Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30false2022-05-01No description of principal activity44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00817283 2022-05-01 2023-04-30 00817283 2021-05-01 2022-04-30 00817283 2023-04-30 00817283 2022-04-30 00817283 c:Director1 2022-05-01 2023-04-30 00817283 c:Director2 2022-05-01 2023-04-30 00817283 c:Director3 2022-05-01 2023-04-30 00817283 c:Director4 2022-05-01 2023-04-30 00817283 c:RegisteredOffice 2022-05-01 2023-04-30 00817283 d:CurrentFinancialInstruments 2023-04-30 00817283 d:CurrentFinancialInstruments 2022-04-30 00817283 d:Non-currentFinancialInstruments 2023-04-30 00817283 d:Non-currentFinancialInstruments 2022-04-30 00817283 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 00817283 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 00817283 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 00817283 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 00817283 d:ShareCapital 2023-04-30 00817283 d:ShareCapital 2022-04-30 00817283 d:RetainedEarningsAccumulatedLosses 2023-04-30 00817283 d:RetainedEarningsAccumulatedLosses 2022-04-30 00817283 c:FRS102 2022-05-01 2023-04-30 00817283 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 00817283 c:FullAccounts 2022-05-01 2023-04-30 00817283 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Company registration number: 00817283







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2023


HURST PARK AUTOMOBILES (W.R.) LIMITED






































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HURST PARK AUTOMOBILES (W.R.) LIMITED
 


 
COMPANY INFORMATION


Directors
T. J. Wooding 
K. W. Wooding 
B. M. Wooding 
D. M. Wooding 




Registered number
00817283



Registered office
Ashcombe House
5 The Crescent

Leatherhead

Surrey

KT22 8DY




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


HURST PARK AUTOMOBILES (W.R.) LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 4


 


HURST PARK AUTOMOBILES (W.R.) LIMITED
REGISTERED NUMBER:00817283



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
16,532
518,555

Cash at bank and in hand
  
3,836
1,786

  
20,368
520,341

Creditors: amounts falling due within one year
 5 
(5,792)
(204,628)

Net current assets
  
 
 
14,576
 
 
315,713

Total assets less current liabilities
  
14,576
315,713

Creditors: amounts falling due after more than one year
 6 
(14,574)
(20,456)

  

Net assets
  
2
295,257


Capital and reserves
  

Allotted, called up and fully paid share capital
  
2
2

Profit and loss account
  
-
295,255

  
2
295,257


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: 


T. J. Wooding
Director

Date: 16 November 2023

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


HURST PARK AUTOMOBILES (W.R.) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Hurst Park Automobiles (W.R.) Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is disclosed on the company information page of these financial statements. There is no trading address.

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

Going concern

The company ceased trading on 31 January 2022 however the company will continue as a going concern until all liabilities are settled.

 
2.3

Revenue

The company no longer receives rental income as it now acts in a dormant nature however it will continue to operate until all liabilities are settled. 

 
2.4

Operating leases: the company as lessor

Rental income from operating leases is credited to profit or loss on a straight-line basis over the lease term.

Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight-line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the leased asset is diminished.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 2

 


HURST PARK AUTOMOBILES (W.R.) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

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 reporting 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 reporting 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 reporting date.

 
2.7

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.

 
2.8

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 4 (2022 - 4).


4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
16,532
517,167

Other debtors
-
1,388

16,532
518,555


Page 3

 


HURST PARK AUTOMOBILES (W.R.) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
5,792
5,702

Trade creditors
-
636

Corporation tax
-
9,883

Other creditors
-
180,737

Accruals and deferred income
-
7,670

5,792
204,628



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
14,574
20,456

14,574
20,456


2023
2022
£
£
Balance outstanding at the beginning of the year

(164,782)

(145,835)
 
Amounts repaid

10,192

5,000
 
Amounts advanced

(13,000)

(23,947)
 
Amounts transferred

167,590

-
 
Balance outstanding at the end of the year
-

(164,782)
 

No interest was charged on this amount. During the year all director loans were transferred from the company to Kinsheron Developments Limited.


7.


Related party transactions

Included within note 4 are amounts owed by the parent undertaking Kinsheron Developments Limited. The balance owed by Kinsheron at the year end was £16,532 (2022 - £508,820), no interest was charged on the loan during the year.
A dividend was paid during the year to Kinsheron Developments Limited of £291,561 (2022 - £2,475,000).

 
Page 4