Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10720010 2023-05-01 2024-04-30 10720010 2022-05-01 2023-04-30 10720010 2024-04-30 10720010 2023-04-30 10720010 c:Director1 2023-05-01 2024-04-30 10720010 d:CurrentFinancialInstruments 2024-04-30 10720010 d:CurrentFinancialInstruments 2023-04-30 10720010 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10720010 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10720010 d:ShareCapital 2024-04-30 10720010 d:ShareCapital 2023-04-30 10720010 d:RetainedEarningsAccumulatedLosses 2024-04-30 10720010 d:RetainedEarningsAccumulatedLosses 2023-04-30 10720010 c:FRS102 2023-05-01 2024-04-30 10720010 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10720010 c:FullAccounts 2023-05-01 2024-04-30 10720010 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 10720010









HAMPSTEAD ENTERPRISES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
HAMPSTEAD ENTERPRISES LIMITED
REGISTERED NUMBER: 10720010

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2024
2023
2023
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,060,315
181,830

Cash at bank and in hand
  
3,627,222
120,621

  
7,687,537
302,451

Creditors: amounts falling due within one year
 5 
(1,060,248)
(322,967)

Net current assets/(liabilities)
  
 
 
6,627,289
 
 
(20,516)

Total assets less current liabilities
  
6,627,289
(20,516)

  

Net assets/(liabilities)
  
6,627,289
(20,516)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
6,627,287
(20,518)

  
6,627,289
(20,516)


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 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 on 23 October 2024.

P Thomas
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
HAMPSTEAD ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Hampstead Enterprises Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is 5 Market Yard Mews, 194-204 Bermondsey Street, London  SE1 3TQ which is also its principal place of business.

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

Going concern

After reviewing the company's forecasts and projections, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

 
2.3

Foreign currency translation

The company's functional and presentational curency is GBP.
Transactions and balances:
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate.  Non-monetary items measured at historical cost are transalted using the exchange rate at the date of transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
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 reporting date in the countries where the Company operates and generates income.

 
2.5

Debtors

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

Page 2

 
HAMPSTEAD ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.6

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. 

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
2.8

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 and loans. 
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Other debtors
4,060,315
180,724

Prepayments
-
1,106

4,060,315
181,830



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
2,246

Corporation tax
1,057,758
-

Other creditors
450
318,921

Accruals
2,040
1,800

1,060,248
322,967


Page 3

 
HAMPSTEAD ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Related party transactions

At the balance sheet date the company owed the director £450 (2023 £318,921).

 
Page 4