Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-313trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falsefalse3No description of principal activityfalse 09731126 2023-01-01 2023-12-31 09731126 2021-09-01 2022-12-31 09731126 2023-12-31 09731126 2022-12-31 09731126 c:Director2 2023-01-01 2023-12-31 09731126 d:Buildings 2023-01-01 2023-12-31 09731126 d:Buildings 2023-12-31 09731126 d:Buildings 2022-12-31 09731126 d:Buildings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09731126 d:CurrentFinancialInstruments 2023-12-31 09731126 d:CurrentFinancialInstruments 2022-12-31 09731126 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09731126 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09731126 d:ShareCapital 2023-12-31 09731126 d:ShareCapital 2022-12-31 09731126 d:RetainedEarningsAccumulatedLosses 2023-12-31 09731126 d:RetainedEarningsAccumulatedLosses 2022-12-31 09731126 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09731126 c:OrdinaryShareClass1 2023-12-31 09731126 c:OrdinaryShareClass1 2022-12-31 09731126 c:FRS102 2023-01-01 2023-12-31 09731126 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09731126 c:FullAccounts 2023-01-01 2023-12-31 09731126 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09731126 5 2023-01-01 2023-12-31 09731126 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09731126









MARKHAM STREET PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
MARKHAM STREET PROPERTIES LIMITED
REGISTERED NUMBER: 09731126

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,798,559
1,805,470

  
1,798,559
1,805,470

  

Creditors: amounts falling due within one year
 5 
(1,808,220)
(1,807,870)

Net current liabilities
  
 
 
(1,808,220)
 
 
(1,807,870)

Total assets less current liabilities
  
(9,661)
(2,400)

  

Net liabilities
  
(9,661)
(2,400)


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
(9,761)
(2,500)

  
(9,661)
(2,400)


Page 1

 
MARKHAM STREET PROPERTIES LIMITED
REGISTERED NUMBER: 09731126
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 period 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: 




Mr D A Roe
Director

Date: 6 August 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

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

1.


General information

Markham Street Properties Limited is a private company limited by shares incorporated in England and Wales (Registered No. 09731126). The registered office is 101 New Cavendish Street, London, 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 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

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.

Land is not depreciated. Depreciation on other assets 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:

Freehold land and buildings
-
2%
Straight line basis on buildings

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.

 
2.3

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

Page 3

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

2.Accounting policies (continued)

 
2.4

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 3 (2022 - 3).


4.


Tangible fixed assets





Land and buildings

£



Cost or valuation


At 1 January 2023
1,805,470



At 31 December 2023

1,805,470



Depreciation


Charge for the period on owned assets
6,911



At 31 December 2023

6,911



Net book value



At 31 December 2023
1,798,559



At 31 December 2022
1,805,470

Page 4

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

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,807,870
1,805,370

Accruals and deferred income
350
2,500

1,808,220
1,807,870



6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



7.


Controlling party

The immediate and ultimate controlling parent company is Felix Rosenstiel’s Group Limited. Felix Rosenstiel’s Group Limited is registered at Companies House UK (13966591) and the registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

 
Page 5