Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-30 2024-09-30 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 2023-10-01 false The principle activity of the company during the year was that of an investment company.2 true false 00364523 2023-10-01 2024-09-30 00364523 2022-10-01 2023-09-30 00364523 2024-09-30 00364523 2023-09-30 00364523 2022-10-01 00364523 c:PriorPeriodIncreaseDecrease 2023-10-01 2024-09-30 00364523 c:PriorPeriodIncreaseDecrease 2022-10-01 2023-09-30 00364523 5 2023-10-01 2024-09-30 00364523 e:Director1 2023-10-01 2024-09-30 00364523 c:FurnitureFittings 2023-10-01 2024-09-30 00364523 c:FurnitureFittings 2024-09-30 00364523 c:FurnitureFittings 2023-09-30 00364523 c:FurnitureFittings c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 00364523 c:FreeholdInvestmentProperty 2024-09-30 00364523 c:FreeholdInvestmentProperty 2023-09-30 00364523 c:FreeholdInvestmentProperty 2 2023-10-01 2024-09-30 00364523 c:CurrentFinancialInstruments 2024-09-30 00364523 c:CurrentFinancialInstruments 2023-09-30 00364523 c:CurrentFinancialInstruments c:WithinOneYear 2024-09-30 00364523 c:CurrentFinancialInstruments c:WithinOneYear 2023-09-30 00364523 c:ShareCapital 2023-10-01 2024-09-30 00364523 c:ShareCapital 2024-09-30 00364523 c:ShareCapital 2022-10-01 2023-09-30 00364523 c:ShareCapital 2023-09-30 00364523 c:ShareCapital 2022-10-01 00364523 c:RevaluationReserve 2023-10-01 2024-09-30 00364523 c:RevaluationReserve 2024-09-30 00364523 c:RevaluationReserve c:PriorPeriodIncreaseDecrease 2023-10-01 2024-09-30 00364523 c:RevaluationReserve 5 2023-10-01 2024-09-30 00364523 c:RevaluationReserve 2022-10-01 2023-09-30 00364523 c:RevaluationReserve 2023-09-30 00364523 c:RevaluationReserve c:PriorPeriodIncreaseDecrease 2022-10-01 2023-09-30 00364523 c:RevaluationReserve 2022-10-01 00364523 c:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 00364523 c:RetainedEarningsAccumulatedLosses 2024-09-30 00364523 c:RetainedEarningsAccumulatedLosses c:PriorPeriodIncreaseDecrease 2023-10-01 2024-09-30 00364523 c:RetainedEarningsAccumulatedLosses 2022-10-01 2023-09-30 00364523 c:RetainedEarningsAccumulatedLosses 2023-09-30 00364523 c:RetainedEarningsAccumulatedLosses c:PriorPeriodIncreaseDecrease 2022-10-01 2023-09-30 00364523 c:RetainedEarningsAccumulatedLosses 2022-10-01 00364523 c:OtherDeferredTax 2024-09-30 00364523 c:OtherDeferredTax 2023-09-30 00364523 e:FRS102 2023-10-01 2024-09-30 00364523 e:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 00364523 e:FullAccounts 2023-10-01 2024-09-30 00364523 e:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 00364523 2 2023-10-01 2024-09-30 00364523 f:PoundSterling 2023-10-01 2024-09-30 00364523 c:ShareCapital c:PriorPeriodErrorIncreaseDecrease 2023-10-01 2024-09-30 00364523 c:ShareCapital c:PriorPeriodErrorIncreaseDecrease 2022-10-01 2023-09-30 00364523 c:RevaluationReserve c:PreviouslyStatedAmount 2022-10-01 00364523 c:RetainedEarningsAccumulatedLosses c:PreviouslyStatedAmount 2023-09-30 00364523 c:RetainedEarningsAccumulatedLosses c:PreviouslyStatedAmount 2022-10-01 00364523 c:PreviouslyStatedAmount 2023-09-30 00364523 c:PreviouslyStatedAmount 2022-10-01 00364523 c:RetainedEarningsAccumulatedLosses 5 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 00364523 EKER FURS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 SEPTEMBER 2024
EKER FURS LIMITED REGISTERED NUMBER: 00364523 BALANCE SHEET AS AT 30 SEPTEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 2 |  | 632 |  | 743
Investment property | 4 |  | 4,500,000 |  | 6,000,000
|  |  | 4,500,632 |  | 6,000,743
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 7,625 |  | 44,736 |
Cash at bank and in hand | 6 | 56,613 |  | 117,809 |
|  | 64,238 |  | 162,545 |
Creditors: amounts falling due within one year | 7 | (239,943) |  | (204,932) |
Net current liabilities |  |  | (175,705) |  | (42,387)
Total assets less current liabilities |  |  | 4,324,927 |  | 5,958,356
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (770,586) |  | (1,145,586) |
|  |  | (770,586) |  | (1,145,586)
Net assets |  |  | 3,554,341 |  | 4,812,770
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 25,000 |  | 25,000
Revaluation reserve |  |  | 2,544,128 |  | 3,669,128
Profit and loss account |  |  | 985,213 |  | 1,118,642
|  |  | 3,554,341 |  | 4,812,770
Page 1
EKER FURS LIMITED REGISTERED NUMBER: 00364523 BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2024 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 profit and loss account 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 20 October 2025.
