Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-312022-08-01No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22truetruefalse 06648701 2022-08-01 2023-07-31 06648701 2021-08-01 2022-07-31 06648701 2023-07-31 06648701 2022-07-31 06648701 c:Director2 2022-08-01 2023-07-31 06648701 c:Director3 2022-08-01 2023-07-31 06648701 d:Buildings 2022-08-01 2023-07-31 06648701 d:Buildings 2023-07-31 06648701 d:Buildings 2022-07-31 06648701 d:CurrentFinancialInstruments 2023-07-31 06648701 d:CurrentFinancialInstruments 2022-07-31 06648701 d:Non-currentFinancialInstruments 2023-07-31 06648701 d:Non-currentFinancialInstruments 2022-07-31 06648701 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 06648701 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 06648701 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 06648701 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 06648701 d:ShareCapital 2023-07-31 06648701 d:ShareCapital 2022-07-31 06648701 d:RetainedEarningsAccumulatedLosses 2023-07-31 06648701 d:RetainedEarningsAccumulatedLosses 2022-07-31 06648701 c:FRS102 2022-08-01 2023-07-31 06648701 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 06648701 c:FullAccounts 2022-08-01 2023-07-31 06648701 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 06648701 2 2022-08-01 2023-07-31 06648701 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 06648701










78 YORK ROAD LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
78 YORK ROAD LIMITED
REGISTERED NUMBER: 06648701

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
24,296
24,296

  
24,296
24,296

Current assets
  

Debtors: amounts falling due within one year
 5 
480
660

  
480
660

Creditors: amounts falling due within one year
 7 
(709)
(661)

Net current liabilities
  
 
 
(229)
 
 
(1)

Total assets less current liabilities
  
24,067
24,295

Creditors: amounts falling due after more than one year
 8 
(26,683)
(26,683)

  

Net liabilities
  
(2,616)
(2,388)


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
(2,620)
(2,392)

  
(2,616)
(2,388)


Page 1

 
78 YORK ROAD LIMITED
REGISTERED NUMBER: 06648701

BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 on 18 April 2024.




S Ncube
A C Byrne
Director
Director

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

Page 2

 
78 YORK ROAD LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.Accounting policies

 
1.1

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

  
1.2

Turnover

Turnover represents the amount of ground rent receivable during the year.

 
1.3

Going concern

The company had net liabilities at 31 July 2023 of £2,616. However, the directors are of the opinion that the company has and will continue to have the support of its creditors for the foreseeable future. In the light of these factors, the directors consider it appropriate to adopt the going concern basis in the preparation of these financial statements.

 
1.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
1.5

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, as follows.

Depreciation is provided on the following basis:

Freehold property
-
The Company's only tangible fixed asset is the
ownership of the freehold reversion of the land
known as 78 York Road, Southend on Sea, Essex. No depreciation is charged in respect of this as, in the opinion of the directors, the freehold reversion does not depreciate in value.

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.

Page 3

 
78 YORK ROAD LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.Accounting policies (continued)

 
1.6

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.

 
1.7

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.

 
1.8

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.


2.


General information

78 York Road Limited is a private limited company incorporated in England and Wales. The Registered Office is 6 Kelvedon Close, Rayleigh, Essex, SS6 9SQ.


3.


Employees

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


4.


Tangible fixed assets





Freehold reversion

£



Cost or valuation


At 1 August 2022
24,296



At 31 July 2023

24,296






Net book value



At 31 July 2023
24,296



At 31 July 2022
24,296

Page 4

 
78 YORK ROAD LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
480
660

480
660



6.


Cash and cash equivalents





7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
241
211

Accruals and deferred income
468
450

709
661



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
26,683
26,683

26,683
26,683



Page 5