Caseware UK (AP4) 2025.0.111 2025.0.111 2025-09-30 2025-09-30 2026-05-05 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 2024-09-04 holding company 1 false 15933891 2024-09-03 15933891 2024-09-04 2025-09-30 15933891 2023-10-01 2024-09-03 15933891 2025-09-30 15933891 c:Director1 2024-09-04 2025-09-30 15933891 d:FreeholdInvestmentProperty 2024-09-04 2025-09-30 15933891 d:FreeholdInvestmentProperty 2025-09-30 15933891 d:FreeholdInvestmentProperty 2 2024-09-04 2025-09-30 15933891 d:CurrentFinancialInstruments 2025-09-30 15933891 d:CurrentFinancialInstruments d:WithinOneYear 2025-09-30 15933891 d:ShareCapital 2025-09-30 15933891 d:InvestmentPropertiesRevaluationReserve 2024-09-04 2025-09-30 15933891 d:InvestmentPropertiesRevaluationReserve 2025-09-30 15933891 d:RetainedEarningsAccumulatedLosses 2024-09-04 2025-09-30 15933891 d:RetainedEarningsAccumulatedLosses 2025-09-30 15933891 d:TaxLossesCarry-forwardsDeferredTax 2025-09-30 15933891 d:OtherDeferredTax 2025-09-30 15933891 c:OrdinaryShareClass1 2024-09-04 2025-09-30 15933891 c:OrdinaryShareClass1 2025-09-30 15933891 c:FRS102 2024-09-04 2025-09-30 15933891 c:AuditExempt-NoAccountantsReport 2024-09-04 2025-09-30 15933891 c:FullAccounts 2024-09-04 2025-09-30 15933891 c:PrivateLimitedCompanyLtd 2024-09-04 2025-09-30 15933891 6 2024-09-04 2025-09-30 15933891 f:PoundSterling 2024-09-04 2025-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15933891 GLAN PROPERTY UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 30 SEPTEMBER 2025
GLAN PROPERTY REGISTERED NUMBER: 15933891 BALANCE SHEET AS AT 30 SEPTEMBER 2025
|  | 2025
Note |  | £
Fixed assets |  |  |
Investments |  |  | 200
Investment property |  |  | 380,000
|  |  | 380,200
Current assets |  |  |
Debtors: amounts falling due within one year | 7 | 63,574 |
|  | 63,574 |
Creditors: amounts falling due within one year | 8 | (475,283) |
Net current (liabilities)/assets |  |  | (411,709)
Total assets less current liabilities |  |  | (31,509)
Net (liabilities)/assets |  |  | (31,509)
Capital and reserves |  |  |
Called up share capital | 10 |  | 100
Investment property reserve | 11 |  | 9,339
Profit and loss account | 11 |  | (40,948)
|  |  | (31,509)
Page 1
GLAN PROPERTY REGISTERED NUMBER: 15933891 BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 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 his 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 comprehensive income 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 5 May 2026.
................................................ Lloyd Powell
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
GLAN PROPERTY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025
1. | General information
Glan Property Ltd, 15933891, is a private limited company, limited by shares, incorporated in England and Wales, with its registered office at Glanmiheli, Kerry, Newtown, Powys SY16 4LN. The principal activity of the company is property rental. 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 following principal accounting policies have been applied:
| 2.2 | 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: Sale of goods Revenue 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 revenue 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. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 3
GLAN PROPERTY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025 2.Accounting policies (continued)
| 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 | Current and deferred taxation
The tax expense for the period 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 balance sheet 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 balance sheet 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 balance sheet date.
| 2.6 | 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. Page 4
GLAN PROPERTY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025 2.Accounting policies (continued)
| 2.7 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet 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 balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 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 | 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 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and will be based on historical experience and are for the current year based on expectations or future events that are believed to be reasonable under the circumstances. The Company makes estimates and assumptions concerning the future, The resulting accounting estimates will, by definition, seldom equal the actual results. In the opinion of the director there are no estimates not assumptions that have a significant risk of causing a material adjustment to the carrying amounts of the assets and liabilites within the next financial year.
4. | Employees
| The average monthly number of employees, including directors, during the period was 1.
Page 5
GLAN PROPERTY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| Additions | 200
| At 30 September 2025 | 200
6. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| Additions at cost | 367,548
| Surplus on revaluation | 12,452
| At 30 September 2025 | 380,000
The 2025 valuations were made by Eddisons, on an open market value basis.
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2025
|  |  |  |  | £
| Historic cost | 367,548
|  | 367,548
Page 6
GLAN PROPERTY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025
7. | Debtors
|  |  |  |  | 2025
|  |  |  |  | £
| Amounts owed by group undertakings | 12,374
| Prepayments and accrued income | 40,663
| Deferred taxation | 10,537
|  | 63,574
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025
|  |  |  |  | £
| Bank overdrafts | 760
| Trade creditors | 467,715
| Directors loan account | 5,058
| Accruals and deferred income | 1,750
|  | 475,283
9. | Deferred taxation
|  | 2025
|  | £
| Charged to the profit or loss | 10,537
| At end of year | 10,537
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025
|  |  |  |  | £
| Tax losses carried forward | 13,650
| Gain on revaluation of investment property | (3,113)
|  | 10,537
Page 7
GLAN PROPERTY NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025
10. | Share capital
|  |  |  |  | 2025
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 100 Ordinary shares of £1.00 each | 100
11. | Reserves
Investment property revaluation reserve The investment property revaluation reserve is the surplus to market valuation at the balance sheet date compared with the historic cost. Profit and loss account The profit and loss accounts represents the accumulated profits of the Company since incorporation less distributions made to shareholders.
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