Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false0property development0 08255904 2022-11-01 2023-10-31 08255904 2021-11-01 2022-10-31 08255904 2023-10-31 08255904 2022-10-31 08255904 c:Director1 2022-11-01 2023-10-31 08255904 d:CurrentFinancialInstruments 2023-10-31 08255904 d:CurrentFinancialInstruments 2022-10-31 08255904 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 08255904 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 08255904 d:ShareCapital 2023-10-31 08255904 d:ShareCapital 2022-10-31 08255904 d:RetainedEarningsAccumulatedLosses 2023-10-31 08255904 d:RetainedEarningsAccumulatedLosses 2022-10-31 08255904 c:FRS102 2022-11-01 2023-10-31 08255904 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08255904 c:FullAccounts 2022-11-01 2023-10-31 08255904 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 08255904









NEW FOREST NATIONAL PARK BUILDING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
NEW FOREST NATIONAL PARK BUILDING LIMITED
REGISTERED NUMBER: 08255904

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
553,014
529,664

  
553,014
529,664

Creditors: amounts falling due within one year
 5 
(561,698)
(537,094)

Net current liabilities
  
 
 
(8,684)
 
 
(7,430)

Total assets less current liabilities
  
(8,684)
(7,430)

  

Net liabilities
  
(8,684)
(7,430)


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
(8,984)
(7,730)

  
(8,684)
(7,430)


Page 1

 
NEW FOREST NATIONAL PARK BUILDING LIMITED
REGISTERED NUMBER: 08255904
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

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 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 on 3 September 2024.




................................................
Steven Brett
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
NEW FOREST NATIONAL PARK BUILDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

The Company is a private company, incorporated in England and Wales, limited by share capital. The principal activity of the Company throughout the year was property development.

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 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 accounts have been prepared on a going concern basis. The director has confirmed his continuing support of the Company.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

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.

 
2.5

Financial instruments

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.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.
Page 3

 
NEW FOREST NATIONAL PARK BUILDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.5
Financial instruments (continued)


Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL)

4.


Stocks

2023
2022
£
£

Work in progress
553,014
529,664

553,014
529,664



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
231,900
231,900

Other creditors
328,544
304,000

Accruals and deferred income
1,254
1,194

561,698
537,094


Page 4

 
NEW FOREST NATIONAL PARK BUILDING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.


Controlling party

The Company is controlled by the director Steven Brett due to his voting rights in the Company.

 
Page 5