Caseware UK (AP4) 2024.0.164 2024.0.164 2025-08-31 2025-08-31 false 2024-09-01 false members association 10 10 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05364420 2024-09-01 2025-08-31 05364420 2023-09-01 2024-08-31 05364420 2025-08-31 05364420 2024-08-31 05364420 c:Director10 2024-09-01 2025-08-31 05364420 d:PatentsTrademarksLicencesConcessionsSimilar 2025-08-31 05364420 d:PatentsTrademarksLicencesConcessionsSimilar 2024-08-31 05364420 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-08-31 05364420 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 05364420 d:CurrentFinancialInstruments 2025-08-31 05364420 d:CurrentFinancialInstruments 2024-08-31 05364420 d:CurrentFinancialInstruments d:WithinOneYear 2025-08-31 05364420 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 05364420 d:RetainedEarningsAccumulatedLosses 2025-08-31 05364420 d:RetainedEarningsAccumulatedLosses 2024-08-31 05364420 c:FRS102 2024-09-01 2025-08-31 05364420 c:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 05364420 c:FullAccounts 2024-09-01 2025-08-31 05364420 c:CompanyLimitedByGuarantee 2024-09-01 2025-08-31 05364420 2 2024-09-01 2025-08-31 05364420 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2024-09-01 2025-08-31 05364420 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2024-09-01 2025-08-31 05364420 e:PoundSterling 2024-09-01 2025-08-31 iso4217:GBP xbrli:pure

Registered number: 05364420 PROPERTY LITIGATION ASSOCIATION (A company limited by guarantee) UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 AUGUST 2025
PROPERTY LITIGATION ASSOCIATION (A company limited by guarantee) REGISTERED NUMBER: 05364420 BALANCE SHEET AS AT 31 AUGUST 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 19,505 |  | 30,357
|  |  | 19,505 |  | 30,357
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 19,867 |  | 17,416 |
Cash at bank and in hand | 6 | 202,160 |  | 187,987 |
|  | 222,027 |  | 205,403 |
Creditors: amounts falling due within one year | 7 | (15,638) |  | (40,449) |
Net current assets |  |  | 206,389 |  | 164,954
Total assets less current liabilities |  |  | 225,894 |  | 195,311
Net assets |  |  | 225,894 |  | 195,311
Capital and reserves |  |  |  |  |
Profit and loss account |  |  | 225,894 |  | 195,311
|  |  | 225,894 |  | 195,311
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 20 November 2025. Page 1
PROPERTY LITIGATION ASSOCIATION (A company limited by guarantee) REGISTERED NUMBER: 05364420 BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2025
L D Whittle
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
PROPERTY LITIGATION ASSOCIATION (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. | General information
Property Litigation Association is a private limited liability company limited by guarantee incorporated in England & Wales under company number 05364420. The company's registered office and principal place of business is One Fleet Place, London EC4M 7WS. The Association's financial statements are presented in GB£ and the amounts are rounded to the nearest £. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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, 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.
| 2.3 | 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. Page 3
PROPERTY LITIGATION ASSOCIATION (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 2.5 | 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.
| 2.6 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | 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 10 (2024 - 10).
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PROPERTY LITIGATION ASSOCIATION (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
4. | Intangible assets
|  | Patents | Website development | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 September 2024 | 14,892 | 108,976 | 123,868
| At 31 August 2025 | 14,892 | 108,976 | 123,868
| Amortisation |  |  |
| At 1 September 2024 | 10,423 | 83,088 | 93,511
| Charge for the year on owned assets | 1,489 | 9,363 | 10,852
| At 31 August 2025 | 11,912 | 92,451 | 104,363
| Net book value |  |  |
| At 31 August 2025 | 2,980 | 16,525 | 19,505
| At 31 August 2024 | 4,469 | 25,888 | 30,357
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 569 | 9,462
| Other debtors | 9,433 | -
| Prepayments and accrued income | 9,865 | 7,954
|  | 19,867 | 17,416
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PROPERTY LITIGATION ASSOCIATION (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 202,160 | 187,987
|  | 202,160 | 187,987
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 5,224 | 18,807
| Corporation tax | 147 | 300
| Other taxation and social security | - | 1,043
| Other creditors | - | 316
| Accruals and deferred income | 10,267 | 19,983
|  | 15,638 | 40,449
8. | Company status
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
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