Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30No description of principal activity2023-05-01false22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11959958 2023-05-01 2024-04-30 11959958 2022-05-01 2023-04-30 11959958 2024-04-30 11959958 2023-04-30 11959958 c:Director2 2023-05-01 2024-04-30 11959958 d:FreeholdInvestmentProperty 2024-04-30 11959958 d:FreeholdInvestmentProperty 2023-04-30 11959958 d:CurrentFinancialInstruments 2024-04-30 11959958 d:CurrentFinancialInstruments 2023-04-30 11959958 d:Non-currentFinancialInstruments 2024-04-30 11959958 d:Non-currentFinancialInstruments 2023-04-30 11959958 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 11959958 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 11959958 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 11959958 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 11959958 d:ShareCapital 2024-04-30 11959958 d:ShareCapital 2023-04-30 11959958 d:RetainedEarningsAccumulatedLosses 2024-04-30 11959958 d:RetainedEarningsAccumulatedLosses 2023-04-30 11959958 c:FRS102 2023-05-01 2024-04-30 11959958 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11959958 c:FullAccounts 2023-05-01 2024-04-30 11959958 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11959958 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company registration number: 11959958







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024


FACADE CONSULT LTD






































img21c6.png                        

 


FACADE CONSULT LTD
REGISTERED NUMBER:11959958



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
4,594,167
4,594,167

  
4,594,167
4,594,167

Current assets
  

Debtors: amounts falling due within one year
 5 
58,095
3,770

Cash at bank and in hand
  
73,762
2,724

  
131,857
6,494

Creditors: amounts falling due within one year
 6 
(748,573)
(661,466)

Net current liabilities
  
 
 
(616,716)
 
 
(654,972)

Total assets less current liabilities
  
3,977,451
3,939,195

Creditors: amounts falling due after more than one year
 7 
(2,389,546)
(2,487,863)

  

Net assets
  
1,587,905
1,451,332


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,587,805
1,451,232

  
1,587,905
1,451,332


Page 1

 


FACADE CONSULT LTD
REGISTERED NUMBER:11959958


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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: 




................................................
T J Lovell
Director

Date: 23 January 2025

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

Page 2

 


FACADE CONSULT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Facade Consult Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.
The presentational currency of the financial statements is the Pound Sterling (£).

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:

Revenue represents the total value of rents receivables from the letting of investment properties throughout the course of the year. Revenue is recognised as rents become due for payment to the company.

 
2.3

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting 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 reporting date.

Page 3

 


FACADE CONSULT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

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


4.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
4,594,167



At 30 April 2024
4,594,167

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





5.


Debtors

2024
2023
£
£


Trade debtors
-
1,000

Other debtors
1,176
100

Prepayments and accrued income
56,919
2,670

58,095
3,770


Page 4

 


FACADE CONSULT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
122,721
147,124

Amounts owed to connected undertakings
528,740
485,840

Corporation tax
-
26,566

Other taxation and social security
-
436

Other creditors
8,160
-

Accruals and deferred income
88,952
1,500

748,573
661,466


The following liabilities were secured:

2024
2023
£
£



Bank loans
122,721
147,124

122,721
147,124

Details of security provided:

Bank loans are secured against the investment property of the company.

Page 5

 


FACADE CONSULT LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
2,389,546
2,487,863

2,389,546
2,487,863


The following liabilities were secured:

2024
2023
£
£



Bank loans
2,389,546
2,487,863

2,389,546
2,487,863

Details of security provided:

Bank loans are secured against the investment property of the company.

The aggregate amount of liabilities repayable wholly or in part more than five years after the reporting date is:

2024
2023
£
£


Repayable by instalments
1,898,665
1,899,368

1,898,665
1,899,368




8.


Related party transactions

During the year, the company received rent income of £176,068 (2023: £286,300) from a company under common control.
At the reporting date, the company owed £528,740 (2023: £485,840) to a company under common control. This balance is included in creditors amounts falling due within one year and is free of interest.

 
Page 6