Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 2025-05-31 2025-05-31 false 2024-06-01 false Provision of Trustee and Escrow services to clients 0 0 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07891947 2024-06-01 2025-05-31 07891947 2023-06-01 2024-05-31 07891947 2025-05-31 07891947 2024-05-31 07891947 c:Director1 2024-06-01 2025-05-31 07891947 d:PlantMachinery 2024-06-01 2025-05-31 07891947 d:PlantMachinery 2025-05-31 07891947 d:PlantMachinery 2024-05-31 07891947 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 07891947 d:PatentsTrademarksLicencesConcessionsSimilar 2024-06-01 2025-05-31 07891947 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-05-31 07891947 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-31 07891947 d:CurrentFinancialInstruments 2025-05-31 07891947 d:CurrentFinancialInstruments 2024-05-31 07891947 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 07891947 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 07891947 d:ShareCapital 2025-05-31 07891947 d:ShareCapital 2024-05-31 07891947 d:RetainedEarningsAccumulatedLosses 2025-05-31 07891947 d:RetainedEarningsAccumulatedLosses 2024-05-31 07891947 d:RetainedEarningsAccumulatedLosses 2023-06-01 07891947 c:FRS102 2024-06-01 2025-05-31 07891947 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 07891947 c:FullAccounts 2024-06-01 2025-05-31 07891947 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 07891947 d:Subsidiary1 2025-05-31 07891947 d:Subsidiary1 2024-06-01 2025-05-31 07891947 d:Subsidiary1 1 2024-06-01 2025-05-31 07891947 c:Consolidated 2025-05-31 07891947 c:ConsolidatedGroupCompanyAccounts 2024-06-01 2025-05-31 07891947 6 2024-06-01 2025-05-31 07891947 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2024-06-01 2025-05-31 07891947 e:PoundSterling 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Registered number: 07891947 PT TRUSTEES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MAY 2025
PT TRUSTEES LIMITED REGISTERED NUMBER: 07891947 CONSOLIDATED BALANCE SHEET AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 94,991 |  | 138,827
Tangible assets | 5 |  | 3,176 |  | 5,713
|  |  | 98,167 |  | 144,540
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 258,412 |  | 229,765 |
Cash at bank and in hand | 8 | 1,824,221 |  | 1,181,805 |
|  | 2,082,633 |  | 1,411,570 |
Creditors: amounts falling due within one year | 9 | (338,140) |  | (212,347) |
Net current assets |  |  | 1,744,493 |  | 1,199,223
Total assets less current liabilities |  |  | 1,842,660 |  | 1,343,763
Provisions for liabilities |  |  |  |  |
Deferred Taxation |  | (643) |  | (1,173) |
|  |  | (643) |  | (1,173)
Net assets |  |  | 1,842,017 |  | 1,342,590
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Profit and loss account brought forward |  | 1,342,588 |  | 947,475 |
Profit for the year |  | 499,427 |  | 395,113 |
Profit and loss account carried forward |  |  | 1,842,015 |  | 1,342,588
|  |  | 1,842,017 |  | 1,342,590
Page 1
PT TRUSTEES LIMITED REGISTERED NUMBER: 07891947 CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 31 MAY 2025 The director considers that the Company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 and the member has 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 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 consolidated 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 9 December 2025.
S K Sharma
Director
The notes on pages 5 to 13 form part of these financial statements. Page 2
PT TRUSTEES LIMITED REGISTERED NUMBER: 07891947 COMPANY BALANCE SHEET AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 94,991 |  | 138,827
Tangible assets | 5 |  | 2,573 |  | 4,692
Investments | 6 |  | 344 |  | 344
|  |  | 97,908 |  | 143,863
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 247,147 |  | 208,077 |
Cash at bank and in hand | 8 | 1,763,356 |  | 1,167,478 |
|  | 2,010,503 |  | 1,375,555 |
Creditors: amounts falling due within one year | 9 | (323,542) |  | (197,266) |
Net current assets |  |  | 1,686,961 |  | 1,178,289
Total assets less current liabilities |  |  | 1,784,869 |  | 1,322,152
Provisions for liabilities |  |  |  |  |
Deferred taxation |  | (643) |  | (1,173) |
|  |  | (643) |  | (1,173)
Net assets |  |  | 1,784,226 |  | 1,320,979
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Profit and loss account brought forward |  | 1,320,977 |  | 947,475 |
Profit for the year |  | 463,247 |  | 373,502 |
Profit and loss account carried forward |  |  | 1,784,224 |  | 1,320,977
|  |  | 1,784,226 |  | 1,320,979
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PT TRUSTEES LIMITED REGISTERED NUMBER: 07891947 COMPANY BALANCE SHEET (CONTINUED) AS AT 31 MAY 2025 The director considers that the Company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 and the member has 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 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 consolidated 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 9 December 2025.
