Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-011truefalse1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01907528 2022-04-01 2023-03-31 01907528 2021-04-01 2022-03-31 01907528 2023-03-31 01907528 2022-03-31 01907528 c:Director1 2022-04-01 2023-03-31 01907528 d:CurrentFinancialInstruments 2023-03-31 01907528 d:CurrentFinancialInstruments 2022-03-31 01907528 d:Non-currentFinancialInstruments 2023-03-31 01907528 d:Non-currentFinancialInstruments 2022-03-31 01907528 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 01907528 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 01907528 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 01907528 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-03-31 01907528 d:ShareCapital 2023-03-31 01907528 d:ShareCapital 2022-03-31 01907528 d:OtherMiscellaneousReserve 2023-03-31 01907528 d:OtherMiscellaneousReserve 2022-03-31 01907528 d:RetainedEarningsAccumulatedLosses 2023-03-31 01907528 d:RetainedEarningsAccumulatedLosses 2022-03-31 01907528 c:OrdinaryShareClass1 2022-04-01 2023-03-31 01907528 c:OrdinaryShareClass1 2023-03-31 01907528 c:OrdinaryShareClass1 2022-03-31 01907528 c:FRS102 2022-04-01 2023-03-31 01907528 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 01907528 c:FullAccounts 2022-04-01 2023-03-31 01907528 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 01907528 4 2022-04-01 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 01907528









COLUMNSTYLE LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
COLUMNSTYLE LIMITED
REGISTERED NUMBER: 01907528

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
428,984
428,984

  
428,984
428,984

Total assets less current liabilities
  
 
 
428,984
 
 
428,984

Creditors: amounts falling due after more than one year
 5 
(20,263)
(18,464)

  

Net assets
  
408,721
410,520


Capital and reserves
  

Called up share capital 
 7 
100
100

Other reserves
  
9,239
11,038

Profit and loss account
  
399,382
399,382

  
408,721
410,520


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 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 on 2 November 2023.




Mr K J Pitt
Director

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

Page 1

 
COLUMNSTYLE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Columnstyle Limited is a private company limited by shares incorporated in England within the United Kingdom. The address of the registered office is Price Bailey LLP, Causeway House, 1 Dane Street, Bishop's Stortford, Hertfordshire, CM23 3BT.
Columnstyle Limited is a subsidiary company within a small group.

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

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.

 
2.3

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.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. 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. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan. 

 
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 year in which they are incurred.

 
2.6

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Page 2

 
COLUMNSTYLE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

3.


Employees

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


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
428,984
428,984

428,984
428,984



5.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Loan notes
20,263
18,464

20,263
18,464



6.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Loan notes
20,263
18,464

20,263
18,464


The loan notes are repayable on 5 March 2029 and carry an effective inherent interest rate of 10.47% which includes a redemption at a premium of 20% over par. All of the notes are currently registered to the trustees of the K Pitt 1999 Settlements. 


7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



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


Page 3

 
COLUMNSTYLE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Related party transactions

The Company has taken advantage of the exemption from the requirement to disclose transactions with wholly owned group companies.


Page 4