Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-3122022-01-01falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13569656 2022-01-01 2022-12-31 13569656 2021-08-17 2021-12-31 13569656 2022-12-31 13569656 2021-12-31 13569656 c:Director3 2022-01-01 2022-12-31 13569656 d:Buildings d:ShortLeaseholdAssets 2022-01-01 2022-12-31 13569656 d:Buildings d:ShortLeaseholdAssets 2022-12-31 13569656 d:Buildings d:ShortLeaseholdAssets 2021-12-31 13569656 d:FurnitureFittings 2022-01-01 2022-12-31 13569656 d:FurnitureFittings 2022-12-31 13569656 d:FurnitureFittings 2021-12-31 13569656 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 13569656 d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 13569656 d:CurrentFinancialInstruments 2022-12-31 13569656 d:CurrentFinancialInstruments 2021-12-31 13569656 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13569656 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 13569656 d:ShareCapital 2022-12-31 13569656 d:ShareCapital 2021-12-31 13569656 d:RetainedEarningsAccumulatedLosses 2022-12-31 13569656 d:RetainedEarningsAccumulatedLosses 2021-12-31 13569656 c:OrdinaryShareClass1 2022-01-01 2022-12-31 13569656 c:OrdinaryShareClass1 2022-12-31 13569656 c:OrdinaryShareClass1 2021-12-31 13569656 c:FRS102 2022-01-01 2022-12-31 13569656 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 13569656 c:FullAccounts 2022-01-01 2022-12-31 13569656 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13569656









Q P12 (SOUTHWARK STREET) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
Q P12 (SOUTHWARK STREET) LIMITED
REGISTERED NUMBER: 13569656

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,499
1,767

  
11,499
1,767

Current assets
  

Debtors: amounts falling due within one year
 5 
265,789
138,917

  
265,789
138,917

Creditors: amounts falling due within one year
 6 
(254,236)
(122,655)

Net current assets
  
 
 
11,553
 
 
16,262

Total assets less current liabilities
  
23,052
18,029

  

Net assets
  
23,052
18,029


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
22,952
17,929

  
23,052
18,029


Page 1

 
Q P12 (SOUTHWARK STREET) LIMITED
REGISTERED NUMBER: 13569656
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

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 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 by: 




C Campion
Director

Date: 29 September 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
Q P12 (SOUTHWARK STREET) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Q P12 (Southwark Street) Limited is a private Limited company limited by shares and incorporated in England & Wales (registered number 13569656). The registered office is 101 New Cavendish Street, 1st Floor South, London, England, 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

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the directors consider it appropriate to prepare the financial statements 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:

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.

 
2.4

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.

Page 3

 
Q P12 (SOUTHWARK STREET) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
Fixtures and fittings
-
25%
Straight line method

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.

 
2.5

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.

 
2.6

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.


3.


Employees

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

Page 4

 
Q P12 (SOUTHWARK STREET) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Tangible fixed assets





Short-term leasehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 January 2022
-
1,927
1,927


Additions
9,289
4,451
13,740



At 31 December 2022

9,289
6,378
15,667



Depreciation


At 1 January 2022
-
160
160


Charge for the Year on owned assets
3,143
865
4,008



At 31 December 2022

3,143
1,025
4,168



Net book value



At 31 December 2022
6,146
5,353
11,499



At 31 December 2021
-
1,767
1,767

Page 5

 
Q P12 (SOUTHWARK STREET) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5.


Debtors

2022
2021
£
£


Amounts owed by group undertakings
194,337
79,224

Other debtors
71,359
51,225

Prepayments and accrued income
93
8,468

265,789
138,917



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
91,685
40,650

Amounts owed to group undertakings
122,176
75,077

Accruals and deferred income
40,375
6,928

254,236
122,655



7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6