Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30falsetruetrue2023-10-01false22The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11555104 2023-10-01 2024-09-30 11555104 2022-10-01 2023-09-30 11555104 2024-09-30 11555104 2023-09-30 11555104 c:Director1 2023-10-01 2024-09-30 11555104 d:CurrentFinancialInstruments 2024-09-30 11555104 d:CurrentFinancialInstruments 2023-09-30 11555104 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 11555104 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 11555104 d:ShareCapital 2024-09-30 11555104 d:ShareCapital 2023-09-30 11555104 d:RetainedEarningsAccumulatedLosses 2024-09-30 11555104 d:RetainedEarningsAccumulatedLosses 2023-09-30 11555104 c:FRS102 2023-10-01 2024-09-30 11555104 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11555104 c:FullAccounts 2023-10-01 2024-09-30 11555104 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11555104 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 11555104










COURT IC LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
COURT IC LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 3


 
COURT IC LIMITED
REGISTERED NUMBER: 11555104

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
11,643,614
10,070,002

Debtors
 4 
321,928
321,350

Cash at bank and in hand
  
17,009
13,044

  
11,982,551
10,404,396

Creditors: amounts falling due within one year
 5 
(12,351,986)
(10,766,176)

Net current liabilities
  
 
 
(369,435)
 
 
(361,780)

Total assets less current liabilities
  
(369,435)
(361,780)

  

Net liabilities
  
(369,435)
(361,780)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(369,436)
(361,781)

  
(369,435)
(361,780)


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 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 16 June 2025.

A McCourt
Director

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

Page 1

 
COURT IC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Court IC Limited is a private company, limited by shares, incorporated and domiciled in England. The address of its registered office is 23rd Floor Alpha Tower, Suffolk Street Queensway, Birmingham, United Kingdom, B1 1TT, which is also the address of its principal place of business. 

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 company is dependant upon a loan from a third party. The third party has indicated that they will continue to provide the financial support necessary to enable the company to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on the going concern basis.

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of property sales completed during the year.

 
2.4

Stocks

The development in progress is valued at cost. Cost includes finance and direct costs.

 
2.5

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.

 
2.6

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.

 
2.7

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 2

 
COURT IC LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.


3.


Employees



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


4.


Debtors

2024
2023
£
£


Other debtors
321,927
321,349

Called up share capital not paid
1
1

321,928
321,350



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
5,278
46,590

Other creditors
12,341,858
10,715,559

Accruals and deferred income
4,850
4,027

12,351,986
10,766,176


 
Page 3