Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity2225truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03881904 2023-01-01 2023-12-31 03881904 2022-01-01 2022-12-31 03881904 2023-12-31 03881904 2022-12-31 03881904 c:Director6 2023-01-01 2023-12-31 03881904 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 03881904 d:Buildings d:LongLeaseholdAssets 2023-12-31 03881904 d:Buildings d:LongLeaseholdAssets 2022-12-31 03881904 d:FurnitureFittings 2023-01-01 2023-12-31 03881904 d:FurnitureFittings 2023-12-31 03881904 d:FurnitureFittings 2022-12-31 03881904 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03881904 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 03881904 d:CurrentFinancialInstruments 2023-12-31 03881904 d:CurrentFinancialInstruments 2022-12-31 03881904 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03881904 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03881904 d:ShareCapital 2023-12-31 03881904 d:ShareCapital 2022-12-31 03881904 d:RetainedEarningsAccumulatedLosses 2023-12-31 03881904 d:RetainedEarningsAccumulatedLosses 2022-12-31 03881904 c:FRS102 2023-01-01 2023-12-31 03881904 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03881904 c:FullAccounts 2023-01-01 2023-12-31 03881904 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03881904 d:WithinOneYear 2023-12-31 03881904 d:WithinOneYear 2022-12-31 03881904 d:BetweenOneFiveYears 2023-12-31 03881904 d:BetweenOneFiveYears 2022-12-31 03881904 d:MoreThanFiveYears 2023-12-31 03881904 d:MoreThanFiveYears 2022-12-31 03881904 2 2023-01-01 2023-12-31 03881904 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 03881904









NORTHUMBERLAND PARK HOUSE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
NORTHUMBERLAND PARK HOUSE LIMITED
REGISTERED NUMBER: 03881904

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
19,425
11,368

Current assets
  

Debtors: amounts falling due within one year
 5 
3,933,281
3,425,800

Cash at bank and in hand
  
97,302
156,318

  
4,030,583
3,582,118

Creditors: amounts falling due within one year
 6 
(420,224)
(541,049)

Net current assets
  
 
 
3,610,359
 
 
3,041,069

  

Net assets
  
3,629,784
3,052,437


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
3,629,782
3,052,435

  
3,629,784
3,052,437


Page 1

 
NORTHUMBERLAND PARK HOUSE LIMITED
REGISTERED NUMBER: 03881904
    
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 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 25 September 2024.




C J Spires
Director


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

Page 2

 
NORTHUMBERLAND PARK HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Northumberland Park House Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registration number is 03881904 and its registered office is First Floor Kirkdale House, Kirkdale Road, Leytonstone, London, E11 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 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

Revenue

Revenue represents rental income receivable by the company under the lease agreement and is recognised on the date when rent is due.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Land and buildings
-
10%
straight line
Fixtures, fittings and equipment
-
20%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

 
2.4

Debtors

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

 
2.5

Creditors

Short term creditors are measured at the transaction price. 

Page 3

 
NORTHUMBERLAND PARK HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Interest income

Interest income is recognised in the Statement of income and retained earnings using the effective interest method.

 
2.8

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

  
2.9

Operating leases: the company as lessee

Rentals paid under operating leases are charged to the Statement of income and retained earnings on a straight line basis over the lease term.


3.


Employees

The average monthly number of employees, including directors, during the year was 22 (2022 - 25).

Page 4

 
NORTHUMBERLAND PARK HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Land and buildings
Fixtures, fittings and equipment
Total

£
£
£



Cost


At 1 January 2023
103,803
39,390
143,193


Additions
12,640
-
12,640



At 31 December 2023

116,443
39,390
155,833



Depreciation


At 1 January 2023
97,151
34,674
131,825


Charge for the year on owned assets
2,160
2,423
4,583



At 31 December 2023

99,311
37,097
136,408



Net book value



At 31 December 2023
17,132
2,293
19,425



At 31 December 2022
6,652
4,716
11,368

Page 5

 
NORTHUMBERLAND PARK HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
125,030
58,384

Amounts owed by group undertakings
499,897
293,986

Other debtors
3,096,872
2,850,514

Prepayments and accrued income
211,482
222,916

3,933,281
3,425,800



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
195,374
361,686

Corporation tax
90,050
94,069

Other taxation and social security
88,437
72,688

Other creditors
31,989
4,528

Accruals and deferred income
14,374
8,078

420,224
541,049



7.


Pension commitments

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the funds in respect of the year.
The assets of the scheme are held separately from those of the Company in independently managed funds. The pension charge for the year amounted to £5,415 
(2022 - £5,520). The outstanding contribution to the scheme at the year end was £2,295 (2022 - £2,511).

Page 6

 
NORTHUMBERLAND PARK HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
650,000
650,000

Later than 1 year and not later than 5 years
2,850,000
2,650,000

Later than 5 years
3,187,500
4,037,500

6,687,500
7,337,500

 
Page 7