Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity11truetruefalse 04121197 2023-01-01 2023-12-31 04121197 2022-01-01 2022-12-31 04121197 2023-12-31 04121197 2022-12-31 04121197 c:Director1 2023-01-01 2023-12-31 04121197 d:OfficeEquipment 2023-01-01 2023-12-31 04121197 d:OfficeEquipment 2023-12-31 04121197 d:OfficeEquipment 2022-12-31 04121197 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04121197 d:CurrentFinancialInstruments 2023-12-31 04121197 d:CurrentFinancialInstruments 2022-12-31 04121197 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04121197 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04121197 d:ShareCapital 2023-12-31 04121197 d:ShareCapital 2022-12-31 04121197 d:RetainedEarningsAccumulatedLosses 2023-12-31 04121197 d:RetainedEarningsAccumulatedLosses 2022-12-31 04121197 c:FRS102 2023-01-01 2023-12-31 04121197 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04121197 c:FullAccounts 2023-01-01 2023-12-31 04121197 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04121197 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 04121197









BEVERLEY CUMMIN LETTINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BEVERLEY CUMMIN LETTINGS LIMITED
REGISTERED NUMBER: 04121197

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
As restated 2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,345
4,460

  
3,345
4,460

Current assets
  

Debtors: amounts falling due within one year
 5 
26,549
12,607

Cash at bank and in hand
  
122,975
177,910

  
149,524
190,517

Creditors: amounts falling due within one year
 6 
(58,345)
(74,146)

Net current assets
  
 
 
91,179
 
 
116,371

Total assets less current liabilities
  
94,524
120,831

  

Net assets
  
94,524
120,831


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
94,522
120,829

  
94,524
120,831

Page 1

 
BEVERLEY CUMMIN LETTINGS LIMITED
REGISTERED NUMBER: 04121197
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023

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 year 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 24 September 2024.




B C Cummin
Director

Page 2

 
BEVERLEY CUMMIN LETTINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


Company information

Beverley Cummin Lettings Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS. The company's trading address is 2 Hill Close, Hampstead Garden Suburb, London, NW11 7JP.

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

Revenue recognition

Property sale commissions are recognised in the period at the point of exchange between the current owner and the third party buying the property. Property lettings income is recognised as soon as a formal letting contract is signed by a third party and is then recognised in the profit and loss over the period of the letting.

 
2.3

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.4

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.5

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.

Page 3

 
BEVERLEY CUMMIN LETTINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is provided on the following basis:

Office equipment
-
25%
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.

 
2.6

Debtors

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

 
2.7

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.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

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.


3.


Employees



The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
BEVERLEY CUMMIN LETTINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 January 2023
15,073



At 31 December 2023

15,073



Depreciation


At 1 January 2023
10,613


Charge for the year on owned assets
1,115



At 31 December 2023

11,728



Net book value



At 31 December 2023
3,345



At 31 December 2022
4,460
Page 5

 
BEVERLEY CUMMIN LETTINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
As restated 2022
£
£


Trade debtors
3,434
-

Other debtors
23,115
12,607

26,549
12,607



6.


Creditors: Amounts falling due within one year

2023
As restated 2022
£
£

Trade creditors
7,237
-

Corporation tax
5,588
11,228

Other taxation and social security
-
138

Other creditors
19,921
31,285

Accruals and deferred income
25,599
31,495

58,345
74,146



7.


Transactions with directors

Interest is charged at 2.25% per annum and is capitalised. Interest amounting to £282 (2022: £189) has been accrued for the period. At the Statement of Financial Position date the balance owed by B C Cummin, the director of the company, was £16,758 (2022: £9,515).

 
Page 6