El Casa Property Company Limited

Registered number

00311870

Unaudited

Filleted Accounts

31 March 2026

El Casa Property Company Limited
Registered number: 00311870

Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		-			-
Investments	4		5,335,000			5,365,077
			5,335,000			5,365,077

Current assets
Stocks		-			-
Debtors	5	69,860			37,670
Cash at bank and in hand		490,093			682,333
		559,953			720,003

Creditors: amounts falling due within one year	6	(326,482)			(231,136)

Net current assets			233,471			488,867

Total assets less current liabilities			5,568,471			5,853,944

Creditors: amounts falling due after more than one year	7		(422,400)			-

Provisions for liabilities			-			-

Net assets			5,146,071			5,853,944

Capital and reserves
Called up share capital			700			700
Revaluation reserve	8		2,329,804			-
Profit and loss account			2,815,567			5,853,244

Shareholders' funds			5,146,071			5,853,944














(continued)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Christopher O'Brien
Director
Approved by the board on 31 July 2026
Registered number:		00311870

El Casa Property Company Limited

Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					3		3










3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	-		14,058		-		14,058
	Additions	-		-		-		-
	Surplus on revaluation	-		-		-		-
	Demerger transfers	-		-		-		-
	Disposals	-		-		-		-
	At 31 March 2026	-		14,058		-		14,058

	Depreciation
	At 1 April 2025	-		14,058		-		14,058
	Charge for the year	-		-		-		-
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 31 March 2026	-		14,058		-		14,058

	Net book value
	At 31 March 2026	-		-		-		-
	At 31 March 2025	-		-		-		-


	Freehold land and buildings:					2026		2025
£							£
	Historical cost					-		-
	Cumulative depreciation based on historical cost					-		-
						-		-

4	Investments
Investments in
subsidiary					Other
undertakings					investments		Total
£					£		£
	Cost
	At 1 April 2025			-		5,365,077		5,365,077
	Additions			-		-		-
	Revaluation			-		2,329,804		2,329,804
	Demerger transfers			-		(2,359,881)		(2,359,881)

	At 31 March 2026			-		5,335,000		5,335,000

	Historical cost
	At 1 April 2025			-
	At 31 March 2026			-		3,005,916





5	Debtors					2026		2025
£							£

	Trade debtors					-		25,508
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					69,860		-
	Other debtors					-		12,162
						69,860		37,670

	Amounts due after more than one year included above					-		-


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					-		-
	Trade creditors					-		25,954
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					-		-
	Taxation and social security costs					27,674		141,002
	Other creditors					298,808		64,180
						326,482		231,136

7	Creditors: amounts falling due after one year					2026		2025
£							£

	Other creditors					422,400		-
						422,400		-


8	Revaluation reserve					2026		2025
£							£

	At 1 April 2025					-		-
	Gain on revaluation of land and buildings					1,665,498		-
	Deferred taxation arising on the revaluation of land and buildings					664,306		-

	At 31 March 2026					2,329,804		-

9	Related party transactions

	Included within creditors due within one year is an amount owed to directors of the Company amounting to £29,489 (2025: £41,079). This amount is interest free and repayable upon demand


10	Controlling party

	Following a share reduction de-merger during the year under review, the company is now a wholly owned subsidiary of Sahben Holdings Limited (2025: OBD Holdings Limited)

11	Other information

	El Casa Property Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
	2a Eardley Road
	Sevenoaks
	Kent
	TN13 1XT