Caseware UK (AP4) 2025.0.111 2025.0.111 2025-09-30 2025-09-30 false 2024-10-01 false renting out premises on Eishken Estate 11 11 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC479415 2024-10-01 2025-09-30 SC479415 2023-10-01 2024-09-30 SC479415 2025-09-30 SC479415 2024-09-30 SC479415 2023-10-01 SC479415 c:Director2 2024-10-01 2025-09-30 SC479415 d:PlantMachinery 2024-10-01 2025-09-30 SC479415 d:PlantMachinery 2025-09-30 SC479415 d:PlantMachinery 2024-09-30 SC479415 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 SC479415 d:MotorVehicles 2024-10-01 2025-09-30 SC479415 d:MotorVehicles 2025-09-30 SC479415 d:MotorVehicles 2024-09-30 SC479415 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 SC479415 d:FurnitureFittings 2024-10-01 2025-09-30 SC479415 d:FurnitureFittings 2025-09-30 SC479415 d:FurnitureFittings 2024-09-30 SC479415 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 SC479415 d:ComputerEquipment 2024-10-01 2025-09-30 SC479415 d:ComputerEquipment 2025-09-30 SC479415 d:ComputerEquipment 2024-09-30 SC479415 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 SC479415 d:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 SC479415 d:FreeholdInvestmentProperty 2025-09-30 SC479415 d:FreeholdInvestmentProperty 2024-09-30 SC479415 d:FreeholdInvestmentProperty 2 2024-10-01 2025-09-30 SC479415 d:CurrentFinancialInstruments 2025-09-30 SC479415 d:CurrentFinancialInstruments 2024-09-30 SC479415 d:Non-currentFinancialInstruments 2025-09-30 SC479415 d:Non-currentFinancialInstruments 2024-09-30 SC479415 d:CurrentFinancialInstruments d:WithinOneYear 2025-09-30 SC479415 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 SC479415 d:Non-currentFinancialInstruments d:AfterOneYear 2025-09-30 SC479415 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 SC479415 d:ShareCapital 2025-09-30 SC479415 d:ShareCapital 2024-09-30 SC479415 d:InvestmentPropertiesRevaluationReserve 2025-09-30 SC479415 d:InvestmentPropertiesRevaluationReserve 2024-09-30 SC479415 d:RetainedEarningsAccumulatedLosses 2025-09-30 SC479415 d:RetainedEarningsAccumulatedLosses 2024-09-30 SC479415 d:AcceleratedTaxDepreciationDeferredTax 2025-09-30 SC479415 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 SC479415 d:TaxLossesCarry-forwardsDeferredTax 2025-09-30 SC479415 d:TaxLossesCarry-forwardsDeferredTax 2024-09-30 SC479415 c:OrdinaryShareClass1 2024-10-01 2025-09-30 SC479415 c:OrdinaryShareClass1 2025-09-30 SC479415 c:FRS102 2024-10-01 2025-09-30 SC479415 c:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 SC479415 c:FullAccounts 2024-10-01 2025-09-30 SC479415 c:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 SC479415 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2025-09-30 SC479415 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2024-09-30 SC479415 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2025-09-30 SC479415 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2024-09-30 SC479415 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:BetweenOneFiveYears 2025-09-30 SC479415 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:BetweenOneFiveYears 2024-09-30 SC479415 f:PoundSterling 2024-10-01 2025-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: SC479415 EISHKEN LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 SEPTEMBER 2025
EISHKEN LIMITED REGISTERED NUMBER: SC479415 BALANCE SHEET AS AT 30 SEPTEMBER 2025
| 2025 | 2025 | 2024 | 2024
Note | £ | £ | £ | £
FIXED ASSETS |  |  |  |  |
Tangible assets | 4 |  | 92,076 |  | 44,947
Investment property | 5 |  | 14,350,000 |  | 14,722,676
|  |  | 14,442,076 |  | 14,767,623
CURRENT ASSETS |  |  |  |  |
Stocks |  | 31,247 |  | 30,849 |
Debtors: amounts falling due within one year | 6 | 103,614 |  | 109,992 |
Cash at bank and in hand |  | 23,103 |  | 14,042 |
|  | 157,964 |  | 154,883 |
Creditors: amounts falling due within one year | 7 | (6,555,697) |  | (5,298,016) |
NET CURRENT LIABILITIES |  |  | (6,397,733) |  | (5,143,133)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 8,044,343 |  | 9,624,490
Creditors: amounts falling due after more than one year | 8 |  | (8,000,000) |  | (8,000,000)
PROVISIONS FOR LIABILITIES |  |  |  |  |
Deferred tax | 9 | (162,040) |  | (451,117) |
|  |  | (162,040) |  | (451,117)
NET (LIABILITIES)/ASSETS |  |  | (117,697) |  | 1,173,373
CAPITAL AND RESERVES |  |  |  |  |
Called up share capital | 10 |  | 200 |  | 200
Investment property revaluation reserve |  |  | 6,773,849 |  | 7,146,525
Profit and loss account |  |  | (6,891,746) |  | (5,973,352)
|  |  | (117,697) |  | 1,173,373
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. Page 1
EISHKEN LIMITED REGISTERED NUMBER: SC479415 BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2025 The Company has opted not to file the profit and loss account 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:
N M Oppenheim
Director
Date: 2 June 2026
The notes on pages 3 to 8 form part of these financial statements. Page 2
EISHKEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
1. | GENERAL INFORMATION
Eishken Limited is a private company limited by shares and incorporated in Scotland. Its registered office is Eishken Lodge, Eishken, Isle Of Lewis, HS2 9LQ. The Company's functional and presentational currency is GBP. 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 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 | GOING CONCERN
The Company incurred a loss for the year and had net liabilities of £117,697 as at 30 September 2025 (2024 - net assets of £1,173,373). The financial statements are prepared on the going concern basis on the assumption that the Company will continue to receive finanical support from its shareholders and lenders to provide sufficient funds to enable it to meet its liabilities as they fall due.
