Caseware UK (AP4) 2025.0.111 2025.0.111 2025-03-31 2025-03-31 false 2024-04-01 consultancy 0 0 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13280406 2024-04-01 2025-03-31 13280406 2023-04-01 2024-03-31 13280406 2025-03-31 13280406 2024-03-31 13280406 c:Director1 2024-04-01 2025-03-31 13280406 c:Director2 2024-04-01 2025-03-31 13280406 c:Director3 2024-04-01 2025-03-31 13280406 c:RegisteredOffice 2024-04-01 2025-03-31 13280406 d:CurrentFinancialInstruments 2025-03-31 13280406 d:CurrentFinancialInstruments 2024-03-31 13280406 d:Non-currentFinancialInstruments 2025-03-31 13280406 d:Non-currentFinancialInstruments 2024-03-31 13280406 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 13280406 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13280406 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 13280406 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13280406 d:ShareCapital 2025-03-31 13280406 d:ShareCapital 2024-03-31 13280406 d:OtherMiscellaneousReserve 2024-04-01 2025-03-31 13280406 d:OtherMiscellaneousReserve 2025-03-31 13280406 d:OtherMiscellaneousReserve 2024-03-31 13280406 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 13280406 d:RetainedEarningsAccumulatedLosses 2025-03-31 13280406 d:RetainedEarningsAccumulatedLosses 2024-03-31 13280406 c:OrdinaryShareClass1 2024-04-01 2025-03-31 13280406 c:OrdinaryShareClass1 2025-03-31 13280406 c:OrdinaryShareClass1 2024-03-31 13280406 c:OrdinaryShareClass2 2024-04-01 2025-03-31 13280406 c:OrdinaryShareClass2 2025-03-31 13280406 c:OrdinaryShareClass2 2024-03-31 13280406 c:OrdinaryShareClass3 2024-04-01 2025-03-31 13280406 c:OrdinaryShareClass3 2025-03-31 13280406 c:OrdinaryShareClass3 2024-03-31 13280406 c:FRS102 2024-04-01 2025-03-31 13280406 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 13280406 c:FullAccounts 2024-04-01 2025-03-31 13280406 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13280406 2 2024-04-01 2025-03-31 13280406 6 2024-04-01 2025-03-31 13280406 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13280406 RIVER BIRCH PROPERTIES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
RIVER BIRCH PROPERTIES LIMITED CONTENTS
| Page
Company information | 1
Balance sheet | 2 - 3
Notes to the financial statements | 4 - 10
RIVER BIRCH PROPERTIES LIMITED COMPANY INFORMATION
Directors | G E Lloyd-Roberts
| H G Lloyd-Roberts
| G Warwick
Registered number | 13280406
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:13280406
RIVER BIRCH PROPERTIES LIMITED BALANCE SHEET AS AT 31 MARCH 2025
|  |  |  | As restated
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 1,075,300 |  | 800,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 13,579 |  | 2,695 |
Cash at bank and in hand |  | 49,723 |  | 5,221 |
|  | 63,302 |  | 7,916 |
Creditors: amounts falling due within one year | 6 | (409,675) |  | (920,236) |
Net current liabilities |  |  | (346,373) |  | (912,320)
Total assets less current liabilities |  |  | 728,927 |  | (112,320)
Creditors: amounts falling due after more than one year | 7 |  | (442,551) |  | -
Net assets/(liabilities) |  |  | 286,376 |  | (112,320)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 200 |  | 200
Capital contribution reserve | 9 |  | 385,501 |  | -
Profit and loss account | 9 |  | (99,325) |  | (112,520)
Total equity/(net deficit) |  |  | 286,376 |  | (112,320)
Page 2
|  | REGISTERED NUMBER:13280406
RIVER BIRCH PROPERTIES LIMITED BALANCE SHEET (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 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:
H G Lloyd-Roberts
Director
Date: 19 March 2026
The notes on pages 4 to 10 form part of these financial statements. Page 3
RIVER BIRCH PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
River Birch Properties Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office is 16 Great Queen Street, Covent Garden, London, WC2B 5AH. 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 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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 | Prior year adjustment
The company has restated its comparative figures for the year ended 31 March 2024. An explanation of the adjustment together with the financial impact is set out in Note 10.
