Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31false2023-02-01No description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08480300 2023-02-01 2024-01-31 08480300 2024-01-31 08480300 2022-02-01 2023-01-31 08480300 2023-01-31 08480300 c:Director1 2023-02-01 2024-01-31 08480300 d:Goodwill 2024-01-31 08480300 d:Goodwill 2023-01-31 08480300 d:FreeholdInvestmentProperty 2024-01-31 08480300 d:FreeholdInvestmentProperty 2023-01-31 08480300 d:CurrentFinancialInstruments 2024-01-31 08480300 d:CurrentFinancialInstruments 2023-01-31 08480300 d:Non-currentFinancialInstruments 2024-01-31 08480300 d:Non-currentFinancialInstruments 2023-01-31 08480300 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08480300 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08480300 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 08480300 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 08480300 d:ShareCapital 2024-01-31 08480300 d:ShareCapital 2023-01-31 08480300 d:RetainedEarningsAccumulatedLosses 2024-01-31 08480300 d:RetainedEarningsAccumulatedLosses 2023-01-31 08480300 c:FRS102 2023-02-01 2024-01-31 08480300 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08480300 c:FullAccounts 2023-02-01 2024-01-31 08480300 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
Company registration number: 08480300







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JANUARY 2024


G. F. W. IRVIN LIMITED






































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G. F. W. IRVIN LIMITED
REGISTERED NUMBER:08480300



STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 5 
300,000
300,000

  
300,000
300,000

Current assets
  

Debtors: amounts falling due within one year
 6 
178,627
113,605

Cash at bank and in hand
  
7,326
6,058

  
185,953
119,663

Creditors: amounts falling due within one year
 7 
(244,109)
(194,393)

Net current liabilities
  
 
 
(58,156)
 
 
(74,730)

Total assets less current liabilities
  
241,844
225,270

Creditors: amounts falling due after more than one year
 8 
(13,334)
(23,334)

  

Net assets
  
228,510
201,936


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
228,410
201,836

  
228,510
201,936


Page 1

 


G. F. W. IRVIN LIMITED
REGISTERED NUMBER:08480300


    
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: 




................................................
G F W Irvin
Director

Date: 18 October 2024

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

Page 2

 


G. F. W. IRVIN LIMITED
 


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

1.


General information

G. F. W. Irwin  Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of its registered office is disclosed on the company information page.
The principal place of business is 2 Victoria House, Main Street, Hanworth, Middlesex, TW13 6SU.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £ .

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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 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:

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.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

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.

Page 3

 


G. F. W. IRVIN LIMITED
 


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

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

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.


3.


Employees

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


4.


Intangible assets




Goodwill

£



Cost


At 1 February 2023
52,500



At 31 January 2024

52,500



Amortisation


At 1 February 2023
52,500



At 31 January 2024

52,500



Net book value



At 31 January 2024
-



At 31 January 2023
-



Page 4

 


G. F. W. IRVIN LIMITED
 


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

5.


Investment property


Freehold investment property

£



Valuation


At 1 February 2023
300,000



At 31 January 2024
300,000

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





6.


Debtors

2024
2023
£
£


Other debtors
175,000
110,000

Prepayments and accrued income
3,627
3,605

178,627
113,605



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Amounts owed to other participating interests
138,820
138,820

Corporation tax
6,178
5,814

Other creditors
87,923
37,923

Accruals and deferred income
1,188
1,836

244,109
194,393



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
13,334
23,334

13,334
23,334


Page 5