Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30truefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-12-01falseNo description of principal activity11true 11077177 2022-12-01 2023-11-30 11077177 2021-12-01 2022-11-30 11077177 2023-11-30 11077177 2022-11-30 11077177 c:Director1 2022-12-01 2023-11-30 11077177 d:FreeholdInvestmentProperty 2023-11-30 11077177 d:FreeholdInvestmentProperty 2022-11-30 11077177 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 11077177 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 11077177 d:ShareCapital 2023-11-30 11077177 d:ShareCapital 2022-11-30 11077177 d:RetainedEarningsAccumulatedLosses 2023-11-30 11077177 d:RetainedEarningsAccumulatedLosses 2022-11-30 11077177 c:FRS102 2022-12-01 2023-11-30 11077177 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11077177 c:FullAccounts 2022-12-01 2023-11-30 11077177 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11077177 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 11077177









C R PROPERTIES (LINCOLN) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
C R PROPERTIES (LINCOLN) LIMITED
REGISTERED NUMBER: 11077177

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
140,628
140,628

Current assets
  

Debtors
  
309
521

Cash at bank and in hand
  
669
1,115

  
978
1,636

Creditors: amounts falling due within one year
  
(142,262)
(142,262)

Net current liabilities
  
 
 
(141,284)
 
 
(140,626)

  

Net (liabilities)/assets
  
(656)
2


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(658)
-

  
(656)
2


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 year 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 profit and loss account 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 on 29 August 2024.



C Randall
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
C R PROPERTIES (LINCOLN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

The company is a private limited company, which is incorporated and registered in England (registration number 11077177). The address of the registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR.   

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

.At the date of approving the financial statements, there remains a degree of uncertainty surrounding the full impact of Brexit, combined with cost of living pressures and the wider geopolitical environment. However, these have not had a significant impact on the company's operations.                                                                                                      The director believe it is appropriate to adopt the going concern basis of preparation of the finanancial statements.

Page 2

 
C R PROPERTIES (LINCOLN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 
C R PROPERTIES (LINCOLN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Investment property


Freehold investment property

£



Valuation


At 1 December 2022
140,628



At 30 November 2023
140,628

The 2023 valuations were made by the director, on an open market value for existing use basis.







5.


First time adoption of FRS 102

The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

 
Page 4