Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31falsetruetrue2022-08-15falseDevelopment of building projects3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14297138 2022-08-14 14297138 2022-08-15 2023-08-31 14297138 2021-08-15 2022-08-14 14297138 2023-08-31 14297138 c:Director1 2022-08-15 2023-08-31 14297138 d:CurrentFinancialInstruments 2023-08-31 14297138 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 14297138 d:ShareCapital 2023-08-31 14297138 d:RetainedEarningsAccumulatedLosses 2023-08-31 14297138 c:FRS102 2022-08-15 2023-08-31 14297138 c:AuditExempt-NoAccountantsReport 2022-08-15 2023-08-31 14297138 c:FullAccounts 2022-08-15 2023-08-31 14297138 c:PrivateLimitedCompanyLtd 2022-08-15 2023-08-31 14297138 e:PoundSterling 2022-08-15 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 14297138









CANTERBURY MEWS LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2023

 
CANTERBURY MEWS LIMITED
REGISTERED NUMBER: 14297138

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
Note
£

  

Current assets
  

Stocks
 4 
16,578

Debtors: amounts falling due within one year
 5 
100

Cash at bank and in hand
 6 
121

  
16,799

Creditors: amounts falling due within one year
 7 
(17,948)

Net current liabilities
  
 
 
(1,149)

Total assets less current liabilities
  
(1,149)

  

Net liabilities
  
(1,149)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(1,249)

  
(1,149)


Page 1

 
CANTERBURY MEWS LIMITED
REGISTERED NUMBER: 14297138
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 on 8 August 2024.




Mr J P Quinn
Director

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

Page 2

 
CANTERBURY MEWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

1.


General information

Canterbury Mews Limited is a private company limited by shares, incorporated in England and Wales, United Kingdom. The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The company's principal activity during the period was the development of building projects. The company was incorporated on 15 August 2022.

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

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balance sheet date.

 
2.3

Stocks

Stock and work in progress is valued at the lower of cost and net realisable value.



 
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.

Page 3

 
CANTERBURY MEWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the period was 3.


4.


Stocks

2023
£

Work in progress
16,578



5.


Debtors

2023
£


Amounts owed by group undertakings
100



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
121


Page 4

 
CANTERBURY MEWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2023

7.


Creditors: Amounts falling due within one year

2023
£

Amounts owed to connected companies
17,048

Accruals and deferred income
900

17,948



8.


Related party transactions


2023
£

Amounts owed by group undertakings
100
Amounts owed to connected companies
17,048

Amounts owed to connected companies are repayable on demand and interest free.


9.


Controlling party

Canterbury Mews Limited is controlled by Quinn Residential Holdings Limited. The registered office of the parent company is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN.

 
Page 5