Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-282023-09-01falseProperty investment and management services34falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00678672 2023-09-01 2024-08-31 00678672 2022-09-01 2023-08-31 00678672 2024-08-31 00678672 2023-08-31 00678672 c:Director2 2023-09-01 2024-08-31 00678672 d:Buildings 2023-09-01 2024-08-31 00678672 d:Buildings 2024-08-31 00678672 d:Buildings 2023-08-31 00678672 d:Buildings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 00678672 d:Buildings d:ShortLeaseholdAssets 2023-09-01 2024-08-31 00678672 d:Buildings d:ShortLeaseholdAssets 2024-08-31 00678672 d:Buildings d:ShortLeaseholdAssets 2023-08-31 00678672 d:OfficeEquipment 2023-09-01 2024-08-31 00678672 d:OfficeEquipment 2024-08-31 00678672 d:OfficeEquipment 2023-08-31 00678672 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 00678672 d:ComputerEquipment 2023-09-01 2024-08-31 00678672 d:ComputerEquipment 2024-08-31 00678672 d:ComputerEquipment 2023-08-31 00678672 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 00678672 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 00678672 d:CurrentFinancialInstruments 2024-08-31 00678672 d:CurrentFinancialInstruments 2023-08-31 00678672 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 00678672 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 00678672 d:ShareCapital 2024-08-31 00678672 d:ShareCapital 2023-08-31 00678672 d:RetainedEarningsAccumulatedLosses 2024-08-31 00678672 d:RetainedEarningsAccumulatedLosses 2023-08-31 00678672 c:OrdinaryShareClass1 2023-09-01 2024-08-31 00678672 c:OrdinaryShareClass1 2024-08-31 00678672 c:OrdinaryShareClass1 2023-08-31 00678672 c:FRS102 2023-09-01 2024-08-31 00678672 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 00678672 c:FullAccounts 2023-09-01 2024-08-31 00678672 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 00678672 2 2023-09-01 2024-08-31 00678672 4 2023-09-01 2024-08-31 00678672 6 2023-09-01 2024-08-31 00678672 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 00678672









B.W. SMITH (PLEDGDON FARMS) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
B.W. SMITH (PLEDGDON FARMS) LTD
REGISTERED NUMBER: 00678672

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
481,276
491,096

Investments
 5 
120
120

  
481,396
491,216

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
21,093
41,214

Cash at bank and in hand
  
219,279
24,499

  
240,372
65,713

Creditors: amounts falling due within one year
 7 
(139,583)
(243,549)

NET CURRENT ASSETS/(LIABILITIES)
  
 
 
100,789
 
 
(177,836)

  

NET ASSETS
  
582,185
313,380


CAPITAL AND RESERVES
  

Called up share capital 
 8 
7,501
7,501

Profit and loss account
  
574,684
305,879

  
582,185
313,380


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.

Page 1

 
B.W. SMITH (PLEDGDON FARMS) LTD
REGISTERED NUMBER: 00678672
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

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 by: 




J R C Smith
Director

Date: 28 May 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
B.W. SMITH (PLEDGDON FARMS) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


GENERAL INFORMATION

B.W.Smith (Pledgdon Farms) Ltd is private company limited by shares and incorporated in England and Wales. Its registered office is Pledgdon Hall, Henham, Essex, CM22 6BJ.
The Company's functional and presentational currency is GBP. 

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 comprises rental income recognised by the Company during the year, exclusive of Value Added Tax.
Income from sale of services in respect of management fees is recognised on the date work is completed.

 
2.3

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

INTEREST INCOME

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

 
2.5

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.


 
2.6

EXCEPTIONAL ITEMS

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Page 3

 
B.W. SMITH (PLEDGDON FARMS) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.7

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:

Freehold property, excluding land
-
2%
straight line
Leasehold property
-
10%
straight line
Office equipment
-
33%
straight line
Computer 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.

 
2.8

VALUATION OF INVESTMENTS

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.9

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.

 
2.10

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.

 
2.11

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.

Page 4

 
B.W. SMITH (PLEDGDON FARMS) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
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 3 (2023 - 4).


4.


TANGIBLE FIXED ASSETS





Freehold property
Leasehold Property
Office equipment
Computer equipment
Total

£
£
£
£
£



COST OR VALUATION


At 1 September 2023
474,306
362,332
445
795
837,878


Additions
17,383
6,056
-
-
23,439


Disposals
(10,027)
-
-
-
(10,027)



At 31 August 2024

481,662
368,388
445
795
851,290



DEPRECIATION


At 1 September 2023
29,187
316,792
74
729
346,782


Charge for the year on owned assets
9,566
16,147
74
66
25,853


Disposals
(2,621)
-
-
-
(2,621)



At 31 August 2024

36,132
332,939
148
795
370,014



NET BOOK VALUE



At 31 August 2024
445,530
35,449
297
-
481,276



At 31 August 2023
445,119
45,540
371
66
491,096

Page 5

 
B.W. SMITH (PLEDGDON FARMS) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


FIXED ASSET INVESTMENTS





Unlisted investments

£



COST OR VALUATION


At 1 September 2023
120



At 31 August 2024
120





6.


DEBTORS

2024
2023
£
£


Trade debtors
6,574
10,068

Other debtors
13,162
27,283

Prepayments and accrued income
1,357
3,863

21,093
41,214



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
1,345
1,072

Corporation tax
91,115
4,133

Other creditors
29,143
229,757

Accruals and deferred income
17,980
8,587

139,583
243,549



8.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



7,501 (2023 - 7,501) Ordinary shares of £1.00 each
7,501
7,501


 
Page 6