Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30falsefalseNo description of principal activity2022-12-0111truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10733708 2022-12-01 2023-11-30 10733708 2021-12-01 2022-11-30 10733708 2023-11-30 10733708 2022-11-30 10733708 c:Director1 2022-12-01 2023-11-30 10733708 d:CurrentFinancialInstruments 2023-11-30 10733708 d:CurrentFinancialInstruments 2022-11-30 10733708 d:Non-currentFinancialInstruments 2023-11-30 10733708 d:Non-currentFinancialInstruments 2022-11-30 10733708 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10733708 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 10733708 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 10733708 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 10733708 d:ShareCapital 2023-11-30 10733708 d:ShareCapital 2022-11-30 10733708 d:RetainedEarningsAccumulatedLosses 2023-11-30 10733708 d:RetainedEarningsAccumulatedLosses 2022-11-30 10733708 c:OrdinaryShareClass1 2022-12-01 2023-11-30 10733708 c:OrdinaryShareClass1 2023-11-30 10733708 c:OrdinaryShareClass1 2022-11-30 10733708 c:OrdinaryShareClass2 2022-12-01 2023-11-30 10733708 c:OrdinaryShareClass2 2023-11-30 10733708 c:OrdinaryShareClass2 2022-11-30 10733708 c:FRS102 2022-12-01 2023-11-30 10733708 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 10733708 c:FullAccounts 2022-12-01 2023-11-30 10733708 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 10733708 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10733708










BRIMSTONE LIVING 3 LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
BRIMSTONE LIVING 3 LTD
REGISTERED NUMBER:10733708

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Current assets
  

Stocks
 4 
10,494
10,494

Debtors: amounts falling due within one year
 5 
34,140
41,200

Cash at bank and in hand
 6 
20
86

  
44,654
51,780

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(16,201)
(15,481)

Net current assets
  
 
 
28,453
 
 
36,299

Total assets less current liabilities
  
28,453
36,299

Creditors: amounts falling due after more than one year
 8 
(29,019)
(34,858)

Net (liabilities)/assets
  
(566)
1,441


Capital and reserves
  

Called up share capital 
 9 
101
101

Profit and loss account
  
(667)
1,340

  
(566)
1,441


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 comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
 
Page 1

 
BRIMSTONE LIVING 3 LTD
REGISTERED NUMBER:10733708

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023


The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J D Copas
Director

Date: 30 August 2024

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

Page 2

 
BRIMSTONE LIVING 3 LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Brimstone Living 3 Ltd is a limited liability company incorporated in England and Wales. 
The address of its registered office is 2 Communications Road, Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6AB.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
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

Borrowing costs

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

 
2.4

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 weighted average 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.

Page 3

 
BRIMSTONE LIVING 3 LTD
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
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.

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its 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.


3.


Employees

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


4.


Stocks

2023
2022
£
£

Work in progress
10,494
10,494


Page 4

 
BRIMSTONE LIVING 3 LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

5.


Debtors

2023
2022
£
£

Other debtors
34,140
41,200



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
20
86



7.


Creditors: amounts falling due within one year

2023
2022
£
£

Bank loans
6,122
6,122

Other creditors
8,849
8,099

Accruals and deferred income
1,230
1,260

16,201
15,481



8.


Creditors: amounts falling due after more than one year

2023
2022
£
£

Bank loans
29,019
34,858


Page 5

 
BRIMSTONE LIVING 3 LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) A Ordinary shares of £1 each
100
100
1 (2022 - 1) B Ordinary share of £1
1
1

101

101



10.


Related party transactions

At the year end the Company was owed £34,140 (2022 - £41,200) by Brimstone Living Ltd, its parent company. This amount is interest free, without security and repayable upon demand.
At the year end the Company owed £8,750 (2022 - £8,000) to the Director of Surefooted Properties Ltd, a shareholder of the Company. This amount is interest free, without security and repayable upon demand.


11.


Controlling party

The company is controlled by Brimstone Living Ltd.


Page 6