Caseware UK (AP4) 2025.0.111 2025.0.111 2025-06-30 2025-06-30 false true 2024-07-01 false Rental properties 1 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02920747 2024-07-01 2025-06-30 02920747 2023-07-01 2024-06-30 02920747 2025-06-30 02920747 2024-06-30 02920747 2023-07-01 02920747 1 2024-07-01 2025-06-30 02920747 d:CompanySecretary1 2024-07-01 2025-06-30 02920747 d:Director1 2024-07-01 2025-06-30 02920747 d:Director2 2024-07-01 2025-06-30 02920747 d:RegisteredOffice 2024-07-01 2025-06-30 02920747 c:FurnitureFittings 2024-07-01 2025-06-30 02920747 c:FurnitureFittings 2025-06-30 02920747 c:FurnitureFittings 2024-06-30 02920747 c:FreeholdInvestmentProperty 2025-06-30 02920747 c:FreeholdInvestmentProperty 2024-06-30 02920747 c:CurrentFinancialInstruments 2025-06-30 02920747 c:CurrentFinancialInstruments 2024-06-30 02920747 c:Non-currentFinancialInstruments 2025-06-30 02920747 c:Non-currentFinancialInstruments 2024-06-30 02920747 c:CurrentFinancialInstruments c:WithinOneYear 2025-06-30 02920747 c:CurrentFinancialInstruments c:WithinOneYear 2024-06-30 02920747 c:Non-currentFinancialInstruments c:AfterOneYear 2025-06-30 02920747 c:Non-currentFinancialInstruments c:AfterOneYear 2024-06-30 02920747 c:ShareCapital 2025-06-30 02920747 c:ShareCapital 2024-06-30 02920747 c:ShareCapital 2023-07-01 02920747 c:RevaluationReserve 2025-06-30 02920747 c:RevaluationReserve 2023-07-01 2024-06-30 02920747 c:RevaluationReserve 2024-06-30 02920747 c:RevaluationReserve 2023-07-01 02920747 c:RetainedEarningsAccumulatedLosses 2024-07-01 2025-06-30 02920747 c:RetainedEarningsAccumulatedLosses 2025-06-30 02920747 c:RetainedEarningsAccumulatedLosses 2023-07-01 2024-06-30 02920747 c:RetainedEarningsAccumulatedLosses 2024-06-30 02920747 c:RetainedEarningsAccumulatedLosses 2023-07-01 02920747 d:OrdinaryShareClass1 2024-07-01 2025-06-30 02920747 d:OrdinaryShareClass1 2025-06-30 02920747 d:OrdinaryShareClass1 2024-06-30 02920747 d:FRS102 2024-07-01 2025-06-30 02920747 d:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 02920747 d:FullAccounts 2024-07-01 2025-06-30 02920747 d:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 02920747 e:PoundSterling 2024-07-01 2025-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02920747 GEAN INVESTMENTS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
GEAN INVESTMENTS LIMITED CONTENTS
| Page
Company information | 1
Balance sheet | 2 - 3
Statement of changes in equity | 4
Notes to the financial statements | 5 - 13
GEAN INVESTMENTS LIMITED COMPANY INFORMATION
Directors | A J Ingram
| A I R Newton
Company secretary | J Miller
Registered number | 02920747
Registered office | C Top Albany
| Piccadilly
| London
| W1J 0AW
Accountants | Blick Rothenberg Limited
| Chartered Accountants
| 16 Great Queen Street
| Covent Garden
| London
| WC2B 5AH
Page 1
|  | REGISTERED NUMBER:02920747
GEAN INVESTMENTS LIMITED BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 6 |  | 1,750,000 |  | 1,750,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | - |  | 932 |
Cash at bank and in hand |  | 3,988 |  | 30,595 |
|  | 3,988 |  | 31,527 |
Creditors: amounts falling due within one year | 8 | (205,360) |  | (272,820) |
Net current liabilities |  |  | (201,372) |  | (241,293)
Total assets less current liabilities |  |  | 1,548,628 |  | 1,508,707
Creditors: amounts falling due after more than one year | 9 |  | (684,559) |  | (681,517)
Net assets |  |  | 864,069 |  | 827,190
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100,000 |  | 100,000
Revaluation reserve |  |  | 186,329 |  | 186,329
Profit and loss account |  |  | 577,740 |  | 540,861
Total equity |  |  | 864,069 |  | 827,190
Page 2
|  | REGISTERED NUMBER:02920747
GEAN INVESTMENTS LIMITED BALANCE SHEET (CONTINUED) AS AT 30 JUNE 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 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 I R Newton
Director
Date: 10 March 2026
The notes on pages 5 to 13 form part of these financial statements. Page 3
GEAN INVESTMENTS LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2025
| Called up share capital | Revaluation reserve | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 July 2022 | 100,000 | 436,329 | 495,106 | 1,031,435
Profit for the financial year | - | - | (204,245) | (204,245)
Revaluation reserve transfer | - | (250,000) | 250,000 | -
At 1 July 2023 | 100,000 | 186,329 | 540,861 | 827,190
Loss for the financial year | - | - | 36,879 | 36,879
At 30 June 2025 | 100,000 | 186,329 | 577,740 | 864,069
| The notes on pages 5 to 13 form part of these financial statements.
