Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31true0false2022-11-01falseNo description of principal activity3falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03160613 2022-11-01 2023-10-31 03160613 2023-10-31 03160613 2021-11-01 2022-10-31 03160613 2022-10-31 03160613 c:CompanySecretary1 2022-11-01 2023-10-31 03160613 c:Director1 2022-11-01 2023-10-31 03160613 c:Director2 2022-11-01 2023-10-31 03160613 c:RegisteredOffice 2022-11-01 2023-10-31 03160613 d:Buildings 2022-11-01 2023-10-31 03160613 d:Buildings 2023-10-31 03160613 d:Buildings 2022-10-31 03160613 d:Buildings d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 03160613 d:FurnitureFittings 2022-11-01 2023-10-31 03160613 d:FurnitureFittings 2023-10-31 03160613 d:FurnitureFittings 2022-10-31 03160613 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 03160613 d:ComputerEquipment 2022-11-01 2023-10-31 03160613 d:ComputerEquipment 2023-10-31 03160613 d:ComputerEquipment 2022-10-31 03160613 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 03160613 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 03160613 d:CurrentFinancialInstruments 2023-10-31 03160613 d:CurrentFinancialInstruments 2022-10-31 03160613 d:Non-currentFinancialInstruments 2023-10-31 03160613 d:Non-currentFinancialInstruments 2022-10-31 03160613 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 03160613 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 03160613 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 03160613 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 03160613 d:ShareCapital 2023-10-31 03160613 d:ShareCapital 2022-10-31 03160613 d:RevaluationReserve 2023-10-31 03160613 d:RevaluationReserve 2022-10-31 03160613 d:RetainedEarningsAccumulatedLosses 2023-10-31 03160613 d:RetainedEarningsAccumulatedLosses 2022-10-31 03160613 c:FRS102 2022-11-01 2023-10-31 03160613 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 03160613 c:FullAccounts 2022-11-01 2023-10-31 03160613 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 03160613 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 03160613







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


AMPROP LIMITED






































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AMPROP LIMITED
 


 
COMPANY INFORMATION


Directors
N J Foster 
C A Foster 




Company secretary
N J Foster



Registered number
03160613



Registered office
38 Fleet Road

Fleet

Hampshire

GU51 4PW




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


AMPROP LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


AMPROP LIMITED
REGISTERED NUMBER:03160613



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,889,768
3,892,670

  
3,889,768
3,892,670

Current assets
  

Debtors: amounts falling due within one year
 5 
2,131
18,539

Cash at bank and in hand
  
90,441
61,286

  
92,572
79,825

Creditors: amounts falling due within one year
 6 
(250,527)
(260,957)

Net current liabilities
  
 
 
(157,955)
 
 
(181,132)

Total assets less current liabilities
  
3,731,813
3,711,538

Creditors: amounts falling due after more than one year
 7 
(834,810)
(864,105)

Provisions for liabilities
  

Deferred tax
  
(90,376)
(89,432)

  
 
 
(90,376)
 
 
(89,432)

Net assets
  
2,806,627
2,758,001


Capital and reserves
  

Called up share capital 
  
130,002
130,002

Revaluation reserve
  
1,429,927
1,429,927

Profit and loss account
  
1,246,698
1,198,072

  
2,806,627
2,758,001


Page 1

 


AMPROP LIMITED
REGISTERED NUMBER:03160613


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 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 by: 




................................................
C A Foster
Director

Date: 30 July 2024

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

Page 2

 


AMPROP LIMITED
 


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

1.


General information

Amprop Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office which is also the principal place of business is disclosed on the company information page.

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 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:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the rent received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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:

Fixtures and fittings
-
25% reducing balance
Computer equipment
-
25% reducing balance

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.

 
2.4

Investment property

Investment property is carried at fair value determined annually by the directors 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.

Page 3

 


AMPROP LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 4

 


AMPROP LIMITED
 


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

4.


Tangible fixed assets





Investment property
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 November 2022
3,884,919
9,904
939
3,895,762


Disposals
-
(2,110)
-
(2,110)



At 31 October 2023

3,884,919
7,794
939
3,893,652



Depreciation


At 1 November 2022
-
2,474
618
3,092


Charge for the year on owned assets
-
1,536
80
1,616


Disposals
-
(824)
-
(824)



At 31 October 2023

-
3,186
698
3,884



Net book value



At 31 October 2023
3,884,919
4,608
241
3,889,768



At 31 October 2022
3,884,919
7,430
321
3,892,670


5.


Debtors

2023
2022
£
£


Other debtors
-
16,559

Prepayments and accrued income
2,131
1,980

2,131
18,539


Page 5

 


AMPROP LIMITED
 


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

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
30,600
30,600

Trade creditors
3,932
19,463

Corporation tax
33,325
32,171

Other taxation and social security
12,256
13,945

Other creditors
1,798
1,798

Accruals and deferred income
168,616
162,980

250,527
260,957



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
834,810
864,105

834,810
864,105


 
Page 6