Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03917021 2022-03-01 2023-02-28 03917021 2021-03-01 2022-02-28 03917021 2023-02-28 03917021 2022-02-28 03917021 c:Director1 2022-03-01 2023-02-28 03917021 c:Director2 2022-03-01 2023-02-28 03917021 c:RegisteredOffice 2022-03-01 2023-02-28 03917021 d:OtherPropertyPlantEquipment 2022-03-01 2023-02-28 03917021 d:OtherPropertyPlantEquipment 2023-02-28 03917021 d:OtherPropertyPlantEquipment 2022-02-28 03917021 d:CurrentFinancialInstruments 2023-02-28 03917021 d:CurrentFinancialInstruments 2022-02-28 03917021 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 03917021 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 03917021 d:ShareCapital 2023-02-28 03917021 d:ShareCapital 2022-02-28 03917021 d:RetainedEarningsAccumulatedLosses 2023-02-28 03917021 d:RetainedEarningsAccumulatedLosses 2022-02-28 03917021 c:FRS102 2022-03-01 2023-02-28 03917021 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 03917021 c:FullAccounts 2022-03-01 2023-02-28 03917021 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure
Company registration number: 03917021







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
28 FEBRUARY 2023


WARD ANALYTICS LIMITED






































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WARD ANALYTICS LIMITED
 


 
COMPANY INFORMATION


Directors
W. Amer 
D. M. Wellman 




Registered number
03917021



Registered office
PO Box 648 Gateway House Tollgate
Chandler's Ford

Eastleigh

Hampshire

SO50 0ND




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


WARD ANALYTICS LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 5


 


WARD ANALYTICS LIMITED
REGISTERED NUMBER:03917021



STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
5,197
14,180

Cash at bank and in hand
  
21,083
17,484

  
26,280
31,664

Creditors: amounts falling due within one year
 6 
(31,697)
(29,348)

Net current (liabilities)/assets
  
 
 
(5,417)
 
 
2,316

Total assets less current liabilities
  
(5,417)
2,316

  

Net (liabilities)/assets
  
(5,417)
2,316


Capital and reserves
  

Allotted, called up and fully paid share capital
  
100
100

Profit and loss account
  
(5,517)
2,216

  
(5,417)
2,316


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: 




D. M. Wellman
Director

Date: 27 October 2023

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 


WARD ANALYTICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Ward Analytics Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is disclosed on the company information page. The trading address of the business is Albany House, 14 Shute End, Wokingham, Berkshire, RG40 1BJ, United Kingdom.

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

Going concern

As at 28 February 2023 the company had net current liabilities of £5,417 (2022: £2,316 net current assets). 
The company relies upon the continuing support of the director who has expressed his willingness to provide such support for the foreseeable future to enable the company to continue operations.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

  
2.4

Revenue

Revenue is derived from the tuning, analysis and management solution software sales and maintenance. 
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.

Page 2

 


WARD ANALYTICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current 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.

  
2.6

Fixed assets

All fixed assets are initially recorded at cost.

 
2.7

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 -2).

Page 3

 


WARD ANALYTICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Plant and machinery etc.

£



Cost or valuation


At 1 March 2022
420,466


Disposals
(3,624)



At 28 February 2023

416,842



Depreciation


At 1 March 2022
420,466


Disposals
(3,624)



At 28 February 2023

416,842



Net book value



At 28 February 2023
-



At 28 February 2022
-


5.


Debtors

2023
2022
£
£


Other debtors
525
220

Prepayments and accrued income
4,672
5,643

Deferred taxation
-
8,317

5,197
14,180



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
13,273
13,273

Accruals and deferred income
18,424
16,075

31,697
29,348


Page 4

 


WARD ANALYTICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

7.


Transactions with the director

As at 28 February 2023 the company owed £13,273 (2022 - £13,273) to W. Amer and family interests, as included in other creditors in note 6. No interest has been charged on this loan.

 
Page 5