Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31falsetrue2023-02-01falseNo description of principal activity11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09377670 2023-02-01 2024-01-31 09377670 2022-02-01 2023-01-31 09377670 2024-01-31 09377670 2023-01-31 09377670 c:Director2 2023-02-01 2024-01-31 09377670 d:PlantMachinery 2023-02-01 2024-01-31 09377670 d:PlantMachinery 2024-01-31 09377670 d:PlantMachinery 2023-01-31 09377670 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09377670 d:MotorVehicles 2023-02-01 2024-01-31 09377670 d:MotorVehicles 2024-01-31 09377670 d:MotorVehicles 2023-01-31 09377670 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09377670 d:OfficeEquipment 2023-02-01 2024-01-31 09377670 d:OfficeEquipment 2024-01-31 09377670 d:OfficeEquipment 2023-01-31 09377670 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09377670 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09377670 d:CurrentFinancialInstruments 2024-01-31 09377670 d:CurrentFinancialInstruments 2023-01-31 09377670 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09377670 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09377670 d:ShareCapital 2024-01-31 09377670 d:ShareCapital 2023-01-31 09377670 d:CapitalRedemptionReserve 2024-01-31 09377670 d:CapitalRedemptionReserve 2023-01-31 09377670 d:RetainedEarningsAccumulatedLosses 2024-01-31 09377670 d:RetainedEarningsAccumulatedLosses 2023-01-31 09377670 c:FRS102 2023-02-01 2024-01-31 09377670 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09377670 c:FullAccounts 2023-02-01 2024-01-31 09377670 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09377670 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 09377670 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 09377670 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 09377670









ARTHUR WOOSTER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
ARTHUR WOOSTER LIMITED
REGISTERED NUMBER: 09377670

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible fixed assets
  
38,261
13,505

Current assets
  

Debtors: amounts falling due within one year
 6 
43,447
4,994

Cash at bank and in hand
  
545,759
510,908

  
589,206
515,902

Creditors: amounts falling due within one year
 7 
(84,941)
(62,903)

Net current assets
  
 
 
504,265
 
 
452,999

Total assets less current liabilities
  
542,526
466,504

Provisions for liabilities
  

Deferred tax
 8 
(9,565)
(3,376)

  
 
 
(9,565)
 
 
(3,376)

Net assets
  
532,961
463,128


Capital and reserves
  

Called up share capital 
  
75
75

Capital redemption reserve
  
25
25

Profit And Loss Account
  
532,861
463,028

  
532,961
463,128


Page 1

 
ARTHUR WOOSTER LIMITED
REGISTERED NUMBER: 09377670
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 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 statement of income and retained earnings 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 16 October 2024.




T Wooster
Director

Page 2

 
ARTHUR WOOSTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Arthur Wooster Limited is a private company limited by shares and registered in England and Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS.

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.

 
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 relates to services provided to motion picture productions exclusive of Value Added Tax and trade discounts.
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 production. 

 
2.3

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.

Depreciation is provided on the following basis:

Plant and machinery
-
10% straight line
Motor vehicles
-
20% straight line
Office equipment
-
25% straight line

 
2.4

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 and loans from other third parties.

 
2.5

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
ARTHUR WOOSTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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 reporting 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 reporting 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 reporting date.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid.

Page 4

 
ARTHUR WOOSTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
Tangible assets
Tangible assets are depreciated over their useful lives taking into account residual values where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending upon a number of factors. In re-assessing the assets' lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account.
Accruals
The company makes an estimate of accruals at the year end based on invoices received after the year end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment.


4.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2023
16,581
-
28,690
45,271


Additions
-
33,500
678
34,178



At 31 January 2024

16,581
33,500
29,368
79,449



Depreciation


At 1 February 2023
4,530
-
27,236
31,766


Charge for the year on owned assets
1,658
6,700
1,064
9,422



At 31 January 2024

6,188
6,700
28,300
41,188



Net book value



At 31 January 2024
10,393
26,800
1,068
38,261



At 31 January 2023
12,051
-
1,454
13,505

Page 5

 
ARTHUR WOOSTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


Debtors

2024
2023
£
£


Trade debtors
33,070
240

Other debtors
10,000
8

Prepayments and accrued income
377
4,746

43,447
4,994



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,200
98

Corporation tax
40,677
41,570

Other taxation and social security
24,477
5,485

Other creditors
14,179
11,644

Accruals and deferred income
3,408
4,106

84,941
62,903



8.


Deferred taxation




2024


£






At beginning of year
3,376


Charged to profit or loss
6,189



At end of year
9,565

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
9,565
3,376

Page 6

 
ARTHUR WOOSTER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.


Related party transactions

At the reporting date, the company owed T Wooster, the director, amounts totalling £14,179 (2023: £11,644) which is included in other creditors.The balance was provided interest free and is repayable on demand. 
The company has not entered into any other transactions with related parties that are material and that have not been concluded under normal market conditions.   

Page 7