Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31falsefalse2023-08-01falsetrueNo description of principal activity4746The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03401163 2023-08-01 2024-07-31 03401163 2022-08-01 2023-07-31 03401163 2024-07-31 03401163 2023-07-31 03401163 c:Director1 2023-08-01 2024-07-31 03401163 c:Director4 2023-08-01 2024-07-31 03401163 c:RegisteredOffice 2023-08-01 2024-07-31 03401163 d:Buildings 2023-08-01 2024-07-31 03401163 d:Buildings 2024-07-31 03401163 d:Buildings 2023-07-31 03401163 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03401163 d:PlantMachinery 2023-08-01 2024-07-31 03401163 d:PlantMachinery 2024-07-31 03401163 d:PlantMachinery 2023-07-31 03401163 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03401163 d:MotorVehicles 2023-08-01 2024-07-31 03401163 d:MotorVehicles 2024-07-31 03401163 d:MotorVehicles 2023-07-31 03401163 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03401163 d:OfficeEquipment 2023-08-01 2024-07-31 03401163 d:OfficeEquipment 2024-07-31 03401163 d:OfficeEquipment 2023-07-31 03401163 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03401163 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 03401163 d:CurrentFinancialInstruments 2024-07-31 03401163 d:CurrentFinancialInstruments 2023-07-31 03401163 d:Non-currentFinancialInstruments 2024-07-31 03401163 d:Non-currentFinancialInstruments 2023-07-31 03401163 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 03401163 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 03401163 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 03401163 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 03401163 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-07-31 03401163 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-07-31 03401163 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-07-31 03401163 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-07-31 03401163 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-07-31 03401163 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-07-31 03401163 d:ShareCapital 2024-07-31 03401163 d:ShareCapital 2023-07-31 03401163 d:RevaluationReserve 2024-07-31 03401163 d:RevaluationReserve 2023-07-31 03401163 d:RetainedEarningsAccumulatedLosses 2024-07-31 03401163 d:RetainedEarningsAccumulatedLosses 2023-07-31 03401163 c:FRS102 2023-08-01 2024-07-31 03401163 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 03401163 c:FullAccounts 2023-08-01 2024-07-31 03401163 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03401163 d:AcceleratedTaxDepreciationDeferredTax 2024-07-31 03401163 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 03401163 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company registration number: 03401163







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2024


DERRIFORD HOUSE LIMITED






































img1d1a.png                        

 


DERRIFORD HOUSE LIMITED
 


 
COMPANY INFORMATION


Directors
G D Pope 
J Knowles 




Registered number
03401163



Registered office
Derriford House
Pinewood Hill

Fleet

Hampshire

GU51 3AW




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


DERRIFORD HOUSE LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 7


 


DERRIFORD HOUSE LIMITED
REGISTERED NUMBER:03401163



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,911,083
3,956,020

  
3,911,083
3,956,020

Current assets
  

Stocks
  
1,247
1,247

Debtors: amounts falling due within one year
 5 
1,764,305
1,784,531

Cash at bank and in hand
  
630,839
445,858

  
2,396,391
2,231,636

Creditors: amounts falling due within one year
 6 
(415,447)
(351,790)

Net current assets
  
 
 
1,980,944
 
 
1,879,846

Total assets less current liabilities
  
5,892,027
5,835,866

Creditors: amounts falling due after more than one year
 7 
(1,443,423)
(1,591,929)

Provisions for liabilities
  

Deferred tax
 9 
(5,404)
(8,398)

  
 
 
(5,404)
 
 
(8,398)

Net assets
  
4,443,200
4,235,539


Capital and reserves
  

Called up share capital 
  
2,000
2,000

Revaluation reserve
  
2,846,639
2,846,639

Profit and loss account
  
1,594,561
1,386,900

  
4,443,200
4,235,539


Page 1

 


DERRIFORD HOUSE LIMITED
REGISTERED NUMBER:03401163


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 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 by: 




J Knowles
Director

Date: 15 April 2025

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

Page 2

 


DERRIFORD HOUSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Derriford House Limited is a private company limited by shares incorporated in England and Wales. The registered office and principle place of business is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company and rounded to
the nearest £.

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

Turnover represents residents fees payable and rental income for the period. The company's trading activities are exempt from VAT.

  
2.3

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

 
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.

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:

Freehold property
-
2% on cost
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
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.

Page 3

 


DERRIFORD HOUSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted. No provision is made for deferred tax on gains recognised on revaluing property to its market value unless the company intends to sell the revalued assets.

  
2.6

Financial instruments

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 entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.


3.


Employees

The average monthly number of employees, including directors, during the year was 47 (2023 - 46).

Page 4

 


DERRIFORD HOUSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Land and buildings
Plant and machinery
Motor vehicles
Equipment
Total

£
£
£
£
£



Cost or valuation


At 1 August 2023
4,441,060
231,534
21,300
120,739
4,814,633


Additions
17,771
25,959
-
974
44,704


Disposals
-
(12,055)
(6,000)
(4,841)
(22,896)



At 31 July 2024

4,458,831
245,438
15,300
116,872
4,836,441



Depreciation


At 1 August 2023
533,010
189,286
20,726
115,591
858,613


Charge for the year on owned assets
72,792
14,137
144
1,280
88,353


Disposals
-
(11,378)
(6,000)
(4,230)
(21,608)



At 31 July 2024

605,802
192,045
14,870
112,641
925,358



Net book value



At 31 July 2024
3,853,029
53,393
430
4,231
3,911,083



At 31 July 2023
3,908,050
42,248
574
5,148
3,956,020

Page 5

 


DERRIFORD HOUSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
18,072
39,034

Amounts owed by group undertakings
1,742,464
1,742,464

Other debtors
1,125
1,131

Prepayments and accrued income
2,644
1,902

1,764,305
1,784,531



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
212,797
207,661

Trade creditors
(4,285)
(399)

Corporation tax
96,907
45,602

Other taxation and social security
11,056
9,525

Other creditors
85,439
75,868

Accruals and deferred income
13,533
13,533

415,447
351,790



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
1,443,423
1,591,929

1,443,423
1,591,929


Secured loans:
The bank loan is secured.
HSBC Bank Plc has made a charge on 31 July 2017 on freehold property.
HSBC Bank Plc has a charge made on 31 July 2017 on all property and undertaking of the company.
J Knowles has a charge made on 31 July 2017 on the freehold property.

Page 6

 


DERRIFORD HOUSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
212,797
207,661


212,797
207,661

Amounts falling due 1-2 years

Bank loans
214,898
209,925


214,898
209,925

Amounts falling due 2-5 years

Bank loans
633,839
618,009


633,839
618,009

Amounts falling due after more than 5 years

Bank loans
594,686
763,995

594,686
763,995

1,656,220
1,799,590



9.


Deferred taxation




2024


£






At beginning of year
(8,398)


Charged to profit or loss
2,994



At end of year
(5,404)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(5,404)
(8,398)

(5,404)
(8,398)

 
Page 7