Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseOther letting and operating of own or leased real estate22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13832811 2023-05-01 2024-04-30 13832811 2022-01-06 2023-04-30 13832811 2024-04-30 13832811 2023-04-30 13832811 c:Director2 2023-05-01 2024-04-30 13832811 d:FurnitureFittings 2023-05-01 2024-04-30 13832811 d:FurnitureFittings 2024-04-30 13832811 d:FurnitureFittings 2023-04-30 13832811 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13832811 d:FreeholdInvestmentProperty 2024-04-30 13832811 d:FreeholdInvestmentProperty 2023-04-30 13832811 d:CurrentFinancialInstruments 2024-04-30 13832811 d:CurrentFinancialInstruments 2023-04-30 13832811 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13832811 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13832811 d:ShareCapital 2024-04-30 13832811 d:ShareCapital 2023-04-30 13832811 d:RetainedEarningsAccumulatedLosses 2024-04-30 13832811 d:RetainedEarningsAccumulatedLosses 2023-04-30 13832811 c:OrdinaryShareClass1 2023-05-01 2024-04-30 13832811 c:OrdinaryShareClass1 2024-04-30 13832811 c:OrdinaryShareClass1 2023-04-30 13832811 c:FRS102 2023-05-01 2024-04-30 13832811 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13832811 c:FullAccounts 2023-05-01 2024-04-30 13832811 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13832811 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13832811










BARONSMEAD HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
BARONSMEAD HOLDINGS LIMITED
REGISTERED NUMBER: 13832811

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,896
1,273

Investment property
 5 
988,896
988,896

  
991,792
990,169

Current assets
  

Debtors: amounts falling due within one year
 6 
2,001
1,962

Cash at bank and in hand
  
1,831
14,944

  
3,832
16,906

Creditors: amounts falling due within one year
 7 
(987,607)
(997,535)

Net current liabilities
  
 
 
(983,775)
 
 
(980,629)

Total assets less current liabilities
  
8,017
9,540

  

Net assets
  
8,017
9,540


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
7,917
9,440

  
8,017
9,540


Page 1

 
BARONSMEAD HOLDINGS LIMITED
REGISTERED NUMBER: 13832811

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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 by: 



T D Boddy
Director
Date: 28 January 2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
BARONSMEAD HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Baronsmead Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 13832811 and the registered office address is 2 Baronsmead Road, London, SW13 9RR.

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 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 of rents received or receivable during the period, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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.


 
2.4

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
15%

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.

Page 3

 
BARONSMEAD HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by teh 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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors due with the operating cycle fall into this category of financial instruments.


3.


Employees




The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
2

Page 4

 
BARONSMEAD HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 May 2023
1,395


Additions
1,832



At 30 April 2024

3,227



Depreciation


At 1 May 2023
122


Charge for the year on owned assets
209



At 30 April 2024

331



Net book value



At 30 April 2024
2,896



At 30 April 2023
1,273


5.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
988,896



At 30 April 2024
988,896

In the opinion of the directors the market value of investment property at the period end was considered similar to its orignal purchase price. On this basis it did not warrant revaluation in the accounts.




6.


Debtors

2024
2023
£
£


Prepayments and accrued income
2,001
1,962

2,001
1,962

Page 5

 
BARONSMEAD HOLDINGS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.Debtors (continued)



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
2,626
1,915

Other creditors
982,681
991,900

Accruals and deferred income
2,300
3,720

987,607
997,535



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



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



9.


Related party transactions

At the balance sheet date the company was due to pay its directors £982,681 (2023: £991,900). The loan is interest free with no set repayment date.

Page 6