Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2025-01-01 false No description of principal activity 6 5 true true false 09742766 2025-01-01 2025-12-31 09742766 2024-01-01 2024-12-31 09742766 2025-12-31 09742766 2024-12-31 09742766 c:Director1 2025-01-01 2025-12-31 09742766 d:Buildings 2025-01-01 2025-12-31 09742766 d:Buildings 2025-12-31 09742766 d:Buildings 2024-12-31 09742766 d:Buildings d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09742766 d:MotorVehicles 2025-01-01 2025-12-31 09742766 d:MotorVehicles 2025-12-31 09742766 d:MotorVehicles 2024-12-31 09742766 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09742766 d:OfficeEquipment 2025-01-01 2025-12-31 09742766 d:OfficeEquipment 2025-12-31 09742766 d:OfficeEquipment 2024-12-31 09742766 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09742766 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 09742766 d:FreeholdInvestmentProperty 2025-01-01 2025-12-31 09742766 d:FreeholdInvestmentProperty 2025-12-31 09742766 d:FreeholdInvestmentProperty 2024-12-31 09742766 d:CurrentFinancialInstruments 2025-12-31 09742766 d:CurrentFinancialInstruments 2024-12-31 09742766 d:ShareCapital 2025-12-31 09742766 d:ShareCapital 2024-12-31 09742766 d:RetainedEarningsAccumulatedLosses 2025-12-31 09742766 d:RetainedEarningsAccumulatedLosses 2024-12-31 09742766 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 09742766 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 09742766 d:RetirementBenefitObligationsDeferredTax 2025-12-31 09742766 d:RetirementBenefitObligationsDeferredTax 2024-12-31 09742766 d:OtherDeferredTax 2025-12-31 09742766 d:OtherDeferredTax 2024-12-31 09742766 c:OrdinaryShareClass1 2025-01-01 2025-12-31 09742766 c:OrdinaryShareClass1 2025-12-31 09742766 c:OrdinaryShareClass1 2024-12-31 09742766 c:FRS102 2025-01-01 2025-12-31 09742766 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 09742766 c:FullAccounts 2025-01-01 2025-12-31 09742766 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 09742766 2 2025-01-01 2025-12-31 09742766 6 2025-01-01 2025-12-31 09742766 e:PoundSterling 2025-01-01 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09742766 FORGE HOUSE ESTATES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
FORGE HOUSE ESTATES LIMITED REGISTERED NUMBER: 09742766 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 348,907 |  | 378,626
Investments | 5 |  | 707,363 |  | 898,089
Investment property | 6 |  | 11,918,087 |  | 10,606,170
|  |  | 12,974,357 |  | 11,882,885
Current assets |  |  |  |  |
Stocks |  | 616,660 |  | 656,201 |
Debtors: amounts falling due within one year | 7 | 158,437 |  | 171,996 |
Cash at bank and in hand |  | 1,354,109 |  | 2,211,977 |
|  | 2,129,206 |  | 3,040,174 |
Creditors: amounts falling due within one year | 8 | (624,754) |  | (1,079,620) |
Net current assets |  |  | 1,504,452 |  | 1,960,551
Total assets less current liabilities |  |  | 14,478,809 |  | 13,843,436
Provisions for liabilities |  |  |  |  |
Deferred tax | 9 | (89,384) |  | (92,275) |
|  |  | (89,384) |  | (92,275)
Net assets |  |  | 14,389,425 |  | 13,751,161
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 1 |  | 1
Profit and loss account |  |  | 14,389,424 |  | 13,751,160
|  |  | 14,389,425 |  | 13,751,161
Page 1
FORGE HOUSE ESTATES LIMITED REGISTERED NUMBER: 09742766 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 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 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 on 13 July 2026.
L A E F Franck-Steier
Director
The notes on pages 3 to 12 form part of these financial statements. Page 2
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 09742766. The Company's registered office is Stowe House, 1688 High Street, Knowle, Solihull, West Midlands, England, B93 0LY. The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1. 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. Cashflow Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company. 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: Rental of property and ground rents Turnover from the rental of property is recognised when all the following conditions are satisfied: - the amount of turnover can be measured reliably; - it is probable that the Company will receive consideration due for the rental of properties; - the period of rent can be measured reliably; and - the costs incurred or to be incurred in respect of the transaction can be measured reliably. Sales of properties and ground rents Revenue from the sale of properties and ground rents is recognised when all of the following conditions are satisfied: - the Company has transferred the significant risks and rewards of ownership to the buyer; - he Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; - he 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. Page 3
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.3 | 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.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | 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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 2.6 | 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 4
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.7 | 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 the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - |  | not depreciated
|  |  |  | Motor vehicles | - | 20% | straight line
|  |  |  | Office equipment | - | 33% | straight line
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.
