Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsetruefalse22023-04-011No description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11407589 2023-04-01 2024-03-31 11407589 2022-04-01 2023-03-31 11407589 2024-03-31 11407589 2023-03-31 11407589 c:Director2 2023-04-01 2024-03-31 11407589 d:CurrentFinancialInstruments 2024-03-31 11407589 d:CurrentFinancialInstruments 2023-03-31 11407589 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11407589 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11407589 d:ShareCapital 2024-03-31 11407589 d:ShareCapital 2023-03-31 11407589 d:RetainedEarningsAccumulatedLosses 2024-03-31 11407589 d:RetainedEarningsAccumulatedLosses 2023-03-31 11407589 c:OrdinaryShareClass1 2023-04-01 2024-03-31 11407589 c:OrdinaryShareClass1 2024-03-31 11407589 c:FRS102 2023-04-01 2024-03-31 11407589 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11407589 c:FullAccounts 2023-04-01 2024-03-31 11407589 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11407589 2 2023-04-01 2024-03-31 11407589 e:PoundSterling 2023-04-01 2024-03-31 11407589 d:EntityControlledByKeyManagementPersonnel1 2023-04-01 2024-03-31 11407589 d:EntityControlledByKeyManagementPersonnel1 2024-03-31 11407589 d:EntityControlledByKeyManagementPersonnel2 2023-04-01 2024-03-31 11407589 d:EntityControlledByKeyManagementPersonnel2 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11407589









CLCH 1 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CLCH 1 LIMITED
REGISTERED NUMBER: 11407589

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
-
235,200

Debtors: amounts falling due within one year
 5 
4,793,137
4,551,815

Cash at bank and in hand
 6 
1,000
1,000

  
4,794,137
4,788,015

Creditors: amounts falling due within one year
 7 
(29,822)
(109,425)

Net current assets
  
 
 
4,764,315
 
 
4,678,590

  

Net assets
  
4,764,315
4,678,590


Capital and reserves
  

Called up share capital 
 8 
1,050
1,050

Profit and loss account
  
4,763,265
4,677,540

  
4,764,315
4,678,590


Page 1

 
CLCH 1 LIMITED
REGISTERED NUMBER: 11407589
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 2 October 2024.




R J Waterhouse
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
CLCH 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

CLCH 1 Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, UB8 2FX.  
The company held property stock during the year.

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

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually
associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Other operating income comprises rent receivable by the company and is recognised in line with the
period when it is due.

 
2.3

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of comprehensive income.

Page 3

 
CLCH 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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. 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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 2).


4.


Stocks

2024
2023
£
£

Property stock
-
235,200

-
235,200



5.


Debtors

2024
2023
£
£


Other debtors
4,793,137
4,551,815

4,793,137
4,551,815



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,000
1,000

1,000
1,000


Page 4

 
CLCH 1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
28,572
108,175

Accruals and deferred income
1,250
1,250

29,822
109,425



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,050 Ordinary shares of £1 each
1,050
1,050



9.


Related party transactions

The company has adopted the exemption permitted by Financial Reporting Standard 102, not to disclose any transactions with its parent company as it is wholly owned.
 
During the year, the company received income of £417,034 (2023 - £724,262) and incurred costs of £175,712 (2023 - £864,867) relating to Chipperfield Land Company Limited, a company with a common director. At the year end, the company was owed £1,273,139 (2023 - £1,031,815) from Chipperfield Land Company Limited, included within other debtors. 
 
At the year end the company was owed £3,520,000 (2023 - £3,520,000) from E J Waterhouse Investments Limited, a company with a common director, included within other debtors.
 

10.


Ultimate parent undertaking and controlling party

At the reporting date, the immediate and ultimate parent undertaking was Chipperfield Property Holdings Ltd, a company incorporated in England and Wales.
 
There is no ultimate controlling party.

 
Page 5