Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false22023-04-01General Investmenttruefalse 02195306 2023-04-01 2024-03-31 02195306 2022-04-01 2023-03-31 02195306 2024-03-31 02195306 2023-03-31 02195306 c:Director1 2023-04-01 2024-03-31 02195306 d:CurrentFinancialInstruments 2024-03-31 02195306 d:CurrentFinancialInstruments 2023-03-31 02195306 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02195306 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02195306 d:ShareCapital 2024-03-31 02195306 d:ShareCapital 2023-03-31 02195306 d:RetainedEarningsAccumulatedLosses 2024-03-31 02195306 d:RetainedEarningsAccumulatedLosses 2023-03-31 02195306 c:OrdinaryShareClass1 2023-04-01 2024-03-31 02195306 c:OrdinaryShareClass1 2024-03-31 02195306 c:FRS102 2023-04-01 2024-03-31 02195306 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02195306 c:FullAccounts 2023-04-01 2024-03-31 02195306 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02195306 6 2023-04-01 2024-03-31 02195306 d:Associate1 2023-04-01 2024-03-31 02195306 d:Associate1 1 2023-04-01 2024-03-31 02195306 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02195306









MOATGROVE LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
MOATGROVE LIMITED
 

CONTENTS



Page
Balance Sheet
 
 
1
Notes to the Financial Statements
 
 
2 - 4


 
MOATGROVE LIMITED
REGISTERED NUMBER: 02195306

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
5,000
5,000

Current assets
  

Cash at bank and in hand
  
30,128
32,573

Creditors: amounts falling due within one year
 5 
(2,240)
(2,180)

Net current assets
  
 
 
27,888
 
 
30,393

  

Net assets
  
32,888
35,393


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
32,788
35,293

  
32,888
35,393


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: 




................................................
V A Shah
Director
Date: 25 November 2024

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

Page 1

 
MOATGROVE LIMITED
 

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

1.


General information

Moatgrove Limited is a private company, limited by shares, and incorporated in England and Wales. The address of its registered office is 3rd Floor, 24 Old Bond Street, London, W1S 4BH.
The functional and presentational currency of the company is pounds sterling (£).

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

Investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.3

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.

 
2.4

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.

 
2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans from other third parties.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. 

 
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.

Page 2

 
MOATGROVE LIMITED
 

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

2.Accounting policies (continued)

 
2.7

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 at an annual general meeting.

 
2.8

Taxation

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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet 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 balance sheet 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 is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

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


4.


Fixed asset investments





Investments in participating interests

£



Cost


At 1 April 2023
5,000



At 31 March 2024
5,000




Page 3

 
MOATGROVE LIMITED
 

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

Participating interest


The following was an associate of the company:


Name

Principal activity

Class of shares

Holding

Heroic Properties Limited
Property Investment
Ordinary
50%


5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
240
320

Accruals and deferred income
2,000
1,860

2,240
2,180



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100



Page 4