Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 false 2 false 2025-01-01 No description of principal activity 2 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06080296 2025-01-01 2025-12-31 06080296 2024-01-01 2024-12-31 06080296 2025-12-31 06080296 2024-12-31 06080296 2024-01-01 06080296 c:Director1 2025-01-01 2025-12-31 06080296 d:FreeholdInvestmentProperty 2025-12-31 06080296 d:FreeholdInvestmentProperty 2024-12-31 06080296 d:CurrentFinancialInstruments 2025-12-31 06080296 d:CurrentFinancialInstruments 2024-12-31 06080296 d:Non-currentFinancialInstruments 2025-12-31 06080296 d:Non-currentFinancialInstruments 2024-12-31 06080296 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 06080296 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 06080296 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 06080296 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 06080296 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-12-31 06080296 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 06080296 d:ShareCapital 2025-12-31 06080296 d:ShareCapital 2024-12-31 06080296 d:InvestmentPropertiesRevaluationReserve 2025-12-31 06080296 d:InvestmentPropertiesRevaluationReserve 2024-12-31 06080296 d:RetainedEarningsAccumulatedLosses 2025-12-31 06080296 d:RetainedEarningsAccumulatedLosses 2024-12-31 06080296 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 06080296 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 06080296 c:OrdinaryShareClass1 2025-01-01 2025-12-31 06080296 c:OrdinaryShareClass1 2025-12-31 06080296 c:FRS102 2025-01-01 2025-12-31 06080296 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 06080296 c:FullAccounts 2025-01-01 2025-12-31 06080296 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06080296 2 2025-01-01 2025-12-31 06080296 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 06080296 CASEYS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
CASEYS LIMITED REGISTERED NUMBER: 06080296 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note | £ | £ | £ | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 6,000,000 |  | 6,000,000
|  |  | 6,000,000 |  | 6,000,000
Current assets |  |  |  |  |
Debtors: amounts falling due after more than one year | 5 | 2,992,938 |  | 2,989,957 |
Debtors: amounts falling due within one year | 5 | 718,104 |  | 521,869 |
Cash at bank and in hand | 6 | 114,502 |  | 65,876 |
|  | 3,825,544 |  | 3,577,702 |
Creditors: amounts falling due within one year | 7 | (108,200) |  | (82,349) |
Net current assets |  |  | 3,717,344 |  | 3,495,353
Total assets less current liabilities |  |  | 9,717,344 |  | 9,495,353
Creditors: amounts falling due after more than one year | 8 |  | (3,000,000) |  | (3,000,000)
Provisions for liabilities |  |  |  |  |
Deferred tax |  |  | (979,669) |  | (979,669)
Net assets |  |  | 5,737,675 |  | 5,515,684
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 560 |  | 560
Investment property reserve |  |  | 3,456,601 |  | 3,456,601
Profit and loss account |  |  | 2,280,514 |  | 2,058,523
|  |  | 5,737,675 |  | 5,515,684
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CASEYS LIMITED REGISTERED NUMBER: 06080296 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 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 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 on 31 March 2026.
S P Roue
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
CASEYS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Caseys Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 316-318 Latimer Road, London, W10 6QN. The principal activity of the company during the period was that of property investment. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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
Turnover comprises rent receivable and is recognised to the extent that it is probable that the economic benefits will flow to the company and can be reliably measured. Turnover is measured as the fair value of the consideration received excluding value added tax.
| 2.3 | Interest income
Interest income is recognised in the Statement of comprehensive income using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to the Statement of comprehensive income 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.
| 2.5 | Borrowing costs
All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred. Page 3
CASEYS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.6 | 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.
| 2.7 | Investment property
Investment properties are properties held to earn rent and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of the investment properties are included in the Statement of comprehensive income in the year in which they arise.
| 2.8 | Debtors
Debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.9 | 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.
| 2.10 | Creditors
Creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 4
CASEYS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
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 January 2025 | 6,000,000
| At 31 December 2025 | 6,000,000
The 2025 valuations were made by the directors, who are not property professionals, on an open market value basis.
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Amounts owed by group undertakings | 2,992,938 | 2,989,957
|  | 2,992,938 | 2,989,957
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due within one year |  |
| Amounts owed by group undertakings | 716,710 | 520,750
| Prepayments and accrued income | 1,394 | 1,119
|  | 718,104 | 521,869
Page 5
CASEYS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 114,502 | 65,876
|  | 114,502 | 65,876
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 180 | -
| Corporation tax | 22,366 | -
| Other taxation and social security | 30,300 | 27,674
| Other creditors | 35,000 | 35,000
| Accruals and deferred income | 20,354 | 19,675
|  | 108,200 | 82,349
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 3,000,000 | 3,000,000
| The bank loan is secured by a fixed and floating charge against all assets of the company and a personal guarantee provided by one of the directors limited to £250,000.
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due 2-5 years |  |
| Bank loans | 3,000,000 | 3,000,000
|  | 3,000,000 | 3,000,000
Page 6
CASEYS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
10. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | 979,669 | 1,167,169
| Credited to the Statement of comprehensive income | - | (187,500)
| At end of year | 979,669 | 979,669
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Potential capital gains tax | 979,669 | 979,669
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 560 Ordinary shares of £1 each | 560 | 560
12. | Related party transactions
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
13. | Ultimate parent undertaking and controlling party
The immediate and ultimate parent undertaking is 316 Latimer Ltd, a company incorporated in England and Wales. The ultimate controlling party of the company is S P Roue by virtue of his majority shareholding in the ultimate parent undertaking.
Page 7