Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity22truetrue 13195710 2023-05-01 2024-04-30 13195710 2022-05-01 2023-04-30 13195710 2024-04-30 13195710 2023-04-30 13195710 c:Director1 2023-05-01 2024-04-30 13195710 c:Director2 2023-05-01 2024-04-30 13195710 c:RegisteredOffice 2023-05-01 2024-04-30 13195710 d:FurnitureFittings 2023-05-01 2024-04-30 13195710 d:FurnitureFittings 2024-04-30 13195710 d:FurnitureFittings 2023-04-30 13195710 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 13195710 d:FreeholdInvestmentProperty 2023-05-01 2024-04-30 13195710 d:FreeholdInvestmentProperty 2024-04-30 13195710 d:FreeholdInvestmentProperty 2023-04-30 13195710 d:CurrentFinancialInstruments 2024-04-30 13195710 d:CurrentFinancialInstruments 2023-04-30 13195710 d:Non-currentFinancialInstruments 2024-04-30 13195710 d:Non-currentFinancialInstruments 2023-04-30 13195710 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 13195710 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 13195710 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 13195710 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 13195710 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 13195710 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 13195710 d:ShareCapital 2024-04-30 13195710 d:ShareCapital 2023-04-30 13195710 d:RetainedEarningsAccumulatedLosses 2024-04-30 13195710 d:RetainedEarningsAccumulatedLosses 2023-04-30 13195710 c:FRS102 2023-05-01 2024-04-30 13195710 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13195710 c:FullAccounts 2023-05-01 2024-04-30 13195710 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13195710 2 2023-05-01 2024-04-30 13195710 6 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company registration number: 13195710







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024


FISH SOUP PROPERTY LIMITED






































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FISH SOUP PROPERTY LIMITED
 


 
COMPANY INFORMATION


Directors
R E Mateu 
J H Upton-Hansen 




Registered number
13195710



Registered office
3 Murphy Street
Waterloo

London

SE1 7FP




Accountants
Menzies LLP
Chartered Accountants

Lynton House

7-12 Tavistock Square

London

WC1H 9LT





 


FISH SOUP PROPERTY LIMITED
REGISTERED NUMBER:13195710



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
50,210
55,789

Investments
 5 
60,054
49,942

Investment property
 6 
3,818,450
3,806,589

  
3,928,714
3,912,320

Current assets
  

Debtors: amounts falling due within one year
 7 
69,594
52,799

Cash at bank and in hand
  
714
17,741

  
70,308
70,540

Creditors: amounts falling due within one year
 8 
(2,369,793)
(2,280,595)

Net current liabilities
  
 
 
(2,299,485)
 
 
(2,210,055)

Total assets less current liabilities
  
1,629,229
1,702,265

Creditors: amounts falling due after more than one year
 9 
(1,771,770)
(1,830,180)

  

Net liabilities
  
(142,541)
(127,915)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(142,641)
(128,015)

  
(142,541)
(127,915)


Page 1

 


FISH SOUP PROPERTY LIMITED
REGISTERED NUMBER:13195710


    
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 on 28 January 2025.


J H Upton-Hansen
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


FISH SOUP PROPERTY LIMITED
 


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

1.


General information

Fish Soup Property Limited is a private company limited by shares, registered in England and Wales, company
registration number 13195710. The registered office and trading address is stated on the company information page.

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.

 
2.2

Going concern

As at the balance sheet date the company had net liabilities of £142,541 (2023: £127,915). The company has the financial support from a company under common control to be able to meet the liabilities as they fall due. The directors have therefore considered it to be appropriate to prepare financial statements on a going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Revenue

Turnover represents rents receivable.  Revenue is recognised in the period to which it relates in accordance with underlying lease agreements. 

 
2.5

Interest income

Interest income is recognised in profit or loss 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

Borrowing costs

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

Page 3

 


FISH SOUP PROPERTY LIMITED
 


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

2.Accounting policies (continued)

 
2.8

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
-
10%
Reducing balance

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.

 
2.9

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.

 
2.10

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.11

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

 


FISH SOUP PROPERTY 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
63,988



At 30 April 2024

63,988



Depreciation


At 1 May 2023
8,199


Charge for the year on owned assets
5,579



At 30 April 2024

13,778



Net book value



At 30 April 2024
50,210



At 30 April 2023
55,789


5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 May 2023
49,942


Fair value movement 
10,112



At 30 April 2024
60,054




Page 5

 


FISH SOUP PROPERTY LIMITED
 


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

6.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
3,806,589


Additions at cost
11,861



At 30 April 2024
3,818,450

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





7.


Debtors

2024
2023
£
£


Other debtors
20
20

Prepayments and accrued income
69,574
52,779

69,594
52,799



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
99

Bank loans
58,410
58,410

Other loans
2,159,788
2,030,661

Trade creditors
87,178
79,018

Other taxation and social security
22,127
22,298

Other creditors
1,192
53,596

Accruals and deferred income
41,098
36,513

2,369,793
2,280,595


Page 6

 


FISH SOUP 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
1,771,770
1,830,180

1,771,770
1,830,180


The following liabilities were secured:

2024
2023
£
£



Bank loan
1,830,180
1,888,590

Other loan
2,161,920
2,032,793

3,992,100
3,921,383

Details of security provided:

The bank loan is secured by a fixed and floating charge over the assets of the company or undertaking of the company and personal guarantee from the directors. Other loans are secured by a fixed and floating charge over the assets.


10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
58,410
58,410

Other loans
2,159,788
2,030,661


2,218,198
2,089,071


Amounts falling due 2-5 years

Bank loans
1,771,770
1,830,180


1,771,770
1,830,180


3,989,968
3,919,251



11.


Related party transactions

As at 30 April 2024, the company owed £2,161,920 (2023: £2,032,793) to Upton-Hansen Architects Limited, a company under common control. The loan attracts interest and is repayable within 30 days of request.

Page 7

 


FISH SOUP PROPERTY LIMITED
 


 
 Page 8