Caseware UK (AP4) 2025.0.111 2025.0.111 2025-08-31 2026-05-21 2025-08-31 2026-05-21 false false 2024-09-01 false 5 5 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 9847905 2024-09-01 2025-08-31 9847905 2023-09-01 2024-08-31 9847905 2025-08-31 9847905 2024-08-31 9847905 2023-09-01 9847905 c:CompanySecretary1 2024-09-01 2025-08-31 9847905 c:Director1 2024-09-01 2025-08-31 9847905 c:Director2 2024-09-01 2025-08-31 9847905 c:Director3 2024-09-01 2025-08-31 9847905 c:Director4 2024-09-01 2025-08-31 9847905 c:Director5 2024-09-01 2025-08-31 9847905 c:Director6 2024-09-01 2025-08-31 9847905 c:RegisteredOffice 2024-09-01 2025-08-31 9847905 d:CurrentFinancialInstruments 2025-08-31 9847905 d:CurrentFinancialInstruments 2024-08-31 9847905 d:CurrentFinancialInstruments d:WithinOneYear 2025-08-31 9847905 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 9847905 d:ShareCapital 2024-09-01 2025-08-31 9847905 d:ShareCapital 2025-08-31 9847905 d:ShareCapital 2023-09-01 2024-08-31 9847905 d:ShareCapital 2024-08-31 9847905 d:ShareCapital 2023-09-01 9847905 d:RetainedEarningsAccumulatedLosses 2024-09-01 2025-08-31 9847905 d:RetainedEarningsAccumulatedLosses 2025-08-31 9847905 d:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 9847905 d:RetainedEarningsAccumulatedLosses 2024-08-31 9847905 d:RetainedEarningsAccumulatedLosses 2023-09-01 9847905 c:FRS102 2024-09-01 2025-08-31 9847905 c:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 9847905 c:FullAccounts 2024-09-01 2025-08-31 9847905 c:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 9847905 2 2024-09-01 2025-08-31 9847905 e:PoundSterling 2024-09-01 2025-08-31 iso4217:GBP xbrli:pure

Registered number: 9847905 P CAR PROPERTIES LIMITED UNAUDITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
P CAR PROPERTIES LIMITED COMPANY INFORMATION
DIRECTORS | Mark Pears
| Sir Trevor Pears CMG
| David Pears
| John Keenan
| David Simpson
| WPG Registrars Limited
COMPANY SECRETARY | William Bennett
REGISTERED NUMBER | 9847905
REGISTERED OFFICE | 3 Coach House Yard
| Hampstead High Street
| London
| NW3 1QF
P CAR PROPERTIES LIMITED CONTENTS
| Page
Directors' report | 1
Statement of comprehensive income | 2
Statement of financial position | 3
Statement of changes in equity | 4
Notes to the financial statements | 5 - 9
P CAR PROPERTIES LIMITED DIRECTORS' REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The directors present their report and the financial statements for the year ended 31 August 2025.
PRINCIPAL ACTIVITY
The principal activity of the company is property dealing.
DIRECTORS
The directors who served during the year were:
Mark Pears
Sir Trevor Pears CMG
David Pears
John Keenan
David Simpson
WPG Registrars Limited
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.
William Bennett Secretary
Date: 21 May 2026
Page 1
P CAR PROPERTIES LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 AUGUST 2025
| 2025 | 2024
Note | £ | £
Cost of sales | 3 | (25,812) | (15,596)
GROSS LOSS | 3 | (25,812) | (15,596)
Administrative expenses |  | (2,070) | -
OPERATING LOSS |  | (27,882) | (15,596)
Interest receivable and similar income |  | 158 | 533
LOSS BEFORE TAX |  | (27,724) | (15,063)
Tax on loss | 5 | - | -
LOSS FOR THE FINANCIAL YEAR |  | (27,724) | (15,063)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |  | (27,724) | (15,063)
The notes on pages 5 to 9 form part of these financial statements.
