Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 The principal activity of the comapany is that of property rental 2025-04-01 false 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 00621003 2025-04-01 2026-03-31 00621003 2024-04-01 2025-03-31 00621003 2026-03-31 00621003 2025-03-31 00621003 c:Director1 2025-04-01 2026-03-31 00621003 c:Director2 2025-04-01 2026-03-31 00621003 d:FurnitureFittings 2025-04-01 2026-03-31 00621003 d:OfficeEquipment 2025-04-01 2026-03-31 00621003 d:OfficeEquipment 2026-03-31 00621003 d:OfficeEquipment 2025-03-31 00621003 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 00621003 d:FreeholdInvestmentProperty 2026-03-31 00621003 d:FreeholdInvestmentProperty 2025-03-31 00621003 d:FreeholdInvestmentProperty 2 2025-04-01 2026-03-31 00621003 d:CurrentFinancialInstruments 2026-03-31 00621003 d:CurrentFinancialInstruments 2025-03-31 00621003 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 00621003 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 00621003 d:ShareCapital 2026-03-31 00621003 d:ShareCapital 2025-03-31 00621003 d:RevaluationReserve 2026-03-31 00621003 d:RevaluationReserve 2025-03-31 00621003 d:RetainedEarningsAccumulatedLosses 2026-03-31 00621003 d:RetainedEarningsAccumulatedLosses 2025-03-31 00621003 c:FRS102 2025-04-01 2026-03-31 00621003 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 00621003 c:FullAccounts 2025-04-01 2026-03-31 00621003 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 00621003 2 2025-04-01 2026-03-31 00621003 f:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Registered number: 00621003
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 31 MARCH 2026
| JAMES COATES BROS. LIMITED
JAMES COATES BROS. LIMITED REGISTERED NUMBER:00621003 |  |
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 61 |  | 68
Investment property | 5 |  | 475,000 |  | 450,000
|  |  | 475,061 |  | 450,068
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | - |  | 702 |
Cash at bank and in hand |  | 12,715 |  | 68,043 |
|  | 12,715 |  | 68,745 |
Creditors: amounts falling due within one year | 8 | (16,749) |  | (16,417) |
Net current (liabilities)/assets |  |  | (4,034) |  | 52,328
Total assets less current liabilities |  |  | 471,027 |  | 502,396
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (87,245) |  | (80,995) |
|  |  | (87,245) |  | (80,995)
Net assets |  |  | 383,782 |  | 421,401
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2,502 |  | 2,502
Revaluation reserve |  |  | 377,835 |  | 359,085
Profit and loss account |  |  | 3,445 |  | 59,814
|  |  | 383,782 |  | 421,401
Page 1
JAMES COATES BROS. LIMITED REGISTERED NUMBER:00621003 |  |
STATEMENT OF FINANCIAL POSITION (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 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 by:
................................................ Mrs V Roberts | ................................................ Mr J N Ogden
Director | Director
Date: 10 August 2026 |
The notes on pages 3 to 7 form part of these financial statements. Page 2
JAMES COATES BROS. LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
The company is a private company limited by share capital, incorporated in England and Wales. 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 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: 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 or to be incurred in respect of the transaction can be measured reliably.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method. Page 3
JAMES COATES BROS. LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 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 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 probale that they will be recovered against the reversal of deferred tax liabiltiies 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.
| 2.5 | 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. 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:
|  |  |  | Fixtures and fittings | - | 10% | Reducing Balance
|  |  |  | Office equipment | - | 10% | Reducing Balance
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. Page 4
JAMES COATES BROS. LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 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.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | 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.
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2025 - 2).
Page 5
JAMES COATES BROS. LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
4. | Tangible fixed assets
|  | Furniture, fittings and equipment
|  | £
| Cost or valuation |
| At 1 April 2025 | 380
| At 31 March 2026 | 380
| Depreciation |
| At 1 April 2025 | 312
| Charge for the year on owned assets | 7
| At 31 March 2026 | 319
| Net book value |
| At 31 March 2026 | 61
| At 31 March 2025 | 68
5. | Investment property
|  | Investment Property
|  | £
| Valuation |
| At 1 April 2025 | 450,000
| Surplus on revaluation | 25,000
| At 31 March 2026 | 475,000
The directors have revalued the properties at £475,000 (2025: £450,000) which is on an open market basis. There has been no valuation of investment property by an independent valuer.
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | - | 702
|  | - | 702
Page 6
JAMES COATES BROS. LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
7. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 12,715 | 68,043
|  | 12,715 | 68,043
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Corporation tax | 3,668 | 3,767
| Other creditors | 12,081 | 11,650
| Accruals and deferred income | 1,000 | 1,000
|  | 16,749 | 16,417
Page 7