Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-310provision of property development services.true2024-01-01false0trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06386500 2024-01-01 2024-12-31 06386500 2023-01-01 2023-12-31 06386500 2024-12-31 06386500 2023-12-31 06386500 c:Director1 2024-01-01 2024-12-31 06386500 d:FreeholdInvestmentProperty 2024-12-31 06386500 d:FreeholdInvestmentProperty 2023-12-31 06386500 d:CurrentFinancialInstruments 2024-12-31 06386500 d:CurrentFinancialInstruments 2023-12-31 06386500 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 06386500 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06386500 d:ShareCapital 2024-12-31 06386500 d:ShareCapital 2023-12-31 06386500 d:RetainedEarningsAccumulatedLosses 2024-12-31 06386500 d:RetainedEarningsAccumulatedLosses 2023-12-31 06386500 c:OrdinaryShareClass1 2024-01-01 2024-12-31 06386500 c:OrdinaryShareClass1 2024-12-31 06386500 c:OrdinaryShareClass1 2023-12-31 06386500 c:FRS102 2024-01-01 2024-12-31 06386500 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06386500 c:FullAccounts 2024-01-01 2024-12-31 06386500 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06386500 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06386500









ENDURANCE ESTATES (ASSETS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
ENDURANCE ESTATES (ASSETS) LIMITED
REGISTERED NUMBER: 06386500

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Investment property
 4 
100,000
100,000

  
100,000
100,000

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
116
-

Cash at bank and in hand
  
11,107
10,162

  
11,223
10,162

Creditors: amounts falling due within one year
 6 
(120,595)
(118,176)

NET CURRENT LIABILITIES
  
 
 
(109,372)
 
 
(108,014)

NET LIABILITIES
  
(9,372)
(8,014)


CAPITAL AND RESERVES
  

Called up share capital 
 7 
2
2

Profit and loss account
  
(9,374)
(8,016)

  
(9,372)
(8,014)


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.

Page 1

 
ENDURANCE ESTATES (ASSETS) LIMITED
REGISTERED NUMBER: 06386500
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






T P Holmes
Director

Date: 16 June 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
ENDURANCE ESTATES (ASSETS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


GENERAL INFORMATION

Endurance Estates (Assets) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Unit 1 Burlington Park, Station Road, Foxton, Cambridge, CB22 6SA.
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

GOING CONCERN

The Company had net liabilities of £9,372 as at 31 December 2024 (2023 - £8,014) however the financial statements are prepared on the going concern basis as the Company benefits from the financial support of its shareholders and connected companies.

  
2.3

TURNOVER

Turnover comprises rental revenue recognised by the Company during the year, exclusive of Value Added Tax.

 
2.4

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by the director based on professional advice received 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

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.

 
2.6

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.

 
2.7

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.

Page 3

 
ENDURANCE ESTATES (ASSETS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


EMPLOYEES

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


4.


INVESTMENT PROPERTY


Freehold investment property

£



VALUATION


At 1 January 2024
100,000



AT 31 DECEMBER 2024
100,000

The 2024 valuations were made by the director, on an open market value for existing use basis, based on professional advice received.




5.


DEBTORS

2024
2023
£
£

Prepayments and accrued income
116
-



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Other taxation and social security
55
60

Other creditors
117,735
115,206

Accruals and deferred income
2,805
2,910

120,595
118,176


Page 4

 
ENDURANCE ESTATES (ASSETS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



2 (2023 - 2) Ordinary shares of £1.00 each
2
2


 
Page 5