Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31truetrue2022-01-01trueNo description of principal activity22 11051923 2022-01-01 2022-12-31 11051923 2021-01-01 2021-12-31 11051923 2022-12-31 11051923 2021-12-31 11051923 c:Director1 2022-01-01 2022-12-31 11051923 d:ShareCapital 2022-12-31 11051923 d:ShareCapital 2021-12-31 11051923 d:SharePremium 2022-12-31 11051923 d:SharePremium 2021-12-31 11051923 d:OtherMiscellaneousReserve 2022-12-31 11051923 d:OtherMiscellaneousReserve 2021-12-31 11051923 c:EntityHasNeverTraded 2022-01-01 2022-12-31 11051923 c:FRS102 2022-01-01 2022-12-31 11051923 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 11051923 c:FullAccounts 2022-01-01 2022-12-31 11051923 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11051923 6 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 11051923









WESTBOURNE PROPERTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
WESTBOURNE PROPERTY LIMITED
REGISTERED NUMBER: 11051923

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 3 
13,036,233
13,036,233

  
13,036,233
13,036,233

Current assets
  

Cash at bank and in hand
 4 
2
2

  
2
2

Total assets less current liabilities
  
 
 
13,036,235
 
 
13,036,235

  

Net assets
  
13,036,235
13,036,235


Capital and reserves
  

Called up share capital 
  
6
6

Share premium account
  
12,098,266
12,098,266

Other reserves
  
937,963
937,963

  
13,036,235
13,036,235


Page 1

 
WESTBOURNE PROPERTY LIMITED
REGISTERED NUMBER: 11051923
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

For the year ended 31 December 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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: 




R D Cowan
Director

Date: 23 October 2023

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

Page 2

 
WESTBOURNE PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Westbourne Property Limited is a private company, limited by shares, incorporated in England and Wales (registered number: 11051923). The registered office of the company is 101 New Cavendish Street, First Floor South London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the 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.

 
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. Given that the
company is in a net assets position the directors consider it appropriate to prepare the financial
statements on a going concern basis.
Accordingly the directors have continued to prepare the financial statements on the going concern
basis. 

 
2.3

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 Statement of Financial Position date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.4

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.

Page 3

 
WESTBOURNE PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2022
13,036,233



At 31 December 2022
13,036,233





4.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
2
2

2
2


Page 4