Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31222022-04-01falseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12468641 2022-04-01 2023-03-31 12468641 2021-04-01 2022-03-31 12468641 2023-03-31 12468641 2022-03-31 12468641 c:Director2 2022-04-01 2023-03-31 12468641 d:FreeholdInvestmentProperty 2023-03-31 12468641 d:FreeholdInvestmentProperty 2022-03-31 12468641 d:CurrentFinancialInstruments 2023-03-31 12468641 d:CurrentFinancialInstruments 2022-03-31 12468641 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12468641 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 12468641 d:ShareCapital 2023-03-31 12468641 d:ShareCapital 2022-03-31 12468641 d:RetainedEarningsAccumulatedLosses 2023-03-31 12468641 d:RetainedEarningsAccumulatedLosses 2022-03-31 12468641 c:FRS102 2022-04-01 2023-03-31 12468641 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12468641 c:FullAccounts 2022-04-01 2023-03-31 12468641 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12468641 2 2022-04-01 2023-03-31 12468641 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 12468641









WARMLEY INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
WARMLEY INVESTMENTS LIMITED
REGISTERED NUMBER: 12468641

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
  
245
-

Investment property
 5 
538,304
538,304

  
538,549
538,304

Current assets
  

Debtors: amounts falling due within one year
 6 
-
12,238

Cash at bank and in hand
 7 
32,753
22,823

  
32,753
35,061

Creditors: amounts falling due within one year
 8 
(499,277)
(527,877)

Net current liabilities
  
 
 
(466,524)
 
 
(492,816)

Total assets less current liabilities
  
72,025
45,488

  

Net assets
  
72,025
45,488


Capital and reserves
  

Called up share capital 
  
99
99

Profit and loss account
  
71,926
45,389

  
72,025
45,488


Page 1

 
WARMLEY INVESTMENTS LIMITED
REGISTERED NUMBER: 12468641
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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: 




Paula Grossmann
Director

Date: 17 October 2023

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

Page 2

 
WARMLEY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Warmley Investments Limited is private company, limited by shares and incorporated in England & Wales (registered number: 12468641).
The principal activity of the Company was property investment.
The presentational and functional currency of the Company is pound sterling.

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.

Page 3

 
WARMLEY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Taxation

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Page 4

 
WARMLEY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.11
Financial instruments (continued)



3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


Additions
245



At 31 March 2023
245





5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2022
538,304



At 31 March 2023
538,304

The 2023 valuations were made by the directors, on an open market value for existing use basis.




Page 5

 
WARMLEY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

6.


Debtors

2023
2022
£
£


Trade debtors
-
10,892

Prepayments and accrued income
-
1,346

-
12,238



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
32,753
22,823

32,753
22,823



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
386
-

Corporation tax
5,593
6,342

Other taxation and social security
1,101
1,751

Other creditors
480,819
509,406

Accruals and deferred income
11,378
10,378

499,277
527,877


 
Page 6