Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-05-230falsefalsetrue 14888355 2023-05-22 14888355 2023-05-23 2023-12-31 14888355 2022-05-23 2023-05-22 14888355 2023-12-31 14888355 c:Director2 2023-05-23 2023-12-31 14888355 d:CurrentFinancialInstruments 2023-12-31 14888355 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14888355 d:ShareCapital 2023-12-31 14888355 d:RetainedEarningsAccumulatedLosses 2023-12-31 14888355 c:FRS102 2023-05-23 2023-12-31 14888355 c:AuditExempt-NoAccountantsReport 2023-05-23 2023-12-31 14888355 c:FullAccounts 2023-05-23 2023-12-31 14888355 c:PrivateLimitedCompanyLtd 2023-05-23 2023-12-31 14888355 e:PoundSterling 2023-05-23 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 14888355









DOMINUS CRUTCHED FRIARS OP CO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
DOMINUS CRUTCHED FRIARS OP CO LIMITED
REGISTERED NUMBER: 14888355

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1

  
1

Creditors: amounts falling due within one year
 5 
(2,006)

Net current (liabilities)/assets
  
 
 
(2,005)

Total assets less current liabilities
  
(2,005)

  

Net (liabilities)/assets
  
(2,005)


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
(2,006)

  
(2,005)


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 period 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 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 18 September 2024.




S S Ahluwalia
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
DOMINUS CRUTCHED FRIARS OP CO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Dominus Crutched Friars Op Co Limited is a private company limited by shares and registered in England and Wales. The address of its principal place of business is 14A Shouldham Street, Marylebone, London, W1H 5FJ.

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 company's functional and presentational currency is GBP, rounded to the nearest £1.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company shows net liabilities at the balance sheet date of £2,006. The company has received formal confirmation from its creditors that the company will receive the financial support it requires to enable it to meet its liabilities as they fall due. Based on this assurance, the directors consider it appropriate to prepare the financial statements on a going concern basis.
In making their assessment of going concern, the directors have considered information for a period of at least twelve months from the date the financial statements were authorised for issue.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.4

Creditors

Short term creditors are measured at the transaction price.

 
2.5

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 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.

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
Page 2

 
DOMINUS CRUTCHED FRIARS OP CO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.5
Financial instruments (continued)

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.

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.

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration.



Page 3

 
DOMINUS CRUTCHED FRIARS OP CO LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Debtors

2023
£


Amounts owed by group undertakings
1

1



5.


Creditors: Amounts falling due within one year

2023
£

Bank overdrafts
240

Amounts owed to group undertakings
766

Accruals and deferred income
1,000

2,006



6.


Related party transactions

Dominus Crutched Friars Op Co Limited is a wholly owned subsidiary of Dominus Crutched Friars Limited, a company incorporated in England & Wales. The registered office of the company is 1 London Street, Reading, RG1 4PN.
The company has taken advantage of the exemption in FRS 102 from the requirement to disclose transactions with group companies.

 
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