Page 4
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Gean Investments Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office is C Top Albany, Piccadilly, London, W1J 0AW. The financial statements are presented in Sterling (£), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
| 2.3 | Revenue
Revenue comprises rental income, service charges and other recoveries from tenants of the company's investment properties net of value added tax. Rental income is recognised on an accruals basis in the period in which it is earned, in accordance with the terms of the lease.
| 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. Page 5
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 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. At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. The company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Fixtures & fittings | - | 15% | reducing balance
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.
| 2.6 | Share capital
Ordinary shares are classified as equity.
| 2.7 | Financial instruments
The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments. Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. 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 deducting all of its liabilities. The company’s policies for its major classes of financial assets and financial liabilities are set out below. Page 6
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
|  | Financial instruments (continued)
Financial assets Basic financial assets, including cash and bank balances are initially recognised at transaction price, 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 for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Financial liabilities Basic financial liabilities, including trade and other creditors, bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Impairment of financial assets Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date. For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss. Page 7
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
|  | Financial instruments (continued)
Derecognition of financial assets and financial liabilities Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Offsetting of financial assets and financial liabilities Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an 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.
| 2.8 | Interest payable and similar expenses
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.
| 2.9 | Pensions
Defined contribution pension plan The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. Page 8
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.10 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account. Current tax is the amount of income tax payable in respect of taxable profit for the year or prior years. 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 arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. These timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. 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. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Page 9
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.11 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The presentation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies as described in note 2. Valuation of investment property The investment property is valued annually by the directors using a yield methodology. There is an inevitable degree of judgement involved and the value can only ultimately be reliably tested in the market itself.
4. | Employees
The average monthly number of employees, including directors, during the year was 1 (2023 - 1).
5. | Tangible fixed assets
|  | Fixtures & fittings
|  | £
| Cost |
| At 1 July 2024 | 9,010
| At 30 June 2025 | 9,010
| Depreciation |
| At 1 July 2024 | 9,010
| At 30 June 2025 | 9,010
| Net book value |
| At 30 June 2025 | -
| At 30 June 2024 | -
Page 10
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
6. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 July 2024 | 1,750,000
| At 30 June 2025 | 1,750,000
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:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 1,563,671 | 1,563,671
|  | 1,563,671 | 1,563,671
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Prepayments | - | 932
Page 11
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
8. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 1 | 143,500
| Trade creditors | 10,780 | -
| Corporation tax | 20,521 | 13,602
| Other taxation and social security | 4,961 | 6,052
| Other creditors | 134,430 | 74,020
| Accruals and deferred income | 34,667 | 35,646
|  | 205,360 | 272,820
| Included in other creditors, at the year end, an amount of £50,417 (2024: £66,495), relates to a loan with the statutory director, A I R Newton. The balance is interest free and is repayable on demand. Included in other creditors, at the year end, an amount of £83,906 (2024: £Nil), relates to a loan with a shareholder, D Newton. The balance is interest free and is repayable on demand. The bank loan was repaid 31 March 2025.
9. | Creditors: amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 684,559 | 681,517
|  | 684,559 | 681,517
| Included in other creditors, at the year end, an amount of £279,314 (2024: £274,314), relates to a loan with a company that A I R Newton is the beneficiary of the trust that owns the company. The balance is interest free and is repayable on demand. Included in other creditors, at the year end, an amount of £405,245 (2024: £407,203), relates to a loan with a trust that A I R Newton is the beneficiary of the trust. The balance is interest free and is repayable on demand.
Page 12
GEAN INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Share classified as equity
|  | Allotted, called up and fully paid |  |
|  | 100,000 (2024 - 100,000) Ordinary shares of £1 each | 100,000 | 100,000
11. | Post balance sheet events
On 29 August 2025 the company entered into a bank loan agrement for £550,000.
Page 13