Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3112023-04-01falseNo description of principal activity1falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13199350 2023-04-01 2024-03-31 13199350 2022-04-01 2023-03-31 13199350 2024-03-31 13199350 2023-03-31 13199350 c:Director1 2023-04-01 2024-03-31 13199350 d:MotorVehicles 2023-04-01 2024-03-31 13199350 d:MotorVehicles 2024-03-31 13199350 d:MotorVehicles 2023-03-31 13199350 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13199350 d:CurrentFinancialInstruments 2024-03-31 13199350 d:CurrentFinancialInstruments 2023-03-31 13199350 d:Non-currentFinancialInstruments 2024-03-31 13199350 d:Non-currentFinancialInstruments 2023-03-31 13199350 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13199350 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13199350 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13199350 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13199350 d:ShareCapital 2024-03-31 13199350 d:ShareCapital 2023-03-31 13199350 d:RetainedEarningsAccumulatedLosses 2024-03-31 13199350 d:RetainedEarningsAccumulatedLosses 2023-03-31 13199350 c:OrdinaryShareClass1 2023-04-01 2024-03-31 13199350 c:OrdinaryShareClass1 2024-03-31 13199350 c:OrdinaryShareClass1 2023-03-31 13199350 c:OrdinaryShareClass2 2023-04-01 2024-03-31 13199350 c:OrdinaryShareClass2 2024-03-31 13199350 c:FRS102 2023-04-01 2024-03-31 13199350 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13199350 c:FullAccounts 2023-04-01 2024-03-31 13199350 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13199350 d:HirePurchaseContracts d:WithinOneYear 2024-03-31 13199350 d:HirePurchaseContracts d:WithinOneYear 2023-03-31 13199350 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-31 13199350 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-03-31 13199350 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13199350









PSJ PROPERTY INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
PSJ PROPERTY INVESTMENTS LIMITED
REGISTERED NUMBER: 13199350

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
32,731
43,643

  
32,731
43,643

Current assets
  

Debtors: amounts falling due within one year
 5 
4,297
53,090

Cash at bank and in hand
 6 
27,852
399

  
32,149
53,489

Creditors: amounts falling due within one year
 7 
(19,393)
(7,302)

Net current assets
  
 
 
12,756
 
 
46,187

Total assets less current liabilities
  
45,487
89,830

Creditors: amounts falling due after more than one year
  
(34,916)
(39,342)

  

Net assets
  
10,571
50,488


Capital and reserves
  

Called up share capital 
  
100
1

Profit and loss account
  
10,471
50,487

  
10,571
50,488


Page 1

 
PSJ PROPERTY INVESTMENTS LIMITED
REGISTERED NUMBER: 13199350
    
BALANCE SHEET (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 comprehensive income 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 A Shields
Director

Date: 2 December 2024

Page 2

 
PSJ PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

PSJ Property Investments limited  is a private company limited by shares and incorporated in England and Wales(registered number 13199350). The registered office address is 101 New Cavendish Streeet, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the Company.

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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

 
PSJ PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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 income 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.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

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

 
PSJ PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

2024
2023
£
£

Wages and salaries
18,000
-

Cost of defined contribution scheme
750
1,500

18,750
1,500


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


4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 April 2023
58,190



At 31 March 2024

58,190



Depreciation


At 1 April 2023
14,548


Charge for the year on owned assets
10,911



At 31 March 2024

25,459



Net book value



At 31 March 2024
32,731



At 31 March 2023
43,643

Page 5

 
PSJ PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
4,297
53,090

4,297
53,090



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
27,852
399

27,852
399



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
13,969
1,879

Obligations under finance lease and hire purchase contracts
4,424
4,424

Accruals and deferred income
1,000
999

19,393
7,302



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
34,916
39,342

34,916
39,342


Page 6

 
PSJ PROPERTY INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
-
4,424

Between 1-5 years
-
39,341

-
43,765


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5 (2023 - 1) Ordinary B share shares of £1.00 each
5
1
95 (2023 - 1) Ordinary share shares of £1.00 each
95
-

100

1


On 17 October 2023, 99 Ordinary shares of £1 each were fully issued and paid.
During the year, 100 Ordinary shares of £1 each were re-designated to 95 Ordinary shares of £1 each and 5 Ordinary B shares of £1 each respectively.

 
Page 7