Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-312025-05-26The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Rental of a property2024-01-01false11truetruefalse 09363001 2024-01-01 2024-12-31 09363001 2023-01-01 2023-12-31 09363001 2024-12-31 09363001 2023-12-31 09363001 2023-01-01 09363001 c:Director2 2024-01-01 2024-12-31 09363001 c:RegisteredOffice 2024-01-01 2024-12-31 09363001 d:CurrentFinancialInstruments 2024-12-31 09363001 d:CurrentFinancialInstruments 2023-12-31 09363001 d:Non-currentFinancialInstruments 2024-12-31 09363001 d:Non-currentFinancialInstruments 2023-12-31 09363001 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09363001 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09363001 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 09363001 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 09363001 d:ShareCapital 2024-12-31 09363001 d:ShareCapital 2023-12-31 09363001 d:ShareCapital 2023-01-01 09363001 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 09363001 d:RetainedEarningsAccumulatedLosses 2024-12-31 09363001 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 09363001 d:RetainedEarningsAccumulatedLosses 2023-12-31 09363001 d:RetainedEarningsAccumulatedLosses 2023-01-01 09363001 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 09363001 d:TaxLossesCarry-forwardsDeferredTax 2023-12-31 09363001 c:FRS102 2024-01-01 2024-12-31 09363001 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09363001 c:FullAccounts 2024-01-01 2024-12-31 09363001 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09363001 2 2024-01-01 2024-12-31 09363001 6 2024-01-01 2024-12-31 09363001 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 09363001









HALAMAR (WELLINGTON COURT) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
COMPANY INFORMATION


Director
T S Harman 




Registered number
09363001



Registered office
53 Penn Road

Beaconsfield

Buckinghamshire

HP9 2LW





 
HALAMAR (WELLINGTON COURT) LIMITED
REGISTERED NUMBER: 09363001

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1
1

  
1
1

Current assets
  

Stocks
  
1,717,670
1,717,670

Debtors: amounts falling due within one year
 5 
1,746,646
1,593,886

Cash at bank and in hand
 6 
152,423
258,274

  
3,616,739
3,569,830

Creditors: amounts falling due within one year
 7 
(135,316)
(99,049)

Net current assets
  
 
 
3,481,423
 
 
3,470,781

Total assets less current liabilities
  
3,481,424
3,470,782

Creditors: amounts falling due after more than one year
 8 
(2,420,000)
(2,420,000)

Net assets
  
1,061,424
1,050,782


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,061,324
1,050,682

  
1,061,424
1,050,782


Page 1

 
HALAMAR (WELLINGTON COURT) LIMITED
REGISTERED NUMBER: 09363001
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 26 May 2025.

T S Harman
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 2

 
HALAMAR (WELLINGTON COURT) LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
100
1,138,796
1,138,896


Comprehensive income for the year

Loss for the year
-
(12,114)
(12,114)


Contributions by and distributions to owners

Dividends: Equity capital
-
(76,000)
(76,000)



At 1 January 2024
100
1,050,682
1,050,782


Comprehensive income for the year

Profit for the year
-
40,642
40,642


Contributions by and distributions to owners

Dividends: Equity capital
-
(30,000)
(30,000)


At 31 December 2024
100
1,061,324
1,061,424


The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Company is a limited liability company incorporated in England.  Its registered office is situated at 53 Penn Road, Beaconsfield, Buckinghamshire, HP9 2LW.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover 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 turnover 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

Interest income

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

Page 4

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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 balance sheet 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.

 
2.7

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.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 5

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Page 6

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.11
Financial instruments (continued)

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Other financial instruments

Derivatives, including forward exchange contracts, futures contracts and interest rate swaps, are not classified as basic financial instruments. These are initially recognised at fair value on the date the derivative contract is entered into, with costs being charged to the profit or loss. They are subsequently measured at fair value with changes in the profit or loss.

Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. This recognition and measurement would also apply to financial instruments where the performance is evaluated on a fair value basis as with a documented risk management or investment strategy.

Derecognition of financial instruments

Derecognition of financial assets

Page 7

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.11
Financial instruments (continued)

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
1



At 31 December 2024
1




The Company holds 100% of the ordinary share capital of Wellington Crt (2456) Limited.

Page 8

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
1,657,707
1,527,396

Other debtors
87,680
45,017

Deferred taxation
1,259
21,473

1,746,646
1,593,886


Amounts owed by group undertakings are unsecured, interest free and have no fixed terms of repayment.


6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
152,423
258,274

152,423
258,274



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
119,316
99,049

Accruals and deferred income
16,000
-

135,316
99,049



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
2,420,000
2,420,000

2,420,000
2,420,000


Other creditors are amounts due to the director of the Company. The amounts are unsecured, interest free and will not be repaid until the resources of the Company allow.

Page 9

 
HALAMAR (WELLINGTON COURT) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Deferred taxation




2024


£






At beginning of year
21,473


Utilised in year
(20,214)



At end of year
1,259

The deferred tax asset is made up as follows:

2024
2023
£
£


Tax losses carried forward
1,259
21,473

1,259
21,473

Page 10