Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302023-07-01falseRental22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01216193 2023-07-01 2024-06-30 01216193 2022-07-01 2023-06-30 01216193 2024-06-30 01216193 2023-06-30 01216193 c:Director2 2023-07-01 2024-06-30 01216193 d:FreeholdInvestmentProperty 2024-06-30 01216193 d:FreeholdInvestmentProperty 2023-06-30 01216193 d:CurrentFinancialInstruments 2024-06-30 01216193 d:CurrentFinancialInstruments 2023-06-30 01216193 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 01216193 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 01216193 d:ShareCapital 2024-06-30 01216193 d:ShareCapital 2023-06-30 01216193 d:RevaluationReserve 2024-06-30 01216193 d:RevaluationReserve 2023-06-30 01216193 d:RetainedEarningsAccumulatedLosses 2024-06-30 01216193 d:RetainedEarningsAccumulatedLosses 2023-06-30 01216193 c:OrdinaryShareClass1 2023-07-01 2024-06-30 01216193 c:OrdinaryShareClass1 2024-06-30 01216193 c:OrdinaryShareClass1 2023-06-30 01216193 c:FRS102 2023-07-01 2024-06-30 01216193 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 01216193 c:FullAccounts 2023-07-01 2024-06-30 01216193 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 01216193 2 2023-07-01 2024-06-30 01216193 5 2023-07-01 2024-06-30 01216193 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01216193









D.S. HOLMES PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
D.S. HOLMES PROPERTIES LIMITED
REGISTERED NUMBER: 01216193

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
211,638
211,638

  
211,638
211,638

Current assets
  

Debtors: amounts falling due within one year
 5 
5,338
5,134

Cash at bank and in hand
 6 
84,668
120,040

  
90,006
125,174

Creditors: amounts falling due within one year
 7 
(28,527)
(27,900)

Net current assets
  
 
 
61,479
 
 
97,274

Total assets less current liabilities
  
273,117
308,912

  

Net assets
  
273,117
308,912


Capital and reserves
  

Called up share capital 
 8 
2,500
2,500

Revaluation reserve
  
113,332
113,332

Profit and loss account
  
157,285
193,080

  
273,117
308,912


Page 1

 
D.S. HOLMES PROPERTIES LIMITED
REGISTERED NUMBER: 01216193
    
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 profit and loss account 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: 




................................................
Mrs P Jones
Director

Date: 9 January 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
D.S. HOLMES PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

D.S. Holmes Properties Limited is a private limited company, limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Meadow View, Rhossddu Industrial Estate, Wrexham, Clwyd, LL11 4YL. 

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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
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

 
D.S. HOLMES PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

Page 4

 
D.S. HOLMES PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees

2024
2023
£
£

Social security costs
2,525
1,920

2,525
1,920


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


4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
211,638



At 30 June 2024
211,638

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

2024
2023
£
£

Revaluation reserves


Net surplus/(deficit) in movement properties
113,332
113,332

At 30 June 2024
113,332
113,332



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
98,305
98,305

98,305
98,305

Page 5

 
D.S. HOLMES PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
5,338
5,134

5,338
5,134



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
84,668
120,040

84,668
120,040



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Deposits held
3,600
3,600

Corporation tax
10,637
10,454

Other taxation and social security
3,799
3,694

Deferred income
6,782
6,607

Accruals and deferred income
3,709
3,545

28,527
27,900



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2,500 (2023 - 2,500) ORDINARY shares of £1.00 each
2,500
2,500


 
Page 6