Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 2025-01-01 false Investment property 1 1 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05633707 2025-01-01 2025-12-31 05633707 2024-01-01 2024-12-31 05633707 2025-12-31 05633707 2024-12-31 05633707 c:Director1 2025-01-01 2025-12-31 05633707 d:PlantMachinery 2025-01-01 2025-12-31 05633707 d:PlantMachinery 2025-12-31 05633707 d:PlantMachinery 2024-12-31 05633707 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05633707 d:OfficeEquipment 2025-01-01 2025-12-31 05633707 d:OfficeEquipment 2025-12-31 05633707 d:OfficeEquipment 2024-12-31 05633707 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05633707 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 05633707 d:CurrentFinancialInstruments 2025-12-31 05633707 d:CurrentFinancialInstruments 2024-12-31 05633707 d:Non-currentFinancialInstruments 2025-12-31 05633707 d:Non-currentFinancialInstruments 2024-12-31 05633707 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 05633707 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 05633707 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 05633707 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 05633707 d:ShareCapital 2025-12-31 05633707 d:ShareCapital 2024-12-31 05633707 d:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 05633707 d:RetainedEarningsAccumulatedLosses 2025-12-31 05633707 d:RetainedEarningsAccumulatedLosses 2024-12-31 05633707 c:OrdinaryShareClass1 2025-01-01 2025-12-31 05633707 c:OrdinaryShareClass1 2025-12-31 05633707 c:OrdinaryShareClass1 2024-12-31 05633707 c:FRS102 2025-01-01 2025-12-31 05633707 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 05633707 c:FullAccounts 2025-01-01 2025-12-31 05633707 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05633707 2 2025-01-01 2025-12-31 05633707 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05633707 BALGORES PROPERTY DEVELOPMENTS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
BALGORES PROPERTY DEVELOPMENTS LIMITED REGISTERED NUMBER: 05633707 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,526 |  | 2,581
Current assets |  |  |  |  |
Stocks | 5 | 692,715 |  | 692,715 |
Cash at bank and in hand | 6 | 13,619 |  | 24,874 |
|  | 706,334 |  | 717,589 |
Creditors: amounts falling due within one year | 7 | (567,575) |  | (567,404) |
Net current assets |  |  | 138,759 |  | 150,185
Total assets less current liabilities |  |  | 140,285 |  | 152,766
Creditors: amounts falling due after more than one year | 8 |  | (15,648) |  | (22,321)
Net assets |  |  | 124,637 |  | 130,445
Capital and reserves |  |  |  |  |
Called up share capital | 9 |  | 100 |  | 100
Profit and loss account | 10 |  | 124,537 |  | 130,345
|  |  | 124,637 |  | 130,445
Page 1
BALGORES PROPERTY DEVELOPMENTS LIMITED REGISTERED NUMBER: 05633707 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 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 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 7 August 2026.
S Shah
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
BALGORES PROPERTY DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Balgores Property Developments Limited is a private company limited by shares, incorporated in England & Wales. The address of the registered office is Leytonstone House, Hanbury Drive, Leytonstone, E11 1GA. 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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. 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.
| 2.3 | Government grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.
| 2.4 | Interest income
Interest income is recognised in the Statement of income and retained earnings using the effective interest method. Page 3
BALGORES PROPERTY DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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.
| 2.6 | Borrowing costs
All borrowing costs are recognised in the Statement of income and retained earnings in the year in which they are incurred.
| 2.7 | Taxation
Tax is recognised in the Statement of income and retained earnings 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.
| 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:
|  |  |  | Plant and machinery | - | 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 the Statement of income and retained earnings. Page 4
BALGORES PROPERTY DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.9 | Stocks
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 on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. 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 the Statement of income and retained earnings.
| 2.10 | 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.
| 2.11 | 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.
| 2.12 | 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. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. 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 receivables, cash and bank balances, are initially measured at their transaction price including transaction costs 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 receivables due with the operating cycle fall into this category of financial instruments. Financial liabilities Page 5
BALGORES PROPERTY DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.12 | Financial instruments (continued)
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments 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 payables, bank loans and other loans are initially measured at their transaction price after transaction costs. 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. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables 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.
3. | Employees
The average monthly number of employees, including directors, during the year was 2 (2024 - 2). Page 6
BALGORES PROPERTY DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Tangible fixed assets
|  | Plant and machinery | Office equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2025 | 2,167 | 5,637 | 7,804
| At 31 December 2025 | 2,167 | 5,637 | 7,804
| Depreciation |  |  |
| At 1 January 2025 | 2,167 | 3,056 | 5,223
| Charge for the year on owned assets | - | 1,055 | 1,055
| At 31 December 2025 | 2,167 | 4,111 | 6,278
| Net book value |  |  |
| At 31 December 2025 | - | 1,526 | 1,526
| At 31 December 2024 | - | 2,581 | 2,581
5. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Work in progress | 692,715 | 692,715
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 13,619 | 24,874
Page 7
BALGORES PROPERTY DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 7,032 | 7,032
| Trade creditors | 3,060 | 1,860
| Corporation tax | - | 11,043
| Other taxation and social security | 5,501 | 3,128
| Other creditors | 541,232 | 542,341
| Accruals and deferred income | 10,750 | 2,000
|  | 567,575 | 567,404
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 15,648 | 22,321
Page 8
BALGORES PROPERTY DEVELOPMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
10. | Reserves
Profit and loss account The profit and loss account represents cumulative distributable profits and losses net of dividends.
11. | Related party transactions
| At the year end amounts of £534,118 (2024 - £542,341) were owed to the director.
12. | Controlling party
The Company's ultimate controlling party is S Shah.
Page 9