Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 As at 1 April 2024 a director owed the company £24,994. During the year, the director received advances of £175,000 and made repayments totalling £26,305. Interest of £4,250 was charged. As a result, at 31 March 2025 the the director owed the company £177,939. As at 1 April 2024 a director owed the company £18,708. During the year, the director received advances of £24,695 and made repayments totalling £45,500. Interest of £250 was charged. As a result, at 31 March 2025 the Company owed the director £1,846. As at 1 April 2024 a director owed the company £107,615. During the year, the director received advances of £183,870 and made repayments totalling £304,900. Interest of £2,694 was charged. As a result, at 31 March 2025 the Company owed the director £10,721.151317 383565 383899 12567 2024-04-01 false No description of principal activity 3 3 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03165411 2024-04-01 2025-03-31 03165411 2023-04-01 2024-03-31 03165411 2025-03-31 03165411 2024-03-31 03165411 c:Director1 2024-04-01 2025-03-31 03165411 c:Director2 2024-04-01 2025-03-31 03165411 d:MotorVehicles 2024-04-01 2025-03-31 03165411 d:FurnitureFittings 2024-04-01 2025-03-31 03165411 d:FurnitureFittings 2025-03-31 03165411 d:FurnitureFittings 2024-03-31 03165411 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 03165411 d:ComputerEquipment 2024-04-01 2025-03-31 03165411 d:FreeholdInvestmentProperty 2024-04-01 2025-03-31 03165411 d:FreeholdInvestmentProperty 2025-03-31 03165411 d:FreeholdInvestmentProperty 2024-03-31 03165411 d:FreeholdInvestmentProperty 2 2024-04-01 2025-03-31 03165411 d:CurrentFinancialInstruments 2025-03-31 03165411 d:CurrentFinancialInstruments 2024-03-31 03165411 d:Non-currentFinancialInstruments 2025-03-31 03165411 d:Non-currentFinancialInstruments 2024-03-31 03165411 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 03165411 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03165411 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 03165411 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 03165411 d:ShareCapital 2025-03-31 03165411 d:ShareCapital 2024-03-31 03165411 d:RevaluationReserve 2025-03-31 03165411 d:RevaluationReserve 2024-03-31 03165411 d:RetainedEarningsAccumulatedLosses 2025-03-31 03165411 d:RetainedEarningsAccumulatedLosses 2024-03-31 03165411 c:FRS102 2024-04-01 2025-03-31 03165411 c:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03165411 c:FullAccounts 2024-04-01 2025-03-31 03165411 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03165411 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-04-01 2025-03-31 03165411 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2025-03-31 03165411 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-03-31 03165411 2 2024-04-01 2025-03-31 03165411 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 03165411 D N GRADY & SONS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
D N GRADY & SONS LIMITED CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF D N GRADY & SONS LIMITED FOR THE YEAR ENDED 31 MARCH 2025 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of D N Grady & Sons Limited for the year ended 31 March 2025 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation. This report is made solely to the Board of directors of D N Grady & Sons Limited, as a body, in accordance with the terms of our engagement letter dated 2 August 2023. Our work has been undertaken solely to prepare for your approval the financial statements of D N Grady & Sons Limited and state those matters that we have agreed to state to the Board of directors of D N Grady & Sons Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than D N Grady & Sons Limited and its Board of directors, as a body, for our work or for this report. It is your duty to ensure that D N Grady & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of D N Grady & Sons Limited. You consider that D N Grady & Sons Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or review of the financial statements of D N Grady & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. MA Partners LLP 7 The Close Norwich Norfolk NR1 4DJ 10 September 2025 Page 1
D N GRADY & SONS LIMITED REGISTERED NUMBER: 03165411 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 135 |  | 159
Investment property | 5 |  | 9,548,750 |  | 9,559,287
|  |  | 9,548,885 |  | 9,559,446
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 503,575 |  | 669,894 |
Cash at bank and in hand |  | 648,768 |  | 494,068 |
|  | 1,152,343 |  | 1,163,962 |
Creditors: amounts falling due within one year | 7 | (627,816) |  | (499,176) |
Net current assets |  |  | 524,527 |  | 664,786
Total assets less current liabilities |  |  | 10,073,412 |  | 10,224,232
Creditors: amounts falling due after more than one year | 8 |  | (966,552) |  | (1,252,352)
Provisions for liabilities |  |  |  |  |
Deferred tax |  |  | (437,854) |  | (429,270)
Net assets |  |  | 8,669,006 |  | 8,542,610
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1,000 |  | 1,000
Revaluation reserve |  |  | 3,735,057 |  | 3,715,644
Profit and loss account |  |  | 4,932,949 |  | 4,825,966
|  |  | 8,669,006 |  | 8,542,610
Page 2
D N GRADY & SONS LIMITED REGISTERED NUMBER: 03165411 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 comprehensive income 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 September 2025.
