Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01No description of principal activityfalse2truetruefalse 01959873 2023-04-01 2024-03-31 01959873 2022-04-01 2023-03-31 01959873 2024-03-31 01959873 2023-03-31 01959873 c:Director1 2023-04-01 2024-03-31 01959873 d:MotorVehicles 2023-04-01 2024-03-31 01959873 d:MotorVehicles 2024-03-31 01959873 d:MotorVehicles 2023-03-31 01959873 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01959873 d:FurnitureFittings 2023-04-01 2024-03-31 01959873 d:FurnitureFittings 2024-03-31 01959873 d:FurnitureFittings 2023-03-31 01959873 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01959873 d:ComputerEquipment 2023-04-01 2024-03-31 01959873 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 01959873 d:CurrentFinancialInstruments 2024-03-31 01959873 d:CurrentFinancialInstruments 2023-03-31 01959873 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01959873 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 01959873 d:ShareCapital 2024-03-31 01959873 d:ShareCapital 2023-03-31 01959873 d:RetainedEarningsAccumulatedLosses 2024-03-31 01959873 d:RetainedEarningsAccumulatedLosses 2023-03-31 01959873 c:FRS102 2023-04-01 2024-03-31 01959873 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 01959873 c:FullAccounts 2023-04-01 2024-03-31 01959873 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01959873 2 2023-04-01 2024-03-31 01959873 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 01959873









 
WORLAND LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024














Fletcher & Partners
Chartered Accountants
Salisbury

 
WORLAND LIMITED
REGISTERED NUMBER: 01959873

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
35
47

Current assets
  

Debtors: amounts falling due within one year
 5 
426,029
422,258

Cash at bank and in hand
 6 
542,057
553,866

  
968,086
976,124

Creditors: amounts falling due within one year
 7 
(18,541)
(5,029)

Net current assets
  
 
 
949,545
 
 
971,095

Total assets less current liabilities
  
949,580
971,142

  

Net assets
  
949,580
971,142


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
949,578
971,140

  
949,580
971,142


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 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: 



P J Kaufeler
Director

Date: 10 October 2024

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

Page 1

 
WORLAND LIMITED
 

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

1.


General information

Worland Limited is a private company limited by shares, incorporated in England and Wales, registered number 01959873. Its registered office is 13a Kenway Road, London, SW5 0RP.

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

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures and fittings
-
25%
Computer equipment
-
25%

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.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured at transaction value, 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.

Page 2

 
WORLAND LIMITED
 

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

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company only enters into basic financial instruments 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 non-puttable ordinary shares.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

 
2.6

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.

 
2.7

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.

 
2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3

 
WORLAND LIMITED
 

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

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 April 2023
20,351
1,040
21,391



At 31 March 2024

20,351
1,040
21,391



Depreciation


At 1 April 2023
20,341
1,003
21,344


Charge for the year on owned assets
3
9
12



At 31 March 2024

20,344
1,012
21,356



Net book value



At 31 March 2024
7
28
35



At 31 March 2023
10
37
47

Page 4

 
WORLAND LIMITED
 

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

5.


Debtors

2024
2023
£
£


Other debtors
417,655
417,456

Prepayments and accrued income
8,374
4,802

426,029
422,258


Debtors include a loan of £205,000 to a connected company. Interest is charged at 3.81% over the Lloyds Bank base rate and the loan was repayable in 2022 although the company has not yet requested repayment.


6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
542,057
553,866



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
3,232
3,395

Other creditors
14,397
752

Accruals and deferred income
912
882

18,541
5,029



Page 5