S K Sharma
Director
The notes on pages 5 to 13 form part of these financial statements. Page 4
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
PT Trustees Limited is a private company limited by shares and incorporated in England. Its registered office is: 2nd Floor Nucleus House 2 Lower Mortlake Road Richmond TW9 2JA 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 Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Group management to exercise judgment in applying the Group's accounting policies. The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Comprehensive Income in these financial statements. The following principal accounting policies have been applied:
| 2.2 | Basis of consolidation
The consolidated financial statements present the results of the Company and its own subsidiaries ("the Group") as if they form a single entity. Intercompany transactions and balances between group companies are therefore eliminated in full. The consolidated financial statements incorporate the results of business combinations using the purchase method. In the Balance Sheet, the acquiree's identifiable assets, liabilities and contingent liabilities are initially recognised at their fair values at the acquisition date. The results of acquired operations are included in the Consolidated Statement of Comprehensive Income from the date on which control is obtained. They are deconsolidated from the date control ceases. In accordance with the transitional exemption available in FRS 102, the Group has chosen not to retrospectively apply the standard to business combinations that occurred before the date of transition to FRS 102, being 01 November 2014. Page 5
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.3 | 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 Consolidated 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'. On consolidation, the results of overseas operations are translated into GBP at rates approximating to those ruling when the transactions took place. All assets and liabilities of overseas operations are translated at the rate ruling at the reporting date. Exchange differences arising on translating the opening net assets at opening rate and the results of overseas operations at actual rate are recognised in other comprehensive income.
| 2.4 | Turnover
Turnover represents the value, net of value added tax and discounts, of Trustee and Escrow services provided to clients.
| 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 balance sheet date in the countries where the Company and the Group operate and generate income. Page 6
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.6 | Intangible fixed 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. Amortisation is provided on the following bases:
|  |  |  | Software | - | 20% |
| 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 33.33% |
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 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Group 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 Consolidated 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.
| 2.9 | 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. Page 7
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.10 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institution.
| 2.11 | Creditors
Short-term creditors are measured at the transaction price.
3. | Employees
| The average monthly number of employees, including the director, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Employees | 7 | 7
4. | Intangible fixed assets
| Group
|  | Development expenditure
|  | £
| Cost |
| At 1 June 2024 | 219,200
| At 31 May 2025 | 219,200
| Amortisation |
| At 1 June 2024 | 80,373
| Charge for the year | 43,836
| At 31 May 2025 | 124,209
| Net book value |
| At 31 May 2025 | 94,991
| At 31 May 2024 | 138,827
Page 8
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 4.Intangible fixed assets (continued)
| Intangible fixed assets consist of software development costs for Imperium (L). These are being amortised over a period of 5 years from August 2022.
| Company
|  | Development expenditure
|  | £
| Cost |
| At 1 June 2024 | 219,200
| At 31 May 2025 | 219,200
| Amortisation |
| At 1 June 2024 | 80,373
| Charge for the year | 43,836
| At 31 May 2025 | 124,209
| Net book value |
| At 31 May 2025 | 94,991
| At 31 May 2024 | 138,827
| Intangible fixed assets consist of software development costs for Imperium (L). These are being amortised over a period of 5 years from August 2022.
Page 9
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
5. | Tangible fixed assets
| Group
|  | Plant and machinery
|  | £
| Cost or valuation |
| At 1 June 2024 | 36,001
| Additions | 3,169
| At 31 May 2025 | 39,170
| Depreciation |
| At 1 June 2024 | 30,288
| Charge for the year | 5,706
| At 31 May 2025 | 35,994
| Net book value |
| At 31 May 2025 | 3,176
| At 31 May 2024 | 5,713
Page 10
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 5.Tangible fixed assets (continued)
| Company
|  | Plant and machinery
|  | £
| Cost or valuation |
| At 1 June 2024 | 34,640
| Additions | 3,169
| At 31 May 2025 | 37,809
| Depreciation |
| At 1 June 2024 | 29,948
| Charge for the year | 5,288
| At 31 May 2025 | 35,236
| Net book value |
| At 31 May 2025 | 2,573
| At 31 May 2024 | 4,692
Page 11
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
6. | Fixed asset investments
| Company
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 June 2024 | 344
| At 31 May 2025 | 344
| Subsidiary undertaking
| The following was a subsidiary undertaking of the Company:
| Name | Class of shares | Holding
| PTT CZ.s.r.o | Ordinary | 100%
| The aggregate of the share capital and reserves as at 31 May 2025 and the profit or loss for the year ended on that date for the subsidiary undertaking were as follows:
| Name | Aggregate of share capital and reserves £ | Profit £
| PTT CZ.s.r.o | 58,089 | 36,134
Page 12
PT TRUSTEES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
7. | Debtors
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Trade debtors | 129,109 | 111,436 | 115,234 | 89,789
| Amounts owed by group undertakings | - | - | 2,708 | -
| Other debtors | 129,303 | 118,329 | 129,205 | 118,288
|  | 258,412 | 229,765 | 247,147 | 208,077
8. | Cash
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Cash at bank and in hand | 1,824,221 | 1,181,805 | 1,763,356 | 1,167,478
|  | 1,824,221 | 1,181,805 | 1,763,356 | 1,167,478
9. | Creditors: Amounts falling due within one year
|  | Group | Group | Company | Company
|  | 2025 | 2024 | 2025 | 2024
|  | £ | £ | £ | £
| Trade creditors | 23,286 | 12,837 | 20,982 | 9,000
| Corporation tax | 149,619 | 104,256 | 141,442 | 98,343
| Other taxation and social security | 20,609 | 27,033 | 18,142 | 23,386
| Other creditors | 144,626 | 68,221 | 142,976 | 66,537
|  | 338,140 | 212,347 | 323,542 | 197,266
10. | Pension commitments
Contributions to defined contribution plans are expensed in the period to which they relate.
11. | Related party transactions
| Mr S K Sharma , the director and the shareholder was paid expenses of £17,836 (2024: £24,236) and fees of £75,000 (2024: £75,000) during the year.
Page 13