Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-301false2023-05-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04229660 2023-05-01 2024-04-30 04229660 2022-05-01 2023-04-30 04229660 2024-04-30 04229660 2023-04-30 04229660 c:Director2 2023-05-01 2024-04-30 04229660 d:MotorVehicles 2023-05-01 2024-04-30 04229660 d:MotorVehicles 2024-04-30 04229660 d:MotorVehicles 2023-04-30 04229660 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04229660 d:FurnitureFittings 2023-05-01 2024-04-30 04229660 d:FurnitureFittings 2024-04-30 04229660 d:FurnitureFittings 2023-04-30 04229660 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04229660 d:ComputerEquipment 2023-05-01 2024-04-30 04229660 d:ComputerEquipment 2024-04-30 04229660 d:ComputerEquipment 2023-04-30 04229660 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04229660 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04229660 d:FreeholdInvestmentProperty 2024-04-30 04229660 d:FreeholdInvestmentProperty 2023-04-30 04229660 d:CurrentFinancialInstruments 2024-04-30 04229660 d:CurrentFinancialInstruments 2023-04-30 04229660 d:Non-currentFinancialInstruments 2024-04-30 04229660 d:Non-currentFinancialInstruments 2023-04-30 04229660 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 04229660 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 04229660 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 04229660 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 04229660 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 04229660 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 04229660 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 04229660 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 04229660 d:ShareCapital 2024-04-30 04229660 d:ShareCapital 2023-04-30 04229660 d:RetainedEarningsAccumulatedLosses 2024-04-30 04229660 d:RetainedEarningsAccumulatedLosses 2023-04-30 04229660 c:FRS102 2023-05-01 2024-04-30 04229660 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04229660 c:FullAccounts 2023-05-01 2024-04-30 04229660 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04229660 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 04229660 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 04229660 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 04229660 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 04229660 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 04229660









4 SITE DESIGN LTD.







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
4 SITE DESIGN LTD.
REGISTERED NUMBER: 04229660

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
21,300
3,269

Investment property
 5 
1,666,490
1,666,490

  
1,687,790
1,669,759

Current assets
  

Debtors: amounts falling due within one year
 6 
1,285
13,335

Cash at bank and in hand
 7 
16,471
71,274

  
17,756
84,609

Creditors: amounts falling due within one year
 8 
(702,098)
(688,512)

Net current liabilities
  
 
 
(684,342)
 
 
(603,903)

Total assets less current liabilities
  
1,003,448
1,065,856

Creditors: amounts falling due after more than one year
 9 
(867,323)
(938,870)

  

Net assets
  
136,125
126,986


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
135,125
125,986

  
136,125
126,986


Page 1

 
4 SITE DESIGN LTD.
REGISTERED NUMBER: 04229660
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The director considers 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 director acknowledges his 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: 




................................................
Mrs S  Nour
Director

Date: 29 January 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
4 SITE DESIGN LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

4Site Design Ltd is a private company limited by shares. The company is incorporated in England and Wales and its registration number is 04229660. The registered address is 126 Dunstable Road, Dunstable, Bedfordshire, LU6 2QL.

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

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.

 
2.4

Borrowing costs

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

Page 3

 
4 SITE DESIGN LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

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 balance sheet date in the countries where the Company operates and generates income.

 
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.


Motor vehicles
-

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

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.

 
2.8

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.

 
2.9

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.

Page 4

 
4 SITE DESIGN LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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 1 (2023 - 1).


4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
-
7,365
2,342
9,707


Additions
23,177
-
437
23,614



At 30 April 2024

23,177
7,365
2,779
33,321



Depreciation


At 1 May 2023
-
5,247
1,191
6,438


Charge for the year on owned assets
4,635
424
524
5,583



At 30 April 2024

4,635
5,671
1,715
12,021



Net book value



At 30 April 2024
18,542
1,694
1,064
21,300



At 30 April 2023
-
2,118
1,151
3,269

Page 5

 
4 SITE DESIGN LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
1,666,490



At 30 April 2024
1,666,490

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







6.


Debtors

2024
2023
£
£


Other debtors
-
12,627

Prepayments and accrued income
1,285
708

1,285
13,335



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
16,471
71,274

16,471
71,274


Page 6

 
4 SITE DESIGN LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
23,068
61,609

Corporation tax
3,779
18,819

Other taxation and social security
1,348
-

Obligations under finance lease and hire purchase contracts
2,503
-

Other creditors
649,550
594,234

Accruals and deferred income
21,850
13,850

702,098
688,512



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
829,350
907,300

Bounce back loan
21,600
31,570

Net obligations under finance leases and hire purchase contracts
16,373
-

867,323
938,870


The following liabilities were secured:

2024
2023
£
£



Bank loans
829,350
907,300

829,350
907,300

Details of security provided:

The above loan is secured against the investment property.

Page 7

 
4 SITE DESIGN LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due 2-5 years

Bank loans
829,350
907,300


829,350
907,300

Amounts falling due after more than 5 years

Bounce back loan
21,600
31,570

21,600
31,570

850,950
938,870



11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
2,502
-

Between 1-5 years
16,373
-

18,875
-


12.Transactions with directors

Included in creditors due within one year is an amount of £467,319 (2023: £457,002) due to the director of the company. This loan is unsecured, interest free and repayable on demand.


13.


Controlling party

The ultimate controlling party is Mrs S Nour.

 
Page 8