Caseware UK (AP4) 2025.0.111 2025.0.111 2025-10-31 2026-05-25 2025-10-31 2026-05-25 false false 19 2024-11-01 false No description of principal activity 19 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09242694 2024-11-01 2025-10-31 09242694 2023-11-01 2024-10-31 09242694 2025-10-31 09242694 2024-10-31 09242694 c:Director1 2024-11-01 2025-10-31 09242694 c:Director2 2024-11-01 2025-10-31 09242694 d:Buildings d:LongLeaseholdAssets 2024-11-01 2025-10-31 09242694 d:Buildings d:LongLeaseholdAssets 2025-10-31 09242694 d:Buildings d:LongLeaseholdAssets 2024-10-31 09242694 d:MotorVehicles 2024-11-01 2025-10-31 09242694 d:MotorVehicles 2025-10-31 09242694 d:MotorVehicles 2024-10-31 09242694 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 09242694 d:FurnitureFittings 2024-11-01 2025-10-31 09242694 d:FurnitureFittings 2025-10-31 09242694 d:FurnitureFittings 2024-10-31 09242694 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 09242694 d:OfficeEquipment 2024-11-01 2025-10-31 09242694 d:OfficeEquipment 2025-10-31 09242694 d:OfficeEquipment 2024-10-31 09242694 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 09242694 d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 09242694 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-10-31 09242694 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-10-31 09242694 d:CurrentFinancialInstruments 2025-10-31 09242694 d:CurrentFinancialInstruments 2024-10-31 09242694 d:Non-currentFinancialInstruments 2025-10-31 09242694 d:Non-currentFinancialInstruments 2024-10-31 09242694 d:CurrentFinancialInstruments d:WithinOneYear 2025-10-31 09242694 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09242694 d:Non-currentFinancialInstruments d:AfterOneYear 2025-10-31 09242694 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 09242694 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-10-31 09242694 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 09242694 d:ShareCapital 2025-10-31 09242694 d:ShareCapital 2024-10-31 09242694 d:SharePremium 2025-10-31 09242694 d:SharePremium 2024-10-31 09242694 d:RetainedEarningsAccumulatedLosses 2025-10-31 09242694 d:RetainedEarningsAccumulatedLosses 2024-10-31 09242694 c:OrdinaryShareClass1 2024-11-01 2025-10-31 09242694 c:OrdinaryShareClass1 2025-10-31 09242694 c:OrdinaryShareClass1 2024-10-31 09242694 c:OrdinaryShareClass2 2024-11-01 2025-10-31 09242694 c:OrdinaryShareClass2 2025-10-31 09242694 c:OrdinaryShareClass2 2024-10-31 09242694 c:OrdinaryShareClass3 2024-11-01 2025-10-31 09242694 c:OrdinaryShareClass3 2025-10-31 09242694 c:OrdinaryShareClass3 2024-10-31 09242694 c:OrdinaryShareClass4 2024-11-01 2025-10-31 09242694 c:OrdinaryShareClass4 2025-10-31 09242694 c:OrdinaryShareClass4 2024-10-31 09242694 c:OrdinaryShareClass5 2024-11-01 2025-10-31 09242694 c:OrdinaryShareClass5 2025-10-31 09242694 c:OrdinaryShareClass5 2024-10-31 09242694 c:FRS102 2024-11-01 2025-10-31 09242694 c:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 09242694 c:AbridgedAccounts 2024-11-01 2025-10-31 09242694 c:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09242694 d:WithinOneYear 2025-10-31 09242694 d:WithinOneYear 2024-10-31 09242694 d:BetweenOneFiveYears 2025-10-31 09242694 d:BetweenOneFiveYears 2024-10-31 09242694 d:AcceleratedTaxDepreciationDeferredTax 2025-10-31 09242694 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 09242694 d:TaxLossesCarry-forwardsDeferredTax 2025-10-31 09242694 d:TaxLossesCarry-forwardsDeferredTax 2024-10-31 09242694 2 2024-11-01 2025-10-31 09242694 e:PoundSterling 2024-11-01 2025-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09242694 BISHOP & MILLER AUCTIONEERS LIMITED UNAUDITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
BISHOP & MILLER AUCTIONEERS LIMITED DIRECTORS' REPORT FOR THE YEAR ENDED 31 OCTOBER 2025 The directors present their report and the financial statements for the year ended 31 October 2025.
Directors' responsibilities statement
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the directors are required to: ∙select suitable accounting policies for the Company's financial statements and then apply them consistently; ∙make judgments and accounting estimates that are reasonable and prudent; ∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who served during the year were:
O Miller
I White
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.
O Miller Director
Date: 25 May 2026
Page 1
BISHOP & MILLER AUCTIONEERS LIMITED REGISTERED NUMBER: 09242694 STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 40,589 |  | 45,852
|  |  | 40,589 |  | 45,852
Current assets |  |  |  |  |
Debtors | 6 | 221,655 |  | 286,556 |
Cash at bank and in hand |  | 197,014 |  | 134,971 |
|  | 418,669 |  | 421,527 |
Creditors: amounts falling due within one year | 7 | (433,967) |  | (503,575) |
Net current liabilities |  |  | (15,298) |  | (82,048)
Total assets less current liabilities |  |  | 25,291 |  | (36,196)
Creditors: amounts falling due after more than one year | 8 |  | - |  | (49,598)
Net assets/(liabilities) |  |  | 25,291 |  | (85,794)
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 95,115 |  | 115
Share premium account |  |  | 14,588 |  | 14,588
Profit and loss account |  |  | (84,412) |  | (100,497)
|  |  | 25,291 |  | (85,794)
Page 2
BISHOP & MILLER AUCTIONEERS LIMITED REGISTERED NUMBER: 09242694 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 OCTOBER 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 income statement 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 by:
O Miller
Director
Date: 25 May 2026
The notes on pages 4 to 12 form part of these financial statements. Page 3
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. | General information
Bishop & Miller Auctioneers Limited is a private company limited by shares and incorporated in England and Wales, registration number 09242694. The registered office is 19 Charles Industrial Estate, Stowmarket, IP14 5AH. 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
| 2.2 | Going concern
The Directors have considered the Company’s position at the time of signing the financial statements, they have considered future trading expectations, the current financial position of the Company. Based on this, the Directors have concluded that they have a reasonable expectation that the Company will have adequate resources to continue in operational existence for at least twelve months from the date of signing these financial statements, they therefore continue to adopt the going concern basis of accounting in preparing these financial statements.
