Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-303The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity2023-05-013truetruefalse 12562410 2023-05-01 2024-04-30 12562410 2022-05-01 2023-04-30 12562410 2024-04-30 12562410 2023-04-30 12562410 c:Director2 2023-05-01 2024-04-30 12562410 d:LeaseholdInvestmentProperty 2023-05-01 2024-04-30 12562410 d:LeaseholdInvestmentProperty 2024-04-30 12562410 d:LeaseholdInvestmentProperty 2023-04-30 12562410 d:CurrentFinancialInstruments 2024-04-30 12562410 d:CurrentFinancialInstruments 2023-04-30 12562410 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 12562410 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12562410 d:ShareCapital 2024-04-30 12562410 d:ShareCapital 2023-04-30 12562410 d:RetainedEarningsAccumulatedLosses 2024-04-30 12562410 d:RetainedEarningsAccumulatedLosses 2023-04-30 12562410 c:OrdinaryShareClass1 2023-05-01 2024-04-30 12562410 c:OrdinaryShareClass1 2024-04-30 12562410 c:OrdinaryShareClass1 2023-04-30 12562410 c:FRS102 2023-05-01 2024-04-30 12562410 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12562410 c:FullAccounts 2023-05-01 2024-04-30 12562410 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12562410 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12562410









UNIT 2 TOLWORTH LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
UNIT 2 TOLWORTH LIMITED
REGISTERED NUMBER: 12562410

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
254,577
252,392

Creditors: amounts falling due within one year
 5 
(257,332)
(257,363)

Net liabilities
  
(2,755)
(4,971)


Capital and reserves
  

Called up share capital 
 6 
100
100

Profit and loss account
  
(2,855)
(5,071)

  
(2,755)
(4,971)


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 statement of income and retained earnings 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 24 July 2025.




................................................
P E Summers
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
UNIT 2 TOLWORTH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Unit 2 Tolworth Ltd ("the Company") is a company limited by shares, incorporated in England and Wales. Its registered office is 62 Salisbury Road, Walmer, Deal, Kent, England, CT14 7QJ. 

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 accounts have been prepared on a going concern basis. The Company is financed by the directors and shareholders, as well as companies under common control. At the time of approval of these financial statements the directors are of the opinion that the Company will continue in operation for the foreseeable future

 
2.3

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.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 2

 
UNIT 2 TOLWORTH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Investment property

Investment property relates to the long leasehold interests. Investment property is carried at fair value determined annually by the directors or 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 the Statement of comprehensive income. 

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


4.


Investment property


Leasehold investment property

£



Valuation


At 1 May 2023
252,392


Additions at cost
2,185



At 30 April 2024
254,577

The 2024 valuations were made by the directors, on an open market value for existing use basis.






Page 3

 
UNIT 2 TOLWORTH LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
913

Other creditors
255,671
254,514

Accruals and deferred income
1,661
1,936

257,332
257,363



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,000 (2023 - 10,000) Ordinary GBP shares of £0.01 each
100
100



7.


Related party transactions

Included within other creditors is an amount of £113,964 (2023 - £114,992) owed to a director of the Company.


8.


Controlling party

The Company regards Paul Summers as its ultimate controlling party.

 
Page 4