Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2true2023-05-01falseNo description of principal activity2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10694346 2023-05-01 2024-04-30 10694346 2022-05-01 2023-04-30 10694346 2024-04-30 10694346 2023-04-30 10694346 c:Director2 2023-05-01 2024-04-30 10694346 d:FreeholdInvestmentProperty 2024-04-30 10694346 d:FreeholdInvestmentProperty 2023-04-30 10694346 d:CurrentFinancialInstruments 2024-04-30 10694346 d:CurrentFinancialInstruments 2023-04-30 10694346 d:Non-currentFinancialInstruments 2024-04-30 10694346 d:Non-currentFinancialInstruments 2023-04-30 10694346 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10694346 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10694346 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 10694346 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 10694346 d:ShareCapital 2024-04-30 10694346 d:ShareCapital 2023-04-30 10694346 d:SharePremium 2024-04-30 10694346 d:SharePremium 2023-04-30 10694346 d:RetainedEarningsAccumulatedLosses 2024-04-30 10694346 d:RetainedEarningsAccumulatedLosses 2023-04-30 10694346 c:OrdinaryShareClass1 2023-05-01 2024-04-30 10694346 c:OrdinaryShareClass1 2024-04-30 10694346 c:OrdinaryShareClass1 2023-04-30 10694346 c:OrdinaryShareClass2 2023-05-01 2024-04-30 10694346 c:OrdinaryShareClass2 2024-04-30 10694346 c:OrdinaryShareClass2 2023-04-30 10694346 c:FRS102 2023-05-01 2024-04-30 10694346 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10694346 c:FullAccounts 2023-05-01 2024-04-30 10694346 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10694346 2 2023-05-01 2024-04-30 10694346 6 2023-05-01 2024-04-30 10694346 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10694346









HAMBLE ROSE PROPERTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
HAMBLE ROSE PROPERTY LIMITED
REGISTERED NUMBER: 10694346

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
650
650

Investment property
 5 
1,616,105
1,616,105

  
1,616,755
1,616,755

Current assets
  

Debtors: amounts falling due within one year
 6 
-
9,147

Cash at bank and in hand
 7 
257,086
218,950

  
257,086
228,097

Creditors: amounts falling due within one year
 8 
(93,849)
(62,614)

Net current assets
  
 
 
163,237
 
 
165,483

Total assets less current liabilities
  
1,779,992
1,782,238

Creditors: amounts falling due after more than one year
 9 
(639,250)
(688,645)

  

Net assets
  
1,140,742
1,093,593


Capital and reserves
  

Called up share capital 
 10 
25,102
25,102

Share premium account
  
1,017,229
1,017,229

Profit and loss account
  
98,411
51,262

  
1,140,742
1,093,593


Page 1

 
HAMBLE ROSE PROPERTY LIMITED
REGISTERED NUMBER: 10694346
    
BALANCE SHEET (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 profit and loss account 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 17 January 2025.




M Loddy
Director

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

Page 2

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

1.


General information

Hamble Rose Property Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 10694346. The address of the registered office is Old Station Road, Loughton, Essex, United Kingdom, IG10 4PL. 

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 represents rental income earned over the period to which it relates. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

 
2.5

Borrowing costs

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

 
2.6

Investment property

Investment property is carried at fair value determined annually 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.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 3

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

2.Accounting policies (continued)

 
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.

 
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

2024
£

Wages and salaries
12,400

12,400


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


4.


Fixed asset investments





Fixed asset investments

£



Cost or valuation


At 1 May 2023
650



At 30 April 2024
650




Page 4

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

5.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
1,616,105



At 30 April 2024
1,616,105

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







6.


Debtors

2024
2023
£
£


Other debtors
-
9,147

-
9,147



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
257,086
218,950

257,086
218,950



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
82,877
51,642

Accruals and deferred income
10,972
10,972

93,849
62,614




Page 5

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

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
639,250
688,645

639,250
688,645



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



102 (2023 - 102) Ordinary shares of £1.00 each
102.00
102.00
25,000 (2023 - 25,000) Redeemable Preference shares of £1.00 each
25,000.00
25,000.00

25,102.00

25,102.00





11.


Related party transactions

At the year end amounts of £80,726 were owed to key management personnel which is represented by the Loddy family (2023: £50,992). In addition, the amounts of £Nil (2023: £9,147) were owed to entities under common control.

 
Page 6