Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3142023-04-01false4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09425833 2023-04-01 2024-03-31 09425833 2022-04-01 2023-03-31 09425833 2024-03-31 09425833 2023-03-31 09425833 2022-04-01 09425833 c:Director5 2023-04-01 2024-03-31 09425833 d:CurrentFinancialInstruments 2024-03-31 09425833 d:CurrentFinancialInstruments 2023-03-31 09425833 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09425833 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09425833 d:ShareCapital 2023-04-01 2024-03-31 09425833 d:ShareCapital 2024-03-31 09425833 d:ShareCapital 2022-04-01 2023-03-31 09425833 d:ShareCapital 2023-03-31 09425833 d:ShareCapital 2022-04-01 09425833 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 09425833 d:RetainedEarningsAccumulatedLosses 2024-03-31 09425833 d:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 09425833 d:RetainedEarningsAccumulatedLosses 2023-03-31 09425833 d:RetainedEarningsAccumulatedLosses 2022-04-01 09425833 c:FRS102 2023-04-01 2024-03-31 09425833 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09425833 c:FullAccounts 2023-04-01 2024-03-31 09425833 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09425833 6 2023-04-01 2024-03-31 09425833 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 09425833










ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Statement of changes in equity
 
3 - 4
Notes to the financial statements
 
5 - 8


 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
REGISTERED NUMBER: 09425833

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
43,402
56,707

  
43,402
56,707

Current assets
  

Debtors: amounts falling due within one year
 5 
23,809
22,303

Cash at bank and in hand
 6 
980
576

  
24,789
22,879

Creditors: amounts falling due within one year
 7 
(83,396)
(81,486)

Net current liabilities
  
 
 
(58,607)
 
 
(58,607)

  

Net liabilities
  
(15,205)
(1,900)


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
(15,208)
(1,903)

  
(15,205)
(1,900)


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: 



................................................
C A Allen
Director

Date: 11 November 2024
Page 1

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
REGISTERED NUMBER: 09425833
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


The notes on pages 5 to 8 form part of these financial statements.

Page 2

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2023
3
(1,903)
(1,900)


Comprehensive income for the year

Loss for the year
-
(13,305)
(13,305)
Total comprehensive income for the year
-
(13,305)
(13,305)


At 31 March 2024
3
(15,208)
(15,205)


Page 3

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2022
3
(13,525)
(13,522)


Comprehensive income for the year

Profit for the year
-
11,622
11,622
Total comprehensive income for the year
-
11,622
11,622


At 31 March 2023
3
(1,903)
(1,900)


The notes on pages 5 to 8 form part of these financial statements.

Page 4

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Angle Property (Battersea Project Management) Limited is a private company limited by share capital, incorporated in England and Wales, registration number 09425833. The address of the registered office is Third Floor Queensberry House, 3 Old Burlington Street, London, W1S 3AE. 

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

Going concern

The financial statements of the Company have been prepared on the going concern basis as we believe that adequate cash resources will be available to cover the Company’s requirements for working capital and capital expenditure for at least the next twelve months. We are not aware of any other factors which could put into jeopardy the Company’s going concern status during or beyond this period.

 
2.3

Valuation of investment

The valuation of the investment in the underlying entity is based on the entity’s entitlement to the proportion of the net assets of the underlying entity. At the end of each year, the net assets of the underlying SPV are reviewed, and the fair value movement is made through the profit and loss account.

 
2.4

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.

 
2.5

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.


 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.
 
Page 5

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)


Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Page 6

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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 4 (2023 - 4).


4.


Fixed asset investments





Investments
Fair value
Loans to investments
Total

£
£
£
£



Cost or valuation


At 1 April 2023
650
(1,903)
57,960
56,707


Revaluations
-
(13,305)
-
(13,305)



At 31 March 2024
650
(15,208)
57,960
43,402




Page 7

 
ANGLE PROPERTY (BATTERSEA PROJECT MANAGEMENT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
23,806
22,300

Called up share capital not paid
3
3

23,809
22,303



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
980
576



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
440

Other creditors
80,807
77,457

Accruals and deferred income
2,589
3,589

83,396
81,486


 
Page 8