Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302trueNo description of principal activity2022-12-01false2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13741333 2022-12-01 2023-11-30 13741333 2021-11-12 2022-11-30 13741333 2023-11-30 13741333 2022-11-30 13741333 c:Director2 2022-12-01 2023-11-30 13741333 d:Buildings 2022-12-01 2023-11-30 13741333 d:Buildings 2023-11-30 13741333 d:Buildings 2022-11-30 13741333 d:CurrentFinancialInstruments 2023-11-30 13741333 d:CurrentFinancialInstruments 2022-11-30 13741333 d:Non-currentFinancialInstruments 2023-11-30 13741333 d:Non-currentFinancialInstruments 2022-11-30 13741333 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13741333 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 13741333 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 13741333 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 13741333 d:ShareCapital 2023-11-30 13741333 d:ShareCapital 2022-11-30 13741333 d:RetainedEarningsAccumulatedLosses 2023-11-30 13741333 d:RetainedEarningsAccumulatedLosses 2022-11-30 13741333 c:FRS102 2022-12-01 2023-11-30 13741333 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13741333 c:FullAccounts 2022-12-01 2023-11-30 13741333 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13741333 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 13741333









SEAVIEW ROAD PROPERTIES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
SEAVIEW ROAD PROPERTIES LTD
REGISTERED NUMBER: 13741333

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
22,126
22,126

  
22,126
22,126

Current assets
  

Cash at bank and in hand
 5 
735
100

  
735
100

Creditors: amounts falling due within one year
 6 
(1,364)
(838)

Net current liabilities
  
 
 
(629)
 
 
(738)

Total assets less current liabilities
  
21,497
21,388

Creditors: amounts falling due after more than one year
 7 
(21,330)
(21,126)

  

Net assets
  
167
262


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
67
162

  
167
262


Page 1

 
SEAVIEW ROAD PROPERTIES LTD
REGISTERED NUMBER: 13741333
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 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 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 by: 




Mr K Chauhan
Director

Date: 29 August 2024

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

Page 2

 
SEAVIEW ROAD PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

Seaview Road Properties Ltd is a private company limited by shares. The company is incoroporated in England and Wales and its registered address is Aston House, Cornwall Avenue, London N3 1LF. The company registered number is 13741333. 

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

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.

 
2.3

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.

 
2.4

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.

Page 3

 
SEAVIEW ROAD PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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

Depreciation is provided on the following basis:

Investment property
-
No depreciation

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.

 
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

Financial instruments

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance Sheet 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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.
Page 4

 
SEAVIEW ROAD PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)


2.7
Financial instruments (continued)



3.


Employees




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


4.


Tangible fixed assets





Investment property

£



Cost 


At 1 December 2022
22,126



At 30 November 2023

22,126






Net book value



At 30 November 2023
22,126



At 30 November 2022
22,126


5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
735
100

735
100


Page 5

 
SEAVIEW ROAD PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
38
38

Accruals and deferred income
1,326
800

1,364
838



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
21,330
21,126

21,330
21,126


 
Page 6