Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity112023-04-01falsetruefalse 13192947 2023-04-01 2024-03-31 13192947 2024-03-31 13192947 2022-04-01 2023-03-31 13192947 2023-03-31 13192947 c:Director1 2023-04-01 2024-03-31 13192947 d:FreeholdInvestmentProperty 2024-03-31 13192947 d:FreeholdInvestmentProperty 2023-03-31 13192947 d:CurrentFinancialInstruments 2024-03-31 13192947 d:CurrentFinancialInstruments 2023-03-31 13192947 d:Non-currentFinancialInstruments 2024-03-31 13192947 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13192947 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13192947 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13192947 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13192947 d:ShareCapital 2024-03-31 13192947 d:ShareCapital 2023-03-31 13192947 d:RevaluationReserve 2024-03-31 13192947 d:RevaluationReserve 2023-03-31 13192947 d:RetainedEarningsAccumulatedLosses 2024-03-31 13192947 d:RetainedEarningsAccumulatedLosses 2023-03-31 13192947 c:FRS102 2023-04-01 2024-03-31 13192947 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13192947 c:FullAccounts 2023-04-01 2024-03-31 13192947 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13192947 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 13192947







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


12 MARKET PLACE KETTERING LIMITED






































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12 MARKET PLACE KETTERING LIMITED
REGISTERED NUMBER:13192947



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
413,000
413,000

  
413,000
413,000

Current assets
  

Cash at bank and in hand
  
9,349
9,398

  
9,349
9,398

Creditors: amounts falling due within one year
 5 
(179,294)
(193,356)

Net current liabilities
  
 
 
(169,945)
 
 
(183,958)

Total assets less current liabilities
  
243,055
229,042

Creditors: amounts falling due after more than one year
 6 
(246,525)
(246,525)

  

Net liabilities
  
(3,470)
(17,483)


Capital and reserves
  

Called up share capital 
  
2
2

Revaluation reserve
  
(3,050)
(3,050)

Profit and loss account
  
(422)
(14,435)

  
(3,470)
(17,483)


Page 1

 


12 MARKET PLACE KETTERING LIMITED
REGISTERED NUMBER:13192947


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



................................................
D P Moore
Director

Date: 19 November 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


12 MARKET PLACE KETTERING LIMITED
 


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

1.


General information

12 Market Place Kettering Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page.  There is no principal place of business.

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.

 
2.3

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.

 
2.4

Borrowing costs

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

 
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.


3.


Employees




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

Page 3

 


12 MARKET PLACE KETTERING LIMITED
 


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

4.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
413,000



At 31 March 2024
413,000

The 2024 valuations were made by the Director, on an open market value for existing use basis.







5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
30,320
30,320

Other creditors
144,636
157,636

Accruals and deferred income
4,338
5,400

179,294
193,356



6.


Creditors: Amounts falling due after more than one year

2024
£

Bank loans
246,525

246,525


 
Page 4