Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312024-01-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13529819 2024-01-01 2024-12-31 13529819 2023-01-01 2023-12-31 13529819 2024-12-31 13529819 2023-12-31 13529819 c:Director1 2024-01-01 2024-12-31 13529819 d:FurnitureFittings 2024-01-01 2024-12-31 13529819 d:FurnitureFittings 2024-12-31 13529819 d:FurnitureFittings 2023-12-31 13529819 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 13529819 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 13529819 d:FreeholdInvestmentProperty 2024-12-31 13529819 d:FreeholdInvestmentProperty 2023-12-31 13529819 d:CurrentFinancialInstruments 2024-12-31 13529819 d:CurrentFinancialInstruments 2023-12-31 13529819 d:Non-currentFinancialInstruments 2024-12-31 13529819 d:Non-currentFinancialInstruments 2023-12-31 13529819 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13529819 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13529819 d:ShareCapital 2024-12-31 13529819 d:ShareCapital 2023-12-31 13529819 d:RetainedEarningsAccumulatedLosses 2024-12-31 13529819 d:RetainedEarningsAccumulatedLosses 2023-12-31 13529819 c:OrdinaryShareClass1 2024-01-01 2024-12-31 13529819 c:OrdinaryShareClass1 2024-12-31 13529819 c:OrdinaryShareClass1 2023-12-31 13529819 c:FRS102 2024-01-01 2024-12-31 13529819 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13529819 c:FullAccounts 2024-01-01 2024-12-31 13529819 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13529819 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13529819










FOCUS RESOURCING PROPERTY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
FOCUS RESOURCING PROPERTY LIMITED
REGISTERED NUMBER: 13529819

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,767
3,796

Investment property
  
316,686
305,332

  
318,453
309,128

Current assets
  

Debtors
 6 
481
481

Cash at bank and in hand
 7 
4,452
11,842

  
4,933
12,323

Creditors: amounts falling due within one year
 8 
(318,361)
(319,242)

Net current liabilities
  
 
 
(313,428)
 
 
(306,919)

Total assets less current liabilities
  
5,025
2,209

  

Net assets
  
5,025
2,209


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
5,024
2,208

  
5,025
2,209


Page 1

 
FOCUS RESOURCING PROPERTY LIMITED
REGISTERED NUMBER: 13529819

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 year 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 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 on 14 March 2025.




S Bennett
Director

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

Page 2

 
FOCUS RESOURCING PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Focus Resourcing Property Limited is a private Company, limited by shares, incorporated in England and Wales, registration number 13529819. The address of its registered office is 5 Richfield Place, 12 Richfield Avenue, Reading, Berkshire, England, RG1 8EQ.

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

Turnover is measured at the fair value of the rent receivable or received, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

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.

 
2.4

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:

Fixtures and fittings
-
25%
straight line method

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 3

 
FOCUS RESOURCING PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

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

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.

 
2.8

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.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
FOCUS RESOURCING PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 January 2024
8,117



At 31 December 2024

8,117



Depreciation


At 1 January 2024
4,321


Charge for the year on owned assets
2,029



At 31 December 2024

6,350



Net book value



At 31 December 2024
1,767



At 31 December 2023
3,796


5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
305,332


Additions at cost
11,354



At 31 December 2024
316,686

Investment property was valued on an open market basis at year end by the director, who is not a qualified valuer.



Page 5

 
FOCUS RESOURCING PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Debtors


2024
2023
£
£

Amounts owed by group undertakings
1
1

Prepayments and accrued income
480
480

481
481



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
4,452
11,842

4,452
11,842



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
805
649

Amounts owed to group undertakings
315,700
315,700

Corporation tax
1,136
1,849

Accruals and deferred income
720
1,044

318,361
319,242



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



10.


Related party transactions

The Company has taken advantage of the disclosure exemption available under FRS 102 Section 33.1A not to disclose transactions entered into between 100% owned group companies.
Page 6

 
FOCUS RESOURCING PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

11.


Controlling party

The Company is controlled by its director.

Page 7