Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31The principal activity of the company continued to be that of buying and selling of own real estate.false2022-08-113falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14290119 2022-08-10 14290119 2022-08-11 2023-07-31 14290119 2021-08-01 2022-08-10 14290119 2023-07-31 14290119 c:Director3 2022-08-11 2023-07-31 14290119 d:CurrentFinancialInstruments 2023-07-31 14290119 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14290119 d:ShareCapital 2023-07-31 14290119 d:RetainedEarningsAccumulatedLosses 2023-07-31 14290119 c:FRS102 2022-08-11 2023-07-31 14290119 c:AuditExempt-NoAccountantsReport 2022-08-11 2023-07-31 14290119 c:FullAccounts 2022-08-11 2023-07-31 14290119 c:PrivateLimitedCompanyLtd 2022-08-11 2023-07-31 14290119 e:PoundSterling 2022-08-11 2023-07-31 iso4217:GBP xbrli:pure
Registered number: 14290119














STEP LIVING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 JULY 2023

 
STEP LIVING LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 3


 
STEP LIVING LIMITED
REGISTERED NUMBER:14290119

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,818

Cash at bank and in hand
  
1,509

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(30,220)

Total assets less current liabilities
  
 
 
(23,893)

  

Net liabilities
  
(23,893)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(23,993)

  
(23,893)


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 period 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 14 February 2024.




D A Woolman
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
STEP LIVING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


General information

Step Living Limited is a private company limited by shares incorporated in England and Wales. The registered office is Third Floor Winston House, 2 Dollis Park, London, N3 1HG. 
The principal activity of the company continued to be that of buying, selling and investment in own real estate. 
The company's functional and presentational currency is £ Sterling.

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

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.

 
2.3

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.

 
2.5

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.

Page 2

 
STEP LIVING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

3.


Employees

The average monthly number of employees, including directors, during the period was 3.


4.


Debtors

2023
£


Other debtors
4,818



5.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
300

Amounts owed to group undertakings
29,920

30,220



6.


Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related
party transactions with wholly owned subsidiaries within the group.


7.


Controlling party

The ultimate parent company is Woolbro Homes Limited. 
There is no ultimate controlling party.

 
Page 3