Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-31 2025-01-31 false true No description of principal activity 2024-02-01 1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11130519 2024-02-01 2025-01-31 11130519 2023-02-01 2024-01-31 11130519 2025-01-31 11130519 2024-01-31 11130519 c:Director1 2024-02-01 2025-01-31 11130519 d:FreeholdInvestmentProperty 2025-01-31 11130519 d:FreeholdInvestmentProperty 2024-01-31 11130519 d:FreeholdInvestmentProperty 2 2024-02-01 2025-01-31 11130519 d:CurrentFinancialInstruments 2025-01-31 11130519 d:CurrentFinancialInstruments 2024-01-31 11130519 d:Non-currentFinancialInstruments 2025-01-31 11130519 d:Non-currentFinancialInstruments 2024-01-31 11130519 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 11130519 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 11130519 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 11130519 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 11130519 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-01-31 11130519 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 11130519 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-01-31 11130519 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 11130519 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-01-31 11130519 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-01-31 11130519 d:ShareCapital 2025-01-31 11130519 d:ShareCapital 2024-01-31 11130519 d:RetainedEarningsAccumulatedLosses 2025-01-31 11130519 d:RetainedEarningsAccumulatedLosses 2024-01-31 11130519 c:OrdinaryShareClass1 2024-02-01 2025-01-31 11130519 c:OrdinaryShareClass1 2025-01-31 11130519 c:OrdinaryShareClass1 2024-01-31 11130519 c:FRS102 2024-02-01 2025-01-31 11130519 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11130519 c:FullAccounts 2024-02-01 2025-01-31 11130519 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11130519 d:OtherDeferredTax 2025-01-31 11130519 d:OtherDeferredTax 2024-01-31 11130519 f:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11130519 DHILLONAIRES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JANUARY 2025
DHILLONAIRES LIMITED REGISTERED NUMBER: 11130519 BALANCE SHEET AS AT 31 JANUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 393,000 |  | 385,000
|  |  | 393,000 |  | 385,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 31,260 |  | 31,211 |
Cash at bank and in hand |  | 9,835 |  | 4,280 |
|  | 41,095 |  | 35,491 |
Creditors: amounts falling due within one year | 6 | (114,057) |  | (108,581) |
Net current liabilities |  |  | (72,962) |  | (73,090)
Total assets less current liabilities |  |  | 320,038 |  | 311,910
Creditors: amounts falling due after more than one year | 7 |  | (234,143) |  | (235,765)
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (15,578) |  | (14,057) |
|  |  | (15,578) |  | (14,057)
Net assets |  |  | 70,317 |  | 62,088
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Profit and loss account |  |  | 70,217 |  | 61,988
|  |  | 70,317 |  | 62,088
Page 1
DHILLONAIRES LIMITED REGISTERED NUMBER: 11130519 BALANCE SHEET (CONTINUED) AS AT 31 JANUARY 2025 The director considers 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 director acknowledges his 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 16 October 2025.
R Dhillon
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
DHILLONAIRES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
1. | General information
The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 11130519. The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, B16 8SP. The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1. 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. Cash flow Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company. The following principal accounting policies have been applied:
| 2.2 | Going concern
The accounts are prepared on the going concern basis.
| 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: Rental of investment properties Turnover from the rental of investment properties are recognised when all the following conditions are satisfied: - the amount of turnover can be measured reliably; - it is probable that the Company will receive consideration due for the period of rent; - the period of rent can be measured reliably; and - the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 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
DHILLONAIRES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.6 | 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 balance sheet 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 balance sheet 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 balance sheet date.
| 2.7 | 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.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.9 | 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. Page 4
DHILLONAIRES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 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 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
Page 5
DHILLONAIRES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 February 2024 | 385,000
| Surplus on revaluation | 8,000
| At 31 January 2025 | 393,000
| Comprising |
| Cost | 350,331
| Annual revaluation surplus/(deficit): |
| 2023 | 14,469
| 2024 | 20,200
| 2025 | 8,000
| At 31 January 2025 | 393,000
The 2025 valuations were made by the director, on an open market value for existing use basis. During the current year deferred tax on the revaluation of the properties was recalculated accordingly to £15,578 (2024 - £14,058) as at the balance sheet date. The movement on deferred tax calculated in the year on the revaluation of the properties was £1,520 (2024 - £3,838).
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 30,259 | 30,259
| Prepayments and accrued income | 1,001 | 952
|  | 31,260 | 31,211
Page 6
DHILLONAIRES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 949 | 949
| Corporation tax | 410 | 483
| Other creditors | 111,768 | 106,249
| Accruals and deferred income | 930 | 900
|  | 114,057 | 108,581
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 234,143 | 235,765
|  | 234,143 | 235,765
| Details of security provided: Bank loans of £227,577 (2024 - £227,914) are secured by a fixed charged over the freehold investment property held by the company.
| The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Repayable by instalments | 2,772 | 4,057
| Repayable other than by instalments | 227,577 | 227,914
|  | 230,349 | 231,971
The loan for £102,081 (2024 - £102,436) was taken out on 9 January 2019 for a term of 35 years. The loan is interest only at a rate of 3.49% APR. The loan for £125,496 (2024 - £125,477) was taken out on 12 August 2021 for a term of 25 years. The loan is interest only at a rate of 3.39% APR. The loan for £7,514 (2024 - £8,799) was a Bounce Back Loan taken out on 5 June 2020 for a term of 10 years. The first 12 months are interest and repayment free and then interest is charged on the loan at 2.5% per annum. Page 7
DHILLONAIRES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
8. | Loans
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 949 | 949
|  | 949 | 949
| Amounts falling due 1-2 years |  |
| Bank loans | 949 | 949
|  | 949 | 949
| Amounts falling due 2-5 years |  |
| Bank loans | 2,846 | 2,846
|  | 2,846 | 2,846
| Amounts falling due after more than 5 years |  |
| Bank loans | 230,349 | 231,971
|  | 230,349 | 231,971
|  | 235,093 | 236,715
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (14,058)
| Charged to profit or loss | (1,520)
| At end of year | (15,578)
Page 8
DHILLONAIRES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 9.Deferred taxation (continued)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Revaluation of investment property | (15,578) | (14,058)
|  | (15,578) | (14,058)
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Authorised, allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
11. | Related party transactions
| As at the balance sheet date amounts due to the director amounted to £111,768 (2024 - £106,250). During the year the company loaned a company under common control of the director £Nil (2024 - £13,240). The balance of £30,259 (2024 - £30,259) remained outstanding at the balance sheet date. Loans are interest free and repayable on demand.
Page 9