Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30No description of principal activity2023-01-012false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12628408 2023-01-01 2024-06-30 12628408 2022-01-01 2022-12-31 12628408 2024-06-30 12628408 2022-12-31 12628408 c:Director1 2023-01-01 2024-06-30 12628408 c:Director2 2023-01-01 2024-06-30 12628408 d:CurrentFinancialInstruments 2024-06-30 12628408 d:CurrentFinancialInstruments 2022-12-31 12628408 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12628408 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12628408 d:ShareCapital 2024-06-30 12628408 d:ShareCapital 2022-12-31 12628408 d:RetainedEarningsAccumulatedLosses 2024-06-30 12628408 d:RetainedEarningsAccumulatedLosses 2022-12-31 12628408 c:FRS102 2023-01-01 2024-06-30 12628408 c:AuditExempt-NoAccountantsReport 2023-01-01 2024-06-30 12628408 c:FullAccounts 2023-01-01 2024-06-30 12628408 c:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 12628408









SEFTON STREET LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
SEFTON STREET LIMITED
REGISTERED NUMBER: 12628408

BALANCE SHEET
AS AT 30 JUNE 2024

30 June
31 December
2024
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,399
401

Cash at bank and in hand
 5 
-
3,171

  
2,399
3,572

Creditors: amounts falling due within one year
 6 
(6,122)
(3,570)

Net current (liabilities)/assets
  
 
 
(3,723)
 
 
2

Total assets less current liabilities
  
(3,723)
2

  

Net (liabilities)/assets
  
(3,723)
2


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(3,725)
-

  
(3,723)
2


Page 1

 
SEFTON STREET LIMITED
REGISTERED NUMBER: 12628408
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 by: 




J Horn
S Horne
Director
Director


Date: 9 August 2024

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

Page 2

 
SEFTON STREET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Sefton Street Limited is a private company limited by shares, incorporated in England & Wales (registered number: 12628408). The registered office of the company is 44 Welbeck Street, London W1G 8DY.
The financial statements are presented in Sterling, which is the functional currency of the company.  

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

Going concern

IIn assessing the ability of the company to operate as a going concern, management has evaluated current and forecasted operational results and the solvency of the company. The director has obtained assurances from the shareholders to continue to provide adequate funds to meet its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Borrowing costs

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

 
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.

 
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

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 3

 
SEFTON STREET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees

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


4.


Debtors

30 June
31 December
2024
2022
£
£


Trade debtors
2,399
-

Other debtors
-
401

2,399
401



5.


Cash and cash equivalents

30 June
31 December
2024
2022
£
£

Cash at bank and in hand
-
3,170

Less: bank overdrafts
(65)
-

(65)
3,170



6.


Creditors: Amounts falling due within one year

30 June
31 December
2024
2022
£
£

Bank overdrafts
65
-

Amounts owed to group undertakings
6,057
3,570

6,122
3,570



7.


Related party transactions

FRS102 does not require disclosure of transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.

Page 4

 
SEFTON STREET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

8.


Controlling party

The company is a wholly owned subsidiary of Horn & Horne Limited, a company incorporated in England & Wales. The company's results are consolidated in the accounts of Horn & Horne Limited. Copies of the Horn & Horne Limited accounts are available from Horn & Horne Limited, 45 Welbeck Street, London, W1G 8DZ.

 
Page 5