Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activity2023-01-01false33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09027692 2023-01-01 2023-12-31 09027692 2022-01-01 2022-12-31 09027692 2023-12-31 09027692 2022-12-31 09027692 c:Director1 2023-01-01 2023-12-31 09027692 d:CurrentFinancialInstruments 2023-12-31 09027692 d:CurrentFinancialInstruments 2022-12-31 09027692 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09027692 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09027692 d:ShareCapital 2023-12-31 09027692 d:ShareCapital 2022-12-31 09027692 d:RetainedEarningsAccumulatedLosses 2023-12-31 09027692 d:RetainedEarningsAccumulatedLosses 2022-12-31 09027692 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09027692 c:OrdinaryShareClass1 2023-12-31 09027692 c:OrdinaryShareClass2 2023-01-01 2023-12-31 09027692 c:OrdinaryShareClass2 2023-12-31 09027692 c:FRS102 2023-01-01 2023-12-31 09027692 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09027692 c:FullAccounts 2023-01-01 2023-12-31 09027692 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09027692 6 2023-01-01 2023-12-31 09027692 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09027692













Arlington (Milburngate) Limited

Financial statements
Information for filing with the registrar

31 December 2023




 
Arlington (Milburngate) Limited


Balance sheet
At 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 3 
33
33

  
33
33

Current assets
  

Debtors
 4 
10,845,753
10,404,752

Cash at bank and in hand
  
62
-

  
10,845,815
10,404,752

Creditors: amounts falling due within one year
 5 
(13,678,849)
(12,697,840)

Net current liabilities
  
 
 
(2,833,034)
 
 
(2,293,088)

Total assets less current liabilities
  
(2,833,001)
(2,293,055)

  

Net liabilities
  
(2,833,001)
(2,293,055)


Capital and reserves
  

Called up share capital 
 6 
1,500
1,500

Profit and loss account
  
(2,834,501)
(2,294,555)

Shareholders' deficit
  
(2,833,001)
(2,293,055)


1

 
Arlington (Milburngate) Limited

    
Balance sheet (continued)
At 31 December 2023

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 16 September 2024.



Allan Cook
Director

Registered number: 09027692
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Arlington (Milburngate) Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

1.


General information

Arlington (Milburngate) Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of the registered office is given in the company information page of this annual report.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdon and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date the company had excess liabilities over assets. The directors, having made
due and careful enquiry, are of the opinion that the company, with the support of its shareholders,
has adequate working capital to execute its operations over the next 12 months. The directors,
therefore, have made an informal judgement, at the time of approving the financial statements, that
there is reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future. As a result the directors have continued to adopt the going
concern basis of accounting in preparing the annual financial accounts.

 
2.3

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.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3

 
Arlington (Milburngate) Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

3.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 January 2023
33



At 31 December 2023
33





4.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
441,000
-

Other debtors
10,403,953
10,403,952

Called up share capital not paid
800
800

10,845,753
10,404,752



5.


Creditors: amounts falling due within one year

2023
2022
£
£

Other loans
13,672,389
12,692,767

Other creditors
33
33

Accruals and deferred income
6,427
5,040

13,678,849
12,697,840



6.


Share capital

2023
2022
£
£

Allotted, called up and partly paid



800 "A" Ordinary Shares shares of £1 each
800
800
700 "B" Ordinary Shares shares of £1 each
700
700

1,500

1,500

4

 
Arlington (Milburngate) Limited
 
 

Notes to the financial statements
Year ended 31 December 2023

7.


Related party transactions

Included within other loans are the following amounts due to related parties:

2023
2022
£
£



Arlington (Milburngate) Holding Co Limited
1,159,404
1,099,544

Turnbull Family Investments Limited
2,018,642
2,003,677

Turnbull Family Developments Limited
10,168,332
9,274,758

13,346,378
12,377,979

Interest has been incurred on these loans at 7.5%, no security has been given and the loans are repayable on demand.
Included within debtors there is an amount owed from the related party MGH Card LLP of £441,000 (2022 : £Nil)

5