| 2.4 | 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. Page 4
RIVER BIRCH PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | 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.
| 2.7 | Valuation of investments
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.
| 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. The company’s policies for its major classes of financial assets and financial liabilities are set out below. 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. Page 5
RIVER BIRCH PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
|  | Financial instruments (continued)
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. 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 | Cash at bank and in hand
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Page 6
RIVER BIRCH PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | Current and deferred tax
The tax expense for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, 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. 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 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 0 (2024 -0).
Page 7
RIVER BIRCH PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Fixed asset investments
|  | Unlisted investments | Investments in associates | Total
|  | £ | £ | £
| Cost |  |  |
| Prior Year Adjustment | 800,000 | - | 800,000
| At 1 April 2024 (as restated) | 800,000 | - | 800,000
| Additions | 475,000 | 300 | 475,300
| Disposals | (200,000) | - | (200,000)
| At 31 March 2025 | 1,075,000 | 300 | 1,075,300
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 11,000 | -
| Other debtors | 2,579 | 2,695
|  | 13,579 | 2,695
6. | Creditors: amounts falling due within one year
|  |  |  |  |  | As restated
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amount due to related undertakings | 215,010 | -
| Other taxation and social security | 7,775 | -
| Other creditors | 176,802 | 919,835
| Accruals | 10,088 | 401
|  | 409,675 | 920,236
Page 8
RIVER BIRCH PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Creditors: amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 442,551 | -
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 -100) Ordinary A shares of £1.00 each | 100 | 100
|  | 70 (2024 -70) Ordinary B shares of £1.00 each | 70 | 70
|  | 30 (2024 -30) Ordinary C shares of £1.00 each | 30 | 30
|  |  | 200 | 200
9. | Reserves
Capital contribution reserve The company has received an unsecured, interest-free loan notes totalling £825,000 from its shareholders to support its working capital requirements. The loans are repayable in 2035 and, as they are interest-free and not repayable in the short term, the arrangement represents a financing transaction under FRS 102. A deemed market interest rate of 6.5% was applied at initial recognition to discount the loan notes to their net present value. The resulting measurement difference of £385,504 has been recognised as a capital contribution within reserves. The unwinding of the discount is recognised as deemed interest in the profit and loss account over the period to repayment. The carrying amount of the liability at the reporting date, after discounting, is £439,496, and is presented entirely within creditors due after more than one year, reflecting the repayment date of 2035. As at the reporting date, the total balance due to the shareholders being the £825,000 nominal amount inclusive of the capital contribution, remains outstanding. Profit and loss account The profit and loss account relates to accumulated historic profits and losses.
10. | Prior year restatement
The directors have restated the company’s balance sheet as at 31 March 2024 to reclassify unlisted investments of £800,000 from investment property to fixed asset investments, in order to reflect their substance as long-term investments rather than property assets. This adjustment has no impact on the company’s net assets as at 31 March 2024, nor on the profit and loss account for the year ended 31 March 2024 or the retained earnings at that date. Page 9
RIVER BIRCH PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
11. | Related party transactions
The company had the following disclosable transactions with related parties in accordance with Section 33 of FRS102: Amounts owed to related undertakings comprise an unsecured interest-free loan to a company with common directors. There are no formal terms and conditions regarding its repayment. At the year end, the following amounts were owed to the shareholders: £176,502 (2024: £-) due within one year. The loan is interest-free and repayable on demand, although repayment will not be requested until such time as the company has sufficient funds. £442,551 (2024: £-) due after more than one year, representing the carrying amount of the discounted loan notes. Further details are provided in Note 9.
Page 10