Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31false2023-04-01falseNo description of principal activity23truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13791978 2023-04-01 2024-03-31 13791978 2021-12-09 2023-03-31 13791978 2024-03-31 13791978 2023-03-31 13791978 c:Director2 2023-04-01 2024-03-31 13791978 d:ComputerEquipment 2023-04-01 2024-03-31 13791978 d:ComputerEquipment 2024-03-31 13791978 d:ComputerEquipment 2023-03-31 13791978 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13791978 d:CurrentFinancialInstruments 2024-03-31 13791978 d:CurrentFinancialInstruments 2023-03-31 13791978 d:Non-currentFinancialInstruments 2024-03-31 13791978 d:Non-currentFinancialInstruments 2023-03-31 13791978 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13791978 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13791978 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13791978 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13791978 d:ShareCapital 2024-03-31 13791978 d:ShareCapital 2023-03-31 13791978 d:RetainedEarningsAccumulatedLosses 2024-03-31 13791978 d:RetainedEarningsAccumulatedLosses 2023-03-31 13791978 c:FRS102 2023-04-01 2024-03-31 13791978 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13791978 c:FullAccounts 2023-04-01 2024-03-31 13791978 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13791978 6 2023-04-01 2024-03-31 13791978 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13791978









SQUIRREL WOOD PROPERTIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
SQUIRREL WOOD PROPERTIES LIMITED
REGISTERED NUMBER: 13791978

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
760
1,013

Investments
 5 
5
8

  
765
1,021

Current assets
  

Debtors: amounts falling due within one year
 6 
4,045,111
2,212,507

Cash at bank and in hand
 7 
18,882
5,428

  
4,063,993
2,217,935

Creditors: amounts falling due within one year
 8 
(21,441)
(2,500,566)

Net current assets/(liabilities)
  
 
 
4,042,552
 
 
(282,631)

Total assets less current liabilities
  
4,043,317
(281,610)

Creditors: amounts falling due after more than one year
 9 
(4,348,289)
-

  

Net liabilities
  
(304,972)
(281,610)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(305,072)
(281,710)

  
(304,972)
(281,610)


Page 1

 
SQUIRREL WOOD PROPERTIES LIMITED
REGISTERED NUMBER: 13791978
    
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 Period 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 on 28 March 2025.




F Roberts
Director

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

Page 2

 
SQUIRREL WOOD PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Squirrel Wood Properties Limited is a private company limited by shares and incorporated in England and Wales (registered number 13791978). The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.
The financial statements are presented in Sterling, which is the functional currency of the company.

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 financial statements have been prepared on the going concern basis. The company is dependent on the directors and shareholders for financial support, which the directors are confident will continue for a period of at least another 12 months following the approval of these financial statements.
As at 31 March 2024, the company had net liabilities of £304,972. The directors and shareholders have indicated their present intention to provide adequate finance to enable the company to continue in operational existence, and on this basis the directors considers it appropriate to prepare the financial statements on the going concern basis.
The financial statements do not reflect any adjustments that would result from a withdrawal of inancial support by the directors and shareholders.

 
2.3

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.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
SQUIRREL WOOD PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

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:

Computer equipment
-
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.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

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.

 
2.8

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.

 
2.9

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

 
SQUIRREL WOOD PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees, including directors, during the Period was 2 (2023 - 3).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 April 2023
1,367



At 31 March 2024

1,367



Depreciation


At 1 April 2023
354


Charge for the Period on owned assets
253



At 31 March 2024

607



Net book value



At 31 March 2024
760



At 31 March 2023
1,013


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
8


Disposals
(3)



At 31 March 2024
5




Page 5

 
SQUIRREL WOOD PROPERTIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£


Other debtors
4,044,270
2,209,670

Prepayments and accrued income
841
2,837

4,045,111
2,212,507



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
18,882
5,428

18,882
5,428



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
15,873
58,763

Other creditors
5,568
2,441,803

21,441
2,500,566



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
4,348,289
-

4,348,289
-


 
Page 6