Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-011falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity1falsetruefalse 11284775 2023-04-01 2024-03-31 11284775 2022-04-01 2023-03-31 11284775 2024-03-31 11284775 2023-03-31 11284775 c:Director1 2023-04-01 2024-03-31 11284775 d:MotorVehicles 2023-04-01 2024-03-31 11284775 d:MotorVehicles 2024-03-31 11284775 d:MotorVehicles 2023-03-31 11284775 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11284775 d:OfficeEquipment 2023-04-01 2024-03-31 11284775 d:OfficeEquipment 2024-03-31 11284775 d:OfficeEquipment 2023-03-31 11284775 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11284775 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11284775 d:CurrentFinancialInstruments 2024-03-31 11284775 d:CurrentFinancialInstruments 2023-03-31 11284775 d:Non-currentFinancialInstruments 2024-03-31 11284775 d:Non-currentFinancialInstruments 2023-03-31 11284775 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11284775 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11284775 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11284775 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 11284775 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 11284775 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 11284775 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 11284775 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 11284775 d:ShareCapital 2024-03-31 11284775 d:ShareCapital 2023-03-31 11284775 d:RetainedEarningsAccumulatedLosses 2024-03-31 11284775 d:RetainedEarningsAccumulatedLosses 2023-03-31 11284775 c:FRS102 2023-04-01 2024-03-31 11284775 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11284775 c:FullAccounts 2023-04-01 2024-03-31 11284775 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11284775 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 11284775 d:HirePurchaseContracts d:WithinOneYear 2023-03-31 11284775 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 11284775 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-03-31 11284775 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 11284775 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 11284775 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-03-31 11284775 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-03-31 11284775 d:LeasedAssetsHeldAsLessee 2024-03-31 11284775 d:LeasedAssetsHeldAsLessee 2023-03-31 11284775 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11284775









ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
REGISTERED NUMBER: 11284775

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
45,682
21,069

  
45,682
21,069

Current assets
  

Debtors
 5 
2,379
6,003

Cash at bank and in hand
 6 
1,577
8,334

  
3,956
14,337

Creditors: amounts falling due within one year
 7 
(17,122)
(10,299)

Net current (liabilities)/assets
  
 
 
(13,166)
 
 
4,038

Total assets less current liabilities
  
32,516
25,107

Creditors: amounts falling due after more than one year
 8 
(15,750)
(7,583)

Provisions for liabilities
  

Deferred tax
 11 
(8,600)
(4,000)

  
 
 
(8,600)
 
 
(4,000)

Net assets
  
8,166
13,524


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
8,066
13,424

  
8,166
13,524


Page 1

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
REGISTERED NUMBER: 11284775
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers 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 director acknowledges his 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 by: 




J F Aspinall
Director

Date: 10 July 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Aspinall Property Management Consultancy Limited is a limited liability company incorporated and registered in England and Wales.
The registered office is:
54 Carless Avenue
Birmingham
B17 9BW
The principal activities of the company are property management consultancy services.
The financial statements are prepared in Sterling (£) which is the functional currency of the company. The financial statements are for the year ended 31 March 2024 (2023: for the year ended 31 March 2023).

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

Revenue

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.

Page 3

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Borrowing costs

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

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. 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.

 
2.6

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Motor vehicles
-
20%
reducing balance
Office equipment
-
33%
straight line

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.

Page 4

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

2024
2023
£
£

Directors remuneration
9,096
-

9,096
-


The average monthly number of employees, including directors, during the period was 1 (2023 - 1).

Page 5

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost


At 1 April 2023
35,281
6,000
41,281


Additions
54,304
307
54,611


Disposals
(35,281)
-
(35,281)



At 31 March 2024

54,304
6,307
60,611



Depreciation


At 1 April 2023
16,037
4,175
20,212


Charge for the period on owned assets
9,956
798
10,754


Disposals
(16,037)
-
(16,037)



At 31 March 2024

9,956
4,973
14,929



Net book value



At 31 March 2024
44,348
1,334
45,682



At 31 March 2023
19,244
1,825
21,069

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
44,348
-

44,348
-

Page 6

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
1,500
5,483

Prepayments and accrued income
879
520

2,379
6,003



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,577
8,334



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
3,500
3,500

Trade creditors
152
10

Corporation tax
511
3,515

Other taxation and social security
1,809
2,374

Obligations under finance lease and hire purchase contracts
10,000
-

Accruals and deferred income
1,150
900

17,122
10,299


The following liabilities were secured:

2024
2023
£
£



Hire purchase liabilities
21,667
-

21,667
-

Details of security provided:

Hire purchase liabilities are secured against the assets financed.
Bank loans relate to the Bounce Bank Loan Scheme and are unsecured against assets of the company. 

Page 7

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
4,083
7,583

Net obligations under finance leases and hire purchase contracts
11,667
-

15,750
7,583



9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Bank loans

Amounts falling due within one year
3,500
3,500

Amounts falling due 1-2 years
3,500
3,500

Amounts falling due 2-5 years
583
4,083

7,583
11,083



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
10,000
-

Between 1-5 years
11,667
-

21,667
-

Page 8

 
ASPINALL PROPERTY MANAGEMENT CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

11.


Deferred taxation




2024


£






At beginning of year
(4,000)


Charged to profit or loss
(4,600)



At end of year
(8,600)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(8,600)
(4,000)

(8,600)
(4,000)

 
Page 9