Caseware UK (AP4) 2024.0.164 2024.0.164 2024-05-312024-05-312025-05-092023-06-011falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13419315 2023-06-01 2024-05-31 13419315 2022-06-01 2023-05-31 13419315 2024-05-31 13419315 2023-05-31 13419315 c:Director1 2023-06-01 2024-05-31 13419315 d:CurrentFinancialInstruments 2024-05-31 13419315 d:CurrentFinancialInstruments 2023-05-31 13419315 d:Non-currentFinancialInstruments 2024-05-31 13419315 d:Non-currentFinancialInstruments 2023-05-31 13419315 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 13419315 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13419315 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 13419315 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 13419315 d:ShareCapital 2024-05-31 13419315 d:ShareCapital 2023-05-31 13419315 d:RetainedEarningsAccumulatedLosses 2024-05-31 13419315 d:RetainedEarningsAccumulatedLosses 2023-05-31 13419315 c:FRS102 2023-06-01 2024-05-31 13419315 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13419315 c:FullAccounts 2023-06-01 2024-05-31 13419315 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13419315 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 13419315









RHODOS PROPERTIES (NO4) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
RHODOS PROPERTIES (NO4) LIMITED
REGISTERED NUMBER: 13419315

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 4 
872,341
752,403

Debtors: amounts falling due within one year
 5 
23,913
-

  
896,254
752,403

Creditors: amounts falling due within one year
 6 
(329,616)
(754,103)

Net current assets/(liabilities)
  
 
 
566,638
 
 
(1,700)

Total assets less current liabilities
  
566,638
(1,700)

Creditors: amounts falling due after more than one year
 7 
(560,000)
-

  

Net assets/(liabilities)
  
6,638
(1,700)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
6,538
(1,800)

  
6,638
(1,700)


Page 1

 
RHODOS PROPERTIES (NO4) LIMITED
REGISTERED NUMBER: 13419315
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 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 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 9 May 2025.




F Roberts
Director

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

Page 2

 
RHODOS PROPERTIES (NO4) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Rhodos Properties (NO4) Limited is a private company, limited by shares and incorporated in England and Wales (registered number 13419315). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, 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

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 3

 
RHODOS PROPERTIES (NO4) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
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

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.


3.


Employees




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


4.


Stocks

2024
2023
£
£

Inventory stock
872,341
752,403

872,341
752,403



5.


Debtors

2024
2023
£
£


Other debtors
1,988
-

Accrued income
21,925
-

23,913
-


Page 4

 
RHODOS PROPERTIES (NO4) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
22,228
87,381

Amounts owed to group undertakings
302,063
664,922

Accruals and deferred income
5,325
1,800

329,616
754,103



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
560,000
-

560,000
-


 
Page 5