Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-011truetruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1false 13939073 2023-01-01 2023-12-31 13939073 2022-02-24 2022-12-31 13939073 2023-12-31 13939073 2022-12-31 13939073 c:Director1 2023-01-01 2023-12-31 13939073 d:FurnitureFittings 2023-01-01 2023-12-31 13939073 d:FurnitureFittings 2023-12-31 13939073 d:FurnitureFittings 2022-12-31 13939073 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13939073 d:FreeholdInvestmentProperty 2023-01-01 2023-12-31 13939073 d:FreeholdInvestmentProperty 2023-12-31 13939073 d:FreeholdInvestmentProperty 2022-12-31 13939073 d:CurrentFinancialInstruments 2023-12-31 13939073 d:CurrentFinancialInstruments 2022-12-31 13939073 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13939073 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13939073 d:ShareCapital 2023-12-31 13939073 d:ShareCapital 2022-12-31 13939073 d:RetainedEarningsAccumulatedLosses 2023-12-31 13939073 d:RetainedEarningsAccumulatedLosses 2022-12-31 13939073 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13939073 c:OrdinaryShareClass1 2023-12-31 13939073 c:OrdinaryShareClass1 2022-12-31 13939073 c:FRS102 2023-01-01 2023-12-31 13939073 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13939073 c:FullAccounts 2023-01-01 2023-12-31 13939073 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13939073 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13939073









Y HAR ZVI INVESTMENT UK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
Y HAR ZVI INVESTMENT UK LTD
REGISTERED NUMBER: 13939073

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
20,944
29,731

Investment property
 5 
1,401,667
1,384,139

  
1,422,611
1,413,870

  

Creditors: amounts falling due within one year
 6 
(1,479,651)
(1,513,121)

Net current liabilities
  
 
 
(1,479,651)
 
 
(1,513,121)

Total assets less current liabilities
  
(57,040)
(99,251)

  

Net liabilities
  
(57,040)
(99,251)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(57,140)
(99,351)

  
(57,040)
(99,251)


Page 1

 
Y HAR ZVI INVESTMENT UK LTD
REGISTERED NUMBER: 13939073
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 comprehensive income 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: 




Yaron Har Zvi
Director

Date: 20 November 2024

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
Y HAR ZVI INVESTMENT UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Y Har Zvi Investment UK Ltd is a private company, limited by shares, incorporated in the United Kingdom and registered in England and Wales. The company's registered office address is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company

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 have been prepared on the going concern basis. The company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 31 December 2023, the company had net liabilities of £57,040. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.

 
2.3

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:

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.

Page 3

 
Y HAR ZVI INVESTMENT UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.4

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:

Fixtures and fittings
-
25%

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.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
Y HAR ZVI INVESTMENT UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 January 2023
35,153



At 31 December 2023

35,153



Depreciation


At 1 January 2023
5,421


Charge for the year on owned assets
8,788



At 31 December 2023

14,209



Net book value



At 31 December 2023
20,944



At 31 December 2022
29,731

Page 5

 
Y HAR ZVI INVESTMENT UK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
1,384,139


Additions at cost
17,528



At 31 December 2023
1,401,667

The 2023 valuations were made by the director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022
£
£


Historic cost
1,401,667
1,384,139

1,401,667
1,384,139


6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
1,477,901
1,511,371

Accruals and deferred income
1,750
1,750

1,479,651
1,513,121



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6