Caseware UK (AP4) 2024.0.164 2024.0.164 true3false2023-11-015No description of principal activitytruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04393825 2023-11-01 2024-10-31 04393825 2022-11-01 2023-10-31 04393825 2024-10-31 04393825 2023-10-31 04393825 c:Director1 2023-11-01 2024-10-31 04393825 d:CurrentFinancialInstruments 2024-10-31 04393825 d:CurrentFinancialInstruments 2023-10-31 04393825 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 04393825 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 04393825 d:ShareCapital 2024-10-31 04393825 d:ShareCapital 2023-10-31 04393825 d:RetainedEarningsAccumulatedLosses 2024-10-31 04393825 d:RetainedEarningsAccumulatedLosses 2023-10-31 04393825 c:FRS102 2023-11-01 2024-10-31 04393825 c:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 04393825 c:FullAccounts 2023-11-01 2024-10-31 04393825 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04393825 2 2023-11-01 2024-10-31 04393825 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 04393825










Accommodation Plus Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 October 2024

 
Accommodation Plus Limited
 
  
Chartered Accountants' Report to the Director on the preparation of the Unaudited Statutory Financial Statements of Accommodation Plus Limited for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Accommodation Plus Limited for the year ended 31 October 2024 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 director of Accommodation Plus Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Accommodation Plus Limited and state those matters that we have agreed to state to the director of Accommodation Plus Limited 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 Accommodation Plus Limited and its director for our work or for this report. 

It is your duty to ensure that Accommodation Plus Limited 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 profit of Accommodation Plus Limited. You consider that Accommodation Plus Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Accommodation Plus Limited. 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.

  



Kreston Reeves LLP
Chartered Accountants
Maritime Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ
19 June 2025
Page 1

 
Accommodation Plus Limited
Registered number: 04393825

Balance Sheet
As at 31 October 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
80,363
227,509

Cash at bank and in hand
  
152,032
117,084

  
232,395
344,593

Creditors: amounts falling due within one year
 5 
(108,514)
(53,862)

Net current assets
  
 
 
123,881
 
 
290,731

Total assets less current liabilities
  
123,881
290,731

  

Net assets
  
123,881
290,731


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
123,880
290,730

  
123,881
290,731


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 authorised for issue by the board and were signed on its behalf on 19 June 2025.




C D Dawe
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
Accommodation Plus Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 October 2024

1.


General information

Accommodation Plus Limited is a private company limited by shares and is incorporated in England and Wales with the registration number 04393825. The address of the registered office is 2nd Floor, Maritime Place Quayside, Chatham Maritime, Chatham, Kent, ME4 4QZ.
The financial statements are presented in pounds Sterling, and are rounded to the nearest pound.

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

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:

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.

 
2.3

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.


 
2.4

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.

Page 3

 
Accommodation Plus Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 October 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

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.

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
Page 4

 
Accommodation Plus Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 October 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)

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.

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.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 5).

Page 5

 
Accommodation Plus Limited
 

 
Notes to the Financial Statements
For the Year Ended 31 October 2024

4.


Debtors

2024
2023
£
£


Trade debtors
79,505
130,495

Amounts owed by group undertakings
858
97,014

80,363
227,509



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
8,045
10,847

Corporation tax
61,916
-

Other taxation and social security
24,387
30,717

Other creditors
2,815
3,244

Accruals and deferred income
11,351
9,054

108,514
53,862



6.


Controlling party

The company is a wholly owned subsidiary undertaking of Cubfield Limited.
In turn that company is controlled by Mr and Mrs Dawe, by virtue of their 100% holding in the share capital of Cubfield Limited.
A copy of the group accounts of which the company forms a part can be obtained from the Company Secretary of Cubfield Limited at the following address:
2nd Floor
Maritime Place Quayside
Chatham Maritime
Chatham
Kent
ME4 4QZ


Page 6