Caseware UK (AP4) 2024.0.164 2024.0.164 2025-09-30 2025-09-30 false false 2024-10-01 2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14377571 2024-10-01 2025-09-30 14377571 2023-10-01 2024-09-30 14377571 2025-09-30 14377571 2024-09-30 14377571 c:Director1 2024-10-01 2025-09-30 14377571 c:Director2 2024-10-01 2025-09-30 14377571 c:RegisteredOffice 2024-10-01 2025-09-30 14377571 d:FurnitureFittings 2024-10-01 2025-09-30 14377571 d:FurnitureFittings 2025-09-30 14377571 d:FurnitureFittings 2024-09-30 14377571 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 14377571 d:FreeholdInvestmentProperty 2025-09-30 14377571 d:FreeholdInvestmentProperty 2024-09-30 14377571 d:CurrentFinancialInstruments 2025-09-30 14377571 d:CurrentFinancialInstruments 2024-09-30 14377571 d:Non-currentFinancialInstruments 2025-09-30 14377571 d:Non-currentFinancialInstruments 2024-09-30 14377571 d:CurrentFinancialInstruments d:WithinOneYear 2025-09-30 14377571 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 14377571 d:Non-currentFinancialInstruments d:AfterOneYear 2025-09-30 14377571 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 14377571 d:ShareCapital 2025-09-30 14377571 d:ShareCapital 2024-09-30 14377571 d:RetainedEarningsAccumulatedLosses 2024-10-01 2025-09-30 14377571 d:RetainedEarningsAccumulatedLosses 2025-09-30 14377571 d:RetainedEarningsAccumulatedLosses 2023-10-01 2024-09-30 14377571 d:RetainedEarningsAccumulatedLosses 2024-09-30 14377571 d:RetainedEarningsAccumulatedLosses 2023-10-01 14377571 c:OrdinaryShareClass1 2024-10-01 2025-09-30 14377571 c:OrdinaryShareClass1 2025-09-30 14377571 c:OrdinaryShareClass1 2024-09-30 14377571 c:FRS102 2024-10-01 2025-09-30 14377571 c:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 14377571 c:FullAccounts 2024-10-01 2025-09-30 14377571 c:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 14377571 2 2024-10-01 2025-09-30 14377571 e:PoundSterling 2024-10-01 2025-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14377571 THAMES CITY N9F LTD UNAUDITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 SEPTEMBER 2025
THAMES CITY N9F LTD CONTENTS
| Page
Company information | 1
Directors' report | 2
Statement of income and retained earnings | 3
Balance sheet | 4 - 5
Notes to the financial statements | 6 - 10
THAMES CITY N9F LTD COMPANY INFORMATION
Directors | Kan Sum LAU
| Ka Wing Karen LI
Registered number | 14377571
Registered office | 124 Finchley Road
| London
| NW3 5JS
Accountants | Nyman Libson Paul LLP
| Chartered Accountants
| 124 Finchley Road
| London
| NW3 5JS
Page 1
THAMES CITY N9F LTD DIRECTORS' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The directors present their report and the financial statements for the year ended 30 September 2025.
Principal activity
The principal activity of the Company is property investment.
Results and dividends
The profit for the year, after taxation, amounted to £140,458 (2024 - £124,219). There were no dividends paid in the period under review.
Directors
The directors who served during the year were:
Kan Sum LAU
Ka Wing Karen LI
Future developments
There are no significant future developments to report as of the date this report was approved by the director. The Company is expected to continue trading as historically observed.
Company's policy for payment of creditors
The Company does not follow any specific code nor standard practice on the payment of creditors. The Company's policy is tailored to its individual business requirements and to adhere to those agreed terms and conditions ensuring timely payment.
Post balance sheet events
There have been no significant events affecting the Company since the year end.
Small companies note
In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. This report was approved by the board and signed on its behalf.
................................................ Kan Sum LAU Director
Date: 14 April 2026
Page 2
THAMES CITY N9F LTD STATEMENT OF INCOME AND RETAINED EARNINGS FOR THE YEAR ENDED 30 SEPTEMBER 2025
| 2025 | 2024
| £ | £
Turnover |  | 450,741 | 443,391
Cost of sales |  | (252,229) | (270,841)
Gross profit |  | 198,512 | 172,550
Administrative expenses |  | (17,216) | (8,395)
Other interest received |  | 5,219 | 35
Operating profit |  | 186,515 | 164,190
Tax on profit |  | (46,057) | (39,971)
Profit after tax |  | 140,458 | 124,219
Retained earnings at the beginning of the year |  | 183,149 | 58,930
|  | 183,149 | 58,930
Profit for the year |  | 140,458 | 124,219
Retained earnings at the end of the year |  | 323,607 | 183,149
The notes on pages 6 to 10 form part of these financial statements.
