Caseware UK (AP4) 2024.0.164 2024.0.164 2025-06-30 2025-06-30 false true 2024-07-01 false Buying and selling of own real estate 3 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02242859 2024-07-01 2025-06-30 02242859 2023-07-01 2024-06-30 02242859 2025-06-30 02242859 2024-06-30 02242859 2023-07-01 02242859 c:Director1 2024-07-01 2025-06-30 02242859 d:Buildings 2024-07-01 2025-06-30 02242859 d:Buildings 2025-06-30 02242859 d:Buildings 2024-06-30 02242859 d:Buildings d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 02242859 d:MotorVehicles 2024-07-01 2025-06-30 02242859 d:MotorVehicles 2025-06-30 02242859 d:MotorVehicles 2024-06-30 02242859 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 02242859 d:OfficeEquipment 2024-07-01 2025-06-30 02242859 d:OfficeEquipment 2025-06-30 02242859 d:OfficeEquipment 2024-06-30 02242859 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 02242859 d:ComputerEquipment 2024-07-01 2025-06-30 02242859 d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 02242859 d:CurrentFinancialInstruments 2025-06-30 02242859 d:CurrentFinancialInstruments 2024-06-30 02242859 d:Non-currentFinancialInstruments 2025-06-30 02242859 d:Non-currentFinancialInstruments 2024-06-30 02242859 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 02242859 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 02242859 d:Non-currentFinancialInstruments d:AfterOneYear 2025-06-30 02242859 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 02242859 d:ShareCapital 2025-06-30 02242859 d:ShareCapital 2024-06-30 02242859 d:RevaluationReserve 2025-06-30 02242859 d:RevaluationReserve 2024-06-30 02242859 d:RetainedEarningsAccumulatedLosses 2025-06-30 02242859 d:RetainedEarningsAccumulatedLosses 2024-06-30 02242859 c:OrdinaryShareClass1 2024-07-01 2025-06-30 02242859 c:OrdinaryShareClass1 2025-06-30 02242859 c:OrdinaryShareClass1 2024-06-30 02242859 c:FRS102 2024-07-01 2025-06-30 02242859 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 02242859 c:FullAccounts 2024-07-01 2025-06-30 02242859 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 02242859 2 2024-07-01 2025-06-30 02242859 5 2024-07-01 2025-06-30 02242859 d:AcceleratedTaxDepreciationDeferredTax 2025-06-30 02242859 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 02242859 e:PoundSterling 2024-07-01 2025-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02242859 ATP PROPERTIES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 JUNE 2025
ATP PROPERTIES LIMITED REGISTERED NUMBER: 02242859 BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,920,527 |  | 1,895,838
|  |  | 1,920,527 |  | 1,895,838
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 112,411 |  | 104,630 |
Cash at bank and in hand | 6 | 23,895 |  | 41 |
|  | 136,306 |  | 104,671 |
Creditors: amounts falling due within one year | 7 | (142,854) |  | (80,699) |
Net current (liabilities)/assets |  |  | (6,548) |  | 23,972
Total assets less current liabilities |  |  | 1,913,979 |  | 1,919,810
Creditors: amounts falling due after more than one year | 8 |  | (933,081) |  | (940,095)
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (23,372) |  | (29,372) |
|  |  | (23,372) |  | (29,372)
Net assets |  |  | 957,526 |  | 950,343
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Revaluation reserve |  |  | 1,184,169 |  | 1,178,169
Profit and loss account |  |  | (226,743) |  | (227,926)
|  |  | 957,526 |  | 950,343
Page 1
ATP PROPERTIES LIMITED REGISTERED NUMBER: 02242859 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 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 on 20 March 2026.
Mrs J E Porter
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
ATP PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
ATP Properties Ltd is a private company limited by shares and incorporated in England and Wales. It has its registered office at 1st Floor, 73-81 Southwark Bridge Road, London, SE1 0NQ. The company's principal activity is that of property investment, development and management. 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 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 company meets its day to day cash flow requirements through the continuing support from their bankers. Indications are this support will continue for the foreseeable future and it is on this basis that the directors consider it appropriate to prepare the financial statements on the going concern basis.
| 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 rental 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; - the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Operating leases: the company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Page 3
ATP PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Leased assets: the company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.6 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.7 | 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.
| 2.8 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 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 4
ATP PROPERTIES 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 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.
| 2.11 | 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. 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:
|  |  |  | Freehold land | - |
|  |  |  | Motor vehicles | - | 33% Straight line
|  |  |  | Computer equipment | - | 20% Straight Line
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. Page 5
ATP PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.12 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.13 | 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.
| 2.14 | 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.
| 2.15 | 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.
| 2.16 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
Page 6
ATP PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
4. | Tangible fixed assets
|  | Freehold property | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 July 2024 | 1,860,679 | 59,390 | 1,523 | 1,921,592
| Additions | 30,900 | - | 828 | 31,728
| At 30 June 2025 | 1,891,579 | 59,390 | 2,351 | 1,953,320
| Depreciation |  |  |  |
| At 1 July 2024 | - | 24,231 | 1,523 | 25,754
| Charge for the year | - | 7,032 | 7 | 7,039
| At 30 June 2025 | - | 31,263 | 1,530 | 32,793
| Net book value |  |  |  |
| At 30 June 2025 | 1,891,579 | 28,127 | 821 | 1,920,527
| At 30 June 2024 | 1,860,679 | 35,159 | - | 1,895,838
| On 26 September 2006, the land at Canal Road had an external and independent revaluation by Langleys Chartered Surveyors, who subsequently stated that the land's existing use value was to be £1,062,500, based on the land appreciating significantly in value since it was purchased. The land was revalued to £1,062,500 in 2006. In 2017, the land has been adjusted to fair value of £1,700,000 by the directors. The historic cost of the freehold land is £591,139. This land has not been depreciated.
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 101,570 | 104,630
| Other debtors | 5,841 | -
| Prepayments | 5,000 | -
|  | 112,411 | 104,630
Page 7
ATP PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 23,895 | 41
| Less: bank overdrafts | (1) | (1)
|  | 23,894 | 40
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | 1 | 1
| Bank loans | 10,983 | 11,300
| Trade creditors | 2,048 | 2,048
| Other taxation and social security | 14,113 | 8,954
| Obligations under finance lease and hire purchase contracts | 32,773 | 7,436
| Other creditors | 41,811 | 43,797
| Accruals and deferred income | 41,125 | 7,163
|  | 142,854 | 80,699
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 913,081 | 887,321
| Net obligations under finance leases and hire purchase contracts | - | 32,774
| Other creditors | 20,000 | 20,000
|  | 933,081 | 940,095
| Creditors falling due within and after one year include obligations arising from finance lease contracts amounting to £Nil (2024: £Nil) which are secured against the assets to which they relate. Creditors falling due within and after one year include bank loans amounting to £913,081 (2024: £887,321) which are secured by way of a fixed charge against the land to which they relate.
Page 8
ATP PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
9. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (29,372) | 7,432
| Charged to profit or loss | 6,000 | (36,804)
| At end of year | (23,372) | (29,372)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (23,372) | (29,372)
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
Page 9