Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 false 2024-01-01 false No description of principal activity 0 0 true false 14302451 2024-01-01 2024-12-31 14302451 2023-01-01 2023-12-31 14302451 2024-12-31 14302451 2023-12-31 14302451 c:Director1 2024-01-01 2024-12-31 14302451 c:Director2 2024-01-01 2024-12-31 14302451 c:RegisteredOffice 2024-01-01 2024-12-31 14302451 d:Buildings 2024-01-01 2024-12-31 14302451 d:Buildings 2024-12-31 14302451 d:Buildings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 14302451 d:CurrentFinancialInstruments 2024-12-31 14302451 d:CurrentFinancialInstruments 2023-12-31 14302451 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14302451 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14302451 d:ShareCapital 2024-01-01 2024-12-31 14302451 d:ShareCapital 2024-12-31 14302451 d:ShareCapital 2023-12-31 14302451 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 14302451 d:RetainedEarningsAccumulatedLosses 2024-12-31 14302451 d:RetainedEarningsAccumulatedLosses 2023-12-31 14302451 c:OrdinaryShareClass1 2024-01-01 2024-12-31 14302451 c:OrdinaryShareClass1 2024-12-31 14302451 c:OrdinaryShareClass1 2023-12-31 14302451 c:FRS102 2024-01-01 2024-12-31 14302451 c:Audited 2024-01-01 2024-12-31 14302451 c:FullAccounts 2024-01-01 2024-12-31 14302451 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14302451 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14302451 2 2024-01-01 2024-12-31 14302451 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14302451 THREEPS PROPERTY LTD ANNUAL REPORT AND FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
THREEPS PROPERTY LTD CONTENTS
| Page
Company information | 1
Balance sheet | 2
Statement of changes in equity | 3
Notes to the financial statements | 4 - 8
THREEPS PROPERTY LTD COMPANY INFORMATION
Directors | P Hoornaert
| P Hoornaert
Registered number | 14302451
Registered office | 609 London Road
| Grays, Essex
| Essex
| RM20 3BJ
Independent auditors | Cooper Parry Group Limited
| Statutory Auditor
| New Derwent House
| 69-73 Theobalds Road
| Holborn
| London
| WC1X 8TA
Page 1
THREEPS PROPERTY LTD REGISTERED NUMBER: 14302451 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 495,000 |  | -
|  |  | 495,000 |  | -
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 4,802 |  | 2 |
Cash at bank and in hand | 6 | 17,625 |  | - |
|  | 22,427 |  | 2 |
Creditors: amounts falling due within one year | 7 | (526,040) |  | - |
Net current (liabilities)/assets |  |  | (503,613) |  | 2
Total assets less current liabilities |  |  | (8,613) |  | 2
Net (liabilities)/assets |  |  | (8,613) |  | 2
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Profit and loss account |  |  | (8,615) |  | -
|  |  | (8,613) |  | 2
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 by:
P Hoornaert | P Hoornaert
Director | Director
Date: 8 September 2025 | Date:9 September 2025
The notes on pages 4 to 8 form part of these financial statements. Page 2
THREEPS PROPERTY LTD STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2024
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 January 2024 | 2 | - | 2
Comprehensive income for the year |  |  |
Loss for the year | - | (8,615) | (8,615)
Total comprehensive income for the year | - | (8,615) | (8,615)
At 31 December 2024 | 2 | (8,615) | (8,613)
| The notes on pages 4 to 8 form part of these financial statements.
Page 3
THREEPS PROPERTY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
ThreePs Property 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. The presentation currency of the financial statements is the Pound Sterling (£). 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 | Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.
| 2.3 | 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.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | 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. Page 4
THREEPS PROPERTY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets (continued)
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 | - | 2% | on cost
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.
| 2.6 | 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.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | 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 Balance Sheet when the Company becomes party to the contractual provisions of the instrument. 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. Page 5
THREEPS PROPERTY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.9 | Financial instruments (continued)
Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
3. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2023:£NIL).
| The average monthly number of employees, including directors, during the year was 0 (2023:0).
Page 6
THREEPS PROPERTY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Tangible fixed assets
|  | Freehold property
|  | £
| Cost or valuation |
| Additions | 500,000
| At 31 December 2024 | 500,000
| Depreciation |
| Charge for the year on owned assets | 5,000
| At 31 December 2024 | 5,000
| Net book value |
| At 31 December 2024 | 495,000
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 4,800 | -
| Other debtors | 2 | 2
|  | 4,802 | 2
6. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 17,625 | -
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 525,000 | -
| Other taxation and social security | 1,040 | -
|  | 526,040 | -
Page 7
THREEPS PROPERTY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
8. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2 (2023:2) Ordinary shares of £1.00 each | 2 | 2
9. | Related party transactions
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
10. | Controlling party
In the opinion of the directors, the ultimate parent and controlling company is Threeps Holding Ltd, a company incorporated in England and Wales. Copies of the parent company's consolidated financial statements are available from its registered office at 609 London Road, West Thurrock, Grays, Essex, RM20 3BJ or from the Registrar of Companies.
11. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified. The audit report was signed on 17 September 2025 by Robert Blundell (Senior statutory auditor) on behalf of Cooper Parry Group Limited.
Page 8