Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01 false No description of principal activity 17 16 true true 06807280 2024-04-01 2025-03-31 06807280 2023-04-01 2024-03-31 06807280 2025-03-31 06807280 2024-03-31 06807280 c:Director2 2024-04-01 2025-03-31 06807280 d:Buildings d:ShortLeaseholdAssets 2024-04-01 2025-03-31 06807280 d:Buildings d:ShortLeaseholdAssets 2025-03-31 06807280 d:Buildings d:ShortLeaseholdAssets 2024-03-31 06807280 d:MotorVehicles 2024-04-01 2025-03-31 06807280 d:MotorVehicles 2025-03-31 06807280 d:MotorVehicles 2024-03-31 06807280 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06807280 d:ComputerEquipment 2024-04-01 2025-03-31 06807280 d:ComputerEquipment 2025-03-31 06807280 d:ComputerEquipment 2024-03-31 06807280 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06807280 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06807280 d:CurrentFinancialInstruments 2025-03-31 06807280 d:CurrentFinancialInstruments 2024-03-31 06807280 d:Non-currentFinancialInstruments 2025-03-31 06807280 d:Non-currentFinancialInstruments 2024-03-31 06807280 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 06807280 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06807280 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 06807280 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 06807280 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 06807280 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 06807280 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 06807280 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 06807280 d:ShareCapital 2025-03-31 06807280 d:ShareCapital 2024-03-31 06807280 d:RetainedEarningsAccumulatedLosses 2025-03-31 06807280 d:RetainedEarningsAccumulatedLosses 2024-03-31 06807280 c:FRS102 2024-04-01 2025-03-31 06807280 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06807280 c:FullAccounts 2024-04-01 2025-03-31 06807280 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06807280 2 2024-04-01 2025-03-31 06807280 6 2024-04-01 2025-03-31 06807280 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 06807280 THIRD SECTOR PROPERTY LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
THIRD SECTOR PROPERTY LIMITED REGISTERED NUMBER: 06807280 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 40,316 |  | 54,855
Investments | 5 |  | 95,170 |  | 1
|  |  | 135,486 |  | 54,856
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 653,259 |  | 453,452 |
Cash at bank and in hand | 7 | 8,836,113 |  | 4,789,524 |
|  | 9,489,372 |  | 5,242,976 |
Creditors: amounts falling due within one year | 8 | (9,200,057) |  | (4,896,774) |
Net current assets |  |  | 289,315 |  | 346,202
Total assets less current liabilities |  |  | 424,801 |  | 401,058
Creditors: amounts falling due after more than one year | 9 |  | (35,000) |  | (175,000)
Net assets |  |  | 389,801 |  | 226,058
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 389,701 |  | 225,958
|  |  | 389,801 |  | 226,058
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THIRD SECTOR PROPERTY LIMITED REGISTERED NUMBER: 06807280 STATEMENT OF FINANCIAL POSITION (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 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 31 March 2026.
Z Goodman
Director
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THIRD SECTOR PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Third Sector Property Limited is a private company limited by shares, incorporated in England & Wales (registered number 06807280). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. The principal activity of the Company continued to be that of property management and the provision of ancillary consultancy services. The financial statements are presented in Sterling, which is the functional currency of the Company. 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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 judgment in applying the Company's accounting policies. 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 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. Page 3
THIRD SECTOR PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis:
|  |  |  | Short-term leasehold property | - | 20% | straight line
|  |  |  | Motor vehicles | - | 25% | reducing balance
|  |  |  | Computer equipment | - | 25% | 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.
| 2.5 | 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 reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income 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 reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.6 | 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.
| 2.7 | 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. Page 4
THIRD SECTOR PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | 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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.11 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.12 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
3. | Employees
| The average monthly number of employees, including directors, during the year was 17 (2024 - 16).
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THIRD SECTOR PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Short-term leasehold property | Motor vehicles | Computer equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2024 | 104,440 | 5,487 | 104,110 | 214,037
| Additions | 6,001 | - | 7,603 | 13,604
| At 31 March 2025 | 110,441 | 5,487 | 111,713 | 227,641
| Depreciation |  |  |  |
| At 1 April 2024 | 86,722 | 5,487 | 66,973 | 159,182
| Charge for the year on owned assets | 20,435 | - | 7,708 | 28,143
| At 31 March 2025 | 107,157 | 5,487 | 74,681 | 187,325
| Net book value |  |  |  |
| At 31 March 2025 | 3,284 | - | 37,032 | 40,316
| At 31 March 2024 | 17,718 | - | 37,137 | 54,855
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 1
| Additions | 95,169
| At 31 March 2025 | 95,170
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THIRD SECTOR PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 494,951 | 302,146
| Other debtors | 26,865 | 54,412
| Prepayments and accrued income | 131,443 | 96,894
|  | 653,259 | 453,452
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 8,836,113 | 4,789,524
|  | 8,836,113 | 4,789,524
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 140,000 | 140,000
| Trade creditors | 91,579 | 47,434
| Other taxation and social security | 189,907 | 84,064
| Other creditors | 8,451,374 | 4,451,781
| Accruals and deferred income | 327,197 | 173,495
|  | 9,200,057 | 4,896,774
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 35,000 | 175,000
|  | 35,000 | 175,000
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THIRD SECTOR PROPERTY LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 140,000 | 140,000
|  | 140,000 | 140,000
| Amounts falling due 1-2 years |  |
| Bank loans | 35,000 | 140,000
|  | 35,000 | 140,000
| Amounts falling due 2-5 years |  |
| Bank loans | - | 35,000
|  | - | 35,000
|  | 175,000 | 315,000
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