Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activity2falsetrue2022-07-01false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13482256 2022-07-01 2023-12-31 13482256 2021-06-29 2022-06-30 13482256 2023-12-31 13482256 2022-06-30 13482256 c:Director1 2022-07-01 2023-12-31 13482256 d:FreeholdInvestmentProperty 2022-07-01 2023-12-31 13482256 d:FreeholdInvestmentProperty 2023-12-31 13482256 d:CurrentFinancialInstruments 2023-12-31 13482256 d:CurrentFinancialInstruments 2022-06-30 13482256 d:Non-currentFinancialInstruments 2023-12-31 13482256 d:Non-currentFinancialInstruments 2022-06-30 13482256 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13482256 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 13482256 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 13482256 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 13482256 d:ShareCapital 2023-12-31 13482256 d:ShareCapital 2022-06-30 13482256 d:RetainedEarningsAccumulatedLosses 2023-12-31 13482256 d:RetainedEarningsAccumulatedLosses 2022-06-30 13482256 c:FRS102 2022-07-01 2023-12-31 13482256 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-12-31 13482256 c:FullAccounts 2022-07-01 2023-12-31 13482256 c:PrivateLimitedCompanyLtd 2022-07-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 13482256













Saruja Property Limited

Financial statements
Information for filing with the registrar

31 December 2023




 
Saruja Property Limited


Balance sheet
At 31 December 2023

31 December
30 June
2023
2022
Note
£
£

Fixed assets
  

Investment property
  
187,210
-

  
187,210
-

Current assets
  

Debtors: amounts falling due within one year
 5 
2,310
2,310

Bank and cash balances
  
1,740
100

  
4,050
2,410

Creditors: amounts falling due within one year
 6 
(200)
(2,435)

Net current assets/(liabilities)
  
 
 
3,850
 
 
(25)

Total assets less current liabilities
  
191,060
(25)

Creditors: amounts falling due after more than one year
  
(190,001)
-

  

Net assets/(liabilities)
  
1,059
(25)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
959
(125)

Shareholders' deficit
  
1,059
(25)


1

 
Saruja Property 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 period 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 18 September 2024.




N Reeves
Director

Company registered number: 13482256
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Saruja Property Limited
 
 

Notes to the financial statements
Period ended 31 December 2023

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The registered office is 2nd Floor, Park View house, Front Street, Benton, Newcastle upon Tyne, NE7 7TZ.

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 the amount derived from rental income receivable during the period. Revenue is recognised when the appropriate service has been delivered.

 
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

Investment property

Investment property is carried at fair value 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.

 
2.5

Financial instruments

Basic 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.


Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).

3

 
Saruja Property Limited
 
 

Notes to the financial statements
Period ended 31 December 2023

4.


Investment property





Freehold investment property

£



Valuation


Additions at cost
187,210



At 31 December 2023
187,210







5.


Debtors

31 December
30 June
2023
2022
£
£


Prepayments and accrued income
2,310
2,310

2,310
2,310



6.


Creditors: amounts falling due within one year

31 December
30 June
2023
2022
£
£

Amounts owed to group undertakings
-
2,435

Corporation tax
200
-

200
2,435


4

 
Saruja Property Limited
 
 

Notes to the financial statements
Period ended 31 December 2023

7.


Creditors: amounts falling due after more than one year

31 December
30 June
2023
2022
£
£

Director's loan account
190,001
-

190,001
-



8.


Related party transactions

During the year, the company used a loan account to record amounts due to and from Reeves Independent Limited. At the year end, the balance owed by the company to Reeves Independent Limited was £nil (2022: £2,435). 
During the year the company operated a current account with the directors. The amount due from the company at the year end was £190,001 (2022: £nil). This loan is unsecured, repayable on demand and incurs no interest.

 
5