Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-302022-10-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Property surveyors0false0truefalse 13624237 2022-10-01 2023-09-30 13624237 2021-09-15 2022-09-30 13624237 2023-09-30 13624237 2022-09-30 13624237 c:Director1 2022-10-01 2023-09-30 13624237 d:CurrentFinancialInstruments 2023-09-30 13624237 d:CurrentFinancialInstruments 2022-09-30 13624237 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 13624237 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13624237 d:ShareCapital 2023-09-30 13624237 d:ShareCapital 2022-09-30 13624237 d:RetainedEarningsAccumulatedLosses 2023-09-30 13624237 d:RetainedEarningsAccumulatedLosses 2022-09-30 13624237 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-09-30 13624237 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-09-30 13624237 c:OrdinaryShareClass1 2022-10-01 2023-09-30 13624237 c:OrdinaryShareClass1 2023-09-30 13624237 c:OrdinaryShareClass1 2022-09-30 13624237 c:FRS102 2022-10-01 2023-09-30 13624237 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 13624237 c:FullAccounts 2022-10-01 2023-09-30 13624237 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 13624237 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13624237









SMITH HERITAGE HOME SURVEYS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
SMITH HERITAGE HOME SURVEYS LTD
REGISTERED NUMBER: 13624237

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors
 4 
63,009
-

Cash at bank and in hand
 5 
4,001
26,421

  
67,010
26,421

Creditors: amounts falling due within one year
 6 
(18,446)
(8,322)

Net current assets
  
 
 
48,564
 
 
18,099

Total assets less current liabilities
  
48,564
18,099

  

Net assets
  
48,564
18,099


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
48,563
18,098

  
48,564
18,099

Page 1

 
SMITH HERITAGE HOME SURVEYS LTD
REGISTERED NUMBER: 13624237
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 17 September 2024.




................................................
David Paul Smith
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
SMITH HERITAGE HOME SURVEYS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

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

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

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

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

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.

Page 3

 
SMITH HERITAGE HOME SURVEYS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




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


4.


Debtors

2023
2022
£
£


Other debtors
62,509
-

Prepayments and accrued income
500
-
Page 4

 
SMITH HERITAGE HOME SURVEYS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.Debtors (continued)


63,009
-



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
4,001
26,421

4,001
26,421



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Payments received on account
9,500
-

Corporation tax
7,782
7,302

Accruals and deferred income
1,164
1,020

18,446
8,322



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
4,001
26,421




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.
Page 5

 
SMITH HERITAGE HOME SURVEYS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



9.


Controlling party

The Company is controlled by the director David Paul Smith, by virtue of his shareholding as described in the director's report.

 
Page 6