Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06528930 2022-04-01 2023-03-31 06528930 2021-04-01 2022-03-31 06528930 2023-03-31 06528930 2022-03-31 06528930 c:CompanySecretary1 2022-04-01 2023-03-31 06528930 c:Director1 2022-04-01 2023-03-31 06528930 c:RegisteredOffice 2022-04-01 2023-03-31 06528930 d:CurrentFinancialInstruments 2023-03-31 06528930 d:CurrentFinancialInstruments 2022-03-31 06528930 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06528930 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 06528930 d:ShareCapital 2023-03-31 06528930 d:ShareCapital 2022-03-31 06528930 d:RetainedEarningsAccumulatedLosses 2023-03-31 06528930 d:RetainedEarningsAccumulatedLosses 2022-03-31 06528930 c:OrdinaryShareClass1 2022-04-01 2023-03-31 06528930 c:OrdinaryShareClass1 2023-03-31 06528930 c:OrdinaryShareClass1 2022-03-31 06528930 c:FRS102 2022-04-01 2023-03-31 06528930 c:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06528930 c:FullAccounts 2022-04-01 2023-03-31 06528930 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06528930 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-04-01 2023-03-31 06528930 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-03-31 06528930 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2022-03-31 06528930 2 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06528930










S.M.L. KINGSTON MRICS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
S.M.L. KINGSTON MRICS LIMITED
 
 
COMPANY INFORMATION


Director
Mr S M L Kingston 




Company secretary
Mrs L J Kingston



Registered number
06528930



Registered office
7 The Close

Norwich

Norfolk

NR1 4DJ




Accountants
MA Partners LLP
Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ





 
S.M.L. KINGSTON MRICS LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 6


 
S.M.L. KINGSTON MRICS LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF S.M.L. KINGSTON MRICS LIMITED
FOR THE YEAR ENDED 31 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of S.M.L. Kingston MRICS Limited for the year ended 31 March 2023 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of S.M.L. Kingston MRICS Limited in accordance with the terms of our engagement letter dated 17 October 2023Our work has been undertaken solely to prepare for your approval the financial statements of S.M.L. Kingston MRICS Limited  and state those matters that we have agreed to state to the director of S.M.L. Kingston MRICS Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S.M.L. Kingston MRICS Limited and its director for our work or for this report. 

It is your duty to ensure that S.M.L. Kingston MRICS Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of S.M.L. Kingston MRICS Limited. You consider that S.M.L. Kingston MRICS Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of S.M.L. Kingston MRICS Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
1 November 2023
Page 1

 
S.M.L. KINGSTON MRICS LIMITED
REGISTERED NUMBER: 06528930

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
365,662
361,647

Cash at bank and in hand
  
129,626
111,072

  
495,288
472,719

Creditors: amounts falling due within one year
 5 
(48,215)
(56,146)

Net current assets
  
 
 
447,073
 
 
416,573

Total assets less current liabilities
  
447,073
416,573

  

Net assets
  
447,073
416,573


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
446,973
416,473

  
447,073
416,573


Page 2

 
S.M.L. KINGSTON MRICS LIMITED
REGISTERED NUMBER: 06528930
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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 his 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 on 26 October 2023.




Mr S M L Kingston
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
S.M.L. KINGSTON MRICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

S.M.L. Kingston MRICS Limited is a private company, limited by shares, incorporated and domiciled in England and Wales. The registered office is 7 The Close, Norwich, Norfolk, England NR1 4DJ. The Company's principal place of business is Norwich, Norfolk.
The Company's principal activity is 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 following principal accounting policies have been applied:

 
2.2

Turnover

Turnover represents the company's share of the profits of the partnership Roche Chartered Surveyors. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
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

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.

Page 4

 
S.M.L. KINGSTON MRICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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 and loans to related parties.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
207,663
199,854

Other debtors
157,999
161,793

365,662
361,647


Page 5

 
S.M.L. KINGSTON MRICS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
45,433
53,510

Other creditors
57
56

Accruals and deferred income
2,725
2,580

48,215
56,146



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



7.


Transactions with directors

During the year, the director was advanced £157,721 and repaid £156,915 in respect of a loan from the Company. As at 31 March 2023, the director's loan account was overdrawn by £148,736 (2022 - £147,930). 

The loan is repayable is demand and included within other debtors in note 4 of the financial statements. 


8.


Related party transactions

During the year, close family members of the directors were advanced £6,000 and repaid £10,600 in respect of loans from the Company. As at 31 March 2023, the company was owed £2,570 (2022 -  £7,170).
 
These loans are repayable on demand and are included in other debtors in note 4, and other creditors in note 5, of the financial statements.

 
Page 6