Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31false2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue2022-11-11No description of principal activity 14479354 2022-11-10 14479354 2022-11-11 2023-05-31 14479354 2021-11-11 2022-11-10 14479354 2023-05-31 14479354 c:Director1 2022-11-11 2023-05-31 14479354 c:Director2 2022-11-11 2023-05-31 14479354 d:CurrentFinancialInstruments 2023-05-31 14479354 d:Non-currentFinancialInstruments 2023-05-31 14479354 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 14479354 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 14479354 d:ShareCapital 2023-05-31 14479354 d:RetainedEarningsAccumulatedLosses 2023-05-31 14479354 c:FRS102 2022-11-11 2023-05-31 14479354 c:AuditExempt-NoAccountantsReport 2022-11-11 2023-05-31 14479354 c:FullAccounts 2022-11-11 2023-05-31 14479354 c:PrivateLimitedCompanyLtd 2022-11-11 2023-05-31 14479354 6 2022-11-11 2023-05-31 iso4217:GBP xbrli:pure

Registered number: 14479354










GOTTS & WALKER LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2023

 
GOTTS & WALKER LIMITED
REGISTERED NUMBER: 14479354

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
Note
£

Fixed assets
  

Investments
 4 
1,521,895

  
1,521,895

Current assets
  

Debtors: amounts falling due within one year
 5 
2,576

Cash at bank and in hand
 6 
80

  
2,656

Creditors: amounts falling due within one year
 7 
(800,244)

Net current (liabilities)/assets
  
 
 
(797,588)

Total assets less current liabilities
  
724,307

Creditors: amounts falling due after more than one year
 8 
(700,000)

  

Net assets
  
24,307


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
24,207

  
24,307


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 Period 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 income statement 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 15 January 2024.


Page 1

 
GOTTS & WALKER LIMITED
REGISTERED NUMBER: 14479354
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2023



Nigel George Gotts
James Arthur Walker
Director
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GOTTS & WALKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

1.


General information

Gotts and Walker Limited is a private company limited by shares and incorporated in England and Wales,
registration number 14479354. The registered office is Rowlands Woodhouse Laundry Loke Industrial Estate, Folgate Road, North Walsham, England, NR28 0AJ.

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

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.

 
2.3

Taxation

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.

 
2.4

Valuation of investments

Investments in subsidiary companies are carried at fair value value at the balance sheet date, based upon the financial statements of the undertaking.
Revaluation gains and losses are recognised in the revaluation reserve unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.5

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.

 
2.6

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.

Page 3

 
GOTTS & WALKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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 period was 2.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
1,521,895



At 31 May 2023
1,521,895





5.


Debtors

2023
£


Trade debtors
2,436

Other debtors
140

2,576


Page 4

 
GOTTS & WALKER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2023

6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
80

80



7.


Creditors: Amounts falling due within one year

2023
£

Amounts owed to group undertakings
707,605

Corporation tax
283

Other creditors
91,322

Accruals and deferred income
1,034

800,244



8.


Creditors: Amounts falling due after more than one year

2023
£

Other creditors
700,000

700,000


 
Page 5