Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-02-01No description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC719181 2023-02-01 2023-12-31 SC719181 2022-01-08 2023-01-31 SC719181 2023-12-31 SC719181 2023-01-31 SC719181 c:Director1 2023-02-01 2023-12-31 SC719181 c:Director2 2023-02-01 2023-12-31 SC719181 c:RegisteredOffice 2023-02-01 2023-12-31 SC719181 d:FreeholdInvestmentProperty 2023-12-31 SC719181 d:FreeholdInvestmentProperty 2023-01-31 SC719181 d:CurrentFinancialInstruments 2023-12-31 SC719181 d:CurrentFinancialInstruments 2023-01-31 SC719181 d:Non-currentFinancialInstruments 2023-12-31 SC719181 d:Non-currentFinancialInstruments 2023-01-31 SC719181 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC719181 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 SC719181 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 SC719181 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 SC719181 d:ShareCapital 2023-12-31 SC719181 d:ShareCapital 2023-01-31 SC719181 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC719181 d:RetainedEarningsAccumulatedLosses 2023-01-31 SC719181 c:OrdinaryShareClass1 2023-02-01 2023-12-31 SC719181 c:OrdinaryShareClass1 2023-12-31 SC719181 c:OrdinaryShareClass1 2023-01-31 SC719181 c:FRS102 2023-02-01 2023-12-31 SC719181 c:AuditExempt-NoAccountantsReport 2023-02-01 2023-12-31 SC719181 c:FullAccounts 2023-02-01 2023-12-31 SC719181 c:PrivateLimitedCompanyLtd 2023-02-01 2023-12-31 SC719181 e:PoundSterling 2023-02-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC719181










CH&SR PROPERTIES LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

 
CH&SR PROPERTIES LTD
 

COMPANY INFORMATION


Directors
Mr S Reilly 
Mr C Hume 




Registered number
SC719181



Registered office
8 Granary Wynd
Bourghty Ferry

Dundee

DD5 3WP




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
CH&SR PROPERTIES LTD
REGISTERED NUMBER: SC719181

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

31 December
31 January
2023
2023
Note
£
£

FIXED ASSETS
  

Investment property
 4 
284,569
284,569

  
284,569
284,569

CURRENT ASSETS
  

Cash at bank and in hand
  
14,276
15,520

  
14,276
15,520

Creditors: amounts falling due within one year
 5 
(113,881)
(115,159)

NET CURRENT LIABILITIES
  
 
 
(99,605)
 
 
(99,639)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
184,964
184,930

Creditors: amounts falling due after more than one year
 6 
(183,934)
(185,857)

  

NET ASSETS/(LIABILITIES)
  
1,030
(927)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
2
2

Profit and loss account
  
1,028
(929)

  
1,030
(927)


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 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 on 15 August 2024.




Mr S Reilly
Page 1

 
CH&SR PROPERTIES LTD
REGISTERED NUMBER: SC719181

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

Director

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

Page 2

 
CH&SR PROPERTIES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


GENERAL INFORMATION

CH&SR Properties Ltd is a private company, limited by shares, incorporated in Scotland with registration number SC719181. The registered office is 8 Granary Wynd, Broughty Ferry, Dundee, DD5 3WP.
The Company's functional and presentational currency is GBP.

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

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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.

 
2.4

BORROWING COSTS

All borrowing costs are recognised in profit or loss in the Period in which they are incurred.

 
2.5

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 reporting date in the countries where the Company operates and generates income.

Page 3

 
CH&SR PROPERTIES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.ACCOUNTING POLICIES (CONTINUED)

 
2.6

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 Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

  
2.7

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of comprehensive income.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the Period was 2 (2023 - 2).


4.


INVESTMENT PROPERTY





Freehold investment property

£



VALUATION


At 1 February 2023
284,569



AT 31 DECEMBER 2023
284,569

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






Page 4

 
CH&SR PROPERTIES LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31 December
31 January
2023
2023
£
£

Bank loans
2,642
3,361

Other loans
45,000
44,999

Trade creditors
-
800

Other creditors
65,239
64,999

Accruals and deferred income
1,000
1,000

113,881
115,159



6.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31 December
31 January
2023
2023
£
£

Bank loans
183,934
185,857

183,934
185,857


The bank loan is secured by a floating charge over the property and all the assets of the Company.


7.


SHARE CAPITAL

31 December
31 January
2023
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



Page 5