Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312023-09-01falseProperty development11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11498627 2024-08-31 11498627 2023-09-01 2024-08-31 11498627 2022-09-01 2023-08-31 11498627 2023-08-31 11498627 c:Director1 2023-09-01 2024-08-31 11498627 d:CurrentFinancialInstruments 2024-08-31 11498627 d:CurrentFinancialInstruments 2023-08-31 11498627 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 11498627 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11498627 d:ShareCapital 2024-08-31 11498627 d:ShareCapital 2023-08-31 11498627 d:RetainedEarningsAccumulatedLosses 2024-08-31 11498627 d:RetainedEarningsAccumulatedLosses 2023-08-31 11498627 c:OrdinaryShareClass1 2023-09-01 2024-08-31 11498627 c:OrdinaryShareClass1 2024-08-31 11498627 c:OrdinaryShareClass1 2023-08-31 11498627 c:FRS102 2023-09-01 2024-08-31 11498627 c:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 11498627 c:FullAccounts 2023-09-01 2024-08-31 11498627 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11498627 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11498627


19 MUNSTER ROAD LTD
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024


















            img0777.png
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ

 
19 MUNSTER ROAD LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 19 MUNSTER ROAD LTD
FOR THE YEAR ENDED 31 AUGUST 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 19 Munster Road Ltd for the year ended 31 August 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 19 Munster Road Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of 19 Munster Road Ltd and state those matters that we have agreed to state to the director of 19 Munster Road Ltd 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 19 Munster Road Ltd and its director for our work or for this report. 

It is your duty to ensure that 19 Munster Road Ltd 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 19 Munster Road Ltd. You consider that 19 Munster Road Ltd 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 19 Munster Road Ltd. 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.

  



Haggards Crowther LLP
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ
21 August 2025
Page 1

 
19 MUNSTER ROAD LTD
REGISTERED NUMBER: 11498627

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 5 
-
289,528

Debtors: amounts falling due within one year
 6 
164,802
260,490

Cash at bank and in hand
 7 
536
5,804

  
165,338
555,822

Creditors: amounts falling due within one year
 8 
(159,619)
(554,541)

Net current assets
  
 
 
5,719
 
 
1,281

Total assets less current liabilities
  
5,719
1,281

  

Net assets
  
5,719
1,281


Capital and reserves
  

Called up share capital 
 9 
10
10

Profit and loss account
  
5,709
1,271

  
5,719
1,281


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 income statement 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 August 2025.

___________________________
L J Warren
Director

The notes on pages 4 to 7 form part of these financial statements.
Page 2

 
19 MUNSTER ROAD LTD
REGISTERED NUMBER: 11498627
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024


Page 3

 
19 MUNSTER ROAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

19 Munster Road Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 11498627 and its registered address is Unit D, Heathmans House, 19 Heathmans Road, London, SW6 4TJ.

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 on construction contracts undertaken on the basis of the assessed completion of works at the accounting date. Revenue from the sale of properties is recognised on legal completion of the sales.

 
2.3

Borrowing costs

All borrowing costs are recognised in the income statement in the year in which they are incurred.

 
2.4

Taxation

Tax is recognised in the income statement 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

Stocks

Stocks includes properties that are undergoing development which have not achieved practical completion at the balance sheet date or an unconditional contract to sell the property has not been exchanged at the balance sheet date.
Stocks is valued at the lower of cost and net realisable value. Cost includes all expenses of acquisition and development incurred at the balance sheet date. Net realisable values is the estimated selling price less further costs expected to be incurred to completion and disposal.

 
2.6

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 4

 
19 MUNSTER ROAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.


4.


Employees

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


5.


Stocks

2024
2023
£
£

Stocks
-
289,528

-
289,528


Page 5

 
19 MUNSTER ROAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Debtors

2024
2023
£
£


Other debtors
164,802
260,490

164,802
260,490



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
536
5,804

536
5,804



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
527,461

Corporation tax
372
-

Other creditors
200
18,900

Accruals and deferred income
159,047
8,180

159,619
554,541



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10 (2023 - 10) Ordinary shares of £1.00 each
10
10



10.


Transactions with directors

Included within the year end creditors balance is an amount due from the company to Mr L J Warren of £Nil (2023: £Nil). Throughout the year, total withdrawal of funds amounted to £19,000, with total deposits of £19,000 (2022: £516,811). The outstanding balance is unsecured, repayable on demand and not subject to interest.

Page 6

 
19 MUNSTER ROAD LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

11.


Related party transactions

Included in Other debtors balance, an amount of £163,280 (2023: £258,968) is owed by Warren Property Group Ltd, a company incorporated in England and Wales and under the control of the shareholder L J Warren.


12.


Controlling party

The company was under the control of L J Warren throughout the current and previous period. Mr L J Warren is the sole director and majority shareholder.

 
Page 7