Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-3161270006167000falsefalse2024-04-01No description of principal activity55truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00739927 2024-04-01 2025-03-31 00739927 2023-04-01 2024-03-31 00739927 2025-03-31 00739927 2024-03-31 00739927 2023-04-01 00739927 c:Director2 2024-04-01 2025-03-31 00739927 d:FurnitureFittings 2024-04-01 2025-03-31 00739927 d:FurnitureFittings 2025-03-31 00739927 d:FurnitureFittings 2024-03-31 00739927 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00739927 d:FreeholdInvestmentProperty 2024-04-01 2025-03-31 00739927 d:FreeholdInvestmentProperty 2025-03-31 00739927 d:FreeholdInvestmentProperty 2024-03-31 00739927 d:LeaseholdInvestmentProperty 2024-04-01 2025-03-31 00739927 d:LeaseholdInvestmentProperty 2025-03-31 00739927 d:LeaseholdInvestmentProperty 2024-03-31 00739927 d:CurrentFinancialInstruments 2025-03-31 00739927 d:CurrentFinancialInstruments 2024-03-31 00739927 d:Non-currentFinancialInstruments 2025-03-31 00739927 d:Non-currentFinancialInstruments 2024-03-31 00739927 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 00739927 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00739927 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 00739927 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 00739927 d:ShareCapital 2025-03-31 00739927 d:ShareCapital 2024-03-31 00739927 d:RetainedEarningsAccumulatedLosses 2025-03-31 00739927 d:RetainedEarningsAccumulatedLosses 2024-03-31 00739927 c:FRS102 2024-04-01 2025-03-31 00739927 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00739927 c:FullAccounts 2024-04-01 2025-03-31 00739927 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00739927 6 2024-04-01 2025-03-31 00739927 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 00739927 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 00739927 2 2025-03-31 00739927 2 2024-03-31 00739927 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 00739927










ICKLEFORD BURY ESTATE COMPANY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
REGISTERED NUMBER:00739927

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2025
2024
2024
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
994
149

Investments
 5 
2
2

Investment property
 6 
3,063,500
3,083,500

  
3,064,496
3,083,651

Current assets
  

Debtors: amounts falling due within one year
 7 
-
5,093

Cash at bank and in hand
 8 
4,446
4,924

  
4,446
10,017

Creditors: amounts falling due within one year
 9 
(42,467)
(41,067)

Net current liabilities
  
 
 
(38,021)
 
 
(31,050)

Total assets less current liabilities
  
3,026,475
3,052,601

Creditors: amounts falling due after more than one year
 10 
(882,124)
(878,248)

Provisions for liabilities
  

Deferred tax
 11 
(582,747)
(582,747)

Net assets
  
1,561,604
1,591,606


Capital and reserves
  

Called up share capital 
  
15,000
15,000

Profit and loss account
  
1,546,604
1,576,606

  
1,561,604
1,591,606


Page 1

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
REGISTERED NUMBER:00739927
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The Directors consider 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 Directors acknowledge their 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 income and retained earnings 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: 




................................................
Jonathan F M Sanders
Director

Date: 18 June 2025


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

Page 2

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Ickleford Bury Estate Company Limited is a private limited company, incoporated in England and Wales.
The registered office and principal place of business is 14 Wymondley Road, Hitchin, Hertfordshire, SG4 9PH.

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

Management charges and rental income are recognised for the period to which they relate.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP and rounded to the nearest £1.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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, 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.


 
2.7

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%

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.

Page 4

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

  
2.8

Investment property

Investment property is carried at fair value determined annually by the Directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any differences in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

 
2.9

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2024 - 5).

Page 5

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 April 2024
15,391


Additions
1,093



At 31 March 2025

16,484



Depreciation


At 1 April 2024
15,242


Charge for the year on owned assets
248



At 31 March 2025

15,490



Net book value



At 31 March 2025
994



At 31 March 2024
149


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2024
2



At 31 March 2025
2






Net book value



At 31 March 2025
2



At 31 March 2024
2

Page 6

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Investment property


Freehold investment property
Long term leasehold investment property
Total

£
£
£



Valuation


At 1 April 2024
2,650,000
433,500
3,083,500


Disposals
(20,000)
-
(20,000)



At 31 March 2025
2,630,000
433,500
3,063,500

The 2025 valuations were made by the Directors, on an open market value for existing use basis.





7.


Debtors

2025
2024
£
£


Other debtors
-
5,093



8.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
4,446
4,924



9.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
18,511
17,411

Accruals and deferred income
23,956
23,656

42,467
41,067


The bank loans above are secured on the investment property to which they relate.

Page 7

 
ICKLEFORD BURY ESTATE COMPANY LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

10.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
646,712
616,323

Other creditors
235,412
261,925

882,124
878,248


The bank loans above are secured on the investment property to which they relate.


11.


Deferred taxation




2025
2024


£

£






At beginning of year
(582,747)
(582,747)



At end of year
(582,747)
(582,747)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


On revaluation of investment properties
(582,747)
(582,747)


12.


Related party transactions

At the year end £97,000 (2024: £97,500) was owed to Sanders (Investments) Limited. Interest in the year was charged of £nil (2024: £nil) for this loan.


13.


Controlling party

The ultimate parent undertaking of the Company is Sanders (Investments) Limited, a Company registered in England and Wales. The registered office of Sanders (Investments) Limited is 14 Wymondley Road, Hitchin, Herts, SG4 9PH 

Page 8