................................................ Michael P. Eker
Director
The notes on pages 5 to 10 form part of these financial statements. Page 2
EKER FURS LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 SEPTEMBER 2024
| Called up share capital | Revaluation reserve | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 October 2023 (as previously stated) | 25,000 | 3,669,128 | 849,706 | 4,543,834
Prior year adjustment - correction of error | - | - | 268,936 | 268,936
At 1 October 2023 (as restated) | 25,000 | 3,669,128 | 1,118,642 | 4,812,770
Comprehensive income for the year |  |  |  |
Loss for the year | - | - | (1,258,429) | (1,258,429)
Deficit on revaluation of freehold property | - | (1,125,000) | - | (1,125,000)
Other comprehensive income for the year | - | (1,125,000) | - | (1,125,000)
Total comprehensive income for the year | - | (1,125,000) | (1,258,429) | (2,383,429)
Contributions by and distributions to owners |  |  |  |
Transfer to/from profit and loss account | - | - | 1,125,000 | 1,125,000
Total transactions with owners | - | - | 1,125,000 | 1,125,000
At 30 September 2024 | 25,000 | 2,544,128 | 985,213 | 3,554,341
| The notes on pages 5 to 10 form part of these financial statements.
Page 3
EKER FURS LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 SEPTEMBER 2023
| Called up share capital | Revaluation reserve | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 October 2022 (as previously stated) | 25,000 | 4,519,128 | 1,050,559 | 5,594,687
Prior year adjustment - correction of error | - | (850,000) | 268,936 | (581,064)
At 1 October 2022 (as restated) | 25,000 | 3,669,128 | 1,319,495 | 5,013,623
Comprehensive income for the year |  |  |  |
Profit for the year | - | - | 9,147 | 9,147
Other comprehensive income for the year | - | - | - | -
Total comprehensive income for the year | - | - | 9,147 | 9,147
Contributions by and distributions to owners |  |  |  |
Dividends: Equity capital | - | - | (210,000) | (210,000)
Total transactions with owners | - | - | (210,000) | (210,000)
At 30 September 2023 | 25,000 | 3,669,128 | 1,118,642 | 4,812,770
| The notes on pages 5 to 10 form part of these financial statements.
Page 4
EKER FURS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 1.Accounting policies
| 1.1 | 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:
| 1.2 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 1.3 | 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.
| 1.4 | 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 5
EKER FURS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 1.Accounting policies (continued)
| 1.4 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 15 % reducing balance
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.
| 1.5 | 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.
| 1.6 | 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.
| 1.7 | 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.
| 1.8 | 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.
| 1.9 | 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. Page 6
EKER FURS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 1.Accounting policies (continued)
| 1.9 | Financial instruments (continued)
Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors due with the operating cycle fall into this category of financial instruments. Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. 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. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is 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 creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments 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 creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors 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. Page 7
EKER FURS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 1.Accounting policies (continued)
| 1.9 | Financial instruments (continued)
Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
2. | Tangible fixed assets
|  | Fixtures and fittings
|  | £
| Cost or valuation |
| At 1 October 2023 | 7,079
| At 30 September 2024 | 7,079
| Depreciation |
| At 1 October 2023 | 6,336
| Charge for the year on owned assets | 111
| At 30 September 2024 | 6,447
| Net book value |
| At 30 September 2024 | 632
| At 30 September 2023 | 743
3. | Employees
The average monthly employees, including directors, during the year was 2 (2022: 2) Page 8
EKER FURS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 October 2023 | 6,000,000
| Surplus on revaluation | (1,500,000)
| At 30 September 2024 | 4,500,000
The 2024 valuations were made by the directors, on an open market value for existing use basis.
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Historic cost | 1,185,285 | 1,185,285
|  | 1,185,285 | 1,185,285
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other debtors | 7,625 | 44,736
|  | 7,625 | 44,736
6. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 56,613 | 117,809
|  | 56,613 | 117,809
Page 9
EKER FURS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 3,056 | 6,383
| Corporation tax | 9 | 9
| Other creditors | 230,970 | 151,532
| Accruals and deferred income | 5,908 | 47,008
|  | 239,943 | 204,932
8. | Deferred taxation
|  | 2024
|  | £
| At beginning of year | (1,145,586)
| Charge in year | 375,000
| At end of year | (770,586)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Fair value movement in relation to investment property | (770,586) | (1,145,586)
|  | (770,586) | (1,145,586)
9.Other financial commitments At 30th September 2024, the company had total commitments under non-cancellable rental leases over the remaining life of those leases of £276,744. (2023 £376,073).
10. | Related party transactions
| The directors are also directors of, and have interest in the share capital of Michard Limited. At the balance sheet date there was £151,293 (£2023: 40,822) owed to Michard Limited. At the year end a balance of £79,177 (2023: -£44,734) was due to the directors.
Page 10