Caseware UK (AP4) 2023.0.135 2023.0.135 2025-05-2002023-09-06falseNo description of principal activity0falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15120936 2023-09-05 15120936 2023-09-06 2024-09-30 15120936 2022-09-06 2023-09-05 15120936 2024-09-30 15120936 c:Director1 2023-09-06 2024-09-30 15120936 d:LeaseholdInvestmentProperty 2023-09-06 2024-09-30 15120936 d:LeaseholdInvestmentProperty 2024-09-30 15120936 d:CurrentFinancialInstruments 2024-09-30 15120936 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15120936 d:ShareCapital 2024-09-30 15120936 d:RetainedEarningsAccumulatedLosses 2024-09-30 15120936 c:FRS102 2023-09-06 2024-09-30 15120936 c:AuditExempt-NoAccountantsReport 2023-09-06 2024-09-30 15120936 c:FullAccounts 2023-09-06 2024-09-30 15120936 c:PrivateLimitedCompanyLtd 2023-09-06 2024-09-30 15120936 e:PoundSterling 2023-09-06 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 15120936










FIRSTWAY 168 LTD








Unaudited

Financial statements

Information for filing with the registrar

For the Period Ended 30 September 2024

 
FIRSTWAY 168 LTD
Registered number: 15120936

Balance sheet
As at 30 September 2024

2024
Note
£

Fixed assets
  

Investment property
 4 
1,000,000

  
1,000,000

Current assets
  

Debtors: amounts falling due within one year
 5 
24,200

Cash at bank and in hand
 6 
3,808

  
28,008

Creditors: amounts falling due within one year
 7 
(999,595)

Net current (liabilities)/assets
  
 
 
(971,587)

Total assets less current liabilities
  
28,413

  

Net assets
  
28,413


Capital and reserves
  

Called up share capital 
  
2

Profit and loss account
  
28,411

  
28,413


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 period 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 20 May 2025.




Page 1

 
FIRSTWAY 168 LTD
Registered number: 15120936
    
Balance sheet (continued)
As at 30 September 2024

M Moskowits
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
FIRSTWAY 168 LTD
 
 
 
Notes to the financial statements
For the Period Ended 30 September 2024

1.


General information

Firstway 168 Ltd is a private company limited by shares and registered in England and Wales. The registered address is at 166 Stamford Hill, London, N16 6QX.

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

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 balance sheet date in the countries where the Company operates and generates income.


 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 3

 
FIRSTWAY 168 LTD
 
 
 
Notes to the financial statements
For the Period Ended 30 September 2024

3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.

The average monthly number of employees, including directors, during the period was 0.


4.


Investment property


Long term leasehold investment property

£



Valuation


Additions at cost
1,000,000



At 30 September 2024
1,000,000

The 2024 valuations were made by the director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
£


Historic cost
1,000,000

1,000,000


5.


Debtors

2024
£


Trade debtors
24,200

24,200


Page 4

 
FIRSTWAY 168 LTD
 
 
 
Notes to the financial statements
For the Period Ended 30 September 2024

6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
3,808

3,808



7.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
9,470

Other creditors
989,525

Accruals and deferred income
600

999,595


 
Page 5