Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-305160false2023-10-01falseNo description of principal activity3936falsetrue 12513562 2023-10-01 2024-09-30 12513562 2022-10-01 2023-09-30 12513562 2024-09-30 12513562 2023-09-30 12513562 c:Director1 2023-10-01 2024-09-30 12513562 d:Buildings d:LongLeaseholdAssets 2023-10-01 2024-09-30 12513562 d:Buildings d:LongLeaseholdAssets 2024-09-30 12513562 d:Buildings d:LongLeaseholdAssets 2023-09-30 12513562 d:PlantMachinery 2023-10-01 2024-09-30 12513562 d:PlantMachinery 2024-09-30 12513562 d:PlantMachinery 2023-09-30 12513562 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12513562 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 12513562 d:FurnitureFittings 2023-10-01 2024-09-30 12513562 d:FurnitureFittings 2024-09-30 12513562 d:FurnitureFittings 2023-09-30 12513562 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12513562 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 12513562 d:OfficeEquipment 2023-10-01 2024-09-30 12513562 d:OfficeEquipment 2024-09-30 12513562 d:OfficeEquipment 2023-09-30 12513562 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12513562 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 12513562 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12513562 d:LeasedAssetsHeldAsLessee 2023-10-01 2024-09-30 12513562 d:Goodwill 2023-10-01 2024-09-30 12513562 d:Goodwill 2024-09-30 12513562 d:Goodwill 2023-09-30 12513562 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-01 2024-09-30 12513562 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-09-30 12513562 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-30 12513562 d:CurrentFinancialInstruments 2024-09-30 12513562 d:CurrentFinancialInstruments 2023-09-30 12513562 d:Non-currentFinancialInstruments 2024-09-30 12513562 d:Non-currentFinancialInstruments 2023-09-30 12513562 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 12513562 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12513562 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 12513562 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 12513562 d:ShareCapital 2024-09-30 12513562 d:ShareCapital 2023-09-30 12513562 d:RetainedEarningsAccumulatedLosses 2024-09-30 12513562 d:RetainedEarningsAccumulatedLosses 2023-09-30 12513562 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-09-30 12513562 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-09-30 12513562 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 12513562 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 12513562 d:RetirementBenefitObligationsDeferredTax 2024-09-30 12513562 d:RetirementBenefitObligationsDeferredTax 2023-09-30 12513562 c:FRS102 2023-10-01 2024-09-30 12513562 c:Audited 2023-10-01 2024-09-30 12513562 c:FullAccounts 2023-10-01 2024-09-30 12513562 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12513562 d:WithinOneYear 2024-09-30 12513562 d:WithinOneYear 2023-09-30 12513562 d:HirePurchaseContracts d:WithinOneYear 2024-09-30 12513562 d:HirePurchaseContracts d:WithinOneYear 2023-09-30 12513562 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-09-30 12513562 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-09-30 12513562 c:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12513562 d:Buildings d:LeasedAssetsHeldAsLessee 2024-09-30 12513562 d:Buildings d:LeasedAssetsHeldAsLessee 2023-09-30 12513562 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-09-30 12513562 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-09-30 12513562 d:LeasedAssetsHeldAsLessee 2024-09-30 12513562 d:LeasedAssetsHeldAsLessee 2023-09-30 12513562 d:Goodwill d:OwnedIntangibleAssets 2023-10-01 2024-09-30 12513562 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2023-10-01 2024-09-30 12513562 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 12513562









DAISH'S ABBEY LAWN LTD









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
DAISH'S ABBEY LAWN LTD
REGISTERED NUMBER: 12513562

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
40,367
42,867

Tangible assets
 5 
416,979
401,235

  
457,346
444,102

Current assets
  

Stocks
  
14,554
13,305

Debtors: amounts falling due within one year
 6 
11,402
20,357

Cash at bank and in hand
 7 
18,647
16,922

  
44,603
50,584

Creditors: amounts falling due within one year
 8 
(495,756)
(479,750)

Net current liabilities
  
 
 
(451,153)
 
 
(429,166)

Total assets less current liabilities
  
6,193
14,936

Creditors: amounts falling due after more than one year
 9 
-
(3,208)

Provisions for liabilities
  

Deferred tax
 12 
(53,435)
(57,188)

  
 
 
(53,435)
 
 
(57,188)

Net liabilities
  
(47,242)
(45,460)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(47,342)
(45,560)

  
(47,242)
(45,460)

Page 1

 
DAISH'S ABBEY LAWN LTD
REGISTERED NUMBER: 12513562
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

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: 




G A Brown
Director

Date: 12 June 2025

The notes on pages 3 to 12 form part of these financial statements.

Page 2

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Daish's Abbey Lawn Limited is a limited company incorporated in the United Kingdom, registered office The Devonshire Hotel, Park Hill Road, Torquay, Devon, TQ1 2DY, principal place of business Abbey Lawn Hotel, 8A Scarborough Rd, Torquay, TQ2 5UJ.
The principal activity of the company during the year was the operation of a hotel.

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.

Effective from the balance sheet date, the company has chosen to early adopt the amendments to FRS 102 issued in the Periodic Review 2024, which are otherwise effective for accounting periods beginning on or after 1 January 2026. These amendments have been considered in the preparation of these financial statements. In line with the transitional provisions of FRS 102, the company has not restated prior year figures.

The following principal accounting policies have been applied:

 
2.2

Going concern

Despite the ongoing uncertain economic outlook, the directors believe that the company is well placed to manage its business risks successfully, and to maintain positive cash flows for the foreseeable future. After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statement.

