Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-282024-07-28550The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-08-01falseNo description of principal activitytruetruefalse 10177270 2023-08-01 2024-07-28 10177270 2022-08-01 2023-07-31 10177270 2024-07-28 10177270 2023-07-31 10177270 2022-08-01 10177270 c:Director2 2023-08-01 2024-07-28 10177270 d:Buildings d:ShortLeaseholdAssets 2023-08-01 2024-07-28 10177270 d:Buildings d:ShortLeaseholdAssets 2024-07-28 10177270 d:Buildings d:ShortLeaseholdAssets 2023-07-31 10177270 d:FurnitureFittings 2023-08-01 2024-07-28 10177270 d:FurnitureFittings 2024-07-28 10177270 d:FurnitureFittings 2023-07-31 10177270 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-28 10177270 d:OfficeEquipment 2023-08-01 2024-07-28 10177270 d:OfficeEquipment 2024-07-28 10177270 d:OfficeEquipment 2023-07-31 10177270 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-28 10177270 d:ComputerEquipment 2023-08-01 2024-07-28 10177270 d:ComputerEquipment 2024-07-28 10177270 d:ComputerEquipment 2023-07-31 10177270 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-28 10177270 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-28 10177270 d:CurrentFinancialInstruments 2024-07-28 10177270 d:CurrentFinancialInstruments 2023-07-31 10177270 d:Non-currentFinancialInstruments 2024-07-28 10177270 d:Non-currentFinancialInstruments 2023-07-31 10177270 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-28 10177270 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10177270 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-28 10177270 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 10177270 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-07-28 10177270 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-07-31 10177270 d:ShareCapital 2023-08-01 2024-07-28 10177270 d:ShareCapital 2024-07-28 10177270 d:ShareCapital 2022-08-01 2023-07-31 10177270 d:ShareCapital 2023-07-31 10177270 d:ShareCapital 2022-08-01 10177270 d:RetainedEarningsAccumulatedLosses 2023-08-01 2024-07-28 10177270 d:RetainedEarningsAccumulatedLosses 2024-07-28 10177270 d:RetainedEarningsAccumulatedLosses 2022-08-01 2023-07-31 10177270 d:RetainedEarningsAccumulatedLosses 2023-07-31 10177270 d:RetainedEarningsAccumulatedLosses 2022-08-01 10177270 d:AcceleratedTaxDepreciationDeferredTax 2024-07-28 10177270 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 10177270 c:FRS102 2023-08-01 2024-07-28 10177270 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-28 10177270 c:FullAccounts 2023-08-01 2024-07-28 10177270 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-28 10177270 e:PoundSterling 2023-08-01 2024-07-28 iso4217:GBP xbrli:pure

Registered number: 10177270









DININGS SW3 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 JULY 2024

 
DININGS SW3 LIMITED
REGISTERED NUMBER: 10177270

BALANCE SHEET
AS AT 28 JULY 2024

28 July
31 July
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,022,927
2,016,730

  
2,022,927
2,016,730

Current assets
  

Stocks
  
146,388
113,874

Debtors: amounts falling due within one year
 5 
178,273
149,962

Cash at bank and in hand
 6 
989,053
799,720

  
1,313,714
1,063,556

Creditors: amounts falling due within one year
 7 
(860,930)
(1,115,069)

Net current assets/(liabilities)
  
 
 
452,784
 
 
(51,513)

Total assets less current liabilities
  
2,475,711
1,965,217

Creditors: amounts falling due after more than one year
 8 
(1,573,808)
(1,508,988)

Provisions for liabilities
  

Deferred tax
 10 
(95,235)
(75,260)

  
 
 
(95,235)
 
 
(75,260)

Net assets
  
806,668
380,969


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
806,568
380,869

  
806,668
380,969


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 period 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.
Page 1

 
DININGS SW3 LIMITED
REGISTERED NUMBER: 10177270
    
BALANCE SHEET (CONTINUED)
AS AT 28 JULY 2024


The Company has opted not to file the profit and loss account 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: 




................................................
Masaki Sugisaki
Director

Date: 6 March 2025

The notes on pages 4 to 10 form part of these financial statements.

