Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsetrue2023-07-01falseNo description of principal activity54The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12060565 2023-07-01 2024-03-31 12060565 2022-07-01 2023-06-30 12060565 2024-03-31 12060565 2023-06-30 12060565 c:Director1 2023-07-01 2024-03-31 12060565 c:Director2 2023-07-01 2024-03-31 12060565 c:Director3 2023-07-01 2024-03-31 12060565 c:Director4 2023-07-01 2024-03-31 12060565 c:Director5 2023-07-01 2024-03-31 12060565 c:Director5 2024-03-31 12060565 c:RegisteredOffice 2023-07-01 2024-03-31 12060565 d:Buildings 2023-07-01 2024-03-31 12060565 d:Buildings 2024-03-31 12060565 d:Buildings 2023-06-30 12060565 d:CurrentFinancialInstruments 2024-03-31 12060565 d:CurrentFinancialInstruments 2023-06-30 12060565 d:Non-currentFinancialInstruments 2024-03-31 12060565 d:Non-currentFinancialInstruments 2023-06-30 12060565 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12060565 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12060565 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12060565 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 12060565 d:ShareCapital 2024-03-31 12060565 d:ShareCapital 2023-06-30 12060565 d:RetainedEarningsAccumulatedLosses 2024-03-31 12060565 d:RetainedEarningsAccumulatedLosses 2023-06-30 12060565 c:FRS102 2023-07-01 2024-03-31 12060565 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-03-31 12060565 c:FullAccounts 2023-07-01 2024-03-31 12060565 c:PrivateLimitedCompanyLtd 2023-07-01 2024-03-31 12060565 2 2023-07-01 2024-03-31 12060565 e:PoundSterling 2023-07-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 12060565







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2024


PROPCO (STRATFORD UPON AVON) LIMITED






































img3244.png                        

 


PROPCO (STRATFORD UPON AVON) LIMITED
 


 
COMPANY INFORMATION


Directors
Mr T J Carroll 
Mr P J Dixon 
Mr J A Halton 
Mr L C Hollick 
Mr A G Winstanley (appointed 26 March 2024)




Registered number
12060565



Registered office
4 Elm Place
 Old Witney Road

Eynsham

Oxfordshire

OX29 4BD




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


PROPCO (STRATFORD UPON AVON) LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6


 


PROPCO (STRATFORD UPON AVON) LIMITED
REGISTERED NUMBER:12060565



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

31 March
30 June
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,977,094
2,777,094

  
2,977,094
2,777,094

Current assets
  

Debtors: amounts falling due within one year
 5 
-
100

Cash at bank and in hand
  
1,454
-

  
1,454
100

Creditors: amounts falling due within one year
 6 
(203,100)
(2,777,094)

Net current liabilities
  
 
 
(201,646)
 
 
(2,776,994)

Total assets less current liabilities
  
2,775,448
100

Creditors: amounts falling due after more than one year
  
(2,779,094)
-

  

Net (liabilities)/assets
  
(3,646)
100

Page 1

 


PROPCO (STRATFORD UPON AVON) LIMITED
REGISTERED NUMBER:12060565


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

31 March
30 June
2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(3,746)
-

  
(3,646)
100


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 period 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 by: 





Mr P J Dixon
Director

Date: 11 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


PROPCO (STRATFORD UPON AVON) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Propco (Stratford Upon Avon) Limited is a private company limited by shares incorporated in England and
Wales. The registered office is 4 Elm Place, Old Witney Road, Eynsham, Witney, Oxfordshire, OX29 4BD.
The accounting period has been shortened to the 31 March 2024 in order to bring in line with associated companies.

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

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:

Freehold property
-
No depreciation

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 profit or loss.

 
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.

Page 3

 


PROPCO (STRATFORD UPON AVON) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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 Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


3.


Employees

The average monthly number of employees, including directors, during the period was 5 (30 June 2023 - 4).

Page 4

 


PROPCO (STRATFORD UPON AVON) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Freehold property

£



Cost or valuation


At 1 July 2023
2,777,094


Additions
200,000



At 31 March 2024

2,977,094






Net book value



At 31 March 2024
2,977,094



At 30 June 2023
2,777,094


5.


Debtors

31 March
30 June
2024
2023
£
£


Other debtors
-
100

-
100



6.


Creditors: Amounts falling due within one year

31 March
30 June
2024
2023
£
£

Other creditors
200,000
2,777,094

Accruals and deferred income
3,100
-

203,100
2,777,094


Page 5

 


PROPCO (STRATFORD UPON AVON) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due after more than one year

31 March
30 June
2024
2023
£
£

Other creditors
2,779,094
-

2,779,094
-



8.


Related party transactions

At the year end, the company owed £127,000 (30 June 2023: £125,000) to Lawrence Baker Limited. The directors of the company are also directors of Lawrence Baker Limited.
At the year end, the company owed £2,652,094 (30 June 2023: £2,652,094) to one of the directors of the company.

 
Page 6