Caseware UK (AP4) 2025.0.111 2025.0.111 2025-09-30 2025-09-30 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-10-01 false No description of principal activity 9 7 true true false 10973151 2024-10-01 2025-09-30 10973151 2023-10-01 2024-09-30 10973151 2025-09-30 10973151 2024-09-30 10973151 c:Director1 2024-10-01 2025-09-30 10973151 c:Director2 2024-10-01 2025-09-30 10973151 c:Director3 2024-10-01 2025-09-30 10973151 c:RegisteredOffice 2024-10-01 2025-09-30 10973151 d:Buildings d:LongLeaseholdAssets 2025-09-30 10973151 d:Buildings d:LongLeaseholdAssets 2024-09-30 10973151 d:OfficeEquipment 2024-10-01 2025-09-30 10973151 d:OfficeEquipment 2025-09-30 10973151 d:OfficeEquipment 2024-09-30 10973151 d:CurrentFinancialInstruments 2025-09-30 10973151 d:CurrentFinancialInstruments 2024-09-30 10973151 d:Non-currentFinancialInstruments 2025-09-30 10973151 d:Non-currentFinancialInstruments 2024-09-30 10973151 d:CurrentFinancialInstruments d:WithinOneYear 2025-09-30 10973151 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10973151 d:ShareCapital 2025-09-30 10973151 d:ShareCapital 2024-09-30 10973151 d:RetainedEarningsAccumulatedLosses 2025-09-30 10973151 d:RetainedEarningsAccumulatedLosses 2024-09-30 10973151 c:FRS102 2024-10-01 2025-09-30 10973151 c:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 10973151 c:FullAccounts 2024-10-01 2025-09-30 10973151 c:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 10973151 2 2024-10-01 2025-09-30 10973151 6 2024-10-01 2025-09-30 10973151 e:PoundSterling 2024-10-01 2025-09-30 iso4217:GBP xbrli:pure

Registered number: 10973151 CRESTON LTD FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
CRESTON LTD COMPANY INFORMATION
DIRECTORS | C. Lerner
| F. R. Lerner
| I. M. Lerner
REGISTERED NUMBER | 10973151
REGISTERED OFFICE | 1st Floor Sackville House
| 143-149 Fenchurch Street
| London
| EC3M 6BL
CRESTON LTD CONTENTS
| Page
Balance Sheet | 1
Notes to the Financial Statements | 2 - 6
CRESTON LTD REGISTERED NUMBER: 10973151 BALANCE SHEET AS AT 30 SEPTEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
FIXED ASSETS |  |  |  |  |
Tangible assets | 4 |  | 15,979,482 |  | 15,979,482
Other fixed asset investments | 5 |  | 20,750 |  | -
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due after more than one year | 6 | 33,314,294 |  | 33,314,294 |
Debtors: amounts falling due within one year | 6 | 5,315,995 |  | 5,419,898 |
Cash at bank and in hand |  | 1,974,145 |  | 3,779,888 |
|  | 40,604,434 |  | 42,514,080 |
Creditors: amounts falling due within one year | 7 | (5,911,628) |  | (7,763,669) |
NET CURRENT ASSETS |  |  | 34,692,806 |  | 34,750,411
NET ASSETS |  |  | 50,693,038 |  | 50,729,893
CAPITAL AND RESERVES |  |  |  |  |
Allotted, called up and fully paid share capital |  |  | 44,000,010 |  | 44,000,010
Profit and loss account |  |  | 6,693,028 |  | 6,729,883
EQUITY SHAREHOLDERS' FUNDS |  |  | 50,693,038 |  | 50,729,893
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 Directors' Report and the Statement of Income and Retained Earnings in accordance with provisions applicable to companies subject to the small companies regime, under section 444 of the Companies Act 2006. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 March 2026
I. M. Lerner
Director
The notes on pages 2 to 6 form part of these financial statements. Page 1
CRESTON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
1. | GENERAL INFORMATION
Creston Ltd (company number: 10973151), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL, is a private limited company incorporated in England and Wales. 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | STATEMENT OF CASH FLOWS
The Company has taken advantage of the exemption in Financial Reporting Standard 102, Section 1A.7 from the requirement to produce a Statement of Cash Flows on the grounds that it is a small company.
