Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 3 No description of principal activity The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 2024-04-01 false 3 false true 09384358 2024-04-01 2025-03-31 09384358 2023-04-01 2024-03-31 09384358 2025-03-31 09384358 2024-03-31 09384358 c:Director2 2024-04-01 2025-03-31 09384358 d:FreeholdInvestmentProperty 2025-03-31 09384358 d:FreeholdInvestmentProperty 2024-03-31 09384358 d:CurrentFinancialInstruments 2025-03-31 09384358 d:CurrentFinancialInstruments 2024-03-31 09384358 d:Non-currentFinancialInstruments 2025-03-31 09384358 d:Non-currentFinancialInstruments 2024-03-31 09384358 c:FRS102 2024-04-01 2025-03-31 09384358 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09384358 c:FullAccounts 2024-04-01 2025-03-31 09384358 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09384358 d:WithinOneYear 2025-03-31 09384358 d:WithinOneYear 2024-03-31 09384358 d:BetweenOneFiveYears 2025-03-31 09384358 d:BetweenOneFiveYears 2024-03-31 09384358 d:MoreThanFiveYears 2025-03-31 09384358 d:MoreThanFiveYears 2024-03-31 09384358 2 2024-04-01 2025-03-31 09384358 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 09384358 VANEM LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
VANEM LIMITED REGISTERED NUMBER: 09384358 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 685,000 |  | 685,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 1,155 |  | 1,155 |
Cash at bank and in hand | 6 | 12,853 |  | 5,200 |
|  | 14,008 |  | 6,355 |
Creditors: amounts falling due within one year | 7 | (69,223) |  | (67,435) |
Net current liabilities |  |  | (55,215) |  | (61,080)
Total assets less current liabilities |  |  | 629,785 |  | 623,920
Creditors: amounts falling due after more than one year | 8 |  | (29,457) |  | (67,812)
Net assets |  |  | 600,328 |  | 556,108
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 8,300 |  | 8,300
Profit and loss account |  |  | 592,028 |  | 547,808
|  |  | 600,328 |  | 556,108
Page 1
VANEM LIMITED REGISTERED NUMBER: 09384358 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 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:
................................................ B A van Millingen
Director
Date: 22 September 2025
The notes on pages 3 to 6 form part of these financial statements. Page 2
VANEM LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Vanem Limited is a limited company incorporated in England, registered number 09384358 and has its principal place of business at 11 Champions Field Way, Flore, Northampton, NN7 4PZ. 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: Rental income is recognised over the period to which it related.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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.
| 2.5 | Investment property
Investment property is carried at fair value determined annually by the directors 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.
| 2.6 | 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. Page 3
VANEM LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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 | 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.
| 2.10 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 685,000
| At 31 March 2025 | 685,000
Page 4
VANEM LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Prepayments and accrued income | 1,155 | 1,155
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 12,853 | 5,200
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 1,116
| Corporation tax | 9,182 | 8,139
| Other taxation and social security | 3,172 | 2,989
| Other creditors | 38,355 | 36,677
| Accruals and deferred income | 18,514 | 18,514
|  | 69,223 | 67,435
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 29,457 | 67,812
Page 5
VANEM LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Commitments under operating leases
| At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 5,000 | 5,000
| Later than 1 year and not later than 5 years | 20,000 | 20,000
| Later than 5 years | 687,917 | 692,917
|  | 712,917 | 717,917
| At 31 March 2025 the Company had future minimum lease receipts due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 65,000 | 65,000
| Later than 1 year and not later than 5 years | 37,917 | 102,917
|  | 102,917 | 167,917
Rent of £65,000 (2024 - £65,000) was received by the Company from a company with common directors. The amount outstanding at the year end was £nil (2024 - £nil). The Company has taken advantage of the exemptions available under FRS102 not to report transactions with wholly owned group members.
10. | Controlling party
The immediate and ultimate parent company is Vanem Holdings Limited, a company incorporated in England. In the opinion of the directors there is no ultimate controlling party.
Page 6