Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-05-01 No description of principal activity 3 3 true true false 11918618 2024-05-01 2025-04-30 11918618 2023-05-01 2024-04-30 11918618 2025-04-30 11918618 2024-04-30 11918618 c:Director1 2024-05-01 2025-04-30 11918618 d:FreeholdInvestmentProperty 2025-04-30 11918618 d:FreeholdInvestmentProperty 2024-04-30 11918618 d:FreeholdInvestmentProperty 2 2024-05-01 2025-04-30 11918618 d:CurrentFinancialInstruments 2025-04-30 11918618 d:CurrentFinancialInstruments 2024-04-30 11918618 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 11918618 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 11918618 d:ShareCapital 2025-04-30 11918618 d:ShareCapital 2024-04-30 11918618 d:RevaluationReserve 2025-04-30 11918618 d:RevaluationReserve 2024-04-30 11918618 d:RetainedEarningsAccumulatedLosses 2025-04-30 11918618 d:RetainedEarningsAccumulatedLosses 2024-04-30 11918618 c:FRS102 2024-05-01 2025-04-30 11918618 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 11918618 c:FullAccounts 2024-05-01 2025-04-30 11918618 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 11918618 2 2024-05-01 2025-04-30 11918618 5 2024-05-01 2025-04-30 11918618 6 2024-05-01 2025-04-30 11918618 f:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 11918618 ABERDARE ESTATES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
ABERDARE ESTATES LIMITED REGISTERED NUMBER: 11918618 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 290,562 |  | 290,562
Investment property | 5 |  | 5,510,000 |  | 4,785,000
|  |  | 5,800,562 |  | 5,075,562
Current assets |  |  |  |  |
Stocks | 6 | 680,000 |  | 114,882 |
Debtors: amounts falling due within one year | 7 | 2,387,398 |  | 2,763,727 |
Cash at bank and in hand | 8 | 283,179 |  | 237,792 |
|  | 3,350,577 |  | 3,116,401 |
Creditors: amounts falling due within one year | 9 | (7,447,603) |  | (7,083,351) |
Net current liabilities |  |  | (4,097,026) |  | (3,966,950)
Total assets less current liabilities |  |  | 1,703,536 |  | 1,108,612
Net assets |  |  | 1,703,536 |  | 1,108,612
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 110 |  | 110
Revaluation reserve |  |  | 1,199,966 |  | 501,749
Profit and loss account |  |  | 503,460 |  | 606,753
|  |  | 1,703,536 |  | 1,108,612
Page 1
ABERDARE ESTATES LIMITED REGISTERED NUMBER: 11918618 BALANCE SHEET (CONTINUED) AS AT 30 APRIL 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 18 November 2025.
M Freed
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
ABERDARE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Aberdare Estates Limited is a private company limited by shares and incorporated in England and Wales (registered number: 11918618). The registered office and principal place of business is 7 Whiteladies Road, Bristol, United Kingdom, BS8 1NN. The principal activity of the company is that of property development. The financial statements are presented in Sterling, which is the functional currency of the company. 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 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
ABERDARE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.3 | 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.
| 2.4 | 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.
| 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 4
ABERDARE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.7 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.8 | 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 profit or loss.
| 2.9 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. 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 Comprehensive Income 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.
| 2.10 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.11 | 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. Page 5
ABERDARE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.12 | 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.
| 2.13 | 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 3 (2024 - 3).
4. | Fixed asset investments
|  | Other fixed asset investments
|  | £
| Cost or valuation |
| At 1 May 2024 | 290,562
| At 30 April 2025 | 290,562
Page 6
ABERDARE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 May 2024 | 4,785,000
| Surplus on revaluation | 725,000
| At 30 April 2025 | 5,510,000
The 2025 valuations were made by the directors, on an open market value for existing use basis.
| At 30 April 2025
| 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 | 5,385,844 | 5,385,844
|  | 5,385,844 | 5,385,844
6. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Work in progress | 680,000 | 114,882
|  | 680,000 | 114,882
Page 7
ABERDARE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 82,668 | 13,130
| Amounts owed by related parties | 633,679 | 633,679
| Other debtors | 1,560,143 | 1,910,633
| Prepayments and accrued income | 110,908 | 128,806
| Tax recoverable | - | 77,479
|  | 2,387,398 | 2,763,727
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 283,179 | 237,792
|  | 283,179 | 237,792
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 82,672 | 87,115
| Amounts owed to related parties | 6,901,516 | 6,426,596
| Other taxation and social security | 14,596 | -
| Other creditors | 3,374 | 4,688
| Accruals and deferred income | 445,445 | 564,952
|  | 7,447,603 | 7,083,351
Page 8