Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false2022-11-10The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity1truetrue 14475224 2022-11-09 14475224 2022-11-10 2023-11-30 14475224 2021-11-10 2022-11-09 14475224 2023-11-30 14475224 c:Director1 2022-11-10 2023-11-30 14475224 d:OfficeEquipment 2022-11-10 2023-11-30 14475224 d:OfficeEquipment 2023-11-30 14475224 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-10 2023-11-30 14475224 d:CurrentFinancialInstruments 2023-11-30 14475224 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14475224 d:ShareCapital 2023-11-30 14475224 d:RetainedEarningsAccumulatedLosses 2023-11-30 14475224 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 14475224 c:FRS102 2022-11-10 2023-11-30 14475224 c:AuditExempt-NoAccountantsReport 2022-11-10 2023-11-30 14475224 c:FullAccounts 2022-11-10 2023-11-30 14475224 c:PrivateLimitedCompanyLtd 2022-11-10 2023-11-30 14475224 e:PoundSterling 2022-11-10 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 14475224










CHATEAU MIRADOR LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2023

 
CHATEAU MIRADOR LIMITED
REGISTERED NUMBER: 14475224

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
6,912

  
6,912

Current assets
  

Debtors: amounts falling due within one year
 5 
14,000

Cash at bank and in hand
 6 
96,579

  
110,579

Creditors: amounts falling due within one year
 7 
(45,323)

Net current assets
  
 
 
65,256

Total assets less current liabilities
  
72,168

Provisions for liabilities
  

Deferred tax
  
(1,728)

  
 
 
(1,728)

Net assets
  
70,440


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
70,439

  
70,440


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 period 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 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.



Page 1

 
CHATEAU MIRADOR LIMITED
REGISTERED NUMBER: 14475224

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023


S Smillie
Director

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

Page 2

 
CHATEAU MIRADOR LIMITED
 

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

1.


General information

The company is a private company limited by shares and was incorporated in England and Wales on 10 November 2022. The company commenced trade on 1st January 2023.
The registered office is:
Kingsridge House,
601 London Road, 
Westcliff-on-Sea,
Essex,
SS0 9PE.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
CHATEAU MIRADOR LIMITED
 

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

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. 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.

Page 4

 
CHATEAU MIRADOR LIMITED
 

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

2.Accounting policies (continued)

 
2.6

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:

Office equipment
-
15%
reducing balance

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.

 
2.7

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

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.

 
2.9

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.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

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.

Page 5

 
CHATEAU MIRADOR LIMITED
 

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

3.


Employees




The average monthly number of employees, including directors, during the period was 1.


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


Additions
7,472



At 30 November 2023

7,472



Depreciation


Charge for the period on owned assets
560



At 30 November 2023

560



Net book value



At 30 November 2023
6,912


5.


Debtors

2023
£


Prepayments and accrued income
14,000

14,000



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
96,579

96,579


Page 6

 
CHATEAU MIRADOR LIMITED
 

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

7.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
38,591

Other taxation and social security
4,317

Director's loan account
415

Accruals and deferred income
2,000

45,323



8.


Deferred taxation



2023


£






Charged to profit or loss
1,728



At end of year
1,728

The deferred taxation balance is made up as follows:

2023
£


Accelerated capital allowances
1,728

1,728


Page 7