Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false 2 true true false 02329705 2024-04-01 2025-03-31 02329705 2023-04-01 2024-03-31 02329705 2025-03-31 02329705 2024-03-31 02329705 c:Director2 2024-04-01 2025-03-31 02329705 d:FurnitureFittings 2024-04-01 2025-03-31 02329705 d:FurnitureFittings 2025-03-31 02329705 d:FurnitureFittings 2024-03-31 02329705 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02329705 d:CurrentFinancialInstruments 2025-03-31 02329705 d:CurrentFinancialInstruments 2024-03-31 02329705 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 02329705 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02329705 d:ShareCapital 2025-03-31 02329705 d:ShareCapital 2024-03-31 02329705 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 02329705 d:RetainedEarningsAccumulatedLosses 2025-03-31 02329705 d:RetainedEarningsAccumulatedLosses 2024-03-31 02329705 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-04-01 2025-03-31 02329705 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2025-03-31 02329705 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2024-03-31 02329705 c:OrdinaryShareClass1 2024-04-01 2025-03-31 02329705 c:OrdinaryShareClass1 2025-03-31 02329705 c:OrdinaryShareClass1 2024-03-31 02329705 c:FRS102 2024-04-01 2025-03-31 02329705 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02329705 c:FullAccounts 2024-04-01 2025-03-31 02329705 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02329705 d:WithinOneYear 2025-03-31 02329705 d:WithinOneYear 2024-03-31 02329705 d:BetweenOneFiveYears 2025-03-31 02329705 d:BetweenOneFiveYears 2024-03-31 02329705 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 02329705 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 02329705 d:TaxLossesCarry-forwardsDeferredTax 2025-03-31 02329705 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 02329705 d:OtherDeferredTax 2025-03-31 02329705 d:OtherDeferredTax 2024-03-31 02329705 2 2024-04-01 2025-03-31 02329705 6 2024-04-01 2025-03-31 02329705 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02329705 MICHAEL TESTLER PROPERTY SERVICES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
MICHAEL TESTLER PROPERTY SERVICES LIMITED REGISTERED NUMBER: 02329705 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 9,196 |  | 9,880
Investments | 5 |  | 1,374,710 |  | 1,429,826
|  |  | 1,383,906 |  | 1,439,706
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 22,428 |  | 48,643 |
Cash at bank and in hand |  | 241,616 |  | 287,080 |
|  | 264,044 |  | 335,723 |
Creditors: amounts falling due within one year | 7 | (38,832) |  | (212,235) |
Net current assets |  |  | 225,212 |  | 123,488
Total assets less current liabilities |  |  | 1,609,118 |  | 1,563,194
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (42,382) |  | (56,939) |
Other provisions | 9 | (4,932) |  | (3,432) |
|  |  | (47,314) |  | (60,371)
Net assets |  |  | 1,561,804 |  | 1,502,823
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Profit and loss account | 11 |  | 1,561,704 |  | 1,502,723
|  |  | 1,561,804 |  | 1,502,823
Page 1
MICHAEL TESTLER PROPERTY SERVICES LIMITED REGISTERED NUMBER: 02329705 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:
R. S. Testler
Director
Date: 23 October 2025
The notes on pages 3 to 9 form part of these financial statements. Page 2
MICHAEL TESTLER PROPERTY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
The company is a private company limited by shares and incorporated in England & Wales. The company is not part of a group. The company registered number is 02329705. The registered office is Causeway House, 1 Dane Street, Bishop's Stortford, CM23 3BT. The trading address is 64 Highgate High Street, Highgate, London, N6 5HX. 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 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: 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.
| 2.3 | 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 3
MICHAEL TESTLER PROPERTY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.3 | 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:
|  |  |  | Fixtures and fittings | - | 25% |
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.
| 2.4 | Valuation of investments
Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.5 | 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.
| 2.6 | 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.
| 2.7 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
| 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 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 4
MICHAEL TESTLER PROPERTY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 5
MICHAEL TESTLER PROPERTY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Fixtures and fittings
|  | £
| Cost |
| At 1 April 2024 | 24,347
| Additions | 3,068
| At 31 March 2025 | 27,415
| Depreciation |
| At 1 April 2024 | 14,467
| Charge for the year on owned assets | 3,752
| At 31 March 2025 | 18,219
| Net book value |
| At 31 March 2025 | 9,196
| At 31 March 2024 | 9,880
5. | Fixed asset investments
|  | Listed investments
|  | £
| Cost or valuation |
| At 1 April 2024 | 1,429,826
| Additions | 373,323
| Disposals | (379,055)
| Revaluations | (49,384)
| At 31 March 2025 | 1,374,710
Page 6
MICHAEL TESTLER PROPERTY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 34,189
| Other debtors | 3,090 | 4,373
| Prepayments and accrued income | 19,301 | 10,081
| Tax recoverable | 37 | -
|  | 22,428 | 48,643
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 10,127 | 1,064
| Corporation tax | - | 24,796
| Other taxation and social security | 14,715 | 14,323
| Other creditors | - | 159,051
| Accruals and deferred income | 13,990 | 13,001
|  | 38,832 | 212,235
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (56,939)
| Charged to profit or loss | 14,557
| At end of year | (42,382)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Revaluation surplus | (47,932) | (76,561)
| Accelerated capital allowances | (1,492) | (1,485)
| Unused losses carried forward | 7,042 | 21,107
|  | (42,382) | (56,939)
Page 7
MICHAEL TESTLER PROPERTY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Provisions
|  | Dilapidation provision
|  | £
| At 1 April 2024 | 3,432
| Charged to profit or loss | 1,500
| At 31 March 2025 | 4,932
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
11. | Reserves
Profit and loss account The profit and loss account represents cumulative profit and losses net of dividends and other adjustments.
12. | 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 | 26,000 | 26,000
| Later than 1 year and not later than 5 years | 18,521 | 44,521
|  | 44,521 | 70,521
Page 8
MICHAEL TESTLER PROPERTY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
13. | Related party transactions
| During the year the Company operated a loan account with the directors. Included within other creditors is an amount owed of £Nil (2024 - £27,789). This was repayable on demand and no interest was charged. During the year the Company operated a loan account with a shareholder. The amount due to the shareholder at the year end and within other creditors is £Nil (2024 - £131,262). This was repayable on demand and no interest was charged. During the year the company incurred expenses of £20,000 (2024 - £20,000) in companies in which the directors held a material interest. During the year, the company received income of £195,200 (2024 - £195,200) from companies in which the directors held a material interest.
Page 9