Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30true1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-01falseholding company1false 10374966 2023-05-01 2024-04-30 10374966 2022-05-01 2023-04-30 10374966 2024-04-30 10374966 2023-04-30 10374966 c:Director1 2023-05-01 2024-04-30 10374966 d:ShareCapital 2024-04-30 10374966 d:ShareCapital 2023-04-30 10374966 d:RetainedEarningsAccumulatedLosses 2024-04-30 10374966 d:RetainedEarningsAccumulatedLosses 2023-04-30 10374966 c:FRS102 2023-05-01 2024-04-30 10374966 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10374966 c:FullAccounts 2023-05-01 2024-04-30 10374966 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10374966 6 2023-05-01 2024-04-30 10374966 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 10374966










A. S. D. WH HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
A. S. D. WH HOLDINGS LIMITED
REGISTERED NUMBER: 10374966

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
1,701,900
1,701,900

  

  

Net assets
  
1,701,900
1,701,900


Capital and reserves
  

Called up share capital 
  
100
1,701,900

Profit and loss account
  
1,701,800
-

  
1,701,900
1,701,900


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 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 10 January 2025.




S Seaman
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
A. S. D. WH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

A.S.D. WH Holdings Limited is a private company limited by shares, registered in England and Wales (registered number 10374966). Its registered office is Cromleigh House, Brookside Way, Huthwaite, Sutton- In-Ashfield, England, NG17 2NL. The principal activity of the company is that of a holding company.

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 company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction prices and subsequently at amortised cost using the effective interest method. 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. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 2

 
A. S. D. WH HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
1,701,900



At 30 April 2024
1,701,900





5.


Related party transactions

On 15 March 2024 the entire share capital of the company was acquired by the A.S.D WH Holdings Employee-Ownership Trust ("the Trust"). The Trust holds shares for the future benefit of the employees of the company and its subsidiary undertaking, A.S.D Wholesale Limited. The shares are held by A.S.D Trustees Limited in its capacity as corporate trustee of the Trust. The funding for the transaction (and associated costs) was partially achieved through an initial contribution by the company. The balance of the consideration was funded by the previous owner of the business. The loans due to the previous owner of the business are an obligation of the Trust, and so the liability for future payments has not been recognised by the company. During the year the company made contributions of £3,079,000 to the Trust.
The company does not control the Trust and so consolidated accounts have not been prepared.


6.


Controlling party

On 15 March 2024 the A.S.D WH Holdings Employee-Ownership Trust became the beneficial owner of the whole of the issued share capital of the company. The shares are held by A.S.D Trustees Limited in its capacity of corporate trustee of the Trust.

 
Page 3