Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsetrue0No description of principal activity2023-01-010falsetrue 14043234 2023-01-01 2023-12-31 14043234 2022-04-12 2022-12-31 14043234 2023-12-31 14043234 2022-12-31 14043234 c:Director2 2023-01-01 2023-12-31 14043234 d:FreeholdInvestmentProperty 2023-01-01 2023-12-31 14043234 d:FreeholdInvestmentProperty 2023-12-31 14043234 d:FreeholdInvestmentProperty 2022-12-31 14043234 d:CurrentFinancialInstruments 2023-12-31 14043234 d:CurrentFinancialInstruments 2022-12-31 14043234 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14043234 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 14043234 d:ShareCapital 2023-12-31 14043234 d:ShareCapital 2022-12-31 14043234 d:RetainedEarningsAccumulatedLosses 2023-12-31 14043234 d:RetainedEarningsAccumulatedLosses 2022-12-31 14043234 c:EntityHasNeverTraded 2023-01-01 2023-12-31 14043234 c:FRS102 2023-01-01 2023-12-31 14043234 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 14043234 c:FullAccounts 2023-01-01 2023-12-31 14043234 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 14043234 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 14043234










BLUE NOTE WESTERN FLEET LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BLUE NOTE WESTERN FLEET LIMITED
REGISTERED NUMBER: 14043234

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
2,544,335
2,333,084

  
2,544,335
2,333,084

Current assets
  

Debtors: Amounts falling due within one year
 5 
100
100

Cash at bank and in hand
 6 
92,118
-

  
92,218
100

Creditors: Amounts falling due within one year
 7 
(2,771,442)
(2,372,853)

Net current liabilities
  
 
 
(2,679,224)
 
 
(2,372,753)

Total assets less current liabilities
  
(134,889)
(39,669)

  

Net liabilities
  
(134,889)
(39,669)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(134,989)
(39,769)

  
(134,889)
(39,669)


Page 1

 
BLUE NOTE WESTERN FLEET LIMITED
REGISTERED NUMBER: 14043234
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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: 



................................................
W K D Laxton
Director

Date: 19 September 2024

Page 2

 
BLUE NOTE WESTERN FLEET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Blue Note Western Limited is a private company,limited by shares, registered in England and Wales, registration number 14043234. The registered office and trading address is 2 Babmaes Street, London, United Kingdom, SW1Y 6HD .

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.

 
2.2

Going concern

The financial statements for the Company have been prepared on a going concern basis. The Company recorded a loss after tax for the financial year of £95,220 and had net liabilities of £134,889 at the date of the Statement of Financial Position.
After reviewing the Company's forecasts and projections the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least the next twelve months following approval of these financial statements.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers 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 profit or loss.

 
2.4

Debtors

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

 
2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 3

 
BLUE NOTE WESTERN FLEET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 0 (2022 - 0).


4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
2,333,084


Additions at cost
211,251



At 31 December 2023
2,544,335

The 2023 valuations were made by the directors, on an open market value for existing use basis.




If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022
£
£


Historic cost
2,604,200
2,333,084

2,604,200
2,333,084


5.


Debtors

2023
2022
£
£


Called up share capital not paid
100
100



6.


Cash

2023
2022
£
£

Cash at bank and in hand
92,118
-


Page 4

 
BLUE NOTE WESTERN FLEET LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
2,771,442
2,372,853



8.


Controlling party

The immediate parent company is Blue Note Western Fleet Holdings Limited and the ultimate parent company is Mactaggart Heritable Limited, both of which are registered in England and Wales. Mactaggart Heritable Limited produces consolidated financial statements that are available to the public, from Registrar of Companies at Companies House.
The directors consider there to be no ultimate controlling party.

Page 5