Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrue2023-01-01false11 05949980 2023-01-01 2023-12-31 05949980 2022-01-01 2022-12-31 05949980 2023-12-31 05949980 2022-12-31 05949980 c:Director1 2023-01-01 2023-12-31 05949980 d:CurrentFinancialInstruments 2023-12-31 05949980 d:CurrentFinancialInstruments 2022-12-31 05949980 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05949980 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05949980 d:ShareCapital 2023-12-31 05949980 d:ShareCapital 2022-12-31 05949980 d:RetainedEarningsAccumulatedLosses 2023-12-31 05949980 d:RetainedEarningsAccumulatedLosses 2022-12-31 05949980 c:FRS102 2023-01-01 2023-12-31 05949980 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05949980 c:FullAccounts 2023-01-01 2023-12-31 05949980 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 05949980









HALE VILLAGE MANAGEMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
HALE VILLAGE MANAGEMENT LIMITED
REGISTERED NUMBER: 05949980

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
2022
2022
Note
£
£
£
£

Current assets
  

Debtors: amounts falling due within one year
 4 
186,879
283,227

Cash at bank and in hand
  
38,486
10,077

  
225,365
293,304

Creditors: amounts falling due within one year
 5 
(80,716)
(147,742)

Net assets
  
 
 
144,649
 
 
145,562


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
144,648
145,561

  
144,649
145,562


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 his 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 20 September 2024.




J Polledri
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
HALE VILLAGE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Hale Village Management Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA. Its principal activity is management of real estate.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

Finance costs

Finance costs are charged to the Statement of comprehensive income over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 
HALE VILLAGE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in the Statement of comprehensive income 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.

 
2.5

Debtors

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

 
2.6

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. 

 
2.7

Creditors

Short-term creditors are measured at the transaction price. 

 
2.8

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.


3.


Employees

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

Page 3

 
HALE VILLAGE MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£

Trade debtors
-
21,600

Other debtors
186,879
192,137

Prepayments and accrued income
-
69,490

186,879
283,227



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
5,851
4,475

Corporation tax
-
1,111

Other taxation and social security
5,304
7,845

Other creditors
35,151
20,411

Accruals and deferred income
34,410
113,900

80,716
147,742



6.


Related party transactions

Included within other debtors are amounts of £186,879 (2022 - £146,687) due from companies under common control.
Included within other creditors are amounts of £19,740 (
2022 - £Nil) due to companies under common control.


7.


Controlling party

The Company regards J Polledri as its ultimate controlling party.

 
Page 4