Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-3022022-07-01falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13759967 2022-07-01 2023-06-30 13759967 2022-02-01 2022-06-30 13759967 2023-06-30 13759967 2022-06-30 13759967 c:Director1 2022-07-01 2023-06-30 13759967 d:Buildings d:LongLeaseholdAssets 2022-07-01 2023-06-30 13759967 d:Buildings d:LongLeaseholdAssets 2023-06-30 13759967 d:Buildings d:LongLeaseholdAssets 2022-06-30 13759967 d:CurrentFinancialInstruments 2023-06-30 13759967 d:CurrentFinancialInstruments 2022-06-30 13759967 d:Non-currentFinancialInstruments 2023-06-30 13759967 d:Non-currentFinancialInstruments 2022-06-30 13759967 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13759967 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 13759967 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 13759967 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 13759967 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-06-30 13759967 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-06-30 13759967 d:ShareCapital 2023-06-30 13759967 d:ShareCapital 2022-06-30 13759967 d:RetainedEarningsAccumulatedLosses 2023-06-30 13759967 d:RetainedEarningsAccumulatedLosses 2022-06-30 13759967 c:FRS102 2022-07-01 2023-06-30 13759967 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 13759967 c:FullAccounts 2022-07-01 2023-06-30 13759967 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 13759967









PRIMROSE RENTALS (HEYWOOD) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
PRIMROSE RENTALS (HEYWOOD) LIMITED
REGISTERED NUMBER: 13759967

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
236,998
236,998

  
236,998
236,998

Current assets
  

Debtors: amounts falling due within one year
 5 
36,500
-

Cash at bank and in hand
  
8,515
47,189

  
45,015
47,189

Creditors: amounts falling due within one year
 6 
(114,461)
(112,650)

Net current liabilities
  
 
 
(69,446)
 
 
(65,461)

Total assets less current liabilities
  
167,552
171,537

Creditors: amounts falling due after more than one year
 7 
(167,696)
(172,500)

  

Net liabilities
  
(144)
(963)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(244)
(1,063)

  
(144)
(963)


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 on 20 December 2023.

Page 1

 
PRIMROSE RENTALS (HEYWOOD) LIMITED
REGISTERED NUMBER: 13759967
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023




Joseph Webb
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PRIMROSE RENTALS (HEYWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Primrose Property Rentals (Heywood) Limited is a private company limited by shares registered in the United Kingdom, company number 13759967. It's registered office is Manor House, 35 St. Thomas's Road, Chorley, PR7 1HP.
During the year, the principal activity of the company was that of other letting and operating of own or leased real estate.

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 is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
PRIMROSE RENTALS (HEYWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Borrowing costs

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

 
2.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, SELECT OR ENTER METHOD.

Depreciation is provided on the following basis:

Long-term leasehold property
-

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.

 
2.6

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.

 
2.7

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.

 
2.8

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 4

 
PRIMROSE RENTALS (HEYWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

3.


Employees

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


4.


Tangible fixed assets





Long-term leasehold property

£



Cost or valuation


At 1 July 2022
236,998



At 30 June 2023

236,998






Net book value



At 30 June 2023
236,998



At 30 June 2022
236,998


5.


Debtors

2023
2022
£
£


Other debtors
36,500
-

36,500
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
113,381
111,900

Accruals and deferred income
1,080
750

114,461
112,650


Page 5

 
PRIMROSE RENTALS (HEYWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
167,696
172,500

167,696
172,500



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Bank loans
167,696
172,500

167,696
172,500

167,696
172,500


 
Page 6