Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-31 2022-12-31 1 2022-01-01 false No description of principal activity 1 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10400047 2022-01-01 2022-12-31 10400047 2021-01-01 2021-12-31 10400047 2022-12-31 10400047 2021-12-31 10400047 c:Director1 2022-01-01 2022-12-31 10400047 d:FreeholdInvestmentProperty 2022-01-01 2022-12-31 10400047 d:FreeholdInvestmentProperty 2022-12-31 10400047 d:FreeholdInvestmentProperty 2021-12-31 10400047 d:CurrentFinancialInstruments 2022-12-31 10400047 d:CurrentFinancialInstruments 2021-12-31 10400047 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10400047 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 10400047 d:ShareCapital 2022-12-31 10400047 d:ShareCapital 2021-12-31 10400047 d:RetainedEarningsAccumulatedLosses 2022-12-31 10400047 d:RetainedEarningsAccumulatedLosses 2021-12-31 10400047 c:OrdinaryShareClass1 2022-01-01 2022-12-31 10400047 c:OrdinaryShareClass1 2022-12-31 10400047 c:OrdinaryShareClass1 2021-12-31 10400047 c:FRS102 2022-01-01 2022-12-31 10400047 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 10400047 c:FullAccounts 2022-01-01 2022-12-31 10400047 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 10400047 2 2022-01-01 2022-12-31 10400047 6 2022-01-01 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10400047 MASHIM LONDON LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2022
MASHIM LONDON LIMITED REGISTERED NUMBER: 10400047 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2022
|  | 2022 |  | 2021
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 212,501 |  | -
Investment property | 5 |  | 7,092,786 |  | 3,151,655
|  |  | 7,305,287 |  | 3,151,655
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 1,166,185 |  | 580,622 |
Cash at bank and in hand | 7 | 1,584,342 |  | 45,000 |
|  | 2,750,527 |  | 625,622 |
Creditors: amounts falling due within one year | 8 | (9,648,984) |  | (3,643,345) |
Net current liabilities |  |  | (6,898,457) |  | (3,017,723)
Total assets less current liabilities |  |  | 406,830 |  | 133,932
Net assets |  |  | 406,830 |  | 133,932
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 5 |  | 5
Profit and loss account |  |  | 406,825 |  | 133,927
|  |  | 406,830 |  | 133,932
Page 1
MASHIM LONDON LIMITED REGISTERED NUMBER: 10400047 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2022 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 year 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 3 October 2023.
M M Shipman
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
MASHIM LONDON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1. | General information
Mashim (London) Limited is a private company limited by shares and incorporated in England & Wales (registered number 10400047). The registered office is 101 New Cavendish Street, 1st Floor South, W1W 6XH. 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: 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.
| 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 | 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. Page 3
MASHIM LONDON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 2.Accounting policies (continued)
| 2.6 | 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 reporting 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 reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2021 - 1).
4. | Fixed asset investments
|  | Unlisted investments
|  | £
| Cost or valuation |
| Additions | 212,501
| At 31 December 2022 | 212,501
Page 4
MASHIM LONDON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 January 2022 | 3,151,655
| Additions at cost | 3,941,131
| At 31 December 2022 | 7,092,786
6. | Debtors
|  |  |  |  | 2022 | 2021
|  |  |  |  | £ | £
| Other debtors | 1,110,621 | 580,622
| Prepayments and accrued income | 55,564 | -
|  | 1,166,185 | 580,622
7. | Cash and cash equivalents
|  |  |  |  | 2022 | 2021
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,584,342 | 45,000
|  | 1,584,342 | 45,000
Page 5
MASHIM LONDON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2022 | 2021
|  |  |  |  | £ | £
| Trade creditors | - | 1,616
| Corporation tax | 71,487 | 7,475
| Other taxation and social security | 13,352 | 5,004
| Other creditors | 9,434,283 | 3,589,750
| Accruals and deferred income | 129,862 | 39,500
|  | 9,648,984 | 3,643,345
9. | Share capital
|  |  |  |  | 2022 | 2021
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 5 (2021 - 5) Ordinary share shares of £1.00 each | 5 | 5
10. | Related party transactions
| Included within creditors is an amount of £9,254,284 (2021: £3,409,751) due to the director.
Page 6