Caseware UK (AP4) 2024.0.164 2024.0.164 2025-10-31 2025-10-31 false true false 2024-11-01 No description of principal activity 1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11991575 2024-11-01 2025-10-31 11991575 2023-11-01 2024-10-31 11991575 2025-10-31 11991575 2024-10-31 11991575 2023-11-01 11991575 c:Director1 2024-11-01 2025-10-31 11991575 d:Buildings 2024-11-01 2025-10-31 11991575 d:Buildings 2025-10-31 11991575 d:Buildings 2024-10-31 11991575 d:Buildings d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 11991575 d:FurnitureFittings 2024-11-01 2025-10-31 11991575 d:FurnitureFittings 2025-10-31 11991575 d:FurnitureFittings 2024-10-31 11991575 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 11991575 d:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 11991575 d:FreeholdInvestmentProperty 2025-10-31 11991575 d:FreeholdInvestmentProperty 2024-10-31 11991575 d:CurrentFinancialInstruments 2025-10-31 11991575 d:CurrentFinancialInstruments 2024-10-31 11991575 d:CurrentFinancialInstruments d:WithinOneYear 2025-10-31 11991575 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 11991575 d:ShareCapital 2025-10-31 11991575 d:ShareCapital 2024-10-31 11991575 d:RevaluationReserve 2025-10-31 11991575 d:RevaluationReserve 2024-10-31 11991575 d:RetainedEarningsAccumulatedLosses 2025-10-31 11991575 d:RetainedEarningsAccumulatedLosses 2024-10-31 11991575 d:AcceleratedTaxDepreciationDeferredTax 2025-10-31 11991575 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 11991575 c:OrdinaryShareClass1 2024-11-01 2025-10-31 11991575 c:OrdinaryShareClass1 2025-10-31 11991575 c:OrdinaryShareClass1 2024-10-31 11991575 c:FRS102 2024-11-01 2025-10-31 11991575 c:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11991575 c:FullAccounts 2024-11-01 2025-10-31 11991575 c:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11991575 e:PoundSterling 2024-11-01 2025-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11991575 JMB PROPCO LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
JMB PROPCO LIMITED REGISTERED NUMBER: 11991575 BALANCE SHEET AS AT 31 OCTOBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 3,339,378 |  | 3,339,701
Investment property | 5 |  | 1,000,000 |  | 1,000,000
|  |  | 4,339,378 |  | 4,339,701
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 690 |  | 729 |
Cash at bank and in hand |  | 15,101 |  | 19,242 |
|  | 15,791 |  | 19,971 |
Creditors: amounts falling due within one year | 7 | (4,239,987) |  | (4,240,666) |
Net current liabilities |  |  | (4,224,196) |  | (4,220,695)
Total assets less current liabilities |  |  | 115,182 |  | 119,006
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 |  | (28,338) |  | (28,338)
Net assets |  |  | 86,844 |  | 90,668
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 1 |  | 1
Revaluation reserve |  |  | 92,919 |  | 92,919
Profit and loss account |  |  | (6,076) |  | (2,252)
|  |  | 86,844 |  | 90,668
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JMB PROPCO LIMITED REGISTERED NUMBER: 11991575 BALANCE SHEET (CONTINUED) AS AT 31 OCTOBER 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 22 July 2026.
J Bright
Director
The notes on pages 3 to 6 form part of these financial statements. Page 2
JMB PROPCO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. | General information
JMB Propco Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is 469-475 Holloway Road, London, N7 6LE. 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 | 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.
| 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
JMB PROPCO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 2.Accounting policies (continued)
| 2.4 | 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
|  |  |  | Fixtures and fittings | - | 25% | 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 the Statement of comprehensive income.
| 2.5 | Investment property
Investment property is carried at fair value determined annually by the director 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 the Statement of comprehensive income.
| 2.6 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.7 | Creditors
Short-term creditors are measured at the transaction price.
| 2.8 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
3. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
Page 4
JMB PROPCO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
4. | Tangible fixed assets
|  | Freehold property | Fixtures and fittings | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 November 2024 | 3,339,378 | 5,260 | 3,344,638
| At 31 October 2025 | 3,339,378 | 5,260 | 3,344,638
| Depreciation |  |  |
| At 1 November 2024 | - | 4,937 | 4,937
| Charge for the year on owned assets | - | 323 | 323
| At 31 October 2025 | - | 5,260 | 5,260
| Net book value |  |  |
| At 31 October 2025 | 3,339,378 | - | 3,339,378
| At 31 October 2024 | 3,339,378 | 323 | 3,339,701
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 November 2024 | 1,000,000
| At 31 October 2025 | 1,000,000
The 2025 valuations were made by the director, 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 | 2024
|  |  |  |  | £ | £
| Historic cost | 878,743 | 878,743
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JMB PROPCO LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 690 | 1
| Prepayments and accrued income | - | 728
|  | 690 | 729
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 4,237,987 | 4,237,988
| Accruals and deferred income | 2,000 | 2,678
|  | 4,239,987 | 4,240,666
8. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning and end of year | 28,338 | 28,338
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Unrealised gain on revaluation of investment property | 28,338 | 28,338
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1 (2024 - 1) Ordinary share of £1 | 1 | 1
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