Caseware UK (AP4) 2022.0.179 2022.0.179 2022-06-302022-06-30112021-07-01falseNo description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10178756 2021-07-01 2022-06-30 10178756 2022-06-30 10178756 2020-07-01 2021-06-30 10178756 2021-06-30 10178756 c:Director1 2021-07-01 2022-06-30 10178756 d:ComputerEquipment 2021-07-01 2022-06-30 10178756 d:ComputerEquipment 2022-06-30 10178756 d:ComputerEquipment 2021-06-30 10178756 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-07-01 2022-06-30 10178756 d:CurrentFinancialInstruments 2022-06-30 10178756 d:CurrentFinancialInstruments 2021-06-30 10178756 d:Non-currentFinancialInstruments 2022-06-30 10178756 d:Non-currentFinancialInstruments 2021-06-30 10178756 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 10178756 d:CurrentFinancialInstruments d:WithinOneYear 2021-06-30 10178756 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 10178756 d:Non-currentFinancialInstruments d:AfterOneYear 2021-06-30 10178756 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-06-30 10178756 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2021-06-30 10178756 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-06-30 10178756 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-06-30 10178756 d:ShareCapital 2022-06-30 10178756 d:ShareCapital 2021-06-30 10178756 d:RetainedEarningsAccumulatedLosses 2022-06-30 10178756 d:RetainedEarningsAccumulatedLosses 2021-06-30 10178756 c:FRS102 2021-07-01 2022-06-30 10178756 c:AuditExempt-NoAccountantsReport 2021-07-01 2022-06-30 10178756 c:FullAccounts 2021-07-01 2022-06-30 10178756 c:PrivateLimitedCompanyLtd 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure
Registered number: 10178756


WILD AT HEART FOUNDATION TRADING LIMITED








UNAUDITED

PAGES FOR FILING WITH REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2022

 
WILD AT HEART FOUNDATION TRADING LIMITED
REGISTERED NUMBER: 10178756

BALANCE SHEET
AS AT 30 JUNE 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
236
485

  
236
485

Current assets
  

Stocks
  
14,822
20,004

Debtors: amounts falling due within one year
 5 
2,243
17,202

Cash at bank and in hand
 6 
10,611
31,417

  
27,676
68,623

Creditors: amounts falling due within one year
 7 
(29,955)
(34,098)

Net current (liabilities)/assets
  
 
 
(2,279)
 
 
34,525

Total assets less current liabilities
  
(2,043)
35,010

Creditors: amounts falling due after more than one year
 8 
(30,646)
(39,352)

  

Net liabilities
  
(32,689)
(4,342)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(32,690)
(4,343)

  
(32,689)
(4,342)

Page 1

 
WILD AT HEART FOUNDATION TRADING LIMITED
REGISTERED NUMBER: 10178756
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2022

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 her 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: 




................................................
N Tibbles
Director
Date: 18 October 2023

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
WILD AT HEART FOUNDATION TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

1.


General information

Wild at Heart Foundation Trading Limited is a private company, limited by shares and incorporated in England and Wales. The registered office is 1 Vincent Square, London, SW1P 2PN.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

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.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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 3

 
WILD AT HEART FOUNDATION TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%

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

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 weighted average 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 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

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.

Page 4

 
WILD AT HEART FOUNDATION TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 July 2021
755



At 30 June 2022

755



Depreciation


At 1 July 2021
270


Charge for the year on owned assets
249



At 30 June 2022

519



Net book value



At 30 June 2022
236



At 30 June 2021
485


5.


Debtors

2022
2021
£
£


Trade debtors
72
-

Amounts owed by group undertakings
-
10,723

Other debtors
1,632
1,187

Prepayments and accrued income
539
5,292

2,243
17,202


Page 5

 
WILD AT HEART FOUNDATION TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
10,611
31,417

10,611
31,417



7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank loans
10,648
10,648

Trade creditors
14,419
22,250

Amounts owed to group undertakings
3,688
-

Accruals and deferred income
1,200
1,200

29,955
34,098



8.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
30,646
39,352

30,646
39,352


Page 6

 
WILD AT HEART FOUNDATION TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

9.


Loans


Analysis of the maturity of loans is given below:


2022
2021
£
£

Amounts falling due within one year

Bank loans
10,648
10,648


10,648
10,648

Amounts falling due 1-2 years

Bank loans
10,648
10,648


10,648
10,648

Amounts falling due 2-5 years

Bank loans
19,998
28,703


19,998
28,703


41,294
49,999



10.


Related party transactions

The company profits generated are donated to its parent company, Wild at Heart Foundation, under the terms of its Constitution.  
As at the year end, the company owed £3,686 to (2021: £10,723 owed from)  Wild at Heart Foundation. 
Administrative costs of the company are met either by the parent charity, or its main sponsoring company Nikki Tibbles at Wild at Heart Ltd. 

 
Page 7