Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-242024-04-242true2023-04-25falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09555052 2023-04-25 2024-04-24 09555052 2022-04-25 2023-04-24 09555052 2024-04-24 09555052 2023-04-24 09555052 2022-04-25 09555052 c:Director2 2023-04-25 2024-04-24 09555052 d:ComputerEquipment 2023-04-25 2024-04-24 09555052 d:ComputerEquipment 2024-04-24 09555052 d:ComputerEquipment 2023-04-24 09555052 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-25 2024-04-24 09555052 d:CurrentFinancialInstruments 2024-04-24 09555052 d:CurrentFinancialInstruments 2023-04-24 09555052 d:Non-currentFinancialInstruments 2024-04-24 09555052 d:Non-currentFinancialInstruments 2023-04-24 09555052 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-24 09555052 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-24 09555052 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-24 09555052 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-24 09555052 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-24 09555052 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-24 09555052 d:ShareCapital 2023-04-25 2024-04-24 09555052 d:ShareCapital 2024-04-24 09555052 d:ShareCapital 2022-04-25 2023-04-24 09555052 d:ShareCapital 2023-04-24 09555052 d:ShareCapital 2022-04-25 09555052 d:RetainedEarningsAccumulatedLosses 2023-04-25 2024-04-24 09555052 d:RetainedEarningsAccumulatedLosses 2024-04-24 09555052 d:RetainedEarningsAccumulatedLosses 2022-04-25 2023-04-24 09555052 d:RetainedEarningsAccumulatedLosses 2023-04-24 09555052 d:RetainedEarningsAccumulatedLosses 2022-04-25 09555052 c:FRS102 2023-04-25 2024-04-24 09555052 c:AuditExempt-NoAccountantsReport 2023-04-25 2024-04-24 09555052 c:FullAccounts 2023-04-25 2024-04-24 09555052 c:PrivateLimitedCompanyLtd 2023-04-25 2024-04-24 09555052 2 2023-04-25 2024-04-24 09555052 e:PoundSterling 2023-04-25 2024-04-24 iso4217:GBP xbrli:pure

Registered number: 09555052









LINEA NW3 LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 APRIL 2024

 
LINEA NW3 LTD
REGISTERED NUMBER: 09555052

BALANCE SHEET
AS AT 24 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,668
2,717

  
2,668
2,717

Current assets
  

Debtors: amounts falling due within one year
 5 
384,615
381,925

Cash at bank and in hand
 6 
8,596
8,879

  
393,211
390,804

Creditors: amounts falling due within one year
 7 
(435,632)
(462,959)

Net current liabilities
  
 
 
(42,421)
 
 
(72,155)

Total assets less current liabilities
  
(39,753)
(69,438)

Creditors: amounts falling due after more than one year
 8 
(36,877)
(42,681)

  

Net liabilities
  
(76,630)
(112,119)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(76,730)
(112,219)

  
(76,630)
(112,119)


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: 


Page 1

 
LINEA NW3 LTD
REGISTERED NUMBER: 09555052
    
BALANCE SHEET (CONTINUED)
AS AT 24 APRIL 2024



................................................
Antony David Stark
Director

Date: 23 January 2025

The notes on pages 4 to 8 form part of these financial statements.

Page 2

 

 
LINEA NW3 LTD


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 24 APRIL 2024



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 April 2022
100
(112,219)
(112,119)



Other comprehensive income for the year
-
-
-





At 25 April 2023
100
(112,219)
(112,119)



Comprehensive income for the year


Profit for the year
-
35,489
35,489

Total comprehensive income for the year
-
35,489
35,489



At 24 April 2024
100
(76,730)
(76,630)



The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
LINEA NW3 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 APRIL 2024

1.


General information

Linea NW3 Ltd is a private company limited by shares incorporated in England and Wales. The  registered office and number as per below:
Registered Number : 09555052
Registered office : The Courtyard, 14a Sydenham Road, Croydon, London, CR20 2EE.

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

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.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
LINEA NW3 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 APRIL 2024

2.Accounting policies (continued)

 
2.6

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:

Computer equipment
-
25%

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.

 
2.7

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.


3.


Employees

2024
2023
£
£

Wages and salaries
53,018
100,533

53,018
100,533


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

Page 5

 
LINEA NW3 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 APRIL 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 25 April 2023
5,255


Additions
1,060



At 24 April 2024

6,315



Depreciation


At 25 April 2023
2,537


Charge for the year on owned assets
1,110



At 24 April 2024

3,647



Net book value



At 24 April 2024
2,668



At 24 April 2023
2,717


5.


Debtors

2024
2023
£
£


Trade debtors
381,352
379,187

Amounts owed by group undertakings
1,267
1,267

Other debtors
1,996
1,471

384,615
381,925


Page 6

 
LINEA NW3 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 APRIL 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
8,596
8,879

Less: bank overdrafts
(2,397)
(3,191)

6,199
5,688



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
2,397
3,191

Trade creditors
28,153
16,853

Amounts owed to group undertakings
388,028
415,954

Other taxation and social security
15,598
20,290

Other creditors
206
5,421

Accruals and deferred income
1,250
1,250

435,632
462,959



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
36,877
42,681

36,877
42,681


Page 7

 
LINEA NW3 LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 APRIL 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£


Amounts falling due 1-2 years

Bank loans
36,877
42,681


36,877
42,681



36,877
42,681



10.


Related party transactions

ncluded in amounts owed to group undertakings is an amount of £NIL (2023 : £70,925 ) due to Linea Property Ltd.
Included in amounts owed to group undertakings is an amount of £318,386 (2023: £345,029 ) due to Linea Homes Ltd.
Included in amounts owed by group undertakings is an amount of £1,267 (2023 : £1,267 ) due by Stark Partners LLP.

 
Page 8