Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse12022-09-011 10348794 2022-09-01 2023-08-31 10348794 2021-09-01 2022-08-31 10348794 2023-08-31 10348794 2022-08-31 10348794 c:Director1 2022-09-01 2023-08-31 10348794 d:FreeholdInvestmentProperty 2022-09-01 2023-08-31 10348794 d:FreeholdInvestmentProperty 2023-08-31 10348794 d:FreeholdInvestmentProperty 2022-08-31 10348794 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 10348794 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 10348794 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 10348794 d:Non-currentFinancialInstruments d:AfterOneYear 2022-08-31 10348794 d:ShareCapital 2023-08-31 10348794 d:ShareCapital 2022-08-31 10348794 d:RetainedEarningsAccumulatedLosses 2023-08-31 10348794 d:RetainedEarningsAccumulatedLosses 2022-08-31 10348794 c:OrdinaryShareClass1 2022-09-01 2023-08-31 10348794 c:OrdinaryShareClass1 2023-08-31 10348794 c:OrdinaryShareClass1 2022-08-31 10348794 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 10348794 c:FullAccounts 2022-09-01 2023-08-31 10348794 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 10348794 c:Micro-entities 2022-09-01 2023-08-31 10348794 e:PoundSterling 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10348794









TREVISO LTD







UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS 

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
TREVISO LTD
REGISTERED NUMBER: 10348794

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
  
49
129

Investment property
 3 
767,159
758,747

  
767,208
758,876

Current assets
  

Debtors
  
5,217
5,216

Cash at bank and in hand
  
3,146
340

  
8,363
5,556

Creditors: amounts falling due within one year
  
(279,763)
(278,817)

Net current liabilities
  
 
 
(271,400)
 
 
(273,261)

Total assets less current liabilities
  
495,808
485,615

Creditors: amounts falling due after more than one year
  
(498,482)
(500,782)

  

Net liabilities
  
(2,674)
(15,167)


Capital and reserves
  

Called up share capital 
 4 
3
3

Profit and loss account
  
(2,677)
(15,170)

  
(2,674)
(15,167)

Page 1

 
TREVISO LTD
REGISTERED NUMBER: 10348794
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023

Notes


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the
United Kingdom, registration number 10348794. The Company's registered office is Sterling House, 71
Francis Road, Edgbaston, Birmingham, B16 8SP.
The financial statements are presented in sterling which is the functional currency of the company and the
financial statements are rounded to the nearest £1.


Average number of employees

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

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.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the 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 30 August 2024.



H B Patel
Director

Page 2

 
TREVISO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.Accounting policies

 
1.1

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 Financial Reporting Standard 105 the UK and the Republic of Ireland and the Companies Act 2006.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
1.2

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.

 
1.3

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.

 
1.4

Tangible fixed assets

Tangible fixed assets under the cost model, other than investment properties, 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

 
TREVISO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.Accounting policies (continued)


1.4
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:

Fixtures and fittings
-
15%

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.

 
1.5

Investment property

Investment property is carried at fair value determined annually by the director 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.

 
1.6

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.

 
1.7

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.

 
1.8

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 4

 
TREVISO LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.


Employees




The average monthly number of employees during the year was as follows:


        2023
        2022
            No.
            No.







Director
1
1


3.


Investment property


Freehold investment property

£



Valuation


At 1 September 2022
758,747


Additions at cost
8,412



At 31 August 2023
767,159


Comprising


Cost
767,159

At 31 August 2023
767,159

The director has considered the valuation of the properties and is of the opinion that the cost of purchase
is a fair reflection of the fair value as at 31 August 2023







4.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



3 (2022 - 3) Ordinary shares of £1.00 each
3
3


 
Page 5