Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-311No description of principal activityfalsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-011truefalse 12687147 2023-01-01 2023-12-31 12687147 2021-07-01 2022-12-31 12687147 2023-12-31 12687147 2022-12-31 12687147 c:Director1 2023-01-01 2023-12-31 12687147 d:FreeholdInvestmentProperty 2023-12-31 12687147 d:FreeholdInvestmentProperty 2022-12-31 12687147 d:CurrentFinancialInstruments 2023-12-31 12687147 d:CurrentFinancialInstruments 2022-12-31 12687147 d:Non-currentFinancialInstruments 2023-12-31 12687147 d:Non-currentFinancialInstruments 2022-12-31 12687147 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12687147 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12687147 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 12687147 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 12687147 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-12-31 12687147 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 12687147 d:ShareCapital 2023-12-31 12687147 d:ShareCapital 2022-12-31 12687147 d:RetainedEarningsAccumulatedLosses 2023-12-31 12687147 d:RetainedEarningsAccumulatedLosses 2022-12-31 12687147 c:FRS102 2023-01-01 2023-12-31 12687147 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12687147 c:FullAccounts 2023-01-01 2023-12-31 12687147 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12687147 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 12687147









TAB PROPERTY SPV1 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2023

 
TAB PROPERTY SPV1 LIMITED
REGISTERED NUMBER: 12687147

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
216,000
216,000

  
216,000
216,000

Current assets
  

Debtors: amounts falling due within one year
 5 
-
16,337

  
-
16,337

Creditors: amounts falling due within one year
 6 
-
(15,738)

Net current assets
  
 
 
-
 
 
599

Total assets less current liabilities
  
216,000
216,599

Creditors: amounts falling due after more than one year
 7 
(216,000)
(216,000)

  

Net assets
  
-
599


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(1)
598

  
-
599


Page 1

 
TAB PROPERTY SPV1 LIMITED
REGISTERED NUMBER: 12687147
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The director considers 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 director acknowledges his 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 comprehensive income 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: 




D L Kreeger
Director

Date: 11 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TAB PROPERTY SPV1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Tab Property SPV1 Limited is a company limited by shares, registered in England and Wales (registered number: 12687147). The registered address of the Company is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

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:

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

Borrowing costs

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

 
2.4

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

 
TAB PROPERTY SPV1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers 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 profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the period was 1 (2022 - 1).

Page 4

 
TAB PROPERTY SPV1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Investment property


Freehold investment property

£



Valuation


At 1 January 2023
216,000



At 31 December 2023
216,000

The 2023 valuations were made by the director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2023
2022
£
£


Historic cost
216,000
216,000

216,000
216,000


5.


Debtors

2023
2022
£
£


Other debtors
-
16,337

-
16,337



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
1,632

Corporation tax
-
140

Other creditors
-
8

Accruals and deferred income
-
13,958

-
15,738


Page 5

 
TAB PROPERTY SPV1 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
216,000
216,000

216,000
216,000



8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£


Amounts falling due 1-2 years

Other loans
216,000
216,000


216,000
216,000



216,000
216,000


 
Page 6