Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01false0No description of principal activity0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01279376 2022-03-01 2023-02-28 01279376 2021-03-01 2022-02-28 01279376 2023-02-28 01279376 2022-02-28 01279376 c:Director3 2022-03-01 2023-02-28 01279376 d:OfficeEquipment 2022-03-01 2023-02-28 01279376 d:OtherPropertyPlantEquipment 2023-02-28 01279376 d:OtherPropertyPlantEquipment 2022-02-28 01279376 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 01279376 d:CurrentFinancialInstruments 2023-02-28 01279376 d:CurrentFinancialInstruments 2022-02-28 01279376 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 01279376 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 01279376 d:ShareCapital 2023-02-28 01279376 d:ShareCapital 2022-02-28 01279376 d:RetainedEarningsAccumulatedLosses 2023-02-28 01279376 d:RetainedEarningsAccumulatedLosses 2022-02-28 01279376 c:FRS102 2022-03-01 2023-02-28 01279376 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 01279376 c:FullAccounts 2022-03-01 2023-02-28 01279376 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 01279376










BERKELEY SQUARE PROPERTY INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
BERKELEY SQUARE PROPERTY INVESTMENTS LIMITED
REGISTERED NUMBER: 01279376

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
256
553

Investments
 5 
20,500
20,500

  
20,756
21,053

Current assets
  

Debtors: amounts falling due within one year
 6 
30,502
33,407

Cash at bank and in hand
  
-
456

  
30,502
33,863

Creditors: amounts falling due within one year
 7 
(596,010)
(584,924)

Net current liabilities
  
 
 
(565,508)
 
 
(551,061)

  

Net liabilities
  
(544,752)
(530,008)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(544,852)
(530,108)

  
(544,752)
(530,008)


Page 1

 
BERKELEY SQUARE PROPERTY INVESTMENTS LIMITED
REGISTERED NUMBER: 01279376
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2023

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 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 by: 



R D Cripp
Director

Date: 30 November 2023

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

Page 2

 
BERKELEY SQUARE PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Berkeley Square Property Investments Limited is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is 10 Queen Street Place, London, EC4R 1AG and its company registered number is 01279376.
The functional and presentational currency is GBP.

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 financial statements have been prepared on a going concern basis as at the year end the company had net liabilities of £544,752 (2022: £530,008). The directors have forecast cashflows from various long term projects, over the next 12 months and, along with their continued support, will ensure that all financial commitments can be met when they fall due.

 
2.3

Turnover

Turnover represents sales of property  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. Turnover represents sales of property  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:

 
2.4

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.

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.

Page 3

 
BERKELEY SQUARE PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

  
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

  
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.

  
2.8

Creditors

Short term creditors are measured at the transaction price.

 
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, loan to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, excluding directors, during the year was 0 (2022 - 0)

Page 4

 
BERKELEY SQUARE PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Other fixed assets

£



Cost or valuation


At 1 March 2022
899



At 28 February 2023

899



Depreciation


At 1 March 2022
346


Charge for the year on owned assets
297



At 28 February 2023

643



Net book value



At 28 February 2023
256



At 28 February 2022
553


5.


Fixed asset investments





Investments in associates

£



Cost or valuation


At 1 March 2022
20,500



At 28 February 2023
20,500




Participating
Participating interest relate to the company's 50% investment in the share capital of its joint venture Copper Estates Limited, a company holding land as land trustee.

Page 5

 
BERKELEY SQUARE PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Debtors

2023
2022
£
£


Other debtors
24,334
24,769

Tax recoverable
6,168
8,638

30,502
33,407



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
17
-

Trade creditors
6,180
3,781

Amounts owed to joint ventures
500
500

Other creditors
582,340
575,872

Accruals
6,973
4,771

596,010
584,924


Included within other creditors due within one year are amounts owed to Berkeley Square Commercial Investments Limited, a company under common control of £268,001 (2022: £266,586).


8.


Related party transactions

Included within Other Debtors is a balance owed by P Cripp for £24,333 (2022: £24,733), a director of the Company. 
Included in Other Creditors is a balance owed to R Cripp for £20,687 (2022: £13,065), a director of the Company. 
Included in Other Creditors is a balance owed to Robtone Investments Limited for £295,692 (2022: £296,220), a company which has a director in common.
Included in Other Creditors is a balance owed to Berkeley Square Commercial Investments Limited, a company under common control, of £268,001 (2022: £266,586).

 
Page 6