Page 3
THAMES CITY N9F LTD REGISTERED NUMBER: 14377571 BALANCE SHEET AS AT 30 SEPTEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible Fixed Assets | 4 |  | 2,077 |  | 3,513
Investment Properties | 5 |  | 13,281,554 |  | 13,281,554
|  |  | 13,283,631 |  | 13,285,067
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 53,933 |  | 116,244 |
Cash at bank and in hand | 7 | 533,611 |  | 461,284 |
|  | 587,544 |  | 577,528 |
Current liabilities |  |  |  |  |
Creditors: Amounts Falling Due Within One Year | 8 | (6,881,580) |  | (13,679,346) |
Net current liabilities |  |  | (6,294,036) |  | (13,101,818)
Total assets less current liabilities |  |  | 6,989,595 |  | 183,249
Creditors: amounts falling due after more than one year | 9 |  | (6,665,888) |  | -
Net assets |  |  | 323,707 |  | 183,249
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Profit and loss account |  |  | 323,607 |  | 183,149
|  |  | 323,707 |  | 183,249
Page 4
THAMES CITY N9F LTD REGISTERED NUMBER: 14377571 BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 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 financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................ Kan Sum LAU
Director
Date: 14 April 2026
The notes on pages 6 to 10 form part of these financial statements. Page 5
THAMES CITY N9F LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
1. | General information
Thames City N9F Ltd is a private company limited by shares registered in England and Wales. The address of the Company's registered office is 124 Finchley Road, London, United Kingdom, NW3 5JS. 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 directors, having reviewed the Company's financial performance and position up to the date these financial statements were approved, are of the opinion that the Company has available at its disposal, adequate financial resources to continue in operational existence for the foreseeable future. While there will always remain inherent uncertainty, the directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern and therefore consider it both appropriate to continue to adopt the going concern basis in preparing the Company's financial statements and to not recognise any adjustments in the financial statements that would arise if the going concern basis were to become no longer appropriate.
| 2.3 | Revenue
Revenue comprises turnover recognised by the Company in respect of rental income receivable during the year with amounts recognised in accordance with the underlying contractual arrangement on a straight line basis over the term of occupancy and is measured at the fair value of the consideration receivable.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | 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.
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 6
THAMES CITY N9F LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2.Accounting policies (continued)
| 2.7 | Taxation
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.
| 2.8 | 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:
|  |  |  | Fixtures and fittings | - | 33% |
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 profit or loss.
| 2.9 | Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. After initial recognition, investment properties are carried at fair value derived from current market rent and investment property yields for comparable real estate; adjusted, where considered necessary, for differences in either the nature, location and/or condition of the specific real estate asset. No depreciation is provided against investment properties with changes in fair value recognised through profit or loss. In accordance with Financial Reporting Standard 102, the fair value assessment is conducted annually by the directors.
| 2.10 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Page 7
THAMES CITY N9F LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2.Accounting policies (continued)
| 2.11 | 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.
| 2.12 | Creditors
Short-term creditors are measured at the transaction price.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Tangible fixed assets
|  | Fixtures and fittings
|  | £
| Cost or valuation |
| At 1 October 2024 | 4,310
| At 30 September 2025 | 4,310
| Depreciation |
| At 1 October 2024 | 797
| Charge for the period | 1,436
| At 30 September 2025 | 2,233
| Net book value |
| At 30 September 2025 | 2,077
Page 8
THAMES CITY N9F LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
5. | Investment properties
|  | Leasehold Investment properties
|  | £
| Valuation |
| At 1 October 2024 | 13,281,554
| At 30 September 2025 | 13,281,554
The 2025 valuations were made by directors, on an open market value for existing use basis.
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 37,041 | 74,968
| Prepayments and accrued income | 16,892 | 41,276
|  | 53,933 | 116,244
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 533,611 | 461,284
|  | 533,611 | 461,284
Page 9
THAMES CITY N9F LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax | 43,578 | 37,687
| Other creditors | 6,782,702 | 13,443,862
| Accruals and deferred income | 55,300 | 197,797
|  | 6,881,580 | 13,679,346
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | 6,665,888 | -
|  | 6,665,888 | -
There is non-interest bearing loan of £6,665,888 (2024: £6,665,938) due to Ms Mei Hing CHAK. The loan is interest-free, unsecure, and repayable on demand.
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
11. | Related party transactions
| There is non-interest bearing loan of £6,665,937 (2024: £6,665,938) due to the shareholder, Ms Ka Wing Karen LI. The loan is interest-free, unsecure, and repayable on demand.
12. | Controlling party
The ultimate controlling party during the period were Mr Kan Sum LAU and Ms Ka Wing Karen LI. Page 10
THAMES CITY N9F LTD
Page 11