18,246
Total assets less current liabilities |  |  | 59,128 |  | 18,246
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (1,118) |  | - |
|  |  | (1,118) |  | -
Net assets |  |  | 58,010 |  | 18,246
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 2 |  | 1
Profit and loss account |  |  | 58,008 |  | 18,245
|  |  | 58,010 |  | 18,246
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 statement of income and retained earnings in accordance with provisions Page 1
DRURYLANEPROPERTY INVESTMENTS LTD REGISTERED NUMBER: 13175066 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2023 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 21 August 2023.
Thomas Patrick Atkinson
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
DRURYLANEPROPERTY INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023
1. | General information
Drury Lane Property Investments Limited is a private company limited by shares, registered in the United Kingdom number 13175066. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP. 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.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
DRURYLANEPROPERTY INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023 2.Accounting policies (continued)
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.5 | Current and deferred taxation
The tax expense for the period comprises current and deferred tax. 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. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 20% | Reducing Balance
|  |  |  | Office equipment | - | 20% | Reducing Balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 4
DRURYLANEPROPERTY INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | Provisions for liabilities
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance sheet.
3. | Employees
| The average monthly number of employees, including directors, during the period was 2 (2022 - 1).
Page 5
DRURYLANEPROPERTY INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023
4. | Tangible fixed assets
|  | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| Additions | 4,979 | 1,667 | 6,646
| At 31 March 2023 | 4,979 | 1,667 | 6,646
| Depreciation |  |  |
| Charge for the period on owned assets | 601 | 162 | 763
| At 31 March 2023 | 601 | 162 | 763
| Net book value |  |  |
| At 31 March 2023 | 4,378 | 1,505 | 5,883
| At 28 February 2022 | - | - | -
5. | Debtors
|  |  |  |  | 31 March | 28 February
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Due after more than one year |  |
| Other debtors | 31,813 | -
|  | 31,813 | -
|  |  |  |  | 31 March | 28 February
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Due within one year |  |
| Other debtors | 7,796 | 5,579
|  | 7,796 | 5,579
Page 6
DRURYLANEPROPERTY INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023
6. | Cash and cash equivalents
|  |  |  |  | 31 March | 28 February
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Cash at bank and in hand | 24,968 | 18,453
|  | 24,968 | 18,453
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 31 March | 28 February
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Trade creditors | 790 | -
| Corporation tax | 7,752 | 4,279
| Other taxation and social security | 691 | -
| Other creditors | - | 307
| Accruals and deferred income | 2,099 | 1,200
|  | 11,332 | 5,786
8. | Deferred taxation
|  | 2023
|  | £
| Charged to profit or loss | (1,118)
| At end of year | (1,118)
| The deferred taxation balance is made up as follows:
|  |  |  |  | 31 March | 28 February
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
| Tax losses carried forward | (1,118) | -
|  | (1,118) | -
Page 7
DRURYLANEPROPERTY INVESTMENTS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2023
9. | Share capital
|  |  |  |  | 31 March | 28 February
|  |  |  |  | 2023 | 2022
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2 (2022 - 1) Ordinary shares of £1.00 each | 2 | 1
During the period 1 ordinary share of £1 each were issued, called up and fully paid.
Page 8