Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-05 2025-04-05 false 2024-04-06 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.false OC373363 2024-04-06 2025-04-05 OC373363 2023-04-06 2024-04-05 OC373363 2025-04-05 OC373363 2024-04-05 OC373363 c:FreeholdInvestmentProperty 2025-04-05 OC373363 c:FreeholdInvestmentProperty 2024-04-05 OC373363 c:CurrentFinancialInstruments 2025-04-05 OC373363 c:CurrentFinancialInstruments 2024-04-05 OC373363 c:CurrentFinancialInstruments c:WithinOneYear 2025-04-05 OC373363 c:CurrentFinancialInstruments c:WithinOneYear 2024-04-05 OC373363 c:Non-currentFinancialInstruments c:AfterOneYear 2025-04-05 OC373363 c:Non-currentFinancialInstruments c:AfterOneYear 2024-04-05 OC373363 d:FRS102 2024-04-06 2025-04-05 OC373363 d:AuditExempt-NoAccountantsReport 2024-04-06 2025-04-05 OC373363 d:FullAccounts 2024-04-06 2025-04-05 OC373363 d:LimitedLiabilityPartnershipLLP 2024-04-06 2025-04-05 OC373363 2 2024-04-06 2025-04-05 OC373363 d:PartnerLLP1 2024-04-06 2025-04-05 OC373363 c:FurtherSpecificReserve2ComponentTotalEquity 2025-04-05 OC373363 c:FurtherSpecificReserve2ComponentTotalEquity 2024-04-05 OC373363 c:FurtherSpecificReserve3ComponentTotalEquity 2025-04-05 OC373363 c:FurtherSpecificReserve3ComponentTotalEquity 2024-04-05 OC373363 e:PoundSterling 2024-04-06 2025-04-05 iso4217:GBP xbrli:pure

Registered number: OC373363 PRINHOLD 4 LLP UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 5 APRIL 2025
PRINHOLD 4 LLP REGISTERED NUMBER: OC373363 BALANCE SHEET AS AT 5 APRIL 2025
|  | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 2,770,000 |  | 2,770,000
|  |  | 2,770,000 |  | 2,770,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 544 |  | 506 |
Cash at bank and in hand | 6 | 10,345 |  | 115,357 |
|  | 10,889 |  | 115,863 |
Creditors: Amounts Falling Due Within One Year | 7 | (19,112) |  | (18,402) |
Net current (liabilities)/assets |  |  | (8,223) |  | 97,461
Total assets less current liabilities |  |  | 2,761,777 |  | 2,867,461
Creditors: amounts falling due after more than one year |  |  | (19,427) |  | (23,627)
|  |  | 2,742,350 |  | 2,843,834
Net assets |  |  | 2,742,350 |  | 2,843,834
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Members' capital classified as a liability |  |  | 600,100 |  | 600,100
Other amounts | 8 |  | 2,103,746 |  | 2,205,230
|  |  | 2,703,846 |  | 2,805,330
Members' other interests |  |  |  |  |
Other reserves classified as equity |  | 38,504 |  | 38,504 |
|  |  | 38,504 |  | 38,504
|  |  | 2,742,350 |  | 2,843,834
Total members' interests |  |  |  |  |
Loans and other debts due to members | 8 |  | 2,703,846 |  | 2,805,330
Members' other interests |  |  | 38,504 |  | 38,504
|  |  | 2,742,350 |  | 2,843,834
Page 1
PRINHOLD 4 LLP REGISTERED NUMBER: OC373363 BALANCE SHEET (CONTINUED) AS AT 5 APRIL 2025 The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime. The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements. The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime. The financial statements were approved and authorised for issue by the members and were signed on their behalf on 29 December 2025.
