Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-301No description of principal activity2023-07-01false1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09926451 2023-07-01 2024-06-30 09926451 2022-07-01 2023-06-30 09926451 2024-06-30 09926451 2023-06-30 09926451 c:Director1 2023-07-01 2024-06-30 09926451 d:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 09926451 d:OtherPropertyPlantEquipment 2024-06-30 09926451 d:OtherPropertyPlantEquipment 2023-06-30 09926451 d:CurrentFinancialInstruments 2024-06-30 09926451 d:CurrentFinancialInstruments 2023-06-30 09926451 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09926451 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09926451 d:ShareCapital 2024-06-30 09926451 d:ShareCapital 2023-06-30 09926451 d:RetainedEarningsAccumulatedLosses 2024-06-30 09926451 d:RetainedEarningsAccumulatedLosses 2023-06-30 09926451 c:FRS102 2023-07-01 2024-06-30 09926451 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09926451 c:FullAccounts 2023-07-01 2024-06-30 09926451 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09926451 2 2023-07-01 2024-06-30 09926451 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 09926451









THE VIEWING REAL ESTATE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
THE VIEWING REAL ESTATE LIMITED
REGISTERED NUMBER: 09926451

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
8,451
17,077

Cash at bank and in hand
 5 
58,363
31,944

  
66,814
49,021

Creditors: amounts falling due within one year
 6 
(62,861)
(43,351)

Net current assets
  
 
 
3,953
 
 
5,670

Total assets less current liabilities
  
3,953
5,670

  

Net assets
  
3,953
5,670


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
3,853
5,570

  
3,953
5,670


Page 1

 
THE VIEWING REAL ESTATE LIMITED
REGISTERED NUMBER: 09926451
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 her 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 by: 




G Bruce
Director

Date: 19 March 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
THE VIEWING REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

The Viewing Real Estate Limited is a limited liability company incorporated and domiciled in England & Wales. 
The address of its registered office is:
Penrose
New Inn Lane
Shrawley
Worcester
WR6 6TE 
The financial statements are prepared in Sterling (£) which is the functional currency of the company. The financial statements are for the year ended 30 June 2024 (2023: year ended 30 June 2023).

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 accounts are prepared on a going concern basis due to the continued financial support of the director. 

Page 3

 
THE VIEWING REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.4

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.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
THE VIEWING REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

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.


 
2.7

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:

Other fixed assets
-
25%

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

Page 5

 
THE VIEWING REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.11

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.


Tangible fixed assets





Other fixed assets

£



Cost 


At 1 July 2023
28,400



At 30 June 2024

28,400



Depreciation


At 1 July 2023
28,400



At 30 June 2024

28,400



Net book value



At 30 June 2024
-



At 30 June 2023
-


4.


Debtors

2024
2023
£
£


Trade debtors
-
5,217

Amounts owed by associated undertakings
-
10,000

Other debtors
8,451
1,860

8,451
17,077


Page 6

 
THE VIEWING REAL ESTATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
58,363
31,944

58,363
31,944



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
40,000

Amounts owed to associated undertakings
23,381
-

Corporation tax
-
1,500

Other taxation and social security
342
-

Other creditors
16,138
-

Accruals and deferred income
23,000
1,851

62,861
43,351





7.


Related party transactions


2024
2023
£
£

Amounts due from/(to) companies with directors in common
(23,381)
(30,000)
(23,381)
(30,000)

 
Page 7