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REGISTERED NUMBER: 09976011 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 January 2025

for

CASE Estates Limited

CASE Estates Limited (Registered number: 09976011)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CASE Estates Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mrs A E McEwan
S N McEwan





REGISTERED OFFICE: Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN





REGISTERED NUMBER: 09976011 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

CASE Estates Limited (Registered number: 09976011)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,080,340 1,068,404

CURRENT ASSETS
Debtors 5 18,927 30,540
Cash at bank 44,482 21,451
63,409 51,991
CREDITORS
Amounts falling due within one year 6 13,499 8,965
NET CURRENT ASSETS 49,910 43,026
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,130,250

1,111,430

CREDITORS
Amounts falling due after more than one
year

7

(680,669

)

(680,669

)

PROVISIONS FOR LIABILITIES (1,231 ) -
NET ASSETS 448,350 430,761

CAPITAL AND RESERVES
Called up share capital 9 44 44
Share premium 10 409,996 409,996
Fair value reserve 10 4,923 4,923
Retained earnings 10 33,387 15,798
448,350 430,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CASE Estates Limited (Registered number: 09976011)

Balance Sheet - continued
31 January 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by:





S N McEwan - Director


CASE Estates Limited (Registered number: 09976011)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

CASE Estates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rents receivable for the year.

Investment property
Investment property is included at fair value. Any gains are recognised in the income statement. Deferred tax is provided on these gains at the rate expected to apply when the properties are sold.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


CASE Estates Limited (Registered number: 09976011)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 1,068,404
Additions 11,936
At 31 January 2025 1,080,340
NET BOOK VALUE
At 31 January 2025 1,080,340
At 31 January 2024 1,068,404

Of the fair value of the investment property at 31 January 2025, £420,000 is based on a directors valuation which the directors believe to be a fair representation of the property value. A property purchased in 2022 at a cost of £535,192 is included in the accounts at this value. Any gain or loss arising from a change in fair value is recognised in the profit or loss in that accounting period.

All additions in the year to 31 January 2025 have been included in the accounts at cost which the directors believe to be a fair representation of their value.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Amounts owed by related party - 20,000
Other debtors 40 40
Tax 10,087 -
Prepayments and accrued income 8,800 10,500
18,927 30,540

CASE Estates Limited (Registered number: 09976011)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Tax 1,199 -
VAT 2,113 2,113
Other creditors 808 -
Accruals and deferred income 9,379 6,852
13,499 8,965

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Amounts owed to participating interests 160,000 160,000
Shareholder loan 520,669 520,669
680,669 680,669

8. SECURED DEBTS

On 19 September 2017 a charge was registered with Metro Bank PLC containing fixed and floating charges covering all property in the company. This charge was satisfied on 01 March 2024.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/01/25 31/01/24
value: £ £
10 Ordinary A £10 10 10
10 Ordinary B £10 10 10
10 Ordinary C £10 10 10
10 Ordinary D £10 10 10
410,000 Preference £4.10 4.10 4.10

44.10 44.10

The preference shares have no voting rights attached to them, limited rights to dividends and to participate in distributions and first priority in respect of capital (including on a wind up). The preference shares are redeemable.

CASE Estates Limited (Registered number: 09976011)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

10. RESERVES
Fair
Retained Share value
earnings premium reserve Totals
£    £    £    £   

At 1 February 2024 15,798 409,996 4,923 430,717
Profit for the year 17,589 17,589
At 31 January 2025 33,387 409,996 4,923 448,306

11. ULTIMATE PARENT COMPANY

The ultimate parent company is Laurel Developments & Consulting Limited. The registered address is Lake House, Market Hill, Royston, England, SG8 9JN.