Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-311falseNo description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falsetruetrue 07453802 2023-01-01 2023-12-31 07453802 2022-01-01 2022-12-31 07453802 2023-12-31 07453802 2022-12-31 07453802 c:Director1 2023-01-01 2023-12-31 07453802 d:PlantMachinery 2023-01-01 2023-12-31 07453802 d:FurnitureFittings 2023-12-31 07453802 d:FurnitureFittings 2022-12-31 07453802 d:CurrentFinancialInstruments 2023-12-31 07453802 d:CurrentFinancialInstruments 2022-12-31 07453802 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07453802 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07453802 d:ShareCapital 2023-12-31 07453802 d:ShareCapital 2022-12-31 07453802 d:OtherMiscellaneousReserve 2023-12-31 07453802 d:OtherMiscellaneousReserve 2022-12-31 07453802 d:RetainedEarningsAccumulatedLosses 2023-12-31 07453802 d:RetainedEarningsAccumulatedLosses 2022-12-31 07453802 c:FRS102 2023-01-01 2023-12-31 07453802 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07453802 c:FullAccounts 2023-01-01 2023-12-31 07453802 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07453802 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 07453802







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


WATERSTONE PROPERTIES LIMITED






































img27f0.png                        

 


WATERSTONE PROPERTIES LIMITED
REGISTERED NUMBER:07453802



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Current asset investments
 5 
185,284
170,511

  
185,284
170,511

Creditors: amounts falling due within one year
 6 
(86,697)
(72,837)

Net current assets
  
 
 
98,587
 
 
97,674

Total assets less current liabilities
  
98,587
97,674

  

Net assets
  
98,587
97,674


Capital and reserves
  

Called up share capital 
  
2
2

Fair value reserve
  
(2,186)
(15,142)

Profit and loss account
  
100,771
112,814

  
98,587
97,674

Page 1

 


WATERSTONE PROPERTIES LIMITED
REGISTERED NUMBER:07453802


    
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 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 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: 




................................................
N T Earp
Director

Date: 11 October 2024

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 


WATERSTONE PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Waterstone Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.
The presentation currency of the financial statements is the Pound Sterling (£). 

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

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 reporting 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 reporting 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 reporting date.

 
2.3

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

 


WATERSTONE PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%

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 profit or loss.

 
2.4

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

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


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 January 2023
1,900



At 31 December 2023

1,900



Depreciation


At 1 January 2023
1,900



At 31 December 2023

1,900



Net book value



At 31 December 2023
-



At 31 December 2022
-

Page 4

 


WATERSTONE PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Current asset investments

2023
2022
£
£

Listed investments
185,284
170,511

185,284
170,511



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
201

Other creditors
85,527
71,466

Accruals and deferred income
1,170
1,170

86,697
72,837



7.


Related party transactions

At the balance sheet date the company owed £85,527 (2022: £71,466) to the director. The balance can be found within creditors due within one year. No interest is being charged on this loan.

 
Page 5