Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31false2022-06-01No description of principal activity2315falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08911017 2022-06-01 2023-05-31 08911017 2021-06-01 2022-05-31 08911017 2023-05-31 08911017 2022-05-31 08911017 c:Director1 2022-06-01 2023-05-31 08911017 c:Director2 2022-06-01 2023-05-31 08911017 d:Buildings 2022-06-01 2023-05-31 08911017 d:Buildings 2023-05-31 08911017 d:Buildings 2022-05-31 08911017 d:Buildings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 08911017 d:FurnitureFittings 2022-06-01 2023-05-31 08911017 d:FurnitureFittings 2023-05-31 08911017 d:FurnitureFittings 2022-05-31 08911017 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 08911017 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 08911017 d:CurrentFinancialInstruments 2023-05-31 08911017 d:CurrentFinancialInstruments 2022-05-31 08911017 d:Non-currentFinancialInstruments 2023-05-31 08911017 d:Non-currentFinancialInstruments 2022-05-31 08911017 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 08911017 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 08911017 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 08911017 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 08911017 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 08911017 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-05-31 08911017 d:ShareCapital 2023-05-31 08911017 d:ShareCapital 2022-05-31 08911017 d:RetainedEarningsAccumulatedLosses 2023-05-31 08911017 d:RetainedEarningsAccumulatedLosses 2022-05-31 08911017 c:FRS102 2022-06-01 2023-05-31 08911017 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 08911017 c:FullAccounts 2022-06-01 2023-05-31 08911017 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 08911017 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 08911017 d:AcceleratedTaxDepreciationDeferredTax 2022-05-31 iso4217:GBP xbrli:pure

Registered number: 08911017









HAVERSTOCK 154 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
HAVERSTOCK 154 LIMITED
REGISTERED NUMBER: 08911017

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
201,116
138,434

  
201,116
138,434

Current assets
  

Debtors: amounts falling due within one year
 5 
513,493
328,037

Cash at bank and in hand
 6 
1,287
9,104

  
514,780
337,141

Creditors: amounts falling due within one year
 7 
(487,676)
(259,784)

Net current assets
  
 
 
27,104
 
 
77,357

Total assets less current liabilities
  
228,220
215,791

Creditors: amounts falling due after more than one year
 8 
(25,833)
(35,833)

Provisions for liabilities
  

Deferred tax
 10 
(29,437)
(26,305)

  
 
 
(29,437)
 
 
(26,305)

Net assets
  
172,950
153,653


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
172,850
153,553

  
172,950
153,653


Page 1

 
HAVERSTOCK 154 LIMITED
REGISTERED NUMBER: 08911017
    
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 income and retained earnings 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 W Lawee
A A Lawee
Director
Director


Date: 7 March 2024
Date:7 March 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HAVERSTOCK 154 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Haverstock 154 Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 198 West End Lane, London, NW6 1SG.
The company's principal activity is that of hotels and similar accommodation.

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

Revenue

Revenue represents the fair value of consideration receivable, excluding Value Added Tax, in the ordinary course of business for accommodation services and related hotel goods provided. Accommodation sales, including deposits received in advance, are recognised as turnover at the date of stay. 

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.5

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.

 
2.6

Borrowing costs

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

Page 3

 
HAVERSTOCK 154 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

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.

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
HAVERSTOCK 154 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Improvements to premises
-
5 years straight line
Fixtures and fittings
-
20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.


3.


Employees

The average monthly number of employees, including directors, during the year was 23 (2022 - 15).

Page 5

 
HAVERSTOCK 154 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Tangible fixed assets





Leasehold improve- ments
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 June 2022
211,699
272,005
483,704


Additions
49,812
89,855
139,667



At 31 May 2023

261,511
361,860
623,371



Depreciation


At 1 June 2022
177,078
168,192
345,270


Charge for the year on owned assets
38,251
38,734
76,985



At 31 May 2023

215,329
206,926
422,255



Net book value



At 31 May 2023
46,182
154,934
201,116



At 31 May 2022
34,621
103,813
138,434


5.


Debtors

2023
2022
£
£


Trade debtors
44,585
33,730

Amounts owed by connected companies
437,824
278,573

Prepayments and accrued income
31,084
15,734

513,493
328,037


Page 6

 
HAVERSTOCK 154 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,287
9,104

1,287
9,104



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
126,102
88,201

Amounts owed to connected companies
81,185
-

Corporation tax
33,407
17,439

Other taxation and social security
78,691
59,252

Other creditors
121,918
62,837

Accruals and deferred income
36,373
22,055

487,676
259,784



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
25,833
35,833

25,833
35,833


Page 7

 
HAVERSTOCK 154 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
25,833
35,833


25,833
35,833



35,833
45,833



10.


Deferred taxation




2023


£






At beginning of year
(26,303)


Charged to profit or loss
(3,134)



At end of year
(29,437)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(29,437)
(26,303)

(29,437)
(26,303)

 
Page 8