Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3142023-04-01falseNo description of principal activity4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02567296 2023-04-01 2024-03-31 02567296 2022-04-01 2023-03-31 02567296 2024-03-31 02567296 2023-03-31 02567296 c:Director3 2023-04-01 2024-03-31 02567296 d:Non-currentFinancialInstruments d:ListedExchangeTraded 2024-03-31 02567296 d:Non-currentFinancialInstruments d:ListedExchangeTraded 2023-03-31 02567296 d:CurrentFinancialInstruments 2024-03-31 02567296 d:CurrentFinancialInstruments 2023-03-31 02567296 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02567296 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02567296 d:ShareCapital 2024-03-31 02567296 d:ShareCapital 2023-03-31 02567296 d:RetainedEarningsAccumulatedLosses 2024-03-31 02567296 d:RetainedEarningsAccumulatedLosses 2023-03-31 02567296 c:OrdinaryShareClass1 2023-04-01 2024-03-31 02567296 c:OrdinaryShareClass1 2024-03-31 02567296 c:OrdinaryShareClass2 2023-04-01 2024-03-31 02567296 c:OrdinaryShareClass2 2024-03-31 02567296 c:FRS102 2023-04-01 2024-03-31 02567296 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02567296 c:FullAccounts 2023-04-01 2024-03-31 02567296 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02567296 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 02567296 d:AcceleratedTaxDepreciationDeferredTax 2023-03-31 02567296 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 02567296 d:TaxLossesCarry-forwardsDeferredTax 2023-03-31 02567296 2 2023-04-01 2024-03-31 02567296 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02567296









MANSION HOUSE ESTATES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
MANSION HOUSE ESTATES LIMITED
REGISTERED NUMBER: 02567296

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
396,608
144,605

  
396,608
144,605

Current assets
  

Debtors: amounts falling due within one year
 5 
134,958
134,999

Cash at bank and in hand
  
15,943
257,353

  
150,901
392,352

Creditors: amounts falling due within one year
 6 
(14,026)
(10,415)

Net current assets
  
 
 
136,875
 
 
381,937

  

Net assets
  
533,483
526,542


Capital and reserves
  

Called up share capital 
 8 
414,901
414,901

Retained earnings
  
118,582
111,641

Shareholders' funds
  
533,483
526,542


Page 1

 
MANSION HOUSE ESTATES LIMITED
REGISTERED NUMBER: 02567296
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 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 Company's financial statementsts have been prepared and 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: 




H T Orchard-Lisle
Director

Date: 19 August 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
MANSION HOUSE ESTATES LIMITED
 
 
 
NOTES TO THE STATUTORY ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Mansion House Estates Limited is a private company, limited by shares, incorporated in England and Wales with registration number 02567296. The address of the registered office is Old Library Chambers, 21 Chipper Lane, Salisbury, Wiltshire, SP1 1BG.

2.Accounting policies

 
2.1

Basis of preparation of statutory accounts

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

The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast doubt on the Company's ability to continue as a going concern.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
MANSION HOUSE ESTATES LIMITED
 
 
 
NOTES TO THE STATUTORY ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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.

Where the Company collects income as agent, this revenue is not included within turnover. Recharged expenses are therefore not included in turnover.

 
2.5

Interest income

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

 
2.6

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 4

 
MANSION HOUSE ESTATES LIMITED
 
 
 
NOTES TO THE STATUTORY ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

Financial assets and financial liabilities are recognised in the Balance Sheet when the Company becomes a party to the contractual provisions of the instrument. 
Investments in listed shares are classified as basic financial instruments. They are initially measured at transaction price and subsequently measured at fair value, with changes in fair value being recognised in profit or loss. Fair value is determined using the quoted bid price at the balance sheet date.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank, short-term bank deposits with an original maturity of three months or less and bank overdrafts which are an integral part of the Company’s cash management.
Financial liabilities and equity instruments issued by the Company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs.
Interest bearing bank loans, overdrafts and other loans which meet the criteria to be classified as basic financial instruments are initially recorded at the present value of cash payable to the bank, which is ordinarily equal to the proceeds received net of direct issue costs. These liabilities are subsequently measured at amortised cost, using the effective interest rate method.

 
2.8

Current and deferred 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 balance sheet date in the countries where the Company operates and generates income.

 
2.9

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. 


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
MANSION HOUSE ESTATES LIMITED
 
 
 
NOTES TO THE STATUTORY ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Listed investments

£



Valuation


At 1 April 2023
144,605


Additions
281,208


Disposals
(45,568)


Revaluations
16,363



At 31 March 2024
396,608






5.


Debtors

2024
2023
£
£


Other debtors
359
2,838

Deferred taxation
134,599
132,161

134,958
134,999



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
3,180
3,180

Accruals and deferred income
10,846
7,235

14,026
10,415


Page 6

 
MANSION HOUSE ESTATES LIMITED
 
 
 
NOTES TO THE STATUTORY ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Deferred taxation




2024


£






At beginning of year
(132,161)


Charged to profit or loss
(2,438)



At end of year
(134,599)

The deferred tax asset is made up as follows:

2024
2023
£
£


Capital gains
963
963

Losses and other deductions
(135,562)
(133,124)

(134,599)
(132,161)


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



3 Ordinary A shares of £1.00 each
3
3
414,898 Ordinary B shares of £1.00 each
414,898
414,898

414,901

414,901

The Ordinary A shares have attached to them voting and dividend rights and are irredeemable. Each
share entitles the holder to participate in a return of capital, whether on a winding up or otherwise, in
accordance with Article 2.10 of the Articles of Association of the Company.
The Ordinary B shares have attached to them dividend rights but no voting rights and are irredeemable. Each share entitles the holder to participate in a return of capital, whether on a winding up or otherwise, in accordance with Article 2.10 of the Articles of Association of the Company.


Page 7

 
MANSION HOUSE ESTATES LIMITED
 
 
 
NOTES TO THE STATUTORY ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Related party transactions

At the year end, the Company owed £3,180 (2023 - £3,180) to the directors. This loan is unsecured, interest free and repayable on demand.


10.


Controlling party

In the opinion of the directors, there is no ultimate controlling party.

 
Page 8