Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01truefalsetrue2No description of principal activity2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09450360 2023-05-01 2024-04-30 09450360 2022-05-01 2023-04-30 09450360 2024-04-30 09450360 2023-04-30 09450360 c:Director1 2023-05-01 2024-04-30 09450360 d:CurrentFinancialInstruments 2024-04-30 09450360 d:CurrentFinancialInstruments 2023-04-30 09450360 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 09450360 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09450360 d:ShareCapital 2024-04-30 09450360 d:ShareCapital 2023-04-30 09450360 d:RetainedEarningsAccumulatedLosses 2024-04-30 09450360 d:RetainedEarningsAccumulatedLosses 2023-04-30 09450360 c:FRS102 2023-05-01 2024-04-30 09450360 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09450360 c:FullAccounts 2023-05-01 2024-04-30 09450360 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09450360 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 09450360










BOURNE HOMES (FARNHAM) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
BOURNE HOMES (FARNHAM) LIMITED
REGISTERED NUMBER: 09450360

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,141,619
1,226,500

Cash at bank and in hand
  
5,781
6,966

  
1,147,400
1,233,466

Creditors: amounts falling due within one year
 5 
(97,862)
(6,522)

Total assets less current liabilities
  
 
 
1,049,538
 
 
1,226,944

  

Net assets
  
1,049,538
1,226,944


Capital and reserves
  

Called up share capital 
  
100
1

Profit and loss account
  
1,049,438
1,226,943

  
1,049,538
1,226,944


Page 1

 
BOURNE HOMES (FARNHAM) LIMITED
REGISTERED NUMBER: 09450360
    
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: 






A J Kamm
Director

Date: 22 January 2025

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

Page 2

 
BOURNE HOMES (FARNHAM) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The company, which was incorporated and registered in England and Wales (registered number 09450360), is a privately owned company limited by shares. The registered office address is Langborough House, Beales Lane, Wrecclesham, Farnham, Surrey, GU10 4PY. 

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

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.

 
2.3

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.

 
2.4

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.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing
Page 3

 
BOURNE HOMES (FARNHAM) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.4
Financial instruments (continued)

transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.5

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.

 
2.6

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.

 
2.7

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 directors, during the year was 2 (2023 - 2).

Page 4

 
BOURNE HOMES (FARNHAM) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Debtors

2024
2023
£
£


Other debtors
1,141,619
1,226,500



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,324
-

Amounts owed to other participating interests
8,000
-

Other creditors
86,753
4,352

Accruals and deferred income
1,785
2,170

97,862
6,522


 
Page 5