Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalse22024-04-01false64999 - Financial intermediation not elsewhere classified2false 09337563 2024-04-01 2025-03-31 09337563 2023-04-01 2024-03-31 09337563 2025-03-31 09337563 2024-03-31 09337563 c:Director1 2024-04-01 2025-03-31 09337563 d:FreeholdInvestmentProperty 2024-04-01 2025-03-31 09337563 d:FreeholdInvestmentProperty 2025-03-31 09337563 d:FreeholdInvestmentProperty 2024-03-31 09337563 d:CurrentFinancialInstruments 2025-03-31 09337563 d:CurrentFinancialInstruments 2024-03-31 09337563 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 09337563 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09337563 d:ShareCapital 2025-03-31 09337563 d:ShareCapital 2024-03-31 09337563 d:SharePremium 2025-03-31 09337563 d:SharePremium 2024-03-31 09337563 d:RetainedEarningsAccumulatedLosses 2025-03-31 09337563 d:RetainedEarningsAccumulatedLosses 2024-03-31 09337563 c:FRS102 2024-04-01 2025-03-31 09337563 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09337563 c:FullAccounts 2024-04-01 2025-03-31 09337563 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09337563 2 2024-04-01 2025-03-31 09337563 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 09337563










FUNDING LOGISTICS VENTURES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
FUNDING LOGISTICS VENTURES LIMITED
REGISTERED NUMBER:09337563

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Investment property
 4 
2,432,250
202,250

  
2,432,250
202,250

Current assets
  

Cash at bank and in hand
 5 
11,816
11,326

  
11,816
11,326

Creditors: amounts falling due within one year
 6 
(131,311)
(137,138)

Net current liabilities
  
 
 
(119,495)
 
 
(125,812)

Total assets less current liabilities
  
2,312,755
76,438

  

Net assets
  
2,312,755
76,438


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
2,230,000
-

Profit and loss account
  
82,655
76,338

  
2,312,755
76,438


Page 1

 
FUNDING LOGISTICS VENTURES LIMITED
REGISTERED NUMBER:09337563

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

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 15 July 2025.




Jonathan Ursell
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FUNDING LOGISTICS VENTURES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

The principal activity of the company in the year under review was that of property rental and development.

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:

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.

 
2.3

Interest income

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

Page 3

 
FUNDING LOGISTICS VENTURES LIMITED
 

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

2.Accounting policies (continued)

 
2.4

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.


 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers 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.

 
2.6

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.

 
2.7

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 average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 4

 
FUNDING LOGISTICS VENTURES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Investment property


Freehold investment property

£



Valuation


At 1 April 2024
202,250


Additions at cost
2,230,000



At 31 March 2025
2,432,250

Theproperty was assessed in the year by the directors and in their opinion the value currently held is a fair reflection of the open market value.



At 31 March 2025





5.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
11,816
11,326

11,816
11,326



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
1,482
1,818

Other creditors
127,429
135,320

Accruals and deferred income
2,400
-

131,311
137,138



Page 5