Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31No description of principal activityfalse32023-02-012truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13878822 2023-02-01 2024-01-31 13878822 2022-01-28 2023-01-31 13878822 2024-01-31 13878822 2023-01-31 13878822 c:Director1 2023-02-01 2024-01-31 13878822 d:MotorVehicles 2023-02-01 2024-01-31 13878822 d:MotorVehicles 2024-01-31 13878822 d:MotorVehicles 2023-01-31 13878822 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13878822 d:FurnitureFittings 2023-02-01 2024-01-31 13878822 d:FurnitureFittings 2024-01-31 13878822 d:FurnitureFittings 2023-01-31 13878822 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13878822 d:ComputerEquipment 2023-02-01 2024-01-31 13878822 d:ComputerEquipment 2024-01-31 13878822 d:ComputerEquipment 2023-01-31 13878822 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13878822 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 13878822 d:CurrentFinancialInstruments 2024-01-31 13878822 d:CurrentFinancialInstruments 2023-01-31 13878822 d:Non-currentFinancialInstruments 2024-01-31 13878822 d:Non-currentFinancialInstruments 2023-01-31 13878822 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13878822 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13878822 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 13878822 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 13878822 d:ShareCapital 2024-01-31 13878822 d:ShareCapital 2023-01-31 13878822 d:RetainedEarningsAccumulatedLosses 2024-01-31 13878822 d:RetainedEarningsAccumulatedLosses 2023-01-31 13878822 c:OrdinaryShareClass1 2023-02-01 2024-01-31 13878822 c:OrdinaryShareClass1 2024-01-31 13878822 c:OrdinaryShareClass1 2023-01-31 13878822 c:FRS102 2023-02-01 2024-01-31 13878822 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13878822 c:FullAccounts 2023-02-01 2024-01-31 13878822 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13878822 2 2023-02-01 2024-01-31 13878822 6 2023-02-01 2024-01-31 13878822 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13878822









SKYLARK REAL ESTATE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
SKYLARK REAL ESTATE LIMITED
REGISTERED NUMBER: 13878822

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
84,798
44,064

Investments
  
5,200
-

  
89,998
44,064

Current assets
  

Debtors: amounts falling due within one year
 6 
45,120
35

Cash at bank and in hand
 7 
2,414
57,711

  
47,534
57,746

Creditors: amounts falling due within one year
 8 
(117,076)
(46,223)

Net current (liabilities)/assets
  
 
 
(69,542)
 
 
11,523

Total assets less current liabilities
  
20,456
55,587

Creditors: amounts falling due after more than one year
 9 
(9,999)
(10,000)

  

Net assets
  
10,457
45,587


Capital and reserves
  

Called up share capital 
 10 
12
12

Profit and loss account
  
10,445
45,575

  
10,457
45,587


Page 1

 
SKYLARK REAL ESTATE LIMITED
REGISTERED NUMBER: 13878822
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

The directors consider 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 directors acknowledge their 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.

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




R C Cuthbert
Director

Date: 18 September 2024

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

Page 2

 
SKYLARK REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Skylark Real Estate Limited is a private company limited by shares and incorporated in England & Wales (registered number 13878822). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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

Interest income

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

 
2.4

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.

Page 3

 
SKYLARK REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model 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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures and fittings
-
25%
Computer equipment
-
25%

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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

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.

 
2.8

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 3).

Page 4

 
SKYLARK REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
43,464
556
1,298
45,318


Additions
58,311
1,013
139
59,463



At 31 January 2024

101,775
1,569
1,437
104,781



Depreciation


At 1 February 2023
905
81
267
1,253


Charge for the year on owned assets
18,155
245
330
18,730



At 31 January 2024

19,060
326
597
19,983



Net book value



At 31 January 2024
82,715
1,243
840
84,798


5.


Fixed asset investments





Listed investments

£



Cost or valuation


Additions
5,200





6.


Debtors

2024
2023
£
£


Trade debtors
39,600
-

Other debtors
106
35

Prepayments and accrued income
5,414
-

45,120
35


Page 5

 
SKYLARK REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,414
57,711

2,414
57,711



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
731
6,000

Corporation tax
35,814
15,871

Other taxation and social security
4,906
21,058

Other creditors
73,125
794

Accruals and deferred income
2,500
2,500

117,076
46,223



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
9,999
10,000

9,999
10,000



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



12 (2023 - 12) Ordinary Shares shares of £1.00 each
12
12


 
Page 6