Caseware UK (AP4) 2023.0.135 2023.0.135 0false2023-01-01true0No description of principal activitytrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03127281 2023-01-01 2023-12-31 03127281 2022-01-01 2022-12-31 03127281 2023-12-31 03127281 2022-12-31 03127281 c:Director4 2023-01-01 2023-12-31 03127281 d:Buildings 2023-01-01 2023-12-31 03127281 d:Buildings 2023-12-31 03127281 d:Buildings 2022-12-31 03127281 d:LandBuildings 2023-12-31 03127281 d:LandBuildings 2022-12-31 03127281 d:CurrentFinancialInstruments 2023-12-31 03127281 d:CurrentFinancialInstruments 2022-12-31 03127281 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03127281 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03127281 d:ShareCapital 2023-12-31 03127281 d:ShareCapital 2022-12-31 03127281 d:OtherMiscellaneousReserve 2023-12-31 03127281 d:OtherMiscellaneousReserve 2022-12-31 03127281 d:RetainedEarningsAccumulatedLosses 2023-12-31 03127281 d:RetainedEarningsAccumulatedLosses 2022-12-31 03127281 c:FRS102 2023-01-01 2023-12-31 03127281 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03127281 c:FullAccounts 2023-01-01 2023-12-31 03127281 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03127281 2 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 03127281










Cinnamon Freehold Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 December 2023

 
Cinnamon Freehold Limited
Registered number: 03127281

Balance sheet
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
127,967
127,967

  
127,967
127,967

Current assets
  

Debtors: amounts falling due within one year
 5 
5,303
3,301

Bank and cash balances
  
450,826
456,045

  
456,129
459,346

Creditors: amounts falling due within one year
 6 
(28,865)
(31,565)

Net current assets
  
 
 
427,264
 
 
427,781

Total assets less current liabilities
  
555,231
555,748

  

Net assets
  
555,231
555,748


Capital and reserves
  

Called up share capital 
  
427
427

Other reserves
  
250,957
250,957

Profit and loss account
  
303,847
304,364

  
555,231
555,748


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 profit and loss account 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: 


................................................
J G Turner
Director

Date: 10 November 2006

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
Cinnamon Freehold Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

1.


General information

Cinnamon Freehold Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. 
The company's principal activity is that of buying and selling of own real estate.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

The estimated useful lives range as follows:

Land and buildings
-
not provided.

In the opinion of the directors the cost of the freehold property accurately reflects its market value and for this reason it is not depreciated.

Page 2

 
Cinnamon Freehold Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short term debtors are measured at transaction price, 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.

 
2.7

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 January 2023
127,967



At 31 December 2023

127,967






Net book value



At 31 December 2023
127,967



At 31 December 2022
127,967




The net book value of land and buildings may be further analysed as follows:


2023
2022
£
£

Freehold
127,967
127,967

127,967
127,967





 

Page 3

 
Cinnamon Freehold Limited
 

 
Notes to the financial statements
For the year ended 31 December 2023

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
4,210
3,288

Other debtors
1,093
13

5,303
3,301



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
28,865
28,865

Accruals and deferred income
-
2,700

28,865
31,565



7.


Related party transactions

The company maintains a current account with Cinnamon Wharf Service Charge, which is maintained by the associated residents' management company, Cinnamon Wharf Limited. During the year Cinnamon Wharf Service Charge demanded ground rents of £922 (2022: £865). The balance outstanding at the year end was £4,210 (2022: £3,288). No interest is charged on the amount due from Cinnamon Wharf Service Charge and there are no fixed terms of repayment. 


Page 4