Caseware UK (AP4) 2022.0.179 2022.0.179 2023-12-312023-12-31No description of principal activitytrue2023-01-014falsetrue4The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13081647 2023-01-01 2023-12-31 13081647 2022-01-01 2022-12-31 13081647 2023-12-31 13081647 2022-12-31 13081647 c:Director4 2023-01-01 2023-12-31 13081647 d:CurrentFinancialInstruments 2023-12-31 13081647 d:CurrentFinancialInstruments 2022-12-31 13081647 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13081647 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13081647 d:ShareCapital 2023-12-31 13081647 d:ShareCapital 2022-12-31 13081647 d:RetainedEarningsAccumulatedLosses 2023-12-31 13081647 d:RetainedEarningsAccumulatedLosses 2022-12-31 13081647 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-12-31 13081647 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-12-31 13081647 c:FRS102 2023-01-01 2023-12-31 13081647 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13081647 c:FullAccounts 2023-01-01 2023-12-31 13081647 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13081647 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13081647










FLORENTINA HOMES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
FLORENTINA HOMES LIMITED
REGISTERED NUMBER: 13081647

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
  
595,087
595,087

  
595,087
595,087

Current assets
  

Debtors: amounts falling due within one year
 4 
404
309

Cash at bank and in hand
 5 
9,976
23,087

  
10,380
23,396

Creditors: amounts falling due within one year
 6 
(577,049)
(601,001)

Net current liabilities
  
 
 
(566,669)
 
 
(577,605)

Total assets less current liabilities
  
28,418
17,482

  

Net assets
  
28,418
17,482


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
28,318
17,382

  
28,418
17,482


Page 1

 
FLORENTINA HOMES LIMITED
REGISTERED NUMBER: 13081647

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 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 on 9 February 2024.




N Semple
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FLORENTINA HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Florentina Homes Limited is a limited company incorporated in England and Wales. The Registered
Office is 601 London Road, Westcliff-On-Sea, England, SS0 9PE. The registered number is 13081647.

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

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 balance sheet date in the countries where the Company operates and generates income.

 
2.4

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.

 
2.5

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.

Page 3

 
FLORENTINA HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

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

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 4 (2022 - 4).


4.


Debtors

2023
2022
£
£


Prepayments and accrued income
404
309

404
309



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
9,976
23,087

9,976
23,087


Page 4

 
FLORENTINA HOMES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,200
1,200

Corporation tax
2,565
3,393

Other creditors
573,284
596,408

577,049
601,001



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
9,976
23,087




Financial assets measured at fair value through profit or loss comprise cash at bank.


Page 5