Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Buying and selling of own real estate22023-04-012falsefalsetruefalse 12955085 2023-04-01 2024-03-31 12955085 2022-04-01 2023-03-31 12955085 2024-03-31 12955085 2023-03-31 12955085 c:Director2 2023-04-01 2024-03-31 12955085 d:CurrentFinancialInstruments 2024-03-31 12955085 d:CurrentFinancialInstruments 2023-03-31 12955085 d:Non-currentFinancialInstruments 2024-03-31 12955085 d:Non-currentFinancialInstruments 2023-03-31 12955085 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12955085 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12955085 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12955085 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12955085 d:ShareCapital 2024-03-31 12955085 d:ShareCapital 2023-03-31 12955085 d:RetainedEarningsAccumulatedLosses 2024-03-31 12955085 d:RetainedEarningsAccumulatedLosses 2023-03-31 12955085 c:FRS102 2023-04-01 2024-03-31 12955085 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12955085 c:FullAccounts 2023-04-01 2024-03-31 12955085 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12955085 6 2023-04-01 2024-03-31 12955085 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 12955085









WINTHORPE PARTNERS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
WINTHORPE PARTNERS LTD
REGISTERED NUMBER: 12955085

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1
1

  
1
1

Current assets
  

Debtors: amounts falling due within one year
 5 
629,825
634,825

  
629,825
634,825

Creditors: amounts falling due within one year
 6 
(610,916)
(614,267)

Net current assets
  
 
 
18,909
 
 
20,558

Total assets less current liabilities
  
18,910
20,559

Creditors: amounts falling due after more than one year
  
-
(3,280)

  

Net assets
  
18,910
17,279


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
18,908
17,277

  
18,910
17,279


Page 1

 
WINTHORPE PARTNERS LTD
REGISTERED NUMBER: 12955085
    
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 income statement 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 W Pemberton
Director

Date: 28 March 2025

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

Page 2

 
WINTHORPE PARTNERS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The principal activity of the Company, in the year under review, was that of a holding company.
The Company is a private company, limited by shares, and is incorporated in England and Wales.
The Company's registered office address is The Plaza, 535 Kings Road, London, SW10 0SZ.

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 a going concern basis.
The directors have made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

 
2.3

Functional and presentation currency

The Company's functional and presentational currency is GBP.

 
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.

 
2.5

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.

Page 3

 
WINTHORPE PARTNERS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
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 income and retained earnings 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

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 only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to and from related parties.
(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, 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.
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at
transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of
interest.

Page 4

 
WINTHORPE PARTNERS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




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


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2023
1



At 31 March 2024
1




Page 5

 
WINTHORPE PARTNERS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
629,825
634,825

629,825
634,825



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
383
4,053

Other creditors
605,253
605,000

Accruals and deferred income
5,280
5,214

610,916
614,267



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Accruals and deferred income
-
3,280

-
3,280


Page 6