Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312023-09-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 1147214 2023-09-01 2024-08-31 1147214 2022-09-01 2023-08-31 1147214 2024-08-31 1147214 2023-08-31 1147214 c:Director3 2023-09-01 2024-08-31 1147214 d:Buildings 2023-09-01 2024-08-31 1147214 d:Buildings 2024-08-31 1147214 d:Buildings 2023-08-31 1147214 d:Buildings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 1147214 d:PlantMachinery 2023-09-01 2024-08-31 1147214 d:OfficeEquipment 2023-09-01 2024-08-31 1147214 d:OfficeEquipment 2024-08-31 1147214 d:OfficeEquipment 2023-08-31 1147214 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 1147214 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 1147214 d:CurrentFinancialInstruments 2024-08-31 1147214 d:CurrentFinancialInstruments 2023-08-31 1147214 d:Non-currentFinancialInstruments 2024-08-31 1147214 d:Non-currentFinancialInstruments 2023-08-31 1147214 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 1147214 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 1147214 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 1147214 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 1147214 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 1147214 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 1147214 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 1147214 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 1147214 d:ShareCapital 2024-08-31 1147214 d:ShareCapital 2023-08-31 1147214 d:RevaluationReserve 2024-08-31 1147214 d:RevaluationReserve 2023-08-31 1147214 d:InvestmentPropertiesRevaluationReserve 2023-09-01 2024-08-31 1147214 d:RetainedEarningsAccumulatedLosses 2024-08-31 1147214 d:RetainedEarningsAccumulatedLosses 2023-08-31 1147214 c:OrdinaryShareClass1 2023-09-01 2024-08-31 1147214 c:OrdinaryShareClass1 2024-08-31 1147214 c:OrdinaryShareClass1 2023-08-31 1147214 c:OrdinaryShareClass2 2023-09-01 2024-08-31 1147214 c:OrdinaryShareClass2 2024-08-31 1147214 c:OrdinaryShareClass2 2023-08-31 1147214 c:FRS102 2023-09-01 2024-08-31 1147214 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 1147214 c:FullAccounts 2023-09-01 2024-08-31 1147214 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 1147214 2 2023-09-01 2024-08-31 1147214 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 1147214









C & C SOUTHALL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
C & C SOUTHALL LIMITED
REGISTERED NUMBER: 1147214

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,442,722
1,448,763

Current assets
  

Debtors: amounts falling due within one year
 6 
13,984
10,983

Cash at bank and in hand
 7 
27,624
40,478

  
41,608
51,461

Creditors: amounts falling due within one year
 8 
(44,505)
(42,880)

Net current (liabilities)/assets
  
 
 
(2,897)
 
 
8,581

Total assets less current liabilities
  
1,439,825
1,457,344

Creditors: amounts falling due after more than one year
 9 
(3,000)
(7,000)

  

Net assets
  
1,436,825
1,450,344


Capital and reserves
  

Called up share capital 
 11 
12,002
12,002

Investment property revaluation reserve
 12 
1,024,698
1,024,698

Profit and loss account
 12 
400,125
413,644

  
1,436,825
1,450,344


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 income and retained earnings 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 17 March 2025.

Page 1

 
C & C SOUTHALL LIMITED
REGISTERED NUMBER: 1147214
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

D Southall
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
C & C SOUTHALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

C & C Southall Limited is a private company limited by shares and domiciled in England and Wales. The registered office is at Barns Farm, Nash Lane, Boraston, Tenbury Wells, Worcestshire WR15 8NB.

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 have considered the financial resources available along with the future plans for the Company when considering the going concern of the Company. After making enquiries, the directors have a reasonable expectation that the Company will have access to adequate resources to continue in operational existence for the foreseeable future given the cash balance and net assets. Accordingly, they continue to adopt the going concern basis in the preparation of the financial statements.

 
2.3

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.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
C & C SOUTHALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

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.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Investment property

 Investment property is carried at fair value determined by the directors. No depreciation is provided. Changes in fair value are recognised in the Statement of income and retained earnings

Page 4

 
C & C SOUTHALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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.

 
2.13

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.

 
2.14

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 3 (2023 - 3).

Page 5

 
C & C SOUTHALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


TANGIBLE FIXED ASSETS





Freehold properties
Plant and equipment
Total

£
£
£



Cost or valuation


At 1 September 2023
1,435,000
54,662
1,489,662


Additions
-
3,683
3,683



At 31 August 2024

1,435,000
58,345
1,493,345



Depreciation


At 1 September 2023
-
40,899
40,899


Charge for the year on owned assets
-
9,724
9,724



At 31 August 2024

-
50,623
50,623



Net book value



At 31 August 2024
1,435,000
7,722
1,442,722



At 31 August 2023
1,435,000
13,763
1,448,763


5.


Investment properties




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

2024
2023
£
£


Historic cost
410,302
410,302

Page 6

 
C & C SOUTHALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Debtors

2024
2023
£
£


Trade debtors
5,246
2,297

Other debtors
2,643
-

Prepayments and accrued income
6,095
8,686

13,984
10,983



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
27,624
40,478



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
4,000
4,000

Trade creditors
10,889
12,322

Corporation tax
5,447
10,895

Other taxation and social security
5,894
6,946

Other creditors
7,505
4,082

Accruals and deferred income
10,770
4,635

44,505
42,880



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
3,000
7,000


Page 7

 
C & C SOUTHALL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
4,000
4,000

Amounts falling due 1-2 years

Bank loans
3,000
4,000

Amounts falling due 2-5 years

Bank loans
-
3,000


7,000
11,000



11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



60,010 (2023 - 60,010) Ordinary shares of £0.01 each
600
600
1,140,190 (2023 - 1,140,190) Deferred shares of £0.01 each
11,402
11,402

12,002

12,002



12.


Reserves

Investment property revaluation reserve

This represents the difference betwen the valuation of the investment properties and their historic cost after providing for deferred tax where appropriate.The reserve is not available for distribution.


13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £1,707 (2023 - £1,526) . Contributions totalling £nil (2023 - £nil) were payable to the fund at the reporting date and are included in creditors

 
Page 8