Caseware UK (AP4) 2025.0.111 2025.0.111 2026-04-30 2026-04-30 2025-05-01 false 2 true 2 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15677654 2025-05-01 2026-04-30 15677654 2024-04-24 2025-04-30 15677654 2026-04-30 15677654 2025-04-30 15677654 c:Director2 2025-05-01 2026-04-30 15677654 d:Buildings 2025-05-01 2026-04-30 15677654 d:Buildings 2026-04-30 15677654 d:FreeholdInvestmentProperty 2026-04-30 15677654 d:FreeholdInvestmentProperty 2025-04-30 15677654 d:FreeholdInvestmentProperty 3 2025-05-01 2026-04-30 15677654 d:CurrentFinancialInstruments 2026-04-30 15677654 d:CurrentFinancialInstruments 2025-04-30 15677654 d:Non-currentFinancialInstruments 2026-04-30 15677654 d:CurrentFinancialInstruments d:WithinOneYear 2026-04-30 15677654 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 15677654 d:Non-currentFinancialInstruments d:AfterOneYear 2026-04-30 15677654 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 15677654 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2026-04-30 15677654 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2026-04-30 15677654 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2026-04-30 15677654 d:ShareCapital 2026-04-30 15677654 d:ShareCapital 2025-04-30 15677654 d:RetainedEarningsAccumulatedLosses 2026-04-30 15677654 d:RetainedEarningsAccumulatedLosses 2025-04-30 15677654 c:FRS102 2025-05-01 2026-04-30 15677654 c:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 15677654 c:FullAccounts 2025-05-01 2026-04-30 15677654 c:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 15677654 2 2025-05-01 2026-04-30 15677654 6 2025-05-01 2026-04-30 15677654 15 2025-05-01 2026-04-30 15677654 17 2025-05-01 2026-04-30 15677654 19 2025-05-01 2026-04-30 15677654 20 2025-05-01 2026-04-30 15677654 f:PoundSterling 2025-05-01 2026-04-30 iso4217:GBP xbrli:pure

Registered number: 15677654 FYFIELD COMMERCIAL LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2026
FYFIELD COMMERCIAL LIMITED REGISTERED NUMBER: 15677654 BALANCE SHEET AS AT 30 APRIL 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 513,794 |  | -
Investments | 5 |  | 100 |  | 100
Investment property | 6 |  | - |  | 513,794
|  |  | 513,894 |  | 513,894
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 385,751 |  | 214,892 |
Cash at bank and in hand |  | 16,268 |  | 73,086 |
|  | 402,019 |  | 287,978 |
Creditors: amounts falling due within one year | 8 | (266,202) |  | (123,205) |
Net current assets |  |  | 135,817 |  | 164,773
Total assets less current liabilities |  |  | 649,711 |  | 678,667
Creditors: amounts falling due after more than one year | 9 |  | (684,838) |  | (715,501)
Net liabilities |  |  | (35,127) |  | (36,834)
Capital and reserves |  |  |  |  |
Called up share capital | 12 |  | 10 |  | 2
Profit and loss account |  |  | (35,137) |  | (36,836)
|  |  | (35,127) |  | (36,834)
Page 1
FYFIELD COMMERCIAL LIMITED REGISTERED NUMBER: 15677654 BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2026 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 by:
Anil Nathan
Director
Date: 31 July 2026
The notes on pages 3 to 11 form part of these financial statements. Page 2
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
1. | General information
Fyfield Commercial Limited is a private company limited by shares, incorporated in England. The registered number is 15677654 and the registered office is Gm Works Moreton Road, Fyfield, Ongar, Essex, United Kingdom, CM5 0RB. The Company is the parent of a small 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 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 | Going concern
The financial statements have been prepared on the going concern basis, which assumes that the Company will continue in operation for the foreseeable future. The directors have confirmed that the Company will have the continued financial support of Fyfield Village Vets Limited and its directors, in order to meet financial obligations as and when they fall due. Based upon this, the Directors believe that the Company will have sufficient resources to enable it to continue to operate for a period of at least twelve months from the date of approval of these financial statements.
| 2.3 | 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: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026 2.Accounting policies (continued)
| 2.6 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.7 | 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.
| 2.8 | 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
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. Page 4
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026 2.Accounting policies (continued)
| 2.9 | 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, 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.
| 2.10 | 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. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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.
| 2.15 | 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 5
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026 2.Accounting policies (continued)
| 2.15 | 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. Page 6
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026 2.Accounting policies (continued)
| 2.15 | Financial instruments (continued)
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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2025 - 2).
