Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2024-04-01 false No description of principal activity 1 1 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07128471 2024-04-01 2025-03-31 07128471 2023-04-01 2024-03-31 07128471 2025-03-31 07128471 2024-03-31 07128471 c:Director1 2024-04-01 2025-03-31 07128471 c:RegisteredOffice 2024-04-01 2025-03-31 07128471 d:OfficeEquipment 2024-04-01 2025-03-31 07128471 d:OfficeEquipment 2025-03-31 07128471 d:OfficeEquipment 2024-03-31 07128471 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 07128471 d:LeaseholdInvestmentProperty 2025-03-31 07128471 d:LeaseholdInvestmentProperty 2024-03-31 07128471 d:CurrentFinancialInstruments 2025-03-31 07128471 d:CurrentFinancialInstruments 2024-03-31 07128471 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07128471 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07128471 d:ShareCapital 2025-03-31 07128471 d:ShareCapital 2024-03-31 07128471 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 07128471 d:RetainedEarningsAccumulatedLosses 2025-03-31 07128471 d:RetainedEarningsAccumulatedLosses 2024-03-31 07128471 c:FRS102 2024-04-01 2025-03-31 07128471 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07128471 c:FullAccounts 2024-04-01 2025-03-31 07128471 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07128471 6 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company registration number: 07128471
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 31 MARCH 2025
| PHILOSOPHICAL PRODUCTIONS LIMITED
PHILOSOPHICAL PRODUCTIONS LIMITED |  |
COMPANY INFORMATION
Director | P H Dennis
Registered number | 07128471
Registered office | Ashcombe House
| 5 The Crescent
| Leatherhead
| Surrey
| KT22 8DY
Accountants | Menzies LLP
| Chartered Accountants
| Ashcombe House
| 5 The Crescent
| Leatherhead
| Surrey
| KT22 8DY
PHILOSOPHICAL PRODUCTIONS LIMITED |  |
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 7
PHILOSOPHICAL PRODUCTIONS LIMITED REGISTERED NUMBER:07128471 |  |
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 423 |  | 845
Investments | 5 |  | 897,803 |  | 857,056
Investment property | 6 |  | 1,449,564 |  | 1,449,564
|  |  | 2,347,790 |  | 2,307,465
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 7,746 |  | 28,292 |
Cash at bank and in hand |  | 985,806 |  | 770,145 |
|  | 993,552 |  | 798,437 |
Creditors: amounts falling due within one year | 8 | (155,943) |  | (145,225) |
Net current assets |  |  | 837,609 |  | 653,212
Total assets less current liabilities |  |  | 3,185,399 |  | 2,960,677
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (1,119) |  | - |
|  |  | (1,119) |  | -
Net assets |  |  | 3,184,280 |  | 2,960,677
Page 1
PHILOSOPHICAL PRODUCTIONS LIMITED REGISTERED NUMBER:07128471 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Capital and reserves |  |  |  |  |
Allotted, called up and fully paid share capital |  |  | 100 |  | 100
Profit and loss account | 9 |  | 3,184,180 |  | 2,960,577
|  |  | 3,184,280 |  | 2,960,677
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 by:
P H Dennis
Director
Date: 28 November 2025
The notes on pages 3 to 7 form part of these financial statements. Page 2
PHILOSOPHICAL PRODUCTIONS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Philosophical Productions Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page. 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | Revenue
Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax and trade discounts.
| 2.3 | 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.
| 2.4 | 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 the Statement of Income and Retained Earnings when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds. Page 3
PHILOSOPHICAL PRODUCTIONS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | 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 reporting 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 reporting 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 reporting date.
| 2.6 | 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Equipment | - | 20% straight line
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.
| 2.7 | Investment property
Investment property is carried at fair value determined annually by the director 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. Page 4
PHILOSOPHICAL PRODUCTIONS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | Valuation of investments
Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.9 | 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.
3. | Employees
| The average monthly number of employees, including the director, during the year was 1 (2024 - 1).
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 April 2024 | 4,237
| Disposals | (2,125)
| At 31 March 2025 | 2,112
| Depreciation |
| At 1 April 2024 | 3,392
| Charge for the year | 422
| Disposals | (2,125)
| At 31 March 2025 | 1,689
| Net book value |
| At 31 March 2025 | 423
| At 31 March 2024 | 845
Page 5
PHILOSOPHICAL PRODUCTIONS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Fixed asset investments
|  | Listed investments
|  | £
| Cost or valuation |
| At 1 April 2024 | 857,056
| Additions | 15,519
| Revaluations | 25,228
| At 31 March 2025 | 897,803
6. | Investment property
|  | Investment property
|  | £
| Valuation |
| At 1 April 2024 | 1,449,564
| At 31 March 2025 | 1,449,564
The 2025 valuation was made by the director, on an open market value for existing use basis.
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | - | 10,306
| Prepayments and accrued income | 7,746 | 15,313
| Deferred taxation | - | 2,673
|  | 7,746 | 28,292
Page 6
PHILOSOPHICAL PRODUCTIONS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax | 118,286 | 97,922
| Other taxation and social security | 28,213 | 17,968
| Other creditors | 717 | 21,230
| Accruals and deferred income | 8,727 | 8,105
|  | 155,943 | 145,225
9. | Reserves
Profit and loss account Included within the Profit and Loss Account is an undistributable amount of £35,195 (2024: £9,967) relating to the fair value movement of investments in the year after taking into account taxation.
10. | Transactions with the director
| At 31 March 2025, included within other creditors is an amount of £517 (2024: £18,656) owed to the director, P H Dennis. During the year the director received advances of £190,961 (2024: £11,250) from the company and made repayments of £209,100 (2024: £Nil). Interest of £Nil (2024 - £Nil) was charged on this loan.
Page 7