Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30trueproperty development2false2022-07-01false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08629245 2022-07-01 2023-06-30 08629245 2021-07-01 2022-06-30 08629245 2023-06-30 08629245 2022-06-30 08629245 c:Director1 2022-07-01 2023-06-30 08629245 d:CurrentFinancialInstruments 2023-06-30 08629245 d:CurrentFinancialInstruments 2022-06-30 08629245 d:Non-currentFinancialInstruments 2023-06-30 08629245 d:Non-currentFinancialInstruments 2022-06-30 08629245 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 08629245 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 08629245 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 08629245 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 08629245 d:ShareCapital 2023-06-30 08629245 d:ShareCapital 2022-06-30 08629245 d:RetainedEarningsAccumulatedLosses 2023-06-30 08629245 d:RetainedEarningsAccumulatedLosses 2022-06-30 08629245 c:OrdinaryShareClass1 2022-07-01 2023-06-30 08629245 c:OrdinaryShareClass1 2023-06-30 08629245 c:OrdinaryShareClass1 2022-06-30 08629245 c:FRS102 2022-07-01 2023-06-30 08629245 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 08629245 c:FullAccounts 2022-07-01 2023-06-30 08629245 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 08629245 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 08629245









HP (WEST MOLESEY) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
HP (WEST MOLESEY) LIMITED
REGISTERED NUMBER: 08629245

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
71,377
74,027

Cash at bank and in hand
  
-
1,560

  
71,377
75,587

Creditors: amounts falling due within one year
 5 
(42,206)
(39,706)

Net current assets
  
 
 
29,171
 
 
35,881

Total assets less current liabilities
  
29,171
35,881

Creditors: amounts falling due after more than one year
 6 
(34,428)
(39,543)

  

Net liabilities
  
(5,257)
(3,662)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(5,357)
(3,762)

  
(5,257)
(3,662)


Page 1

 
HP (WEST MOLESEY) LIMITED
REGISTERED NUMBER: 08629245
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The director considers 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's 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 on 13 March 2024.




Mr PR Noott
Director

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

Page 2

 
HP (WEST MOLESEY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

HP (West Molesey) Limited is a private company, limited by shares, incorporated and domiciled in England. The address of its registered office and principle place of business is 135 Worcester Road, Hagley, West Midlands, DY9 0NW.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

In the opinion of the directors, continued financial support will be available from related parties, such that the company will continue trading and satisfy its financial commitments.
On the basis of this opinion, the financial statements have been prepared on a going concern basis. If, for whatever reason, the necessary financial support is not forthcoming, then this basis may be inappropriate.

  
2.3

Finance costs

Finance costs are charged to the statement of income and retained earnings 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.

  
2.4

Taxation

Tax is recognised in the statement of income and retained earnings 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.

 
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.

Page 3

 
HP (WEST MOLESEY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
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.


3.


Employees




The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
2
2


4.


Debtors

2023
2022
£
£


Amounts owed by related parties
71,277
73,527

Other debtors
-
400

Called up share capital not paid
100
100

71,377
74,027


Page 4

 
HP (WEST MOLESEY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
5,152
5,152

Trade creditors
-
2,400

Amounts owed to related parties
36,053
31,653

Accruals and deferred income
1,001
501

42,206
39,706



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
34,428
39,543

34,428
39,543


Included within bank loans is an amount of £11,910 (2022: £17,603) due to be repaid in more than five years.


7.


Share capital

2023
2022
£
£
Allotted and called up



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


Page 5