Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31false22022-11-012No description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10375654 2022-11-01 2023-10-31 10375654 2021-11-01 2022-10-31 10375654 2023-10-31 10375654 2022-10-31 10375654 c:Director2 2022-11-01 2023-10-31 10375654 d:CurrentFinancialInstruments 2023-10-31 10375654 d:CurrentFinancialInstruments 2022-10-31 10375654 d:Non-currentFinancialInstruments 2023-10-31 10375654 d:Non-currentFinancialInstruments 2022-10-31 10375654 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 10375654 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 10375654 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 10375654 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 10375654 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 10375654 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-10-31 10375654 d:ShareCapital 2023-10-31 10375654 d:ShareCapital 2022-10-31 10375654 d:RetainedEarningsAccumulatedLosses 2023-10-31 10375654 d:RetainedEarningsAccumulatedLosses 2022-10-31 10375654 c:FRS102 2022-11-01 2023-10-31 10375654 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 10375654 c:FullAccounts 2022-11-01 2023-10-31 10375654 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 10375654 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 10375654







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


GRESHAM PARK LIMITED






































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GRESHAM PARK LIMITED
REGISTERED NUMBER:10375654



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
454,326
175,108

Debtors: amounts falling due within one year
 4 
92,765
27,655

Cash at bank and in hand
  
11,110
345

  
558,201
203,108

Creditors: amounts falling due within one year
  
(826,189)
(58,004)

Net current (liabilities)/assets
  
 
 
(267,988)
 
 
145,104

Total assets less current liabilities
  
(267,988)
145,104

Creditors: amounts falling due after more than one year
 5 
-
(298,395)

  

Net liabilities
  
(267,988)
(153,291)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(268,088)
(153,391)

  
(267,988)
(153,291)


Page 1

 


GRESHAM PARK LIMITED
REGISTERED NUMBER:10375654


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

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 by: 




J H Rosenhaus
Director

Date: 28 February 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 


GRESHAM PARK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Gresham Park Limited is a private company, limited by shares, incorporated in England and Wales, company
registration number 10375654. The registered office is Apt 6, 10 Whitehall Place, London, SW1A 2BD. There is no principal place of business.

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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.3

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.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Debtors

2023
2022
£
£


Other debtors
27,655
27,655

Prepayments and accrued income
65,110
-

92,765
27,655


Page 3

 


GRESHAM PARK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
-
298,395

-
298,395



6.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Other loans
790,160
-


790,160
-


Amounts falling due 2-5 years

Other loans
-
298,395


-
298,395


790,160
298,395


The loan in the year is secured against the land held within stock. 
There is a fixed and floating charge against the land and property held as stock in the company for a loan provided to the ultimate parent company.


7.


Prior year adjustment

During the preparation of the financial statements, it was discovered that a £1.85 million loan recorded under creditors in the prior year's accounts was not outstanding. Additionally, the stock value in the prior year was overstated by £1.85 million due to an incorrect accounting entry. The comparative figures have been adjusted accordingly, resulting in a £1.85 million reduction in both stock and creditors over/under (delete as appropriate) one year. There was no impact on the company's reserves.


8.


Related party transactions

Included within other creditors is a loan balance of £230,610 (2022: £198,673) owed to a company with shared directorship. During the period, interest charged on these loans amounted to £31,937 (2022: £27,514).

 
Page 4