Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-3022falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01Other service activities not elsewhere classifiedtrue 13582659 2023-01-01 2024-06-30 13582659 2022-01-01 2022-12-31 13582659 2024-06-30 13582659 2022-12-31 13582659 c:Director1 2023-01-01 2024-06-30 13582659 d:CurrentFinancialInstruments 2024-06-30 13582659 d:CurrentFinancialInstruments 2022-12-31 13582659 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13582659 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13582659 d:ShareCapital 2024-06-30 13582659 d:ShareCapital 2022-12-31 13582659 d:RetainedEarningsAccumulatedLosses 2024-06-30 13582659 d:RetainedEarningsAccumulatedLosses 2022-12-31 13582659 c:FRS102 2023-01-01 2024-06-30 13582659 c:AuditExempt-NoAccountantsReport 2023-01-01 2024-06-30 13582659 c:FullAccounts 2023-01-01 2024-06-30 13582659 c:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 13582659









22-24 CAXTON ROAD LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
22-24 CAXTON ROAD LIMITED
REGISTERED NUMBER: 13582659

BALANCE SHEET
AS AT 30 JUNE 2024

30 June
31 December
2024
2022
Note
£
£

  

Current assets
  

Stocks
  
-
2,524,676

Debtors: amounts falling due within one year
 4 
200,267
3,299,066

Cash at bank and in hand
 5 
128,233
71,157

  
328,500
5,894,899

Creditors: amounts falling due within one year
 6 
(240,996)
(5,661,806)

Net current assets
  
 
 
87,504
 
 
233,093

Total assets less current liabilities
  
87,504
233,093

  

Net assets
  
87,504
233,093


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
87,503
233,092

  
87,504
233,093


Page 1

 
22-24 CAXTON ROAD LIMITED
REGISTERED NUMBER: 13582659
    
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 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.

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 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 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 on 28 January 2025.




J Horn
Director

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

Page 2

 
22-24 CAXTON ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

22-24 Caxton Road Limited is a private company limited by shares, incorporated in England & Wales (registered number: 13582659).The registered office of the company is 17 Hanover Square, London, W1S 1BN.
The financial statements are presented in Sterling, which is the functional currency of the company. 

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:

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 3

 
22-24 CAXTON ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Stocks

Stock and work in progress represents the land value of properties under construction and completed properties held for sale and is valued at the lower of cost and net realisable value. 
At each reporting date, inventories are assessed for impairment. If inventory is impaired, the carrying amount is reduced to its selling price less cost to complete and sell. 



 
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 period was 2 (2022 - 2).

Page 4

 
22-24 CAXTON ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

4.


Debtors

30 June
As restated
31 December
2024
2022
£
£


Trade debtors
-
3,297,106

Amounts owed by group undertakings
75,146
-

Other debtors
125,121
1,960

200,267
3,299,066



5.


Cash and cash equivalents

30 June
31 December
2024
2022
£
£

Cash at bank and in hand
128,234
71,158

128,234
71,158



6.


Creditors: Amounts falling due within one year

30 June
31 December
2024
2022
£
£

Trade creditors
125,000
157,493

Amounts owed to group undertakings
75,418
5,253,568

Accruals and deferred income
40,578
250,745

240,996
5,661,806



7.


Controlling party

The company is a wholly owned subsidiary of Horn & Horne Limited, a company incorporated in England & Wales. The company's results are consolidated in the accounts of Horn & Horne Limited. Copies of the Horn & Horne Limited accounts are available from Horn & Horne Limited, 17 Hanover Square, London, W1S 1BN.

 
Page 5