Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-2800The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity2022-03-01falsetrue 2156243 2022-03-01 2023-02-28 2156243 2021-03-01 2022-02-28 2156243 2023-02-28 2156243 2022-02-28 2156243 c:Director1 2022-03-01 2023-02-28 2156243 d:CurrentFinancialInstruments 2023-02-28 2156243 d:CurrentFinancialInstruments 2022-02-28 2156243 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 2156243 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 2156243 d:ShareCapital 2023-02-28 2156243 d:ShareCapital 2022-02-28 2156243 d:RetainedEarningsAccumulatedLosses 2023-02-28 2156243 d:RetainedEarningsAccumulatedLosses 2022-02-28 2156243 c:FRS102 2022-03-01 2023-02-28 2156243 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 2156243 c:FullAccounts 2022-03-01 2023-02-28 2156243 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 2156243










BERKELEY SQUARE COMMERCIAL INVESTMENTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
BERKELEY SQUARE COMMERCIAL INVESTMENTS LIMITED
REGISTERED NUMBER: 2156243

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
435,638
435,675

Cash at bank and in hand
 5 
-
310

  
435,638
435,985

Creditors: amounts falling due within one year
 6 
(86,225)
(80,443)

  

Net assets
  
349,413
355,542


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
349,313
355,442

  
349,413
355,542


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 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 by: 




R D Cripp
Director

Date: 30 November 2023

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

Page 1

 
BERKELEY SQUARE COMMERCIAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Berkeley Square Commercial Investments Limited is a private company limited by shares and is incorporated in England and Wales. The address of its registered office is 10 Queen Street Place, London, EC4R 1AG and its company registered number is 2156243.
The functional and presentational currency is GBP.

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 as at the year end the company had net assets of £349,413 (2022: £355,542). The directors have forecast cashflows from various long term projects, over the next 12 months and, along with their continued support, will ensure that all financial commitments can be met when they fall due.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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

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.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
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.

Page 2

 
BERKELEY SQUARE COMMERCIAL INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Employees

The average monthly number of employees, excluding directors, during the year was 0 (2022 - 0).


4.


Debtors

2023
2022
£
£


Other debtors
435,638
435,675



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
-
310

Less: bank overdrafts
(19)
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
19
-

Trade creditors
4,620
3,026

Other creditors
76,173
71,673

Accruals and deferred income
5,413
5,744

86,225
80,443



7.


Related party transactions

Included within other debtors due within a year are amounts owed from Berkeley Square Property Investments Limited, a company under common control, of £268,001 (2022: £266,586).
Also included within other debtors is a loan balance due from P Cripp for £121,900 (2022: £121,900), a director of the company.
Included in other creditors is a loan balance due to R Cripp for £7,132 (2022: £2,632), a director of the company.

 
Page 3