Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312025-05-122023-09-01falsefalseNo description of principal activity00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09533330 2023-09-01 2024-08-31 09533330 2022-09-01 2023-08-31 09533330 2024-08-31 09533330 2023-08-31 09533330 c:Director1 2023-09-01 2024-08-31 09533330 c:Director1 2024-08-31 09533330 c:Director2 2023-09-01 2024-08-31 09533330 c:Director2 2024-08-31 09533330 c:RegisteredOffice 2023-09-01 2024-08-31 09533330 d:FreeholdInvestmentProperty 2023-09-01 2024-08-31 09533330 d:FreeholdInvestmentProperty 2024-08-31 09533330 d:FreeholdInvestmentProperty 2023-08-31 09533330 d:CurrentFinancialInstruments 2024-08-31 09533330 d:CurrentFinancialInstruments 2023-08-31 09533330 d:Non-currentFinancialInstruments 2024-08-31 09533330 d:Non-currentFinancialInstruments 2023-08-31 09533330 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09533330 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09533330 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 09533330 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 09533330 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 09533330 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 09533330 d:ShareCapital 2024-08-31 09533330 d:ShareCapital 2023-08-31 09533330 d:RetainedEarningsAccumulatedLosses 2024-08-31 09533330 d:RetainedEarningsAccumulatedLosses 2023-08-31 09533330 c:FRS102 2023-09-01 2024-08-31 09533330 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09533330 c:FullAccounts 2023-09-01 2024-08-31 09533330 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09533330 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 09533330









AITCH RESIDENTIAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
AITCH RESIDENTIAL LIMITED
 
 
COMPANY INFORMATION


Directors
Christopher John Spires (appointed 15 November 2017)
Chelsea Reynolds (appointed 15 August 2019)




Registered number
09533330



Registered office
First Floor Kirkdale House
7 Kirkdale Road

Leytonstone

E11 1HP





 
AITCH RESIDENTIAL LIMITED
 

CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5


 
AITCH RESIDENTIAL LIMITED
REGISTERED NUMBER: 09533330

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 3 
3,710,252
3,620,556

  
3,710,252
3,620,556

Current assets
  

Debtors: amounts falling due within one year
 4 
8,457
9,225

Cash at bank and in hand
 5 
2,138
108,015

  
10,595
117,240

Creditors: amounts falling due within one year
 6 
(1,818,828)
(1,803,383)

Net current liabilities
  
 
 
(1,808,233)
 
 
(1,686,143)

Total assets less current liabilities
  
1,902,019
1,934,413

Creditors: amounts falling due after more than one year
 7 
(1,954,107)
(1,953,047)

  

Net liabilities
  
(52,088)
(18,634)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(52,188)
(18,734)

  
(52,088)
(18,634)


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 on 12 May 2025.

Page 1

 
AITCH RESIDENTIAL LIMITED
REGISTERED NUMBER: 09533330
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024


................................................
Christopher John Spires
Director

Page 2

 
AITCH RESIDENTIAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Aitch Residential Limited is a limited company domiciled and incorporated in England & Wales. The registered office is First floor Kirkdale House, Kirkdale Road, Leytonstone, London E11 1HP. 

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 directors believe that the company will be able to continue to operate and meet its liabilities as they fall due for a period of at least one year from the date of approval of the financial statements. The financial statements have therefore been prepared on a going concern basis.

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of rent receivable exclusive of VAT. 

 
2.4

Current and deferred 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.


 
2.5

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at its fair value as the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. The Company annually then transfers out of the Profit and Loss account to the Investment Property reserve, the net gain or loss, inclusive of the movement in Deferred tax to ensure the unrealised amounts are separately shown in the balance sheet. 

 
2.6

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

Page 3

 
AITCH RESIDENTIAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Investment property


Freehold investment property

£



Valuation


At 1 September 2023
3,620,556


Additions at cost
89,696



At 31 August 2024
3,710,252

The 2024 valuations were made by internally, by a MRICS (Member of Royal Institute of Charetered Surveyors) , on an open market value for existing use basis.



At 31 August 2024





4.


Debtors

2024
2023
£
£


Trade debtors
1,274
1,600

Other debtors
100
100

Prepayments and accrued income
7,083
7,525

8,457
9,225



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,138
108,015

2,138
108,015


Page 4

 
AITCH RESIDENTIAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,031
4,537

Other creditors
1,759,589
1,754,649

Accruals and deferred income
58,208
44,197

1,818,828
1,803,383



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
1,954,857
1,954,857

Net obligations under finance leases and hire purchase contracts
(750)
(1,810)

1,954,107
1,953,047


Bank loans are secured over the Company's investment property. The aggregate amount of secured liabilities is £1,954,857 (2023: £1,954,857). 


8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£



Amounts falling due 2-5 years

Bank loans
1,954,857
1,954,857


1,954,857
1,954,857


1,954,857
1,954,857



9.


Related party transactions

At the year end £175,589 (2023: £1,749,489) was due to a company in which a director is the ultimate controlling party.

Page 5