Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 2024-05-01 false Letting and operating of own or leased properties 2 2 true false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08473922 2024-05-01 2025-04-30 08473922 2023-05-01 2024-04-30 08473922 2025-04-30 08473922 2024-04-30 08473922 c:Director1 2024-05-01 2025-04-30 08473922 c:Director2 2024-05-01 2025-04-30 08473922 c:RegisteredOffice 2024-05-01 2025-04-30 08473922 d:FreeholdInvestmentProperty 2025-04-30 08473922 d:FreeholdInvestmentProperty 2024-04-30 08473922 d:CurrentFinancialInstruments 2025-04-30 08473922 d:CurrentFinancialInstruments 2024-04-30 08473922 d:Non-currentFinancialInstruments 2025-04-30 08473922 d:Non-currentFinancialInstruments 2024-04-30 08473922 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 08473922 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08473922 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 08473922 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 08473922 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-04-30 08473922 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 08473922 d:ShareCapital 2025-04-30 08473922 d:ShareCapital 2024-04-30 08473922 d:RevaluationReserve 2025-04-30 08473922 d:RevaluationReserve 2024-04-30 08473922 d:RetainedEarningsAccumulatedLosses 2025-04-30 08473922 d:RetainedEarningsAccumulatedLosses 2024-04-30 08473922 c:FRS102 2024-05-01 2025-04-30 08473922 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 08473922 c:FullAccounts 2024-05-01 2025-04-30 08473922 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08473922 5 2024-05-01 2025-04-30 08473922 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 08473922
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 30 APRIL 2025
| 41 INVESTMENTS LIMITED
41 INVESTMENTS LIMITED |  |
COMPANY INFORMATION
Directors | R H Herbert-Burns
| M J Mitten
Registered number | 08473922
Registered office | 1 Cherwell Mews
| London
| SW11 1AF
Accountants | Menzies LLP
| Chartered Accountants
| Hodge House
| 114-116 St Mary St
| Cardiff
| CF10 1DY
41 INVESTMENTS LIMITED |  |
CONTENTS
| Page
Statement of financial position | 1 - 2
Notes to the financial statements | 3 - 6
41 INVESTMENTS LIMITED REGISTERED NUMBER:08473922 |  |
STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2025
|  | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investment property |  | 5,504,966 |  | 5,504,966
|  | 5,504,966 |  | 5,504,966
Current assets |  |  |  |
Debtors: amounts falling due within one year | 25,974 |  | 25,405 |
Cash at bank and in hand | 3,273 |  | 752 |
| 29,247 |  | 26,157 |
Creditors: amounts falling due within one year | (300,310) |  | (237,734) |
Net current liabilities |  | (271,063) |  | (211,577)
Total assets less current liabilities |  | 5,233,903 |  | 5,293,389
Creditors: amounts falling due after more than one year |  | (2,431,250) |  | (2,431,250)
Provisions for liabilities |  |  |  |
Deferred tax | (711,669) |  | (711,669) |
|  | (711,669) |  | (711,669)
Net assets |  | 2,090,984 |  | 2,150,470
Capital and reserves |  |  |  |
Called up share capital |  | 25,000 |  | 25,000
Revaluation reserve |  | 1,855,431 |  | 1,855,431
Profit and loss account |  | 210,553 |  | 270,039
|  | 2,090,984 |  | 2,150,470
Page 1
41 INVESTMENTS LIMITED REGISTERED NUMBER:08473922 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 APRIL 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 income and retained earnings 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:
M J Mitten
Director
Date: 30 January 2026
The notes on pages 3 to 6 form part of these financial statements. Page 2
41 INVESTMENTS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025
1. | General information
41 Investments Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is given on the company information page of these financial statements. The financial statements are presented in sterling which is the functional and presentational currency of the company and 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 | 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 generated via rental services paid over an agreed term and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
| 2.3 | 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.
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 3
41 INVESTMENTS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025 2.Accounting policies (continued)
| 2.5 | 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 reporting 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 reporting 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 reporting date.
| 2.6 | 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 reporting 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.
| 2.7 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.8 | 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. Page 4
41 INVESTMENTS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025 2.Accounting policies (continued)
| 2.9 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 May 2024 | 5,504,966
| At 30th April 2025 | 5,504,966
The 2025 valuations were made by the directors, on an open market value for existing use basis.
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 16,013 | 2,514
| Other debtors | 9,593 | 22,523
| Prepayments and accrued income | 368 | 368
|  | 25,974 | 25,405
Page 5
41 INVESTMENTS LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 6,058
| Corporation tax | 17,023 | 40,206
| Other creditors | 275,931 | 184,330
| Accruals and deferred income | 7,356 | 7,140
|  | 300,310 | 237,734
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,431,250 | 2,431,250
|  | 2,431,250 | 2,431,250
8. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due after more than 5 years |  |
| Bank loans | 2,431,250 | 2,431,250
|  | 2,431,250 | 2,431,250
|  | 2,431,250 | 2,431,250
| Security in the form of fixed and legal charges over the investment property of the company havs been given in respect of bank loans of £2,431,250 (2024: £2,431,250). The bank loans represent interest only mortgages held.
Page 6