Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30truetrue12022-07-01falseNo description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07275722 2022-07-01 2023-06-30 07275722 2021-07-01 2022-06-30 07275722 2023-06-30 07275722 2022-06-30 07275722 c:Director1 2022-07-01 2023-06-30 07275722 d:FurnitureFittings 2022-07-01 2023-06-30 07275722 d:FurnitureFittings 2023-06-30 07275722 d:FurnitureFittings 2022-06-30 07275722 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07275722 d:ComputerEquipment 2022-07-01 2023-06-30 07275722 d:ComputerEquipment 2023-06-30 07275722 d:ComputerEquipment 2022-06-30 07275722 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07275722 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 07275722 d:CurrentFinancialInstruments 2023-06-30 07275722 d:CurrentFinancialInstruments 2022-06-30 07275722 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 07275722 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 07275722 d:ShareCapital 2023-06-30 07275722 d:ShareCapital 2022-06-30 07275722 d:RetainedEarningsAccumulatedLosses 2023-06-30 07275722 d:RetainedEarningsAccumulatedLosses 2022-06-30 07275722 c:FRS102 2022-07-01 2023-06-30 07275722 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 07275722 c:FullAccounts 2022-07-01 2023-06-30 07275722 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 07275722









KINGSBRIDGE PARTNERS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
KINGSBRIDGE PARTNERS LIMITED
REGISTERED NUMBER: 07275722

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
754
1,409

  
754
1,409

Current assets
  

Debtors: amounts falling due within one year
 6 
18,499
18,326

Current asset investments
 7 
170,952
169,580

Cash at bank and in hand
  
193,655
238,591

  
383,106
426,497

Creditors: amounts falling due within one year
 8 
(78,998)
(73,024)

Net current assets
  
 
 
304,108
 
 
353,473

Total assets less current liabilities
  
304,862
354,882

  

Net assets
  
304,862
354,882


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
304,860
354,880

  
304,862
354,882


Page 1

 
KINGSBRIDGE PARTNERS LIMITED
REGISTERED NUMBER: 07275722
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2023

The director considers 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 director acknowledges his 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 26 January 2024.




D Sharman
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
KINGSBRIDGE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Kingsbridge Partners Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is Regina House,124 Finchley Road, London NW3 5JS. Its principal place of business is 1 Manchester Square, London W1U 3AB.

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 comprises income from the sale of real estate and from providing consulting services during the period.

 
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 reporting date in the countries where the Company operates and generates income.

 
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:

Fixtures & fittings
-
25%
straight line
Computer equipment
-
25%
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

 
KINGSBRIDGE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


4.


Parent company profit for the year

The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own statement of income and retained earnings in these financial statements. The profit after tax of the parent Company for the year was £124,980NIL (2022 - £107,533).

Page 4

 
KINGSBRIDGE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Tangible fixed assets





Fixtures & fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 July 2022
10,060
12,196
22,256



At 30 June 2023

10,060
12,196
22,256



Depreciation


At 1 July 2022
10,012
10,835
20,847


Charge for the year on owned assets
25
630
655



At 30 June 2023

10,037
11,465
21,502



Net book value



At 30 June 2023
23
731
754



At 30 June 2022
48
1,361
1,409


6.


Debtors

2023
2022
£
£


Trade debtors
1,008
-

Other debtors
16,200
18,200

Prepayments and accrued income
1,291
126

18,499
18,326


Page 5

 
KINGSBRIDGE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

7.


Current asset investments

2023
2022
£
£

Unlisted investments
170,952
169,580

170,952
169,580


Page 6

 
KINGSBRIDGE PARTNERS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
7,337
277

Corporation tax
32,650
36,220

Other taxation and social security
12,672
11,572

Other creditors
1,271
387

Accruals and deferred income
25,068
24,568

78,998
73,024



9.


Related party transactions

At the balance sheet date the company owed the director £1,271 (2022: £378). This is an interest free loan and repayable on demand.

 
Page 7