| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 November 2024 |
| for |
| Caso Property Ltd |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| CURRENT ASSETS |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| 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 |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| At 30 November 2024 |
| Net book value |
| At 30 November 2024 |
| 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 |
| Other creditors |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30/11/24 | 30/11/23 |
| £ | £ |
| Bank loans |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30/11/24 | 30/11/23 |
| £ | £ |
| Bank loans |
| 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. |