REGISTERED NUMBER: 14469999 (England and Wales)

Unaudited Financial Statements

for the Period 1 December 2024 to 31 December 2025

for

CASO Property Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Dr C D Barley

Dr A G Barley

REGISTERED OFFICE:

41 Sydenham Villas Road

Cheltenham

Gloucestershire

GL52 6EE

REGISTERED NUMBER:

14469999 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Investment property

4

798,976

798,976

CREDITORS

Amounts falling due within one year

5

69,797

65,852

NET CURRENT LIABILITIES

(69,797

)

(65,852

)

TOTAL ASSETS LESS CURRENT LIABILITIES

729,179

733,124

CREDITORS

Amounts falling due after more than one year

6

721,932

734,030

NET ASSETS/(LIABILITIES)

7,247

(906

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,147

(1,006

)

7,247

(906

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

Dr C D Barley - Director

Dr A G Barley - Director

1.	STATUTORY INFORMATION

CASO Property Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents rental income due for the accounting period from the investment property.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

Despite net current liabilities of £69,797 (2024 - £65,852) at 31 December 2025, the financial statements have been prepared on a going concern basis. The directors have reviewed the future cash flows of the business and have expressed their intention to financially support the company for the foreseeable future, deeming the going concern basis of preparation to be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 December 2024

and 31 December 2025

798,976

Net book value

At 31 December 2025

798,976

At 30 November 2024

798,976

The above fair value of the investment property represents the property cost. The directors have reviewed the local property market and considered the property valuation undertaken upon purchase and determined that the fair value of the property at 31 December 2025 is in line with the property cost and associated purchase fees. As such, there is no increase or decrease in the fair value during the year.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

30/11/24

£

£

Bank loans and overdrafts

11,147

10,373

Trade creditors

190

-

Taxation and social security

1,733

-

Other creditors

56,727

55,479

69,797

65,852

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

30/11/24

£

£

Bank loans

721,932

734,030

7.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/25

30/11/24

£

£

Bank loans

733,079

744,403

The bank loan is secured by way of fixed and floating charges over the company's investment property.

8.	RELATED PARTY DISCLOSURES

Regency Dental Practice (Cheltenham) Ltd

A company controlled by the directors

The company leases the investment property to Regency Dental Practice (Cheltenham) Ltd. During the period, rent of £65,096 (2024 - £37,151) was charged.

At 31 December 2025, the company owed £4,419 (2024 - £3,232) to Regency Dental Practice (Cheltenham) Ltd. The balance outstanding, included within other creditors, is interest free with no fixed repayment terms.

Dr C D Barley & Dr A G Barley

Directors

The directors have loaned funds to the company to assist with the purchase of the investment property. At 31 December 2025, the company owed the directors £51,686 (2024 - £51,348). The loan is interest free with no fixed repayment terms.