Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-28No description of principal activitytrue2024-03-01false22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10030790 2024-03-01 2025-02-28 10030790 2023-03-01 2024-02-29 10030790 2025-02-28 10030790 2024-02-29 10030790 2023-03-01 10030790 1 2023-03-01 2024-02-29 10030790 2 2023-03-01 2024-02-29 10030790 d:Director1 2024-03-01 2025-02-28 10030790 e:Buildings 2025-02-28 10030790 e:Buildings 2024-02-29 10030790 e:FreeholdInvestmentProperty 2024-03-01 2025-02-28 10030790 e:FreeholdInvestmentProperty 2025-02-28 10030790 e:FreeholdInvestmentProperty 2024-02-29 10030790 e:CurrentFinancialInstruments 2025-02-28 10030790 e:CurrentFinancialInstruments 2024-02-29 10030790 e:Non-currentFinancialInstruments 2025-02-28 10030790 e:Non-currentFinancialInstruments 2024-02-29 10030790 e:CurrentFinancialInstruments e:WithinOneYear 2025-02-28 10030790 e:CurrentFinancialInstruments e:WithinOneYear 2024-02-29 10030790 e:Non-currentFinancialInstruments e:AfterOneYear 2025-02-28 10030790 e:Non-currentFinancialInstruments e:AfterOneYear 2024-02-29 10030790 e:ShareCapital 2024-03-01 2025-02-28 10030790 e:ShareCapital 2025-02-28 10030790 e:ShareCapital 2023-03-01 2024-02-29 10030790 e:ShareCapital 2024-02-29 10030790 e:ShareCapital 2023-03-01 10030790 e:InvestmentPropertiesRevaluationReserve 2024-03-01 2025-02-28 10030790 e:InvestmentPropertiesRevaluationReserve 2025-02-28 10030790 e:InvestmentPropertiesRevaluationReserve 2023-03-01 2024-02-29 10030790 e:InvestmentPropertiesRevaluationReserve 2024-02-29 10030790 e:InvestmentPropertiesRevaluationReserve 2023-03-01 10030790 e:InvestmentPropertiesRevaluationReserve 1 2023-03-01 2024-02-29 10030790 e:InvestmentPropertiesRevaluationReserve 2 2023-03-01 2024-02-29 10030790 e:RetainedEarningsAccumulatedLosses 2024-03-01 2025-02-28 10030790 e:RetainedEarningsAccumulatedLosses 2025-02-28 10030790 e:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 10030790 e:RetainedEarningsAccumulatedLosses 2024-02-29 10030790 e:RetainedEarningsAccumulatedLosses 2023-03-01 10030790 e:RetainedEarningsAccumulatedLosses 1 2023-03-01 2024-02-29 10030790 e:RetainedEarningsAccumulatedLosses 2 2023-03-01 2024-02-29 10030790 d:FRS102 2024-03-01 2025-02-28 10030790 d:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 10030790 d:FullAccounts 2024-03-01 2025-02-28 10030790 d:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 10030790 2 2024-03-01 2025-02-28 10030790 e:ShareCapital 1 2023-03-01 2024-02-29 10030790 e:ShareCapital 2 2023-03-01 2024-02-29 10030790 e:AcceleratedTaxDepreciationDeferredTax 2025-02-28 10030790 e:AcceleratedTaxDepreciationDeferredTax 2024-02-29 10030790 f:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Registered number: 10030790









ESANT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2025

 
ESANT LIMITED
REGISTERED NUMBER: 10030790

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,615
5,615

Investment property
 5 
3,089,266
3,080,000

  
3,094,881
3,085,615

Current assets
  

Stocks
  
355,725
354,696

Cash at bank and in hand
 6 
168,471
85,710

  
524,196
440,406

Creditors: amounts falling due within one year
 7 
(30,447)
(20,589)

Net current assets
  
 
 
493,749
 
 
419,817

Total assets less current liabilities
  
3,588,630
3,505,432

Creditors: amounts falling due after more than one year
 8 
(2,580,124)
(2,580,126)

Provisions for liabilities
  

Deferred tax
 9 
(215,123)
(215,122)

  
 
 
(215,123)
 
 
(215,122)

Net assets
  
793,383
710,184


Capital and reserves
  

Called up share capital 
  
100
100

Investment property reserve
 10 
645,366
645,366

Profit and loss account
 10 
147,917
64,718

  
793,383
710,184


Page 1

 
ESANT LIMITED
REGISTERED NUMBER: 10030790
    
STATEMENT OF FINANCIAL POSITION (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 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 7 August 2025.




................................................
A K Wingrove
Director

The notes on pages 5 to 12 form part of these financial statements.

