Caseware UK (AP4) 2024.0.164 2024.0.164 2025-08-31 2025-08-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-08-23 false 1 false No description of principal activity true true 15914894 2024-08-22 15914894 2024-08-23 2025-08-31 15914894 2023-08-23 2024-08-22 15914894 2025-08-31 15914894 c:Director1 2024-08-23 2025-08-31 15914894 d:FreeholdInvestmentProperty 2024-08-23 2025-08-31 15914894 d:FreeholdInvestmentProperty 2025-08-31 15914894 d:CurrentFinancialInstruments 2025-08-31 15914894 d:Non-currentFinancialInstruments 2025-08-31 15914894 d:CurrentFinancialInstruments d:WithinOneYear 2025-08-31 15914894 d:Non-currentFinancialInstruments d:AfterOneYear 2025-08-31 15914894 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-08-31 15914894 d:ShareCapital 2025-08-31 15914894 d:RetainedEarningsAccumulatedLosses 2025-08-31 15914894 c:OrdinaryShareClass1 2024-08-23 2025-08-31 15914894 c:OrdinaryShareClass1 2025-08-31 15914894 c:FRS102 2024-08-23 2025-08-31 15914894 c:AuditExempt-NoAccountantsReport 2024-08-23 2025-08-31 15914894 c:FullAccounts 2024-08-23 2025-08-31 15914894 c:PrivateLimitedCompanyLtd 2024-08-23 2025-08-31 15914894 2 2024-08-23 2025-08-31 15914894 e:PoundSterling 2024-08-23 2025-08-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 15914894 SBOC CAPITAL LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 AUGUST 2025
SBOC CAPITAL LIMITED REGISTERED NUMBER: 15914894 BALANCE SHEET AS AT 31 AUGUST 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Investment property | 4 |  | 284,014
|  |  | 284,014
Current assets |  |  |
Debtors: amounts falling due within one year | 5 | 3,161 |
Cash at bank and in hand |  | 3,708 |
|  | 6,869 |
Creditors: amounts falling due within one year | 6 | (141,340) |
Net current (liabilities)/assets |  |  | (134,471)
Total assets less current liabilities |  |  | 149,543
Creditors: amounts falling due after more than one year | 7 |  | (154,550)
Net (liabilities)/assets |  |  | (5,007)
Capital and reserves |  |  |
Called up share capital | 9 |  | 100
Profit and loss account |  |  | (5,107)
|  |  | (5,007)
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SBOC CAPITAL LIMITED REGISTERED NUMBER: 15914894 BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 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 period 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 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 on 16 April 2026.
S J Chapman
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
SBOC CAPITAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025
1. | General information
The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 13896101. The Company's registered office is 71 Francis Road, Edgbaston, Birmingham, B16 8SP. The company was incorporated on 23 August 2024 and these accounts cover the period from incorporation to 31 August 2025. The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1. 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 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 company made a loss in the initial period due to start up costs but is expected to become profit making in the future. The company is being supported by the director and shareholders and as such the director considers it appropriate to prepare the accounts on a going concern basis.
| 2.3 | 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 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 revenue is recognised: Rental of property Turnover from the rental of property is recognised when all the following conditions are satisfied: - the amount of turnover can be measured reliably; - it is probable that the Company will receive consideration due for the rental of properties; - the period of rent can be measured reliably; and - the costs incurred or to be incurred in respect of the transaction can be measured reliably.
| 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. Page 3
SBOC CAPITAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
| 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 | Debtors
Short-term 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
Short-term 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.
| 2.11 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is Page 4
SBOC CAPITAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments (continued)
measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments. Impairment of financial assets At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of Page 5
SBOC CAPITAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 2.11 | Financial instruments (continued)
ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
3. | Employees
| The average monthly number of employees, including directors, during the period was 1.
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| Additions at cost | 284,014
| At 31 August 2025 | 284,014
The 2025 valuations were made by the director, on an open market value for existing use basis.
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
5. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Prepayments and accrued income | 3,161
|  | 3,161
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SBOC CAPITAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Other creditors | 141,340
|  | 141,340
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025
|  |  |  |  | £
| Bank loans | 154,550
|  | 154,550
| The following liabilities were secured:
|  |  |  |  | 2025
|  |  |  |  | £
| Bank loans | 154,550
|  | 154,550
| Details of security provided:
Bank loans of £154,550 are secured by fixed charges held by Paragon Bank PLC over the freehold property held within investment properties.
| The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:
|  |  |  |  | 2025
|  |  |  |  | £
| Repayable other than by instalments | 154,550
|  | 154,550
The loan is an interest only loan which is due to be repaid 25 years from the loan draw down in January 2025. Interest is fixed for the first two years and is charged at 4.60% per annum. Page 7
SBOC CAPITAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025
8. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025
|  |  |  |  | £
| Amounts falling due after more than 5 years |
| Bank loans | 154,550
|  | 154,550
|  | 154,550
9. | Share capital
|  |  |  |  | 2025
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 100 Ordinary shares of £1.00 each | 100
100 Ordinary shares of £1.00 each were allotted on incorporation at par value.
10. | Related party transactions
| During the period the company received a loan from the directors and shareholders and the balance outstanding as at 31 August 2025 was £141,340.
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