Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 2 2024-07-01 false No description of principal activity 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03801624 2024-07-01 2025-06-30 03801624 2023-07-01 2024-06-30 03801624 2025-06-30 03801624 2024-06-30 03801624 c:CompanySecretary1 2024-07-01 2025-06-30 03801624 c:Director1 2024-07-01 2025-06-30 03801624 c:Director2 2024-07-01 2025-06-30 03801624 c:RegisteredOffice 2024-07-01 2025-06-30 03801624 d:FreeholdInvestmentProperty 2025-06-30 03801624 d:FreeholdInvestmentProperty 2024-06-30 03801624 d:CurrentFinancialInstruments 2025-06-30 03801624 d:CurrentFinancialInstruments 2024-06-30 03801624 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 03801624 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 03801624 d:ShareCapital 2025-06-30 03801624 d:ShareCapital 2024-06-30 03801624 d:RevaluationReserve 2025-06-30 03801624 d:RevaluationReserve 2024-06-30 03801624 d:RetainedEarningsAccumulatedLosses 2025-06-30 03801624 d:RetainedEarningsAccumulatedLosses 2024-06-30 03801624 c:FRS102 2024-07-01 2025-06-30 03801624 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 03801624 c:FullAccounts 2024-07-01 2025-06-30 03801624 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03801624 2 2024-07-01 2025-06-30 03801624 5 2024-07-01 2025-06-30 03801624 e:PoundSterling 2024-07-01 2025-06-30 iso4217:GBP xbrli:pure

Company registration number: 03801624
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 30 JUNE 2025
| FENNELS BAY SERVICES LIMITED
FENNELS BAY SERVICES LIMITED |  |
COMPANY INFORMATION
Directors | Mr D Levene
| Mrs A S Levene
Company secretary | Mr D Levene
Registered number | 03801624
Registered office | 3000a Parkway
| Whiteley
| Hampshire
| PO15 7FX
Trading Address | Ashley House
| 235-239 High Road
| Wood Green
| London
| N22 8HF
Accountants | Menzies LLP
| Chartered Accountants
| 3000a Parkway
| Whiteley
| Hampshire
| PO15 7FX
FENNELS BAY SERVICES LIMITED |  |
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 7
FENNELS BAY SERVICES LIMITED REGISTERED NUMBER:03801624 |  |
STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 5,711,606 |  | 5,711,606
|  |  | 5,711,606 |  | 5,711,606
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 1,728,193 |  | 1,696,322 |
Cash at bank and in hand |  | 2,585,889 |  | 2,322,377 |
|  | 4,314,082 |  | 4,018,699 |
Creditors: amounts falling due within one year | 6 | (170,660) |  | (196,209) |
Net current assets |  |  | 4,143,422 |  | 3,822,490
Total assets less current liabilities |  |  | 9,855,028 |  | 9,534,096
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (858,691) |  | (858,691) |
|  |  | (858,691) |  | (858,691)
Net assets |  |  | 8,996,337 |  | 8,675,405
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Revaluation reserve |  |  | 2,877,340 |  | 2,877,340
Profit and loss account |  |  | 6,118,995 |  | 5,798,063
|  |  | 8,996,337 |  | 8,675,405
Page 1
FENNELS BAY SERVICES LIMITED REGISTERED NUMBER:03801624 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 JUNE 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 by:
Mr D Levene
Director
Date: 1 September 2025
The notes on pages 3 to 7 form part of these financial statements. Page 2
FENNELS BAY SERVICES LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Fennels Bay Services Limited is a private company limited by shares, incorporated in England and Wales. The company's registered office and principal place of business address can be found on the Company Information page. 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. Page 3
FENNELS BAY SERVICES LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 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 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 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 | 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. Page 4
FENNELS BAY SERVICES LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 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. Increases in provisions are generally charged as an expense to profit or loss.
| 2.11 | 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. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs 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 receivables due with the operating cycle fall into this category of financial instruments.
| 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. Page 5
FENNELS BAY SERVICES LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 July 2024 | 5,711,606
| At 30 June 2025 | 5,711,606
The 2025 valuations were made by the directors, on an open market value for existing use basis.
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 26,960 | 3,381
| Other debtors | 1,683,844 | 1,675,939
| Prepayments and accrued income | 17,389 | 17,002
|  | 1,728,193 | 1,696,322
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 7,143 | 7,102
| Corporation tax | 106,977 | 97,197
| Other taxation and social security | 13,982 | 17,468
| Other creditors | 14,885 | 42,178
| Accruals and deferred income | 27,673 | 32,264
|  | 170,660 | 196,209
Page 6
FENNELS BAY SERVICES LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
7. | Related party transactions
| Included within the debtors due within one year are amounts due to the company from a loan of £1,616,450 (2024 - £1,675,940). Interest is being charged at market rate on the loan which is on a normal commercial basis. Included within debtors due within one year are amounts due to the company from the director of £67,395. This balance is interest free and undated. This loan has been repaid after the year end.
Page 7