Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 true true true true true true true true true 2025-01-01 false No description of principal activity 4 4 true false 15014382 2025-01-01 2025-12-31 15014382 2024-01-01 2024-12-31 15014382 2025-12-31 15014382 2024-12-31 15014382 c:Director4 2025-01-01 2025-12-31 15014382 d:LeaseholdInvestmentProperty 2025-01-01 2025-12-31 15014382 d:LeaseholdInvestmentProperty 2025-12-31 15014382 d:LeaseholdInvestmentProperty 2024-12-31 15014382 d:LeaseholdInvestmentProperty 2 2025-01-01 2025-12-31 15014382 d:CurrentFinancialInstruments 2025-12-31 15014382 d:CurrentFinancialInstruments 2024-12-31 15014382 d:Non-currentFinancialInstruments 2025-12-31 15014382 d:Non-currentFinancialInstruments 2024-12-31 15014382 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 15014382 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15014382 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 15014382 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 15014382 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-12-31 15014382 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 15014382 d:ShareCapital 2025-12-31 15014382 d:ShareCapital 2024-12-31 15014382 d:RetainedEarningsAccumulatedLosses 2025-12-31 15014382 d:RetainedEarningsAccumulatedLosses 2024-12-31 15014382 c:OrdinaryShareClass1 2025-01-01 2025-12-31 15014382 c:OrdinaryShareClass1 2025-12-31 15014382 c:OrdinaryShareClass1 2024-12-31 15014382 c:FRS101 2025-01-01 2025-12-31 15014382 c:Audited 2025-01-01 2025-12-31 15014382 c:FullAccounts 2025-01-01 2025-12-31 15014382 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 15014382 c:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 15014382 2 2025-01-01 2025-12-31 15014382 d:TaxLossesCarry-forwardsDeferredTax 2025-12-31 15014382 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 15014382 d:OtherDeferredTax 2025-12-31 15014382 d:OtherDeferredTax 2024-12-31 15014382 f:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15014382 BEVIS INVESTMENT HOLDINGS LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
BEVIS INVESTMENT HOLDINGS LIMITED REGISTERED NUMBER: 15014382 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 14,190,000 |  | 6,742,503
|  |  | 14,190,000 |  | 6,742,503
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 153,596 |  | 244,672 |
Cash at bank and in hand | 6 | 371,502 |  | 828,544 |
|  | 525,098 |  | 1,073,216 |
Creditors: amounts falling due within one year | 7 | (6,740,797) |  | (6,564,782) |
Net current liabilities |  |  | (6,215,699) |  | (5,491,566)
Total assets less current liabilities |  |  | 7,974,301 |  | 1,250,937
Creditors: amounts falling due after more than one year | 8 |  | (5,582,437) |  | (1,314,817)
Net assets/(liabilities) |  |  | 2,391,864 |  | (63,880)
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 100 |  | 100
Profit and loss account |  |  | 2,391,764 |  | (63,980)
|  |  | 2,391,864 |  | (63,880)
Page 1
BEVIS INVESTMENT HOLDINGS LIMITED REGISTERED NUMBER: 15014382 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 The Company's financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. 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 by:
R H Silver
Director
Date: 25 March 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Bevis Investment Holdings Limited is a private company limited by shares and incorporated in England and Wales (registered number: 15014382). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. The principal place of business is 17 Portland Place, London, W1B 1PU. The principal activity of the Company is that of commercial property investment. The financial statements are presented in Pound 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 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 following principal accounting policies have been applied:
| 2.2 | Financial Reporting Standard 101 - reduced disclosure exemptions
The Company has taken advantage of the following disclosure exemptions under FRS 101: ∙the requirements of IFRS 7 Financial Instruments: Disclosures ∙the requirements of paragraphs 91-99 of IFRS 13 Fair Value Measurement ∙the requirements of the second sentence of paragraph 110 and paragraphs 113(a), 114, 115, 118, 119(a) to (c), 120 to 127 and 129 of IFRS 15 Revenue from Contracts with Customers ∙the requirement in paragraph 38 of IAS 1 'Presentation of Financial Statements' to present comparative information in respect of: - paragraph 79(a)(iv) of IAS 1; - paragraphs 76 and 79(d) of IAS 40 Investment Property; and ∙the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134-136 of IAS 1 Presentation of Financial Statements ∙the requirements of IAS 7 Statement of Cash Flows ∙the requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors ∙the requirements of paragraph 17 and 18A of IAS 24 Related Party Disclosures ∙the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member This information is included in the consolidated financial statements of SG Rocks (UK) Limited as at 31 December 2025 and these financial statements may be obtained from C/O Work.Life, 33 Foley Street, London, England,W1W 7TL. Page 3
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.3 | Going concern
The financial statements have been prepared on the going concern basis. The Company is dependent on the parent company for financial support, which will continue for a period of at least another 12 months from the date of approval of these financial statements. As at 31 December 2025, the Company was in a net liability position. The ultimate beneficial owners have indicated their present intention to provide adequate finance to enable the Company to continue in operational existence and on this basis the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not reflect any adjustments that would result from a withdrawal of financial support by the directors and shareholders.
