Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-302023-05-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08504255 2023-05-01 2024-04-30 08504255 2022-04-30 2023-04-30 08504255 2024-04-30 08504255 2023-04-30 08504255 c:Director1 2023-05-01 2024-04-30 08504255 d:FurnitureFittings 2023-05-01 2024-04-30 08504255 d:FurnitureFittings 2024-04-30 08504255 d:FurnitureFittings 2023-04-30 08504255 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 08504255 d:FreeholdInvestmentProperty 2024-04-30 08504255 d:FreeholdInvestmentProperty 2023-04-30 08504255 d:CurrentFinancialInstruments 2024-04-30 08504255 d:CurrentFinancialInstruments 2023-04-30 08504255 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08504255 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08504255 d:ShareCapital 2024-04-30 08504255 d:ShareCapital 2023-04-30 08504255 d:RetainedEarningsAccumulatedLosses 2024-04-30 08504255 d:RetainedEarningsAccumulatedLosses 2023-04-30 08504255 c:OrdinaryShareClass1 2023-05-01 2024-04-30 08504255 c:OrdinaryShareClass1 2024-04-30 08504255 c:OrdinaryShareClass1 2023-04-30 08504255 c:FRS102 2023-05-01 2024-04-30 08504255 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08504255 c:FullAccounts 2023-05-01 2024-04-30 08504255 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08504255 4 2023-05-01 2024-04-30 08504255 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08504255









FAT ROCK LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
FAT ROCK LTD
REGISTERED NUMBER: 08504255

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
2,023
4,690

Investment property
 4 
728,103
728,103

  
730,126
732,793

Current assets
  

Debtors: amounts falling due within one year
 5 
14,508
63,875

Cash at bank and in hand
 6 
14,150
1,742

  
28,658
65,617

Creditors: amounts falling due within one year
 7 
(770,158)
(822,507)

Net current liabilities
  
 
 
(741,500)
 
 
(756,890)

Total assets less current liabilities
  
(11,374)
(24,097)

  

Net liabilities
  
(11,374)
(24,097)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(11,474)
(24,197)

  
(11,374)
(24,097)


Page 1

 
FAT ROCK LTD
REGISTERED NUMBER: 08504255
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 by: 




M Duspivova
Director

Date: 9 June 2025

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

Page 2

 
FAT ROCK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Fat Rock Ltd  is a private company limited by shares and incorporated in England & Wales (registered number: 08504255). The registered office of the company is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH
The financial statements are presented in Sterling, which is the functional currency of the company.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

Borrowing costs

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

 
2.4

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.

Page 3

 
FAT ROCK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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:

Fixtures and fittings
-
25%
Straight Line Method

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

 
2.10

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

 
FAT ROCK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 May 2023
12,159



At 30 April 2024

12,159



Depreciation


At 1 May 2023
7,469


Charge for the year on owned assets
2,667



At 30 April 2024

10,136



Net book value



At 30 April 2024
2,023



At 30 April 2023
4,690


4.


Investment property


Freehold investment property

£



Valuation


At 1 May 2023
728,103



At 30 April 2024
728,103

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




Page 5

 
FAT ROCK LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
25,877

Other debtors
14,508
37,998

14,508
63,875



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
14,150
1,742

14,150
1,742



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
172,739
113,268

Other creditors
593,819
693,418

Accruals and deferred income
3,600
15,821

770,158
822,507



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6