Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30true2023-12-01falseNo description of principal activity34trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13051385 2023-12-01 2024-11-30 13051385 2022-12-01 2023-11-30 13051385 2024-11-30 13051385 2023-11-30 13051385 c:Director1 2023-12-01 2024-11-30 13051385 d:ComputerEquipment 2023-12-01 2024-11-30 13051385 d:ComputerEquipment 2024-11-30 13051385 d:ComputerEquipment 2023-11-30 13051385 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 13051385 d:CurrentFinancialInstruments 2024-11-30 13051385 d:CurrentFinancialInstruments 2023-11-30 13051385 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 13051385 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 13051385 d:ShareCapital 2024-11-30 13051385 d:ShareCapital 2023-11-30 13051385 d:RetainedEarningsAccumulatedLosses 2024-11-30 13051385 d:RetainedEarningsAccumulatedLosses 2023-11-30 13051385 c:OrdinaryShareClass1 2023-12-01 2024-11-30 13051385 c:OrdinaryShareClass1 2024-11-30 13051385 c:OrdinaryShareClass1 2023-11-30 13051385 c:FRS102 2023-12-01 2024-11-30 13051385 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 13051385 c:FullAccounts 2023-12-01 2024-11-30 13051385 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 13051385 2 2023-12-01 2024-11-30 13051385 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13051385









49A OXFORD ROAD LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
49A OXFORD ROAD LIMITED
REGISTERED NUMBER: 13051385

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
941
2,360

  
941
2,360

Current assets
  

Debtors: amounts falling due within one year
 5 
161,400
74,705

Cash at bank and in hand
 6 
18,531
24,309

  
179,931
99,014

Creditors: amounts falling due within one year
 7 
(1,462,908)
(727,640)

Net current liabilities
  
 
 
(1,282,977)
 
 
(628,626)

Total assets less current liabilities
  
(1,282,036)
(626,266)

  

Net liabilities
  
(1,282,036)
(626,266)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(1,282,037)
(626,267)

  
(1,282,036)
(626,266)


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.

Page 1

 
49A OXFORD ROAD LIMITED
REGISTERED NUMBER: 13051385
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 August 2025.




G Dagan
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
49A OXFORD ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

49A Oxford Road Limited is a private company limited by share capital, incorporated in England and Wales. The address of its registered office is 14 Berkeley Street, Mayfair, London, W1J 8DX.

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

After making enquiries, the directors have 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. 

 
2.3

Revenue

Revenue comprises rental income, service charges and other recoveries from tenants of the Company's leased property. Rental income is recognised on an accrual basis in the period in which it is earned, in accordance with the terms of the rental agreements. 

 
2.4

Interest income

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

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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

 
49A OXFORD ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.6
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:

Computer equipment
-
25%

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.

 
2.7

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.

 
2.8

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. 

 
2.9

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.

 
2.10

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.
Page 4

 
49A OXFORD ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.10
Financial instruments (continued)


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 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 instruments

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
Page 5

 
49A OXFORD ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)


2.10
Financial instruments (continued)

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 4).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 December 2023
5,675



At 30 November 2024

5,675



Depreciation


At 1 December 2023
3,315


Charge for the year on owned assets
1,419



At 30 November 2024

4,734



Net book value



At 30 November 2024
941



At 30 November 2023
2,360

Page 6

 
49A OXFORD ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Debtors

2024
2023
£
£


Other debtors
23,421
17,770

Prepayments and accrued income
137,979
56,935

161,400
74,705



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
18,531
24,309

18,531
24,309



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
568,093
5,169

Amounts owed to group undertakings
18,665
13,465

Other taxation and social security
767
1,098

Other creditors
868,202
689,397

Accruals and deferred income
7,181
18,511

1,462,908
727,640


Amounts owed to group undertakings are interest free and repayable on demand. 


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £0.01 each
1
1


Page 7

 
49A OXFORD ROAD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

9.


Related party transactions

The Company has taken advantage of the exemptions available under FRS 102 to not disclose transactions with 100% owned group companies.


10.


Controlling party

The parent company is EEH Ventures Limited, a company registered in England and Wales.

 
Page 8