Caseware UK (AP4) 2023.0.135 2023.0.135 2023-01-3114false14No description of principal activitytruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06061836 2023-01-31 2024-01-30 06061836 2024-01-30 06061836 2022-01-31 2023-01-30 06061836 2023-01-30 06061836 c:Director1 2023-01-31 2024-01-30 06061836 d:PlantMachinery 2023-01-31 2024-01-30 06061836 d:PlantMachinery 2024-01-30 06061836 d:PlantMachinery 2023-01-30 06061836 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-31 2024-01-30 06061836 d:MotorVehicles 2023-01-31 2024-01-30 06061836 d:MotorVehicles 2024-01-30 06061836 d:MotorVehicles 2023-01-30 06061836 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-31 2024-01-30 06061836 d:FurnitureFittings 2023-01-31 2024-01-30 06061836 d:FurnitureFittings 2024-01-30 06061836 d:FurnitureFittings 2023-01-30 06061836 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-31 2024-01-30 06061836 d:OfficeEquipment 2023-01-31 2024-01-30 06061836 d:OfficeEquipment 2024-01-30 06061836 d:OfficeEquipment 2023-01-30 06061836 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-31 2024-01-30 06061836 d:OtherPropertyPlantEquipment 2023-01-31 2024-01-30 06061836 d:OtherPropertyPlantEquipment 2024-01-30 06061836 d:OtherPropertyPlantEquipment 2023-01-30 06061836 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-01-31 2024-01-30 06061836 d:OwnedOrFreeholdAssets 2023-01-31 2024-01-30 06061836 d:CurrentFinancialInstruments 2024-01-30 06061836 d:CurrentFinancialInstruments 2023-01-30 06061836 d:Non-currentFinancialInstruments 2024-01-30 06061836 d:Non-currentFinancialInstruments 2023-01-30 06061836 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-30 06061836 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-30 06061836 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-30 06061836 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-30 06061836 d:ShareCapital 2024-01-30 06061836 d:ShareCapital 2023-01-30 06061836 d:RevaluationReserve 2023-01-31 2024-01-30 06061836 d:RevaluationReserve 2024-01-30 06061836 d:RevaluationReserve 2023-01-30 06061836 d:RetainedEarningsAccumulatedLosses 2024-01-30 06061836 d:RetainedEarningsAccumulatedLosses 2023-01-30 06061836 c:FRS102 2023-01-31 2024-01-30 06061836 c:AuditExempt-NoAccountantsReport 2023-01-31 2024-01-30 06061836 c:FullAccounts 2023-01-31 2024-01-30 06061836 c:PrivateLimitedCompanyLtd 2023-01-31 2024-01-30 06061836 d:WithinOneYear 2024-01-30 06061836 d:WithinOneYear 2023-01-30 06061836 d:BetweenOneFiveYears 2024-01-30 06061836 d:BetweenOneFiveYears 2023-01-30 06061836 2 2023-01-31 2024-01-30 06061836 e:PoundSterling 2023-01-31 2024-01-30 iso4217:GBP xbrli:pure
Registered number: 06061836













W F Leisure UK Limited

Financial statements
Information for filing with the registrar

30 January 2024




 
W F Leisure UK Limited


Balance sheet
At 30 January 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
108,628
42,555

  
108,628
42,555

Current assets
  

Stocks
  
2,800
3,096

Debtors
 5 
20,561
54,097

Cash at bank and in hand
  
113,183
113,450

  
136,544
170,643

Creditors: amounts falling due within one year
 6 
(123,488)
(144,562)

Net current assets
  
 
 
13,056
 
 
26,081

Total assets less current liabilities
  
121,684
68,636

Creditors: amounts falling due after more than one year
 7 
(62,292)
(25,208)

Provisions for liabilities
  

Deferred tax
  
(25,361)
(8,873)

  
 
 
(25,361)
 
 
(8,873)

Net assets
  
34,031
34,555


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
 8 
-
9,694

Profit and loss account
 8 
33,931
24,761

Shareholders' funds
  
34,031
34,555


1

 
W F Leisure UK Limited

    
Balance sheet (continued)
At 30 January 2024

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 on 23 October 2024.




