Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312023-11-01false2false2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12932115 2023-11-01 2024-10-31 12932115 2022-11-01 2023-10-31 12932115 2024-10-31 12932115 2023-10-31 12932115 1 2023-11-01 2024-10-31 12932115 d:Director2 2023-11-01 2024-10-31 12932115 c:CurrentFinancialInstruments 2024-10-31 12932115 c:CurrentFinancialInstruments 2023-10-31 12932115 c:CurrentFinancialInstruments c:WithinOneYear 2024-10-31 12932115 c:CurrentFinancialInstruments c:WithinOneYear 2023-10-31 12932115 c:ShareCapital 2024-10-31 12932115 c:ShareCapital 2023-10-31 12932115 c:RetainedEarningsAccumulatedLosses 2024-10-31 12932115 c:RetainedEarningsAccumulatedLosses 2023-10-31 12932115 d:FRS102 2023-11-01 2024-10-31 12932115 d:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12932115 d:FullAccounts 2023-11-01 2024-10-31 12932115 d:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12932115 2 2023-11-01 2024-10-31 12932115 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 12932115










COURT BD LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
COURT BD LIMITED
 

CONTENTS



Page
Balance Sheet
 
1
Notes to the Financial Statements
 
2 - 4


 
COURT BD LIMITED
REGISTERED NUMBER: 12932115

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors
 4 
985,467
300,016

Cash at bank and in hand
  
274,431
1,176,271

  
1,259,898
1,476,287

Creditors: amounts falling due within one year
 5 
(1,266,826)
(1,485,102)

Net current liabilities
  
 
 
(6,928)
 
 
(8,815)

Total assets less current liabilities
  
(6,928)
(8,815)

  

Net liabilities
  
(6,928)
(8,815)


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
(6,938)
(8,825)

  
(6,928)
(8,815)


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 profit and loss account 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 June 2025.

A. Neale
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
COURT BD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Court BD Limited (the Company) 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, B1 1TT.

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 prepared the financial statements on a going concern basis. 
The directors consider this to be appropriate as they have received assurances from the holding company to the effect that they will continue to make funds available to the Company for the forseeable future and will continue to meet the Company's obligations as and when they fall due. If for any reason this does not continue to be the case, then the going concern basis may not be appropriate.

 
2.3

Revenue

Turnover comprises revenue recognised by the Company in respect of property sales completed during the period.

 
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

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.

Page 2

 
COURT BD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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
985,467
300,016



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
962,151
1,181,127

Corporation tax
700
-

Accruals and deferred income
303,975
303,975

1,266,826
1,485,102


Group creditors are secured against the assets of the Company.

Page 3

 
COURT BD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Post balance sheet events

The group  is currently in the process of negotiating the senior debt for the project going forward.
The director is confident that this process will be completed in the near future.
Should additional time be required contingency plans are in place to enable the company to continue on a going concern basis.


7.


Controlling party

The Company's parent undertaking is Brindley Drive Mid Co Limited. Its ultimate parent undertaking is Court Collaboration Holdings Limited.

 
Page 4