Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31falsetrue2023-08-01falseThe Company's principal activity is property investment.11The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14077769 2023-08-01 2024-07-31 14077769 2022-04-29 2023-07-31 14077769 2024-07-31 14077769 2023-07-31 14077769 c:Director1 2023-08-01 2024-07-31 14077769 d:CurrentFinancialInstruments 2024-07-31 14077769 d:CurrentFinancialInstruments 2023-07-31 14077769 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 14077769 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14077769 d:ShareCapital 2024-07-31 14077769 d:ShareCapital 2023-07-31 14077769 d:RetainedEarningsAccumulatedLosses 2024-07-31 14077769 d:RetainedEarningsAccumulatedLosses 2023-07-31 14077769 c:FRS102 2023-08-01 2024-07-31 14077769 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 14077769 c:FullAccounts 2023-08-01 2024-07-31 14077769 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14077769 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 14077769










NORTHCHILD PROPERTY MANAGEMENT (UK) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
NORTHCHILD PROPERTY MANAGEMENT (UK) LIMITED
REGISTERED NUMBER: 14077769

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
92,423
-

Cash at bank and in hand
 5 
126,250
100

  
218,673
100

Creditors: amounts falling due within one year
 6 
(220,589)
-

Net current (liabilities)/assets
  
 
 
(1,916)
 
 
100

  

Net (liabilities)/assets
  
(1,916)
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(2,016)
-

  
(1,916)
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 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 statement of comprehensive income 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 21 July 2025.




Miao Yang
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
NORTHCHILD PROPERTY MANAGEMENT (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Northchild Property Management (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 14077769. The registered office is 1 Mark Street, London, United Kingdom, E15 4GY.

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 director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly,  the company continues to adopt the going concern basis in preparing the financial statements.

  
2.3

Revenue

Rental income from property leased out under operating leases is recognised in the statement of comprehensive income on an accruals basis over the term of the lease.

 
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 average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 2

 
NORTHCHILD PROPERTY MANAGEMENT (UK) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
4,910
-

Other debtors
77,332
-

Prepayments and accrued income
10,181
-

92,423
-



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
126,250
100



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
16,855
-

Amounts owed to group undertakings
106
-

Other creditors
203,628
-

220,589
-



7.


Related party transactions

As on 31 July 2024, the company is due the following balances from related parties.
Beifang Education Group Limited - £4,910 (2023: £Nil)
Northchild Education (UK) Limited - £106 (2023: £Nil)


8.


Controlling party

The ultimate controlling party is Miao Yang.

Page 3