Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30false2022-10-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13611652 2022-10-01 2023-09-30 13611652 2021-09-09 2022-09-30 13611652 2023-09-30 13611652 2022-09-30 13611652 c:Director1 2022-10-01 2023-09-30 13611652 d:FreeholdInvestmentProperty 2022-10-01 2023-09-30 13611652 d:FreeholdInvestmentProperty 2023-09-30 13611652 d:CurrentFinancialInstruments 2023-09-30 13611652 d:CurrentFinancialInstruments 2022-09-30 13611652 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 13611652 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13611652 d:ShareCapital 2023-09-30 13611652 d:ShareCapital 2022-09-30 13611652 d:RetainedEarningsAccumulatedLosses 2023-09-30 13611652 d:RetainedEarningsAccumulatedLosses 2022-09-30 13611652 c:OrdinaryShareClass1 2022-10-01 2023-09-30 13611652 c:OrdinaryShareClass1 2022-09-30 13611652 c:OrdinaryShareClass2 2022-10-01 2023-09-30 13611652 c:OrdinaryShareClass2 2023-09-30 13611652 c:OrdinaryShareClass3 2022-10-01 2023-09-30 13611652 c:OrdinaryShareClass3 2023-09-30 13611652 c:FRS102 2022-10-01 2023-09-30 13611652 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 13611652 c:FullAccounts 2022-10-01 2023-09-30 13611652 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 13611652 6 2022-10-01 2023-09-30 13611652 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13611652










EDGEMARSH PROPERTIES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
EDGEMARSH PROPERTIES LIMITED
REGISTERED NUMBER: 13611652

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 5 
1,398,960
-

  
1,398,960
-

Current assets
  

Debtors: amounts falling due within one year
 6 
32,364
1,718

Cash at bank and in hand
 7 
311,215
570

  
343,579
2,288

Creditors: amounts falling due within one year
 8 
(29,444)
(32,407)

Net current assets/(liabilities)
  
 
 
314,135
 
 
(30,119)

Total assets less current liabilities
  
1,713,095
(30,119)

  

Net assets/(liabilities)
  
1,713,095
(30,119)


Capital and reserves
  

Called up share capital 
 9 
1,553,880
1

Profit and loss account
  
159,215
(30,120)

  
1,713,095
(30,119)


Page 1

 
EDGEMARSH PROPERTIES LIMITED
REGISTERED NUMBER: 13611652

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 her 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: 




................................................
B K Robinson
Director

Date: 21 October 2024

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

Page 2

 
EDGEMARSH PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

Edgemarsh Properties Limited is a company limited by shares, incorporated in England and Wales. The registered office is 2 Communications Road, Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6AB 

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

  
2.2

Reporting period

The Company was incorporated on 09 September 2021 therefore in these financial statements the Company's comparative reporting period is for a 12 month and 21 day long period whereas the current reporting period is for an entire year only.

 
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:

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

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 balance sheet date in the countries where the Company operates and generates income.

Page 3

 
EDGEMARSH PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

  
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and/or the Director. The values are 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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
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

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

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.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.11

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 (2022 - 1).

Page 4

 
EDGEMARSH PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Fixed asset investments





Fixed asset investments

£





Additions
3,378,000


Disposals
(3,378,000)



At 30 September 2023
-





5.


Investment property


Freehold investment property

£



Valuation


Additions at cost
2,413,960


Disposals
(1,015,000)



At 30 September 2023
1,398,960

Before the year end date (on 23 January 2023) the properties were valued by an external third party surveyor. There has been no movement in property value since.





6.


Debtors

2023
2022
£
£


Trade debtors
14,983
-

Other debtors
14,838
1,718

Prepayments and accrued income
2,543
-

32,364
1,718


Page 5

 
EDGEMARSH PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
311,215
570



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
8,334
-

Other taxation and social security
476
-

Other creditors
9,752
29,607

Accruals and deferred income
10,882
2,800

29,444
32,407



9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



NIL (2022 - 1) Ordinary shares of £1.00 each
-
1
233,049 (2022 - NIL) Ordinary A shares of £1.00 each
233,049
-
1,320,831 (2022 - NIL) Ordinary B shares of £1.00 each
1,320,831
-

1,553,880

1


Upon incorporation on 09 September 2021 the Company’s initial share allotment was 1 £1 Ordinary share issued at nominal value.
During the year the Company then issued 253,331 £1 Ordinary A shares, 253,331 £1 Ordinary B shares, 977,918 £1 Ordinary C shares, 409,908 £1 Ordinary D shares, 1,125,664 £1 Ordinary E shares and 357,868 £1 Ordinary F shares all at nominal value.
On 23 January 2023 the Company processed a redesignation of shares and a share reduction to leave the total shareholding as per the table above.


10.


Controlling party

The ultimate controlling party is B K Robinson by virtue of her 100% shareholding of the total share capital as at the report date.


Page 6