Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01false0The principal activity of the company is that of property rental and development.0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10363729 2024-01-01 2024-12-31 10363729 2023-01-01 2023-12-31 10363729 2024-12-31 10363729 2023-12-31 10363729 c:Director1 2024-01-01 2024-12-31 10363729 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 10363729 d:FreeholdInvestmentProperty 2024-12-31 10363729 d:FreeholdInvestmentProperty 2023-12-31 10363729 d:CurrentFinancialInstruments 2024-12-31 10363729 d:CurrentFinancialInstruments 2023-12-31 10363729 d:Non-currentFinancialInstruments 2024-12-31 10363729 d:Non-currentFinancialInstruments 2023-12-31 10363729 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10363729 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10363729 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 10363729 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 10363729 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-12-31 10363729 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-12-31 10363729 d:ShareCapital 2024-12-31 10363729 d:ShareCapital 2023-12-31 10363729 d:SharePremium 2024-12-31 10363729 d:SharePremium 2023-12-31 10363729 d:RetainedEarningsAccumulatedLosses 2024-12-31 10363729 d:RetainedEarningsAccumulatedLosses 2023-12-31 10363729 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10363729 c:OrdinaryShareClass1 2023-12-31 10363729 c:OrdinaryShareClass2 2024-01-01 2024-12-31 10363729 c:OrdinaryShareClass2 2024-12-31 10363729 c:OrdinaryShareClass3 2024-01-01 2024-12-31 10363729 c:OrdinaryShareClass3 2024-12-31 10363729 c:FRS102 2024-01-01 2024-12-31 10363729 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10363729 c:FullAccounts 2024-01-01 2024-12-31 10363729 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10363729 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10363729









PROCTOR INVESTMENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
PROCTOR INVESTMENTS LIMITED
REGISTERED NUMBER: 10363729

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Investments
 4 
-
33

Investment property
 5 
1,023,641
999,775

  
1,023,641
999,808

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
23,400
19,145

Cash at bank and in hand
  
3,073
1,395

  
26,473
20,540

Creditors: amounts falling due within one year
 7 
(158,007)
(135,174)

NET CURRENT LIABILITIES
  
 
 
(131,534)
 
 
(114,634)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
892,107
885,174

Creditors: amounts falling due after more than one year
 8 
(417,774)
(426,300)

  

NET ASSETS
  
474,333
458,874


CAPITAL AND RESERVES
  

Called up share capital 
 10 
4
4

Share premium account
  
10,564
10,564

Profit and loss account
  
463,765
448,306

  
474,333
458,874


Page 1

 
PROCTOR INVESTMENTS LIMITED
REGISTERED NUMBER: 10363729
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

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 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 by: 




Mr C Burrell
Director

Date: 9 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
PROCTOR INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


GENERAL INFORMATION

Proctor Investments Limited is a private company limited by shares and incorporated in England & Wales.  ts registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The Company's trading address is Newton Hall, Town Street, Newton, Cambridge, CB22 7ZE.
The Company's functional and presentational currency is GBP.

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

TURNOVER

Turnover comprises revenue recognised by the company in respect of rental income and property development income due during the year, exclusive of Value Added Tax. Turnover is recognised as the fair value of the consideration received or receivable; rental income is recognised over the period of the lease term, and property development income on completion.

 
2.3

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Page 3

 
PROCTOR INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.4

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by directors 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.

 
2.5

ASSOCIATES AND JOINT VENTURES

Associates and Joint Ventures are held at cost less impairment.

 
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.

 
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.

 
2.9

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

Page 4

 
PROCTOR INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


FIXED ASSET INVESTMENTS





Investments in associates

£





At 1 January 2024
33


Disposals
(33)



At 31 December 2024
-





5.


INVESTMENT PROPERTY


Freehold investment property

£



VALUATION


At 1 January 2024
999,775


Additions at cost
23,866



AT 31 DECEMBER 2024
1,023,641





Page 5

 
PROCTOR INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


DEBTORS

2024
2023
£
£


Trade debtors
21,373
18,437

Other debtors
1,266
-

Prepayments and accrued income
761
708

23,400
19,145



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
2,640
1,176

Corporation tax
5,581
3,024

Other taxation and social security
-
2,192

Other creditors
126,763
107,183

Accruals and deferred income
23,023
21,599

158,007
135,174



8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
417,774
426,300


The bank loan is an interest-only loan at a fixed interest rate. The loan is secured by a first legal charge over two of the Company's investment properties.


9.


LOANS


Analysis of the maturity of loans is given below:


2024
2023
£
£




AMOUNTS FALLING DUE AFTER MORE THAN 5 YEARS

Bank loans
417,774
426,300


Page 6

 
PROCTOR INVESTMENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



NIL (2023 - 100) Ordinary shares of £0.04 each
-
4
80 (2023 - NIL) B Ordinary shares of £0.04 each
3
-
20 (2023 - NIL) C Ordinary shares of £0.04 each
1
-

4

4

On 29 October 2024, the 100 Ordinary shares of £0.04 each were redesignated as 80 B Ordinary shares and 20 C Ordinary shares, both of £0.04 each.


 
Page 7