Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-3062023-07-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00549685 2023-07-01 2024-06-30 00549685 2022-07-01 2023-06-30 00549685 2024-06-30 00549685 2023-06-30 00549685 c:Director3 2023-07-01 2024-06-30 00549685 d:FreeholdInvestmentProperty 2024-06-30 00549685 d:FreeholdInvestmentProperty 2023-06-30 00549685 d:CurrentFinancialInstruments 2024-06-30 00549685 d:CurrentFinancialInstruments 2023-06-30 00549685 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 00549685 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 00549685 d:ShareCapital 2024-06-30 00549685 d:ShareCapital 2023-06-30 00549685 d:RetainedEarningsAccumulatedLosses 2024-06-30 00549685 d:RetainedEarningsAccumulatedLosses 2023-06-30 00549685 c:FRS102 2023-07-01 2024-06-30 00549685 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 00549685 c:FullAccounts 2023-07-01 2024-06-30 00549685 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 00549685 d:OtherDeferredTax 2024-06-30 00549685 d:OtherDeferredTax 2023-06-30 00549685 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 00549685










R V & D T FUTTER LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
R V & D T FUTTER LIMITED
REGISTERED NUMBER: 00549685

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
375,000
375,000

  
375,000
375,000

Current assets
  

Debtors: amounts falling due within one year
 5 
429
878

Cash at bank and in hand
  
10,855
124,987

  
11,284
125,865

Creditors: amounts falling due within one year
 6 
(10,456)
(18,202)

Net current assets
  
 
 
828
 
 
107,663

Total assets less current liabilities
  
375,828
482,663

Provisions for liabilities
  

Deferred tax
 7 
(36,978)
(36,978)

  
 
 
(36,978)
 
 
(36,978)

Net assets
  
338,850
445,685


Capital and reserves
  

Called up share capital 
  
1,200
1,200

Profit and loss account
  
337,650
444,485

  
338,850
445,685


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 income statement 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 on 15 November 2024.
Page 1

 
R V & D T FUTTER LIMITED
REGISTERED NUMBER: 00549685
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024





................................................
I K Futter
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
R V & D T FUTTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

R V & D T Futter Limited is a private company limited by shares and incorporated in England and Wales, registration number 00549685. The registered office is 1st Floor Prospect house, Rouen Road, Norwich, NR1 1RE

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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of rental income received for the year.

 
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.

Page 3

 
R V & D T FUTTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

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 income 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.


 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 4

 
R V & D T FUTTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 6).

Page 5

 
R V & D T FUTTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
375,000



At 30 June 2024
375,000

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





5.


Debtors

2024
2023
£
£


Other debtors
-
257

Prepayments and accrued income
429
621

429
878



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
234

Corporation tax
2,029
2,889

Other creditors
5,424
8,842

Accruals and deferred income
3,003
6,237

10,456
18,202


Page 6

 
R V & D T FUTTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Deferred taxation




2024


£






At beginning of year
(36,978)



At end of year
(36,978)

2024
2023
£
£


Capital gains on investment property
(36,978)
(36,978)

(36,978)
(36,978)


8.


Related party transactions

As at 30 June 2024 £5,424 (2023 £8,563) was owed to the directors of the company.

 
Page 7