Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-31 2025-01-31 false 2024-02-01 No description of principal activity 23 23 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05417872 2024-02-01 2025-01-31 05417872 2023-02-01 2024-01-31 05417872 2025-01-31 05417872 2024-01-31 05417872 c:Director1 2024-02-01 2025-01-31 05417872 d:FurnitureFittings 2024-02-01 2025-01-31 05417872 d:FurnitureFittings 2025-01-31 05417872 d:FurnitureFittings 2024-01-31 05417872 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 05417872 d:ComputerEquipment 2024-02-01 2025-01-31 05417872 d:ComputerEquipment 2025-01-31 05417872 d:ComputerEquipment 2024-01-31 05417872 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 05417872 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 05417872 d:Goodwill 2024-02-01 2025-01-31 05417872 d:Goodwill 2025-01-31 05417872 d:Goodwill 2024-01-31 05417872 d:CurrentFinancialInstruments 2025-01-31 05417872 d:CurrentFinancialInstruments 2024-01-31 05417872 d:Non-currentFinancialInstruments 2025-01-31 05417872 d:Non-currentFinancialInstruments 2024-01-31 05417872 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 05417872 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 05417872 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 05417872 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 05417872 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-01-31 05417872 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 05417872 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-01-31 05417872 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 05417872 d:ShareCapital 2025-01-31 05417872 d:ShareCapital 2024-01-31 05417872 d:RetainedEarningsAccumulatedLosses 2025-01-31 05417872 d:RetainedEarningsAccumulatedLosses 2024-01-31 05417872 c:OrdinaryShareClass1 2024-02-01 2025-01-31 05417872 c:OrdinaryShareClass1 2025-01-31 05417872 c:OrdinaryShareClass1 2024-01-31 05417872 c:FRS102 2024-02-01 2025-01-31 05417872 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 05417872 c:FullAccounts 2024-02-01 2025-01-31 05417872 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05417872 7 2024-02-01 2025-01-31 05417872 d:Goodwill d:OwnedIntangibleAssets 2024-02-01 2025-01-31 05417872 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05417872 ROSS ESTATES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JANUARY 2025
ROSS ESTATES LIMITED REGISTERED NUMBER: 05417872 BALANCE SHEET AS AT 31 JANUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 60,000 |  | 75,000
Tangible assets | 5 |  | 8,342 |  | 8,908
|  |  | 68,342 |  | 83,908
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 147,390 |  | 138,057 |
Cash at bank and in hand |  | 110,222 |  | 50,851 |
|  | 257,612 |  | 188,908 |
Creditors: amounts falling due within one year | 7 | (221,489) |  | (222,127) |
Net current assets/(liabilities) |  |  | 36,123 |  | (33,219)
Total assets less current liabilities |  |  | 104,465 |  | 50,689
Creditors: amounts falling due after more than one year | 8 |  | (5,000) |  | (26,250)
Net assets |  |  | 99,465 |  | 24,439
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 2 |  | 2
Profit and loss account |  |  | 99,463 |  | 24,437
|  |  | 99,465 |  | 24,439
Page 1
ROSS ESTATES LIMITED REGISTERED NUMBER: 05417872 BALANCE SHEET (CONTINUED) AS AT 31 JANUARY 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 on 18 September 2025.
Mr P Ross
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
1. | General information
Ross Estates Limited is a private limited company registered in England and Wales, company registration number 05417872. The registered office and principal operating address is 2 Jasmine Villas, Whickham, Newcastle upon Tyne, NE16 4JH. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The following principal accounting policies have been applied:
| 2.2 | Going concern
After due consideration, the directors are satisfied that the company will continue to be a going concern for at least the next twelve months following the date these financial statements are approved.
| 2.3 | Turnover
Turnover represents conveyancing and estate agent services undertaken during the year.
| 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. Page 3
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 2.5 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | 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.
| 2.7 | Intangible assets
Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life. Other intangible assets Intangible assets are initially recognised at cost. After recognition, under the revaluation model, intangible assets shall be carried at a revalued amount, being its fair value at the date of revaluation less any subsequent accumulated amortisation and subsequent impairment losses - provided that the fair value can be determined by reference to an active market. Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the balance sheet date. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. Page 4
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 2.8 | 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. At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. 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:
|  |  |  | Fixtures and fittings | - | 20% | straight line basis
|  |  |  | Computer equipment | - | 20% | straight line basis
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.
| 2.9 | 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 | 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.
| 2.11 | Holiday pay accrual
A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.
| 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
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 23 (2024 - 23).
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 February 2024 | 150,000
| At 31 January 2025 | 150,000
| Amortisation |
| At 1 February 2024 | 75,000
| Charge for the year on owned assets | 15,000
| At 31 January 2025 | 90,000
| Net book value |
| At 31 January 2025 | 60,000
| At 31 January 2024 | 75,000
| Goodwill was purchased from Peter Ross, a director, for the value of his unincorporated licenced conveyancing business. This is to be amortised over 10 years, its useful economic life.
Page 6
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
5. | Tangible fixed assets
|  | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 February 2024 | 21,622 | 10,180 | 31,802
| Additions | - | 1,529 | 1,529
| At 31 January 2025 | 21,622 | 11,709 | 33,331
| Depreciation |  |  |
| At 1 February 2024 | 21,622 | 1,272 | 22,894
| Charge for the year on owned assets | - | 2,095 | 2,095
| At 31 January 2025 | 21,622 | 3,367 | 24,989
| Net book value |  |  |
| At 31 January 2025 | - | 8,342 | 8,342
| At 31 January 2024 | - | 8,908 | 8,908
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 51,841 | 21,966
| Other debtors | 53,082 | 108,450
| Prepayments and accrued income | 42,467 | 7,641
|  | 147,390 | 138,057
Page 7
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 21,250 | 17,500
| Trade creditors | - | 2,952
| Corporation tax | 159,698 | 103,545
| Other taxation and social security | 33,255 | 85,758
| Accruals and deferred income | 7,286 | 12,372
|  | 221,489 | 222,127
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 5,000 | 26,250
|  | 5,000 | 26,250
Page 8
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 21,250 | 17,500
|  | 21,250 | 17,500
| Amounts falling due 1-2 years |  |
| Bank loans | 5,000 | 17,500
|  | 5,000 | 17,500
| Amounts falling due 2-5 years |  |
| Bank loans | - | 8,750
|  | - | 8,750
|  | 26,250 | 43,750
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2 (2024 - 2) Ordinary Shares shares of £1.00 each | 2.00 | 2.00
11. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £8,941 (2024: £8,585). Contributions totalling £3,836 (2024 : £3,383) were payable at the year end. Page 9
ROSS ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
12. | Related party transactions
| Rent of £33,000 (2024: £33,000) has been paid to Mr and Mrs Ross, directors, on normal commercial terms, for the use of the company's offices which are privately owned by them. As at 31 January 2025, £39,688 was owed to the company from the directors (2024: £74,355). The maximum amount owed during the year was £74,355.
Page 10