Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 false 2024-05-01 false No description of principal activity 1 1 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03806263 2024-05-01 2025-04-30 03806263 2023-05-01 2024-04-30 03806263 2025-04-30 03806263 2024-04-30 03806263 2023-05-01 03806263 c:Director1 2024-05-01 2025-04-30 03806263 d:FreeholdInvestmentProperty 2025-04-30 03806263 d:FreeholdInvestmentProperty 2024-04-30 03806263 d:CurrentFinancialInstruments 2025-04-30 03806263 d:CurrentFinancialInstruments 2024-04-30 03806263 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 03806263 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 03806263 d:ShareCapital 2025-04-30 03806263 d:ShareCapital 2024-04-30 03806263 d:ShareCapital 2023-05-01 03806263 d:RevaluationReserve 2025-04-30 03806263 d:RevaluationReserve 2024-04-30 03806263 d:RevaluationReserve 2023-05-01 03806263 d:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 03806263 d:RetainedEarningsAccumulatedLosses 2025-04-30 03806263 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 03806263 d:RetainedEarningsAccumulatedLosses 2024-04-30 03806263 d:RetainedEarningsAccumulatedLosses 2023-05-01 03806263 c:FRS102 2024-05-01 2025-04-30 03806263 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 03806263 c:FullAccounts 2024-05-01 2025-04-30 03806263 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03806263 d:AcceleratedTaxDepreciationDeferredTax 2025-04-30 03806263 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 03806263 2 2024-05-01 2025-04-30 03806263 6 2024-05-01 2025-04-30 03806263 3 2025-04-30 03806263 3 2024-04-30 03806263 f:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 03806263 HERA PROPERTIES LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
HERA PROPERTIES LIMITED REGISTERED NUMBER: 03806263 STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 41,653 |  | 41,653
Investment property | 5 |  | 3,500,000 |  | 3,500,000
|  |  | 3,541,653 |  | 3,541,653
Current assets |  |  |  |  |
Debtors | 6 | 199,776 |  | 192,292 |
Cash at bank and in hand |  | 261,604 |  | 292,644 |
|  | 461,380 |  | 484,936 |
Creditors: amounts falling due within one year | 7 | (228,092) |  | (211,042) |
Net current assets |  |  | 233,288 |  | 273,894
Total assets less current liabilities |  |  | 3,774,941 |  | 3,815,547
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (144,046) |  | (143,823) |
Net assets |  |  | 3,630,895 |  | 3,671,724
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 10,000 |  | 10,000
Revaluation reserve |  |  | 128,427 |  | 128,427
Profit and loss account |  |  | 3,492,468 |  | 3,533,297
|  |  | 3,630,895 |  | 3,671,724
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HERA PROPERTIES LIMITED REGISTERED NUMBER: 03806263 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 APRIL 2025 The director considers 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 director acknowledges her 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 by:
................................................ C M Owen
Director
Date: 2 April 2026
The notes on pages 4 to 8 form part of these financial statements. Page 2
HERA PROPERTIES LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 APRIL 2025
| Called up share capital | Other reserve | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 May 2023 | 10,000 | 128,427 | 3,502,690 | 3,641,117
Profit for the year | - | - | 180,607 | 180,607
Dividends paid | - | - | (150,000) | (150,000)
At 1 May 2024 | 10,000 | 128,427 | 3,533,297 | 3,671,724
Profit for the year | - | - | 109,171 | 109,171
Dividends paid | - | - | (150,000) | (150,000)
At 30 April 2025 | 10,000 | 128,427 | 3,492,468 | 3,630,895
| The notes on pages 4 to 8 form part of these financial statements.
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HERA PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Hera Properties Limited is a private limited company, incorporated in the United Kingdom, and registered in England and Wales. The company registration number is 03806263 and the registered office is Goodwin House, 5 Union Court, Richmond, Surrey, TW9 1AA. 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 going concern basis remains an appropriate basis of preparation for these financial statements given the relatively low impact to cash flow and liquidity for the 12 months from the date of signing this report.
| 2.3 | Revenue
Revenue relates to rental income from investment property which is leased out under operating leases and is recognised in the Statement of Comprehensive Income on an accruals basis over the term of the lease.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 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. Page 4
HERA PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.6 | Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is measured initially at cost, including directly attributable expenditure such as advisory costs, notary costs, transfer taxes and borrowing costs. After initial recognition, investment property is carried at fair value determined annually 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. Changes in fair value are recognised in the Statement of Comprehensive Income. Investment property is derecognised when it has been disposed of or when the investment property is permanently withdrawn from use and no future economic benefit is expected from its disposal. Gains and losses on disposal of the investment property is recognised in the Statement of Comprehensive Income in the year of disposal.
| 2.7 | Valuation of investments
Fixed asset investments are measured at cost less accumulated impairment.
| 2.8 | Debtors
Short term debtors are measured at transaction price, less any impairment.
| 2.9 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.10 | Creditors
Short term creditors are measured at the transaction price.
| 2.11 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
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HERA PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
4. | Fixed asset investments
|  | Other fixed asset investments
|  | £
| Cost |
| At 1 May 2024 | 41,653
| At 30 April 2025 | 41,653
| Net book value |
| At 30 April 2025 | 41,653
| At 30 April 2024 | 41,653
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 May 2024 | 3,500,000
| At 30 April 2025 | 3,500,000
The 2025 valuations were made by the director, on an open market value for existing use basis.
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HERA PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 57,823 | 21,321
| Other debtors | 52,028 | 162,756
| Prepayments | 72,366 | 8,215
| Tax recoverable | 17,559 | -
|  | 199,776 | 192,292
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 53,497 | -
| Amounts owed to other participating interests | 3,116 | 3,583
| Corporation tax | 57,379 | 61,090
| Other taxation and social security | 12,185 | 27,685
| Other creditors | 64,556 | 58,705
| Accruals | 37,359 | 59,979
|  | 228,092 | 211,042
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HERA PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
8. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (143,823) | (143,552)
| Charged to profit or loss | (223) | (271)
| At end of year | (144,046) | (143,823)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fixed asset timing differences | (144,046) | (143,823)
9. | Related party transactions
| During the year ended 30 April 2025, the Company made net advances to a company related by virtue of common ownership totalling £467 (2024: £250,363). At the year end, the Company owed £3,116 (2024: £3,583) to the related company. Also during the year ended 30 April 2025, the Company received net payments from the director totalling £107,543 (2024: £147,636 company net advances). At the year end, the Company owed £16,904 (2024: £90,639 owed to the company) to the director.
10. | Controlling party
The Company’s immediate parent undertaking is Hera Group Limited. The ultimate controlling party is C M Owen.
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