Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31true2022-01-01falseThe principal activity of the company continued to be that of a holding company11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09714039 2022-01-01 2022-12-31 09714039 2021-01-01 2021-12-31 09714039 2022-12-31 09714039 2021-12-31 09714039 c:Director1 2022-01-01 2022-12-31 09714039 d:CurrentFinancialInstruments 2022-12-31 09714039 d:CurrentFinancialInstruments 2021-12-31 09714039 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09714039 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 09714039 d:ShareCapital 2022-12-31 09714039 d:ShareCapital 2021-12-31 09714039 d:RetainedEarningsAccumulatedLosses 2022-12-31 09714039 d:RetainedEarningsAccumulatedLosses 2021-12-31 09714039 c:OrdinaryShareClass1 2022-01-01 2022-12-31 09714039 c:OrdinaryShareClass1 2022-12-31 09714039 c:OrdinaryShareClass1 2021-12-31 09714039 c:FRS102 2022-01-01 2022-12-31 09714039 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09714039 c:FullAccounts 2022-01-01 2022-12-31 09714039 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 09714039 d:Associate2 2022-01-01 2022-12-31 09714039 d:Associate2 1 2022-01-01 2022-12-31 09714039 d:Associate3 2022-01-01 2022-12-31 09714039 d:Associate3 1 2022-01-01 2022-12-31 09714039 d:ShareCapitalOtherShareTypes 2022-12-31 09714039 d:ShareCapitalOtherShareTypes 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09714039














CREAM LONDON LTD

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
CREAM LONDON LTD
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 5


 
CREAM LONDON LTD
REGISTERED NUMBER:09714039

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
841
841

  
841
841

Current assets
  

Debtors: amounts falling due within one year
 5 
92,836
-

  
92,836
-

Creditors: amounts falling due within one year
 6 
(6,181)
(11,464)

Net current assets/(liabilities)
  
 
 
86,655
 
 
(11,464)

Total assets less current liabilities
  
87,496
(10,623)

  

Net assets/(liabilities)
  
87,496
(10,623)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
87,396
(10,723)

  
87,496
(10,623)


1

 
CREAM LONDON LTD
REGISTERED NUMBER:09714039
    
BALANCE SHEET (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 her 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 profit and loss account 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: 




E T Bishti
Director

Date: 24 October 2023

The notes on pages 3 to 5 form part of these financial statements.

2

 
CREAM LONDON LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Cream London Ltd is a private company, limited by shares, registered in England and Wales, registration number 09714039. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The principal activity of the company 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 presentational currency is pound sterling.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in profit and loss account 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 corporation 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.

 
2.3

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.5

Creditors

Short-term creditors are measured at the transaction price.

3

 
CREAM LONDON LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.6

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 related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2021 - 1).


4.


Fixed asset investments





Investments in associates

£



Cost


At 1 January 2022
841



At 31 December 2022
841






Net book value



At 31 December 2022
841



At 31 December 2021
841


Associates


The following were associates of the company:


Name

Registered office

Principal activity

Class of shares

Holding

Strong Arm Holdings Limited
United Kingdom
Holding of club and restaurant license
Ordinary
35%
Ootf Limited
United Kingdom
Operating a public house
Ordinary
48%


5.


Debtors

2022
2021
£
£


Other debtors
92,836
-


4

 
CREAM LONDON LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
2,010
-

Other creditors
1,681
9,454

Accruals
2,490
2,010

6,181
11,464



7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



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



8.


Related party transactions

As at the year end, the company owed £Nil (2021 - £1,681) to the director. The loan is interest free and repayable on demand.

 
5