Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 2025-05-31 No description of principal activity 2024-06-01 false 1 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05501751 2024-06-01 2025-05-31 05501751 2023-06-01 2024-05-31 05501751 2025-05-31 05501751 2024-05-31 05501751 c:Director1 2024-06-01 2025-05-31 05501751 d:PlantMachinery 2024-06-01 2025-05-31 05501751 d:PlantMachinery 2025-05-31 05501751 d:PlantMachinery 2024-05-31 05501751 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 05501751 d:OfficeEquipment 2024-06-01 2025-05-31 05501751 d:OfficeEquipment 2025-05-31 05501751 d:OfficeEquipment 2024-05-31 05501751 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 05501751 d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 05501751 d:CurrentFinancialInstruments 2025-05-31 05501751 d:CurrentFinancialInstruments 2024-05-31 05501751 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 05501751 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 05501751 d:ShareCapital 2025-05-31 05501751 d:ShareCapital 2024-05-31 05501751 d:RetainedEarningsAccumulatedLosses 2025-05-31 05501751 d:RetainedEarningsAccumulatedLosses 2024-05-31 05501751 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-05-31 05501751 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-05-31 05501751 c:EntityNoLongerTradingButTradedInPast 2024-06-01 2025-05-31 05501751 c:FRS102 2024-06-01 2025-05-31 05501751 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 05501751 c:AbridgedAccounts 2024-06-01 2025-05-31 05501751 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 05501751 2 2024-06-01 2025-05-31 05501751 e:PoundSterling 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Registered number: 05501751 PAUL BROWNE HOMES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MAY 2025
PAUL BROWNE HOMES LIMITED REGISTERED NUMBER:05501751
BALANCE SHEET AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  |  |  |
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 3,309 |  | 3,508
Current assets |  |  |  |  |
Stocks |  | - |  | 15,000 |
Debtors: amounts falling due within one year | 5 | 471 |  | 15,939 |
Cash at bank and in hand | 6 | 522,180 |  | 593,172 |
|  | 522,651 |  | 624,111 |
Creditors: amounts falling due within one year | 7 | (7,077) |  | (22,197) |
Net current assets |  |  | 515,574 |  | 601,914
Total assets less current liabilities |  |  | 518,883 |  | 605,422
Net assets |  |  | £518,883 |  | £605,422
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 261,298 |  | 261,298
Profit and loss account |  |  | 257,585 |  | 344,124
|  |  | £518,883 |  | £605,422
Page 1
PAUL BROWNE HOMES LIMITED REGISTERED NUMBER:05501751
BALANCE SHEET (CONTINUED) AS AT 31 MAY 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 29 October 2025.
___________________________ P R Browne
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
PAUL BROWNE HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
Paul Browne Homes Limited is a private company limited by shares. The company registration number is 05501751 and is incorporated in England and Wales. The registered office of the company is Henwood House, Henwood, Ashford, Kent TN24 8DH. The principal place of business is 3 Abbotsfield, Lees Road, Brabourne Lees, Kent TN25 6RN. 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006. 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: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 2.3 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | 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
PAUL BROWNE HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 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.
| 2.7 | 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a straight line and reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 20% | reducing balance sheet
|  |  |  | Office equipment | - | 20% | straight line basis
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.
| 2.8 | Work in progress and finished goods
Work in progress and finished goods includes development land costs, materials, labour and related professional fees adjusted for disposal during the period.
| 2.9 | 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.
| 2.10 | 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. Page 4
PAUL BROWNE HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.12 | 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. 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. 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.
| 2.13 | 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 1 (2024 - 2).
Page 5
PAUL BROWNE HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
4. | Tangible fixed assets
|  | Plant and machinery | Office equipment | Total
| Cost or valuation |  |  |
| At 1 June 2024 | 28,914 | 2,938 | 31,852
| Additions | - | 624 | 624
| At 31 May 2025 | 28,914 | 3,562 | 32,476
| Depreciation |  |  |
| At 1 June 2024 | 25,972 | 2,372 | 28,344
| Charge for the year on owned assets | 587 | 236 | 823
| At 31 May 2025 | 26,559 | 2,608 | 29,167
| Net book value |  |  |
| At 31 May 2025 | £2,355 | £954 | £3,309
| At 31 May 2024 | £2,942 | £566 | £3,508
5. | Debtors
|  |  |  |  | 2025 | 2024
| Other debtors | 471 | 14,070
| Prepayments and accrued income | - | 1,869
|  | £471 | £15,939
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
| Cash at bank and in hand | £522,180 | £593,172
Page 6
PAUL BROWNE HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
| Trade creditors | 48 | 71
| Amounts owed to associates | 194 | -
| Other creditors | 835 | 15,126
| Accruals and deferred income | 6,000 | 7,000
|  | £7,077 | £22,197
8. | Financial instruments
|  |  |  |  | 2025 | 2024
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | £522,180 | £593,172
| Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.
Page 7