Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01falseOther information service activities not elsewhere classified77truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09944452 2023-05-01 2024-04-30 09944452 2022-05-01 2023-04-30 09944452 2024-04-30 09944452 2023-04-30 09944452 c:Director1 2023-05-01 2024-04-30 09944452 d:PlantMachinery 2023-05-01 2024-04-30 09944452 d:PlantMachinery 2024-04-30 09944452 d:PlantMachinery 2023-04-30 09944452 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09944452 d:MotorVehicles 2023-05-01 2024-04-30 09944452 d:MotorVehicles 2024-04-30 09944452 d:MotorVehicles 2023-04-30 09944452 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09944452 d:FurnitureFittings 2023-05-01 2024-04-30 09944452 d:FurnitureFittings 2024-04-30 09944452 d:FurnitureFittings 2023-04-30 09944452 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09944452 d:OfficeEquipment 2023-05-01 2024-04-30 09944452 d:OfficeEquipment 2024-04-30 09944452 d:OfficeEquipment 2023-04-30 09944452 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09944452 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09944452 d:ComputerSoftware 2024-04-30 09944452 d:ComputerSoftware 2023-04-30 09944452 d:CurrentFinancialInstruments 2024-04-30 09944452 d:CurrentFinancialInstruments 2023-04-30 09944452 d:Non-currentFinancialInstruments 2024-04-30 09944452 d:Non-currentFinancialInstruments 2023-04-30 09944452 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 09944452 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09944452 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 09944452 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 09944452 d:ShareCapital 2024-04-30 09944452 d:ShareCapital 2023-04-30 09944452 d:RetainedEarningsAccumulatedLosses 2024-04-30 09944452 d:RetainedEarningsAccumulatedLosses 2023-04-30 09944452 c:FRS102 2023-05-01 2024-04-30 09944452 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09944452 c:FullAccounts 2023-05-01 2024-04-30 09944452 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09944452 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 09944452 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 09944452 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 09944452 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 09944452 d:ComputerSoftware d:OwnedIntangibleAssets 2023-05-01 2024-04-30 09944452 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 09944452










DWJ GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
DWJ GROUP LIMITED
REGISTERED NUMBER: 09944452

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
-
1,250

Tangible assets
 5 
63,941
38,909

  
63,941
40,159

Current assets
  

Stocks
  
8,901
7,685

Debtors: amounts falling due within one year
 6 
93,727
111,770

Cash at bank and in hand
  
25,733
63,014

  
128,361
182,469

Creditors: amounts falling due within one year
 7 
(151,607)
(182,225)

Net current (liabilities)/assets
  
 
 
(23,246)
 
 
244

Total assets less current liabilities
  
40,695
40,403

Creditors: amounts falling due after more than one year
 8 
(26,862)
(26,218)

Provisions for liabilities
  

Other provisions
  
(7,732)
(7,732)

  
 
 
(7,732)
 
 
(7,732)

Net assets
  
6,101
6,453


Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
6,097
6,449

  
6,101
6,453


Page 1

 
DWJ GROUP LIMITED
REGISTERED NUMBER: 09944452
    
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 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 by: 




A R Forrest
Director

Date: 29 January 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

DWJ Group Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address.
Unit 2 Ash Court
Viking Way
Winch Wen
Swansea
West Glamorgan
Wales
SA1 7DA
The presentation currency of the financial statements is the pound sterling (£) and have been rounded to the nearest pound.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director has reviewed the company’s results for the accounting period, as well as year end profitability, cash flow and expected future results. In doing so, the director has taken account of the various trading risks that the sector faces. The company also has net assets at the balance sheet date and therefore the directors considers it appropriate to prepare the financial statements using the going concern basis of accounting.

Page 3

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

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.

 
2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
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 balance sheet 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 balance sheet 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 balance sheet date.


 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.9

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.

Page 5

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

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

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

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.

Page 6

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

  
2.11

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make
judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are
not readily apparent from other sources. The estimates and associated assumptions are based on
historical experience and other factors which are considered to be relevant. Actual results may differ
from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only effects that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
Impairment of assets
Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the income statement.
Provisions and contingencies
Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 7).

Page 7

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Intangible assets




Computer software

£



Cost


At 1 May 2023
7,500



At 30 April 2024

7,500



Amortisation


At 1 May 2023
6,250


Charge for the year on owned assets
1,250



At 30 April 2024

7,500



Net book value



At 30 April 2024
-



At 30 April 2023
1,250



Page 8

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2023
79,699
300
1,479
15,223
96,701


Additions
40,337
-
-
1,497
41,834


Disposals
(27,000)
-
-
-
(27,000)



At 30 April 2024

93,036
300
1,479
16,720
111,535



Depreciation


At 1 May 2023
47,950
300
844
8,698
57,792


Charge for the year on owned assets
6,939
-
95
1,070
8,104


Disposals
(18,302)
-
-
-
(18,302)



At 30 April 2024

36,587
300
939
9,768
47,594



Net book value



At 30 April 2024
56,449
-
540
6,952
63,941



At 30 April 2023
31,749
-
635
6,525
38,909


6.


Debtors

2024
2023
£
£


Trade debtors
88,328
106,378

Other debtors
2,822
371

Prepayments and accrued income
1,572
3,778

Deferred taxation
1,005
1,243

93,727
111,770


Page 9

 
DWJ GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
56,152
90,741

Corporation tax
-
4,052

Other taxation and social security
1,276
1,243

Hire purchase contracts
12,333
-

Other creditors
66,796
64,640

Accruals and deferred income
5,050
11,549

151,607
182,225



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
14,497
26,218

Hire purchase contracts
12,365
-

26,862
26,218



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
12,333
-

Between 1-5 years
12,365
-

24,698
-

 
Page 10