Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-285truetrueProperty development2022-03-01false5The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07617361 2022-03-01 2023-02-28 07617361 2021-03-01 2022-02-28 07617361 2023-02-28 07617361 2022-02-28 07617361 c:Director1 2022-03-01 2023-02-28 07617361 d:CurrentFinancialInstruments 2023-02-28 07617361 d:CurrentFinancialInstruments 2022-02-28 07617361 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07617361 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 07617361 d:ShareCapital 2023-02-28 07617361 d:ShareCapital 2022-02-28 07617361 d:RetainedEarningsAccumulatedLosses 2023-02-28 07617361 d:RetainedEarningsAccumulatedLosses 2022-02-28 07617361 c:FRS102 2022-03-01 2023-02-28 07617361 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 07617361 c:FullAccounts 2022-03-01 2023-02-28 07617361 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 07617361 2 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 07617361










SJR KMN WOKING 3 LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
SJR KMN WOKING 3 LIMITED
REGISTERED NUMBER:07617361

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,897
5,035

Cash at bank and in hand
  
5,405
6,181

  
10,302
11,216

Creditors: amounts falling due within one year
 5 
(72,510)
(68,087)

Net current liabilities
  
 
 
(62,208)
 
 
(56,871)

Total assets less current liabilities
  
(62,208)
(56,871)

  

Net liabilities
  
(62,208)
(56,871)


Capital and reserves
  

Called up share capital 
  
24
24

Profit and loss account
  
(62,232)
(56,895)

  
(62,208)
(56,871)


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: 



S L Bernstein
Director

Date: 16 November 2023

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
SJR KMN WOKING 3 LIMITED
REGISTERED NUMBER:07617361
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023


Page 2

 
SJR KMN WOKING 3 LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

SJR KMN Woking 3 Limited (07617361) is a private company limited by shares and incorporated in England and Wales. The registered office is 51 Welbeck Street, London, W1G 9HL.

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

Sales of properties and development fee 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, value added tax and other sales taxes.

 
2.3

Interest income

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

 
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

 
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.

Page 3

 
SJR KMN WOKING 3 LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.7

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).

Page 4

 
SJR KMN WOKING 3 LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Debtors

2023
2022
£
£


Other debtors
722
722

Prepayments and accrued income
4,175
4,313

4,897
5,035



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,370
5,041

Other taxation and social security
2,141
4,914

Other creditors
64,700
54,250

Accruals and deferred income
3,299
3,882

72,510
68,087


 
Page 5