Page 2

 

 
DININGS SW3 LIMITED


 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 28 JULY 2024



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 August 2022
100
(83,699)
(83,599)





Profit for the year
-
464,568
464,568

Total comprehensive income for the year
-
464,568
464,568





At 1 August 2023
100
380,869
380,969





Profit for the period
-
425,699
425,699

Total comprehensive income for the period
-
425,699
425,699



At 28 July 2024
100
806,568
806,668



The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
DININGS SW3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 JULY 2024

1.


General information

Dinings SW3 limited is a private company, limited by shares, registered in England and Wales.
The company's registered number is : 10177270
 and registered office address is The Courtyard, 14a Sydenham Road, Croydon, England, CR0 2EE

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

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 4

 
DININGS SW3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 JULY 2024

2.Accounting policies (continued)

 
2.3

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.4

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.

 
2.5

Borrowing costs

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

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 5

 
DININGS SW3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 JULY 2024

2.Accounting policies (continued)

 
2.7

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
5%
Fixtures and fittings
-
20%
Office equipment
-
20%
Computer equipment
-
33%

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 6

 
DININGS SW3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 JULY 2024

2.Accounting policies (continued)

 
2.9

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 balance sheet 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.

 
2.10

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.

 
2.11

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.

 
2.12

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 period was 55 (2023 - 0).

Page 7

 
DININGS SW3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 JULY 2024

4.


Tangible fixed assets







Short-term leasehold property
Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 August 2023
2,613,024
430,217
262,856
28,086
3,334,183


Additions
83,718
103,498
102,251
-
289,467



At 28 July 2024

2,696,742
533,715
365,107
28,086
3,623,650



Depreciation


At 1 August 2023
962,336
198,583
136,622
19,912
1,317,453


Charge for the period on owned assets
153,973
71,239
54,175
3,883
283,270



At 28 July 2024

1,116,309
269,822
190,797
23,795
1,600,723



Net book value



At 28 July 2024
1,580,433
263,893
174,310
4,291
2,022,927



At 31 July 2023
1,650,688
231,634
126,234
8,174
2,016,730


5.


Debtors

28 July
31 July
2024
2023
£
£


Trade debtors
18,445
(2,988)

Amounts owed by group undertakings
22,074
18,614

Other debtors
78,000
78,000

Prepayments and accrued income
59,754
56,336

178,273
149,962


Page 8

 
DININGS SW3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 JULY 2024

6.


Cash and cash equivalents

28 July
31 July
2024
2023
£
£

Cash at bank and in hand
989,053
799,720

989,053
799,720



7.


Creditors: Amounts falling due within one year

28 July
31 July
2024
2023
£
£

Trade creditors
158,459
208,782

Corporation tax
162,182
393,736

Other taxation and social security
267,405
283,064

Other creditors
117,671
111,532

Accruals and deferred income
155,213
117,955

860,930
1,115,069



8.


Creditors: Amounts falling due after more than one year

28 July
31 July
2024
2023
£
£

Other loans
1,573,808
1,508,988

1,573,808
1,508,988


Page 9

 
DININGS SW3 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 JULY 2024

9.


Loans


Analysis of the maturity of loans is given below:


28 July
31 July
2024
2023
£
£



Amounts falling due 2-5 years

Other loans
1,573,808
1,508,988


1,573,808
1,508,988


1,573,808
1,508,988



10.


Deferred taxation






2024


£






At beginning of year
(75,260)


Charged to profit or loss
(19,975)



At end of year
(95,235)

The provision for deferred taxation is made up as follows:

28 July
31 July
2024
2023
£
£


Accelerated capital allowances
(95,235)
(75,260)

(95,235)
(75,260)

 
Page 10