Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true2023-07-01falseNo 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 09083900 2023-07-01 2024-06-30 09083900 2022-07-01 2023-06-30 09083900 2024-06-30 09083900 2023-06-30 09083900 c:Director1 2023-07-01 2024-06-30 09083900 d:Buildings d:LongLeaseholdAssets 2023-07-01 2024-06-30 09083900 d:Buildings d:LongLeaseholdAssets 2024-06-30 09083900 d:Buildings d:LongLeaseholdAssets 2023-06-30 09083900 d:CurrentFinancialInstruments 2024-06-30 09083900 d:CurrentFinancialInstruments 2023-06-30 09083900 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09083900 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09083900 d:ShareCapital 2024-06-30 09083900 d:ShareCapital 2023-06-30 09083900 d:RetainedEarningsAccumulatedLosses 2024-06-30 09083900 d:RetainedEarningsAccumulatedLosses 2023-06-30 09083900 c:FRS102 2023-07-01 2024-06-30 09083900 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09083900 c:FullAccounts 2023-07-01 2024-06-30 09083900 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09083900 d:WithinOneYear 2024-06-30 09083900 d:WithinOneYear 2023-06-30 09083900 d:BetweenOneFiveYears 2024-06-30 09083900 d:BetweenOneFiveYears 2023-06-30 09083900 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 09083900









RCP BRIGHTON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
RCP BRIGHTON LIMITED
REGISTERED NUMBER: 09083900

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
48,214
4,011

  
48,214
4,011

Current assets
  

Debtors: amounts falling due within one year
 5 
143,143
126,611

Cash at bank and in hand
 6 
1,460
18,462

  
144,603
145,073

Creditors: amounts falling due within one year
 7 
(178,348)
(141,346)

Net current (liabilities)/assets
  
 
 
(33,745)
 
 
3,727

Total assets less current liabilities
  
14,469
7,738

  

Net assets
  
14,469
7,738


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
14,467
7,736

  
14,469
7,738


Page 1

 
RCP BRIGHTON LIMITED
REGISTERED NUMBER: 09083900
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 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: 




................................................
A Naghshineh
Director

Date: 21 January 2025

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

Page 2

 
RCP BRIGHTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

RCP Brighton Limited is a private company limited by shares and is incorporated and
domiciled in England. The address of its registered office is 13 Diamond Road, Norwich, NR6 6AW.

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

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
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.

Page 3

 
RCP BRIGHTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
20%
straight line method

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

 
RCP BRIGHTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees




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

Page 5

 
RCP BRIGHTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Long-term leasehold property

£



Cost or valuation


At 1 July 2023
51,219


Additions
49,031



At 30 June 2024

100,250



Depreciation


At 1 July 2023
47,208


Charge for the year on owned assets
4,828



At 30 June 2024

52,036



Net book value



At 30 June 2024
48,214



At 30 June 2023
4,011


5.


Debtors

2024
2023
£
£


Other debtors
20,205
23,234

Prepayments and accrued income
122,938
103,377

143,143
126,611



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,460
18,462

1,460
18,462


Page 6

 
RCP BRIGHTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
8,296

Corporation tax
5,452
2,747

Other creditors
164,828
128,653

Accruals and deferred income
8,068
1,650

178,348
141,346



8.


Commitments under operating leases

At 30 June 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
500,000
400,000

Later than 1 year and not later than 5 years
2,500,000
-

3,000,000
400,000


9.


Related party transactions

Included in other creditors at the year end are amounts of £164,828 (2023: £128,653) due to RCP Parking Limited. The directors, S Naghshineh and A Naghshineh are also directors and shareholders of RCP Parking Limited.

 
Page 7