Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-312022-09-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13547399 2022-09-01 2023-08-31 13547399 2021-08-04 2022-08-31 13547399 2023-08-31 13547399 2022-08-31 13547399 c:Director1 2022-09-01 2023-08-31 13547399 d:Buildings 2022-09-01 2023-08-31 13547399 d:Buildings 2023-08-31 13547399 d:Buildings 2022-08-31 13547399 d:Buildings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 13547399 d:FurnitureFittings 2022-09-01 2023-08-31 13547399 d:FurnitureFittings 2023-08-31 13547399 d:FurnitureFittings 2022-08-31 13547399 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 13547399 d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 13547399 d:CurrentFinancialInstruments 2023-08-31 13547399 d:CurrentFinancialInstruments 2022-08-31 13547399 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 13547399 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 13547399 d:ShareCapital 2023-08-31 13547399 d:ShareCapital 2022-08-31 13547399 d:RetainedEarningsAccumulatedLosses 2023-08-31 13547399 d:RetainedEarningsAccumulatedLosses 2022-08-31 13547399 c:OrdinaryShareClass1 2022-09-01 2023-08-31 13547399 c:OrdinaryShareClass1 2023-08-31 13547399 c:OrdinaryShareClass1 2022-08-31 13547399 c:FRS102 2022-09-01 2023-08-31 13547399 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 13547399 c:FullAccounts 2022-09-01 2023-08-31 13547399 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13547399









DEBRIEF PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
DEBRIEF PROPERTIES LIMITED
REGISTERED NUMBER: 13547399

BALANCE SHEET
AS AT 31 AUGUST 2023

As restated
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
  
227,494
143,270

  
227,494
143,270

Current assets
  

Cash at bank and in hand
  
41
3,818

  
41
3,818

Creditors: amounts falling due within one year
  
(269,850)
(158,554)

Net current liabilities
  
 
 
(269,809)
 
 
(154,736)

Total assets less current liabilities
  
(42,315)
(11,466)

  

Net liabilities
  
(42,315)
(11,466)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(42,317)
(11,468)

  
(42,315)
(11,466)


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 23 April 2024.




Page 1

 
DEBRIEF PROPERTIES LIMITED
REGISTERED NUMBER: 13547399
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

Sam Hesami
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
DEBRIEF PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Debrief Properties Limited is a private company limited by shares, registered in the United Kingdom number 13547399. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP. 
 During the year, the principal activity of the company was that of buying and selling of own real estate and 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:

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.

 
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.

Page 3

 
DEBRIEF PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
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, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
Fixtures and fittings
-
20%

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

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 directors, during the year was 2 (2022 - 2).

Page 4

 
DEBRIEF PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

4.


Tangible fixed assets





Freehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 September 2022
143,270
-
143,270


Additions
83,730
618
84,348



At 31 August 2023

227,000
618
227,618



Depreciation


Charge for the year on owned assets
-
124
124



At 31 August 2023

-
124
124



Net book value



At 31 August 2023
227,000
494
227,494



At 31 August 2022
143,270
-
143,270


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
41
3,818

41
3,818



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
231,110
(5,119)

Other creditors
37,540
162,772

Accruals and deferred income
1,200
901

269,850
158,554


Page 5

 
DEBRIEF PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



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


 
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