Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 2024-05-01 false 2 Letting and operating of own or leased real estate 2 false true false 10389969 2024-05-01 2025-04-30 10389969 2023-05-01 2024-04-30 10389969 2025-04-30 10389969 2024-04-30 10389969 2023-05-01 10389969 c:Director1 2024-05-01 2025-04-30 10389969 d:Buildings 2024-05-01 2025-04-30 10389969 d:Buildings 2025-04-30 10389969 d:Buildings 2024-04-30 10389969 d:Buildings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 10389969 d:PlantMachinery 2024-05-01 2025-04-30 10389969 d:PlantMachinery 2025-04-30 10389969 d:PlantMachinery 2024-04-30 10389969 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 10389969 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 10389969 d:FreeholdInvestmentProperty 2025-04-30 10389969 d:FreeholdInvestmentProperty 2024-04-30 10389969 d:CurrentFinancialInstruments 2025-04-30 10389969 d:CurrentFinancialInstruments 2024-04-30 10389969 d:Non-currentFinancialInstruments 2025-04-30 10389969 d:Non-currentFinancialInstruments 2024-04-30 10389969 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 10389969 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10389969 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 10389969 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 10389969 d:ShareCapital 2025-04-30 10389969 d:ShareCapital 2024-04-30 10389969 d:SharePremium 2025-04-30 10389969 d:SharePremium 2024-04-30 10389969 d:RevaluationReserve 2025-04-30 10389969 d:RevaluationReserve 2024-04-30 10389969 d:RetainedEarningsAccumulatedLosses 2025-04-30 10389969 d:RetainedEarningsAccumulatedLosses 2024-04-30 10389969 d:AcceleratedTaxDepreciationDeferredTax 2025-04-30 10389969 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 10389969 d:TaxLossesCarry-forwardsDeferredTax 2025-04-30 10389969 d:TaxLossesCarry-forwardsDeferredTax 2024-04-30 10389969 c:OrdinaryShareClass1 2024-05-01 2025-04-30 10389969 c:OrdinaryShareClass1 2025-04-30 10389969 c:OrdinaryShareClass1 2024-04-30 10389969 c:FRS102 2024-05-01 2025-04-30 10389969 c:Audited 2024-05-01 2025-04-30 10389969 c:FullAccounts 2024-05-01 2025-04-30 10389969 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10389969 c:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10389969 5 2024-05-01 2025-04-30 10389969 6 2024-05-01 2025-04-30 10389969 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10389969 ELLISAM PROPERTIES LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
ELLISAM PROPERTIES LIMITED REGISTERED NUMBER: 10389969 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 7,027,484 |  | 6,187,613
Investments | 6 |  | 807,647 |  | 807,647
Investment property | 7 |  | 5,490,000 |  | 5,490,000
|  |  | 13,325,131 |  | 12,485,260
Current assets |  |  |  |  |
Debtors | 8 | 1,469,128 |  | 1,434,253 |
Cash at bank and in hand | 9 | 402,775 |  | 540,704 |
|  | 1,871,903 |  | 1,974,957 |
Creditors: amounts falling due within one year | 10 | (264,131) |  | (453,085) |
Net current assets |  |  | 1,607,772 |  | 1,521,872
Total assets less current liabilities |  |  | 14,932,903 |  | 14,007,132
Creditors: amounts falling due after more than one year | 11 |  | (3,668,528) |  | (4,108,528)
Provisions for liabilities |  |  |  |  |
Deferred tax | 12 |  | (678,188) |  | (511,907)
Net assets |  |  | 10,586,187 |  | 9,386,697
Capital and reserves |  |  |  |  |
Called up share capital | 13 |  | 100 |  | 100
Share premium account |  |  | 1,230,739 |  | 1,230,739
Other reserve |  |  | 2,714,847 |  | 2,235,046
Profit and loss account |  |  | 6,640,501 |  | 5,920,812
|  |  | 10,586,187 |  | 9,386,697
Page 1
ELLISAM PROPERTIES LIMITED REGISTERED NUMBER: 10389969 BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2025 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
S D Woods
Director
Date: 15 January 2026
The notes on pages 3 to 11 form part of these financial statements. Page 2
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Ellisam Properties Limited is a private company incorporated in England and Wales and has its registered office at Ellisam House, Purfleet Industrial Park, Purfleet, Essex, RM15 4YD. The company's principal activity is that of a holding company and the letting of investment property. 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 | 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 | 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
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.4 | 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 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 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 balance sheet date.