D N Grady | J A Grady
Director | Director
The notes on pages 4 to 10 form part of these financial statements. Page 3
D N GRADY & SONS 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. It is both incorporated and domiciled in England and Wales. The registered office is 7 The Close, Norwich, NR1 4DJ. The principal place of business is The Poplars, Ashwellthorpe Road, Wreningham, Norwich, NR16 1AW. The company's principal activities are that of letting own real estate. 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 | 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 and value added tax.
| 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 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds. Page 4
D N GRADY & SONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | 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 reducing balance and a straight line basis. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 25% | reducing balance
|  |  |  | Equipment - Fixtures and fittings | - | 15% | reducing balance
|  |  |  | Equipment - Computer equipment | - | 33% | 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. Page 5
D N GRADY & SONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Investment property
Investment property is carried at fair value determined annually by the directors 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 the Profit and loss account.
| 2.10 | 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.
| 2.11 | 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.
| 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. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. 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 Financial assets are assessed for indicators of impairment at each reporting date. 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. Page 6
D N GRADY & SONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.12 | Financial instruments (continued)
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. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price. 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 payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Other financial instruments Debt instruments that do not meet the conditions as set out in FRS 102 paragraph 11.9 are subsequently measured at fair value through the profit or loss. 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. Page 7
D N GRADY & SONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
4. | Tangible fixed assets
|  | Equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 2,138
| At 31 March 2025 | 2,138
| Depreciation |
| At 1 April 2024 | 1,979
| Charge for the year on owned assets | 24
| At 31 March 2025 | 2,003
| Net book value |
| At 31 March 2025 | 135
| At 31 March 2024 | 159
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 9,559,287
| Disposals | (40,000)
| Surplus on revaluation | 29,463
| At 31 March 2025 | 9,548,750
The 2025 valuations were made by a director, on an open market value for existing use basis.
Page 8
D N GRADY & SONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 99,453 | 95,755
| Other debtors | 377,993 | 527,079
| Prepayments and accrued income | 26,129 | 47,060
|  | 503,575 | 669,894
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 77,056 | 75,179
| Trade creditors | 81,416 | 32,906
| Other taxation and social security | 95,122 | 117,330
| Other creditors | 279,264 | 233,906
| Accruals and deferred income | 94,958 | 39,855
|  | 627,816 | 499,176
| The bank loans are secured by a debenture and mortgages against the Company's investment property.
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 966,552 | 1,252,352
|  | 966,552 | 1,252,352
| The bank loans are secured by a debenture and mortgages against the Company's investment property.
Page 9
D N GRADY & SONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Transactions with directors
As at 1 April 2024 a director owed the company £24,994. During the year, the director received advances of £175,000 and made repayments totalling £26,305. Interest of £4,250 was charged. As a result, at 31 March 2025 the the director owed the company £177,939. As at 1 April 2024 a director owed the company £18,708. During the year, the director received advances of £24,695 and made repayments totalling £45,500. Interest of £250 was charged. As a result, at 31 March 2025 the Company owed the director £1,846. As at 1 April 2024 a director owed the company £107,615. During the year, the director received advances of £183,870 and made repayments totalling £304,900. Interest of £2,694 was charged. As a result, at 31 March 2025 the Company owed the director £10,721.
Page 10