Caseware UK (AP4) 2022.0.179 2022.0.179 2023-11-302023-11-30true2022-12-01falseThe principal activity being that of other letting and operating of own or leased real estate22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13043147 2022-12-01 2023-11-30 13043147 2021-12-01 2022-11-30 13043147 2023-11-30 13043147 2022-11-30 13043147 2021-12-01 13043147 c:Director1 2022-12-01 2023-11-30 13043147 d:FreeholdInvestmentProperty 2022-12-01 2023-11-30 13043147 d:FreeholdInvestmentProperty 2023-11-30 13043147 d:FreeholdInvestmentProperty 2022-11-30 13043147 d:CurrentFinancialInstruments 2023-11-30 13043147 d:CurrentFinancialInstruments 2022-11-30 13043147 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13043147 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13043147 d:ShareCapital 2023-11-30 13043147 d:ShareCapital 2022-11-30 13043147 d:ShareCapital 2021-12-01 13043147 d:OtherMiscellaneousReserve 2022-12-01 2023-11-30 13043147 d:OtherMiscellaneousReserve 2023-11-30 13043147 d:OtherMiscellaneousReserve 2021-12-01 2022-11-30 13043147 d:OtherMiscellaneousReserve 2022-11-30 13043147 d:OtherMiscellaneousReserve 2021-12-01 13043147 d:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 13043147 d:RetainedEarningsAccumulatedLosses 2023-11-30 13043147 d:RetainedEarningsAccumulatedLosses 2021-12-01 2022-11-30 13043147 d:RetainedEarningsAccumulatedLosses 2022-11-30 13043147 d:RetainedEarningsAccumulatedLosses 2021-12-01 13043147 c:FRS102 2022-12-01 2023-11-30 13043147 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13043147 c:FullAccounts 2022-12-01 2023-11-30 13043147 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13043147 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 13043147










TRYMVIEW LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
TRYMVIEW LIMITED
 

CONTENTS



Page
Balance sheet
 
 
1 - 2
Statement of changes in equity
 
 
3
Notes to the financial statements
 
 
4 - 9


 
TRYMVIEW LIMITED
REGISTERED NUMBER: 13043147

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
606,500
295,000

  
606,500
295,000

Current assets
  

Debtors: amounts falling due within one year
 5 
5,116
35,100

Cash at bank and in hand
 6 
5,945
22,971

  
11,061
58,071

Creditors: amounts falling due within one year
 7 
(597,548)
(329,420)

Net current liabilities
  
 
 
(586,487)
 
 
(271,349)

Total assets less current liabilities
  
20,013
23,651

Provisions for liabilities
  

Deferred tax
  
(3,115)
(3,115)

  
 
 
(3,115)
 
 
(3,115)

Net assets
  
16,898
20,536


Capital and reserves
  

Called up share capital 
  
100
100

Other reserves
 8 
13,278
13,278

Profit and loss account
 8 
3,520
7,158

  
16,898
20,536


Page 1

 
TRYMVIEW LIMITED
REGISTERED NUMBER: 13043147
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 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 profit and loss account 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 23 February 2024.




David Anthony Roberts
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 2

 
TRYMVIEW LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2023


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£


At 1 December 2021
100
9,228
401
9,729


Comprehensive income for the year

Profit for the year
-
-
10,807
10,807

Transfer to/from profit and loss account
-
4,050
(4,050)
-



At 1 December 2022
100
13,278
7,158
20,536


Comprehensive income for the year

Loss for the year
-
-
(3,638)
(3,638)


At 30 November 2023
100
13,278
3,520
16,898


The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
TRYMVIEW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Trymview Ltd is a private limited company incorporated in the United Kingdom and registered in England and Wales under registration number 13043147. The registered office is 10 Cavendish Road, Henleaze, Bristol, BS9 4DZ. 

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 based on the continued support of the company's creditors and financiers which, in the opinion of the directors, the company has for the foreseeable future. 

 
2.3

Revenue

Revenue represents rents and service charges receivable recognised in the period in which the services are provided in accordance with the rental agreement. 

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 4

 
TRYMVIEW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

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.

 
2.7

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

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.
Page 5

 
TRYMVIEW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.10

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 within 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.

Page 6

 
TRYMVIEW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.10
Financial instruments (continued)


Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

2023
2022
£
£

Wages and salaries
4,264
-


The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 7

 
TRYMVIEW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Investment property


Freehold investment property

£



Valuation


At 1 December 2022
295,000


Additions at cost
311,500



At 30 November 2023
606,500

The fair value of the investment properties have been arrived on the basis of a valuation which was carried out on the 30 November 2023 by the director of the company.
In 2021 and 2022 there was an increase in the fair value of the investment property held of £11,393 and £5,000 respectively.






If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022
£
£


Historic cost
590,107
278,607

590,107
278,607


5.


Debtors

2023
2022
£
£


Other debtors
5,016
35,000

Called up share capital not paid
100
100

5,116
35,100



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
5,945
22,971


Page 8

 
TRYMVIEW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
1,585

Other creditors
595,335
325,335

Accruals and deferred income
2,213
2,500

597,548
329,420



8.


Reserves

Other reserves

The other reserve records the Company's revaluation of fixed asset investments. These are unrealised movements arising from the difference between the market value of the investments and their historical cost less a provision for deferred taxation. 

Profit and loss account

The profit and loss account reserve represents the distributable profit of the company. 


9.


Related party transactions

At the balance sheet date, a balance of £595,335 (2022 - £325,335) was due to a company under common control. The loan is interest free and repayable on demand. 
Included within other debtors due within one year is £5,016 due from the director (2022 - £5,000). This is interest free and repayable on demand

 
Page 9