Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31trueHolding company2022-06-01false33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12487265 2022-06-01 2023-05-31 12487265 2021-06-01 2022-05-31 12487265 2023-05-31 12487265 2022-05-31 12487265 c:Director1 2022-06-01 2023-05-31 12487265 d:CurrentFinancialInstruments 2023-05-31 12487265 d:CurrentFinancialInstruments 2022-05-31 12487265 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12487265 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 12487265 d:ShareCapital 2023-05-31 12487265 d:ShareCapital 2022-05-31 12487265 d:RetainedEarningsAccumulatedLosses 2023-05-31 12487265 d:RetainedEarningsAccumulatedLosses 2022-05-31 12487265 c:FRS102 2022-06-01 2023-05-31 12487265 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 12487265 c:FullAccounts 2022-06-01 2023-05-31 12487265 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 12487265 6 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 12487265










GORE PATERSON LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

 
GORE PATERSON LTD
REGISTERED NUMBER: 12487265

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022 restated
Note
£
£

Fixed assets
  

Investments
 4 
120,000
120,000

Current assets
  

Debtors: amounts falling due within one year
 5 
15,228
15,217

Cash at bank and in hand
  
572
583

Creditors: amounts falling due within one year
  
(55,700)
(55,700)

Net current liabilities
  
 
 
(39,900)
 
 
(39,900)

Total assets less current liabilities
  
80,100
80,100

  

Net assets
  
80,100
80,100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
80,000
80,000

  
80,100
80,100


Page 1

 
GORE PATERSON LTD
REGISTERED NUMBER: 12487265
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

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 on 29 September 2023.





M J Fisher
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
GORE PATERSON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Gore Paterson Limited is a private Company limited by share, incorporated in England and Wales (registered number: 12487265). Its registered office is 2 Ashgate Road, Chesterfield, S40 4AA. The principal activity of the Company throughout the year continued to be that of a holding 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 Company's functional and presentation currency is pounds sterling.
                                                                                                                                                            The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 3

 
GORE PATERSON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2022
120,000



At 31 May 2023
120,000





5.


Debtors

2023
2022
£
£


Castle Street Garage Limited
15,228
15,217



6.


Prior year adjustment

During the preparation of the accounts, a fundamental error in 2022 year's accounts was identified. This
related to the incorrect dividends from investments being use in the prior years accounts. A prior year adjustment has been made in these accounts to recoginise the additional dividend income. 

 
Page 4