Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3No description of principal activity3truetruefalse 11084788 2022-12-01 2023-11-30 11084788 2021-12-01 2022-11-30 11084788 2023-11-30 11084788 2022-11-30 11084788 c:Director1 2022-12-01 2023-11-30 11084788 d:CurrentFinancialInstruments 2023-11-30 11084788 d:CurrentFinancialInstruments 2022-11-30 11084788 d:Non-currentFinancialInstruments 2023-11-30 11084788 d:Non-currentFinancialInstruments 2022-11-30 11084788 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 11084788 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 11084788 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 11084788 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 11084788 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-11-30 11084788 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-11-30 11084788 d:ShareCapital 2023-11-30 11084788 d:ShareCapital 2022-11-30 11084788 d:RetainedEarningsAccumulatedLosses 2023-11-30 11084788 d:RetainedEarningsAccumulatedLosses 2022-11-30 11084788 c:OrdinaryShareClass1 2022-12-01 2023-11-30 11084788 c:OrdinaryShareClass1 2023-11-30 11084788 c:OrdinaryShareClass1 2022-11-30 11084788 c:FRS102 2022-12-01 2023-11-30 11084788 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11084788 c:FullAccounts 2022-12-01 2023-11-30 11084788 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11084788 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11084788









SWEET STREET INVESTMENTS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
SWEET STREET INVESTMENTS LTD
REGISTERED NUMBER: 11084788

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
2,938,876
2,938,876

Debtors: amounts falling due within one year
 4 
1,307
14,251

Cash at bank and in hand
  
834
143

  
2,941,017
2,953,270

Creditors: amounts falling due within one year
 5 
(1,810,563)
(1,722,043)

Net current assets
  
 
 
1,130,454
 
 
1,231,227

Total assets less current liabilities
  
1,130,454
1,231,227

Creditors: amounts falling due after more than one year
 6 
(1,679,226)
(1,663,040)

  

Net liabilities
  
(548,772)
(431,813)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(548,872)
(431,913)

  
(548,772)
(431,813)


Page 1

 
SWEET STREET INVESTMENTS LTD
REGISTERED NUMBER: 11084788
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

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 on 30 August 2024.




Sunil Datt
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
SWEET STREET INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

The Company is a private company, limited by shares, registered in England and Wales, registration number 11084788. The registered office is 43 Frederick Street, Birmingham, West Midlands, England, B1 3HN.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
2.2

Going concern

The directors have prepared the accounts on a going concern basis.

 
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

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
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.


3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 3

 
SWEET STREET INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Debtors

2023
2022
£
£


Other debtors
1,307
14,251

1,307
14,251



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
42,100
37,000

Other creditors
1,767,363
1,683,993

Accruals and deferred income
1,100
1,050

1,810,563
1,722,043



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
1,679,226
1,663,040

1,679,226
1,663,040


The following liabilities were secured:

2023
2022
£
£



Bank loans
1,679,226
1,663,040

1,679,226
1,663,040

Details of security provided:

Bank loans are secured by fixed and floating charges over the assets owned by the company in favour of Together Commercial Finance Limited.

Page 4

 
SWEET STREET INVESTMENTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£




Amounts falling due after more than 5 years

Bank loans
1,679,226
1,663,040

1,679,226
1,663,040

1,679,226
1,663,040



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary Shares shares of £1.00 each
100
100



9.


Transactions with directors

As at the balance sheet date £134,400 (2022: £134,400) was due to a director. The loan is interest free and repayable on demand. 

 
Page 5