Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2No description of principal activity2023-04-012falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13410571 2023-04-01 2024-03-31 13410571 2024-03-31 13410571 2022-04-01 2023-03-31 13410571 2023-03-31 13410571 c:Director1 2023-04-01 2024-03-31 13410571 c:Director2 2023-04-01 2024-03-31 13410571 c:RegisteredOffice 2023-04-01 2024-03-31 13410571 c:Agent1 2023-04-01 2024-03-31 13410571 d:CurrentFinancialInstruments 2024-03-31 13410571 d:CurrentFinancialInstruments 2023-03-31 13410571 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13410571 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13410571 d:ShareCapital 2024-03-31 13410571 d:ShareCapital 2023-03-31 13410571 d:RetainedEarningsAccumulatedLosses 2024-03-31 13410571 d:RetainedEarningsAccumulatedLosses 2023-03-31 13410571 c:FRS102 2023-04-01 2024-03-31 13410571 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13410571 c:FullAccounts 2023-04-01 2024-03-31 13410571 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13410571 4 2023-04-01 2024-03-31 13410571 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 13410571







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


GATWICK GREEN 1 LIMITED






































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GATWICK GREEN 1 LIMITED
 


 
COMPANY INFORMATION


Directors
J C Munday 
M R Young 




Registered number
13410571



Registered office
Fetcham Park Lower Road
Fetcham

Leatherhead

United Kingdom

KT22 9HD




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG




Bankers
Barclays Bank Plc
Ground Floor

Tagus House

Ocean Way

Southampton

SO14 2ZP




Solicitors
Charles Russell Speechlys LLP
One London Square

Cross Lanes

Guildford

Surrey

GU1 1UN
 
Pinsent Masons LLP
30 Crown Place
Earl Street
London
EC2A 4ES





 


GATWICK GREEN 1 LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 4


 


GATWICK GREEN 1 LIMITED
REGISTERED NUMBER:13410571



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
9,137,926
8,396,750

Debtors: amounts falling due within one year
 4 
85,743
46,516

  
9,223,669
8,443,266

Creditors: amounts falling due within one year
 5 
(88,878)
(25,433)

Net current assets
  
 
 
9,134,791
 
 
8,417,833

Total assets less current liabilities
  
9,134,791
8,417,833

  

Net assets
  
9,134,791
8,417,833


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
9,134,790
8,417,832

  
9,134,791
8,417,833


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: 




................................................
J C Munday
Director

Date: 15 October 2024

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


GATWICK GREEN 1 LIMITED
 


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

1.


General information

Gatwick Green 1 Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office, which is also the principal place of business, is disclosed on the company information page.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.4

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Page 2

 


GATWICK GREEN 1 LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Stocks

Work in progress is valued at the lower of cost and net realisable value. Net realisable value is based on the estimated selling price less costs to completion and disposal.  Work in progress and finished goods include labour and attributable overheads.

At each reporting 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.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




The company has no employees other than the directors who did not receive any remuneration.


4.


Debtors

2024
2023
£
£


Other debtors
18,911
7,817

Bank
9,141
4,075

Prepayments and accrued income
685
1,881

Deferred taxation
57,006
32,743

85,743
46,516



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
58,446
12,473

Accruals and deferred income
30,432
12,960

88,878
25,433


Page 3

 


GATWICK GREEN 1 LIMITED
 


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

6.


Prior year reclassifications

The director has reclassified income between turnover and other operating income. This adjustment is presentational only and does not impact on underlying results for either year.


7.


Parent Company

The immediate parent company is Gatwick Green Limited, a company registered in England. The registered office address of Gatwick Green Limited is: Fetcham Park Lower Road, Fetcham, Leatherhead, United Kingdom, KT22 9HD.
The ultimate parent company is Wilky Group Limited, a company registered in England. The registered office address of the Wilky Group Limited is: Parallel House, 32 London Road, Guildford, Surrey, GU1 2AB.
The smallest and largest group in which the results of the company are consolidated is that headed by The Wilky Group Limited.
The Wilky Group Limited prepares consolidated financial statements and copies can be obtained from Companies House. 

 
Page 4