Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-302024-08-30false2023-08-31No description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01799895 2023-08-31 2024-08-30 01799895 2022-08-31 2023-08-30 01799895 2024-08-30 01799895 2023-08-30 01799895 c:Director1 2023-08-31 2024-08-30 01799895 d:PlantMachinery 2023-08-31 2024-08-30 01799895 d:PlantMachinery 2024-08-30 01799895 d:PlantMachinery 2023-08-30 01799895 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-31 2024-08-30 01799895 d:CurrentFinancialInstruments 2024-08-30 01799895 d:CurrentFinancialInstruments 2023-08-30 01799895 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-30 01799895 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-30 01799895 d:ShareCapital 2024-08-30 01799895 d:ShareCapital 2023-08-30 01799895 d:RetainedEarningsAccumulatedLosses 2024-08-30 01799895 d:RetainedEarningsAccumulatedLosses 2023-08-30 01799895 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-08-30 01799895 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-08-30 01799895 c:FRS102 2023-08-31 2024-08-30 01799895 c:AuditExempt-NoAccountantsReport 2023-08-31 2024-08-30 01799895 c:FullAccounts 2023-08-31 2024-08-30 01799895 c:PrivateLimitedCompanyLtd 2023-08-31 2024-08-30 iso4217:GBP xbrli:pure

Registered number: 01799895









CHARNWOOD MANAGEMENT COMPANY (SALISBURY) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 AUGUST 2024

 
CHARNWOOD MANAGEMENT COMPANY (SALISBURY) LIMITED
REGISTERED NUMBER: 01799895

BALANCE SHEET
AS AT 30 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
160

  
-
160

Current assets
  

Debtors: amounts falling due within one year
 5 
1,807
-

Cash at bank and in hand
 6 
9,300
11,853

  
11,107
11,853

Creditors: amounts falling due within one year
 7 
(648)
(612)

Net current assets
  
 
 
10,459
 
 
11,241

Total assets less current liabilities
  
10,459
11,401

  

Net assets
  
10,459
11,401


Capital and reserves
  

Called up share capital 
  
9
9

Profit and loss account
  
10,450
11,392

  
10,459
11,401


Page 1

 
CHARNWOOD MANAGEMENT COMPANY (SALISBURY) LIMITED
REGISTERED NUMBER: 01799895
    
BALANCE SHEET (CONTINUED)
AS AT 30 AUGUST 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 on 23 January 2025.




................................................
J A McGoldrick
Director

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

Page 2

 
CHARNWOOD MANAGEMENT COMPANY (SALISBURY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024

1.


General information

Charnwood Management Company (Salisbury) Limited is a private company limited by shares, incorporated in England. The principal activity throughout the year was that of a residential management 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

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.

Page 3

 
CHARNWOOD MANAGEMENT COMPANY (SALISBURY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20% reducing balance

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.

 
2.4

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

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.

Page 4

 
CHARNWOOD MANAGEMENT COMPANY (SALISBURY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024

3.


Employees

The Company has no employees other than the Directors, who did not receive any remuneration (2023 - £NIL).


4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 31 August 2023
2,907



At 30 August 2024

2,907



Depreciation


At 31 August 2023
2,747


Charge for the year on owned assets
160



At 30 August 2024

2,907



Net book value



At 30 August 2024
-



At 30 August 2023
160


5.


Debtors

2024
2023
£
£


Trade debtors
10
-

Prepayments and accrued income
1,797
-

1,807
-


Page 5

 
CHARNWOOD MANAGEMENT COMPANY (SALISBURY) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
9,300
11,853

9,300
11,853



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
648
612

648
612



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
9,300
11,853




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


9.


Controlling party

There is no overall controlling party.

 
Page 6