Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312021-11-18No description of principal activityfalse3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13751727 2021-11-17 13751727 2021-11-18 2023-03-31 13751727 2020-11-18 2021-11-17 13751727 2023-03-31 13751727 c:Director3 2021-11-18 2023-03-31 13751727 d:CurrentFinancialInstruments 2023-03-31 13751727 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13751727 d:ShareCapital 2023-03-31 13751727 c:OrdinaryShareClass1 2021-11-18 2023-03-31 13751727 c:OrdinaryShareClass1 2023-03-31 13751727 c:FRS102 2021-11-18 2023-03-31 13751727 c:AuditExempt-NoAccountantsReport 2021-11-18 2023-03-31 13751727 c:FullAccounts 2021-11-18 2023-03-31 13751727 c:PrivateLimitedCompanyLtd 2021-11-18 2023-03-31 13751727 2 2021-11-18 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13751727









PPR XY YORK LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2023

 
PPR XY YORK LIMITED
REGISTERED NUMBER: 13751727

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,230,670

Cash at bank and in hand
 5 
8,163

  
2,238,833

Creditors: amounts falling due within one year
 6 
(2,238,824)

Net current assets
  
 
 
9

Total assets less current liabilities
  
9

  

Net assets
  
9


Capital and reserves
  

Called up share capital 
 7 
9

Total equity
  
9


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 period 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: 




N Hopkinson
Director

Date: 14 November 2023

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
PPR XY YORK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

PPR XY York Limited is a private company limited by shares. The Company is incorporated in England and Wales and the registered office is 5 Welbeck Street, London, United Kingdom, W1G 9YQ.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

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

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
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 2

 
PPR XY YORK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 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, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 3.


4.


Debtors

2023
£


Other debtors
2,230,661

Called up share capital not paid
9

2,230,670



5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
8,163


Page 3

 
PPR XY YORK LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

6.


Creditors: Amounts falling due within one year

2023
£

Bank loans
321,611

Trade creditors
1,204

Other creditors
1,615,028

Accruals and deferred income
300,981

2,238,824


Secured loan
The bank loan is secured by a fixed charge over the property and a floating charge over the property and undertakings of the Company.


7.


Share capital

2023
£
Allotted, called up and fully paid


870 Ordinary shares of £0.01 each
8.70


On incorporation, 870 £0.01 ordinary shares were issued at par to form the initial capital base of the Company.

 
Page 4