Caseware UK (AP4) 2024.0.164 2024.0.164 2023-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09436210 2023-04-01 2024-03-31 09436210 2022-04-01 2023-03-31 09436210 2024-03-31 09436210 2023-03-31 09436210 c:Director1 2023-04-01 2024-03-31 09436210 d:MotorVehicles 2023-04-01 2024-03-31 09436210 d:MotorVehicles 2024-03-31 09436210 d:MotorVehicles 2023-03-31 09436210 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 09436210 d:FreeholdInvestmentProperty 2024-03-31 09436210 d:FreeholdInvestmentProperty 2023-03-31 09436210 d:CurrentFinancialInstruments 2024-03-31 09436210 d:CurrentFinancialInstruments 2023-03-31 09436210 d:Non-currentFinancialInstruments 2024-03-31 09436210 d:Non-currentFinancialInstruments 2023-03-31 09436210 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09436210 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09436210 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09436210 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 09436210 d:ShareCapital 2024-03-31 09436210 d:ShareCapital 2023-03-31 09436210 d:RetainedEarningsAccumulatedLosses 2024-03-31 09436210 d:RetainedEarningsAccumulatedLosses 2023-03-31 09436210 c:FRS102 2023-04-01 2024-03-31 09436210 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09436210 c:FullAccounts 2023-04-01 2024-03-31 09436210 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09436210 6 2023-04-01 2024-03-31 09436210 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 09436210









Hutchings Walk Limited







Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 March 2024

 
Hutchings Walk Limited
Registered number: 09436210

Statement of Financial Position
As at 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
17,436
23,248

Investments
  
114
-

Investment property
 5 
295,154
295,154

  
312,704
318,402

Current assets
  

Debtors: amounts falling due within one year
 6 
552,359
440,754

Cash at bank and in hand
 7 
144,972
200,505

  
697,331
641,259

Creditors: amounts falling due within one year
 8 
(107,767)
(270,648)

Net current assets
  
 
 
589,564
 
 
370,611

Total assets less current liabilities
  
902,268
689,013

Creditors: amounts falling due after more than one year
 9 
(211,799)
-

  

Net assets
  
690,469
689,013


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
690,467
689,011

  
690,469
689,013


Page 1

 
Hutchings Walk Limited
Registered number: 09436210
    
Statement of Financial Position (continued)
As at 31 March 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 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: 




T Jackson
Director

Date: 26 March 2025

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

Page 2

 
Hutchings Walk Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

1.


General information

Hutchings Walk Limited is a private company limited by shares, incorporated in England & Wales (registered number 09436210). The registered office is 101 New Cavendish Street, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.
The principal activity of the company is that of real estate investment.

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.

Page 3

 
Hutchings Walk Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.3

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance

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.

 
2.4

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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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.

Page 4

 
Hutchings Walk Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

 
2.11

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.12

Borrowing costs

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

 
2.13

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 reporting date in the countries where the Company operates and generates income.


3.


Employees

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

Page 5

 
Hutchings Walk Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 April 2023
38,150



At 31 March 2024

38,150



Depreciation


At 1 April 2023
14,902


Charge for the year on owned assets
5,812



At 31 March 2024

20,714



Net book value



At 31 March 2024
17,436



At 31 March 2023
23,248


5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
295,154



At 31 March 2024
295,154

The 2024 valuations were made by the Directors, on an open market value for existing use basis.




Page 6

 
Hutchings Walk Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

6.


Debtors

2024
2023
£
£


Amounts owed by joint ventures and associated undertakings
218,596
-

Other debtors
328,254
440,754

Prepayments and accrued income
5,509
-

552,359
440,754



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
144,972
200,505

144,972
200,505



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
839

Corporation tax
4,623
16,541

Other creditors
92,998
245,347

Accruals and deferred income
10,146
7,921

107,767
270,648



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
211,799
-

211,799
-


 
Page 7