Jonathan Beck
Designated member
The notes on pages 4 to 7 form part of these financial statements. Page 2
PRINHOLD 4 LLP RECONCILIATION OF MEMBERS' INTERESTS FOR THE YEAR ENDED 5 APRIL 2025
| EQUITY Members' other interests | DEBT Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
| Revaluation reserves | Total | Members' capital (classified as debt) | Other amounts | Total | Total
| £ | £ | £ | £ | £ | £
Amounts due to members |  |  | 600,100 | 2,118,511 | 2,718,611 |
Amounts due from members |  |  |  | - | - |
Balance at 1 April 2023 | 38,504 | 38,504 | 600,100 | 2,118,511 | 2,718,611 | 2,757,115
Members' remuneration charged as an expense | - | - | - | 56,718 | 56,718 | 56,718
Members' interests after profit for the year | 38,504 | 38,504 | 600,100 | 2,175,229 | 2,775,329 | 2,813,833
Amounts introduced by members | - | - | - | 32,080 | 32,080 | 32,080
Repayment of debt | - | - | - | (2,080) | (2,080) | (2,080)
Amounts due to members |  |  | 600,100 | 2,205,230 | 2,805,330 |
Amounts due from members |  |  |  | - | - |
Balance at 5 April 2024 | 38,504 | 38,504 | 600,100 | 2,205,230 | 2,805,330 | 2,843,834
Members' remuneration charged as an expense | - | - | - | 77,596 | 77,596 | 77,596
Members' interests after profit for the year | 38,504 | 38,504 | 600,100 | 2,282,826 | 2,882,926 | 2,921,430
Amounts introduced by members | - | - | - | 2,080 | 2,080 | 2,080
Repayment of debt | - | - | - | (181,160) | (181,160) | (181,160)
Amounts due to members |  |  | 600,100 | 2,103,746 | 2,703,846 |
Amounts due from members |  |  |  | - | - |
Balance at 5 April 2025 | 38,504 | 38,504 | 600,100 | 2,103,746 | 2,703,846 | 2,742,350
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.
Page 3
PRINHOLD 4 LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. | General information
Prinhold 4 LLP is a limited liability partnership incorporated in England and Wales within the United Kingdom. The address of the registered office is First Floor, Radius House, 51 Clarendon Road, Watford, WD17 1HP. The partnership's principal activity is that of investment property. The financial statements are presented in sterling which is the functional currency of the partnership and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 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.
| 2.2 | Revenue
Turnover comprises revenue recognised by the LLP in respect of rents received from the investment property owned by the LLP, exclusive of Value Added Tax.
| 2.3 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 4
PRINHOLD 4 LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 2.Accounting policies (continued)
| 2.5 | Members' capital
n accordance with Section 22 of FRS102, its application within the LLP SORP and the constitutional arrangement of the LLP; Equity comprises: i. Member’s capital subscribed or otherwise contributed where the LLP has an unconditional right to refuse repayment or obligation to pay a return on those amounts. ii. Other reserves relating to non-automatic profit share arrangements which have not been divided as at the reporting end date. iii. Revaluation reserve. Debt comprises: i. Member’s capital subscribed or otherwise contributed where the LLP has no unconditional right to refuse repayment. ii. Profits automatically divided as they arise or amounts paid under an employment contract which remain unpaid. Members’ remuneration: i. Remuneration paid under an employment contract, automatic division of profits and other payments due from member’s participation rights under debt obligations (including interest) are charged to the Statement of Comprehensive Income. ii. Discretionary division of profits are treated as an allocation of profit from equity (other Interests) within the Reconciliation of Members’ Interest.
| 2.6 | 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.
| 2.7 | Division and distribution of profits
A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period. An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making. The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in . Page 5
PRINHOLD 4 LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 2.Accounting policies (continued)
| 2.8 | Investment property
Investment property is carried at fair value determined annually by external valuers 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 6 April 2024 | 2,770,000
| At 5 April 2025 | 2,770,000
The 2025 valuations were made by the members, on an open market value basis.
| 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 | 2,731,496 | 2,731,496
|  | 2,731,496 | 2,731,496
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Prepayments and accrued income | 544 | 506
|  | 544 | 506
Page 6
PRINHOLD 4 LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 10,345 | 115,357
|  | 10,345 | 115,357
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 4,028 | 4,028
| Other taxation and social security | 4,920 | 4,901
| Accruals and deferred income | 10,164 | 9,473
|  | 19,112 | 18,402
8. | Loans and other debts due to members
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Members' capital treated as debt | 600,100 | 600,100
| Other amounts due to members | 2,103,746 | 2,205,230
|  | 2,703,846 | 2,805,330
Loans and other debts due to members may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Falling due within one year | 2,703,846 | 2,805,330
|  | 2,703,846 | 2,805,330
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
Page 7