Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-302022-10-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08935893 2022-10-01 2023-09-30 08935893 2021-10-01 2022-09-30 08935893 2023-09-30 08935893 2022-09-30 08935893 c:Director2 2022-10-01 2023-09-30 08935893 d:PlantMachinery 2023-09-30 08935893 d:PlantMachinery 2022-09-30 08935893 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 08935893 d:CurrentFinancialInstruments 2023-09-30 08935893 d:CurrentFinancialInstruments 2022-09-30 08935893 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08935893 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 08935893 d:ShareCapital 2023-09-30 08935893 d:ShareCapital 2022-09-30 08935893 d:RetainedEarningsAccumulatedLosses 2023-09-30 08935893 d:RetainedEarningsAccumulatedLosses 2022-09-30 08935893 c:OrdinaryShareClass1 2022-10-01 2023-09-30 08935893 c:OrdinaryShareClass1 2023-09-30 08935893 c:FRS102 2022-10-01 2023-09-30 08935893 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 08935893 c:FullAccounts 2022-10-01 2023-09-30 08935893 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 08935893 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08935893









EFM (KNIGHTSBRIDGE) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
EFM (KNIGHTSBRIDGE) LIMITED
REGISTERED NUMBER: 08935893

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
13,125
15,225

  
13,125
15,225

Current assets
  

Debtors: amounts falling due within one year
 5 
547,279
464,167

Cash at bank and in hand
  
1,317
2,032

  
548,596
466,199

Creditors: amounts falling due within one year
 6 
(668,266)
(583,424)

Net current liabilities
  
 
 
(119,670)
 
 
(117,225)

Total assets less current liabilities
  
(106,545)
(102,000)

  

Net liabilities
  
(106,545)
(102,000)


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(106,645)
(102,100)

  
(106,545)
(102,000)


Page 1

 
EFM (KNIGHTSBRIDGE) LIMITED
REGISTERED NUMBER: 08935893
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 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 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 on 19 August 2024.




V Fieldgrass
Director

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

Page 2

 
EFM (KNIGHTSBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

EFM (Knightsbridge) Limited is a private company limited by shares registered in England and Wales.. The company's registered office is 103 Hammersmith Road, London, W14 0QH. 

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

Going concern

The accounts have been prepared on a going concern basis in the expectation that the company will receive financial support from its directors and shareholders and will continue trading for the foreseeable future.

 
2.3

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.

 
2.4

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.

Page 3

 
EFM (KNIGHTSBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
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.

  
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

  
2.7

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. 

 
2.8

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.

  
2.9

Financial instruments

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


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
EFM (KNIGHTSBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 October 2022
21,000



At 30 September 2023

21,000



Depreciation


At 1 October 2022
5,775


Charge for the year on owned assets
2,100



At 30 September 2023

7,875



Net book value



At 30 September 2023
13,125



At 30 September 2022
15,225

Page 5

 
EFM (KNIGHTSBRIDGE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
507,753
447,770

Other debtors
8,781
494

Prepayments and accrued income
30,745
15,903

547,279
464,167



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
367,229
378,939

Amounts owed to group undertakings
267,582
194,082

Other creditors
2,710
-

Accruals and deferred income
30,745
10,403

668,266
583,424



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100



8.


Related party transactions

As permitted by FRS 102 paragraphs 1.12e and 33.1a, the company has taken advantage of the exemption from disclosing the transactions entered into between two or more members of a group as all subsidary undertakings are wholly-owned by a member of that group.

 
Page 6