Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-28222024-03-01falseNo description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11196239 2024-03-01 2025-02-28 11196239 2023-03-01 2024-02-29 11196239 2025-02-28 11196239 2024-02-29 11196239 c:Director2 2024-03-01 2025-02-28 11196239 d:OfficeEquipment 2024-03-01 2025-02-28 11196239 d:OfficeEquipment 2025-02-28 11196239 d:OfficeEquipment 2024-02-29 11196239 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 11196239 d:FreeholdInvestmentProperty 2025-02-28 11196239 d:FreeholdInvestmentProperty 2024-02-29 11196239 d:CurrentFinancialInstruments 2025-02-28 11196239 d:CurrentFinancialInstruments 2024-02-29 11196239 d:Non-currentFinancialInstruments 2025-02-28 11196239 d:Non-currentFinancialInstruments 2024-02-29 11196239 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 11196239 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11196239 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 11196239 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 11196239 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-02-28 11196239 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-02-29 11196239 d:ShareCapital 2025-02-28 11196239 d:ShareCapital 2024-02-29 11196239 d:RetainedEarningsAccumulatedLosses 2025-02-28 11196239 d:RetainedEarningsAccumulatedLosses 2024-02-29 11196239 d:AcceleratedTaxDepreciationDeferredTax 2025-02-28 11196239 d:AcceleratedTaxDepreciationDeferredTax 2024-02-29 11196239 d:TaxLossesCarry-forwardsDeferredTax 2025-02-28 11196239 d:TaxLossesCarry-forwardsDeferredTax 2024-02-29 11196239 c:FRS102 2024-03-01 2025-02-28 11196239 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11196239 c:FullAccounts 2024-03-01 2025-02-28 11196239 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11196239 6 2024-03-01 2025-02-28 11196239 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Registered number: 11196239










HH86 LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

 
HH86 LIMITED
REGISTERED NUMBER: 11196239

BALANCE SHEET
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
467
823

Investments
 5 
50
50

Investment property
 6 
359,776
359,776

  
360,293
360,649

Current assets
  

Debtors: amounts falling due within one year
 7 
57,901
45,735

Cash at bank and in hand
 8 
67,385
72,125

  
125,286
117,860

Creditors: amounts falling due within one year
 9 
(206,443)
(205,483)

Net current liabilities
  
 
 
(81,157)
 
 
(87,623)

Total assets less current liabilities
  
279,136
273,026

Creditors: amounts falling due after more than one year
 10 
(260,075)
(260,075)

  

Net assets
  
19,061
12,951


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
18,961
12,851

  
19,061
12,951


Page 1

 
HH86 LIMITED
REGISTERED NUMBER: 11196239

BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 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 on 23 June 2025.




D Harrison
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.Accounting policies

 
1.1

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:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

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.

 
1.4

Borrowing costs

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

Page 3

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.Accounting policies (continued)

 
1.5

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.


 
1.6

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:

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.

  
1.7

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 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.

Page 4

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.Accounting policies (continued)

 
1.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
1.9

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.

 
1.10

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.

 
1.11

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.

 
1.12

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.

 
1.13

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

HH86 Limited is a private limited company incorporated in England and Wales. The registered office is 4 The Willows, Southend-on-Sea, England, SS1 3SH.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 5

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

4.


Tangible fixed assets







Office equipment

£



Cost or valuation


At 1 March 2024
1,418



At 28 February 2025

1,418



Depreciation


At 1 March 2024
596


Charge for the year on owned assets
355



At 28 February 2025

951



Net book value



At 28 February 2025
467



At 29 February 2024
823


5.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 March 2024
50



At 28 February 2025
50




Page 6

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

6.


Investment property





Freehold investment property

£



Valuation


At 1 March 2024
359,776



At 28 February 2025
359,776

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



At 28 February 2025



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

28 February
29 February
2025
2024
£
£


Historic cost
359,776
-

359,776
-

Page 7

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

7.


Debtors

28 February
29 February
2025
2024
£
£


Trade debtors
451
4,963

Amounts owed by group undertakings
53,981
33,981

Other debtors
-
1,352

Prepayments and accrued income
228
198

Deferred taxation
3,241
5,241

57,901
45,735



8.


Cash and cash equivalents

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
67,385
72,125



9.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Other creditors
204,859
203,983

Accruals and deferred income
1,584
1,500

206,443
205,483


Page 8

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

10.


Creditors: Amounts falling due after more than one year

28 February
29 February
2025
2024
£
£

Bank loans
260,075
260,075


The following liabilities were secured:

28 February
29 February
2025
2024
£
£



Bank loans
260,075
260,075

Details of security provided:

Fixed charge against the company's investment property.


11.


Loans


Analysis of the maturity of loans is given below:


28 February
29 February
2025
2024
£
£




Amounts falling due after more than 5 years

Bank loans
260,075
260,075

260,075
260,075


Page 9

 
HH86 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

12.


Deferred taxation






2025


£






At beginning of year
5,241


Utilised in year
(2,000)



At end of year
3,241

The deferred tax asset is made up as follows:

28 February
29 February
2025
2024
£
£


Accelerated capital allowances
(89)
(156)

Tax losses carried forward
3,330
5,397

3,241
5,241


Page 10