Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false12023-05-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity1truetruefalse 08534264 2023-05-01 2024-04-30 08534264 2022-05-01 2023-04-30 08534264 2024-04-30 08534264 2023-04-30 08534264 c:Director1 2023-05-01 2024-04-30 08534264 d:CurrentFinancialInstruments 2024-04-30 08534264 d:CurrentFinancialInstruments 2023-04-30 08534264 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08534264 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08534264 d:ShareCapital 2024-04-30 08534264 d:ShareCapital 2023-04-30 08534264 d:RetainedEarningsAccumulatedLosses 2024-04-30 08534264 d:RetainedEarningsAccumulatedLosses 2023-04-30 08534264 c:OrdinaryShareClass1 2023-05-01 2024-04-30 08534264 c:OrdinaryShareClass1 2024-04-30 08534264 c:OrdinaryShareClass1 2023-04-30 08534264 c:OrdinaryShareClass2 2023-05-01 2024-04-30 08534264 c:OrdinaryShareClass2 2024-04-30 08534264 c:OrdinaryShareClass2 2023-04-30 08534264 c:OrdinaryShareClass3 2023-05-01 2024-04-30 08534264 c:OrdinaryShareClass3 2024-04-30 08534264 c:OrdinaryShareClass3 2023-04-30 08534264 c:FRS102 2023-05-01 2024-04-30 08534264 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08534264 c:FullAccounts 2023-05-01 2024-04-30 08534264 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08534264 2 2023-05-01 2024-04-30 08534264 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08534264










W T MORSE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
W T MORSE LIMITED
REGISTERED NUMBER: 08534264

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
28,073
27,211

  
28,073
27,211

Current assets
  

Debtors: amounts falling due within one year
 5 
57,570
47,642

Cash at bank and in hand
 6 
6,224
21,629

  
63,794
69,271

Creditors: amounts falling due within one year
 7 
(9,803)
(12,434)

Net current assets
  
 
 
53,991
 
 
56,837

Total assets less current liabilities
  
82,064
84,048

  

Net assets
  
82,064
84,048


Capital and reserves
  

Called up share capital 
 8 
3
3

Profit and loss account
  
82,061
84,045

  
82,064
84,048


Page 1

 
W T MORSE LIMITED
REGISTERED NUMBER: 08534264
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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: 




W T Morse
Director

Date: 14 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
W T MORSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

W T Morse Limited, 08534264, is a private limited company, limited by shares, incorporated in England and Wales, with its registered office addres and principal place of business at Bath Street Offices, Bath Street, Hereford, Herefordshire, HR1 2GY.

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:

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

Interest income

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

 
2.4

Taxation

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.


Page 3

 
W T MORSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

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

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


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 May 2023
27,211


Additions
862



At 30 April 2024
28,073




Page 4

 
W T MORSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Other debtors
57,570
47,642

57,570
47,642



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,224
21,629

6,224
21,629



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
9,035
11,690

Accruals and deferred income
768
744

9,803
12,434



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



280 (2023 - 280) Ordinary A shares of £0.01 each
2.80
2.80
10 (2023 - 10) Ordinary B shares of £0.01 each
0.10
0.10
10 (2023 - 10) Ordinary C shares of £0.01 each
0.10
0.10

3.00

3.00



9.


Transactions with directors

Included within other debtors due within one year, is a loan to a director of £57,570 (2023: £47,642). Interest has been charged on this loan at the official rate.

 
Page 5