Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31trueNo description of principal activity1true12023-08-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12124825 2023-08-01 2024-07-31 12124825 2022-08-01 2023-07-31 12124825 2024-07-31 12124825 2023-07-31 12124825 c:Director1 2023-08-01 2024-07-31 12124825 d:CurrentFinancialInstruments 2024-07-31 12124825 d:CurrentFinancialInstruments 2023-07-31 12124825 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12124825 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12124825 d:ShareCapital 2024-07-31 12124825 d:ShareCapital 2023-07-31 12124825 d:RetainedEarningsAccumulatedLosses 2024-07-31 12124825 d:RetainedEarningsAccumulatedLosses 2023-07-31 12124825 c:OrdinaryShareClass1 2023-08-01 2024-07-31 12124825 c:OrdinaryShareClass1 2024-07-31 12124825 c:OrdinaryShareClass1 2023-07-31 12124825 c:FRS102 2023-08-01 2024-07-31 12124825 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12124825 c:FullAccounts 2023-08-01 2024-07-31 12124825 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12124825 2 2023-08-01 2024-07-31 12124825 6 2023-08-01 2024-07-31 12124825 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12124825









PHENOM PROPERTY INVESTMENT & RENTAL LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
PHENOM PROPERTY INVESTMENT & RENTAL LTD
REGISTERED NUMBER: 12124825

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
51
51

  
51
51

Current assets
  

Debtors: amounts falling due within one year
 5 
138,500
160,000

Cash at bank and in hand
  
91,072
35,711

  
229,572
195,711

Creditors: amounts falling due within one year
 6 
(3,325)
(2,176)

Net current assets
  
 
 
226,247
 
 
193,535

Total assets less current liabilities
  
226,298
193,586

  

Net assets
  
226,298
193,586


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
226,198
193,486

  
226,298
193,586


Page 1

 
PHENOM PROPERTY INVESTMENT & RENTAL LTD
REGISTERED NUMBER: 12124825
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 his 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 income and retained earnings 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 7 April 2025.




Manoj Legah
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
PHENOM PROPERTY INVESTMENT & RENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 12124825.  The Company's registered office is 96 Castle Road, Tipton, England, DY4 8EA.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

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.

 
2.5

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.

 
2.6

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 3

 
PHENOM PROPERTY INVESTMENT & RENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2023
51



At 31 July 2024
51





5.


Debtors

2024
2023
£
£


Other debtors
138,500
160,000

138,500
160,000



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
2,275
1,294

Accruals and deferred income
1,050
882

3,325
2,176



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


Page 4

 
PHENOM PROPERTY INVESTMENT & RENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

8.


Transactions with directors

As at the balance sheet date £2,725 (2023: £1,293) was due to the director. The loan is interest free and repayable on demand.

 
Page 5