Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 2025-04-01 false No description of principal activity 1 false 1 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02565240 2025-04-01 2026-03-31 02565240 2024-04-01 2025-03-31 02565240 2026-03-31 02565240 2025-03-31 02565240 c:Director1 2025-04-01 2026-03-31 02565240 d:FreeholdInvestmentProperty 2026-03-31 02565240 d:FreeholdInvestmentProperty 2025-03-31 02565240 d:FreeholdInvestmentProperty 2 2025-04-01 2026-03-31 02565240 d:CurrentFinancialInstruments 2026-03-31 02565240 d:CurrentFinancialInstruments 2025-03-31 02565240 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 02565240 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 02565240 d:ShareCapital 2026-03-31 02565240 d:ShareCapital 2025-03-31 02565240 d:RevaluationReserve 2025-04-01 2026-03-31 02565240 d:RevaluationReserve 2026-03-31 02565240 d:RevaluationReserve 2025-03-31 02565240 d:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 02565240 d:RetainedEarningsAccumulatedLosses 2026-03-31 02565240 d:RetainedEarningsAccumulatedLosses 2025-03-31 02565240 d:AcceleratedTaxDepreciationDeferredTax 2026-03-31 02565240 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 02565240 d:TaxLossesCarry-forwardsDeferredTax 2026-03-31 02565240 d:TaxLossesCarry-forwardsDeferredTax 2025-03-31 02565240 c:FRS102 2025-04-01 2026-03-31 02565240 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 02565240 c:FullAccounts 2025-04-01 2026-03-31 02565240 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 02565240 2 2025-04-01 2026-03-31 02565240 f:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Registered number: 02565240 LIFETIME HOME SECURITIES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2026
LIFETIME HOME SECURITIES LIMITED REGISTERED NUMBER: 02565240 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 1,061,500 |  | 1,085,000
|  |  | 1,061,500 |  | 1,085,000
Current assets |  |  |  |  |
Debtors |  | 740,612 |  | 870,605 |
Cash at bank and in hand |  | 651 |  | 152,911 |
|  | 741,263 |  | 1,023,516 |
Creditors: amounts falling due within one year | 5 | (5,380) |  | (250,933) |
Net current assets |  |  | 735,883 |  | 772,583
Total assets less current liabilities |  |  | 1,797,383 |  | 1,857,583
Provisions for liabilities |  |  |  |  |
Deferred tax | 6 | (76,339) |  | (147,308) |
|  |  | (76,339) |  | (147,308)
Net assets |  |  | 1,721,044 |  | 1,710,275
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100,000 |  | 100,000
Fair value reserve | 7 |  | 480,218 |  | 429,347
Profit and loss account | 7 |  | 1,140,826 |  | 1,180,928
|  |  | 1,721,044 |  | 1,710,275
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LIFETIME HOME SECURITIES LIMITED REGISTERED NUMBER: 02565240 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2026 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 income statement 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:
................................................ R Smeath
Director
Date: 27 July 2026
The notes on pages 3 to 7 form part of these financial statements. Page 2
LIFETIME HOME SECURITIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
Lifetime Home Securities Limited is a private company limited by shares and incorporated in England and Wales, registration number 02565240. The registered office is 25 Bury Street, London, England, SW1Y 6AL. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 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. Significant judgements and estimates Preparation of the financial statements requires management to make significant judgements and estimates. The director has considered key assumptions concerning the future and other key sources of estimation and uncertainty at the end of the reporting period and does not consider there to be any areas where there is a material risk of adjustment to the carrying amounts of assets and liabilities within the next financial year. The following principal accounting policies have been applied:
| 2.2 | Going concern
The director has considered the company's position at the time of signing the financial statements, and based on this, the director has concluded that they have a reasonable expectation that the company will have adequate resources to continue in operational existence for at least the next 12 months from the date of signing the financial statements. They have therefore continued to adopt the going concern basis of accounting in preparing these financial statements.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
LIFETIME HOME SECURITIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.4 | 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 reporting 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 reporting 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 reporting date.
| 2.5 | 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 and transferred to the fair value reserve, net of associated deferred tax.
| 2.6 | 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.
| 2.7 | 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. Page 4
LIFETIME HOME SECURITIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.8 | 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 5
LIFETIME HOME SECURITIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.9 | 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. Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
The average monthly number of employees, including directors, during the year was 1 (2025 - 1).
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2025 | 1,085,000
| Surplus on revaluation | (23,500)
| At 31 March 2026 | 1,061,500
The 2026 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:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Historic cost | 495,768 | 495,768
|  | 495,768 | 495,768
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LIFETIME HOME SECURITIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | - | 7
| Corporation tax | - | 245,551
| Accruals | 5,380 | 5,375
|  | 5,380 | 250,933
6. | Deferred taxation
|  | 2026
|  | £
| At beginning of year | (147,308)
| Charged to profit or loss | 70,969
| At end of year | (76,339)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Investment property | (85,514) | (147,308)
| Tax losses carried forward | 9,175 | -
|  | (76,339) | (147,308)
7. | Reserves
Fair value reserve The fair value reserve includes all increases and decreases in the value of assets held by the Company net of associated deferred tax. Profit and loss account The profit and loss account includes all current and prior period retained profits and losses.
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