Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity11truetruefalse 07561585 2023-01-01 2023-12-31 07561585 2022-01-01 2022-12-31 07561585 2023-12-31 07561585 2022-12-31 07561585 c:Director1 2023-01-01 2023-12-31 07561585 d:Buildings 2023-12-31 07561585 d:Buildings 2022-12-31 07561585 d:CurrentFinancialInstruments 2023-12-31 07561585 d:CurrentFinancialInstruments 2022-12-31 07561585 d:Non-currentFinancialInstruments 2023-12-31 07561585 d:Non-currentFinancialInstruments 2022-12-31 07561585 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07561585 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07561585 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07561585 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 07561585 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 07561585 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 07561585 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 07561585 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 07561585 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-12-31 07561585 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-12-31 07561585 d:ShareCapital 2023-12-31 07561585 d:ShareCapital 2022-12-31 07561585 d:RetainedEarningsAccumulatedLosses 2023-12-31 07561585 d:RetainedEarningsAccumulatedLosses 2022-12-31 07561585 c:FRS102 2023-01-01 2023-12-31 07561585 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07561585 c:FullAccounts 2023-01-01 2023-12-31 07561585 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07561585 2 2023-01-01 2023-12-31 07561585 6 2023-01-01 2023-12-31 07561585 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered Number:07561585













BEXVILLE MANAGEMENT LIMITED




UNAUDITED

FINANCIAL STATEMENTS
 
PAGES FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023











 
BEXVILLE MANAGEMENT LIMITED
REGISTERED NUMBER:07561585


BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
852,840
852,840

Investments
 5 
150,000
150,000

  
1,002,840
1,002,840

Current assets
  

Debtors: amounts falling due within one year
 6 
66,080
63,302

  
66,080
63,302

Creditors: amounts falling due within one year
 7 
(530,104)
(505,702)

Net current liabilities
  
 
 
(464,024)
 
 
(442,400)

Total assets less current liabilities
  
538,816
560,440

Creditors: amounts falling due after more than one year
 8 
(448,870)
(475,559)

  

Net assets
  
89,946
84,881


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
89,945
84,880

  
89,946
84,881



- 1 -



 
BEXVILLE MANAGEMENT LIMITED
REGISTERED NUMBER:07561585

    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 her 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 13 September 2024.




N Garton
Director

The notes on pages 3 to 7 form part of these financial statements.


- 2 -



 
BEXVILLE MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Bexville Management Limited is a private company limited by share capital incorporated in England and Wales, registered number 07561585. The address of the registered office is 820 The Crescent, Colchester Business Park, Colchester, Essex, CO4 9YQ. The Place of Business is The Wedding Shop, 4 High Street, Colchester, Essex, CO1 1DA.

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 Company's functional and presentational currency is GBP, rounding to £1.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director is satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future, and for a period of at least 12 months from date of approving these financial statements.
The company is reliant on income from its property which has one tenant, to continue trading. The director has considered the performance of the customer during their assessment of going concern and believe that the company will continue to receive rent for the foreseeable future.
For this reason the director has adopted the going concern basis in preparing the accounts.

 
2.3

Rental income

Revenue comprises rental income and 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.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Borrowing costs

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


- 3 -



 
BEXVILLE MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Current and deferred 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

  
2.7

Freehold property

Whilst the freehold property generates rental income it is not treated as an investment property as it is used in the trade of the company's subsidiary. Freehold land and property is therefore included at cost. No depreciation is provided on freehold land or property. Though contrary to the Companies Act, in the opinion of the director this is necessary to give a true and fair view of the financial position of the company. The company's policy is to maintain the property in a continual state of sound repair and accordingly the director is of the opinion that the life of the property is so long and residual values so high that their depreciation is insignificant.
The value of the property contained in the financial statements is reviewed on an annual basis by the director for impairment. Provision is made to reduce the value in the financial statements where it is felt the property value is overstated.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.9

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.


- 4 -



 
BEXVILLE MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees




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


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 January 2023
852,840



At 31 December 2023

852,840






Net book value



At 31 December 2023
852,840



At 31 December 2022
852,840


- 5 -



 
BEXVILLE MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
150,000



At 31 December 2023
150,000





6.


Debtors

2023
2022
£
£


Other debtors
66,080
63,302

66,080
63,302



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
30,000
30,000

Corporation tax
1,395
3,906

Other taxation and social security
33,750
24,750

Other creditors
463,724
445,811

Accruals and deferred income
1,235
1,235

530,104
505,702



- 6 -



 
BEXVILLE MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
448,870
475,559

448,870
475,559



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
30,000
30,000

Amounts falling due 1-2 years

Bank loans
30,000
30,000

Amounts falling due 2-5 years

Bank loans
90,000
90,000

Amounts falling due after more than 5 years

Bank loans
328,870
355,559

478,870
505,559



10.


Transactions with directors

At the 31 December 2023 the director owed the company £49,394 (2022 - £48,050). Interest is charged at the HMRC official rate.


11.


Controlling party

The company was under the control of Mrs N Garton throughout the year and prior period by virtue of her 100% shareholding.

 

- 7 -