Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-31 2025-01-31 false 2024-02-01 false No description of principal activity 1 1 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13143468 2024-02-01 2025-01-31 13143468 2023-02-01 2024-01-31 13143468 2025-01-31 13143468 2024-01-31 13143468 c:Director1 2024-02-01 2025-01-31 13143468 d:FreeholdInvestmentProperty 2024-02-01 2025-01-31 13143468 d:FreeholdInvestmentProperty 2025-01-31 13143468 d:FreeholdInvestmentProperty 2024-01-31 13143468 d:CurrentFinancialInstruments 2025-01-31 13143468 d:CurrentFinancialInstruments 2024-01-31 13143468 d:Non-currentFinancialInstruments 2025-01-31 13143468 d:Non-currentFinancialInstruments 2024-01-31 13143468 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 13143468 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 13143468 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 13143468 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 13143468 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-01-31 13143468 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-01-31 13143468 d:ShareCapital 2025-01-31 13143468 d:ShareCapital 2024-01-31 13143468 d:RetainedEarningsAccumulatedLosses 2025-01-31 13143468 d:RetainedEarningsAccumulatedLosses 2024-01-31 13143468 c:OrdinaryShareClass1 2024-02-01 2025-01-31 13143468 c:OrdinaryShareClass1 2025-01-31 13143468 c:OrdinaryShareClass1 2024-01-31 13143468 c:FRS102 2024-02-01 2025-01-31 13143468 c:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 13143468 c:FullAccounts 2024-02-01 2025-01-31 13143468 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 13143468 2 2024-02-01 2025-01-31 13143468 e:PoundSterling 2024-02-01 2025-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13143468 TUSQ CONSTRUCTION LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JANUARY 2025
TUSQ CONSTRUCTION LTD REGISTERED NUMBER: 13143468 BALANCE SHEET AS AT 31 JANUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 1,562,288 |  | 398,269
|  |  | 1,562,288 |  | 398,269
Current assets |  |  |  |  |
Stocks |  | 16,062 |  | - |
Debtors: amounts falling due within one year | 5 | 172,914 |  | 355 |
Cash at bank and in hand | 6 | 5,975 |  | - |
|  | 194,951 |  | 355 |
Creditors: amounts falling due within one year | 7 | (1,010,214) |  | (399,964) |
Net current liabilities |  |  | (815,263) |  | (399,609)
Total assets less current liabilities |  |  | 747,025 |  | (1,340)
Creditors: amounts falling due after more than one year |  |  | (700,000) |  | -
Net assets/(liabilities) |  |  | 47,025 |  | (1,340)
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Profit and loss account |  |  | 46,925 |  | (1,440)
|  |  | 47,025 |  | (1,340)
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TUSQ CONSTRUCTION LTD REGISTERED NUMBER: 13143468 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 10 November 2025.
Sunil Datt
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
TUSQ CONSTRUCTION LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
1. | General information
TUSQ Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 13143468. The registered office is 43 Frederick Street, Birmingham, West Midlands, England, B1 3HN. 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. The following principal accounting policies have been applied:
| 2.2 | Going concern
The directors have prepared the accounts on a going concern basis.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 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.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 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. Page 3
TUSQ CONSTRUCTION LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 2.Accounting policies (continued)
| 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. 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.
| 2.9 | Stock
Stock is valued at the lower of cost and net realisable value and includes costs incurred to date on future developments.
| 2.10 | 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.
| 2.11 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
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TUSQ CONSTRUCTION LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 February 2024 | 398,269
| Additions at cost | 1,475,469
| Disposals | (311,450)
| At 31 January 2025 | 1,562,288
The 2025 valuations were made by 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:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 1,575,482 | 398,269
|  | 1,575,482 | 398,269
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 36 | -
| Other debtors | 172,878 | 355
|  | 172,914 | 355
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 5,975 | -
|  | 5,975 | -
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TUSQ CONSTRUCTION LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 73,109 | 2,719
| Corporation tax | 15,552 | -
| Other creditors | 920,113 | 395,805
| Accruals and deferred income | 1,440 | 1,440
|  | 1,010,214 | 399,964
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 700,000 | -
|  | 700,000 | -
| The following liabilities were secured:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 700,000 | -
|  | 700,000 | -
| Details of security provided:
The bank loan is secured by a fixed charge on the property located at The Dilke Arms, Aldridge Road, Walsall WS4 2JL in favour of Together Commercial Finance Limited. Page 6
TUSQ CONSTRUCTION LTD 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 after more than 5 years |  |
| Bank loans | 700,000 | -
|  | 700,000 | -
|  | 700,000 | -
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | 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 £24,900 (2023: £NIL) was due to the director. The loan is interest free and repayable on demand.
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