Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-192023-09-01lettings and property investmentsfalsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false11 09433985 2023-09-01 2024-08-31 09433985 2022-09-01 2023-08-31 09433985 2024-08-31 09433985 2023-08-31 09433985 c:Director1 2023-09-01 2024-08-31 09433985 d:LeaseholdInvestmentProperty 2024-08-31 09433985 d:LeaseholdInvestmentProperty 2023-08-31 09433985 d:CurrentFinancialInstruments 2024-08-31 09433985 d:CurrentFinancialInstruments 2023-08-31 09433985 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09433985 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09433985 d:ShareCapital 2024-08-31 09433985 d:ShareCapital 2023-08-31 09433985 d:RetainedEarningsAccumulatedLosses 2024-08-31 09433985 d:RetainedEarningsAccumulatedLosses 2023-08-31 09433985 c:OrdinaryShareClass1 2023-09-01 2024-08-31 09433985 c:OrdinaryShareClass1 2024-08-31 09433985 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09433985 c:FullAccounts 2023-09-01 2024-08-31 09433985 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09433985 c:Micro-entities 2023-09-01 2024-08-31 09433985 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure



Company Registration No. 09433985 (England and Wales)







S R C INVESTMENTS LIMITED

UNAUDITED
FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024




































Riordan O'Sullivan & Co
Chartered Certified Accountants
40 Chamberlayne Road
London
NW10 3JE

 
S R C INVESTMENTS LIMITED
REGISTERED NUMBER:09433985

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 3 
144,195
144,195

  
144,195
144,195

Current assets
  

Cash at bank and in hand
  
90,264
77,775

  
90,264
77,775

Creditors: amounts falling due within one year
 4 
(150,083)
(149,635)

Net current liabilities
  
 
 
(59,819)
 
 
(71,860)

Total assets less current liabilities
  
84,376
72,335

  

Net assets
  
84,376
72,335


Capital and reserves
  

Called up share capital 
 5 
1
1

Profit and loss account
  
84,375
72,334

  
84,376
72,335



Director's confirmations

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.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the 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 19 May 2025.

___________________________
Sean Corcoran
Director

Page 1

 
S R C INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

S R C Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 40 Chamberlayne Road, London, NW10 3JE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies are set out below.

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Turnover

Turnover represents the total invoice value, excluding value added tax, of rent received or receivable during the period.

 
2.4

Interest income

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

 
2.5

Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it exclude items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.



 
2.6

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

Page 2

 
S R C INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Investment property


Investment property

£



Valuation


At 1 September 2023
144,195



At 31 August 2024
144,195

The director considers that the carrying amount of the investment property approximates to its fair value at the year end.




4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to related undertakings
5,459
5,031

Corporation tax
2,825
2,805

Other creditors
141,799
141,799

150,083
149,635



5.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



1 Ordinary share of £1
1
1


 
Page 3