Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-30 2024-09-30 2023-10-01 false 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 11439206 2023-10-01 2024-09-30 11439206 2022-10-01 2023-09-30 11439206 2024-09-30 11439206 2023-09-30 11439206 2022-10-01 11439206 c:Director1 2023-10-01 2024-09-30 11439206 d:FreeholdInvestmentProperty 2024-09-30 11439206 d:FreeholdInvestmentProperty 2023-09-30 11439206 d:CurrentFinancialInstruments 2024-09-30 11439206 d:CurrentFinancialInstruments 2023-09-30 11439206 d:Non-currentFinancialInstruments 2024-09-30 11439206 d:Non-currentFinancialInstruments 2023-09-30 11439206 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 11439206 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 11439206 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 11439206 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 11439206 d:ShareCapital 2024-09-30 11439206 d:ShareCapital 2023-09-30 11439206 d:SharePremium 2023-10-01 2024-09-30 11439206 d:SharePremium 2024-09-30 11439206 d:SharePremium 2023-09-30 11439206 d:RevaluationReserve 2023-10-01 2024-09-30 11439206 d:RevaluationReserve 2024-09-30 11439206 d:RevaluationReserve 2023-09-30 11439206 d:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 11439206 d:RetainedEarningsAccumulatedLosses 2024-09-30 11439206 d:RetainedEarningsAccumulatedLosses 2023-09-30 11439206 c:OrdinaryShareClass1 2023-10-01 2024-09-30 11439206 c:OrdinaryShareClass1 2024-09-30 11439206 c:OrdinaryShareClass1 2023-09-30 11439206 c:FRS102 2023-10-01 2024-09-30 11439206 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11439206 c:FullAccounts 2023-10-01 2024-09-30 11439206 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11439206 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 11439206 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 11439206 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11439206 HALE VILLAGE ESTATES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
HALE VILLAGE ESTATES LIMITED REGISTERED NUMBER: 11439206 BALANCE SHEET AS AT 30 SEPTEMBER 2024
| 2024 | 2024 | 2023 | 2023
Note | £ | £ | £ | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 2,575,000 |  | 2,575,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 260,931 |  | 169,892 |
Cash at bank and in hand | 6 | 161 |  | 774 |
|  | 261,092 |  | 170,666 |
Creditors: amounts falling due within one year | 7 | (601,668) |  | (560,530) |
Net current liabilities |  |  | (340,576) |  | (389,864)
Total assets less current liabilities |  |  | 2,234,424 |  | 2,185,136
Creditors: amounts falling due after more than one year | 8 |  | (1,124,013) |  | (1,124,013)
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 |  | (213,441) |  | (213,441)
Net assets |  |  | 896,970 |  | 847,682
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 1,000 |  | 1,000
Share premium account | 11 |  | 103,594 |  | 103,594
Revaluation reserve | 11 |  | 640,321 |  | 640,321
Profit and loss account | 11 |  | 152,055 |  | 102,767
|  |  | 896,970 |  | 847,682
Page 1
HALE VILLAGE ESTATES LIMITED REGISTERED NUMBER: 11439206 BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2024 The director considers 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 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 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 10 February 2026.
M Polledri
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
HALE VILLAGE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
1. | General information
Hale Village Estates Limited is a private company, limited by shares, incorporated in England and Wales, registration number 11439206. The registered office is Leytonstone House, 3 Hanbury Drive, London, E11 1GA. The principal activity of the company during the period was that of property investment. 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 following principal accounting policies have been applied:
| 2.2 | Revenue
The Company's only source of revenue is rental income from investment properties let to third parties. Revenue is recognised in the accounting period in which the services are rendered. Revenue represents the amount receivable for services rendered, net of returns, discounts and rebates allowed by the Company.
| 2.3 | Finance costs
Finance costs are charged to the the Statement of comprehensive income account 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
HALE VILLAGE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 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 | Investment property
Investment property is carried at fair value determined annually by the directors 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 comprehensive income, with unrealised gains over original cost being transferred to a separate revaluation reserve.
| 2.6 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.7 | 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.
| 2.8 | 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 4
HALE VILLAGE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 2.Accounting policies (continued)
| 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.
| 2.10 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including the director, during the year was as follows:
|  |  | 2024 | 2023
|  |  | No. | No.
|  | Director | 1 | 1
4. | Investment property
|  | Investment property
|  | £
| Valuation |
| At 1 October 2023 | 2,575,000
| At 30 September 2024 | 2,575,000
| A formal valuation was undertaken by Colliers International Property Consultants Limited on 14 July 2023, on an open market value for existing use basis. The director considers the valuation to be appropriate at 30 September 2024. The historic cost of the investment property is £1,721,238 (2023 - £1,721,238).
Page 5
HALE VILLAGE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 38,711 | 34,640
| Other debtors | 209,450 | 124,670
| Prepayments and accrued income | 12,770 | 10,582
|  | 260,931 | 169,892
6. | Cash and cash equivalents
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Cash at bank and in hand | 161 | 774
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 5,292 | 136
| Corporation tax | 34,462 | 24,226
| Other creditors | 547,393 | 530,876
| Accruals and deferred income | 14,521 | 5,292
|  | 601,668 | 560,530
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 1,124,013 | 1,124,013
| The above loans are secured by fixed and floating charges over the assets of the company, including the investment property. During 2019, the bank loan was repaid in full and a new loan was received by the parent company, Lee Valley Estates Limited, which was subsequently allocated around the Group. The Company is liable to pay interest on it's portion of the loan and this is paid quarterly in line with the loan agreement. The loan received by the parent company is cross guaranteed by all companies in the Group that received the funds and is secured on assets held by such companies and by floating charges over all other property, rights and assets both present and future. Please see note 12 for further information.
Page 6
HALE VILLAGE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
9. | Deferred taxation
|  | 2024 | 2023
|  | £ | £
| At beginning of year | (213,441) | (302,241)
| Charged to profit or loss | - | 88,800
| At end of year | (213,441) | (213,441)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Unrealised gain on revaluation of investment properties | (213,441) | (213,441)
10. | Share capital
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1,000 (2023 - 1,000) Ordinary shares of £1.00 each | 1,000 | 1,000
11. | Reserves
Share premium account The share premium account represents the consideration of shares issued above par value. Revaluation reserve The revaluation reserve represents unrealised valuation gains of investment property. Profit and loss account The Statement of comprehensive income account represents cumulative distributable profits and losses net of dividends and other adjustments. Page 7
HALE VILLAGE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
12. | Contingent liabilities
During 2019 the parent company, Lee Valley Estates Limited, received a bank loan for £22,000,000. These funds were subsequently allocated between the subsidiaries within the Group. The Company received £1,124,013 (2023 - £1,124,013) of this loan. The loan received by the parent company is cross guaranteed by all companies in the Group that received the funds and is secured on assets held by such companies.
13. | Directors' benefits: advances, credits and guarantees
|  | 2024 | 2023
|  | £ | £
| Balance brought forward | 5,000 | -
| Advances | - | 5,000
| Repayments | (5,000) | -
| Interest | - | -
|  | - | 5,000
14. | Related party transactions
| Included within other debtors are amounts of £209,450 (2023 - £119,670) due from companies under common control. Included within other creditors are amounts of £487,730 (2023 - £471,213) due to companies under common control.
15. | Controlling party
The immediate parent company is Lee Valley Estates Limited. The ultimate controlling party is considered to be M Polledri.
Page 8