Caseware UK (AP4) 2024.0.164 2024.0.164 2025-11-30 2025-11-30 2024-12-01 false false true 1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05634126 2024-12-01 2025-11-30 05634126 2023-12-01 2024-11-30 05634126 2025-11-30 05634126 2024-11-30 05634126 c:Director1 2024-12-01 2025-11-30 05634126 d:Buildings 2025-11-30 05634126 d:Buildings 2024-11-30 05634126 d:LandBuildings 2025-11-30 05634126 d:LandBuildings 2024-11-30 05634126 d:CurrentFinancialInstruments 2025-11-30 05634126 d:CurrentFinancialInstruments 2024-11-30 05634126 d:CurrentFinancialInstruments d:WithinOneYear 2025-11-30 05634126 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 05634126 d:ShareCapital 2025-11-30 05634126 d:ShareCapital 2024-11-30 05634126 d:RevaluationReserve 2024-12-01 2025-11-30 05634126 d:RevaluationReserve 2025-11-30 05634126 d:RevaluationReserve 2024-11-30 05634126 c:OrdinaryShareClass1 2024-12-01 2025-11-30 05634126 c:OrdinaryShareClass1 2025-11-30 05634126 c:OrdinaryShareClass1 2024-11-30 05634126 c:FRS102 2024-12-01 2025-11-30 05634126 c:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 05634126 c:FullAccounts 2024-12-01 2025-11-30 05634126 c:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 05634126 5 2024-12-01 2025-11-30 05634126 d:OtherPropertyPlantEquipment d:LeasedAssetsHeldAsLessee 2025-11-30 05634126 d:OtherPropertyPlantEquipment d:LeasedAssetsHeldAsLessee 2024-11-30 05634126 d:LeasedAssetsHeldAsLessee 2025-11-30 05634126 d:LeasedAssetsHeldAsLessee 2024-11-30 05634126 e:PoundSterling 2024-12-01 2025-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05634126 TOSCAFIELD INVESTMENTS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 NOVEMBER 2025
TOSCAFIELD INVESTMENTS LIMITED REGISTERED NUMBER: 05634126 BALANCE SHEET AS AT 30 NOVEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 12,208,679 |  | 12,208,679
Current assets |  |  |  |  |
Cash at bank |  | 15,580 |  | 17,563 |
Creditors: amounts falling due within one year | 5 | (10,189,379) |  | (10,191,362) |
Net current liabilities |  |  | (10,173,799) |  | (10,173,799)
Total assets less current liabilities |  |  | 2,034,880 |  | 2,034,880
Net assets |  |  | 2,034,880 |  | 2,034,880
Capital and reserves |  |  |  |  |
Called up share capital | 6 |  | 100 |  | 100
Revaluation reserve | 7 |  | 2,034,780 |  | 2,034,780
|  |  | 2,034,880 |  | 2,034,880
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 year 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 income and retained earnings 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:
Mr M. B. Hughes
Director
Date: 19 June 2026
The notes on pages 2 to 7 form part of these financial statements. Page 1
TOSCAFIELD INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
1. | General information
The company is a private company limited by shares and incorporated in England & Wales. The registered company number is 05634126, and its registered office and trading address is Ferguson House, 15 Marylebone Road, 5th Floor, London, England, NW1 5JD. This company is not part of a group. 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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 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 following principal accounting policies have been applied:
| 2.2 | Going concern
The directors consider that the resources available to the Company will be sufficient for it to be able to continue as a going concern. At the year end, the Company had net assets of £2,034,880 and a director’s loan account with a credit balance of £10,186,144. Although the Company may be in a net current liability position, the director has confirmed that they will not seek repayment of the loan in the foreseeable future and will continue to provide financial support as required. On this basis, the directors have a reasonable expectation that the Company will continue in operational existence for at least twelve months from the date of approval of the financial statements, and therefore the going concern basis is considered appropriate. The financial statements do not contain any adjustments that would be required if the Company were not able to continue as a going concern Page 2
TOSCAFIELD INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 2.Accounting policies (continued)
| 2.3 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
| 2.4 | Revaluation of tangible fixed assets
Individual freehold and leasehold properties are carried at current year value at fair value at the date of revaluation. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date. Fair values are determined from market based evidence normally undertaken by professionally qualified valuers. Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.
| 2.5 | Freehold properties
Freehold properties are carried at fair value determined annually by the directors derived from the current market rents and yields for comparable real estate, adjusted if necessary for any difference in the nature, location, or condition of the specific assets. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.
| 2.6 | 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.
| 2.7 | 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. Page 3
TOSCAFIELD INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 2.Accounting policies (continued)
| 2.7 | Financial instruments (continued)
Financial instruments are recognised in the Company's Balance Sheet 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. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. 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. Basic 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. 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 Page 4
TOSCAFIELD INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 2.Accounting policies (continued)
| 2.7 | Financial instruments (continued)
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 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. Page 5
TOSCAFIELD INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
4. | Tangible fixed assets
|  | Freehold property
|  | £
| Valuation |
| At 1 December 2024 | 12,208,679
| At 30 November 2025 | 12,208,679
| Net book value |
| At 30 November 2025 | 12,208,679
| At 30 November 2024 | 12,208,679
| The net book value of land and buildings may be further analysed as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Freehold property | 12,208,679 | 12,208,679
|  | 12,208,679 | 12,208,679
| The properties were valued by the director, Mr M. B. Hughes on a fair value for existing use basis. No depreciation has been provided for.
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 10,173,899 | 10,173,899
|  | 10,173,899 | 10,173,899
Page 6
TOSCAFIELD INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 10,186,144 | 10,188,462
| Accruals and deferred income | 3,235 | 2,900
|  | 10,189,379 | 10,191,362
6. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
7. | Reserves
Revaluation reserve The revaluation reserves represents non distributable fair value movements on the freehold property.
8. | Related party transactions
| During the year the company operated a loan with the director of the company. The balance owed by the company to the director at the year end was £10,186,144 (2024 - £10,188,462). This loan is interest free and repayable on demand.
Page 7