Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31false2022-06-01Buying and selling of own real estate and other letting and operating of own or leased real estate.22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12332508 2022-06-01 2023-05-31 12332508 2021-05-26 2022-05-31 12332508 2023-05-31 12332508 2022-05-31 12332508 c:Director2 2022-06-01 2023-05-31 12332508 d:CurrentFinancialInstruments 2023-05-31 12332508 d:CurrentFinancialInstruments 2022-05-31 12332508 d:Non-currentFinancialInstruments 2023-05-31 12332508 d:Non-currentFinancialInstruments 2022-05-31 12332508 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12332508 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 12332508 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 12332508 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 12332508 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 12332508 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-05-31 12332508 d:ShareCapital 2023-05-31 12332508 d:ShareCapital 2022-05-31 12332508 d:RetainedEarningsAccumulatedLosses 2023-05-31 12332508 d:RetainedEarningsAccumulatedLosses 2022-05-31 12332508 c:OrdinaryShareClass1 2022-06-01 2023-05-31 12332508 c:OrdinaryShareClass1 2023-05-31 12332508 c:OrdinaryShareClass1 2022-05-31 12332508 c:FRS102 2022-06-01 2023-05-31 12332508 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 12332508 c:FullAccounts 2022-06-01 2023-05-31 12332508 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 12332508 6 2022-06-01 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12332508









FGC BEACH LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
FGC BEACH LIMITED
REGISTERED NUMBER: 12332508

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
837,546
837,546

  
837,546
837,546

Current assets
  

Debtors: amounts falling due within one year
 5 
21,000
21,000

Bank and cash balances
  
26,614
35,369

  
47,614
56,369

Creditors: amounts falling due within one year
 6 
(2,400)
(2,400)

Net current assets
  
 
 
45,214
 
 
53,969

Total assets less current liabilities
  
882,760
891,515

Creditors: amounts falling due after more than one year
 7 
(41,130)
(45,828)

  

Net assets
  
841,630
845,687


Capital and reserves
  

Called up share capital 
 9 
2
2

Profit and loss account
  
841,628
845,685

  
841,630
845,687


Page 1

 
FGC BEACH LIMITED
REGISTERED NUMBER: 12332508
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 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 Soltanie
Director

Date: 15 February 2024

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

Page 2

 
FGC BEACH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

FGC Beach Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the 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

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

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

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

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.

 
2.6

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.

 
2.7

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 3

 
FGC BEACH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2022
837,546



At 31 May 2023
837,546





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
21,000
21,000

21,000
21,000



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Accruals and deferred income
2,400
2,400

2,400
2,400



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
41,130
45,828

41,130
45,828


Page 4

 
FGC BEACH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£


Amounts falling due in more than one year

Bank loans
41,130
45,828


41,130
45,828



41,130
45,828



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary shares of £1.00 each
2
2


 
Page 5