Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 false 4 No description of principal activity 2024-05-01 false 4 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04886405 2024-05-01 2025-04-30 04886405 2023-05-01 2024-04-30 04886405 2025-04-30 04886405 2024-04-30 04886405 2023-05-01 04886405 c:CompanySecretary1 2024-05-01 2025-04-30 04886405 c:Director1 2024-05-01 2025-04-30 04886405 c:Director2 2024-05-01 2025-04-30 04886405 c:Director3 2024-05-01 2025-04-30 04886405 c:RegisteredOffice 2024-05-01 2025-04-30 04886405 d:Buildings 2024-05-01 2025-04-30 04886405 d:Buildings 2025-04-30 04886405 d:Buildings 2024-04-30 04886405 d:Buildings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04886405 d:MotorVehicles 2024-05-01 2025-04-30 04886405 d:MotorVehicles 2025-04-30 04886405 d:MotorVehicles 2024-04-30 04886405 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04886405 d:FurnitureFittings 2024-05-01 2025-04-30 04886405 d:FurnitureFittings 2025-04-30 04886405 d:FurnitureFittings 2024-04-30 04886405 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04886405 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 04886405 d:CurrentFinancialInstruments 2025-04-30 04886405 d:CurrentFinancialInstruments 2024-04-30 04886405 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 04886405 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 04886405 d:UKTax 2024-05-01 2025-04-30 04886405 d:UKTax 2023-05-01 2024-04-30 04886405 d:ShareCapital 2025-04-30 04886405 d:ShareCapital 2024-04-30 04886405 d:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 04886405 d:RetainedEarningsAccumulatedLosses 2025-04-30 04886405 d:RetainedEarningsAccumulatedLosses 2024-04-30 04886405 d:OtherDeferredTax 2025-04-30 04886405 d:OtherDeferredTax 2024-04-30 04886405 c:FRS102 2024-05-01 2025-04-30 04886405 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 04886405 c:FullAccounts 2024-05-01 2025-04-30 04886405 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 04886405 2 2024-05-01 2025-04-30 04886405 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 04886405 TEE JAY PROPERTY CO LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
TEE JAY PROPERTY CO LIMITED COMPANY INFORMATION
Directors | T. H. Jennings
| J. H. Jennings
| J. Dormon
Company secretary | J. H. Jennings
Registered number | 04886405
Registered office | 1st Floor Sackville House
| 143-149 Fenchurch Street
| London
| EC3M 6BN
TEE JAY PROPERTY CO LIMITED CONTENTS
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 8
TEE JAY PROPERTY CO LIMITED REGISTERED NUMBER: 04886405 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 15,314,740 |  | 15,076,733
Current assets |  |  |  |  |
Debtors | 6 | 18,324 |  | 14,412 |
Cash at bank |  | 86,044 |  | 253,985 |
|  | 104,368 |  | 268,397 |
Creditors: amounts falling due within one year | 7 | (10,291,476) |  | (10,383,322) |
Net current liabilities |  |  | (10,187,108) |  | (10,114,925)
Total assets less current liabilities |  |  | 5,127,632 |  | 4,961,808
Deferred tax | 8 | (946,270) |  | (946,270) |
|  |  | (946,270) |  | (946,270)
Net assets |  |  | 4,181,362 |  | 4,015,538
Capital and reserves |  |  |  |  |
Allotted, called up and fully paid share capital |  |  | 1 |  | 1
Profit and loss account | 9 |  | 4,181,361 |  | 4,015,537
Equity shareholders' funds |  |  | 4,181,362 |  | 4,015,538
Page 1
TEE JAY PROPERTY CO LIMITED REGISTERED NUMBER: 04886405 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 Director's Report and the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 January 2026.
J. Dormon
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
TEE JAY PROPERTY CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Tee Jay Property Co Limited (registered number 04886405), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BN, is a private limited company incorporated in England and Wales. There is no principal place of business. 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 | Statement of Cash Flows
The Company has taken advantage of the exemptions in Financial Reporting Standard 102, Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.
| 2.3 | Turnover
Turnover comprises rental income from property investment. Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding Value Added Tax where applicable.
| 2.4 | Interest income
Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method. Page 3
TEE JAY PROPERTY CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.5 | 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. Depreciation is provided on the following basis:
|  |  |  | Investment properties | - |  | not depreciated
|  |  |  | Motor vehicles | - | 25% | reducing-balance
|  |  |  | Fixtures & fittings | - | 25% | 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 the Statement of Income and Retained Earnings.
| 2.6 | Investment property
Investment property is carried at fair value determined annually by either Directors' valuations or 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 the Statement of Income and Retained Earnings.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.8 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 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 and loans to related parties. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Page 4
TEE JAY PROPERTY CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.11 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings. The current corporation 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. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Balance Sheet Date.
3. | Employees
| The average monthly number of employees, including directors, during the year was 4 (2024 - 4).
Page 5
TEE JAY PROPERTY CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
4. | Taxation
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax |  |
| Current tax on profits for the year | 54,686 | 52,221
| Deferred tax |  |
| Origination and reversal of timing differences | - | 40,069
| Taxation on profit on ordinary activities | 54,686 | 92,290
| Factors affecting tax charge for the year
| The tax assessed for the year is lower than (2024 - lower than) the standard rate of corporation tax in the UK of 25% (2024 - 25%). The differences are explained below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Profit on ordinary activities before tax | 220,510 | 371,484
| Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 - 25%) | 55,128 | 92,871
| Effects of: |  |
| Depreciation for the year in excess of capital allowancs | - | 1
| Deferred taxation | - | 40,069
| Non taxable income | - | (40,069)
| Marginal relief | (442) | (582)
| Total tax charge for the year | 54,686 | 92,290
| Factors that may affect future tax charges
There were no factors that may affect future tax charges. Page 6
TEE JAY PROPERTY CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. | Tangible fixed assets
|  | Investment properties | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 May 2024 | 15,076,722 | 4,900 | 23,688 | 15,105,310
| Additions | 238,010 | - | - | 238,010
| At 30 April 2025 | 15,314,732 | 4,900 | 23,688 | 15,343,320
| Depreciation |  |  |  |
| At 1 May 2024 | - | 4,889 | 23,688 | 28,577
| Charge for the year on owned assets | - | 3 | - | 3
| At 30 April 2025 | - | 4,892 | 23,688 | 28,580
| Net book value |  |  |  |
| At 30 April 2025 | 15,314,732 | 8 | - | 15,314,740
| At 30 April 2024 | 15,076,722 | 11 | - | 15,076,733
| The fair value of investment properties has been determined both with reference to independent reviews and considered in detail by the directors.
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due within one year |  |
| Other debtors | - | 504
| Prepayments and accrued income | 18,324 | 13,908
|  | 18,324 | 14,412
Page 7
TEE JAY PROPERTY CO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax | 54,686 | 52,125
| Other taxation and social security | 13,524 | 11,978
| Other creditors | 10,206,374 | 10,292,877
| Accruals and deferred income | 16,892 | 22,742
| Trade creditors | - | 3,600
|  | 10,291,476 | 10,383,322
8. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (946,270) | (906,201)
| Charged to profit or loss | - | (40,069)
| At the end of the year | (946,270) | (946,270)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Revaluation of investment property | 946,270 | 946,270
9. | Reserves
Profit and loss account Included within profit and loss reserves are non-distributable reserves of £2,838,808 (2024: £2,838,808) and distributable reserves of £1,342,553 (2024: £1,176,729).
10. | Directors' personal guarantees
The Company's bank account is secured by a personal guarantee provided by T. H. Jennings, limited to £75,000 (2024: £75,000).
Page 8