Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01truefalseNo 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 07620849 2023-01-01 2023-12-31 07620849 2022-01-01 2022-12-31 07620849 2023-12-31 07620849 2022-12-31 07620849 c:Director2 2023-01-01 2023-12-31 07620849 d:CurrentFinancialInstruments 2023-12-31 07620849 d:CurrentFinancialInstruments 2022-12-31 07620849 d:Non-currentFinancialInstruments 2023-12-31 07620849 d:Non-currentFinancialInstruments 2022-12-31 07620849 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07620849 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07620849 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07620849 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 07620849 d:ShareCapital 2023-12-31 07620849 d:ShareCapital 2022-12-31 07620849 d:RetainedEarningsAccumulatedLosses 2023-12-31 07620849 d:RetainedEarningsAccumulatedLosses 2022-12-31 07620849 c:FRS102 2023-01-01 2023-12-31 07620849 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07620849 c:FullAccounts 2023-01-01 2023-12-31 07620849 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07620849 6 2023-01-01 2023-12-31 07620849 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 07620849









XENIA MANAGEMENT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
XENIA MANAGEMENT LIMITED
REGISTERED NUMBER: 07620849

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1,781,020
1,781,006

  
1,781,020
1,781,006

Current assets
  

Debtors: amounts falling due after more than one year
 5 
5,041,054
3,728,412

Debtors: amounts falling due within one year
 5 
29,170
26,434

Cash at bank and in hand
 6 
9,865
28,293

  
5,080,089
3,783,139

Creditors: amounts falling due within one year
 7 
(188,319)
(308,745)

Net current assets
  
 
 
4,891,770
 
 
3,474,394

Total assets less current liabilities
  
6,672,790
5,255,400

Creditors: amounts falling due after more than one year
 8 
(5,181,923)
(3,829,039)

  

Net assets
  
1,490,867
1,426,361


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
1,490,847
1,426,341

  
1,490,867
1,426,361


Page 1

 
XENIA MANAGEMENT LIMITED
REGISTERED NUMBER: 07620849
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 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: 




P Norman
Director

Date: 20 January 2025

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

Page 2

 
XENIA MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Xenia Management Limited is a private company limited by shares, incorporated in England and Wales (registered number 07620849). Its registered office is at 101 New Cavendish Street, 1st Floor South, London, W1W 6XH, and the principal place of business address is 1 Knightsbridge Green, London, SW1X 7QA.
The principal activity of the company is that of development management services.
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.

 
2.2

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

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.

Page 3

 
XENIA MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments

£



Cost or valuation


At 1 January 2023
1,781,006


Additions
14



At 31 December 2023
1,781,020




Page 4

 
XENIA MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£

Due after more than one year

Other debtors
5,041,054
3,728,412

5,041,054
3,728,412


2023
2022
£
£

Due within one year

Other debtors
29,170
26,434

29,170
26,434



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
9,865
28,293

9,865
28,293



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
47,323

Corporation tax
10,145
-

Other taxation and social security
3,350
11,600

Other creditors
-
(2)

Accruals and deferred income
174,824
249,824

188,319
308,745


Page 5

 
XENIA MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other creditors
5,181,923
3,829,039

5,181,923
3,829,039


 
Page 6