Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2Renting and operating of Housing Association real estate2023-05-012truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09047894 2023-05-01 2024-04-30 09047894 2022-05-01 2023-04-30 09047894 2024-04-30 09047894 2023-04-30 09047894 c:Director1 2023-05-01 2024-04-30 09047894 d:FreeholdInvestmentProperty 2024-04-30 09047894 d:FreeholdInvestmentProperty 2023-04-30 09047894 d:CurrentFinancialInstruments 2024-04-30 09047894 d:CurrentFinancialInstruments 2023-04-30 09047894 d:Non-currentFinancialInstruments 2024-04-30 09047894 d:Non-currentFinancialInstruments 2023-04-30 09047894 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 09047894 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09047894 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 09047894 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 09047894 d:ShareCapital 2024-04-30 09047894 d:ShareCapital 2023-04-30 09047894 d:RetainedEarningsAccumulatedLosses 2024-04-30 09047894 d:RetainedEarningsAccumulatedLosses 2023-04-30 09047894 c:OrdinaryShareClass1 2023-05-01 2024-04-30 09047894 c:OrdinaryShareClass1 2024-04-30 09047894 c:OrdinaryShareClass1 2023-04-30 09047894 c:OrdinaryShareClass2 2023-05-01 2024-04-30 09047894 c:OrdinaryShareClass2 2024-04-30 09047894 c:OrdinaryShareClass2 2023-04-30 09047894 c:FRS102 2023-05-01 2024-04-30 09047894 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09047894 c:FullAccounts 2023-05-01 2024-04-30 09047894 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09047894 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09047894









UVISON PROPERTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
UVISON PROPERTY LIMITED
REGISTERED NUMBER: 09047894

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
453,768
453,768

  
453,768
453,768

Current assets
  

Debtors: amounts falling due within one year
 5 
200
200

Cash at bank and in hand
 6 
35,895
36,136

  
36,095
36,336

Creditors: amounts falling due within one year
  
-
-

Net current assets
  
 
 
36,095
 
 
36,336

Total assets less current liabilities
  
489,863
490,104

Creditors: amounts falling due after more than one year
 7 
(562,205)
(560,029)

  

Net liabilities
  
(72,342)
(69,925)


Capital and reserves
  

Called up share capital 
 8 
200
200

Profit and loss account
  
(72,542)
(70,125)

  
(72,342)
(69,925)


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 on 21 January 2025.

Page 1

 
UVISON PROPERTY LIMITED
REGISTERED NUMBER: 09047894
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024




D Driscoll Esq
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
UVISON PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Uvison Property Limited is a private company limited by shares, incorporated in England and Wales. The registered office is Unit 6 Nepicar Park, London Road, Wrotham, Kent, TN15 7RR. The principal activity of the company is that of property investment.

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

Going concern

The company receives support from fellow subsidiary companies. Based on this the directors believe that the company is able to trade for the foreseeable future and therefore it is appropriate to continue to adopt the going concern basis of accounting.

 
2.3

Investment property

Investment property is carried at fair value determined annually by directors 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 the Statement of comprehensive income.

 
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

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.

Page 3

 
UVISON PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


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
453,768



At 30 April 2024
453,768

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




Page 4

 
UVISON PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
200
200

200
200



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
35,895
36,136

35,895
36,136



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
562,205
560,029

562,205
560,029



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) A Ordinary shares of £1.00 each
100
100
100 (2023 - 100) B Ordinary shares of £1.00 each
100
100

200

200



9.


Ultimate parent undertaking

The ultimate parent company is Uvison Group Limited, a company incorporated in England and Wales.

 
Page 5