Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3122023-04-01falseNo description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00325356 2023-04-01 2024-03-31 00325356 2024-03-31 00325356 2022-04-01 2023-03-31 00325356 2023-03-31 00325356 c:Director3 2023-04-01 2024-03-31 00325356 d:FreeholdInvestmentProperty 2024-03-31 00325356 d:FreeholdInvestmentProperty 2023-03-31 00325356 d:CurrentFinancialInstruments 2024-03-31 00325356 d:CurrentFinancialInstruments 2023-03-31 00325356 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00325356 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 00325356 d:ShareCapital 2024-03-31 00325356 d:ShareCapital 2023-03-31 00325356 d:InvestmentPropertiesRevaluationReserve 2024-03-31 00325356 d:InvestmentPropertiesRevaluationReserve 2023-03-31 00325356 d:RetainedEarningsAccumulatedLosses 2024-03-31 00325356 d:RetainedEarningsAccumulatedLosses 2023-03-31 00325356 d:OtherDeferredTax 2024-03-31 00325356 d:OtherDeferredTax 2023-03-31 00325356 c:FRS102 2023-04-01 2024-03-31 00325356 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 00325356 c:FullAccounts 2023-04-01 2024-03-31 00325356 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 00325356 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 00325356


OLIVER BURRIDGE & COMPANY LIMITED








UNAUDITED

PAGES FOR FILING WITH REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
OLIVER BURRIDGE & COMPANY LIMITED
REGISTERED NUMBER: 00325356

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
775,000
775,000

  
775,000
775,000

Current assets
  

Debtors: amounts falling due within one year
 5 
37,098
37,099

Cash at bank and in hand
 6 
24,871
5,122

  
61,969
42,221

Creditors: amounts falling due within one year
 7 
(59,220)
(50,323)

Net current assets/(liabilities)
  
 
 
2,749
 
 
(8,102)

Total assets less current liabilities
  
777,749
766,898

Provisions for liabilities
  

Deferred tax
 8 
(65,255)
(65,255)

  
 
 
(65,255)
 
 
(65,255)

Net assets
  
712,494
701,643


Capital and reserves
  

Called up share capital 
  
23,836
23,836

Investment property reserve
  
481,210
321,465

Profit and loss account
  
207,448
356,342

  
712,494
701,643


Page 1

 
OLIVER BURRIDGE & COMPANY LIMITED
REGISTERED NUMBER: 00325356
    
BALANCE SHEET (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 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: 




................................................
E N Burridge
Director

Date: 18 December 2024

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

Page 2

 
OLIVER BURRIDGE & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Oliver  Burridge  &  Co  is  a  limited  company,  domiciled  in  England  and  Wales,  registration  number 00325356. The registered office is Vincent Square, London SW1P 2PN.
The principal activity of the company is rental of commercial property.

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

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.3

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.

Page 3

 
OLIVER BURRIDGE & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.8

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.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Average number of employees
2
2

Page 4

 
OLIVER BURRIDGE & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
775,000



At 31 March 2024
775,000

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





5.


Debtors

2024
2023
£
£


Trade debtors
15,832
15,833

Amounts owed by group undertakings
350
350

Other debtors
20,916
20,916

37,098
37,099



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
24,871
5,122

24,871
5,122


Page 5

 
OLIVER BURRIDGE & COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
18,280
17,299

Other creditors
14,840
14,841

Accruals and deferred income
26,100
18,183

59,220
50,323



8.


Deferred taxation




2024


£






At beginning of year
(65,255)



At end of year
(65,255)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Revaluation gain
(65,255)
(65,255)

(65,255)
(65,255)


9.


Related party transactions

At the balance sheet date the company was owed £20,916 (2023: £20,916) from Burridges of Arlington
St Limited.
At the balance sheet date the company owed £14,480 (2023: £14,840) to Fetchgold Limited.

 
Page 6