Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31093398652023-01-01falsefalseThe principal activity is that of property consultancy and management22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09339865 2023-01-01 2023-12-31 09339865 2022-01-01 2022-12-31 09339865 2023-12-31 09339865 2022-12-31 09339865 c:Director2 2023-01-01 2023-12-31 09339865 d:CurrentFinancialInstruments 2023-12-31 09339865 d:CurrentFinancialInstruments 2022-12-31 09339865 d:Non-currentFinancialInstruments 2023-12-31 09339865 d:Non-currentFinancialInstruments 2022-12-31 09339865 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09339865 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09339865 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 09339865 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 09339865 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 09339865 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 09339865 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 09339865 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 09339865 d:ShareCapital 2023-12-31 09339865 d:ShareCapital 2022-12-31 09339865 d:RetainedEarningsAccumulatedLosses 2023-12-31 09339865 d:RetainedEarningsAccumulatedLosses 2022-12-31 09339865 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09339865 c:OrdinaryShareClass1 2023-12-31 09339865 c:OrdinaryShareClass2 2023-01-01 2023-12-31 09339865 c:OrdinaryShareClass2 2023-12-31 09339865 c:OrdinaryShareClass3 2023-01-01 2023-12-31 09339865 c:OrdinaryShareClass3 2023-12-31 09339865 c:OrdinaryShareClass4 2023-01-01 2023-12-31 09339865 c:OrdinaryShareClass4 2023-12-31 09339865 c:FRS102 2023-01-01 2023-12-31 09339865 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09339865 c:FullAccounts 2023-01-01 2023-12-31 09339865 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09339865 d:Subsidiary1 2023-01-01 2023-12-31 09339865 d:Subsidiary1 1 2023-01-01 2023-12-31 09339865 2 2023-01-01 2023-12-31 09339865 6 2023-01-01 2023-12-31 09339865 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09339865














VIEWRANKS ESTATES LIMITED

 
UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
VIEWRANKS ESTATES LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 7


 
VIEWRANKS ESTATES LIMITED
REGISTERED NUMBER:09339865

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
100
101

  
100
101

Current assets
  

Debtors: amounts falling due within one year
 6 
765,411
810,907

Cash at bank and in hand
 7 
904
5,556

  
766,315
816,463

Creditors: amounts falling due within one year
 8 
(588,134)
(527,383)

Net current assets
  
 
 
178,181
 
 
289,080

Total assets less current liabilities
  
178,281
289,181

Creditors: amounts falling due after more than one year
 9 
(19,062)
(29,098)

  

Net assets
  
159,219
260,083


Capital and reserves
  

Called up share capital 
 11 
4
4

Profit and loss account
  
159,215
260,079

  
159,219
260,083


1

 
VIEWRANKS ESTATES LIMITED
REGISTERED NUMBER:09339865
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider 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 directors acknowledge their 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 by: 




................................................
R J Beim
Director

Date: 7 October 2024

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

2

 
VIEWRANKS ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company is a private company, limited by shares and registered in England and Wales. The registered address of the company and its principal place of business is Unit 7, The Old Power Station, 121 Mortlake High Street, London, SW14 8SN. 
 The principal activity is that of property consultancy and management.

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 company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

 
2.2

Interest income

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

 
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.

 
2.5

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

 Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.7

 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.

 
2.8

 Creditors

Short term creditors are measured at the transaction price.

 
2.9

 Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors.
 

3

 
VIEWRANKS ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.10

 Dividends

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

 
2.11

 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 corporation 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 2 (2022 - 2).


4.


Dividends

2023
2022
£
£


Dividends paid
44,000
68,000


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
101


Disposals
(1)



At 31 December 2023
100





Subsidiary undertaking


The following was a subsidiary undertaking of the company:

Name

Principal activity

Class of shares

Holding

Joed Construction Limited
Property construction
Ordinary
100%

4

 
VIEWRANKS ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
752,907
796,756

Other debtors
12,271
10,087

Prepayments
233
4,064

765,411
810,907



7.


Cash

2023
2022
£
£

Cash at bank and in hand
904
5,556



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,035
9,788

Trade creditors
-
5,144

Other taxation and social security
697
5

Other creditors
574,402
508,746

Accruals
3,000
3,700

588,134
527,383


The bank loan of £10,035 (2022 - £9,788) included in creditors due within one year is a Coronavirus Bounce Back Loan Scheme, 100% guaranteed by the Government. 


9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
19,062
29,098


The bank loan of £19,062 (2022 - £29,098) included in crediitors due after more than one year is a Coronavirus Bounce Back Loan Scheme, 100% guaranteed by the Government.

5

 
VIEWRANKS ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,035
9,788

Amounts falling due 1-2 years

Bank loans
10,289
10,035

Amounts falling due 2-5 years

Bank loans
8,773
19,062


29,097
38,885


6

 
VIEWRANKS ESTATES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

11.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 Ordinary A share of £1
1
1
1 Ordinary B share of £1
1
1
1 Ordinary C share of £1
1
1
1 Ordinary D share of £1
1
1

4

4

There shares have attached to them full voting, dividend and capital distribution (including on winding up) rights.


12.


Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordanace with FRS 102 Section 1A paragraph 1AC.35.
As at the year end, the company owed £2,457 (2022 - £1,544 owed from) to the directors. The loans are unsecured, interest free and repayable on demand.
As at the year end, the company owed £40,000 (2022 - £Nil) to shareholders with a participating interest in the company. The loans are unsecured, interest free and repayable on demand.

 
7