Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-072023-07-073truetrue2022-07-08truethe provision of student accommodation3 08668891 2022-07-08 2023-07-07 08668891 2021-07-08 2022-07-07 08668891 2023-07-07 08668891 2022-07-07 08668891 c:Director1 2022-07-08 2023-07-07 08668891 d:CurrentFinancialInstruments 2023-07-07 08668891 d:CurrentFinancialInstruments 2022-07-07 08668891 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-07 08668891 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-07 08668891 d:ShareCapital 2023-07-07 08668891 d:ShareCapital 2022-07-07 08668891 d:RetainedEarningsAccumulatedLosses 2023-07-07 08668891 d:RetainedEarningsAccumulatedLosses 2022-07-07 08668891 c:EntityHasNeverTraded 2022-07-08 2023-07-07 08668891 c:FRS102 2022-07-08 2023-07-07 08668891 c:AuditExemptWithAccountantsReport 2022-07-08 2023-07-07 08668891 c:FullAccounts 2022-07-08 2023-07-07 08668891 c:PrivateLimitedCompanyLtd 2022-07-08 2023-07-07 08668891 2 2022-07-08 2023-07-07 iso4217:GBP xbrli:pure

Registered number: 08668891










KEQ MALTINGS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 7 JULY 2023

 
KEQ MALTINGS LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 5


 
KEQ MALTINGS LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF KEQ MALTINGS LTD
FOR THE YEAR ENDED 7 JULY 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of KEQ Maltings Ltd for the year ended 7 July 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of KEQ Maltings Ltd, as a body, in accordance with the terms of our engagement letter dated 16 March 2023Our work has been undertaken solely to prepare for your approval the financial statements of KEQ Maltings Ltd  and state those matters that we have agreed to state to the Board of directors of KEQ Maltings Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than KEQ Maltings Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that KEQ Maltings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of KEQ Maltings Ltd. You consider that KEQ Maltings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of KEQ Maltings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
7 The Close
Norwich
Norfolk
NR1 4DJ
11 March 2024
Page 1

 
KEQ MALTINGS LTD
REGISTERED NUMBER: 08668891

BALANCE SHEET
AS AT 7 JULY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors
 4 
2,728
4,350

  
2,728
4,350

Creditors: amounts falling due within one year
 5 
(1,327)
(1,982)

Net current liabilities
  
 
 
1,401
 
 
2,368

Total assets less current liabilities
  
1,401
2,368

  

Net liabilities
  
1,401
2,368


Capital and reserves
  

Called up share capital 
  
3,333
3,333

Profit and loss account
  
(1,932)
(965)

  
1,401
2,368


Page 2

 
KEQ MALTINGS LTD
REGISTERED NUMBER: 08668891
    
BALANCE SHEET (CONTINUED)
AS AT 7 JULY 2023

For the year ended 7 July 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 on 11 March 2024.




D Edwards
Director

The notes on pages 4 to 5 form part of these financial statements.

Page 3

 
KEQ MALTINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 7 JULY 2023

1.


General information

The entity is a company limited by shares, incorporated in the United Kingdom. The registered office address of the company is 7 The Close, Norwich, NR1 4DJ.
During the prior period, the principal activity of the company was the provision of student accommodation. Trading ceased on 7 July 2017. 

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.

 
2.2

Going concern

The company is dependent upon the continuing support of the directors. The directors remain confident that ongoing support will be forthcoming for the foreseeable future, being a period of at least one year from the approval date of these financial statements, enabling the company to meet its obligation as they fall due. 

 
2.3

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
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

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.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

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.

Page 4

 
KEQ MALTINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 7 JULY 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Debtors

2023
2022
£
£



Amounts owed by group undertakings
2,728
4,350

2,728
4,350



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
1,327
1,982

1,327
1,982


 
Page 5