Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02900030 2022-03-01 2023-02-28 02900030 2021-03-01 2022-02-28 02900030 2023-02-28 02900030 2022-02-28 02900030 2021-03-01 02900030 c:Director1 2022-03-01 2023-02-28 02900030 d:FreeholdInvestmentProperty 2023-02-28 02900030 d:FreeholdInvestmentProperty 2022-02-28 02900030 d:CurrentFinancialInstruments 2023-02-28 02900030 d:CurrentFinancialInstruments 2022-02-28 02900030 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 02900030 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 02900030 d:ShareCapital 2023-02-28 02900030 d:ShareCapital 2022-02-28 02900030 d:InvestmentPropertiesRevaluationReserve 2023-02-28 02900030 d:InvestmentPropertiesRevaluationReserve 2022-02-28 02900030 d:RetainedEarningsAccumulatedLosses 2023-02-28 02900030 d:RetainedEarningsAccumulatedLosses 2022-02-28 02900030 c:FRS102 2022-03-01 2023-02-28 02900030 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 02900030 c:FullAccounts 2022-03-01 2023-02-28 02900030 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 02900030 d:OtherDeferredTax 2023-02-28 02900030 d:OtherDeferredTax 2022-02-28 iso4217:GBP xbrli:pure

Registered number: 02900030









BATTLECRAFT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
BATTLECRAFT LIMITED
REGISTERED NUMBER: 02900030

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
385,000
385,000

  
385,000
385,000

Current assets
  

Cash at bank and in hand
 5 
2,862
2,649

  
2,862
2,649

Creditors: amounts falling due within one year
 6 
(106,681)
(114,888)

Net current liabilities
  
 
 
(103,819)
 
 
(112,239)

Total assets less current liabilities
  
281,181
272,761

Provisions for liabilities
  

Deferred tax
 7 
(15,500)
(15,500)

  
 
 
(15,500)
 
 
(15,500)

Net assets
  
265,681
257,261


Capital and reserves
  

Called up share capital 
  
2
2

Investment property reserve
  
227,487
227,487

Profit and loss account
  
38,192
29,772

  
265,681
257,261


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 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
Page 1

 
BATTLECRAFT LIMITED
REGISTERED NUMBER: 02900030
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

24 November 2023.




John William Biswell
Director

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

Page 2

 
BATTLECRAFT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Battlecraft Limited is a private company, limited by shares, registered in England and Wales.  The company's registered number and registered address can be found on the company information page.

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 recognition

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

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

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.

Page 3

 
BATTLECRAFT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Investment property


Freehold investment property

£



Valuation


At 1 March 2022
385,000



At 28 February 2023
385,000

The 2023 valuations were made by the directors, on an open market value for existing use basis.





5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,862
2,649

2,862
2,649


Page 4

 
BATTLECRAFT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Payments received on account
8,110
-

Corporation tax
5,407
2,822

Other taxation and social security
2,991
198

Other creditors
86,003
109,198

Accruals and deferred income
4,170
2,670

106,681
114,888



7.


Deferred taxation




2023
2022


£

£






At beginning of year
(15,500)
(15,500)



At end of year
(15,500)
(15,500)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Property revaluation
(15,500)
(15,500)

(15,500)
(15,500)

Page 5