Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31false22No description of principal activity2023-02-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10526564 2023-02-01 2024-01-31 10526564 2022-02-01 2023-01-31 10526564 2024-01-31 10526564 2023-01-31 10526564 c:Director1 2023-02-01 2024-01-31 10526564 d:CurrentFinancialInstruments 2024-01-31 10526564 d:CurrentFinancialInstruments 2023-01-31 10526564 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 10526564 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 10526564 d:ShareCapital 2024-01-31 10526564 d:ShareCapital 2023-01-31 10526564 d:InvestmentPropertiesRevaluationReserve 2024-01-31 10526564 d:InvestmentPropertiesRevaluationReserve 2023-01-31 10526564 d:RetainedEarningsAccumulatedLosses 2024-01-31 10526564 d:RetainedEarningsAccumulatedLosses 2023-01-31 10526564 c:FRS102 2023-02-01 2024-01-31 10526564 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10526564 c:FullAccounts 2023-02-01 2024-01-31 10526564 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10526564 d:OtherDeferredTax 2024-01-31 10526564 d:OtherDeferredTax 2023-01-31 10526564 6 2023-02-01 2024-01-31 10526564 d:Right-of-useInvestmentProperty 2024-01-31 10526564 d:Right-of-useInvestmentProperty 2023-01-31 10526564 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 10526564









DOVERCOURT INVESTMENTS ESSEX LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
DOVERCOURT INVESTMENTS ESSEX LIMITED
REGISTERED NUMBER: 10526564

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
  
100
-

Investment property
 5 
300,000
300,000

  
300,100
300,000

  

Creditors: amounts falling due within one year
 6 
(82,971)
(81,591)

Net current liabilities
  
 
 
(82,971)
 
 
(81,591)

Total assets less current liabilities
  
217,129
218,409

Provisions for liabilities
  

Deferred tax
 7 
(55,478)
(55,478)

  
 
 
(55,478)
 
 
(55,478)

Net assets
  
161,651
162,931


Capital and reserves
  

Called up share capital 
  
12
12

Investment property reserve
  
166,433
166,433

Profit and loss account
  
(4,794)
(3,514)

  
161,651
162,931


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 on 12 September 2024.

Page 1

 
DOVERCOURT INVESTMENTS ESSEX LIMITED
REGISTERED NUMBER: 10526564
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

Ugur Kaan Isbasaran
Director

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

Page 2

 
DOVERCOURT INVESTMENTS ESSEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Dovercourt Investments Essex Limited is a private company limited by share capital, incorporated in England and Wales, registration number 10526564. The address of the registered office is 291 Green Lanes, London N13 4XS.

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

Going concern

The director's are of the opinion that the company can continue trading as a going concern for a period of at least 12 months from the approval of the financial statements. The company has no fixed overheads and incur incidental administrative costs that they will continue to support.

 
2.3

Current and deferred taxation

The tax expense for the year 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 3

 
DOVERCOURT INVESTMENTS ESSEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.4

Investment property

Investment property is carried at fair value determined annually by the Directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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

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.


3.


Employees




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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
100



At 31 January 2024
100




Page 4

 
DOVERCOURT INVESTMENTS ESSEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Investment property


Property held for develop-ment

£



Valuation


At 1 February 2023
300,000



At 31 January 2024
300,000

The 2024 valuations were made by the Directors, on an open market value for existing use basis.

2024
£

Revaluation reserves


At 1 February 2023
166,433

166,433





6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
691
681

Amounts owed to group undertakings
19,192
19,192

Other creditors
61,398
61,298

Accruals and deferred income
1,690
420

82,971
81,591



7.


Deferred taxation




2024


£






At beginning of year
(55,478)



At end of year
(55,478)

Page 5

 
DOVERCOURT INVESTMENTS ESSEX LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
 
7.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Fair value movement
(55,478)
(55,478)

(55,478)
(55,478)


8.


Related party transactions

Included within Other Creditors due in less than one year are loan amounts of £61,398 (2023: £61,298) due to the Directors and £19,142 (2023: £19,142) due to a subsidiary company. The loans are unsecured, free of interest and repayable on demand.

 
Page 6