Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31No description of principal activity2024-04-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00657731 2024-04-01 2025-03-31 00657731 2023-04-01 2024-03-31 00657731 2025-03-31 00657731 2024-03-31 00657731 2023-04-01 00657731 c:Director1 2024-04-01 2025-03-31 00657731 d:Buildings 2024-04-01 2025-03-31 00657731 d:Buildings 2025-03-31 00657731 d:Buildings 2024-03-31 00657731 d:CurrentFinancialInstruments 2025-03-31 00657731 d:CurrentFinancialInstruments 2024-03-31 00657731 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 00657731 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00657731 d:ShareCapital 2025-03-31 00657731 d:ShareCapital 2024-03-31 00657731 d:ShareCapital 2023-04-01 00657731 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 00657731 d:RetainedEarningsAccumulatedLosses 2025-03-31 00657731 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 00657731 d:RetainedEarningsAccumulatedLosses 2024-03-31 00657731 d:RetainedEarningsAccumulatedLosses 2023-04-01 00657731 c:FRS102 2024-04-01 2025-03-31 00657731 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00657731 c:FullAccounts 2024-04-01 2025-03-31 00657731 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00657731 2 2024-04-01 2025-03-31 00657731 4 2024-04-01 2025-03-31 00657731 6 2024-04-01 2025-03-31 00657731 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 00657731










WARR PROPERTY COMPANY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
WARR PROPERTY COMPANY LIMITED
REGISTERED NUMBER: 00657731

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
768,242
774,492

Investments
 5 
6,790
6,790

  
775,032
781,282

Current assets
  

Debtors: amounts falling due within one year
 6 
130,220
126,309

Cash at bank and in hand
 7 
1,087,512
888,395

  
1,217,732
1,014,704

Creditors: amounts falling due within one year
 8 
(525,254)
(280,931)

Net current assets
  
 
 
692,478
 
 
733,773

Total assets less current liabilities
  
1,467,510
1,515,055

  

Net assets
  
1,467,510
1,515,055


Capital and reserves
  

Called up share capital 
  
22,000
22,000

Profit and loss account
  
1,445,510
1,493,055

  
1,467,510
1,515,055


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 comprehensive income 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 12 June 2025.




Mrs M A Cretton
Director

The notes on pages 4 to 7 form part of these financial statements.
Page 1

 
WARR PROPERTY COMPANY LIMITED
REGISTERED NUMBER: 00657731

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025


Page 2

 
WARR PROPERTY COMPANY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 April 2023
22,000
1,638,838
1,660,838


Comprehensive income for the year

Profit for the year
-
96,217
96,217

Dividends: Equity capital
-
(242,000)
(242,000)



At 1 April 2024
22,000
1,493,055
1,515,055


Comprehensive income for the year

Profit for the year
-
392,455
392,455

Dividends: Equity capital
-
(440,000)
(440,000)


At 31 March 2025
22,000
1,445,510
1,467,510


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
WARR PROPERTY COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Warr Property Company Limited is a private limited company, registered in England. The registered office is Trinity House, 3 Bullace Lane, Dartford, Kent DA1 1BB and the registered number is 00657731. The principal activity is that of property investment.

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

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.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
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

Taxation

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.

Page 4

 
WARR PROPERTY COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.6

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
Not depreciated as the Directors are of the opinion that the estimated residual value is greater than the net book value due to continued maintenance.

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.

 
2.8

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 comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.9

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.

 
2.10

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.

 
2.11

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.

Page 5

 
WARR PROPERTY COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.12

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.


3.


Employees

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


4.


Tangible fixed assets





Freehold property

£



Cost 


At 1 April 2024
774,492


Disposals
(6,250)



At 31 March 2025

768,242






Net book value



At 31 March 2025
768,242



At 31 March 2024
774,492


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 April 2024
6,790



At 31 March 2025
6,790





6.


Debtors

2025
2024
£
£


Trade debtors
128,890
126,309
Page 6

 
WARR PROPERTY COMPANY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.Debtors (continued)


Other debtors
1,330
-

130,220
126,309



7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
1,087,512
888,395



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Corporation tax
124,136
31,159

Other taxation and social security
6,599
8,951

Other creditors
308,000
132,000

Accruals and deferred income
86,519
108,821

525,254
280,931



Page 7