Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false22023-07-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseMortgage finance company2true 14411409 2023-07-01 2024-06-30 14411409 2022-10-26 2023-06-30 14411409 2024-06-30 14411409 2023-06-30 14411409 c:Director1 2023-07-01 2024-06-30 14411409 c:Director2 2023-07-01 2024-06-30 14411409 d:CurrentFinancialInstruments 2024-06-30 14411409 d:CurrentFinancialInstruments 2023-06-30 14411409 d:Non-currentFinancialInstruments 2024-06-30 14411409 d:Non-currentFinancialInstruments 2023-06-30 14411409 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 14411409 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 14411409 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 14411409 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 14411409 d:ShareCapital 2024-06-30 14411409 d:ShareCapital 2023-06-30 14411409 c:FRS102 2023-07-01 2024-06-30 14411409 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14411409 c:FullAccounts 2023-07-01 2024-06-30 14411409 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14411409 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure
Registered number: 14411409






UKAL NO 4 LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










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UKAL NO 4 LIMITED
REGISTERED NUMBER:14411409

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
814,090
778,462

Cash at bank and in hand
  
1,902
-

  
815,992
778,462

Creditors: amounts falling due within one year
 6 
(315,892)
(778,362)

Net current assets
  
 
 
500,100
 
 
100

Total assets less current liabilities
  
500,100
100

Creditors: amounts falling due after more than one year
  
(500,000)
-

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


Page 1

 
UKAL NO 4 LIMITED
REGISTERED NUMBER:14411409
    
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 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 on 10 March 2025.




M Thompson
G Noble
Director
Director

Page 2

 
UKAL NO 4 LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

UKAL No4 Limited is a private company limited by shares, incorporated in England and Wales. It was incorporated on 11 October 2022. Its registered office is Unit B, Great Hollanden Business Centre, Mill Lane, Underriver, Sevenoaks, Kent, TN15 0SQ.
The principal activity is continuing to be that of facilitating the lending of funds to the agricutlural sector.

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

Going concern

The Directors are of the opinion that the company is a going concern. The financial statements have been prepared on the going concern basis due to the continued support of the parent company, UK Agricultual Finance Limited.

 
2.3

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.

 
2.4

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.

Page 3

 
UKAL NO 4 LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£

Due after more than one year

Trade debtors
814,090
778,462

814,090
778,462



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,902
-

1,902
-



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
304,082
703,091

Accruals and deferred income
11,810
75,271

315,892
778,362


Page 4

 
UKAL NO 4 LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Trade creditors
500,000
-

500,000
-


 
Page 5