| 2.8 | 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.
| 2.9 | 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 income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
| 2.10 | Associates and joint ventures
Associates and Joint Ventures are held at cost less impairment. Page 5
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.11 | Stocks
Stocks represent ground rents owned by the company. 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. 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.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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.
| 2.15 | 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.
| 2.16 | 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. 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 Page 6
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.16 | Financial instruments (continued)
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. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. 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. Page 7
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.16 | Financial instruments (continued)
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 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 instruments 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.
| 2.17 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 6 (2024 - 5).
Page 8
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Tangible fixed assets
|  | Freehold property | Motor vehicles | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 January 2025 | 240,000 | 154,893 | 4,493 | 399,386
| Additions | - | - | 2,666 | 2,666
| At 31 December 2025 | 240,000 | 154,893 | 7,159 | 402,052
| Depreciation |  |  |  |
| At 1 January 2025 | - | 17,636 | 3,124 | 20,760
| Charge for the year on owned assets | - | 30,979 | 1,406 | 32,385
| At 31 December 2025 | - | 48,615 | 4,530 | 53,145
| Net book value |  |  |  |
| At 31 December 2025 | 240,000 | 106,278 | 2,629 | 348,907
| At 31 December 2024 | 240,000 | 137,256 | 1,369 | 378,625
5. | Fixed asset investments
|  | Investments in associates and joint ventures | Unlisted investments | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2025 | 182,498 | 715,591 | 898,089
| Disposals | (182,498) | - | (182,498)
| Share of profit / (loss) | - | (8,228) | (8,228)
| At 31 December 2025 | - | 707,363 | 707,363
| Participating interests The £182,498 represents a 50% share in FHB Lakeside Limited, company registration number - 10632567, a company incorporated in England. The sharesholding was sold during the year.
Page 9
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 January 2025 | 10,606,170
| Additions at cost | 1,401,917
| Disposals | (90,000)
| At 31 December 2025 | 11,918,087
The 2025 valuations were made by the Directors, on an open market value for existing use basis. The commercial properties were professionally valued by CP Bigwood of Birmingham in July 2014. Residential properties were professional valued by Ruxton Chartered Surveyors of Solihull in August 2014. The directors are satisifed that the above valuation materially reflects the market value of the properties at the balance sheet date. As at the balance sheet date deferred tax of £82,953 (2024 - £82,953) is recognised on tax charge arising if the properties were sold at the fair value included in the accounts. The movement in deferred tax arising in the year on revaluations was £Nil.
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 148,228 | 142,495
| Other debtors | 5,960 | 25,872
| Prepayments and accrued income | 4,249 | 3,629
|  | 158,437 | 171,996
Page 10
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 4,336 | 2,468
| Corporation tax | 275,455 | 816,146
| Other taxation and social security | 50,990 | 43,730
| Other creditors | 58,564 | 15,375
| Accruals and deferred income | 235,409 | 201,901
|  | 624,754 | 1,079,620
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (92,275)
| Utilised in year | 2,891
| At end of year | (89,384)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | (6,464) | (9,337)
| Pension surplus | 33 | 15
| Revaluation of investment properties | (82,953) | (82,953)
|  | (89,384) | (92,275)
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2024 - 1) Ordinary share of £1.00 | 1 | 1
Page 11
FORGE HOUSE ESTATES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
11. | 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. Contributions totalling £366 (2024 - £378) were payable to the fund at the balance sheet date and are included in creditors. 12.Other financial commitments The company had total commitments as at the balance sheet date of £12,251 (2024 - £2,828).
13. | Related party transactions
| During the year the company received amounts of £19,871 (2024 - paid £5,000 on behalf of) from a company in which it has a participating interest in for a loan previously given. The total amount outstanding and due from this company and held within other debtors is £Nil (2024 - £19,871). The loan is interest free and repayable on demand.
14. | Controlling party
The ultimate and immediate parent company is Forge House Estates Holdings Limited, a company registered in England and Wales. The registered office of the parent company is Stowe House, 1688 High Street, Knowle, Solihull, B93 0LY. Forge House Estates Holdings is considered to be the controlling party.
Page 12