Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-311false12023-02-01No description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08353706 2023-02-01 2024-01-31 08353706 2022-02-01 2023-01-31 08353706 2024-01-31 08353706 2023-01-31 08353706 c:Director1 2023-02-01 2024-01-31 08353706 d:FreeholdInvestmentProperty 2024-01-31 08353706 d:FreeholdInvestmentProperty 2023-01-31 08353706 d:FreeholdInvestmentProperty 2 2023-02-01 2024-01-31 08353706 d:CurrentFinancialInstruments 2024-01-31 08353706 d:CurrentFinancialInstruments 2023-01-31 08353706 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08353706 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08353706 d:ShareCapital 2024-01-31 08353706 d:ShareCapital 2023-01-31 08353706 d:RetainedEarningsAccumulatedLosses 2024-01-31 08353706 d:RetainedEarningsAccumulatedLosses 2023-01-31 08353706 c:FRS102 2023-02-01 2024-01-31 08353706 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08353706 c:FullAccounts 2023-02-01 2024-01-31 08353706 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08353706 2 2023-02-01 2024-01-31 08353706 f:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 08353706







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


61 ST AUBYNS LIMITED






































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61 ST AUBYNS LIMITED
REGISTERED NUMBER:08353706



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
860,000
850,000

  
860,000
850,000

Current assets
  

Debtors: amounts falling due within one year
 5 
2,442
2,442

Cash at bank and in hand
  
16,545
16,512

  
18,987
18,954

Creditors: amounts falling due within one year
 6 
(500,964)
(522,793)

Net current liabilities
  
 
 
(481,977)
 
 
(503,839)

Total assets less current liabilities
  
378,023
346,161

Provisions for liabilities
  

Deferred tax
  
(57,286)
(41,637)

  
 
 
(57,286)
 
 
(41,637)

Net assets
  
320,737
304,524


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
320,637
304,424

  
320,737
304,524


Page 1

 


61 ST AUBYNS LIMITED
REGISTERED NUMBER:08353706


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 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 income and retained earnings 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: 




C Hartfield
Director

Date: 14 October 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


61 ST AUBYNS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

61 St Aubyns Limited is a private company, limited by shares, registered in England and Wales, company registration number 08353706. The registered office is Third Floor, 126-134 Baker Street, London, W1U 6UE.

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 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 generated through rent receivable and measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Page 3

 


61 ST AUBYNS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director 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.

Page 4

 


61 ST AUBYNS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.


3.


Employees




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


4.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
850,000


Surplus on revaluation
10,000



At 31 January 2024
860,000

The directors have valued the investment property at a fair value of £860,000 at the balance sheet date.







5.


Debtors

2024
2023
£
£


Other debtors
2,442
2,442

2,442
2,442


Page 5

 


61 ST AUBYNS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
6,800
4,281

Other creditors
491,764
513,952

Accruals and deferred income
2,400
4,560

500,964
522,793



7.


Related party transactions

As at year end, within other creditors, is an amount of £9,343 (2023: £12,223) owed to the director.
As at year end, within other creditors, is an amount of £313,729 (2023: £313,729) owed to companies under common control.
As at year end, within other creditors, is an amount of £168,500 (2023: £188,000) owed to the shareholders.

 
Page 6