Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3132023-04-01truetruefalse3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03440802 2023-04-01 2024-03-31 03440802 2022-04-01 2023-03-31 03440802 2024-03-31 03440802 2023-03-31 03440802 c:Director2 2023-04-01 2024-03-31 03440802 d:Buildings 2023-04-01 2024-03-31 03440802 d:Buildings 2024-03-31 03440802 d:Buildings 2023-03-31 03440802 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03440802 d:CurrentFinancialInstruments 2024-03-31 03440802 d:CurrentFinancialInstruments 2023-03-31 03440802 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03440802 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03440802 d:ShareCapital 2024-03-31 03440802 d:ShareCapital 2023-03-31 03440802 d:RetainedEarningsAccumulatedLosses 2024-03-31 03440802 d:RetainedEarningsAccumulatedLosses 2023-03-31 03440802 c:FRS102 2023-04-01 2024-03-31 03440802 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03440802 c:FullAccounts 2023-04-01 2024-03-31 03440802 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03440802 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 03440802










VOGUE ESTATES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
VOGUE ESTATES LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 6


 
VOGUE ESTATES LIMITED
REGISTERED NUMBER: 03440802

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,231,826
1,268,391

  
1,231,826
1,268,391

Current assets
  

Debtors: amounts falling due within one year
 5 
4,234
5,554

  
4,234
5,554

Creditors: amounts falling due within one year
 6 
(247,889)
(335,490)

Net current liabilities
  
 
 
(243,655)
 
 
(329,936)

Total assets less current liabilities
  
988,171
938,455

  

Net assets
  
988,171
938,455


Capital and reserves
  

Called up share capital 
  
2,000
2,000

Profit and loss account
  
986,171
936,455

  
988,171
938,455


Page 1

 
VOGUE ESTATES LIMITED
REGISTERED NUMBER: 03440802
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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: 




R.M. Tunks
Director

Date: 31 July 2024

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

Page 2

 
VOGUE ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Vogue Estates Limited is a private company limited by shares incorporated in England. The address of the registered office and principal place of business is Lilac Cottage, Church Hill, Rugeley, WS15 4PU.

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. Other operating income relates to rental income and is recognised by the company on a receivable basis net of collection fees and costs.

 
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, using both the straight line and reducing balance methods.

Depreciation is provided on the following basis:

Freehold property
-
2% straight line

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

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.

 
2.5

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and loans from/to related parties.

Page 3

 
VOGUE ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

Leased assets: the company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.10

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.11

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 4

 
VOGUE ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Extra text note

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Tangible fixed assets





Freehold property

£



Cost


At 1 April 2023
1,846,252



At 31 March 2024

1,846,252



Depreciation


At 1 April 2023
577,861


Charge for the year on owned assets
36,565



At 31 March 2024

614,426



Net book value



At 31 March 2024
1,231,826



At 31 March 2023
1,268,391

Page 5

 
VOGUE ESTATES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
4,234
5,554



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
37,272
35,295

Trade creditors
2,911
11,591

Corporation tax
40,531
103,320

Other taxation and social security
9,495
10,751

Other creditors
157,680
174,533

247,889
335,490


The bank overdraft is secured against the freehold property.


7.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £3,222 (2023: £2,325). At the balance sheet date, contributions of £Nil were payable to the fund (2023: £4).

 
Page 6