Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Development of building projects 0 false true 2025-01-01 0 true 13749822 2025-01-01 2025-12-31 13749822 2024-01-01 2024-12-31 13749822 2025-12-31 13749822 2024-12-31 13749822 c:Director1 2025-01-01 2025-12-31 13749822 c:Director2 2025-01-01 2025-12-31 13749822 c:RegisteredOffice 2025-01-01 2025-12-31 13749822 d:CurrentFinancialInstruments 2025-12-31 13749822 d:CurrentFinancialInstruments 2024-12-31 13749822 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 13749822 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13749822 d:ShareCapital 2025-12-31 13749822 d:ShareCapital 2024-12-31 13749822 d:RetainedEarningsAccumulatedLosses 2025-12-31 13749822 d:RetainedEarningsAccumulatedLosses 2024-12-31 13749822 c:OrdinaryShareClass1 2025-01-01 2025-12-31 13749822 c:OrdinaryShareClass1 2025-12-31 13749822 c:OrdinaryShareClass1 2024-12-31 13749822 c:FRS102 2025-01-01 2025-12-31 13749822 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13749822 c:FullAccounts 2025-01-01 2025-12-31 13749822 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13749822 e:PoundSterling 2025-01-01 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13749822 KNIGHTSBRIDGE DEVELOPMENT CORPORATION (UK) LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
KNIGHTSBRIDGE DEVELOPMENT CORPORATION (UK) LIMITED CONTENTS
| Page
Company information | 1
Balance sheet | 2
Notes to the financial statements | 3 - 5
KNIGHTSBRIDGE DEVELOPMENT CORPORATION (UK) LIMITED COMPANY INFORMATION
Directors | W Smith
| R Smith
Registered number | 13749822
Registered office | 5 New Street Square
| London
| EC4A 3TW
Accountants | Blick Rothenberg Limited
| Chartered Accountants
| 16 Great Queen Street
| Covent Garden
| London
| WC2B 5AH
Page 1
|  | REGISTERED NUMBER:13749822
KNIGHTSBRIDGE DEVELOPMENT CORPORATION (UK) LIMITED BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Creditors: amounts falling due within one year | 4 | (67,451) |  | (56,771) |
Net liabilities |  |  | (67,451) |  | (56,771)
Capital and reserves |  |  |  |  |
Called up share capital | 5 |  | 100 |  | 100
Profit and loss account |  |  | (67,551) |  | (56,871)
Net deficit |  |  | (67,451) |  | (56,771)
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:
W Smith
Director
Date: 16 March 2026
The notes on pages 3 to 5 form part of these financial statements. Page 2
KNIGHTSBRIDGE DEVELOPMENT CORPORATION (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Knightsbridge Development Corporation (UK) Limited is a private company limited by shares incorporated in England and Wales. The address of its registered office is 5 New Street Square, London, EC4A 3TW. 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 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 following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on a going concern basis notwithstanding the fact that the company has a deficiency on total equity at the end of the year. The directors consider this basis to be appropriate as the company has sufficient facilities available from its shareholders to fund its working capital requirements for a period of at least twelve months from the date these financial statements were approved.
| 2.3 | 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, 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. Page 3
KNIGHTSBRIDGE DEVELOPMENT CORPORATION (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued) Financial liabilities Basic financial liabilities, loans from fellow group companies 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 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.
| 2.4 | Share capital
Ordinary shares are classified as equity. Page 4
KNIGHTSBRIDGE DEVELOPMENT CORPORATION (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. | Employees
| The company has no employees, other than the directors, during the year (2024:0).
4. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 67,451 | 50,437
| Accruals | - | 6,334
|  | 67,451 | 56,771
| Amounts owed to group undertakings are interest free, unsecured and repayable on demand.
5. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 -100) Ordinary shares of £1.00 each | 100 | 100
6. | 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.
7. | Ultimate controlling party
The company’s ultimate holding company is Knightsbridge Development Corporation, a company incorporated in Canada. Its registered office address in Toronto. Group financial statements are not prepared. The ultimate controlling parties are R Smith and W Smith.
Page 5