Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31false2023-06-01falsetrueNo description of principal activity22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03168288 2023-06-01 2024-05-31 03168288 2022-06-01 2023-05-31 03168288 2024-05-31 03168288 2023-05-31 03168288 c:Director1 2023-06-01 2024-05-31 03168288 c:Director2 2023-06-01 2024-05-31 03168288 c:RegisteredOffice 2023-06-01 2024-05-31 03168288 d:FreeholdInvestmentProperty 2024-05-31 03168288 d:FreeholdInvestmentProperty 2023-05-31 03168288 d:CurrentFinancialInstruments 2024-05-31 03168288 d:CurrentFinancialInstruments 2023-05-31 03168288 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 03168288 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 03168288 d:ShareCapital 2024-05-31 03168288 d:ShareCapital 2023-05-31 03168288 d:RetainedEarningsAccumulatedLosses 2024-05-31 03168288 d:RetainedEarningsAccumulatedLosses 2023-05-31 03168288 d:OtherDeferredTax 2024-05-31 03168288 d:OtherDeferredTax 2023-05-31 03168288 c:FRS102 2023-06-01 2024-05-31 03168288 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03168288 c:FullAccounts 2023-06-01 2024-05-31 03168288 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03168288 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company registration number: 03168288







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


PAGEWOOD LIMITED






































img7e98.png                        

 


PAGEWOOD LIMITED
 


 
COMPANY INFORMATION


Directors
J M Hall 
S Roberts 




Registered number
03168288



Registered office
Magna House
18-32 London Road

Staines-Upon-Thames

Egham

TW18 4BP




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


PAGEWOOD LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


PAGEWOOD LIMITED
REGISTERED NUMBER:03168288



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
900,000
900,000

  
900,000
900,000

Current assets
  

Debtors: amounts falling due within one year
  
-
25,000

Cash at bank and in hand
  
48,821
11,962

  
48,821
36,962

Creditors: amounts falling due within one year
 6 
(35,803)
(23,520)

Net current assets
  
 
 
13,018
 
 
13,442

Total assets less current liabilities
  
913,018
913,442

Provisions for liabilities
  

Deferred tax
 7 
(129,492)
(98,415)

  
 
 
(129,492)
 
 
(98,415)

Net assets
  
783,526
815,027


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
783,426
814,927

  
783,526
815,027


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.

Page 1

 


PAGEWOOD LIMITED
REGISTERED NUMBER:03168288


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S Roberts
Director

Date: 27 January 2025

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

Page 2

 


PAGEWOOD LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Pagewood Limited is a private company limited by shares incorporated in England and Wales. The address of the
registered office is disclosed on the company information page of these financial statements. This company has no
principal place of business.
The company's functional and presentational currency is GBP. 

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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.

Page 3

 


PAGEWOOD LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 Statement of Financial Position 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.

 
2.4

Investment property

Investment property is carried at fair value determined by the 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 profit or loss.

 
2.5

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.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

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

Page 4

 


PAGEWOOD LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 June 2023
900,000



At 31 May 2024
900,000

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







5.


Debtors

2024
2023
£
£


Other debtors
-
25,000

-
25,000



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
8,133
8,350

Other creditors
25,000
12,500

Accruals and deferred income
2,670
2,670

35,803
23,520


Page 5

 


PAGEWOOD LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.


Deferred taxation




2024


£






At beginning of year
(98,415)


Charged to profit or loss
(31,077)



At end of year
(129,492)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Unrealised capital gains
(129,492)
(98,415)

(129,492)
(98,415)

 
Page 6