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REGISTERED NUMBER: 14469999 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Caso Property Ltd

Caso Property Ltd (Registered number: 14469999)

Contents of the Financial Statements
for the Year Ended 30 November 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Caso Property Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Dr C D Barley
Dr A G Barley





REGISTERED OFFICE: 41 Sydenham Villas Road
Cheltenham
Gloucestershire
GL52 6EE





REGISTERED NUMBER: 14469999 (England and Wales)





ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS

Caso Property Ltd (Registered number: 14469999)

Statement of Financial Position
30 November 2024

30/11/24 30/11/23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 798,976 -

CURRENT ASSETS
Cash in hand - 100

CREDITORS
Amounts falling due within one year 5 65,852 -
NET CURRENT (LIABILITIES)/ASSETS (65,852 ) 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

733,124

100

CREDITORS
Amounts falling due after more than one
year

6

734,030

-
NET (LIABILITIES)/ASSETS (906 ) 100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,006 ) -
(906 ) 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Caso Property Ltd (Registered number: 14469999)

Statement of Financial Position - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:




Dr C D Barley - Director



Dr A G Barley - Director


Caso Property Ltd (Registered number: 14469999)

Notes to the Financial Statements
for the Year Ended 30 November 2024


1. STATUTORY INFORMATION

Caso Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rental income due for the accounting period from the investment property.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
Despite net current liabilities of £65,852 and net liabilities of £906 at 30 November 2024, the financial statements have been prepared on a going concern basis. The directors have reviewed the future cash flows of the business and have expressed their intention to financially support the company for the foreseeable future, deeming the going concern basis of preparation to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Caso Property Ltd (Registered number: 14469999)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


4. INVESTMENT PROPERTY
Total
£   
Fair value
Additions 798,976
At 30 November 2024 798,976
Net book value
At 30 November 2024 798,976

The above fair value of the investment property represents the property cost. The directors have reviewed the local property market and considered the property valuation undertaken upon purchase and determined that the fair value of the property at 30 November 2024 is in line with the property cost and associated purchase fees. As such, there is no increase or decrease in the fair value during the year.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/24 30/11/23
£    £   
Bank loans and overdrafts 10,373 -
Other creditors 55,479 -
65,852 -

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/24 30/11/23
£    £   
Bank loans 734,030 -

7. SECURED DEBTS

The following secured debts are included within creditors:

30/11/24 30/11/23
£    £   
Bank loans 744,403 -

The bank loan is secured by way of fixed and floating charges over the company's investment property.

Caso Property Ltd (Registered number: 14469999)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024


8. RELATED PARTY DISCLOSURES

Regency Dental Practice (Cheltenham) Ltd
A company controlled by the directors

The company leases the investment property to Regency Dental Practice (Cheltenham) Ltd. During the year, rent of £37,151 (2023 - £Nil) was charged.

At 30 November 2024, the company was owed £3,232 (2023 - £Nil) by Regency Dental Practice (Cheltenham) Ltd.

Dr C D Barley & Dr A G Barley
Directors

The directors have loaned funds to the company to assist with the purchase of the investment property. At 30 November 2024, the company owed the directors £51,348. The loan is interest free with no fixed repayment terms.