Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity00truetruefalse 06511545 2023-04-01 2024-03-31 06511545 2022-04-01 2023-03-31 06511545 2024-03-31 06511545 2023-03-31 06511545 c:Director1 2023-04-01 2024-03-31 06511545 d:CurrentFinancialInstruments 2024-03-31 06511545 d:CurrentFinancialInstruments 2023-03-31 06511545 d:CurrentFinancialInstruments 2 2024-03-31 06511545 d:CurrentFinancialInstruments 2 2023-03-31 06511545 d:Non-currentFinancialInstruments 2024-03-31 06511545 d:Non-currentFinancialInstruments 2023-03-31 06511545 d:Non-currentFinancialInstruments 1 2024-03-31 06511545 d:Non-currentFinancialInstruments 1 2023-03-31 06511545 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06511545 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06511545 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 06511545 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 06511545 d:ShareCapital 2024-03-31 06511545 d:ShareCapital 2023-03-31 06511545 d:RetainedEarningsAccumulatedLosses 2024-03-31 06511545 d:RetainedEarningsAccumulatedLosses 2023-03-31 06511545 c:OrdinaryShareClass1 2023-04-01 2024-03-31 06511545 c:OrdinaryShareClass1 2024-03-31 06511545 c:OrdinaryShareClass1 2023-03-31 06511545 c:OrdinaryShareClass2 2023-04-01 2024-03-31 06511545 c:OrdinaryShareClass2 2024-03-31 06511545 c:OrdinaryShareClass2 2023-03-31 06511545 c:OrdinaryShareClass3 2023-04-01 2024-03-31 06511545 c:OrdinaryShareClass3 2024-03-31 06511545 c:OrdinaryShareClass3 2023-03-31 06511545 c:PreferenceShareClass1 2023-04-01 2024-03-31 06511545 c:PreferenceShareClass1 2024-03-31 06511545 c:PreferenceShareClass1 2023-03-31 06511545 c:PreferenceShareClass2 2023-04-01 2024-03-31 06511545 c:PreferenceShareClass2 2024-03-31 06511545 c:PreferenceShareClass2 2023-03-31 06511545 c:FRS102 2023-04-01 2024-03-31 06511545 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06511545 c:FullAccounts 2023-04-01 2024-03-31 06511545 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06511545 6 2023-04-01 2024-03-31 06511545 f:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 06511545










WCFS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
WCFS LIMITED
REGISTERED NUMBER: 06511545

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
93,220
93,220

Current asset investments
 6 
693,875
693,875

Cash at bank and in hand
  
270,385
261,466

  
1,057,480
1,048,561

Creditors: amounts falling due within one year
 7 
(60,641)
(60,551)

Net current assets
  
 
 
996,839
 
 
988,010

Total assets less current liabilities
  
996,939
988,110

Creditors: amounts falling due after more than one year
 8 
(814,667)
(814,667)

  

Net assets
  
182,272
173,443


Capital and reserves
  

Called up share capital 
 9 
173,433
173,433

Profit and loss account
  
8,839
10

  
182,272
173,443


Page 1

 
WCFS LIMITED
REGISTERED NUMBER: 06511545
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 his 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 by: 




J A Holme
Director

Date: 30 September 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
WCFS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

WCFS Limited, 06511545, is a private limited company, limited by shares, incorporated in England and Wales, with its registered office address and principal place of business at Belmont House, Shrewsbury Business Park, Shrewsbury, SY2 6LG. 

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
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

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.

 
2.5

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 0 (2023 - 0).

Page 3

 
WCFS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
100



At 31 March 2024
100





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
93,220
93,220

93,220
93,220



6.


Current asset investments

2024
2023
£
£

Unlisted investments
693,875
693,875

693,875
693,875



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
8,641
8,551

Share capital treated as debt
52,000
52,000

60,641
60,551


Page 4

 
WCFS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Share capital treated as debt
814,667
814,667

814,667
814,667


Page 5

 
WCFS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Share capital

2024
2023
£
£
Shares classified as equity

Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100
1,040,000 (2023 - 1,040,000) Ordinary Cumulative Preference shares of £1.00 each
1,040,000
1,040,000
866,667 (2023 - 866,667) Ordinary Cumulative Preference shares of £(1.00) each
(866,667)
(866,667)

173,433

173,433

2024
2023
£
£
Shares classified as debt

Allotted, called up and fully paid



173,333 (2023 - 173,333) Ordinary shares of £(1.00) each
(173,333)
(173,333)
1,040,000 (2023 - 1,040,000) Ordinary Cumulative Preference shares of £1.00 each
1,040,000
1,040,000

866,667

866,667


 
Page 6