Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31truefalse2022-01-013The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3true 12037791 2022-01-01 2022-12-31 12037791 2021-01-01 2021-12-31 12037791 2022-12-31 12037791 2021-12-31 12037791 c:Director1 2022-01-01 2022-12-31 12037791 d:CurrentFinancialInstruments 2022-12-31 12037791 d:CurrentFinancialInstruments 2021-12-31 12037791 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12037791 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 12037791 d:ShareCapital 2022-12-31 12037791 d:ShareCapital 2021-12-31 12037791 d:RetainedEarningsAccumulatedLosses 2022-12-31 12037791 d:RetainedEarningsAccumulatedLosses 2021-12-31 12037791 c:FRS102 2022-01-01 2022-12-31 12037791 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 12037791 c:FullAccounts 2022-01-01 2022-12-31 12037791 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 12037791









DEAN ST WORKS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
DEAN ST WORKS LIMITED
REGISTERED NUMBER:12037791

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

As restated
2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
15,970
15,970

Cash at bank and in hand
  
47,518
47,758

  
63,488
63,728

Creditors: amounts falling due within one year
 5 
(38,883)
(25,207)

Net current assets
  
 
 
24,605
 
 
38,521

  

Net assets
  
24,605
38,521


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
24,505
38,421

  
24,605
38,521


Page 1

 
DEAN ST WORKS LIMITED
REGISTERED NUMBER:12037791
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

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: 




A J Chaytor
Director

Date: 31 October 2023

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

Page 2

 
DEAN ST WORKS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Dean St Works Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is Combe House, 33 Oakfield Road, Clifton, Bristol. England, BS8 2AT and its registered number is 12037791.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared 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

Going concern

The company is reliant on the support of fellow group companies and the directors, who have given their assurance that they will continue to support the company for the forseeable future and therefore the accounts have been prepared on a going concern basis.

 
2.3

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.

 
2.4

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.

 
2.5

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.

Page 3

 
DEAN ST WORKS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
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 3 (2021 -3).


4.


Debtors

As restated
2022
2021
£
£


Amounts owed by group undertakings
15,970
15,970



5.


Creditors: Amounts falling due within one year

As restated
2022
2021
£
£

Amounts owed to group undertakings
19,003
19,003

Accruals and deferred income
19,880
6,204

38,883
25,207



6.


Prior year adjustment

During the year it was identified that other debtors and amounts owed to group undertakings were overstated by £536,725 at 31 December 2021. An adjustment has been made to comparative numbers to correct the other debtor and intercompany creditor position accordingly. There is no impact on profit for the year ended 31 December 2021 or net assets on that date.

Page 4