Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28Property managementfalse2022-03-0132truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13257298 2022-03-01 2023-02-28 13257298 2021-03-01 2022-02-28 13257298 2023-02-28 13257298 2022-02-28 13257298 c:Director1 2022-03-01 2023-02-28 13257298 d:OfficeEquipment 2022-03-01 2023-02-28 13257298 d:OfficeEquipment 2023-02-28 13257298 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 13257298 d:CurrentFinancialInstruments 2023-02-28 13257298 d:CurrentFinancialInstruments 2022-02-28 13257298 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13257298 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 13257298 d:ShareCapital 2023-02-28 13257298 d:ShareCapital 2022-02-28 13257298 d:RetainedEarningsAccumulatedLosses 2023-02-28 13257298 d:RetainedEarningsAccumulatedLosses 2022-02-28 13257298 c:OrdinaryShareClass1 2022-03-01 2023-02-28 13257298 c:OrdinaryShareClass1 2023-02-28 13257298 c:OrdinaryShareClass1 2022-02-28 13257298 c:FRS102 2022-03-01 2023-02-28 13257298 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 13257298 c:FullAccounts 2022-03-01 2023-02-28 13257298 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13257298














EBURY PROPERTY MANAGEMENT LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

 
EBURY PROPERTY MANAGEMENT LTD
 

CONTENTS



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


 
EBURY PROPERTY MANAGEMENT LTD
REGISTERED NUMBER:13257298

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
675
-

  
675
-

Current assets
  

Debtors: amounts falling due within one year
 5 
55,569
100

Cash at bank and in hand
  
127,246
-

  
182,815
100

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(312,126)
-

Net current (liabilities)/assets
  
 
 
(129,311)
 
 
100

Total assets less current liabilities
  
(128,636)
100

  

Net (liabilities)/assets
  
(128,636)
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(128,736)
-

  
(128,636)
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.





 
Page 1

 
EBURY PROPERTY MANAGEMENT LTD
REGISTERED NUMBER:13257298
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2023

The Company has opted not to file the statement of comprehensive income 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 28 November 2023.




M Weaver
Director

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

Page 2

 
EBURY PROPERTY MANAGEMENT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Ebury Property Management Ltd is a limited liability company registered in England & Wales. Its registered office address is at 2nd Floor Connaught House, 1-3 Mount Street, London W1K 3NB and its principal place of business is 25 Eccleston Place, London SW1W 9NF.
Its prinicipal business activity is that of property management.

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 made a loss in the year and has net current liabilities and net liabilities at the year end. The financial statements of the Company have been prepared on a going concern basis, the validity of which is dependent on the continued support of the parent company. The directors are satisfied that sufficient facilities will continue to be made available for at least twelve months from the date of approval of these financial statements and that the Company will be able to meet its working capital requirements for the foreseeable future.

 
2.3

Revenue

Revenue for property management and related services is recognised in the period in which those services are provided.

 
2.4

Pensions

Defined contribution pension plan
The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
EBURY PROPERTY MANAGEMENT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to/from related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Interest bearing borrowings, such as bank loans, classified as basic financial instruments are recognised initially at the present value of future payments discounted at a maket rate of interest. Thereafter they are stated at amortised cost using the effective interest method.
Cash and cash equivalents comprise cash balances and call deposits.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 2).

Page 4

 
EBURY PROPERTY MANAGEMENT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
759



At 28 February 2023

759



Depreciation


Charge for the year on owned assets
84



At 28 February 2023

84



Net book value



At 28 February 2023
675


5.


Debtors

2023
2022
£
£


Trade debtors
53,430
-

Amounts owed by group undertakings
-
100

Prepayments and accrued income
2,139
-

55,569
100



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,197
-

Amounts owed to group undertakings
263,900
-

Other creditors
31,364
-

Accruals and deferred income
14,665
-

312,126
-


Page 5

 
EBURY PROPERTY MANAGEMENT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1 each
100
100



8.


Pension commitments

The company contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £2,445 (2022 - £nil). Contributions totalling £2,354 (2022 - £nil) were payable to the fund at the reporting date and are included in creditors.


9.


Controlling party

The Company's immediate and ultimate parent company is Ebury Property Management Jersey Ltd, a company registered in Jersey. There is no ultimate controlling party.

 
Page 6