Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 No description of principal activity false 2024-03-17 false false 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 15570457 2024-03-16 15570457 2024-03-17 2025-06-30 15570457 2023-03-17 2024-03-16 15570457 2025-06-30 15570457 c:Director1 2024-03-17 2025-06-30 15570457 d:FreeholdInvestmentProperty 2024-03-17 2025-06-30 15570457 d:FreeholdInvestmentProperty 2025-06-30 15570457 d:CurrentFinancialInstruments 2025-06-30 15570457 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 15570457 d:ShareCapital 2025-06-30 15570457 d:RetainedEarningsAccumulatedLosses 2025-06-30 15570457 c:FRS102 2024-03-17 2025-06-30 15570457 c:AuditExempt-NoAccountantsReport 2024-03-17 2025-06-30 15570457 c:FullAccounts 2024-03-17 2025-06-30 15570457 c:PrivateLimitedCompanyLtd 2024-03-17 2025-06-30 15570457 e:PoundSterling 2024-03-17 2025-06-30 iso4217:GBP xbrli:pure

Registered number: 15570457 E FRIEND PROPERTIES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
E FRIEND PROPERTIES LIMITED REGISTERED NUMBER: 15570457 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Investment property | 4 |  | 918,150
|  |  | 918,150
Current assets |  |  |
Debtors: amounts falling due within one year | 5 | 2,100 |
Cash at bank and in hand |  | 2,717 |
|  | 4,817 |
Creditors: amounts falling due within one year | 6 | (916,687) |
Net current (liabilities)/assets |  |  | (911,870)
Total assets less current liabilities |  |  | 6,280
Net assets |  |  | 6,280
Capital and reserves |  |  |
Called up share capital |  |  | 100
Profit and loss account |  |  | 6,180
|  |  | 6,280
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E FRIEND PROPERTIES LIMITED REGISTERED NUMBER: 15570457 BALANCE SHEET (CONTINUED) AS AT 30 JUNE 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 period 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 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:
................................................ Mr E R Friend
Director
Date: 17 March 2026
The notes on pages 3 to 7 form part of these financial statements. Page 2
E FRIEND PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
1. | General information
E Friend Properties Limited (“the Company”) is a private company limited by shares, incorporated in England and Wales under the Companies Act. The registered number and address of the registered office are given in the Company information. The functional and presentational currency of the Company is pounds sterling (£) and rounded to the nearest whole pound. 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 requirements and 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 | 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 balance sheet date in the countries where the Company operates and generates income. Page 3
E FRIEND PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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.
| 2.6 | 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.
| 2.7 | 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.
| 2.8 | 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. Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. 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. Page 4
E FRIEND PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.8 | Financial instruments (continued)
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. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
3. | Employees
| The average monthly number of employees, including directors, during the period was 1.
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E FRIEND PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| Additions at cost | 918,150
| At 30 June 2025 | 918,150
The 2025 valuations were made by the Director, on an open market value basis.
5. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Other debtors | 2,000
| Called up share capital not paid | 100
|  | 2,100
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Amounts owed to group undertakings | 912,737
| Corporation tax | 1,450
| Other taxation and social security | 1,000
| Accruals and deferred income | 1,500
|  | 916,687
| Amounts owed to group undertakings are unsecured, interest free and repayable on demand.
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E FRIEND PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025
7. | Controlling party
The Company's ultimate parent undertaking is Pajef Limited, a company incorporated in England and Wales, which holds all of the issued shares in the Company through its ownership of E Friend Limited which holds all the issued shares in the company. The registered office of Pajef Limited is 1 The Forum, Minerva Business Park, Lynch Wood, Peterborough, PE2 6FT.
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