Caseware UK (AP4) 2025.0.111 2025.0.111 2025-03-31 2025-03-31 true false 2024-04-01 No description of principal activity 0 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05460990 2024-04-01 2025-03-31 05460990 2023-04-01 2024-03-31 05460990 2025-03-31 05460990 2024-03-31 05460990 c:CompanySecretary1 2024-04-01 2025-03-31 05460990 c:Director1 2024-04-01 2025-03-31 05460990 c:RegisteredOffice 2024-04-01 2025-03-31 05460990 d:MotorVehicles 2024-04-01 2025-03-31 05460990 d:MotorVehicles 2025-03-31 05460990 d:MotorVehicles 2024-03-31 05460990 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05460990 d:FurnitureFittings 2024-04-01 2025-03-31 05460990 d:FurnitureFittings 2025-03-31 05460990 d:FurnitureFittings 2024-03-31 05460990 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05460990 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05460990 d:CurrentFinancialInstruments 2025-03-31 05460990 d:CurrentFinancialInstruments 2024-03-31 05460990 d:Non-currentFinancialInstruments 2025-03-31 05460990 d:Non-currentFinancialInstruments 2024-03-31 05460990 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 05460990 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05460990 d:ShareCapital 2025-03-31 05460990 d:ShareCapital 2024-03-31 05460990 d:RetainedEarningsAccumulatedLosses 2025-03-31 05460990 d:RetainedEarningsAccumulatedLosses 2024-03-31 05460990 c:OrdinaryShareClass1 2024-04-01 2025-03-31 05460990 c:OrdinaryShareClass1 2025-03-31 05460990 c:OrdinaryShareClass1 2024-03-31 05460990 c:FRS102 2024-04-01 2025-03-31 05460990 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05460990 c:FullAccounts 2024-04-01 2025-03-31 05460990 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05460990 2 2024-04-01 2025-03-31 05460990 6 2024-04-01 2025-03-31 05460990 1 2025-03-31 05460990 2 2025-03-31 05460990 1 2024-03-31 05460990 2 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05460990 GROOM PROPERTIES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
GROOM PROPERTIES LIMITED CONTENTS
| Page
Company information | 1
Balance sheet | 2 - 3
Notes to the financial statements | 4 - 12
GROOM PROPERTIES LIMITED COMPANY INFORMATION
Director | P E Goldstein
Company secretary | E Bourrely-Goldstein
Registered number | 05460990
Registered office | 16 Great Queen Street
| Covent Garden
| London
| WC2B 5AH
Accountants | Blick Rothenberg Limited
| Chartered Accountants
| 16 Great Queen Street
| Covent Garden
| London
| WC2B 5AH
Page 1
|  | REGISTERED NUMBER:05460990
GROOM PROPERTIES LIMITED BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 106,053 |  | 137,797
Investments | 5 |  | 1,940,441 |  | 1,807,554
|  |  | 2,046,494 |  | 1,945,351
Current assets |  |  |  |  |
Stocks | 6 | - |  | 570,572 |
Debtors | 7 | 6,892,462 |  | 5,311,745 |
Cash at bank and in hand |  | 935,954 |  | 2,221,838 |
|  | 7,828,416 |  | 8,104,155 |
Creditors: amounts falling due within one year | 8 | (1,571,558) |  | (1,550,480) |
Net current assets |  |  | 6,256,858 |  | 6,553,675
Total assets less current liabilities |  |  | 8,303,352 |  | 8,499,026
Net assets |  |  | 8,303,352 |  | 8,499,026
Page 2
|  | REGISTERED NUMBER:05460990
GROOM PROPERTIES LIMITED BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 2 |  | 2
Profit and loss account |  |  | 8,303,350 |  | 8,499,024
|  |  | 8,303,352 |  | 8,499,026
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 signed by the sole director.
