Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31truefalse2023-04-011falseNo description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12911854 2023-04-01 2024-03-31 12911854 2021-10-01 2023-03-31 12911854 2024-03-31 12911854 2023-03-31 12911854 c:Director1 2023-04-01 2024-03-31 12911854 d:CurrentFinancialInstruments 2024-03-31 12911854 d:CurrentFinancialInstruments 2023-03-31 12911854 d:Non-currentFinancialInstruments 2024-03-31 12911854 d:Non-currentFinancialInstruments 2023-03-31 12911854 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12911854 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12911854 d:ShareCapital 2024-03-31 12911854 d:ShareCapital 2023-03-31 12911854 d:RetainedEarningsAccumulatedLosses 2024-03-31 12911854 d:RetainedEarningsAccumulatedLosses 2023-03-31 12911854 c:FRS102 2023-04-01 2024-03-31 12911854 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12911854 c:FullAccounts 2023-04-01 2024-03-31 12911854 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 12911854









DRURY LANE PROPERTY MANAGEMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
DRURY LANE PROPERTY MANAGEMENT LIMITED
REGISTERED NUMBER: 12911854

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
49,779
13,998

Debtors: amounts falling due within one year
 4 
2
2

Cash at bank and in hand
  
5,760
8,771

  
55,541
22,771

Creditors: amounts falling due within one year
  
(21,036)
(16,369)

Net current assets
  
 
 
34,505
 
 
6,402

Total assets less current liabilities
  
34,505
6,402

  

Net assets
  
34,505
6,402


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
34,503
6,400

  
34,505
6,402


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 on 15 July 2024.




Thomas Atkinson
Page 1

 
DRURY LANE PROPERTY MANAGEMENT LIMITED
REGISTERED NUMBER: 12911854
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
DRURY LANE PROPERTY MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Drury Lane Property Management  Limited is a private company limited by shares, registered in the United Kingdom number 12911854. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP. 

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

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.

Page 3

 
DRURY LANE PROPERTY MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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.

 
2.5

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.

 
2.6

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. 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.

 
2.7

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.


3.


Employees

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


4.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
49,779
13,998

49,779
13,998


2024
2023
£
£

Due within one year

Other debtors
2
2
Page 4

 
DRURY LANE PROPERTY MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.Debtors (continued)


2
2



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5,760
8,771

5,760
8,771



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
8,968
1,501

Other creditors
10,267
13,950

Accruals and deferred income
1,801
918

21,036
16,369


 
Page 5