Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31The principal activity of the company continued to be that of property management.2022-01-01false11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04522776 2022-01-01 2022-12-31 04522776 2021-01-01 2021-12-31 04522776 2022-12-31 04522776 2021-12-31 04522776 c:Director1 2022-01-01 2022-12-31 04522776 d:LeaseholdInvestmentProperty 2022-12-31 04522776 d:LeaseholdInvestmentProperty 2021-12-31 04522776 d:CurrentFinancialInstruments 2022-12-31 04522776 d:CurrentFinancialInstruments 2021-12-31 04522776 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04522776 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 04522776 d:ShareCapital 2022-12-31 04522776 d:ShareCapital 2021-12-31 04522776 d:SharePremium 2022-01-01 2022-12-31 04522776 d:SharePremium 2022-12-31 04522776 d:SharePremium 2021-12-31 04522776 d:OtherMiscellaneousReserve 2022-01-01 2022-12-31 04522776 d:OtherMiscellaneousReserve 2022-12-31 04522776 d:OtherMiscellaneousReserve 2021-12-31 04522776 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 04522776 d:RetainedEarningsAccumulatedLosses 2022-12-31 04522776 d:RetainedEarningsAccumulatedLosses 2021-12-31 04522776 d:AcceleratedTaxDepreciationDeferredTax 2022-12-31 04522776 d:AcceleratedTaxDepreciationDeferredTax 2021-12-31 04522776 c:FRS102 2022-01-01 2022-12-31 04522776 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 04522776 c:FullAccounts 2022-01-01 2022-12-31 04522776 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 04522776










117 GLOUCESTER TERRACE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
117 GLOUCESTER TERRACE LIMITED
REGISTERED NUMBER: 04522776

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investment property
 4 
10,000
10,000

  
10,000
10,000

Current assets
  

Debtors: amounts falling due within one year
 5 
1,273
308

Cash at bank and in hand
 6 
35,740
34,265

  
37,013
34,573

Creditors: amounts falling due within one year
 7 
(20,927)
(18,119)

Net current assets
  
 
 
16,086
 
 
16,454

Total assets less current liabilities
  
26,086
26,454

Provisions for liabilities
  

Deferred tax
 8 
(1,900)
(1,900)

  
 
 
(1,900)
 
 
(1,900)

Net assets
  
24,186
24,554


Capital and reserves
  

Called up share capital 
  
9
9

Share premium account
 9 
12,495
12,495

Other reserves
 9 
7,900
7,900

Profit and loss account
 9 
3,782
4,150

  
24,186
24,554


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.
Page 1

 
117 GLOUCESTER TERRACE LIMITED
REGISTERED NUMBER: 04522776
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022


The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 1 October 2023.




A. A. Klaesener
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
117 GLOUCESTER TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

117 Gloucester Terrace Limited is a private limited company limited by share capital, incorporated in England and Wales, registration number 04522776. The address of the registered office 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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 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:

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, 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

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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. 

Page 3

 
117 GLOUCESTER TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).



4.


Investment property


Long term leasehold investment property

£



Valuation


At 1 January 2022
10,000



At 31 December 2022
10,000

The 2022 valuations were made by the director, on an open market value for existing use basis.







5.


Debtors

2022
2021
£
£


Trade debtors
1,273
308


Page 4

 
117 GLOUCESTER TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
35,740
34,265



7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Other creditors
19,870
17,039

Accruals and deferred income
1,057
1,080

20,927
18,119



8.


Deferred taxation




2022


£






At beginning of year
(1,900)



At end of year
(1,900)

The provision for deferred taxation is made up as follows:

2022
2021
£
£


Fair value movement
(1,900)
(1,900)

Page 5

 
117 GLOUCESTER TERRACE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

9.


Reserves

Share premium account

Share premium reserves relate to amounts paid for shares in excess of the nominal value.

Other reserves

Other reserves are made up of the revaluation of investment property less the deferred tax arising thereon.

Profit and loss account

Profit and loss reserves relate to accumulated profits less dividends.

 
Page 6