Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31falsetrue55No description of principal activity2022-01-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10904171 2022-01-01 2022-12-31 10904171 2021-01-01 2021-12-31 10904171 2022-12-31 10904171 2021-12-31 10904171 c:Director4 2022-01-01 2022-12-31 10904171 c:Director5 2022-01-01 2022-12-31 10904171 d:CurrentFinancialInstruments 2022-12-31 10904171 d:CurrentFinancialInstruments 2021-12-31 10904171 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10904171 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 10904171 d:ShareCapital 2022-12-31 10904171 d:ShareCapital 2021-12-31 10904171 d:RetainedEarningsAccumulatedLosses 2022-12-31 10904171 d:RetainedEarningsAccumulatedLosses 2021-12-31 10904171 c:FRS102 2022-01-01 2022-12-31 10904171 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 10904171 c:FullAccounts 2022-01-01 2022-12-31 10904171 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 10904171 2 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 10904171









BBS NT PARK CENTRAL (F) COMMERCIAL LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
BBS NT PARK CENTRAL (F) COMMERCIAL LTD
REGISTERED NUMBER: 10904171

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2022
2021
2021
Note
£
£
£
£

  

Current assets
  

Stocks
 4 
-
20,000

Debtors: amounts falling due within one year
 5 
121,809
25,091

  
121,809
45,091

Creditors: amounts falling due within one year
 6 
(24,288)
(6,800)

Net current assets
  
 
 
97,521
 
 
38,291

Total assets less current liabilities
  
97,521
38,291

  

Net assets
  
97,521
38,291


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
97,520
38,290

  
97,521
38,291

Page 1

 
BBS NT PARK CENTRAL (F) COMMERCIAL LTD
REGISTERED NUMBER: 10904171
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

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 by: 




N Spencer
L Waines
Director
Director


Date: 27 November 2023
Date: 27 November 2023

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

Page 2

 
BBS NT PARK CENTRAL (F) COMMERCIAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

BBS NT Park Central (F) Commercial Ltd is a private company limited by shares. The company is incorporated in England and Wales and its registered office is Aston House, Cornwall Avenue, London, N3 1LF. 

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. For property sales, revenue is recognised on completion of contracts. Revenue is also recognised on the rendering of rental services.

 
2.3

Interest income

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

 
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

Taxation

Tax is recognised in the Statement of income and retained earnings, 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 corporation 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.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell.



Page 3

 
BBS NT PARK CENTRAL (F) COMMERCIAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2021 - 5).


4.


Stocks

2022
2021
£
£

Work in progress (goods to be sold)
-
20,000


Page 4

 
BBS NT PARK CENTRAL (F) COMMERCIAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5.


Debtors

2022
2021
£
£


Amounts owed by group undertakings
119,404
23,740

Other debtors
2,405
1,351

121,809
25,091



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
19,288
5,300

Accruals and deferred income
5,000
1,500

24,288
6,800



7.


Controlling party

The immediate and ultimate parent undertaking is BBS NT Park Central (F) Limited. The registered office of is Aston House, Cornwall Avenue, London, N3 1LF.
 
Page 5