 
2.3

Revenue

Revenue represents the fair value of consideration receivable, excluding Value Added Tax, in the ordinary course of business for accommodation services and related hotel goods provided. Accommodation sales, including deposits received in advance, are recognised as turnover at the date of stay.

Page 3

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Statement of income and retained earnings over its useful economic life, being 20 years.
Other intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

 The estimated useful lives range as follows:

Goodwill
-
20
years
Intellectual property rights
-
20
years

 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
2%
Straight Line
Plant and machinery
-
25%
Straight Line
Fixtures and fittings
-
15%
Straight Line
Office equipment
-
25%
Straight Line

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

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

  
2.6

Leasehold Improvements

Leasehold improvements are measured under the revaluation model and held in the balance sheet at fair value less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period.
Fair values are determined from market based evidence either undertaken by professionally qualified valuers or by directors.
Upward revaluations are recognised in other comprehensive income, except to the extent that the revaluation reverses a revaluation decrease of the same asset previously recognised in profit or loss, in which case it is recognised in profit or loss. Downward revaluations are recognised first in other comprehensive income, to reverse any gain already recorded on that asset, then any excess in profit or loss.

 
2.7

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

 
2.8

Debtors

Short term debtors are measured at transaction price, less any provision for bad or doubtful debt.

 
2.9

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.

 
2.10

Creditors

Short term creditors are measured at the transaction price.

 
2.11

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.12

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Page 5

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.13

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.14

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 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 6

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.15

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 39 (2023 - 36).


4.


Intangible assets




Intellectual property rights
Goodwill
Total

£
£
£



Cost


At 1 October 2023
20,000
30,000
50,000



At 30 September 2024

20,000
30,000
50,000



Amortisation


At 1 October 2023
2,883
4,250
7,133


Charge for the year on owned assets
1,000
1,500
2,500



At 30 September 2024

3,883
5,750
9,633



Net book value



At 30 September 2024
16,117
24,250
40,367



At 30 September 2023
17,117
25,750
42,867



Page 7

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Tangible fixed assets





Leasehold improve- ments
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2023
211,693
145,071
230,978
8,905
596,647


Additions
56,326
11,936
29,436
-
97,698



At 30 September 2024

268,019
157,007
260,414
8,905
694,345



Depreciation


At 1 October 2023
4,234
97,693
88,132
5,353
195,412


Charge for the year on owned assets
5,160
36,735
32,375
2,226
76,496


Charge for the year on financed assets
-
-
5,458
-
5,458



At 30 September 2024

9,394
134,428
125,965
7,579
277,366



Net book value



At 30 September 2024
258,625
22,579
134,449
1,326
416,979



At 30 September 2023
207,459
47,378
142,846
3,552
401,235

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Leasehold improvements
27,934
29,098

Furniture, fittings and equipment
18,119
23,577

46,053
52,675

Finance leases

Included in tangible fixed assets are assets with a net book value of £18,119 (2023: £23,577) which are held under finance leases where the lessee is a fellow subsidiary and the rights to those assets are reserved under the finance lease contract.

Page 8

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023
£
£


Other debtors
5,086
7,967

Prepayments and accrued income
6,316
12,390

11,402
20,357



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
18,647
16,922

18,647
16,922



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
42,168
56,266

Amounts owed to group undertakings
317,744
267,006

Corporation tax
12,250
14,202

Other taxation and social security
60,939
73,468

Obligations under finance lease and hire purchase contracts
3,195
9,571

Other creditors
1,006
3,262

Accruals and deferred income
58,454
55,975

495,756
479,750



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
3,208

-
3,208


Page 9

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
3,195
9,571

Between 1-5 years
-
3,208

3,195
12,779


11.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
18,647
16,922




Financial assets measured at fair value through profit or loss comprise...


12.


Deferred taxation




2024


£






At beginning of year
(57,188)


Charged to profit or loss
3,753



At end of year
(53,435)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(53,479)
(57,584)

Pension surplus
44
396

(53,435)
(57,188)

Page 10

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

13.


Contingent liabilities

The company is party to a group banking facility under which the company has provided a debenture in support of its own borrowings and those of other group companies. At the balance sheet date the total indebtedness of the group secured in favour of its bankers was £9,812,748 (2023: £10,238.930).


14.


Pension commitments

The company operates a defined contribution pensions scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £6,902 (2023: £8,299). £174 (2023: £1,585) was payable to the fund at the balance sheet date.


15.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
-
138

-
138


16.


Related party transactions

The company has taken advantage of the exemption under FRS 102 from disclosing transactions and balances with other members of the group wholly owned by Daish's Group Limited, on the basis that Daish's Group Limited produces consolidated financial statements for the group as a whole.


17.


Controlling party

The smallest and largest group in which the company’s results are included are the consolidated accounts of the ultimate parent company, Daish’s Group Limited. These are available to the public and
may be obtained from:
The Devonshire Hotel
Park Hill Road
Torquay
Devon
TQ1 2DY
The ultimate controlling party is G A Brown.

Page 11

 
DAISH'S ABBEY LAWN LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

18.


Auditor's information

The auditor's report on the financial statements for the year ended 30 September 2024 was unqualified.

The audit report was signed on 13 June 2025 by Katie Harvard Taylor ACA (Senior statutory auditor) on behalf of Hillier Hopkins LLP.

 
Page 12