Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 19 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity true 2025-01-01 20 true false 10796240 2025-01-01 2025-12-31 10796240 2024-01-01 2024-12-31 10796240 2025-12-31 10796240 2024-12-31 10796240 c:Director4 2025-01-01 2025-12-31 10796240 d:CurrentFinancialInstruments 2025-12-31 10796240 d:CurrentFinancialInstruments 2024-12-31 10796240 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 10796240 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10796240 d:ShareCapital 2025-12-31 10796240 d:ShareCapital 2024-12-31 10796240 d:RetainedEarningsAccumulatedLosses 2025-12-31 10796240 d:RetainedEarningsAccumulatedLosses 2024-12-31 10796240 c:OrdinaryShareClass1 2025-01-01 2025-12-31 10796240 c:OrdinaryShareClass1 2025-12-31 10796240 c:OrdinaryShareClass1 2024-12-31 10796240 c:FRS102 2025-01-01 2025-12-31 10796240 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10796240 c:FullAccounts 2025-01-01 2025-12-31 10796240 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10796240 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10796240 OPPENHEIMER GENERATIONS (UK) LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
OPPENHEIMER GENERATIONS (UK) LIMITED REGISTERED NUMBER: 10796240 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 583,304 |  | 790,129 |
Cash at bank and in hand |  | 487,819 |  | 588,416 |
|  | 1,071,123 |  | 1,378,545 |
Creditors: amounts falling due within one year | 6 | (908,630) |  | (1,217,939) |
Net current assets |  |  | 162,493 |  | 160,606
Net assets |  |  | 162,493 |  | 160,606
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 2 |  | 2
Profit and loss account |  |  | 162,491 |  | 160,604
|  |  | 162,493 |  | 160,606
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 by:
C J White
Director
Date: 5 August 2026
The notes on pages 2 to 5 form part of these financial statements. Page 1
OPPENHEIMER GENERATIONS (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Oppenheimer Generations (UK) Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the registered office is given on the Company Information page. The Company was incorporated on the 31 May 2017, and shares were allotted to Mr J Oppenheimer and Mr N Oppenheimer on 14 July 2017. The principal activity of the Company is to provide shared services and in turn shared costs to Mr J Oppenheimer and Mr N Oppenheimer. 2.Statement of 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 | Statement of going concern
The Company incurs costs on behalf of Mr J Oppenheimer and Mr N Oppenheimer, from whom it recovers all costs in line with the cost sharing agreement with these parties. Whilst the Company remains dependent on a single source of revenue from its ultimate owners, the directors are not aware of any reason that this agreement will be terminated in the foreseeable future. The nature of the agreement with the ultimate owners provides a high degree of certainty that the Company will continue to be profitable and, historically, the Company has received income in a timely manner in order to manage its obligations (which are relatively predictable in nature). As a result, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being at least 12 months from the date of approval of the report. Accordingly, the directors continue to apply the going concern basis in preparing the financial statements. The Company’s financial position at the year end is net assets of £162,493 (2024: £160,606) and together with a letter of support from the two shareholders the directors believe that the Company has adequate financial resources for the foreseeable future being at least 12 months from the approval of the financial statements. As a result, the going concern basis of accounting has been adopted.
| 2.3 | Revenue
Expenses recovered represent the total of expenses incurred in the year and allocated between the owners of the Company, as they are incurred. All expenses are attributable to this one activity and under the cost sharing agreement 100% of expenses incurred are rechargeable. Expenses recovered are accounted for on an accruals basis when services are rendered and economic benefits associated with the expenses recovered are expected to flow to the Company. Expenses recovered are measured as the fair value of consideration receivable for the services provided in the normal course of business. Page 2
OPPENHEIMER GENERATIONS (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Statement of accounting policies (continued)
| 2.4 | Taxation
Current and deferred tax, including UK corporation tax, is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the Company’s taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.
| 2.5 | Pension costs
The Company has made contributions for qualifying employees into individual defined contribution plans. The plan is the employees’ personal plan and is not administered by the Company. The costs are charged to the profit and loss account as they fall due.
| 2.6 | Financial assets and liabilities
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities are only offset in the balance sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the Company, despite having retained some, but not all, of the significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. Current debtors and creditors are subsequently measured at the undiscounted amount of the cash or other consideration expected to be paid or received net of impairment. Non-current liabilities are subsequently measured at amortised cost using the effective interest method.
| 2.7 | Deposits on account
Deposits on account are held to cover short term operating expenses of the Company before reimbursement by Mr N Oppenheimer and Mr J Oppenheimer and disclosed as deposits on account under creditors due within one year (note 7). Page 3
OPPENHEIMER GENERATIONS (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. | Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company’s accounting policies, which are described in note 2, the directors are required to make judgements that have a significant impact on the amounts recognised. The directors do not consider there to be any critical judgements or sources of estimation uncertainty that would have a significant impact on the amounts recognised in the financial statements.
4. | Employees
| The average monthly number of employees, including directors, during the year was 20 (2024 - 19).
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by other related parties | 560,543 | 740,235
| Other debtors | 21,776 | 49,894
| Prepayments and accrued income | 985 | -
|  | 583,304 | 790,129
| Amounts owed by other related parties are unsecured, interest free and repayable on demand.
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 18,335 | 16,978
| Deposits on account | 761,773 | 750,000
| Other taxation and social security | 102,585 | 180,880
| Other creditors | 19,637 | 24,958
| Accruals and deferred income | 6,300 | 245,123
|  | 908,630 | 1,217,939
| Deposits on account are to cover short term operating expenses of the Company before reimbursement by Mr N Oppenheimer and Mr J Oppenheimer.
7. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2 (2024 - 2) Ordinary shares shares of £1.00 each | 2 | 2
Page 4
OPPENHEIMER GENERATIONS (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. | Controlling party
The Company is owned by Mr J Oppenheimer and Mr N Oppenheimer who each hold a share in the Company. There is no smallest or largest group in which the Company consolidates and no ultimate controlling party.
9. | Related party transactions
| Mr J Oppenheimer and Mr N Oppenheimer signed a cost sharing agreement with the Company in 2018. This agreement stated that the costs incurred would be shared between Mr J Oppenheimer and Mr N Oppenheimer and 100% reimbursed. During the 12 months ended 31 December 2025, £2,898,129 (31 December 2024: £1,956,525) of expenses were recovered from Mr J Oppenheimer and £935,524 (31 December 2024: £855,837) of expenses were recovered from Mr N Oppenheimer. As at 31 December 2025 £140,708 (31 December 2024: £244,026) was due from Mr N Oppenheimer and £419,572 (31 December 2024: £496,209) was due from Mr J Oppenheimer. Both balances were settled in full in January 2025. Deposits on account held by the Company were made by Mr J Oppenheimer £440,000 (31 December 2024: £440,000) and Mr N Oppenheimer £321,773 (31 December 2024: £310,000). There were no further transactions with any of the Directors during the year.
Page 5