Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-02-01falseNo description of principal activity11true 14000940 2023-02-01 2024-01-31 14000940 2022-03-24 2023-01-31 14000940 2024-01-31 14000940 2023-01-31 14000940 c:Director1 2023-02-01 2024-01-31 14000940 d:FreeholdInvestmentProperty 2023-02-01 2024-01-31 14000940 d:FreeholdInvestmentProperty 2024-01-31 14000940 d:FreeholdInvestmentProperty 2023-01-31 14000940 d:CurrentFinancialInstruments 2024-01-31 14000940 d:CurrentFinancialInstruments 2023-01-31 14000940 d:Non-currentFinancialInstruments 2024-01-31 14000940 d:Non-currentFinancialInstruments 2023-01-31 14000940 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 14000940 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 14000940 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 14000940 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 14000940 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 14000940 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-01-31 14000940 d:ShareCapital 2024-01-31 14000940 d:ShareCapital 2023-01-31 14000940 d:OtherMiscellaneousReserve 2024-01-31 14000940 d:OtherMiscellaneousReserve 2023-01-31 14000940 d:RetainedEarningsAccumulatedLosses 2024-01-31 14000940 d:RetainedEarningsAccumulatedLosses 2023-01-31 14000940 c:OrdinaryShareClass1 2023-02-01 2024-01-31 14000940 c:OrdinaryShareClass1 2024-01-31 14000940 c:OrdinaryShareClass1 2023-01-31 14000940 c:FRS102 2023-02-01 2024-01-31 14000940 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 14000940 c:FullAccounts 2023-02-01 2024-01-31 14000940 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 14000940 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 14000940









NHG SPV19 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
NHG SPV19 LIMITED
REGISTERED NUMBER: 14000940

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
-
1,950,000

  
-
1,950,000

Current assets
  

Debtors: amounts falling due within one year
 5 
43,245
-

  
43,245
-

Creditors: amounts falling due within one year
 6 
(43,145)
(822,989)

Net current assets/(liabilities)
  
 
 
100
 
 
(822,989)

Total assets less current liabilities
  
100
1,127,011

Creditors: amounts falling due after more than one year
 7 
-
(803,998)

Provisions for liabilities
  

Deferred tax
 9 
-
(71,111)

  
 
 
-
 
 
(71,111)

Net assets
  
100
251,902


Capital and reserves
  

Called up share capital 
 10 
100
100

Other reserves
  
-
303,156

Profit and loss account
  
-
(51,354)

  
100
251,902


Page 1

 
NHG SPV19 LIMITED
REGISTERED NUMBER: 14000940
    
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 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 by: 




S B Wasserman
Director

Date: 18 October 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
NHG SPV19 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

NHG SPV19 Limited is a private company limited by shares and incorporated in England & Wales (registered number 14000940). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

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

Page 3

 
NHG SPV19 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

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 balance sheet 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 balance sheet 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 balance sheet date.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers 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.

 
2.7

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.

 
2.8

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.

Page 4

 
NHG SPV19 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.9

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

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


4.


Investment property


Freehold investment property

£





At 1 February 2023
1,950,000


Disposals
(1,950,000)



At 31 January 2024
-

The 2024 valuations were made by director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
-
1,575,733

-
1,575,733


5.


Debtors

Page 5

 
NHG SPV19 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
2024
2023
£
£


Amounts owed by group undertakings
43,145
-

Other debtors
100
-

43,245
-



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
-
468,767

Corporation tax
43,145
-

Other creditors
-
353,372

Accruals and deferred income
-
850

43,145
822,989



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
-
803,998

-
803,998



8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£


Amounts falling due 1-2 years

Other loans
-
803,998


-
803,998



-
803,998


Page 6

 
NHG SPV19 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.


Deferred taxation


2024


£






At beginning of year
(71,111)


Charged to profit or loss
71,111



At end of year
-



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 7