Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01No description of principal activityfalsetruefalse22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13164169 2023-02-01 2024-01-31 13164169 2022-02-01 2023-01-31 13164169 2024-01-31 13164169 2023-01-31 13164169 c:Director2 2023-02-01 2024-01-31 13164169 d:CurrentFinancialInstruments 2024-01-31 13164169 d:CurrentFinancialInstruments 2023-01-31 13164169 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13164169 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 13164169 d:ShareCapital 2024-01-31 13164169 d:ShareCapital 2023-01-31 13164169 d:RetainedEarningsAccumulatedLosses 2024-01-31 13164169 d:RetainedEarningsAccumulatedLosses 2023-01-31 13164169 c:FRS102 2023-02-01 2024-01-31 13164169 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13164169 c:FullAccounts 2023-02-01 2024-01-31 13164169 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13164169 2 2023-02-01 2024-01-31 13164169 6 2023-02-01 2024-01-31 13164169 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 13164169









FLORISTON PROPERTY LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

 
FLORISTON PROPERTY LTD
REGISTERED NUMBER: 13164169

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
600,000
500,000

  
600,000
500,000

Current assets
  

Debtors: amounts falling due within one year
 5 
5,666
2,672

  
5,666
2,672

Creditors: amounts falling due within one year
 6 
(590,200)
(501,834)

Net current liabilities
  
 
 
(584,534)
 
 
(499,162)

Total assets less current liabilities
  
15,466
838

  

Net assets
  
15,466
838


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
15,366
738

  
15,466
838


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.
 
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FLORISTON PROPERTY LTD
REGISTERED NUMBER: 13164169
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024


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 31 October 2024.




................................................
D Vail
Director

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

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FLORISTON PROPERTY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

The Company is a private company, limited by shares, and incorporated in England & Wales.
The Registered Office address is Floriston Hall, Wixoe, Stoke By Clare, Suffolk, CO10 8UE.

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

Interest income

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

 
2.3

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.

 
2.4

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 reporting date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to and from related parties.
(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
 
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FLORISTON PROPERTY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)


2.5
Financial instruments (continued)

(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.


3.


Employees




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


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 February 2023
500,000


Additions
100,000



At 31 January 2024
600,000





5.


Debtors

2024
2023
£
£


Prepayments and accrued income
5,666
2,672

5,666
2,672


Page 4

 
FLORISTON PROPERTY LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
3,431
314

Other creditors
585,647
500,680

Accruals and deferred income
1,122
840

590,200
501,834



7.


Related party transactions

Included in other creditors is a balance of £585,647 (2023: £500,680) owed to a Director. The balance is unsecured, repayable on demand and interest free.

 
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