Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-242022-05-132022-05-302022-05-302022-05-302022-05-302023-03-242023-03-242022-03-25false11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01235872 2022-03-25 2023-03-24 01235872 2021-03-25 2022-03-24 01235872 2023-03-24 01235872 2022-03-24 01235872 c:Director1 2022-03-25 2023-03-24 01235872 c:Director1 2023-03-24 01235872 c:Director2 2022-03-25 2023-03-24 01235872 c:Director2 2023-03-24 01235872 c:Director3 2022-03-25 2023-03-24 01235872 c:Director5 2022-03-25 2023-03-24 01235872 c:Director5 2023-03-24 01235872 c:Director6 2022-03-25 2023-03-24 01235872 c:Director6 2023-03-24 01235872 c:Director7 2022-03-25 2023-03-24 01235872 c:Director7 2023-03-24 01235872 c:RegisteredOffice 2022-03-25 2023-03-24 01235872 d:CurrentFinancialInstruments 2023-03-24 01235872 d:CurrentFinancialInstruments 2022-03-24 01235872 c:AuditExemptWithAccountantsReport 2022-03-25 2023-03-24 01235872 c:FullAccounts 2022-03-25 2023-03-24 01235872 c:PrivateLimitedCompanyLtd 2022-03-25 2023-03-24 01235872 c:Micro-entities 2022-03-25 2023-03-24 iso4217:GBP xbrli:pure

Registered number: 01235872









25 ELVASTON PLACE LIMITED







UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 MARCH 2023

 
25 ELVASTON PLACE LIMITED
 
 
COMPANY INFORMATION


Directors
D W Rhys (resigned 13 May 2022)
E J A Maclennan (resigned 30 May 2022)
C Schuster 
C H Khaw (appointed 30 May 2022)
C A Myers (appointed 30 May 2022)
A Parizotto (appointed 30 May 2022)




Registered number
01235872



Registered office
25 Elvaston Place

London

SW7 5NL





 
25 ELVASTON PLACE LIMITED
 

CONTENTS



Page
Directors' report
1 - 2
Accountants' report
3
Income statement
4
Statement of financial position
5


 
25 ELVASTON PLACE LIMITED
 
 
 
DIRECTORS' REPORT
FOR THE YEAR ENDED 24 MARCH 2023

The directors present their report and the financial statements for the year ended 24 March 2023.

Principal activity

The principal activities of the company are the ownership and management of the property known as 25 Elvaston Place, London.  The company collects ground rent as freeholder.

Business review

The company acts as a trustee in respect of service charge monies collected in connection with the above property.  In accordance with accounting recommendations from ARMA (Association of Residential Managing Agents), details of service charge monies have been excluded from the accounts as the company acts only in a trustee capacity in this connection.  Separate service charge accounts are prepared and certified.
The company's income is comprised of ground rent and garage rent.  The company's expenditure comprises of maintenance of the garage, accountants fees and other relevant costs together with Corporation Tax payable on the net surplus.  The surplus or deficit of the company, after tax, is transferred to the separate service charge fund. 

Directors

The directors who served during the year were:

D W Rhys (resigned 13 May 2022)
E J A Maclennan (resigned 30 May 2022)
C Schuster 
C H Khaw (appointed 30 May 2022)
C A Myers (appointed 30 May 2022)
A Parizotto (appointed 30 May 2022)

Directors' responsibilities statement

The directors are responsible for preparing the Directors' report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the directors are required to:


select suitable accounting policies and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 1

 
25 ELVASTON PLACE LIMITED
 
 
 
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 24 MARCH 2023


Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 6 July 2023 and signed on its behalf.
 





C Schuster
Director

Page 2

 
25 ELVASTON PLACE LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 25 ELVASTON PLACE LIMITED
FOR THE YEAR ENDED 24 MARCH 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 25 Elvaston Place Limited for the year ended 24 March 2023 which comprise the Income statement, the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of 25 Elvaston Place Limited, as a body, in accordance with the terms of our engagement letter dated 13 May 2021Our work has been undertaken solely to prepare for your approval the financial statements of 25 Elvaston Place Limited  and state those matters that we have agreed to state to the Board of directors of 25 Elvaston Place Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 25 Elvaston Place Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that 25 Elvaston Place Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 25 Elvaston Place Limited. You consider that 25 Elvaston Place Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of 25 Elvaston Place Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Gibson Appleby
 
Chartered Accountants
  
1-3 Ship Street
Shoreham-by-Sea
West Sussex
BN43 5DH
6 July 2023
Page 3

 
25 ELVASTON PLACE LIMITED
 
 
INCOME STATEMENT
FOR THE YEAR ENDED 24 MARCH 2023

2023
2022
£
£

Turnover
  
8,541
5,550

Other charges
  
(7,171)
(4,610)

Tax
  
(1,370)
(940)

Profit
  
-
-

Page 4

 
25 ELVASTON PLACE LIMITED
REGISTERED NUMBER: 01235872

STATEMENT OF FINANCIAL POSITION
AS AT 24 MARCH 2023

2023
2022
£
£


Fixed assets
5,987
5,987

Current assets
2,570
2,141

Creditors: amounts falling due within one year
(2,570)
(2,141)

Net current assets
 
 
-
 
 
-

Total assets less current liabilities
5,987
5,987


Net assets
5,987
5,987



Capital and reserves
5,987
5,987


Notes


General information

25 Elvaston Place Limited is a private company limited by shares incorporated in England and Wales.  Its registered office is 25 Elvaston Place, London SW7 5NL.


Average number of employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


Directors' confirmations

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.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




C Schuster
Director

Date: 6 July 2023

 
Page 5