Caseware UK (AP4) 2025.0.111 2025.0.111 2025-11-30 2025-11-30 2024-12-01 false property investment 4 4 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05240910 2024-12-01 2025-11-30 05240910 2023-12-01 2024-11-30 05240910 2025-11-30 05240910 2024-11-30 05240910 2023-12-01 05240910 c:Director3 2024-12-01 2025-11-30 05240910 d:FreeholdInvestmentProperty 2025-11-30 05240910 d:FreeholdInvestmentProperty 2024-11-30 05240910 d:CurrentFinancialInstruments 2025-11-30 05240910 d:CurrentFinancialInstruments 2024-11-30 05240910 d:CurrentFinancialInstruments d:WithinOneYear 2025-11-30 05240910 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 05240910 d:ShareCapital 2025-11-30 05240910 d:ShareCapital 2024-11-30 05240910 d:InvestmentPropertiesRevaluationReserve 2024-12-01 2025-11-30 05240910 d:InvestmentPropertiesRevaluationReserve 2025-11-30 05240910 d:InvestmentPropertiesRevaluationReserve 2024-11-30 05240910 d:RetainedEarningsAccumulatedLosses 2024-12-01 2025-11-30 05240910 d:RetainedEarningsAccumulatedLosses 2025-11-30 05240910 d:RetainedEarningsAccumulatedLosses 2024-11-30 05240910 c:FRS102 2024-12-01 2025-11-30 05240910 c:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 05240910 c:FullAccounts 2024-12-01 2025-11-30 05240910 c:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 05240910 d:OtherDeferredTax 2025-11-30 05240910 d:OtherDeferredTax 2024-11-30 05240910 e:PoundSterling 2024-12-01 2025-11-30 iso4217:GBP xbrli:pure

Registered number: 05240910 INKTOWN LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 NOVEMBER 2025
INKTOWN LIMITED CONTENTS
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 6
INKTOWN LIMITED REGISTERED NUMBER: 05240910 BALANCE SHEET AS AT 30 NOVEMBER 2025
| 2025 | 2025 | 2024 | 2024
Note | £ | £ | £ | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 750,000 |  | 750,000
|  |  | 750,000 |  | 750,000
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 25,200 |  | 200 |
Cash at bank and in hand | 6 | 66,341 |  | 63,579 |
|  | 91,541 |  | 63,779 |
Creditors: amounts falling due within one year | 7 | (10,472) |  | (5,664) |
Net current assets |  |  | 81,069 |  | 58,115
Total assets less current liabilities |  |  | 831,069 |  | 808,115
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (187,500) |  | (187,500) |
|  |  | (187,500) |  | (187,500)
Net assets |  |  | 643,569 |  | 620,615
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 200 |  | 200
Investment property reserve | 9 |  | 562,500 |  | 562,500
Profit and loss account | 9 |  | 80,869 |  | 57,915
|  |  | 643,569 |  | 620,615
Page 1
INKTOWN LIMITED REGISTERED NUMBER: 05240910 BALANCE SHEET (CONTINUED) AS AT 30 NOVEMBER 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 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 23 June 2026.
S Mattey
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
INKTOWN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
1. | General information
Inktown Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 05240910. The address of the registered office is Lawrence House, Goodwyn Avenue, Mill Hill, London, NW7 3RH. The principal activity of the company is that of property investment. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies. The financial statements are presented in pound sterling which is the functional currency of the company and rounded to the nearest £. The following principal accounting policies have been applied:
| 2.2 | Revenue
Revenue represents rental and ancillary income from properties for the period.
| 2.3 | 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. Page 3
INKTOWN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 2.Accounting policies (continued)
| 2.4 | Investment property
Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate. Sums received for lease extensions have been deducted from the original cost where the company owns the relevant freehold reversions until the original cost is extinguished. Sums received for subsequent lease extensions are taken directly to profit and loss account.
| 2.5 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 4 (2024 - 4).
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 December 2024 | 750,000
| At 30 November 2025 | 750,000
The 2025 valuations were made by the directors, on an open market value basis.
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 25,000 | -
| Other debtors | 200 | 200
|  | 25,200 | 200
Page 4
INKTOWN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 66,341 | 63,579
|  | 66,341 | 63,579
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Corporation tax | 7,652 | 2,843
| Accruals and deferred income | 2,820 | 2,821
|  | 10,472 | 5,664
8. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | (187,500) | (187,500)
| At end of year | (187,500) | (187,500)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Fair value movements | (187,500) | (187,500)
|  | (187,500) | (187,500)
Page 5
INKTOWN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
9. | Reserves
Investment property revaluation reserve The investment property revaluation reserve represents cumulative effects of fair value adjustments net of deferred tax and other adjustments. Profit & loss account The profit and loss account represents cumulative distributable profits and losses net of dividends and other adjustments.
Page 6