Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31falseNo description of principal activity2022-02-012The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2true 11307140 2022-02-01 2023-01-31 11307140 2021-02-01 2022-01-31 11307140 2023-01-31 11307140 2022-01-31 11307140 c:Director2 2022-02-01 2023-01-31 11307140 d:FreeholdInvestmentProperty 2023-01-31 11307140 d:FreeholdInvestmentProperty 2022-01-31 11307140 d:CurrentFinancialInstruments 2023-01-31 11307140 d:CurrentFinancialInstruments 2022-01-31 11307140 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 11307140 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 11307140 d:ShareCapital 2023-01-31 11307140 d:ShareCapital 2022-01-31 11307140 d:RetainedEarningsAccumulatedLosses 2023-01-31 11307140 d:RetainedEarningsAccumulatedLosses 2022-01-31 11307140 c:FRS102 2022-02-01 2023-01-31 11307140 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 11307140 c:FullAccounts 2022-02-01 2023-01-31 11307140 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 11307140









MACKERYE CAPITAL PARTNERS LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
MACKERYE CAPITAL PARTNERS LIMITED
REGISTERED NUMBER: 11307140

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
412,988
412,988

  
412,988
412,988

Current assets
  

Cash at bank and in hand
 5 
2,539
1,997

  
2,539
1,997

Creditors: amounts falling due within one year
 6 
(382,346)
(388,228)

Net current liabilities
  
 
 
(379,807)
 
 
(386,231)

Total assets less current liabilities
  
33,181
26,757

  

Net assets
  
33,181
26,757


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
33,081
26,657

  
33,181
26,757


Page 1

 
MACKERYE CAPITAL PARTNERS LIMITED
REGISTERED NUMBER: 11307140
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 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 by: 




................................................
Mrs S K Meyer
Director

Date: 26 October 2023

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

Page 2

 
MACKERYE CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Mackerye Capital Partners Limited is a private company limited by shares. The company is registered in England and Wales and its registered office is Aston House, Cornwall Avenue, London, United Kingdom, N3 1LF. The company registration number is 11307140.

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

Taxation

Tax is recognised in the 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.

 
2.4

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

 
MACKERYE CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


Employees

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


4.


Investment property


Freehold investment property

£



Valuation


At 1 February 2022
412,988



At 31 January 2023
412,988

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





Page 4

 
MACKERYE CAPITAL PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,539
1,997

2,539
1,997



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
1,507
2,040

Other creditors
380,839
386,188

382,346
388,228



7.


Transactions with directors

Included in other creditors is an amount of £380,765 (2022: £386,115) owed to the directors of the company. This loan is interest free and repayable on demand. 

 
Page 5