Caseware UK (AP4) 2024.0.164 2024.0.164 false2023-10-01Rental22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05533114 2023-10-01 2024-09-30 05533114 2022-10-01 2023-09-30 05533114 2024-09-30 05533114 2023-09-30 05533114 c:Director1 2023-10-01 2024-09-30 05533114 d:FurnitureFittings 2023-10-01 2024-09-30 05533114 d:FurnitureFittings 2024-09-30 05533114 d:FurnitureFittings 2023-09-30 05533114 d:FreeholdInvestmentProperty 2024-09-30 05533114 d:FreeholdInvestmentProperty 2023-09-30 05533114 d:CurrentFinancialInstruments 2024-09-30 05533114 d:CurrentFinancialInstruments 2023-09-30 05533114 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05533114 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05533114 d:ShareCapital 2024-09-30 05533114 d:ShareCapital 2023-09-30 05533114 d:RetainedEarningsAccumulatedLosses 2024-09-30 05533114 d:RetainedEarningsAccumulatedLosses 2023-09-30 05533114 c:FRS102 2023-10-01 2024-09-30 05533114 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05533114 c:FullAccounts 2023-10-01 2024-09-30 05533114 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05533114 6 2023-10-01 2024-09-30 05533114 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 05533114










SANDYBOY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

For the Year Ended 30 September 2024

 
SANDYBOY LIMITED
Registered number: 05533114

BALANCE SHEET
As at 30 September 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
665,545
659,314

Investment property
 6 
3,030,676
3,030,676

  
3,696,221
3,689,990

Current assets
  

Cash at bank and in hand
 7 
157,735
105,992

  
157,735
105,992

Creditors: amounts falling due within one year
 8 
(1,511,030)
(1,503,085)

Net current liabilities
  
 
 
(1,353,295)
 
 
(1,397,093)

Total assets less current liabilities
  
2,342,926
2,292,897

  

Net assets
  
2,342,926
2,292,897


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
2,342,924
2,292,895

  
2,342,926
2,292,897


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 by: 




David John Mcdonald
Director

Page 1

 
SANDYBOY LIMITED
Registered number: 05533114

BALANCE SHEET (CONTINUED)
As at 30 September 2024

Date: 11 June 2025

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

Page 2

 
SANDYBOY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 September 2024

1.


General information

Sandyboy Limited ("the company") is a private company limited by shares, and is registered, domiciled and incorporated in England and Wales. The company registration number and registered office address are provided on the company information page.

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.

Rental income is recognised on a straight line basis over the lease term.

 
2.3

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.

 
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

 
SANDYBOY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 September 2024

2.Accounting policies (continued)

 
2.5

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 & fittings
-
Over 5 years

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.

 
2.6

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.

 
2.7

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 comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less 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.

 
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.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
SANDYBOY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 September 2024

4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 October 2023
22,877



At 30 September 2024

22,877



Depreciation


At 1 October 2023
22,877



At 30 September 2024

22,877



Net book value



At 30 September 2024
-



At 30 September 2023
-


5.


Fixed asset investments





Investments in associates

£



Cost or valuation


At 1 October 2023
659,314


Share of profit/(loss)
6,231



At 30 September 2024
665,545




Page 5

 
SANDYBOY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 30 September 2024

6.


Investment property


Freehold investment property

£



Valuation


At 1 October 2023
3,030,676



At 30 September 2024
3,030,676

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





7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
157,735
105,992

157,735
105,992



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
12,936
10,013

Other creditors
1,492,180
1,487,479

Accruals
5,914
5,593

1,511,030
1,503,085



Page 6