Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10829128 2022-07-01 2023-06-30 10829128 2021-07-01 2022-06-30 10829128 2023-06-30 10829128 2022-06-30 10829128 c:Director1 2022-07-01 2023-06-30 10829128 c:Director2 2022-07-01 2023-06-30 10829128 c:RegisteredOffice 2022-07-01 2023-06-30 10829128 d:FreeholdInvestmentProperty 2023-06-30 10829128 d:FreeholdInvestmentProperty 2022-06-30 10829128 d:CurrentFinancialInstruments 2023-06-30 10829128 d:CurrentFinancialInstruments 2022-06-30 10829128 d:Non-currentFinancialInstruments 2023-06-30 10829128 d:Non-currentFinancialInstruments 2022-06-30 10829128 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10829128 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10829128 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 10829128 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 10829128 d:ShareCapital 2023-06-30 10829128 d:ShareCapital 2022-06-30 10829128 d:RetainedEarningsAccumulatedLosses 2023-06-30 10829128 d:RetainedEarningsAccumulatedLosses 2022-06-30 10829128 c:FRS102 2022-07-01 2023-06-30 10829128 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 10829128 c:FullAccounts 2022-07-01 2023-06-30 10829128 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure
Company registration number: 10829128







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2023


MILL STREAM (OXFORD) LIMITED






































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MILL STREAM (OXFORD) LIMITED
 


 
COMPANY INFORMATION


Directors
Mr P A K Jeffery 
Ms T Paliashchuk 




Registered number
10829128



Registered office
Stable House
Cockaynes Lane

Alresford

Colchester

Essex

CO7 8BZ




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


MILL STREAM (OXFORD) LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


MILL STREAM (OXFORD) LIMITED
REGISTERED NUMBER:10829128



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
385,913
385,913

  
385,913
385,913

Current assets
  

Debtors: amounts falling due within one year
 5 
1,534
1,574

Cash at bank and in hand
  
1,283
1,933

  
2,817
3,507

Creditors: amounts falling due within one year
 6 
(125,947)
(120,892)

Net current liabilities
  
 
 
(123,130)
 
 
(117,385)

Total assets less current liabilities
  
262,783
268,528

Creditors: amounts falling due after more than one year
 7 
(279,260)
(279,260)

  

Net liabilities
  
(16,477)
(10,732)

Page 1

 


MILL STREAM (OXFORD) LIMITED
REGISTERED NUMBER:10829128


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

2023
2022
£
£

Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(16,478)
(10,733)

  
(16,477)
(10,732)


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: 




Mr P A K Jeffery
Director

Date: 28 November 2023

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

Page 2

 


MILL STREAM (OXFORD) LIMITED
 


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

1.


General information

Mill Stream (Oxford) Limited is a private company limited by shares, registered in England and Wales. The address of it's registered office is disclosed 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

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

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.

 
2.4

Borrowing costs

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

 
2.5

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.

 
2.6

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.

Page 3

 


MILL STREAM (OXFORD) LIMITED
 


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

2.Accounting policies (continued)

 
2.7

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.

 
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 has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

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

Page 4

 


MILL STREAM (OXFORD) LIMITED
 


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

4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2022
385,913



At 30 June 2023
385,913

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



At 30 June 2023





5.


Debtors

2023
2022
£
£


Trade debtors
600
600

Prepayments and accrued income
934
974

1,534
1,574


Page 5

 


MILL STREAM (OXFORD) LIMITED
 


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

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
5,895
1,000

Other creditors
118,292
118,292

Accruals and deferred income
1,760
1,600

125,947
120,892



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
279,260
279,260

279,260
279,260



8.


Related party transactions

At the year end, included within creditors falling due under one year were amounts due to a director amounting to £118,293 (2022 - £118,293). This amount is undated, unsecured and interest free.

 
Page 6