| 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, on the following basis.
|  |  |  | Plant and machinery | - | 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 profit or loss. Page 4
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.6 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by either the directors or professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.7 | Investment property
Investment property is carried at fair value determined annually by the directors based on 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.
| 2.8 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 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.
| 2.10 | 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.
| 2.11 | 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. Page 5
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.12 | Provisions for liabilities
Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance sheet.
| 2.13 | Financial instruments
The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Page 6
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The directors have used their judgement combined with the external valuations performed by Glenny LLP, Knight Benjamin & Co, George and Company Chartered Surveyors and Kempton Car Croft in arriving at the considered fair value of the Investment Properties as noted in note 8 and Tangible Fixed Assets in note 6.
4. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
5. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 May 2024 | 6,175,175 | 33,244 | 6,208,419
| Additions | - | 220,627 | 220,627
| Revaluations | 646,082 | - | 646,082
| At 30 April 2025 | 6,821,257 | 253,871 | 7,075,128
| Depreciation |  |  |
| At 1 May 2024 | - | 20,806 | 20,806
| Charge for the year on owned assets | - | 26,838 | 26,838
| At 30 April 2025 | - | 47,644 | 47,644
| Net book value |  |  |
| At 30 April 2025 | 6,821,257 | 206,227 | 7,027,484
| At 30 April 2024 | 6,175,175 | 12,438 | 6,187,613
Page 7
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 May 2024 | 1,859,951
| At 30 April 2025 | 1,859,951
| Impairment |
| At 1 May 2024 | 1,052,304
| At 30 April 2025 | 1,052,304
| Net book value |
| At 30 April 2025 | 807,647
| At 30 April 2024 | 807,647
7. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 May 2024 | 5,490,000
| At 30 April 2025 | 5,490,000
The 2025 valuations were made by directors based on previous reports completed by Glenny LLP, Knight Benjamin & Co, George and Company Chartered Surveyors and Kempton Carr Croft, on an open market value for existing use basis.
Page 8
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
8. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Amounts owed by group undertakings | 515,804 | 515,804
| Prepayments and accrued income | 687,855 | 673,175
|  | 1,203,659 | 1,188,979
| Due within one year |  |
| Trade debtors | 15,892 | 68,440
| Other debtors | 79,146 | -
| Prepayments and accrued income | 170,431 | 176,834
|  | 1,469,128 | 1,434,253
9. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 402,775 | 540,704
|  | 402,775 | 540,704
10. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 163,036 | 173,546
| Corporation tax | - | 152,304
| Other taxation and social security | 39,887 | 36,044
| Other creditors | 1,847 | 1,847
| Accruals and deferred income | 59,361 | 89,344
|  | 264,131 | 453,085
Page 9
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
11. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 3,668,528 | 4,108,528
|  | 3,668,528 | 4,108,528
12. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (511,907) | (513,674)
| Credited/(charged) to profit or loss | - | 1,767
| Charged to other comprehensive income | (166,281) | -
| At end of year | (678,188) | (511,907)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Deferred tax on revalued property | (682,949) | (516,668)
| Decelerated capital allowances | 4,761 | 4,761
|  | (678,188) | (511,907)
13. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
14. | Related party transactions
| The company has taken the exemption under FRS102 s33.1A from disclosing related party transactions in relation to a wholly owned subsidiary.
Page 10
ELLISAM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
15. | Parent company
The ultimate parent undertaking is Acclaim DMW Holdings Limited a company incorporated in England and Wales.
16. | Auditors' information
The auditors' report on the financial statements for the year ended 30 April 2025 was unqualified. The audit report was signed on 21 January 2026 by Jamie Hall (Senior statutory auditor) on behalf of Barnes Roffe Audit Limited.
Page 11