| 2.3 | TURNOVER
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised: Rendering of services Turnover 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 turnover 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. Page 2
CRESTON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 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, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 33% 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 the Statement of Income and Retained Earnings.
| 2.5 | FINANCE COSTS
Finance costs are charged to the Statement of Income and Retained Earnings 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.
| 2.6 | TAXATION
Tax is recognised in the Statement of Income and Retained Earnings. The current corporation 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.
| 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 the Statement of Income and Retained Earnings.
| 2.8 | DEBTORS
Short-term debtors are measured at transaction price, less any impairment. Page 3
CRESTON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.9 | INTEREST INCOME
Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.
| 2.10 | BORROWING COSTS
All borrowing costs are recognised in the Statement of Income and Retained Earnings in the year in which they are incurred.
| 2.11 | VALUATION OF INVESTMENTS
Fixed-asset investments are held by the Company for long-term capital appreciation rather than for operational use or resale in the ordinary course of business. These assets are initially recognised at cost, including directly attributable expenditure, and are carried at cost less any impairment. They are not depreciated, as they are not consumed through use. The Company reviews these investments at each reporting date for indicators of impairment and records a loss where the carrying amount exceeds recoverable value. Gains or losses on disposal are recognised in the Statement of Income and Retained Earnings based on the difference between proceeds and carrying value.
| 2.12 | 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.
| 2.13 | CREDITORS
Short-term creditors are measured at the transaction price.
| 2.14 | FINANCIAL INSTRUMENTS
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties. Financial assets that are 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 Statement of Income and Retained Earnings. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the Balance Sheet date.
| 2.15 | 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 the Statement of Income and Retained Earnings 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
CRESTON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
3. | EMPLOYEES
| The average monthly number of employees, including directors, during the year was 9 (2024 - 7).
4. | TANGIBLE FIXED ASSETS
|  | Investment property | Office equipment | Total
|  | £ | £ | £
| COST |  |  |
| At 1 October 2024 | 15,979,482 | 1,726 | 15,981,208
| At 30 September 2025 | 15,979,482 | 1,726 | 15,981,208
| Depreciation |  |  |
| At 1 October 2024 and 30 September 2025 | - | 1,726 | 1,726
| Net book value |  |  |
| At 30 September 2025 | 15,979,482 | - | 15,979,482
| At 30 September 2024 | 15,979,482 | - | 15,979,482
5. | FIXED ASSET INVESTMENTS
|  | Other fixed asset investments
|  | £
| Cost or valuation |
| Additions | 20,750
| At 30 September 2025 | 20,750
Page 5
CRESTON LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
6. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Other debtors | 33,314,294 | 33,314,294
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due within one year |  |
| Other debtors | 4,621,560 | 4,725,462
| Prepayments and accrued income | 694,435 | 694,436
|  | 5,315,995 | 5,419,898
7. | CREDITORS: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | - | 1,116
| Trade creditors | 3,462 | 1,350
| Corporation tax | 50,749 | 49,693
| Other taxation and social security | 19,323 | 8,243
| Other creditors | 5,838,094 | 7,703,267
|  | 5,911,628 | 7,763,669
8. | PENSION COMMITMENTS
The Company operates a defined contribution pension plan in respect of its employees. The assets of the plan are held separately from those of the Company in an independently administered fund. The Company makes contributions to their personal pension plans. The pension costs represent contributions payable by the Company to these plans and amount to £2,486 (2024: £1,283).
9. | RELATED PARTY TRANSACTIONS
Included within other creditors are amounts due to the directors of £1,966,528 (2024: £4,054,874). These balances are unsecured, interest-free and have no fixed repayment terms. Included within other debtors due after more than one year are amounts due to related parties of £33,314,294 (2024: £33,314,294). These companies are related by common control. The balances are unsecured, have no fixed repayment terms, and interest is charged at 11% per annum. Included within other debtors due within one year are amounts due to related parties of £671,051 (2024: £878,051). These companies are related by common control. These balances are unsecured, interest-free and have no fixed repayment terms. Page 6