Caseware UK (AP4) 2025.0.111 2025.0.111 2026-04-30 2026-04-30 false 2025-05-01 2 2 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04412744 2025-05-01 2026-04-30 04412744 2024-05-01 2025-04-30 04412744 2026-04-30 04412744 2025-04-30 04412744 c:Director2 2025-05-01 2026-04-30 04412744 d:OfficeEquipment 2026-04-30 04412744 d:OfficeEquipment 2025-04-30 04412744 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-05-01 2026-04-30 04412744 d:ComputerEquipment 2025-05-01 2026-04-30 04412744 d:CurrentFinancialInstruments 2026-04-30 04412744 d:CurrentFinancialInstruments 2025-04-30 04412744 d:CurrentFinancialInstruments d:WithinOneYear 2026-04-30 04412744 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 04412744 d:ShareCapital 2026-04-30 04412744 d:ShareCapital 2025-04-30 04412744 d:OtherMiscellaneousReserve 2026-04-30 04412744 d:OtherMiscellaneousReserve 2025-04-30 04412744 d:RetainedEarningsAccumulatedLosses 2026-04-30 04412744 d:RetainedEarningsAccumulatedLosses 2025-04-30 04412744 c:FRS102 2025-05-01 2026-04-30 04412744 c:AuditExempt-NoAccountantsReport 2025-05-01 2026-04-30 04412744 c:FullAccounts 2025-05-01 2026-04-30 04412744 c:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 04412744 2 2025-05-01 2026-04-30 04412744 d:OtherDeferredTax 2026-04-30 04412744 d:OtherDeferredTax 2025-04-30 04412744 3 2026-04-30 04412744 3 2025-04-30 04412744 f:PoundSterling 2025-05-01 2026-04-30 iso4217:GBP xbrli:pure

Registered number: 04412744 FAR OUT AND SOLID INVESTMENTS LIMITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2026
FAR OUT AND SOLID INVESTMENTS LIMITED REGISTERED NUMBER: 04412744 STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | - |  | 106
Investments | 5 |  | 2,000,000 |  | 2,000,000
|  |  | 2,000,000 |  | 2,000,106
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 4,167 |  | 8,000 |
Cash at bank and in hand |  | 17,093 |  | 17,395 |
|  | 21,260 |  | 25,395 |
Creditors: amounts falling due within one year | 7 | (353,906) |  | (419,340) |
Net current liabilities |  |  | (332,646) |  | (393,945)
Total assets less current liabilities |  |  | 1,667,354 |  | 1,606,161
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (137,367) |  | (137,367) |
|  |  | (137,367) |  | (137,367)
Net assets |  |  | 1,529,987 |  | 1,468,794
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 400 |  | 400
Other reserves |  |  | 761,611 |  | 761,611
Profit and loss account |  |  | 767,976 |  | 706,783
|  |  | 1,529,987 |  | 1,468,794
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. Page 1
FAR OUT AND SOLID INVESTMENTS LIMITED REGISTERED NUMBER: 04412744 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 APRIL 2026 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 12 August 2026.
N. C. Benson
Director
The notes on pages 3 to 8 form part of these financial statements. Page 2
FAR OUT AND SOLID INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
1. | General information
Far Out & Solid Investments Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 7 Meadow Croft, Whitefield, Manchester, M45 7ND. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. 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 comprises net rental income from property.
| 2.3 | 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:
|  |  |  | Computer 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 profit or loss.
| 2.4 | Investment property
Investment property is carried at fair value determined annually by the directors. No depreciation is provided. Page 3
FAR OUT AND SOLID INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026 2.Accounting policies (continued)
| 2.5 | Debtors
Short term debtors are measured at transaction price.
| 2.6 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.7 | 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.
| 2.8 | 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.
| 2.9 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 4
FAR OUT AND SOLID INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | 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. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings. Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2025 - 2).
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FAR OUT AND SOLID INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
4. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 May 2025 | 949
| At 30 April 2026 | 949
| Depreciation |
| At 1 May 2025 | 843
| Charge for the year on owned assets | 106
| At 30 April 2026 | 949
| Net book value |
| At 30 April 2026 | -
| At 30 April 2025 | 106
5. | Fixed asset investments
|  | Other fixed asset investments
|  | £
| Cost or valuation |
| At 1 May 2025 | 2,000,000
| At 30 April 2026 | 2,000,000
| Net book value |
| At 30 April 2026 | 2,000,000
| At 30 April 2025 | 2,000,000
| The 2026 valuations were made by the directors, on an open market value for existing use basis.
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FAR OUT AND SOLID INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Other debtors | 4,167 | 8,000
|  | 4,167 | 8,000
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | 2,760 | -
| Corporation tax | 16,886 | 16,506
| Other creditors | 331,440 | 400,134
| Accruals | 2,820 | 2,700
|  | 353,906 | 419,340
8. | Deferred taxation
|  | 2026
|  | £
| At beginning of year | (137,367)
| At end of year | (137,367)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| On property revaluation surplus | (137,367) | (137,367)
|  | (137,367) | (137,367)
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FAR OUT AND SOLID INVESTMENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026
9. | Related party transactions
| During the year, the formerly unincorporated partnership Chorleywood Properties incorporated as Chorleywood Properties LLP with the two directors in the company remaining partners in the LLP. There were loans of £318,440 outstanding on 30 April 2026 owed to the LLP (2025 £387,133 owed to the old partnership). New Parade Management Limited is a related party as the directors are shareholders in the business. At the Statement of Financial Position date, the company owed New Parade Management Limited £5,500 (2025 - £5,500).
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