Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-302023-04-30true32022-05-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity3 11924305 2022-05-01 2023-04-30 11924305 2021-05-01 2022-04-30 11924305 2023-04-30 11924305 2022-04-30 11924305 c:Director3 2022-05-01 2023-04-30 11924305 d:FreeholdInvestmentProperty 2023-04-30 11924305 d:FreeholdInvestmentProperty 2022-04-30 11924305 d:CurrentFinancialInstruments 2023-04-30 11924305 d:CurrentFinancialInstruments 2022-04-30 11924305 d:Non-currentFinancialInstruments 2023-04-30 11924305 d:Non-currentFinancialInstruments 2022-04-30 11924305 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11924305 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11924305 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11924305 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 11924305 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 11924305 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-04-30 11924305 d:ShareCapital 2023-04-30 11924305 d:ShareCapital 2022-04-30 11924305 d:RetainedEarningsAccumulatedLosses 2023-04-30 11924305 d:RetainedEarningsAccumulatedLosses 2022-04-30 11924305 c:FRS102 2022-05-01 2023-04-30 11924305 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11924305 c:FullAccounts 2022-05-01 2023-04-30 11924305 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11924305 2 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 11924305









BARON AT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
BARON AT LIMITED
REGISTERED NUMBER: 11924305

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
500,201
500,201

Current assets
  

Debtors: amounts falling due within one year
 5 
1
1

Cash at bank and in hand
 6 
75,409
50,165

  
75,410
50,166

Creditors: amounts falling due within one year
 7 
(241,608)
(227,924)

Net current liabilities
  
 
 
(166,198)
 
 
(177,758)

Total assets less current liabilities
  
334,003
322,443

Creditors: amounts falling due after more than one year
 8 
(307,539)
(307,538)

  

Net assets
  
26,464
14,905


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
26,463
14,904

  
26,464
14,905


Page 1

 
BARON AT LIMITED
REGISTERED NUMBER: 11924305
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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 comprehensive income 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: 




................................................
A Y Levy
Director

Date: 22 April 2024

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

Page 2

 
BARON AT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Baron AT Limited is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is 101 New Cavendish Street, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

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

Page 3

 
BARON AT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.6

Taxation

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 reporting date in the countries where the Company operates and generates income.

 
2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

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.

 
2.9

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.

 
2.10

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 directors, during the year was as follows:


        2023
        2022
            No.
            No.







Directors
3
3

Page 4

 
BARON AT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Investment property


Freehold investment property

£



Valuation


At 1 May 2022
500,201



At 30 April 2023
500,201

In 2023 the directors continue to consider cost to represent the fair value of the property.



At 30 April 2023



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022
£
£


Historic cost
500,201
500,201

500,201
500,201


5.


Debtors

2023
2022
£
£


Called up share capital not paid
1
1



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
75,409
50,165


Page 5

 
BARON AT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
2,803
1,118

Other creditors
226,885
224,806

Accruals and deferred income
11,920
2,000

241,608
227,924



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
307,539
307,538



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£



Other loans
307,539
307,539



10.


Controlling party

The company is controlled by the directors. 

 
Page 6