Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false2023-01-01No description of principal activity55truetruefalse 13292403 2023-01-01 2024-06-30 13292403 2022-01-01 2022-12-31 13292403 2024-06-30 13292403 2022-12-31 13292403 c:Director1 2023-01-01 2024-06-30 13292403 d:OtherPropertyPlantEquipment 2023-01-01 2024-06-30 13292403 d:OtherPropertyPlantEquipment 2024-06-30 13292403 d:OtherPropertyPlantEquipment 2022-12-31 13292403 d:CurrentFinancialInstruments 2024-06-30 13292403 d:CurrentFinancialInstruments 2022-12-31 13292403 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13292403 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13292403 d:ShareCapital 2024-06-30 13292403 d:ShareCapital 2022-12-31 13292403 d:RetainedEarningsAccumulatedLosses 2024-06-30 13292403 d:RetainedEarningsAccumulatedLosses 2022-12-31 13292403 c:FRS102 2023-01-01 2024-06-30 13292403 c:Audited 2023-01-01 2024-06-30 13292403 c:FullAccounts 2023-01-01 2024-06-30 13292403 c:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 13292403 c:SmallCompaniesRegimeForAccounts 2023-01-01 2024-06-30 13292403 e:PoundSterling 2023-01-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 13292403










BILLINGSHURST MANAGEMENT COMPANY LIMITED










FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2024

 
BILLINGSHURST MANAGEMENT COMPANY LIMITED
REGISTERED NUMBER: 13292403

BALANCE SHEET
AS AT 30 JUNE 2024

30 June
As restated
31 December
2024
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
818,193
-

  
818,193
-

Current assets
  

Debtors: amounts falling due within one year
 5 
189,703
163,539

Cash at bank and in hand
  
25,278
-

  
214,981
163,539

Creditors: amounts falling due within one year
 6 
(910,518)
(164,923)

Net current liabilities
  
 
 
(695,537)
 
 
(1,384)

Total assets less current liabilities
  
122,656
(1,384)

  

Net assets/(liabilities)
  
122,656
(1,384)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
122,655
(1,385)

  
122,656
(1,384)


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: 




J R Hobby
Director

Date: 24 March 2025

The notes on pages 2 to 7 form part of these financial statements.

Page 1

 
BILLINGSHURST MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

The company is limited by shares and is incorporated in England and Wales (registered number 13292403). The registered office and principal place of business is Brightwalton House, Brightwalton, Newbury, RG20 7BZ.

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 company has changed its year end from 31 December 2023 to 30 June 2024 to align with the group, therefore the figures are not entirely comparable.

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:

Revenue from electricity sales is recognised in the period in which it relates. 

 
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.

Page 2

 
BILLINGSHURST MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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 years straight line

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.

 
2.5

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.

 
2.6

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.

 
2.7

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

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.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
 
Page 3

 
BILLINGSHURST MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)


Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
 
Page 4

 
BILLINGSHURST MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)


Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

There are no employees in the current year or prior year other than the directors who did not receive any remuneration in this company.


4.


Tangible fixed assets







Other fixed assets

£



Cost or valuation


Additions
818,193



At 30 June 2024

818,193






Net book value



At 30 June 2024
818,193



At 31 December 2022
-

Page 5

 
BILLINGSHURST MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


Debtors

30 June
As restated
31 December
2024
2022
£
£


Trade debtors
98,585
-

Amounts owed by group undertakings
-
1

Other debtors
24,637
27,327

Prepayments and accrued income
66,481
136,211

189,703
163,539



6.


Creditors: Amounts falling due within one year

30 June
31 December
2024
2022
£
£

Trade creditors
3,160
163,453

Amounts owed to group companies
834,345
510

Other taxation and social security
6,402
-

Other creditors
15,049
-

Accruals and deferred income
51,562
960

910,518
164,923


Amounts owed to group companies are non interest bearing and repayable on demand.


7.


Related party transactions

The company has taken advantage of the exemption under FRS 102 not to disclose related party transactions with wholly owned group companies.


8.


Controlling party

The immediate and ultimate parent company at the balance sheet date was Dunmoore Group Limited, a company incorporated in England and Wales, registered address Brightwalton House, Brightwalton, Newbury, Berkshire, RG20 7BZ. 
The smallest and largest group to prepare consolidated financial statements is that of Dunmoore Group Limited.
The ultimate controlling party of Dunmoore Group Limited is J R Hobby by virtue of his shareholding. 

Page 6

 
BILLINGSHURST MANAGEMENT COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

9.


Auditors' information

The auditors' report on the financial statements for the period ended 30 June 2024 was unqualified.

The audit report was signed on 26 March 2025 by Jonathan Baillie BA (Hons) ACA FCCA (Senior Statutory Auditor) on behalf of James Cowper Kreston Audit.


Page 7