| 2.3 | TURNOVER
Turnover comprises revenue recognised by the Company in respect of letting and rental income during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised as the fair value of the consideration received or receivable and is recognised in the accounting period to which it relates.
| 2.4 | OPERATING LEASES: THE COMPANY AS LESSEE
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 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 | 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. Page 3
EISHKEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.6 | TANGIBLE FIXED ASSETS (CONTINUED)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance or straight line basis. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 25% | reducing balance
|  |  |  | Motor vehicles | - | 25% | straight line
|  |  |  | Fixtures and fittings | - | 15% | reducing balance
|  |  |  | Computer equipment | - | 25% | 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.
| 2.7 | 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.
| 2.8 | STOCKS
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.9 | DEBTORS
Short-term debtors are measured at transaction price, less any impairment.
| 2.10 | 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.
| 2.11 | 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 4
EISHKEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.12 | 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 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.
3. | EMPLOYEES
| The average monthly number of employees, including directors, during the year was 11 (2024 - 11).
Page 5
EISHKEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
4. | TANGIBLE FIXED ASSETS
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £ | £
| COST OR VALUATION |  |  |  |  |
| At 1 October 2024 | 488,285 | 154,360 | 531,274 | 8,786 | 1,182,705
| Additions | 62,100 | - | - | 2,165 | 64,265
| At 30 September 2025 | 550,385 | 154,360 | 531,274 | 10,951 | 1,246,970
| DEPRECIATION |  |  |  |  |
| At 1 October 2024 | 487,441 | 135,025 | 511,178 | 4,114 | 1,137,758
| Charge for the year on owned assets | 6,677 | 6,187 | 3,014 | 1,258 | 17,136
| At 30 September 2025 | 494,118 | 141,212 | 514,192 | 5,372 | 1,154,894
| NET BOOK VALUE |  |  |  |  |
| At 30 September 2025 | 56,267 | 13,148 | 17,082 | 5,579 | 92,076
| At 30 September 2024 | 844 | 19,335 | 20,096 | 4,672 | 44,947
5. | INVESTMENT PROPERTY
|  | Freehold investment property
|  | £
| VALUATION |
| At 1 October 2024 | 14,722,676
| Surplus on revaluation | (372,676)
| AT 30 SEPTEMBER 2025 | 14,350,000
The 2025 valuations were made by the directors based on professional advice received, on an open market value basis.
Page 6
EISHKEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 5,068
| Other debtors | 1,951 | -
| Prepayments and accrued income | 101,663 | 104,924
|  | 103,614 | 109,992
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Loan from J. N. Oppenheim | 4,323,592 | 3,303,592
| Trade creditors | 68,570 | 134,795
| Loan from directors | 2,121,066 | 1,785,250
| Other taxation and social security | 8,978 | 10,767
| Other creditors | 940 | 1,123
| Accruals and deferred income | 32,551 | 62,489
|  | 6,555,697 | 5,298,016
| Other creditors include contributions of £940 (2024 - £1,123) payable to the Company's defined contribution pension scheme at the balance sheet date.
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 8,000,000 | 8,000,000
| Bank loans comprise loans secured on the company's investment property. The loans are repayable 5 years after the drawdown date, being 28 March 2023. Interest is charged at 2.59% above the base rate on the £2m loan and 3.99% above the base rate on the £6m loan. Minimum caps enforced are 3.84% and 5.24% respectively.
Page 7
EISHKEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
9. | DEFERRED TAXATION
|  | 2025 | 2024
|  | £ | £
| At beginning of year | 451,117 | 762,471
| Charged to profit or loss | (289,077) | (311,354)
| AT END OF YEAR | 162,040 | 451,117
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Unrealised gains on investment properties | 2,253,475 | 2,253,475
| Tax losses carried forward | (2,091,435) | (1,802,358)
|  | 162,040 | 451,117
10. | SHARE CAPITAL
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |  |
|  | 20,000 Ordinary shares of £0.01 each | 200 | 200
11. | COMMITMENTS UNDER OPERATING LEASES
| At 30 September 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 | 68,750 | 19,375
| Later than 1 year and not later than 5 years | 108,854 | -
|  | 177,604 | 19,375
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