Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31falsefalse2022-08-01No description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13494355 2022-08-01 2023-07-31 13494355 2021-07-05 2022-07-31 13494355 2023-07-31 13494355 2022-07-31 13494355 c:Director1 2022-08-01 2023-07-31 13494355 d:ComputerEquipment 2022-08-01 2023-07-31 13494355 d:ComputerEquipment 2023-07-31 13494355 d:ComputerEquipment 2022-07-31 13494355 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13494355 d:CurrentFinancialInstruments 2023-07-31 13494355 d:CurrentFinancialInstruments 2022-07-31 13494355 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13494355 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 13494355 d:ShareCapital 2023-07-31 13494355 d:ShareCapital 2022-07-31 13494355 d:RetainedEarningsAccumulatedLosses 2023-07-31 13494355 d:RetainedEarningsAccumulatedLosses 2022-07-31 13494355 c:OrdinaryShareClass1 2022-08-01 2023-07-31 13494355 c:OrdinaryShareClass1 2023-07-31 13494355 c:OrdinaryShareClass1 2022-07-31 13494355 c:FRS102 2022-08-01 2023-07-31 13494355 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13494355 c:FullAccounts 2022-08-01 2023-07-31 13494355 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13494355 e:PoundSterling 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13494355









EMR PROP 1 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
EMR PROP 1 LIMITED
REGISTERED NUMBER: 13494355

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,124
1,662

  
1,124
1,662

Current assets
  

Debtors: amounts falling due within one year
 5 
7,879
1,231

Cash at bank and in hand
  
121
-

  
8,000
1,231

Creditors: amounts falling due within one year
 6 
(8,969)
(2,813)

Net current liabilities
  
 
 
(969)
 
 
(1,582)

Total assets less current liabilities
  
155
80

  

Net assets
  
155
80


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
154
79

  
155
80


Page 1

 
EMR PROP 1 LIMITED
REGISTERED NUMBER: 13494355
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 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: 




E Rashti
Director

Date: 29 July 2024

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

Page 2

 
EMR PROP 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

EMR Prop 1 Limited is a private company limited by shares and incorporated in England & Wales (registered number 13494355). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

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

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

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.

 
2.4

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.

Page 3

 
EMR PROP 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
25%
Straight Line Method

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

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.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
EMR PROP 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

3.


Employees

Year
31 July
Period
31 July
2023
2022
£
£

Wages and salaries
7,200
7,200

7,200
7,200


The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 August 2022
2,152



At 31 July 2023
2,152



Depreciation


At 1 August 2022
490


Charge for the year on owned assets
538



At 31 July 2023
1,028



Net book value



At 31 July 2023
1,124



At 31 July 2022
1,662


5.


Debtors

2023
2022
£
£


Other debtors
7,879
1,231

7,879
1,231


Page 5

 
EMR PROP 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,480
-

Corporation tax
3,989
-

Other creditors
-
313

Accruals and deferred income
2,500
2,500

8,969
2,813



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



8.


Related party transactions

Included in other debtors is an amount of £6,368 (2022: creditor of £313) due from the director.

 
Page 6