P E Goldstein
Director
Date: 19 March 2026
The notes on pages 4 to 12 form part of these financial statements. Page 3
GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Groom Properties Limited is a private company limited by shares incorporated in England and Wales. Its registered office is 16 Great Queen Street, Covent Garden, London, WC2B 5AH. The financial statements are presented in Sterling (£). 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland ('FRS 102') and the Companies Act 2006. The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts. The following principal accounting policies have been applied:
| 2.2 | Going concern
After making enquiries, the director has 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, he continues to adopt the going concern basis in preparing the financial statements.
| 2.3 | Revenue
Turnover relates to profit shares from interests in LLP's. Turnover 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. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
| 2.4 | 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. Page 4
GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.4 | Tangible fixed assets (continued)
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:
|  |  |  | Motor vehicles | - | 20% |
|  |  |  | Fixtures and fittings | - | 10% |
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.
| 2.5 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.6 | Associates and joint ventures
Associates and Joint Ventures are held at cost less impairment.
| 2.7 | Stocks
Trading properties are valued at the lower of cost and net realisable value. At each balance sheet 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 5
GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | 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. Financial assets Basic financial assets, including trade and other debtors, 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 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 the profit and loss account. Page 6
GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | Share capital
Ordinary shares are classified as equity.
| 2.10 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is GBP. 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'.
| 2.11 | 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 7
GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.12 | 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.
| 2.13 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.14 | Investments
Investments held as fixed assets are shown at cost less provision for impairment.
| 2.15 | Taxation
The tax expense for the year comprises current and deferred tax. 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.
3. | Employees
Other than the director, the company had no employees during the year or the prior year. Page 8
GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 131,653 | 54,127 | 185,780
| At 31 March 2025 | 131,653 | 54,127 | 185,780
| Depreciation |  |  |
| At 1 April 2024 | 26,331 | 21,652 | 47,983
| Charge for the year on owned assets | 26,331 | 5,413 | 31,744
| At 31 March 2025 | 52,662 | 27,065 | 79,727
| Net book value |  |  |
| At 31 March 2025 | 78,991 | 27,062 | 106,053
| At 31 March 2024 | 105,322 | 32,475 | 137,797
Page 9

|  | GROOM PROPERTIES LIMITED |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| 5. | Fixed asset investments
|  | Investments in subsidiary companies | Investments in associates | Listed investments | Unlisted investments | Loans to subsidiaries | Total
|  | £ | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |  |
| At 1 April 2024 | 118,972 | 54 | 1,354,815 | 155,252 | 178,461 | 1,807,554
| Additions | - | - | 1,517,502 | - | - | 1,517,502
| Disposals | - | - | (1,149,030) | (155,252) | - | (1,304,282)
| Revaluations | - | - | (80,333) | - | - | (80,333)
| At 31 March 2025 | 118,972 | 54 | 1,642,954 | - | 178,461 | 1,940,441
| Net book value |  |  |  |  |  |
| At 31 March 2025 | 118,972 | 54 | 1,642,954 | - | 178,461 | 1,940,441
| At 31 March 2024 | 118,972 | 54 | 1,354,815 | 155,252 | 178,461 | 1,807,554
Page 10

GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Property stock | - | 570,572
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Other debtors | 24,890 | 22,646
|  | 24,890 | 22,646
| Due within one year |  |
| Other debtors | 6,867,572 | 5,289,099
|  | 6,892,462 | 5,311,745
| Included within other debtors due within one year is a loan to a director, amounting to £76,329 (2024 - £61,346). The amount is repayable on demand and bears interest at HMRC approved rates. Subsequent to the year end, the loan was repaid.
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 613 | 613
| Corporation tax | 2,244 | -
| Other creditors | 1,540,501 | 1,521,667
| Accruals and deferred income | 28,200 | 28,200
|  | 1,571,558 | 1,550,480
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Shares classified as equity Allotted, called up and fully paid |  |
|  | 2 (2024 - 2) Ordinary shares of £1.00 each | 2 | 2
Page 11
GROOM PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Related party transactions
| The company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are a wholly owned part of the group. Loans of £1,839,467 (2024: £106,870) were made to associated companies. The loans were interest free and repayable on demand.
Page 12