David Robison
Director

Company registered number: 06061836
The notes on pages 3 to 7 form part of these financial statements. 

2

 
W F Leisure UK Limited
 
 

Notes to the financial statements
Year ended 30 January 2024

1.


General information

The company is a private company limited by shares, registered and domiciled in England and Wales. The address of the registered office is Unit 4, Greencroft Industrial, Park, Annfield Plain, Stanley, Co. Durham, DH9 7YB.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdon and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

 
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.

 
2.3

Interest income

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

 
2.4

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.


 
2.5

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.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
comprehensive income and accumulated in equity, except to the extent it reverses a revaluation
decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount
of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of
any previously recognised revaluation increase accumulated in equity in respect of that asset. Where
a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect
of that asset, the excess shall be recognised in profit or loss.

3

 
W F Leisure UK Limited
 

 
Notes to the financial statements
Year ended 30 January 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives using both the straight lined method and the reducing balance method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line
Motor vehicles
-
25%
straight line
Fixtures and fittings
-
15%
reducing balance
Office and computer equipment
-
20%
straight line
Play equipment
-
20%
reducing balance

 
2.6

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.

 
2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.8

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

2024
2023
£
£

Wages and salaries
216,836
169,412

Social security costs
7,147
2,316

Cost of defined contribution scheme
2,096
2,636

226,079
174,364


The average monthly number of employees, including directors, during the year was 14 (2023 - 14).

4

 
W F Leisure UK Limited
 
 

Notes to the financial statements
Year ended 30 January 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office and computer equipment
Play equipment
Total

£
£
£
£
£
£



Cost or valuation


At 31 January 2023
6,022
-
68,080
7,181
210,322
291,605


Additions
4,613
58,755
830
3,032
13,400
80,630



At 30 January 2024

10,635
58,755
68,910
10,213
223,722
372,235



Depreciation


At 31 January 2023
3,368
-
52,481
4,704
188,497
249,050


Charge for the year
1,980
2,012
2,403
1,117
7,045
14,557



At 30 January 2024

5,348
2,012
54,884
5,821
195,542
263,607



Net book value



At 30 January 2024
5,287
56,743
14,026
4,392
28,180
108,628



At 30 January 2023
2,654
-
15,599
2,477
21,825
42,555


5.


Debtors

2024
2023
£
£


Trade debtors
8,222
8,248

Other debtors
6,107
38,302

Prepayments and accrued income
6,232
7,547

20,561
54,097


5

 
W F Leisure UK Limited
 
 

Notes to the financial statements
Year ended 30 January 2024

6.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
7,000
8,125

Trade creditors
61,063
71,875

Corporation tax
-
20,416

Other taxation and social security
23,337
19,384

Finance lease and hire purchase contracts
7,278
-

Other creditors
8,124
5,698

Accruals and deferred income
16,686
19,064

123,488
144,562


The following liabilities were secured:

2024
2023
£
£



Finance leases and hire purchase contracts
7,278
-

7,278
-

Details of security provided:

Hire purchase creditors are secured on the assets to which they relate.

6

 
W F Leisure UK Limited
 
 

Notes to the financial statements
Year ended 30 January 2024

7.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
16,333
25,208

Finance leases and hire purchase contracts
45,959
-

62,292
25,208


The following liabilities were secured:

2024
2023
£
£



Finance leases and hire purchase contracts
45,959
-

45,959
-

Details of security provided:

Hire purchase creditors are secured on the assets to which they relate.


8.


Reserves

Revaluation reserve

A transfer has been made to the Profit and loss reserve to reflect the the diminishment in value to date of the revalued assets due to depreciation over the period since revaluation.


9.


Commitments under operating leases

At 30 January 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
30,000
15,000

Later than 1 year and not later than 5 years
82,500
112,500

112,500
127,500


10.


Transactions with directors

During the year, the directors used a loan account to record amounts due to and from the company. At the end of the year, the balance due to the company from the director was £817 (2023: £28,637 due from the director). The loan is unsecured, with no interest and no fixed terms of repayment have been agreed.

 
7