Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-06-01falseholding company11falsetrue 13424208 2022-06-01 2023-05-31 13424208 2021-05-27 2022-05-31 13424208 2023-05-31 13424208 2022-05-31 13424208 c:Director1 2022-06-01 2023-05-31 13424208 d:CurrentFinancialInstruments 2023-05-31 13424208 d:CurrentFinancialInstruments 2022-05-31 13424208 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13424208 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 13424208 d:ShareCapital 2023-05-31 13424208 d:ShareCapital 2022-05-31 13424208 d:RetainedEarningsAccumulatedLosses 2023-05-31 13424208 d:RetainedEarningsAccumulatedLosses 2022-05-31 13424208 c:FRS102 2022-06-01 2023-05-31 13424208 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 13424208 c:FullAccounts 2022-06-01 2023-05-31 13424208 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 13424208 6 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Registered number:  13424208














AMES PROPERTY HOLDINGS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


 
AMES PROPERTY HOLDINGS LIMITED
REGISTERED NUMBER: 13424208

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
499,999
499,999

  
499,999
499,999

Current assets
  

Cash at bank and in hand
 5 
759
760

  
759
760

Creditors: amounts falling due within one year
 6 
(223,149)
(460,899)

Net current liabilities
  
 
 
(222,390)
 
 
(460,139)

Total assets less current liabilities
  
277,609
39,860

  

Net assets
  
277,609
39,860


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
277,509
39,760

  
277,609
39,860


Page 1

 
AMES PROPERTY HOLDINGS LIMITED
REGISTERED NUMBER: 13424208
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 by: 




C M Ames
Director

Date: 13 February 2024

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

Page 2

 
AMES PROPERTY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England & Wales (no. 13424208). The registered office is Greenacre, Old Quay Lane, Neston, Cheshire, United Kingdom, CH64 6Q.
These financial statements present information about the company as an individual undertaking. The principal activity of the company is that of a holding company.

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

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.

 
2.4

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.

Page 3

 
AMES PROPERTY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

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.

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.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

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

Page 4

 
AMES PROPERTY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 June 2022
499,999



At 31 May 2023
499,999





5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
759
760

759
760



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
222,899
460,899

Accruals and deferred income
250
-

223,149
460,899



7.


Related party transactions

Included in creditors is an amount of £222,899 (2022: £460,899) due to the directors. The loan is repayable on demand and no interest has been charged.


8.


Controlling party

The company is under the control of C M Ames and S E Ames.

 
Page 5