Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-28 2025-02-28 true 2024-03-01 false The principal activity of the company is that of property investment and generating residential property income.1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08899163 2024-03-01 2025-02-28 08899163 2023-03-01 2024-02-29 08899163 2025-02-28 08899163 2024-02-29 08899163 2023-03-01 08899163 c:Director1 2024-03-01 2025-02-28 08899163 c:RegisteredOffice 2024-03-01 2025-02-28 08899163 d:CurrentFinancialInstruments 2025-02-28 08899163 d:CurrentFinancialInstruments 2024-02-29 08899163 d:Non-currentFinancialInstruments 2025-02-28 08899163 d:Non-currentFinancialInstruments 2024-02-29 08899163 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 08899163 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 08899163 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 08899163 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 08899163 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-02-28 08899163 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-02-29 08899163 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-02-28 08899163 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-02-29 08899163 d:ShareCapital 2025-02-28 08899163 d:ShareCapital 2024-02-29 08899163 d:RetainedEarningsAccumulatedLosses 2025-02-28 08899163 d:RetainedEarningsAccumulatedLosses 2024-02-29 08899163 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-02-28 08899163 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-02-29 08899163 c:OrdinaryShareClass1 2024-03-01 2025-02-28 08899163 c:OrdinaryShareClass1 2025-02-28 08899163 c:OrdinaryShareClass1 2024-02-29 08899163 c:FRS102 2024-03-01 2025-02-28 08899163 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 08899163 c:FullAccounts 2024-03-01 2025-02-28 08899163 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08899163 d:Right-of-useInvestmentProperty 2025-02-28 08899163 d:Right-of-useInvestmentProperty 2024-02-29 08899163 d:OtherDeferredTax 2025-02-28 08899163 e:Euro 2024-03-01 2025-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08899163 HUCKLE PROPERTY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 28 FEBRUARY 2025
HUCKLE PROPERTY LIMITED COMPANY INFORMATION
Director | A W Humphreys
Registered number | 08899163
Registered office | Holland Farm
| South Brewham
| Somerset
| BA10 0JZ
Accountants | Rawlinson & Hunter LLP
| Chartered Accountants
| Eighth Floor
| 6 New Street Square
| New Fetter Lane
| London
| EC4A 3AQ
HUCKLE PROPERTY LIMITED CONTENTS
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 9
HUCKLE PROPERTY LIMITED REGISTERED NUMBER: 08899163 BALANCE SHEET AS AT 28 FEBRUARY 2025
|  | 28 February |  | 29 February
|  | 2025 |  | 2024
Note |  | € |  | €
Fixed assets |  |  |  |  |
Investment property | 4 |  | 6,992,026 |  | 6,992,026
|  |  | 6,992,026 |  | 6,992,026
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 6,636 |  | 7,963 |
Cash at bank and in hand | 6 | 101,516 |  | 20,446 |
|  | 108,152 |  | 28,409 |
Creditors: amounts falling due within one year | 7 | (4,793,780) |  | (4,462,245) |
Net current liabilities |  |  | (4,685,628) |  | (4,433,836)
Total assets less current liabilities |  |  | 2,306,398 |  | 2,558,190
Creditors: amounts falling due after more than one year | 8 |  | (1,844,489) |  | (2,023,893)
Provisions for liabilities |  |  |  |  |
Deferred tax | 11 | (419,076) |  | (419,076) |
|  |  | (419,076) |  | (419,076)
Net assets |  |  | 42,833 |  | 115,221
Capital and reserves |  |  |  |  |
Called up share capital | 12 |  | 117 |  | 117
Profit and loss account |  |  | 42,716 |  | 115,104
|  |  | 42,833 |  | 115,221
Page 1
HUCKLE PROPERTY LIMITED REGISTERED NUMBER: 08899163 BALANCE SHEET (CONTINUED) AS AT 28 FEBRUARY 2025 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 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 profit and loss account 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:
A W Humphreys
Director
Date: 23 February 2026
The notes on pages 3 to 9 form part of these financial statements. Page 2
HUCKLE PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
1. | General information
Huckle Property Limited is a private company, limited by shares, incorporated and domiciled in England and Wales with registration number of 08899163. The registered office is Holland Farm, South Brewham, Somerset, BA10 0JZ. 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 | Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The company expects the continued support of the shareholder, who has confirmed that he will provide such financial support as is necessary for the company to meet its liabilities as they fall due and continue in operation for a period of at least twelve months from the date of signing of the financial statements of the company.
| 2.3 | 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: 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
| 2.4 | 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. Page 3
HUCKLE PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.5 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is Euros. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.7 | 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. Page 4
HUCKLE PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | Investment property
Investment property is carried at fair value determined annually by the director 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 profit or loss.
| 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
HUCKLE PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 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. 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, loans to related parties and investments in ordinary shares.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
4. | Investment property
|  | Investment property
|  | €
| Valuation |
| At 1 March 2024 | 6,992,026
| At 28 February 2025 | 6,992,026
The director considers €6,992,026 to be a fair reflection of the investment property's value as at 28 February 2025.
Page 6
HUCKLE PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
5. | Debtors
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | € | €
| Prepayments and accrued income | 6,636 | 7,963
6. | Cash and cash equivalents
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | € | €
| Cash at bank and in hand | 101,516 | 20,446
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | € | €
| Bank loans (Note 9) | 183,217 | 172,553
| Trade creditors | - | 3,050
| Other creditors | 4,495,218 | 4,261,953
| Accruals and deferred income | 115,345 | 24,689
|  | 4,793,780 | 4,462,245
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | € | €
| Bank loans (Note 9) | 1,844,489 | 2,023,893
Page 7
HUCKLE PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | € | €
| Amounts falling due within one year |  |
| Bank loans | 183,217 | 172,553
| Amounts falling due 2-5 years |  |
| Bank loans | 837,147 | 792,657
| Amounts falling due after more than 5 years |  |
| Bank loans | 1,007,342 | 1,231,236
|  | 2,027,706 | 2,196,446
10. | Financial instruments
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | € | €
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 101,516 | 20,446
| Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.
Page 8
HUCKLE PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
11. | Deferred taxation
|  | 2025 | 2024
|  | € | €
| At beginning of year | 419,076 | 419,076
| At end of year | 419,076 | 419,076
|  |  |  |  | 28 February
|  |  |  |  | 2025
|  |  |  |  | €
| Tax on investment property revaluation | 419,076
12. | Share capital
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | € | €
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 117 | 117
Page 9