Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-04-011No description of principal activity1falsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13973998 2023-04-01 2023-12-31 13973998 2022-03-14 2023-03-31 13973998 2023-12-31 13973998 2023-03-31 13973998 c:Director1 2023-04-01 2023-12-31 13973998 d:FreeholdInvestmentProperty 2023-04-01 2023-12-31 13973998 d:FreeholdInvestmentProperty 2023-12-31 13973998 d:FreeholdInvestmentProperty 2023-03-31 13973998 d:CurrentFinancialInstruments 2023-12-31 13973998 d:CurrentFinancialInstruments 2023-03-31 13973998 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13973998 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13973998 d:ShareCapital 2023-12-31 13973998 d:ShareCapital 2023-03-31 13973998 d:RetainedEarningsAccumulatedLosses 2023-12-31 13973998 d:RetainedEarningsAccumulatedLosses 2023-03-31 13973998 c:FRS102 2023-04-01 2023-12-31 13973998 c:AuditExempt-NoAccountantsReport 2023-04-01 2023-12-31 13973998 c:FullAccounts 2023-04-01 2023-12-31 13973998 c:PrivateLimitedCompanyLtd 2023-04-01 2023-12-31 13973998 e:PoundSterling 2023-04-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13973998









ARTELIER PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
ARTELIER PROPERTIES LIMITED
REGISTERED NUMBER: 13973998

BALANCE SHEET
AS AT 31 DECEMBER 2023

31 December
31 March
2023
2023
Note
£
£

Fixed assets
  

Investment property
  
184,809
184,309

  
184,809
184,309

Current assets
  

Debtors: amounts falling due within one year
 5 
5,661
38,222

Cash at bank and in hand
 6 
10,357
9,066

  
16,018
47,288

Creditors: amounts falling due within one year
 7 
(197,815)
(231,418)

Net current liabilities
  
 
 
(181,797)
 
 
(184,130)

Total assets less current liabilities
  
3,012
179

  

Net assets
  
3,012
179


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
2,912
79

  
3,012
179


Page 1

 
ARTELIER PROPERTIES LIMITED
REGISTERED NUMBER: 13973998
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 period 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: 




David Knowles
Director

Date: 2 August 2024

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

Page 2

 
ARTELIER PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Artelier Properties Limited is a private limited liability company incorporated and domiciled in the United Kingdom. 
The address of its registered office is:
154 Cheltenham Road
Bristol
BS6 5RL
The financial statements are prepared in Sterling (£) and are for the 275 day period ended 31 December 2023 (prior period- 383 days to 31 March 2023).

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

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

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 balance sheet date in the countries where the Company operates and generates income.

Page 3

 
ARTELIER PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

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 period was 1 (2023 - 1).

Page 4

 
ARTELIER PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Investment property





Freehold investment property

£



Valuation


At 1 April 2023
184,309


Additions at cost
500



At 31 December 2023
184,809

The 2023 valuations were made by the director, on an open market value for existing use basis.








5.


Debtors

31 December
31 March
2023
2023
£
£


Trade debtors
-
1,500

Other debtors
5,661
36,722

5,661
38,222





6.


Cash and cash equivalents

31 December
31 March
2023
2023
£
£

Cash at bank and in hand
10,357
9,066

10,357
9,066


Page 5

 
ARTELIER PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

31 December
31 March
2023
2023
£
£

Amounts owed to group undertakings
196,150
230,000

Corporation tax
665
18

Accruals and deferred income
1,000
1,400

197,815
231,418



8.


Controlling party

The company's ultimate parent company is Artelier Arts Limited, a company registered in England.

 
Page 6