Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-302023-04-302022-05-01falseBuying and selling of own real estate. Other letting and operating of own or leased real estate22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11969738 2022-05-01 2023-04-30 11969738 2021-05-01 2022-04-30 11969738 2023-04-30 11969738 2022-04-30 11969738 c:Director1 2022-05-01 2023-04-30 11969738 d:Buildings 2023-04-30 11969738 d:Buildings 2022-04-30 11969738 d:CurrentFinancialInstruments 2023-04-30 11969738 d:CurrentFinancialInstruments 2022-04-30 11969738 d:Non-currentFinancialInstruments 2023-04-30 11969738 d:Non-currentFinancialInstruments 2022-04-30 11969738 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11969738 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 11969738 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11969738 d:Non-currentFinancialInstruments d:AfterOneYear 2022-04-30 11969738 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 11969738 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-04-30 11969738 d:ShareCapital 2023-04-30 11969738 d:ShareCapital 2022-04-30 11969738 d:RetainedEarningsAccumulatedLosses 2023-04-30 11969738 d:RetainedEarningsAccumulatedLosses 2022-04-30 11969738 c:FRS102 2022-05-01 2023-04-30 11969738 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11969738 c:FullAccounts 2022-05-01 2023-04-30 11969738 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11969738 e:PoundSterling 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 11969738









A&C FLATS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
A&C FLATS LIMITED
REGISTERED NUMBER: 11969738

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
669,000
669,000

  
669,000
669,000

Current assets
  

Debtors: amounts falling due within one year
 5 
1,522
4,559

Cash at bank and in hand
 6 
2,289
18,007

  
3,811
22,566

Creditors: amounts falling due within one year
 7 
(227,147)
(231,109)

Net current liabilities
  
 
 
(223,336)
 
 
(208,543)

Total assets less current liabilities
  
445,664
460,457

Creditors: amounts falling due after more than one year
 8 
(461,800)
(461,800)

  

Net liabilities
  
(16,136)
(1,343)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(16,236)
(1,443)

  
(16,136)
(1,343)


Page 1

 
A&C FLATS LIMITED
REGISTERED NUMBER: 11969738
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 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: 




Adam Lipman
Director

Date: 29 August 2024

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

Page 2

 
A&C FLATS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

A&C Flats Limited is a private company, limted by shares, incorporated in England and Wales (registered number: 11969738). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

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

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. The directors have 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 directors consider it appropriate to prepare the financial statements on a going concern basis.

 
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.

 
2.4

Borrowing costs

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

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 3

 
A&C FLATS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

3.


Employees




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


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 May 2022
669,000



At 30 April 2023

669,000






Net book value



At 30 April 2023
669,000



At 30 April 2022
669,000

Page 4

 
A&C FLATS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Debtors

2023
2022
£
£


Other debtors
-
2,861

Prepayments and accrued income
1,522
1,698

1,522
4,559



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,289
18,007

2,289
18,007



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
225,147
226,029

Accruals and deferred income
2,000
5,080

227,147
231,109



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
461,800
461,800

461,800
461,800


Page 5

 
A&C FLATS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Bank loans
461,800
461,800

461,800
461,800

461,800
461,800


 
Page 6