| 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: The Company has contracts where the period between the transfer of the promised goods or services to the customer and payment by the customer exceeds one year. As a consequence, the Company adjusts the transaction prices of these contracts for the time value of money. A receivable is recognised when the goods are delivered as this is the point in time that the consideration is unconditional because only the passage of time is required before the payment is due. Rendering of services Revenue from providing services is recognised in the accounting period in which the services are rendered. For fixed-price contracts, revenue is recognised based on the actual service provided to the end of the reporting period as a proportion of the total services to be provided because the customer receives and uses the benefits simultaneously.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | Borrowing costs
Borrowing costs that are directly attributable to the acquisition, construction, or production of qualifying assets are capitalised as part of the cost of those assets. All other borrowing costs are expensed in the period in which they are incurred. During the year, the entity capitalised borrowing costs as part of the cost of investment property under development Page 4
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | Investment property
Investment property under construction is held at historic cost when its fair value it is not reliably measurable. Investment property is measured at fair value either from the point its fair value becomes reliably measurable or construction is completed (whichever is earlier).
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | Creditors
Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Creditors are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method. Page 5
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 4 (2024 - 4).
4. | Investment property
|  | Long term leasehold investment property
|  | £
| Valuation |
| At 1 January 2025 | 6,742,503
| Additions at cost | 4,862,889
| Surplus on revaluation | 2,584,608
| At 31 December 2025 | 14,190,000
The 2025 valuations were made by Colliers International Property Consultants, on an open market value basis.
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 11,605,392 | 6,742,504
|  | 11,605,392 | 6,742,504
| Included in profit and loss is £4,146 (2024: £16,008) in rental income and £107,122 (2024: £679) in direct operating expenses related to the investment property.
Page 6
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 151,529 | 122,377
| Prepayments and accrued income | - | 122,295
| Deferred taxation | 2,067 | -
|  | 153,596 | 244,672
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 371,502 | 828,544
|  | 371,502 | 828,544
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 255,267 | 102,103
| Amounts owed to group undertakings | 6,250,000 | 6,247,037
| Other creditors | 23,353 | 18,434
| Accruals and deferred income | 212,177 | 197,208
|  | 6,740,797 | 6,564,782
Page 7
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 5,582,437 | 1,314,817
|  | 5,582,437 | 1,314,817
| The following liabilities were secured:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 5,582,437 | 1,314,817
|  | 5,582,437 | 1,314,817
| Details of security provided:
Bank loans of £5,582,437 (2024: £1,314,817) are secured against the assets of the Company by way of fixed and floating charge.
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due 2-5 years |  |
| Bank loans | 5,582,436 | 1,314,818
|  | 5,582,436 | 1,314,818
Page 8
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
10. | Deferred taxation
|  | 2025
|  | £
| Charged to profit or loss | 2,067
| At end of year | 2,067
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Tax losses carried forward | 648,219 | -
| Revaluation surplus | (646,152) | -
|  | 2,067 | -
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary share capital shares of £1.00 each | 100 | 100
12. | Related party transactions
| FRS 101 does not require disclosure of transactions between members of a group provided that any subsidiary which is a party to the transaction is wholly owned by such a member.
13. | Controlling party
The immediate parent company is Bevis Rocks Limited, a company incorporated in England and Wales (registered number: 15014040), and whose registered office address is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. The ultimate controlling party is SG Rocks (UK) Limited a company incorporated in England and Wales (registered number: 14687640), and whose registered office address is C/O Work.Life, 33 Foley Street, London, England, W1W 7TL.
14. | First time adoption of FRS 101 The policies applied under the entity's previous accounting framework are not materially different to FRS 101 and have not impacted on equity or profit or loss.
Page 9
BEVIS INVESTMENT HOLDINGS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
15. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified. The audit report was signed on 25 March 2026 by Daniel Walters (Senior Statutory Auditor) on behalf of Harris and Trotter LLP.
Page 10