Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 The principal activity of the company in th year under review was the holding of investments.2025-04-01 false 2 2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10038707 2025-04-01 2026-03-31 10038707 2024-04-01 2025-03-31 10038707 2026-03-31 10038707 2025-03-31 10038707 c:Director1 2025-04-01 2026-03-31 10038707 d:MotorVehicles 2025-04-01 2026-03-31 10038707 d:MotorVehicles 2026-03-31 10038707 d:MotorVehicles 2025-03-31 10038707 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 10038707 d:ComputerEquipment 2025-04-01 2026-03-31 10038707 d:ComputerEquipment 2026-03-31 10038707 d:ComputerEquipment 2025-03-31 10038707 d:ComputerEquipment d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 10038707 d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 10038707 d:FreeholdInvestmentProperty 2025-04-01 2026-03-31 10038707 d:FreeholdInvestmentProperty 2026-03-31 10038707 d:FreeholdInvestmentProperty 2025-03-31 10038707 d:CurrentFinancialInstruments 2026-03-31 10038707 d:CurrentFinancialInstruments 2025-03-31 10038707 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 10038707 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 10038707 d:ShareCapital 2026-03-31 10038707 d:ShareCapital 2025-03-31 10038707 d:InvestmentPropertiesRevaluationReserve 2026-03-31 10038707 d:InvestmentPropertiesRevaluationReserve 2025-03-31 10038707 d:RetainedEarningsAccumulatedLosses 2026-03-31 10038707 d:RetainedEarningsAccumulatedLosses 2025-03-31 10038707 c:FRS102 2025-04-01 2026-03-31 10038707 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 10038707 c:FullAccounts 2025-04-01 2026-03-31 10038707 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10038707 e:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Registered number: 10038707 O'CONNELL HOLDINGS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2026
O'CONNELL HOLDINGS LTD REGISTERED NUMBER: 10038707 BALANCE SHEET AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 123 |  | 164
Investment property | 5 |  | 19,000 |  | 38,000
|  |  | 19,123 |  | 38,164
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 543 |  | 402 |
Cash at bank and in hand |  | 253,294 |  | 259,211 |
|  | 253,837 |  | 259,613 |
Creditors: amounts falling due within one year | 7 | (2,818) |  | (3,163) |
Net current assets |  |  | 251,019 |  | 256,450
Total assets less current liabilities |  |  | 270,142 |  | 294,614
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (4,681) |  | (910) |
|  |  | (4,681) |  | (910)
Net assets |  |  | 265,461 |  | 293,704
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2,000 |  | 2,000
Investment property reserve |  |  | 15,066 |  | 30,132
Profit and loss account |  |  | 248,395 |  | 261,572
|  |  | 265,461 |  | 293,704
Page 1
O'CONNELL HOLDINGS LTD REGISTERED NUMBER: 10038707 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 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 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 on 3 August 2026.
Barry O'Connell
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
O'CONNELL HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
O'Connell Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address and number are below: Registered address: MHA House Charter Court, Phoenix Way, Swansea Enterprise Park, Swansea, United Kingdom, SA7 9FS. Registered number: 10038707 The presentation currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £. 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.
| 2.2 | Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors which are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only effects that period, or in the period of the revision and futre periods if the revision affects both current and future periods. The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amount recognised in the financial statements. I mpairment of assets Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the income statement. Provisions and contingencies Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefit is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable. Page 3
O'CONNELL HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.3 | Going concern
The directors have reviewed the company's financial position, including its cash flow forecasts and expected future trading performance, and are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
| 2.4 | 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.
| 2.5 | 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. Page 4
O'CONNELL HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 25% | on reducing balance
|  |  |  | Computer equipment | - | 25% | on cost
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.
| 2.6 | Investment property
Investment property is carried at fair value determined annually by external valuers 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. Page 5
O'CONNELL HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.7 | 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 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. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.
| 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. Page 6
O'CONNELL HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
|  | Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in nonconvertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in the Income Statement. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in the Income Statement.
3. | Employees
The average number of employees during the year was 2 (2025 - 2).
4. | Tangible fixed assets
|  | Motor vehicles | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2025 | 2,000 | 549 | 2,549
| At 31 March 2026 | 2,000 | 549 | 2,549
| Depreciation |  |  |
| At 1 April 2025 | 1,837 | 548 | 2,385
| Charge for the year on owned assets | 41 | - | 41
| At 31 March 2026 | 1,878 | 548 | 2,426
| Net book value |  |  |
| At 31 March 2026 | 122 | 1 | 123
| At 31 March 2025 | 163 | 1 | 164
Page 7
O'CONNELL HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
5. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2025 | 38,000
| Disposals | (19,000)
| At 31 March 2026 | 19,000
The 2026 valuations were made by the directors, on an open market value basis.
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Revaluation reserves |  |
| At 1 April 2025 | 30,132 | 35,498
| Net deficit in movement properties | (15,066) | (5,366)
| At 31 March 2026 | 15,066 | 30,132
| Investment property - continued
|  | £
| Fair value at 31 March 2026 is represented by: |
| Valuation in 2018 | 56,000
| Valuation in 2019 | 8,000
| Valuation in 2020 | 8,000
| Valuation in 2021 | (27,000)
| Valuation in 2022 | -
| Valuation in 2023 | 2,500
| Valuation in 2024 | -
| Valuation in 2025 | (9,500)
| Valuation in 2026 | (19,000)
|  | 19,000
Page 8
O'CONNELL HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Other debtors | 285 | 160
| Prepayments and accrued income | 258 | 242
|  | 543 | 402
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Other creditors | 556 | 1,153
| Accruals and deferred income | 2,262 | 2,010
|  | 2,818 | 3,163
Page 9