4. | Tangible fixed assets
|  | Freehold property
|  | £
| Cost or valuation |
| Transfers between classes | 513,794
| At 30 April 2026 | 513,794
| Net book value |
| At 30 April 2026 | 513,794
Page 7
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 May 2025 | 100
| At 30 April 2026 | 100
6. | Investment property
|  | Freehold investment property
|  | £
| At 1 May 2025 | 513,794
| Transfers between classes | (513,794)
| At 30 April 2026 | -
During the year, a property previously held as investment property was transferred to tangible fixed assets.
Page 8
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
7. | Debtors
|  |  |  |  | 2026
|  |  |  |  | £
| Amounts owed by group undertakings | 369,384
| Prepayments and accrued income | 16,040
| Deferred taxation | 327
|  | 385,751
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026
|  |  |  |  | £
| Bank loans | 32,710
| Other creditors | 230,492
| Accruals and deferred income | 3,000
|  | 266,202
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026
|  |  |  |  | £
| Bank loans | 684,838
|  | 684,838
| The following liabilities were secured:
|  |  |  |  | 2026
|  |  |  |  | £
| Bank loans | 717,548
|  | 717,548
| Details of security provided:
Included in amounts due within one year and after more than one year is a bank loan amounting to £717,548. This bank loan is secured by fixed charges over the assets of the Company. Page 9
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2026
|  |  |  |  | £
| Amounts falling due within one year |
| Bank loans | 32,710
|  | 32,710
| Amounts falling due 1-2 years |
| Bank loans | 35,136
|  | 35,136
| Amounts falling due 2-5 years |
| Bank loans | 121,829
|  | 121,829
| Amounts falling due after more than 5 years |
| Bank loans | 527,873
|  | 527,873
|  | 717,548
Page 10
FYFIELD COMMERCIAL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
11. | Deferred taxation
|  | 2026
|  | £
| Charged to profit or loss | 327
| At end of year | 327
| The deferred tax asset is made up as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Tax losses carried forward | 327 | -
|  | 327 | -
12. | Share capital
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2 (2025 - 2) Ordinary shares of £1.00 each | 2 | 2
|  | 1 (2025 - NIL) A Ordinary share of £1.00 | 1 | -
|  | 1 (2025 - NIL) B Ordinary share of £1.00 | 1 | -
|  | 1 (2025 - NIL) C Ordinary share of £1.00 | 1 | -
|  | 1 (2025 - NIL) D Ordinary share of £1.00 | 1 | -
|  | 1 (2025 - NIL) E Ordinary share of £1.00 | 1 | -
|  | 1 (2025 - NIL) F Ordinary share of £1.00 | 1 | -
|  | 1 (2025 - NIL) G Ordinary share of £1.00 | 1 | -
|  | 1 (2025 - NIL) H Ordinary share of £1.00 | 1 | -
|  |  | 10 | 2
During the year, the company issued 8 shares with a nominal value of £1.00 each, comprising class A to H Ordinary Shares.
13. | Related party transactions
During the period, the company operated a loan account with Fyfield Village Vets Limited, a subsidiary entity within the group. The balance owed from Fyfield Village Vets Limited at the period end was £369,384 (2025 - £203,685). During the period, the Company operated a loan account with the directors. The balance owed to the directors at the period end was £230,492 (2025 - £80,198). The balance is repayable on demand and no interest is charged on the balance.
Page 11