Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falsefalse2023-04-01No description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12901510 2023-04-01 2024-03-31 12901510 2022-04-01 2023-03-31 12901510 2024-03-31 12901510 2023-03-31 12901510 c:Director2 2023-04-01 2024-03-31 12901510 d:LeaseholdInvestmentProperty 2024-03-31 12901510 d:LeaseholdInvestmentProperty 2023-03-31 12901510 d:CurrentFinancialInstruments 2024-03-31 12901510 d:CurrentFinancialInstruments 2023-03-31 12901510 d:Non-currentFinancialInstruments 2024-03-31 12901510 d:Non-currentFinancialInstruments 2023-03-31 12901510 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12901510 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12901510 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12901510 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12901510 d:ShareCapital 2024-03-31 12901510 d:ShareCapital 2023-03-31 12901510 d:RetainedEarningsAccumulatedLosses 2024-03-31 12901510 d:RetainedEarningsAccumulatedLosses 2023-03-31 12901510 c:OrdinaryShareClass1 2023-04-01 2024-03-31 12901510 c:OrdinaryShareClass1 2024-03-31 12901510 c:OrdinaryShareClass1 2023-03-31 12901510 c:FRS102 2023-04-01 2024-03-31 12901510 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12901510 c:FullAccounts 2023-04-01 2024-03-31 12901510 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12901510 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12901510









GREEN VALLEY REAL ESTATE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
GREEN VALLEY REAL ESTATE LIMITED
REGISTERED NUMBER: 12901510

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
260,014
260,014

  
260,014
260,014

Current assets
  

Debtors: amounts falling due within one year
 5 
2,775
2,775

Cash at bank and in hand
 6 
7,804
9,225

  
10,579
12,000

Creditors: amounts falling due within one year
 7 
(21,924)
(16,340)

Net current liabilities
  
 
 
(11,345)
 
 
(4,340)

Total assets less current liabilities
  
248,669
255,674

Creditors: amounts falling due after more than one year
 8 
(286,071)
(272,617)

  

Net liabilities
  
(37,402)
(16,943)


Capital and reserves
  

Called up share capital 
 9 
1
1

Profit and loss account
  
(37,403)
(16,944)

  
(37,402)
(16,943)


Page 1

 
GREEN VALLEY REAL ESTATE LIMITED
REGISTERED NUMBER: 12901510
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

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 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 on 13 January 2025.


Haider Alrubaei
Director

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

Page 2

 
GREEN VALLEY REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Green Valley Real Estate Limited is a private company limited by shares and it is incorporated in England and Wales (registered no 12901510). Its registered office is 11-15 Collingham Place, London, England, SW5 0QE.

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

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. Given that the company is in a net deficit position the directors have obtained assurances from its immediate and ultimate parent company to continue to provide adequate funds to meets its obligations, and not to demand repayment of any funds due to them, until the company is in a financial position to do so. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.

 
2.3

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.

 
2.4

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

 
GREEN VALLEY REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value 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.


3.


Employees

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


4.


Investment property


Long term leasehold investment property

£



Valuation


At 1 April 2023
260,014



At 31 March 2024
260,014

The 2024 valuations were made by the directors, on an open market value for existing use basis.






Page 4

 
GREEN VALLEY REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
2,775
2,775

2,775
2,775



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
7,804
9,225

7,804
9,225



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
9,200
3,616

Accruals and deferred income
12,724
12,724

21,924
16,340



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
286,071
272,617

286,071
272,617



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1


Page 5

 
GREEN VALLEY REAL ESTATE LIMITED
 
 
 Page 6