Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13875237 2023-04-01 2024-03-31 13875237 2022-01-27 2023-03-31 13875237 2024-03-31 13875237 2023-03-31 13875237 c:Director2 2023-04-01 2024-03-31 13875237 d:CurrentFinancialInstruments 2024-03-31 13875237 d:CurrentFinancialInstruments 2023-03-31 13875237 d:Non-currentFinancialInstruments 2024-03-31 13875237 d:Non-currentFinancialInstruments 2023-03-31 13875237 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13875237 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13875237 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13875237 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13875237 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 13875237 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 13875237 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 13875237 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 13875237 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 13875237 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 13875237 d:ShareCapital 2024-03-31 13875237 d:ShareCapital 2023-03-31 13875237 d:RetainedEarningsAccumulatedLosses 2024-03-31 13875237 d:RetainedEarningsAccumulatedLosses 2023-03-31 13875237 c:FRS102 2023-04-01 2024-03-31 13875237 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13875237 c:FullAccounts 2023-04-01 2024-03-31 13875237 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13875237 2 2023-04-01 2024-03-31 13875237 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13875237









PPR HIGH CHELMSFORD LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
PPR HIGH CHELMSFORD LIMITED
REGISTERED NUMBER: 13875237

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2024
2023
2023
Note
£
£
£
£

  

Current assets
  

Stocks
 4 
4,299,000
4,491,800

Debtors: amounts falling due within one year
 5 
138,899
36,300

Cash at bank and in hand
 6 
426,069
409,320

  
4,863,968
4,937,420

Creditors: amounts falling due within one year
 7 
(2,374,680)
(2,367,862)

Net current assets
  
 
 
2,489,288
 
 
2,569,558

Total assets less current liabilities
  
2,489,288
2,569,558

Creditors: amounts falling due after more than one year
 8 
(2,489,376)
(2,569,589)

  

Net liabilities
  
(88)
(31)


Capital and reserves
  

Called up share capital 
  
9
9

Profit and loss account
  
(97)
(40)

  
(88)
(31)


Page 1

 
PPR HIGH CHELMSFORD LIMITED
REGISTERED NUMBER: 13875237
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 by: 




................................................
N Hopkinson
Director

Date: 12 November 2024

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

Page 2

 
PPR HIGH CHELMSFORD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

PPR High Chelmsford Limited is a private company, limited by shares.  The company is incorporated in England and Wales and the address of the registered office is 5 Welbeck Street, London, WIG 9YQ.  
The financial statements are presented in Sterling (£), rounded to the nearest £1.

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 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:

  
2.3

Other operating income

Other operating income principally relates to rental income, such income is recognised on an accural basis.

 
2.4

Interest income

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

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. 

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 3

 
PPR HIGH CHELMSFORD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

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 2 (2023 - 2).


4.


Stocks

2024
2023
£
£

Property Stock
4,299,000
4,491,800



5.


Debtors

2024
2023
£
£


Other debtors
50,000
-

Called up share capital not paid
9
9

Prepayments and accrued income
88,890
36,291

138,899
36,300


Page 4

 
PPR HIGH CHELMSFORD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
426,069
409,320



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
77,310
74,408

Trade creditors
91,608
29,930

Other taxation and social security
5,194
24,052

Other creditors
2,186,132
2,150,909

Accruals and deferred income
14,436
88,563

2,374,680
2,367,862


Secured loan
The bank loan is secured by a fixed charge over the property and a floating charge over the property and undertakings of the company.


8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
2,489,376
2,569,589


Secured loan
The bank loan is secured by a fixed charge over the property and a floating charge over the property and undertakings of the company.

Page 5

 
PPR HIGH CHELMSFORD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
77,310
74,408

Amounts falling due 1-2 years

Bank loans
77,310
74,408

Amounts falling due 2-5 years

Bank loans
231,930
223,223

Amounts falling due after more than 5 years

Bank loans
2,180,137
2,271,958

2,566,687
2,643,997


 
Page 6