Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-3122trueReceiving profits from group companyThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-06-01falsetrue 13470265 2022-06-01 2023-05-31 13470265 2021-06-22 2022-05-31 13470265 2023-05-31 13470265 2022-05-31 13470265 c:Director2 2022-06-01 2023-05-31 13470265 d:CurrentFinancialInstruments 2023-05-31 13470265 d:CurrentFinancialInstruments 2022-05-31 13470265 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13470265 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 13470265 d:ShareCapital 2023-05-31 13470265 d:ShareCapital 2022-05-31 13470265 d:RetainedEarningsAccumulatedLosses 2023-05-31 13470265 d:RetainedEarningsAccumulatedLosses 2022-05-31 13470265 c:FRS102 2022-06-01 2023-05-31 13470265 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 13470265 c:FullAccounts 2022-06-01 2023-05-31 13470265 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 13470265









ST MICHAELS 8 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
ST MICHAELS 8 LIMITED
REGISTERED NUMBER: 13470265

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
160,633
98,271

  
160,633
98,271

Creditors: amounts falling due within one year
 5 
(34,259)
(28,657)

Net current assets
  
 
 
126,374
 
 
69,614

Total assets less current liabilities
  
126,374
69,614

  

Net assets
  
126,374
69,614


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
126,274
69,514

  
126,374
69,614


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 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: 




J Quiggin
Director

Date: 27 October 2023

The notes on pages 2 to 3 form part of these financial statements.
Page 1

 
ST MICHAELS 8 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

St Michaels 8 Limited is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report.

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

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.

 
2.3

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.

 
2.4

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.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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

Page 2

 
ST MICHAELS 8 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Debtors

2023
2022
£
£


Other debtors
160,633
98,271

160,633
98,271



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
34,259
28,657

34,259
28,657



6.


Related party transactions

St Michaels 8 Limited is a corporate member of Scotch Partners LLP. Included in other debtors is an amount due from the LLP of £160,533 (2022: £98,171).
 

 
Page 3