Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-3132022-11-01falseActivities of head offices3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05277779 2022-11-01 2023-10-31 05277779 2021-11-01 2022-10-31 05277779 2023-10-31 05277779 2022-10-31 05277779 2021-11-01 05277779 c:Director1 2022-11-01 2023-10-31 05277779 d:CurrentFinancialInstruments 2023-10-31 05277779 d:CurrentFinancialInstruments 2022-10-31 05277779 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05277779 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05277779 d:ShareCapital 2022-11-01 2023-10-31 05277779 d:ShareCapital 2023-10-31 05277779 d:ShareCapital 2021-11-01 2022-10-31 05277779 d:ShareCapital 2022-10-31 05277779 d:ShareCapital 2021-11-01 05277779 d:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 05277779 d:RetainedEarningsAccumulatedLosses 2023-10-31 05277779 d:RetainedEarningsAccumulatedLosses 2021-11-01 2022-10-31 05277779 d:RetainedEarningsAccumulatedLosses 2022-10-31 05277779 d:RetainedEarningsAccumulatedLosses 2021-11-01 05277779 c:FRS102 2022-11-01 2023-10-31 05277779 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05277779 c:FullAccounts 2022-11-01 2023-10-31 05277779 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05277779 d:Subsidiary7 2022-11-01 2023-10-31 05277779 d:Subsidiary7 1 2022-11-01 2023-10-31 05277779 d:Subsidiary10 2022-11-01 2023-10-31 05277779 d:Subsidiary10 1 2022-11-01 2023-10-31 05277779 d:Subsidiary13 2022-11-01 2023-10-31 05277779 d:Subsidiary13 1 2022-11-01 2023-10-31 05277779 d:Subsidiary15 2022-11-01 2023-10-31 05277779 d:Subsidiary15 1 2022-11-01 2023-10-31 05277779 d:Subsidiary17 2022-11-01 2023-10-31 05277779 d:Subsidiary17 1 2022-11-01 2023-10-31 05277779 6 2022-11-01 2023-10-31 05277779 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 05277779










EWC GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2023

 
EWC GROUP LIMITED
REGISTERED NUMBER: 05277779

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
18,638
18,638

  
18,638
18,638

Current assets
  

Debtors: amounts falling due within one year
 5 
2,286,915
2,286,915

Cash at bank and in hand
 6 
4,997
9,997

  
2,291,912
2,296,912

Creditors: amounts falling due within one year
 7 
(338,326)
(271,326)

Net current assets
  
 
 
1,953,586
 
 
2,025,586

Total assets less current liabilities
  
1,972,224
2,044,224

  

Net assets
  
1,972,224
2,044,224


Capital and reserves
  

Called up share capital 
  
402
402

Profit and loss account
  
1,971,822
2,043,822

  
1,972,224
2,044,224


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 profit and loss account 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 22 July 2024.




Mr C V Free
Director

The notes on pages 4 to 7 form part of these financial statements.
Page 1

 
EWC GROUP LIMITED
REGISTERED NUMBER: 05277779
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023


Page 2

 
EWC GROUP LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 November 2021
402
2,115,822
2,116,224


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
-
-


Contributions by and distributions to owners

Dividends: Equity capital
-
(72,000)
(72,000)


Total transactions with owners
-
(72,000)
(72,000)



At 1 November 2022
402
2,043,822
2,044,224


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
-
-


Contributions by and distributions to owners

Dividends: Equity capital
-
(72,000)
(72,000)


Total transactions with owners
-
(72,000)
(72,000)


At 31 October 2023
402
1,971,822
1,972,224


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
EWC GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

EWC Group Limited is a private company limited by shares incorporated in England and Wales. The principal place of business is Regal House, South Road, Harlow, Essex, CM20 2BL. The functional and presentational currency used is GBP, rounded to the nearest £1.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The company is a parent company of a small group. It is not required to prepare, and it has not prepared group accounts. These financial statements are presented for the company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 The  following principal accounting policies have been applied:                             

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

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.

 
2.4

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.

 
2.5

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.

Page 4

 
EWC GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.6

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.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.
 

 
2.7

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 3 (2022 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2022
18,638



At 31 October 2023
18,638




Page 5

 
EWC GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Registered office

Principal activity
 

Class of shares

Holding

Water Care Africa
South Africa
   Water Treatment  Solutions
 Ordinary
50%
European Water Care Ltd
United Kingdom
   Manufacture of water  Treatment devices
 Ordinary
100%
Oxshott Engineering Co. Ltd
United Kingdom
   Dormant
 Ordinary
100%
European Watercare Ireland
Ireland
   Import and distribution of   water treatment devices
 Ordinary
51%
EWC Nordic
Denmark
   Water treatment solutions
 Ordinary
50%


5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
2,256,915
2,256,915

Other debtors
30,000
30,000

2,286,915
2,286,915



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
4,997
9,997

4,997
9,997



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
338,296
259,296

Other creditors
-
12,000

Accruals and deferred income
30
30

338,326
271,326

         
           Amounts owed to group undertakings are unsecured, interets free, and repayable on demand
.
Page 6

 
EWC GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

8.


Related party transactions

The company has taken advantage of the exemption available in Financial Reporting Standard 102 Section 33 whereby it has not disclosed transactions with any wholly owned subsidiary undertaking of the company.

EWC Group Limited is the parent company of European Water Care Limited, a designated member of Manfreuder Moulding LLP. During the year, EWC Group Limited received loans of £7,000 (2022: £11,000) from Manfreuder Moulding LLP. At the year end, a balance of £43,175 (2022: £36,175) was due to Manfreuder Moulding LLP. This balance was interest free and repayable on demand. 

ESDT Operation Limited is a company in which C V Free and S J Slark are common directors. During the year, ESDT Operations received amounts totaling £72,000 (2022: £78,000) from EWC Group Limited. At the year end, a balance of £295,000 (2022: £223,000) was owed to ESDT Operations Limited. 
Page 7