Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false22023-07-01No description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13868813 2023-07-01 2024-06-30 13868813 2022-01-24 2023-06-30 13868813 2024-06-30 13868813 2023-06-30 13868813 2022-01-24 13868813 c:Director1 2023-07-01 2024-06-30 13868813 d:FreeholdInvestmentProperty 2023-07-01 2024-06-30 13868813 d:FreeholdInvestmentProperty 2024-06-30 13868813 d:CurrentFinancialInstruments 2024-06-30 13868813 d:CurrentFinancialInstruments 2023-06-30 13868813 d:Non-currentFinancialInstruments 2024-06-30 13868813 d:Non-currentFinancialInstruments 2023-06-30 13868813 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13868813 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 13868813 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 13868813 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 13868813 d:ShareCapital 2024-06-30 13868813 d:ShareCapital 2023-06-30 13868813 d:ShareCapital 2022-01-24 13868813 d:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 13868813 d:RetainedEarningsAccumulatedLosses 2024-06-30 13868813 d:RetainedEarningsAccumulatedLosses 2022-01-24 2023-06-30 13868813 d:RetainedEarningsAccumulatedLosses 2023-06-30 13868813 d:RetainedEarningsAccumulatedLosses 2022-01-24 13868813 c:FRS102 2023-07-01 2024-06-30 13868813 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 13868813 c:FullAccounts 2023-07-01 2024-06-30 13868813 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 13868813 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 13868813









PLYMOUTH WAREHOUSE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
PLYMOUTH WAREHOUSE LIMITED
REGISTERED NUMBER: 13868813

BALANCE SHEET
AS AT 30 JUNE 2024

As restated
2024
2023
Note
£
£

Fixed assets
  

Investments
  
13,707,182
-

Current assets
  

Debtors
  
13,765
-

Current asset investments
  
-
462,990

Cash at bank and in hand
  
155,870
3,094,958

  
169,635
3,557,948

Creditors: amounts falling due within one year
 8 
(131,560)
(15,340)

Net current assets
  
 
 
38,075
 
 
3,542,608

Total assets less current liabilities
  
13,745,257
3,542,608

Creditors: amounts falling due after more than one year
  
(10,000,000)
-

Net assets
  
3,745,257
3,542,608


Capital and reserves
  

Called up share capital 
  
3,500,000
3,500,000

Profit and loss account
  
245,257
42,608

  
3,745,257
3,542,608


Page 1

 
PLYMOUTH WAREHOUSE LIMITED
REGISTERED NUMBER: 13868813
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 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: 




J M Patel
Director

Date: 24 February 2025

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
PLYMOUTH WAREHOUSE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2022
3,500,000
-
3,500,000



Profit for the period
-
42,608
42,608



At 1 July 2023
3,500,000
42,608
3,542,608



Profit for the year
-
202,649
202,649


At 30 June 2024
3,500,000
245,257
3,745,257


The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
PLYMOUTH WAREHOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The Company is a private limited company incorporated and domiciled in the United Kingdom. The address of its registered office is 45 Rowdell Road, Northolt, England, UB5 6AG.
The financial statements are presented in Pound Sterling (£) and rounded to the nearest £1.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

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.

 
2.4

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.

 
2.5

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.

Page 4

 
PLYMOUTH WAREHOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees

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


        30 June
     17 months to
         30 June
        2024
        2023
            No.
            No.







Directors
2
1


4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
13,707,182



At 30 June 2024
13,707,182

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



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
13,707,182
-

Accumulated depreciation and impairments
(68,536)
-

13,638,646
-


5.


Debtors

2024
2023
£
£


Other debtors
13,765
-

13,765
-


Page 5

 
PLYMOUTH WAREHOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Current asset investments

2024
2023
£
£

Unlisted investments
-
462,990

-
462,990



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
155,870
3,094,958

155,870
3,094,958



8.


Creditors: Amounts falling due within one year

As restated
2024
2023
£
£

Corporation tax
68,841
10,990

Other creditors
60,719
100

Accruals and deferred income
2,000
4,250

131,560
15,340



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to other participating interests
10,000,000
-

10,000,000
-



10.


Prior year adjustment

The comparative figures have been restated in respect of £10,990 of Corproation tax liability, that has been charged to the Profit and Loss account.

 
Page 6