Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31Property investmentfalse2true2024-03-26truetrue 15594894 2024-03-25 15594894 2024-03-26 2025-03-31 15594894 2023-03-26 2024-03-25 15594894 2025-03-31 15594894 c:Director1 2024-03-26 2025-03-31 15594894 c:Director2 2024-03-26 2025-03-31 15594894 c:RegisteredOffice 2024-03-26 2025-03-31 15594894 d:FreeholdInvestmentProperty 2024-03-26 2025-03-31 15594894 d:FreeholdInvestmentProperty 2025-03-31 15594894 d:CurrentFinancialInstruments 2025-03-31 15594894 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 15594894 d:ShareCapital 2025-03-31 15594894 d:RetainedEarningsAccumulatedLosses 2025-03-31 15594894 c:OrdinaryShareClass1 2024-03-26 2025-03-31 15594894 c:OrdinaryShareClass1 2025-03-31 15594894 c:OrdinaryShareClass2 2024-03-26 2025-03-31 15594894 c:OrdinaryShareClass2 2025-03-31 15594894 c:OrdinaryShareClass3 2024-03-26 2025-03-31 15594894 c:OrdinaryShareClass3 2025-03-31 15594894 c:EntityHasNeverTraded 2024-03-26 2025-03-31 15594894 c:FRS102 2024-03-26 2025-03-31 15594894 c:AuditExemptWithAccountantsReport 2024-03-26 2025-03-31 15594894 c:FullAccounts 2024-03-26 2025-03-31 15594894 c:PrivateLimitedCompanyLtd 2024-03-26 2025-03-31 15594894 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-03-26 2025-03-31 15594894 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-03-31 15594894 e:PoundSterling 2024-03-26 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15594894









LITTLE CROFT STREET LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2025

 
LITTLE CROFT STREET LTD
 
 
COMPANY INFORMATION


Directors
Mrs S J Tchorzewski 
Mr S J Tchorzewski 




Registered number
15594894



Registered office
7 The Close

Norwich

Norfolk

NR1 4DJ




Accountants
MA Partners LLP
Chartered Accountants

7 The Close

Norwich

Norfolk

NR1 4DJ





 
LITTLE CROFT STREET LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 7


 
LITTLE CROFT STREET LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LITTLE CROFT STREET LTD
FOR THE PERIOD ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Little Croft Street Ltd for the period ended 31 March 2025 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Little Croft Street Ltd, as a body, in accordance with the terms of our engagement letter dated 8 April 2025Our work has been undertaken solely to prepare for your approval the financial statements of Little Croft Street Ltd and state those matters that we have agreed to state to the Board of directors of Little Croft Street Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Little Croft Street Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Little Croft Street Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Little Croft Street Ltd. You consider that Little Croft Street Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of Little Croft Street Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  





MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ

17 June 2025
Page 1

 
LITTLE CROFT STREET LTD
REGISTERED NUMBER: 15594894

BALANCE SHEET
AS AT 31 MARCH 2025

2025
Note
£

Fixed assets
  

Investment property
 3 
18,295

  
18,295

Current assets
  

Cash at bank and in hand
  
50

  
50

Creditors: amounts falling due within one year
 4 
(18,125)

Net current (liabilities)/assets
  
 
 
(18,075)

Total assets less current liabilities
  
220

  

Net assets
  
220


Capital and reserves
  

Called up share capital 
 5 
1,000

Profit and loss account
  
(780)

  
220


Page 2

 
LITTLE CROFT STREET LTD
REGISTERED NUMBER: 15594894
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

For the period ended 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the period 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.






Mrs S J Tchorzewski
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
LITTLE CROFT STREET LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

1.


General information

Little Croft Street Ltd is a United Kingdom company limited by shares. It is both incorporated and domiciled in England and Wales. The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ. 
The Company's principal activity is investment in property and the Company's principal place of activity is Norfolk.

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.

 
2.2

Investment property

IInvestment property is carried at fair value determined annually by the directors 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.

 
2.3

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.

 
2.4

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.

 
2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
Page 4

 
LITTLE CROFT STREET LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.5
Financial instruments (continued)


Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
 

Page 5

 
LITTLE CROFT STREET LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.5
Financial instruments (continued)

Derecognition of financial instruments

Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Investment property


Freehold investment property

£



Valuation


Additions at cost
18,295



At 31 March 2025
18,295

The 2025 valuations were made by the directors.








4.


Creditors: Amounts falling due within one year

2025
£

Amounts owed to group undertakings
1,326

Other creditors
16,019

Accruals and deferred income
780

18,125


Page 6

 
LITTLE CROFT STREET LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

5.


Share capital

2025
£
Allotted, called up and fully paid


400 A Ordinary shares of £1.00 each
400
400 B Ordinary shares of £1.00 each
400
200 Ordinary shares of £1.00 each
200

1,000


During the period 400 A Ordinary shares, 400 B Ordinary shares and 200 Ordinary shares were issued at par.


6.


Related party transactions

As at 31 March 2025, the Company owed the directors £16,019.

 
Page 7