Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29holding company1truetrue1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-01 13144583 2023-03-01 2024-02-29 13144583 2022-03-01 2023-02-28 13144583 2024-02-29 13144583 2023-02-28 13144583 c:Director1 2023-03-01 2024-02-29 13144583 d:Buildings 2023-03-01 2024-02-29 13144583 d:Buildings 2024-02-29 13144583 d:Buildings 2023-02-28 13144583 d:CurrentFinancialInstruments 2024-02-29 13144583 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13144583 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13144583 d:ShareCapital 2024-02-29 13144583 d:ShareCapital 2023-02-28 13144583 d:FinancialLiabilitiesFairValueThroughProfitOrLoss d:ListedExchangeTraded 2024-02-29 13144583 d:FinancialLiabilitiesFairValueThroughProfitOrLoss d:ListedExchangeTraded 2023-02-28 13144583 c:FRS102 2023-03-01 2024-02-29 13144583 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13144583 c:FullAccounts 2023-03-01 2024-02-29 13144583 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13144583 6 2023-03-01 2024-02-29 13144583 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure

Registered number:  13144583














PARTI PROJECTS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

 
PARTI PROJECTS LIMITED
REGISTERED NUMBER: 13144583

BALANCE SHEET
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
393,039
393,039

Investments
 5 
100
100

  
393,139
393,139

  

Creditors: amounts falling due within one year
 6 
(393,039)
(393,039)

Net current liabilities
  
 
 
(393,039)
 
 
(393,039)

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


Page 1

 
PARTI PROJECTS LIMITED
REGISTERED NUMBER: 13144583
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

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 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: 




T Leahy
Director

Date: 13 November 2024

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

Page 2

 
PARTI PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act
2006 and registered in England & Wales (no. 13144583). The registered office is 216 Drake House, St George Wharf, London, United Kingdom, SW8 2RL.
These financial statements present information about the company as an individual undertaking. The
principal activity of the company is that of a holding 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

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
-
2%
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 profit or loss.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

 
2.5

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.

Page 3

 
PARTI PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.5
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 receipts 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
PARTI PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Freehold property

£



Cost or valuation


At 1 March 2023
393,039



At 29 February 2024

393,039






Net book value



At 29 February 2024
393,039


5.


Fixed asset investments








Unlisted investments

£



Cost or valuation


At 1 March 2023
100



At 29 February 2024
100





6.


Creditors: Amounts falling due within one year

29 February
2024
£

Other creditors
393,039

393,039


Page 5

 
PARTI PROJECTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

7.


Financial instruments

29 February
28 February
2024
2023
£
£



Financial liabilities


Financial liabilities measured at amortised cost
393,039
393,039


Financial liabilities measured at amortised cost comprise of other creditors.


8.


Related party transactions

Included in other debtors and other creditors are the following amounts due (to) / from the company at the
balance sheet date:


29 February
28 February
2024
2023
£
£

T Leahy
(387,939)
(387,939)
Parti+ Limited
(5,000)
(5,000)
(392,939)
(392,939)

T Leahy is the director. The loan is repayable on demand and no interest has been charged.
Parti+ Limited is a connected company. The loan is repayable on demand and no interest has been
charged.


9.


Controlling party

The company is under the control of T Leahy and E Hill.

Page 6