Page 2

 
ESANT LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2025


Called up share capital
Investment property revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 March 2024
100
645,366
64,718
710,184


Comprehensive income for the year

Profit for the year

-
-
83,199
83,199


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
83,199
83,199


Total transactions with owners
-
-
-
-


At 28 February 2025
100
645,366
147,917
793,383


The notes on pages 5 to 12 form part of these financial statements.

Page 3

 
ESANT LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 29 FEBRUARY 2024


Called up share capital
Investment property revaluation reserve
Profit and loss account
Total equity

£
£
£
£

At 1 March 2023
100
-
(8,613)
(8,513)


Comprehensive income for the year

Profit for the year

-
-
73,331
73,331

Revaluation of fixed asset investments
-
860,488
-
860,488

Deferred tax relating to fixed asset investments
-
(215,122)
-
(215,122)


Other comprehensive income for the year
-
645,366
-
645,366


Total comprehensive income for the year
-
645,366
73,331
718,697


Total transactions with owners
-
-
-
-


At 29 February 2024
100
645,366
64,718
710,184


The notes on pages 5 to 12 form part of these financial statements.

Page 4

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

1.


General information

The legal form of the entity is a private company limited by shares, registered in England and Wales. The company's registered number is 10030790 and registered office address is Zennor, Bolter End Lane, Bolter End, High Wycombe, England, HP14 3LU.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 5

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

2.Accounting policies (continued)

 
2.3

Interest income

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

 
2.4

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 reporting 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 reporting 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 reporting date.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model, other than investment properties, 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.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.



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 6

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

2.Accounting policies (continued)

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers 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.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

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.

 
2.9

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.

 
2.10

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.
 
Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

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

Page 7

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

4.


Tangible fixed assets







Freehold property

£



Cost or valuation


At 1 March 2024
5,615



At 28 February 2025

5,615






Net book value



At 28 February 2025
5,615



At 29 February 2024
5,615

Page 8

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

5.


Investment property





Freehold investment property

£



Valuation


At 1 March 2024
3,080,000


Additions at cost
9,266



At 28 February 2025
3,089,266


Comprising


Cost
2,228,778

Annual revaluation surplus/(deficit):


2024
860,488

At 28 February 2025
3,089,266

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

28 February
29 February
2025
2024
£
£

Revaluation reserves


At 1 March 2024
645,366
-

Net surplus/(deficit) in movement properties
-
645,366

At 28 February 2025
645,366
645,366



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
2,228,788
2,219,511

2,228,788
2,219,511

If the investment properties were to be accounted for under historic cost convention, then they would not have been depreciated due to their long useful life, high residual value therefore the amount of depreciation to be imaterial.

Page 9

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

6.


Cash and cash equivalents

28 February
29 February
2025
2024
£
£

Cash at bank and in hand
168,471
85,710

168,471
85,710



7.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Corporation tax
24,895
17,949

Other creditors
5,552
2,640

30,447
20,589



8.


Creditors: Amounts falling due after more than one year

28 February
29 February
2025
2024
£
£

Other creditors
2,580,124
2,580,126

2,580,124
2,580,126


Page 10

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

9.


Deferred taxation






2025


£






At beginning of year
(215,122)



At end of year
(215,122)

The provision for deferred taxation is made up as follows:

28 February
29 February
2025
2024
£
£


Accelerated capital allowances
(215,122)
(215,122)

(215,122)
(215,122)


10.


Reserves

Investment property revaluation reserve

The Investment Property Revaluation Reserve represents the surplus arising from the revaluation of investment properties. The reserve is presented separately in the statement of changes in equity.
The Investment Property Revaluation Reserve is used to record the fair value adjustments made to investment properties. The revaluation surplus for the year is calculated as the difference between the fair value of the investment properties at the reporting date and their carrying amounts.
Transfers to retained earnings represent the portion of the revaluation surplus that has been realised through the disposal or impairment of investment properties during the year.
Deferred tax arising from the revaluation of investment properties is recognised in accordance with FRS 102. The deferred tax is calculated using the enacted or substantively enacted tax rates that are expected to apply when the temporary difference reverses.

Profit and loss account

Profit and loss reserves represents the company’s profits available for distribution in accordance with the Companies Act 2006 as its accumulated realised profits, so far as not previously utilised by distribution or capitalisation less its accumulated realised losses, so far as not previously written off in a reduction or capitalisation.

Page 11

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

11.


Transactions with key management personel

Included in creditors amounts falling due after more than one year is amounts of £2,580,126 (2024 - £2,580,126) advanced by the company's key management personnel. The amounts are advanced free of interest and has no fixed date for repayment. The amounts are stated at their nominal value without discounting to measure present value.

 
Page 12