Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302025-05-20falseLetting of real estate.The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2023-10-01false22true 11728234 2023-10-01 2024-09-30 11728234 2022-10-01 2023-09-30 11728234 2024-09-30 11728234 2023-09-30 11728234 c:Director1 2023-10-01 2024-09-30 11728234 d:FreeholdInvestmentProperty 2024-09-30 11728234 d:FreeholdInvestmentProperty 2023-09-30 11728234 d:CurrentFinancialInstruments 2024-09-30 11728234 d:CurrentFinancialInstruments 2023-09-30 11728234 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 11728234 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 11728234 d:ShareCapital 2024-09-30 11728234 d:ShareCapital 2023-09-30 11728234 d:RetainedEarningsAccumulatedLosses 2024-09-30 11728234 d:RetainedEarningsAccumulatedLosses 2023-09-30 11728234 c:FRS102 2023-10-01 2024-09-30 11728234 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11728234 c:FullAccounts 2023-10-01 2024-09-30 11728234 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11728234 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 11728234









PR 2018 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
PR 2018 LIMITED
REGISTERED NUMBER: 11728234

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
105,700
105,700

  
105,700
105,700

  

Creditors: amounts falling due within one year
 5 
(29,332)
(55,682)

Net current liabilities
  
 
 
(29,332)
 
 
(55,682)

Total assets less current liabilities
  
76,368
50,018

  

Net assets
  
76,368
50,018


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
76,268
49,918

  
76,368
50,018


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 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.




................................................
P J Regis
Director

The notes on pages 3 to 4 form part of these financial statements.
Page 1

 
PR 2018 LIMITED
REGISTERED NUMBER: 11728234
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024


Page 2

 
PR 2018 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

PR 2018 Limited is a company limited by shares, incorporated in England and Wales.
The principal activity of the company is that of property investment.

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

 
PR 2018 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

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 2 (2023 - 2).


4.


Investment property


Freehold investment property

£



Valuation


At 1 October 2023
105,700



At 30 September 2024
105,700

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





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
5,151
43,318

Corporation tax
8,540
8,671

Other creditors
10,625
-

Accruals and deferred income
5,016
3,693

29,332
55,682



6.


Related party transactions

At the year end, the company owed £5,151 (2023: £43,318) to entities under common control. 

 
Page 4