Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01true1falseBuying and selling of own real estatefalse1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10848678 2023-02-01 2024-01-31 10848678 2022-02-01 2023-01-31 10848678 2024-01-31 10848678 2023-01-31 10848678 c:Director1 2023-02-01 2024-01-31 10848678 d:CurrentFinancialInstruments 2024-01-31 10848678 d:CurrentFinancialInstruments 2023-01-31 10848678 d:Non-currentFinancialInstruments 2024-01-31 10848678 d:Non-currentFinancialInstruments 2023-01-31 10848678 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 10848678 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 10848678 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 10848678 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 10848678 d:ShareCapital 2024-01-31 10848678 d:ShareCapital 2023-01-31 10848678 d:RetainedEarningsAccumulatedLosses 2024-01-31 10848678 d:RetainedEarningsAccumulatedLosses 2023-01-31 10848678 c:FRS102 2023-02-01 2024-01-31 10848678 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10848678 c:FullAccounts 2023-02-01 2024-01-31 10848678 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10848678 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 10848678










TRIBEKA BROOKLANDS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
TRIBEKA BROOKLANDS LIMITED
REGISTERED NUMBER: 10848678

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
655,733
632,860

Debtors: amounts falling due within one year
 4 
3,252
4,203

Cash at bank and in hand
  
1,034
313

  
660,019
637,376

Creditors: amounts falling due within one year
 5 
(210,152)
(150,951)

Net current assets
  
 
 
449,867
 
 
486,425

Creditors: amounts falling due after more than one year
 6 
(520,000)
(520,000)

  

Net liabilities
  
(70,133)
(33,575)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(70,233)
(33,675)

  
(70,133)
(33,575)


Page 1

 
TRIBEKA BROOKLANDS LIMITED
REGISTERED NUMBER: 10848678
    
BALANCE SHEET (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 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 on 15 October 2024.





J Nuttall
Director

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

Page 2

 
TRIBEKA BROOKLANDS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Tribeka Brooklands Limited is a private company limited by shares, incorporated in England and Wales (registered number: 10848678). Its registered office is 443 Handsworth Road, Handsworth, Sheffield, England, S13 9DD. The principal activity of the Company throughout the year continued to be that of property development.

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 company’s functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

At 31 January 2024 the Company's liabilities exceeded its assets by £34,824 (2023: £33,575). The ability of the company to meet its liabilities as they fall due is dependent on the future probability and cash generation of the company. The directors are confident that the company will be able to pay its debts as they fall due and accordingly these accounts are prepared on a going concern basis.

Page 3

 
TRIBEKA BROOKLANDS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.3

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 measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

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.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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 balance sheet 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 profit or loss.

Page 4

 
TRIBEKA BROOKLANDS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.7

Taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current 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.


3.


Employees




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


4.


Debtors

2024
2023
£
£


Other debtors
1,153
3,713

Prepayments and accrued income
2,099
490

3,252
4,203


Page 5

 
TRIBEKA BROOKLANDS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
13,044
-

Amounts owed to related undertakings
195,607
128,524

Other creditors
-
21,877

Accruals and deferred income
1,501
550

210,152
150,951



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
520,000
520,000


At the year end date, there were amounts totalling £520,000 (2023: £520,000) included within other loans which were secured.

 
Page 6