Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30trueProperty developmenttrue2023-05-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1false1false 07889894 2023-05-01 2024-04-30 07889894 2022-05-01 2023-04-30 07889894 2024-04-30 07889894 2023-04-30 07889894 c:Director1 2023-05-01 2024-04-30 07889894 d:CurrentFinancialInstruments 2024-04-30 07889894 d:CurrentFinancialInstruments 2023-04-30 07889894 d:Non-currentFinancialInstruments 2024-04-30 07889894 d:Non-currentFinancialInstruments 2023-04-30 07889894 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07889894 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07889894 d:ShareCapital 2024-04-30 07889894 d:ShareCapital 2023-04-30 07889894 d:RetainedEarningsAccumulatedLosses 2024-04-30 07889894 d:RetainedEarningsAccumulatedLosses 2023-04-30 07889894 c:OrdinaryShareClass1 2023-05-01 2024-04-30 07889894 c:OrdinaryShareClass1 2024-04-30 07889894 c:OrdinaryShareClass1 2023-04-30 07889894 c:FRS102 2023-05-01 2024-04-30 07889894 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07889894 c:FullAccounts 2023-05-01 2024-04-30 07889894 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07889894 2 2023-05-01 2024-04-30 07889894 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07889894









FRASER WARREN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
FRASER WARREN LIMITED
REGISTERED NUMBER: 07889894

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

CURRENT ASSETS
  

Stocks
  
156,761
-

Debtors: amounts falling due after more than one year
 4 
-
4,043

Debtors: amounts falling due within one year
 4 
2,242
11,445

Cash at bank and in hand
  
201,345
356,054

  
360,348
371,542

Creditors: amounts falling due within one year
 5 
(4,663)
(8,830)

NET CURRENT ASSETS
  
 
 
355,685
 
 
362,712

  

NET ASSETS
  
355,685
362,712


CAPITAL AND RESERVES
  

Called up share capital 
 6 
100
100

Profit and loss account
  
355,585
362,612

  
355,685
362,712


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.

Page 1

 
FRASER WARREN LIMITED
REGISTERED NUMBER: 07889894
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






Mr A J Fraser
Director

Date: 17 January 2025

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
FRASER WARREN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


GENERAL INFORMATION

The Company is limited by shares and incorporated in England and Wales. The registered office and principal place of business is Stowford House, East Stowford, Umberleigh, Devon, EX37 9RU.
The financial statements are presented in sterling which is the functional currency of the company.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.

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

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.

 
2.3

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.

 
2.4

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.

 
2.5

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.

 
2.6

INTEREST INCOME

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

Page 3

 
FRASER WARREN 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.


DEBTORS

2024
2023
£
£

DUE AFTER MORE THAN ONE YEAR

Other debtors
-
4,043


2024
2023
£
£

DUE WITHIN ONE YEAR

Other debtors
2,242
11,445



5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
522
456

Other creditors
1,926
6,374

Accruals and deferred income
2,215
2,000

4,663
8,830



6.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100


 
Page 4