Page 2
P CAR PROPERTIES LIMITED REGISTERED NUMBER: 9847905 STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 28,377 |  | 40,120 |
Cash at bank and in hand |  | 3,751 |  | 1,027 |
|  | 32,128 |  | 41,147 |
Creditors: amounts falling due within one year | 7 | (364,868) |  | (346,163) |
NET CURRENT LIABILITIES |  |  | (332,740) |  | (305,016)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (332,740) |  | (305,016)
NET LIABILITIES |  |  | (332,740) |  | (305,016)
CAPITAL AND RESERVES |  |  |  |  |
Called up share capital |  |  | 1,000 |  | 1,000
Profit and loss account |  |  | (333,740) |  | (306,016)
EQUITY DEFICIT |  |  | (332,740) |  | (305,016)
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 were approved and authorised for issue by the board and were signed on its behalf by:
David Pears | David Simpson
Director | Director
Date: 21 May 2026 |
The notes on pages 5 to 9 form part of these financial statements. Page 3
P CAR PROPERTIES LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 AUGUST 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 September 2024 | 1,000 | (306,016) | (305,016)
COMPREHENSIVE INCOME FOR THE YEAR |  |  |
Loss for the year | - | (27,724) | (27,724)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR | - | (27,724) | (27,724)
AT 31 AUGUST 2025 | 1,000 | (333,740) | (332,740)
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 AUGUST 2024
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 September 2023 | 1,000 | (290,953) | (289,953)
COMPREHENSIVE INCOME FOR THE YEAR |  |  |
Loss for the year | - | (15,063) | (15,063)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR | - | (15,063) | (15,063)
AT 31 AUGUST 2024 | 1,000 | (306,016) | (305,016)
| The notes on pages 5 to 9 form part of these financial statements.
Page 4
P CAR PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. | GENERAL INFORMATION
P Car Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Coach House Yard, Hampstead High Street, London, NW3 1QF. The principal place of business is Haskell House, 152 West End Lane, London, NW6 1SD. 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 other than where additional disclosure is required to show a true and fair view. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The company's functional and presentational currency is GBP and rounded to the nearest £1. The following principal accounting policies have been applied:
| 2.2 | GOING CONCERN
The financial statements have been prepared on a basis other than going concern as the company sold its property stock on 19 August 2022.
| 2.3 | PROPERTY TRANSACTIONS
Purchases and sales of properties are included on the basis of completions occurring during the year.
| 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 | 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 reporting date in the countries where the Company operates and generates income.
| 2.7 | 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 5
P CAR PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | 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. Financial instruments are recognised in the Company's Statement of Financial Position 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 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. 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. Page 6
P CAR PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.10 | FINANCIAL INSTRUMENTS (CONTINUED)
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 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. | ANALYSIS OF TURNOVER AND COST OF SALES
|  | Turnover 2025 | Turnover 2024 | Cost of sales 2025 | Cost of sales 2024 | Gross loss 2025 | Gross loss 2024
|  | £ | £ | £ | £ | £ | £
| Sales of trading stock properties | - | - | (25,812) | (15,596) | (25,812) | (15,596)
| Rental income | - | - | - | - | - | -
| Total | - | - | (25,812) | (15,596) | (25,812) | (15,596)
Page 7
P CAR PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
4. | EMPLOYEES
| The average monthly number of employees, including the directors, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Directors | 5 | 5
5. | TAXATION
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| TOTAL CURRENT TAX | - | -
| FACTORS AFFECTING TAX CHARGE FOR THE YEAR
| The tax assessed for the year is higher than (2024 -higher than) the standard rate of corporation tax in the UK of 25% (2024 -25%). The differences are explained below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Loss on ordinary activities before tax | (27,724) | (15,063)
| Loss on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2024 -25%) | (6,931) | (3,766)
| EFFECTS OF: |  |
| Unrelieved tax losses carried forward | 6,931 | 3,766
| TOTAL TAX CHARGE FOR THE YEAR | - | -
| FACTORS THAT MAY AFFECT FUTURE TAX CHARGES
There were no factors that may affect future tax charges.
6. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 28,377 | 40,000
| Other debtors | - | 120
|  | 28,377 | 40,120
Page 8
P CAR PROPERTIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | 350,679 | 330,679
| Trade creditors | - | 15,484
| Accruals and deferred income | 14,189 | -
|  | 364,868 | 346,163
8. | RELATED PARTY TRANSACTIONS
| The directors were related parties during the period due to their interests and directorships. Creditors include amounts due to related parties:
|  | 2025 | 2024
|  | £ | £
| WPG Finance Limited (Interest of Mark Pears, Sir Trevor Pears CMG And David Pears) | 178,120 | 178,120
| WPG Treasury Limited (Interest of Mark Pears, Sir Trevor Pears CMG And David Pears) | 101,229 | 81,229
| Medway Property Developments Limited (Interest of John Keenan and David Simpson) | 71,330 | 71,330
9. | CONTROLLING PARTY
The company's immediate and ultimate holding company is Pears Property Ventures Limited, a company incorporated in England. The registered office is 12th Floor Aldgate Tower, 2 Leman Street, London, E1W 9US.
Page 9