Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05954151 2022-11-01 2023-10-31 05954151 2021-11-01 2022-10-31 05954151 2023-10-31 05954151 2022-10-31 05954151 c:Director2 2022-11-01 2023-10-31 05954151 d:Buildings 2022-11-01 2023-10-31 05954151 d:Buildings 2023-10-31 05954151 d:Buildings 2022-10-31 05954151 d:Buildings d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05954151 d:Buildings d:LongLeaseholdAssets 2022-11-01 2023-10-31 05954151 d:Buildings d:LongLeaseholdAssets 2023-10-31 05954151 d:Buildings d:LongLeaseholdAssets 2022-10-31 05954151 d:Buildings d:ShortLeaseholdAssets 2022-11-01 2023-10-31 05954151 d:PlantMachinery 2022-11-01 2023-10-31 05954151 d:PlantMachinery 2023-10-31 05954151 d:PlantMachinery 2022-10-31 05954151 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05954151 d:MotorVehicles 2022-11-01 2023-10-31 05954151 d:MotorVehicles 2023-10-31 05954151 d:MotorVehicles 2022-10-31 05954151 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05954151 d:FurnitureFittings 2022-11-01 2023-10-31 05954151 d:FurnitureFittings 2023-10-31 05954151 d:FurnitureFittings 2022-10-31 05954151 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05954151 d:OfficeEquipment 2022-11-01 2023-10-31 05954151 d:OfficeEquipment 2023-10-31 05954151 d:OfficeEquipment 2022-10-31 05954151 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05954151 d:OtherPropertyPlantEquipment 2022-11-01 2023-10-31 05954151 d:OtherPropertyPlantEquipment 2023-10-31 05954151 d:OtherPropertyPlantEquipment 2022-10-31 05954151 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05954151 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05954151 d:CurrentFinancialInstruments 2023-10-31 05954151 d:CurrentFinancialInstruments 2022-10-31 05954151 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05954151 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05954151 d:ShareCapital 2023-10-31 05954151 d:ShareCapital 2022-10-31 05954151 d:RetainedEarningsAccumulatedLosses 2023-10-31 05954151 d:RetainedEarningsAccumulatedLosses 2022-10-31 05954151 c:FRS102 2022-11-01 2023-10-31 05954151 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05954151 c:FullAccounts 2022-11-01 2023-10-31 05954151 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05954151 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 05954151 d:AcceleratedTaxDepreciationDeferredTax 2022-10-31 05954151 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 05954151









W R FILM CONSTRUCTION SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
W R FILM CONSTRUCTION SERVICES LIMITED
REGISTERED NUMBER: 05954151

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
177,350
189,585

  
177,350
189,585

Current assets
  

Stocks
  
47,050
50,752

Debtors: amounts falling due within one year
 5 
15,497
11,875

Cash at bank and in hand
 6 
519,044
524,730

  
581,591
587,357

Creditors: amounts falling due within one year
 7 
(28,389)
(47,680)

Net current assets
  
 
 
553,202
 
 
539,677

Total assets less current liabilities
  
730,552
729,262

Provisions for liabilities
  

Deferred tax
 8 
(16,794)
(19,789)

  
 
 
(16,794)
 
 
(19,789)

Net assets
  
713,758
709,473


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
713,658
709,373

  
713,758
709,473


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
 
Page 1

 
W R FILM CONSTRUCTION SERVICES LIMITED
REGISTERED NUMBER: 05954151
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

.

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 comprehensive income 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: 




John Thorpe
Director

Date: 29 July 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
W R FILM CONSTRUCTION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

W R Film Construction Services Limited ia a private company limited by shares and registered in England and Wales.  Its registered office is Building Society Chambers, Wesley Street, Otley, LS21 1AZ and its company number is 05954151.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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:

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.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
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 and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 3

 
W R FILM CONSTRUCTION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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 balance sheet 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 balance sheet 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 balance sheet date.

 
2.7

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 4

 
W R FILM CONSTRUCTION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, SELECT OR ENTER METHOD.

Depreciation is provided on the following basis:

Freehold property
-
NIL
S/Term Leasehold Property
-
10%
straight line
Plant & machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures & fittings
-
25%
reducing balance
Office equipment
-
25%
reducing balance
Other fixed assets
-
25%
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.

 
2.8

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 first in, first out 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.

 
2.9

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.

 
2.10

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.

 
2.11

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 5

 
W R FILM CONSTRUCTION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

3.


Employees

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


4.


Tangible fixed assets





Freehold property
L/Term Leasehold Property
Plant & machinery
Motor vehicles
Fixtures & fittings

£
£
£
£
£



Cost or valuation


At 1 November 2022
106,195
3,504
97,830
162,170
696


Additions
-
-
-
11,544
-



At 31 October 2023

106,195
3,504
97,830
173,714
696



Depreciation


At 1 November 2022
-
3,504
71,253
108,178
658


Charge for the year on owned assets
-
-
6,673
16,385
14



At 31 October 2023

-
3,504
77,926
124,563
672



Net book value



At 31 October 2023
106,195
-
19,904
49,151
24



At 31 October 2022
106,195
-
26,577
53,992
37
Page 6

 
W R FILM CONSTRUCTION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

           4.Tangible fixed assets (continued)


Office equipment
Other fixed assets
Total

£
£
£



Cost or valuation


At 1 November 2022
5,739
38,030
414,164


Additions
-
-
11,544



At 31 October 2023

5,739
38,030
425,708



Depreciation


At 1 November 2022
3,480
37,505
224,578


Charge for the year on owned assets
573
135
23,780



At 31 October 2023

4,053
37,640
248,358



Net book value



At 31 October 2023
1,686
390
177,350



At 31 October 2022
2,259
525
189,585


5.


Debtors

2023
2022
£
£


Trade debtors
3,360
4,860

Other debtors
5,224
-

Prepayments and accrued income
6,913
7,015

15,497
11,875


Page 7

 
W R FILM CONSTRUCTION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
519,044
524,730

519,044
524,730



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
4,104
2,818

Other taxation and social security
-
20,285

Other creditors
15,238
16,377

Accruals and deferred income
9,047
8,200

28,389
47,680


Page 8

 
W R FILM CONSTRUCTION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

8.


Deferred taxation




2023


£






At beginning of year
(19,789)


Charged to profit or loss
2,995



At end of year
(16,794)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(16,794)
(19,789)

(16,794)
(19,789)


9.


Pension commitments


10.


Related party transactions

During the year the company received services totalling £NIL (2022: £NIL) from J & S Thorpe, a partnership in which J Thorpe, a director, is a partner.
During the year the company received services totalling £78,864 (2022: £77,867) from Jozan Ltd in which J Thorpe is a director.  All transactions were at arm's length and under normal commercial terms.   
During the year the company received services totalling £78,000 (2022: £68,900) from R S Charlton Construction Services, a business of which R Charlton, a director, is the proprietor.  All transactions were at arm's length and under normal commercial terms.                                                                                                                                                                                                                 

 
Page 9