Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2 false true 2024-04-01 false No description of principal activity 2 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08777418 2024-04-01 2025-03-31 08777418 2023-04-01 2024-03-31 08777418 2025-03-31 08777418 2024-03-31 08777418 c:Director2 2024-04-01 2025-03-31 08777418 d:PlantMachinery 2024-04-01 2025-03-31 08777418 d:PlantMachinery 2025-03-31 08777418 d:PlantMachinery 2024-03-31 08777418 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 08777418 d:FreeholdInvestmentProperty 2024-04-01 2025-03-31 08777418 d:FreeholdInvestmentProperty 2025-03-31 08777418 d:FreeholdInvestmentProperty 2024-03-31 08777418 d:FreeholdInvestmentProperty 2 2024-04-01 2025-03-31 08777418 d:CurrentFinancialInstruments 2025-03-31 08777418 d:CurrentFinancialInstruments 2024-03-31 08777418 d:Non-currentFinancialInstruments 2025-03-31 08777418 d:Non-currentFinancialInstruments 2024-03-31 08777418 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 08777418 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08777418 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 08777418 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 08777418 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 08777418 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 08777418 d:ShareCapital 2025-03-31 08777418 d:ShareCapital 2024-03-31 08777418 d:RetainedEarningsAccumulatedLosses 2025-03-31 08777418 d:RetainedEarningsAccumulatedLosses 2024-03-31 08777418 c:FRS102 2024-04-01 2025-03-31 08777418 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08777418 c:FullAccounts 2024-04-01 2025-03-31 08777418 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08777418 2 2024-04-01 2025-03-31 08777418 f:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 08777418 ELMDON REAL ESTATE COLLECTIONS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
ELMDON REAL ESTATE COLLECTIONS LTD REGISTERED NUMBER: 08777418 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  |  |  | As restated
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 2,608 |  | 2,330
Investment property | 5 |  | 379,358 |  | 998,413
|  |  | 381,966 |  | 1,000,743
Current assets |  |  |  |  |
Stocks | 6 | 288,078 |  | 245,540 |
Debtors: amounts falling due within one year | 7 | 1,507,416 |  | 1,262,924 |
Cash at bank and in hand | 8 | 187,408 |  | 37,267 |
|  | 1,982,902 |  | 1,545,731 |
Creditors: amounts falling due within one year | 9 | (328,264) |  | (301,032) |
Net current assets |  |  | 1,654,638 |  | 1,244,699
Total assets less current liabilities |  |  | 2,036,604 |  | 2,245,442
Creditors: amounts falling due after more than one year | 10 |  | (935,537) |  | (874,756)
Net assets |  |  | 1,101,067 |  | 1,370,686
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Profit and loss account |  |  | 1,101,065 |  | 1,370,684
|  |  | 1,101,067 |  | 1,370,686
Page 1
ELMDON REAL ESTATE COLLECTIONS LTD REGISTERED NUMBER: 08777418 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 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 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 by:
J L Davies
Director
Date: 19 February 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Elmdon Real Estate Collections Limited is a private company limited by shares incorporated in England and Wales. The registered office is Permanent House, 133 Hammersmith Road, London, W14 0QL. The financial statements are presented in Sterling, which is the functional currency of the company. 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 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | 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.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 3
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Taxation
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 reporting date in the countries where the Company operates and generates income.
| 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 | - | 20% | 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.
| 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.
| 2.9 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss. Page 4
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | 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.
| 2.12 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 5
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Plant and machinery
|  | £
| Cost or valuation |
| At 1 April 2024 | 4,456
| Additions | 1,208
| At 31 March 2025 | 5,664
| Depreciation |
| At 1 April 2024 | 2,125
| Charge for the year on owned assets | 931
| At 31 March 2025 | 3,056
| Net book value |
| At 31 March 2025 | 2,608
| At 31 March 2024 | 2,330
Page 6
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 998,413
| Additions at cost | 16,633
| Disposals | (372,195)
| Surplus on revaluation | (263,493)
| At 31 March 2025 | 379,358
The 2025 valuations were made by the directors, 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:
|  |  |  |  |  | As restated
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 410,767 | 766,330
|  | 410,767 | 766,330
6. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Finished goods and goods for resale | 288,078 | 245,540
|  | 288,078 | 245,540
Page 7
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 10,539 | -
| Other debtors | 1,496,877 | 1,262,924
|  | 1,507,416 | 1,262,924
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 187,408 | 37,267
|  | 187,408 | 37,267
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 63,519 | 16,413
| Trade creditors | 65,204 | 48,328
| Corporation tax | - | 26,822
| Other taxation and social security | 27,662 | 38,664
| Other creditors | 146,879 | 152,805
| Accruals and deferred income | 25,000 | 18,000
|  | 328,264 | 301,032
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  |  | As restated
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 324,906 | 344,732
| Other creditors | 610,631 | 530,024
|  | 935,537 | 874,756
Page 8
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 63,519 | 16,413
|  | 63,519 | 16,413
| Amounts falling due 1-2 years |  |
| Bank loans | 324,906 | 344,732
|  | 324,906 | 344,732
|  | 388,425 | 361,145
Page 9
ELMDON REAL ESTATE COLLECTIONS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
12. | Prior year adjustment
A prior year adjustment has been made to correctly reflect Investments and amounts due to creditors. The impact of this adjustment is a decrease in Investment Property and creditors.
13. | Related party transactions
| Amounts due to related parties
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Key management personnel | 101,191 | 101,191
| Other related parties | 14,291 | 20,215
|  | 115,482 | 121,406
| The following amounts were outstanding at the reporting date:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts due from related parties |  |
| Other related parties | 1,341,783 | 1,110,079
|  | 1,341,783 | 1,110,079
Page 10