Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activity2023-01-01false01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03684637 2023-01-01 2023-12-31 03684637 2022-01-01 2022-12-31 03684637 2023-12-31 03684637 2022-12-31 03684637 c:Director1 2023-01-01 2023-12-31 03684637 c:RegisteredOffice 2023-01-01 2023-12-31 03684637 d:Buildings 2023-01-01 2023-12-31 03684637 d:Buildings 2023-12-31 03684637 d:Buildings 2022-12-31 03684637 d:CurrentFinancialInstruments 2023-12-31 03684637 d:CurrentFinancialInstruments 2022-12-31 03684637 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03684637 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03684637 d:ShareCapital 2023-12-31 03684637 d:ShareCapital 2022-12-31 03684637 d:OtherMiscellaneousReserve 2023-01-01 2023-12-31 03684637 d:OtherMiscellaneousReserve 2023-12-31 03684637 d:OtherMiscellaneousReserve 2022-12-31 03684637 d:RetainedEarningsAccumulatedLosses 2023-12-31 03684637 d:RetainedEarningsAccumulatedLosses 2022-12-31 03684637 c:OrdinaryShareClass1 2023-01-01 2023-12-31 03684637 c:OrdinaryShareClass1 2023-12-31 03684637 c:OrdinaryShareClass1 2022-12-31 03684637 c:FRS102 2023-01-01 2023-12-31 03684637 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03684637 c:FullAccounts 2023-01-01 2023-12-31 03684637 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03684637 2 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure


Registered number: 03684637












OLD CHELSEA MEWS MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


OLD CHELSEA MEWS MANAGEMENT LIMITED

CONTENTS



Page
Company information
 
1
Balance sheet
 
2 - 3
Notes to the financial statements
 
4 - 7



OLD CHELSEA MEWS MANAGEMENT LIMITED
 
COMPANY INFORMATION


Director
R K McMahon 




Registered number
03684637



Registered office
16 Great Queen Street
Covent Garden

London

WC2B 5AH




Accountants
Blick Rothenberg Limited
Chartered Accountants

16 Great Queen Street

Covent Garden

London

WC2B 5AH




Page 1

        REGISTERED NUMBER:03684637
OLD CHELSEA MEWS MANAGEMENT LIMITED

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1
1

Current assets
  

Debtors: amounts falling due within one year
 5 
205
172

Cash at bank and in hand
  
24,206
31,512

  
24,411
31,684

Creditors: amounts falling due within one year
 6 
(8,430)
(17,770)

Net current assets
  
 
 
15,981
 
 
13,914

Total assets less current liabilities
  
15,982
13,915

  

Net assets
  
15,982
13,915


Capital and reserves
  

Called up share capital 
  
6
6

Other reserves
 8 
15,940
13,872

Profit and loss reserves
 8 
36
37

Total equity
  
15,982
13,915


Page 2

        REGISTERED NUMBER:03684637
OLD CHELSEA MEWS MANAGEMENT LIMITED
    
BALANCE SHEET (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 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 within Part 15 of the Companies Act 2006 and in accordance with Section 1A of Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland.

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 profit and loss account 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: 


R K McMahon
Director

Date: 25 September 2024

Page 3


OLD CHELSEA MEWS MANAGEMENT LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Old Chelsea Mews Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 16 Great Queen Street, Covent Garden, London, WC2B 5AH.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 accounts are prepared on the accruals basis.

The following principal accounting policies have been applied:

  
2.2

Income and expenditure

Income and expenses are included in the financial statements as they become due.

 
2.3

Interest income

Interest income is recognised in the Profit and Loss Account using the effective interest method.

 
2.4

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.

 
2.5

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 4


OLD CHELSEA MEWS MANAGEMENT LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Land and buildings freehold
-
No depreciation is charged on land

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.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Profit and Loss Account.

  
2.6

Debtors

Short term debtors are measured at amount invoiced.

 
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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

  
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

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 2 (2022 -2).

Page 5


OLD CHELSEA MEWS MANAGEMENT LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Land and buildings

£



Cost or valuation


At 1 January 2023
1



At 31 December 2023

1






Net book value



At 31 December 2023
1



At 31 December 2022
1

Freehold land and buildings represents land owned by Old Chelsea Mews Management Ltd, under title number BGL27177.

Page 6


OLD CHELSEA MEWS MANAGEMENT LIMITED
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Other debtors
1
1

Prepayments and accrued income
204
171

205
172



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Payments received on account
5,696
15,250

Corporation tax
62
-

Accruals and deferred income
2,672
2,520

8,430
17,770



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



6 (2022 -6) Ordinary shares of £1.00 each
6
6


8.


Reserves

Other reserves

The general reserve has been established to meet the cost of large, non-regular repair and maintenance work. Any surplus or shortfall for the year for the general service charge account will be transferred to the reserve account.

 
Page 7