Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity2022-04-01false00true 09757733 2022-04-01 2023-03-31 09757733 2021-04-01 2022-03-31 09757733 2023-03-31 09757733 2022-03-31 09757733 c:Director2 2022-04-01 2023-03-31 09757733 d:CurrentFinancialInstruments 2023-03-31 09757733 d:CurrentFinancialInstruments 2022-03-31 09757733 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09757733 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09757733 d:ShareCapital 2023-03-31 09757733 d:ShareCapital 2022-03-31 09757733 c:FRS102 2022-04-01 2023-03-31 09757733 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09757733 c:FullAccounts 2022-04-01 2023-03-31 09757733 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 09757733










SOUTH AVENUE MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
SOUTH AVENUE MANAGEMENT LIMITED
REGISTERED NUMBER: 09757733

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
2,048
3,822

Cash at bank and in hand
 4 
9,501
9,222

  
11,549
13,044

Creditors: amounts falling due within one year
 5 
(11,449)
(12,944)

Net current assets
  
 
 
100
 
 
100

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


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 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 on 22 November 2023.




................................................
Andrew Trevillion
Director

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

Page 1

 
SOUTH AVENUE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

South Avenue Management Limited is a company limited by shares which was incorporated in England.
The principal place of business is:
16 Woodfield Road
London
W9 2BE
The company's principal activity is the management of property.

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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

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.

Page 2

 
SOUTH AVENUE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

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.


3.


Debtors

2023
2022
£
£


Trade debtors
(4,848)
372

Other debtors
6,896
3,450

2,048
3,822



4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
9,501
9,222

9,501
9,222



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
3,562
9,898

Other creditors
6,687
1,846

Accruals and deferred income
1,200
1,200

11,449
12,944


 
Page 3