Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-310falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-03-01false0 14698169 2023-02-28 14698169 2023-03-01 2024-08-31 14698169 2022-03-01 2023-02-28 14698169 2024-08-31 14698169 c:Director1 2023-03-01 2024-08-31 14698169 c:Director1 2024-08-31 14698169 c:RegisteredOffice 2023-03-01 2024-08-31 14698169 d:CurrentFinancialInstruments 2024-08-31 14698169 d:Non-currentFinancialInstruments 2024-08-31 14698169 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 14698169 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 14698169 d:ShareCapital 2023-03-01 2024-08-31 14698169 d:ShareCapital 2024-08-31 14698169 c:FRS102 2023-03-01 2024-08-31 14698169 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-08-31 14698169 c:FullAccounts 2023-03-01 2024-08-31 14698169 c:PrivateLimitedCompanyLtd 2023-03-01 2024-08-31 14698169 e:PoundSterling 2023-03-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 14698169









IPE CHESHAM LIMITED







UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2024

 
IPE CHESHAM LIMITED
 
 
COMPANY INFORMATION


Director
Joshua Daniel Reuben (appointed 1 March 2023)




Registered number
14698169



Registered office
22 Gilbert Street

London

W1K 5HD




Trading Address







 
IPE CHESHAM LIMITED
 

CONTENTS



Page
Director's report
Profit and loss account
1
Balance sheet
2
Statement of changes in equity
3
Notes to the financial statements
4 - 6

Principal activity

Enter the Company's principal activity here...


 
IPE CHESHAM LIMITED
 
 
PROFIT AND LOSS ACCOUNT
FOR THE PERIOD ENDED 31 AUGUST 2024

Note

  

Profit for the financial Period
  

The notes on pages 4 to 6 form part of these financial statements.

Page 1

 
IPE CHESHAM LIMITED
REGISTERED NUMBER: 14698169

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
Note
£

  

Current assets
  

Stocks
 4 
66,177

Debtors: amounts falling due within one year
 5 
7,835

Cash at bank and in hand
 6 
82

  
74,094

Creditors: amounts falling due within one year
  
(5,700)

Net current assets
  
 
 
68,394

Total assets less current liabilities
  
68,394

Creditors: amounts falling due after more than one year
 8 
(68,294)

  

Net assets
  
100


Capital and reserves
  

Called up share capital 
  
100

  
100


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 Period 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the 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 22 June 2025.




Joshua Daniel Reuben
Director

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
IPE CHESHAM LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 AUGUST 2024


Called up share capital
Total equity

£
£


Other comprehensive income for the Period
-
-


Total comprehensive income for the Period
-
-


Contributions by and distributions to owners

Shares issued during the Period
100
100


Total transactions with owners
100
100


At 31 August 2024
100
100

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
IPE CHESHAM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.


General information

Buying and selling of own real estate

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

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 4

 
IPE CHESHAM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

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.

 
2.5

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.

 
2.6

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 Company has no employees other than the directors, who did not receive any remuneration.


4.


Stocks

2024
£

Work in progress (goods to be sold)
66,177

66,177



5.


Debtors

2024
£


Amounts owed by group undertakings
7,835
Page 5

 
IPE CHESHAM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

5.Debtors (continued)


7,835



6.


Cash and cash equivalents

2024
£

Cash at bank and in hand
82

82



7.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
5,700

5,700



8.


Creditors: Amounts falling due after more than one year

2024
£

Amounts owed to group undertakings
31,071

Amounts owed to joint ventures
37,223

68,294



9.


Related party transactions

As at the reporting date, the ultimate parent company, IPE Group (Holdings) Ltd was owed by £31,071


10.


Controlling party

The ultimate controlling interst is the parent company IPE Group (Holdings) Limited, The ultimate
controlling party is Mohammed Adnan Imam by virtue of his shareholding in the parent company IPE
Group (Holdings) Limited.

Page 6