Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30false2023-07-01trueNo description of principal activity44falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05060606 2023-07-01 2024-06-30 05060606 2022-07-01 2023-06-30 05060606 2024-06-30 05060606 2023-06-30 05060606 c:Director2 2023-07-01 2024-06-30 05060606 d:CurrentFinancialInstruments 2024-06-30 05060606 d:CurrentFinancialInstruments 2023-06-30 05060606 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05060606 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05060606 d:ShareCapital 2024-06-30 05060606 d:ShareCapital 2023-06-30 05060606 d:RetainedEarningsAccumulatedLosses 2024-06-30 05060606 d:RetainedEarningsAccumulatedLosses 2023-06-30 05060606 c:FRS102 2023-07-01 2024-06-30 05060606 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05060606 c:FullAccounts 2023-07-01 2024-06-30 05060606 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 05060606









BELGRAVE LAND (WIGAN) LIMITED







UNAUDITED AMENDED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
BELGRAVE LAND (WIGAN) LIMITED
REGISTERED NUMBER: 05060606

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
  
1,200,000
1,200,000

  
1,200,000
1,200,000

Current assets
  

Debtors: amounts falling due within one year
 4 
6
6

Cash at bank and in hand
 5 
30,134
16,982

  
30,140
16,988

Creditors: amounts falling due within one year
 6 
(728,386)
(865,388)

Net current liabilities
  
 
 
(698,246)
 
 
(848,400)

Total assets less current liabilities
  
501,754
351,600

  

Net assets
  
501,754
351,600


Capital and reserves
  

Called up share capital 
  
12
12

Profit and loss account
  
501,742
351,588

  
501,754
351,600


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.

Page 1

 
BELGRAVE LAND (WIGAN) LIMITED
REGISTERED NUMBER: 05060606
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
R D Swaine
Director

Date: 3 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BELGRAVE LAND (WIGAN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Belgrave Land (Wigan) Limited is a company limited by shares incorporated within the United Kingdom. The address of the registered office is Radius House, First Floor, 51 Clarendon Road, Watford, Herts, WD17 1HP. 
The company's principal activity is property investments. 
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 

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 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 received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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.

Page 3

 
BELGRAVE LAND (WIGAN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

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 the Profit and loss account. 

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Debtors

2024
2023
£
£


Other debtors
6
6

6
6


Page 4

 
BELGRAVE LAND (WIGAN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
30,134
16,982

30,134
16,982



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
600,000
760,000

Corporation tax
50,051
32,364

Other taxation and social security
22,054
19,276

Accruals and deferred income
56,281
53,748

728,386
865,388


 
Page 5