| 2.3 | Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised: Sale of goods Turnover from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of turnover can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Page 4
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 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 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.7 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.8 | 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. Page 5
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.9 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.10 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance methods. Depreciation is provided on the following basis:
|  |  |  | Leasehold improvements | - | 4% straight line
|  |  |  | Motor vehicles | - | 20% reducing balance
|  |  |  | Fixtures & fittings | - | 20% reducing balance
|  |  |  | Office equipment | - | 20% reducing balance
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | 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. Page 6
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 19 (2024 - 19).
4. | Intangible assets
|  | Development expenditure
|  | £
| Cost |
| At 1 November 2024 | 7,438
| At 31 October 2025 | 7,438
| Amortisation |
| At 1 November 2024 | 7,438
| At 31 October 2025 | 7,438
| Net book value |
| At 31 October 2025 | -
| At 31 October 2024 | -
Page 7
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
5. | Tangible fixed assets
|  | Leasehold improvements | Motor vehicles | Fixtures & fittings | Office equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 November 2024 | 9,272 | 12,800 | 54,581 | 11,409 | 88,062
| Additions | - | - | 358 | 3,971 | 4,329
| Disposals | - | - | - | (1,201) | (1,201)
| At 31 October 2025 | 9,272 | 12,800 | 54,939 | 14,179 | 91,190
| Depreciation |  |  |  |  |
| At 1 November 2024 | 3,531 | 8,691 | 26,979 | 3,009 | 42,210
| Charge for the year on owned assets | 369 | 822 | 5,729 | 2,152 | 9,072
| Disposals | - | - | - | (681) | (681)
| At 31 October 2025 | 3,900 | 9,513 | 32,708 | 4,480 | 50,601
| Net book value |  |  |  |  |
| At 31 October 2025 | 5,372 | 3,287 | 22,231 | 9,699 | 40,589
| At 31 October 2024 | 5,741 | 4,109 | 27,602 | 8,400 | 45,852
Page 8
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 160,025 | 238,757
| Other debtors | 20,000 | 1,500
| Prepayments and accrued income | 13,568 | 12,712
| Deferred taxation | 28,062 | 33,587
|  | 221,655 | 286,556
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2023
|  |  |  |  | £ | £
| Bank loans | 9,725 | 10,000
| Trade creditors | 334,247 | 366,737
| Other taxation and social security | 44,633 | 41,470
| Other creditors | 33,537 | 74,717
| Accruals and deferred income | 11,825 | 10,651
|  | 433,967 | 503,575
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 9,599
| Other loans | - | 39,999
|  | - | 49,598
Page 9
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 9,725 | 10,000
|  | 9,725 | 10,000
| Amounts falling due 1-2 years |  |
| Bank loans | - | 9,599
| Other loans | - | 39,999
|  | - | 49,598
|  | 9,725 | 59,598
Page 10
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
10. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 33,587
| Charged to profit or loss | (5,525)
| At end of year | 28,062
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (3,758) | (3,758)
| Tax losses carried forward | 31,820 | 37,345
|  | 28,062 | 33,587
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 95,100 (2024 - 100) A shares of £1.00 each | 95,100 | 100
|  | 1 (2024 - 1) B share of £1.00 | 1 | 1
|  | 1 (2024 - 1) C share of £1.00 | 1 | 1
|  | 1 (2024 - 1) D share of £1.00 | 1 | 1
|  | 2 (2024 - 2) E shares of £1.00 each | 2 | 2
|  | 2 (2024 - 2) F shares of £1.00 each | 2 | 2
|  | 2 (2024 - 2) G shares of £1.00 each | 2 | 2
|  | 2 (2024 - 2) H shares of £1.00 each | 2 | 2
|  | 20 (2024 - 20) K shares of £0.10 each | 2 | 2
|  | 20 (2024 - 20) L shares of £0.10 each | 2 | 2
|  |  | 95,115 | 115
On the 24 October 2025 the company allotted 95,000 A shares for a nominal value of £1.00 per share in satisfaction of a director's loan balance and for cash consideration. Page 11
BISHOP & MILLER AUCTIONEERS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
12. | Contingent liabilities
Bishop & Miller Auctioneers Limited is a guarantor for a tenancy agreement agreed with B&M Clearances Limited. The initial rent has been agreed at an initial rate of £10,242 per annum and from 30 November 2024 to 29 February 2028: £11,095.
13. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to fund and amounted to £7,082 (2024: £6,887). Contributions totalling £1,271 (2024: £Nil) were payable to the fund at the balance sheet date.
14. | Commitments under operating leases
| At 31 October 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 98,280 | 98,209
| Later than 1 year and not later than 5 years | 200,056 | 297,676
|  | 298,336 | 395,885
15. | Related party transactions
| At the balance sheet date I White owed the company £20,000 (2024: £Nil). O Miller was owed £29,956 from the company (2024: £71,833) after converting £75,000 into equity shares.
Page 12