Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-3112024-04-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14543934 2024-04-01 2025-03-31 14543934 2022-12-15 2024-03-31 14543934 2025-03-31 14543934 2024-03-31 14543934 c:Director1 2024-04-01 2025-03-31 14543934 c:RegisteredOffice 2024-04-01 2025-03-31 14543934 d:FurnitureFittings 2024-04-01 2025-03-31 14543934 d:FurnitureFittings 2025-03-31 14543934 d:FurnitureFittings 2024-03-31 14543934 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14543934 d:ComputerEquipment 2024-04-01 2025-03-31 14543934 d:ComputerEquipment 2025-03-31 14543934 d:ComputerEquipment 2024-03-31 14543934 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14543934 d:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 14543934 d:OtherPropertyPlantEquipment 2025-03-31 14543934 d:OtherPropertyPlantEquipment 2024-03-31 14543934 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14543934 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14543934 d:CurrentFinancialInstruments 2025-03-31 14543934 d:CurrentFinancialInstruments 2024-03-31 14543934 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 14543934 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14543934 d:ShareCapital 2025-03-31 14543934 d:ShareCapital 2024-03-31 14543934 d:SharePremium 2025-03-31 14543934 d:SharePremium 2024-03-31 14543934 d:RetainedEarningsAccumulatedLosses 2025-03-31 14543934 d:RetainedEarningsAccumulatedLosses 2024-03-31 14543934 c:OrdinaryShareClass1 2024-04-01 2025-03-31 14543934 c:OrdinaryShareClass1 2025-03-31 14543934 c:OrdinaryShareClass1 2024-03-31 14543934 c:FRS102 2024-04-01 2025-03-31 14543934 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14543934 c:FullAccounts 2024-04-01 2025-03-31 14543934 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14543934 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure


Registered number: 14543934












CS & CO HOSPITALITY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

 

CS & CO HOSPITALITY LIMITED

CONTENTS



Page
Company information
 
1
Balance sheet
 
2
Notes to the financial statements
 
3 - 8

 

CS & CO HOSPITALITY LIMITED
 
COMPANY INFORMATION


Director
C Smyth 




Registered number
14543934



Registered office
92 Kensington Park Road

London

United Kingdom

W11 2PN




Accountants
Blick Rothenberg Limited
Chartered Accountants

16 Great Queen Street

Covent Garden

London

WC2B 5AH




Page 1


 
REGISTERED NUMBER:14543934
CS & CO HOSPITALITY LIMITED

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
133,751
-

Current assets
  

Stocks
 5 
24,222
-

Debtors: amounts falling due within one year
 6 
139,214
100,400

Cash at bank and in hand
  
182,725
-

  
346,161
100,400

Creditors: amounts falling due within one year
 7 
(551,947)
-

Net current liabilities
  
 
 
(205,786)
 
 
100,400

  

Net liabilities
  
(72,035)
100,400


Capital and reserves
  

Called up share capital 
 8 
500
500

Share premium account
  
99,900
99,900

Profit and loss account
  
(172,435)
-

Net deficit
  
(72,035)
100,400


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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and signed by the sole director.


C Smyth
Director

Date: 10 July 2025

Page 2

 

CS & CO HOSPITALITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

CS & CO Hospitality Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office is 92 Kensington Park Road, London, United Kingdom, W11 2PN.
The prior period figures represent the results for 16 months from 15 December 2022 (incorporation) to 31 March 2024. For this reason the current year and prior period are not entirely comparable.
The financial statements are presented in sterling (£), which is the financial currency of the company. Monetary amounts are rounded to the nearest £.

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 financial statements have been prepared on a going concern basis notwithstanding the fact that the company has a deficiency on total equity at the end of the year. The directors consider this basis to be appropriate as the company has sufficient facilities available from its shareholders to fund its working capital requirements for a period of at least twelve months from the date these financial statements were approved.

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

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.

Page 3

 

CS & CO HOSPITALITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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 and fittings
-
33%
Computer equipment
-
20%
Assets under construction
-
7%

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.


2.5

Financial instruments

The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. 

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 deducting all of its liabilities. 
 
The company’s policies for its major classes of financial assets and financial liabilities are set out below. 

Financial assets
Basic financial assets, including trade and other debtors, cash and bank balances  are initially recognised at transaction price, 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 for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.

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

Page 4

 

CS & CO HOSPITALITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)




Financial instruments (continued)

Impairment of financial assets
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. 

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date. 

For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets and financial liabilities
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. 
 
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Offsetting of financial assets and financial liabilities
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.6

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.

Page 5

 

CS & CO HOSPITALITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.7

Cash in hand

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

  
2.8

Share capital

Ordinary shares are classified as equity.

 
2.9

Taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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.
Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years.
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.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
 
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2024 -1).

Page 6

 

CS & CO HOSPITALITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Assets under construction
Total

£
£
£
£



Cost


Additions
35,000
1,433
97,390
133,823



At 31 March 2025

35,000
1,433
97,390
133,823



Depreciation


Charge for the year 
-
72
-
72



At 31 March 2025

-
72
-
72



Net book value



At 31 March 2025
35,000
1,361
97,390
133,751



At 31 March 2024
-
-
-
-


5.


Stocks

2025
2024
£
£

Finished goods and goods for resale
24,222
-



6.


Debtors

2025
2024
£
£


Other debtors
38,268
-

Called up share capital not paid
100,400
100,400

Prepayments and accrued income
546
-

139,214
100,400


Page 7

 

CS & CO HOSPITALITY LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Creditors: amounts falling due within one year

2025
2024
£
£

Trade creditors
5,955
-

Other creditors
500,000
-

Accruals
45,992
-

551,947
-



8.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



500,000 (2024 -500,000) Ordinary shares of £0.001 each
500
500



9.


Related party transactions

As at the period end, the company owed £500,000 (2024: £nil) to a company under the common control of a shareholder. No interest has been charged and there is no fixed repayment date.

 
Page 8