Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 No description of principal activity 0 0 2025-07-01 false true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false OC442563 2025-07-01 2025-12-31 OC442563 2024-07-01 2025-06-30 OC442563 2025-12-31 OC442563 2025-06-30 OC442563 c:CurrentFinancialInstruments 2025-12-31 OC442563 c:CurrentFinancialInstruments 2025-06-30 OC442563 c:Non-currentFinancialInstruments 2025-12-31 OC442563 c:Non-currentFinancialInstruments 2025-06-30 OC442563 c:CurrentFinancialInstruments c:WithinOneYear 2025-12-31 OC442563 c:CurrentFinancialInstruments c:WithinOneYear 2025-06-30 OC442563 c:Non-currentFinancialInstruments c:AfterOneYear 2025-12-31 OC442563 c:Non-currentFinancialInstruments c:AfterOneYear 2025-06-30 OC442563 d:FRS102 2025-07-01 2025-12-31 OC442563 d:AuditExempt-NoAccountantsReport 2025-07-01 2025-12-31 OC442563 d:FullAccounts 2025-07-01 2025-12-31 OC442563 d:LimitedLiabilityPartnershipLLP 2025-07-01 2025-12-31 OC442563 2 2025-07-01 2025-12-31 OC442563 6 2025-07-01 2025-12-31 OC442563 d:PartnerLLP1 2025-07-01 2025-12-31 OC442563 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-12-31 OC442563 c:OtherCapitalInstrumentsClassifiedAsEquity 2025-06-30 OC442563 c:FurtherSpecificReserve3ComponentTotalEquity 2025-12-31 OC442563 c:FurtherSpecificReserve3ComponentTotalEquity 2025-06-30 OC442563 e:USDollar 2025-07-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: OC442563 ELCANO INVESTMENTS LLP UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 DECEMBER 2025
ELCANO INVESTMENTS LLP REGISTERED NUMBER: OC442563 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 31 December |  | 30 June
|  | 2025 |  | 2025
Note |  | $ |  | $
Fixed assets |  |  |  |  |
Investments | 3 |  | 2,941,762 |  | 2,606,964
|  |  | 2,941,762 |  | 2,606,964
Debtors: amounts falling due within one year | 4 | 258,387 |  | 142,452 |
Cash at bank and in hand | 5 | 111,151 |  | 4,199 |
|  | 369,538 |  | 146,651 |
Creditors: Amounts Falling Due Within One Year | 6 | (7,357) |  | (4,765) |
Net current assets |  |  | 362,181 |  | 141,886
Total assets less current liabilities |  |  | 3,303,943 |  | 2,748,850
Creditors: amounts falling due after more than one year | 7 |  | (150,000) |  | (170,000)
|  |  | 3,153,943 |  | 2,578,850
Net assets |  |  | 3,153,943 |  | 2,578,850
Represented by: |  |  |  |  |
Loans and other debts due to members within one year |  |  |  |  |
Other amounts |  |  | 562,211 |  | 335,118
|  |  | 562,211 |  | 335,118
Members' other interests |  |  |  |  |
Members' capital classified as equity |  | 2,591,732 |  | 2,243,732 |
|  |  | 2,591,732 |  | 2,243,732
|  |  | 3,153,943 |  | 2,578,850
Total members' interests |  |  |  |  |
Loans and other debts due to members |  |  | 562,211 |  | 335,118
Members' other interests |  |  | 2,591,732 |  | 2,243,732
|  |  | 3,153,943 |  | 2,578,850
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ELCANO INVESTMENTS LLP REGISTERED NUMBER: OC442563 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 2025 The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime. The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements. The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime. The financial statements were approved and authorised for issue by the members and were signed on their behalf by:
Jose Ramon Dominguez Aboitiz
Designated member
Date: 17 April 2026
The notes on pages 3 to 5 form part of these financial statements. Elcano Investments LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity. Page 2
ELCANO INVESTMENTS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
1. | General information
Elcano Investments LLP is a limited liability partnership incorporated in England. The registered office is 101 New Cavendish Street, 1st Floor South, London, England, United Kingdom, W1W 6XH. The financial statements are presented in USD, which is the functional currency of the LLP. 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 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.3 | 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.
| 2.4 | Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.
| 2.5 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted LLP shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.6 | 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. Page 3
ELCANO INVESTMENTS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | 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.
3. | Fixed asset investments
|  | Listed investments | Unlisted investments | Total
|  | $ | $ | $
| Cost or valuation |  |  |
| At 1 July 2025 | 2,421,965 | 185,000 | 2,606,965
| Additions | 665,048 | - | 665,048
| Disposals | (465,225) | - | (465,225)
| Revaluations | 194,974 | - | 194,974
| Other movements | - | (60,000) | (60,000)
| At 31 December 2025 | 2,816,762 | 125,000 | 2,941,762
4. | Debtors
|  |  |  |  | 31 December | 30 June
|  |  |  |  | 2025 | 2025
|  |  |  |  | $ | $
| Other debtors | 258,387 | 142,452
|  | 258,387 | 142,452
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ELCANO INVESTMENTS LLP NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
5. | Cash and cash equivalents
|  |  |  |  | 31 December | 30 June
|  |  |  |  | 2025 | 2025
|  |  |  |  | $ | $
| Cash at bank and in hand | 111,151 | 4,199
|  | 111,151 | 4,199
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 31 December | 30 June
|  |  |  |  | 2025 | 2025
|  |  |  |  | $ | $
| Accruals and deferred income | 7,357 | 4,765
|  | 7,357 | 4,765
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 31 December | 30 June
|  |  |  |  | 2025 | 2025
|  |  |  |  | $ | $
| Bank loans | 150,000 | 170,000
|  | 150,000 | 170,000
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