Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-07-01falseholding company22true 06828799 2023-07-01 2024-06-30 06828799 2022-07-01 2023-06-30 06828799 2024-06-30 06828799 2023-06-30 06828799 c:Director2 2023-07-01 2024-06-30 06828799 d:MotorVehicles 2023-07-01 2024-06-30 06828799 d:MotorVehicles 2024-06-30 06828799 d:MotorVehicles 2023-06-30 06828799 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06828799 d:CurrentFinancialInstruments 2024-06-30 06828799 d:CurrentFinancialInstruments 2023-06-30 06828799 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06828799 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06828799 d:ShareCapital 2024-06-30 06828799 d:ShareCapital 2023-06-30 06828799 d:RetainedEarningsAccumulatedLosses 2024-06-30 06828799 d:RetainedEarningsAccumulatedLosses 2023-06-30 06828799 c:OrdinaryShareClass2 2023-07-01 2024-06-30 06828799 c:OrdinaryShareClass2 2024-06-30 06828799 c:OrdinaryShareClass3 2023-07-01 2024-06-30 06828799 c:OrdinaryShareClass3 2024-06-30 06828799 c:OrdinaryShareClass4 2023-07-01 2024-06-30 06828799 c:OrdinaryShareClass4 2024-06-30 06828799 c:FRS102 2023-07-01 2024-06-30 06828799 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06828799 c:FullAccounts 2023-07-01 2024-06-30 06828799 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06828799 2 2023-07-01 2024-06-30 06828799 6 2023-07-01 2024-06-30 06828799 e:PoundSterling 2023-07-01 2024-06-30 06828799 d:EntityControlledByKeyManagementPersonnel1 2023-07-01 2024-06-30 06828799 d:EntityControlledByKeyManagementPersonnel1 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06828799









MORCOM WOODLEY HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
MORCOM WOODLEY HOLDINGS LIMITED
REGISTERED NUMBER: 06828799

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024


2024

2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
24,996
34,370

Investments
 5 
201
201

  
25,197
34,571

Current assets
  

Debtors: amounts falling due within one year
 6 
776,990
782,881

Cash at bank and in hand
 7 
703,247
715,956

  
1,480,237
1,498,837

Creditors: amounts falling due within one year
 8 
(43,101)
(43,528)

Net current assets
  
 
 
1,437,136
 
 
1,455,309

  

Net assets
  
1,462,333
1,489,880


Capital and reserves
  

Called up share capital 
 9 
200
200

Profit and loss account
  
1,462,133
1,489,680

  
1,462,333
1,489,880


Page 1

 
MORCOM WOODLEY HOLDINGS LIMITED
REGISTERED NUMBER: 06828799
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 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 26 March 2025.




E W Payne
Director


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
MORCOM WOODLEY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Morcom Woodley Holdings Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, UB8 2FX.
The company continues to be a holding company and to provide management services to its subsidiaries.

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 is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have taken consideration of the impact of ongoing inflationary pressures on the business. However, the directors are mindful that conditions in the market are uncertain and at the date of this report, it is not possible to reliably determine the effects that these events will have on the company in the future. Nevertheless, the directors note that the company has sufficient working capital and other finance available to continue for a period of not less than 12 months from the Statement of financial position date. As such the directors believe that there are no significant uncertainties in their assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.

 
2.3

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.4

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 3

 
MORCOM WOODLEY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)


2.4
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 the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25% straight line

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 the Statement of comprehensive income.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 2 (2023 - 2).

Page 4

 
MORCOM WOODLEY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Motor vehicles

£



Cost


At 1 July 2023
52,827



At 30 June 2024

52,827



Depreciation


At 1 July 2023
18,457


Charge for the year
9,374



At 30 June 2024

27,831



Net book value



At 30 June 2024
24,996



At 30 June 2023
34,370


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost and net book value


At 1 July 2023
201



At 30 June 2024
201




Page 5

 
MORCOM WOODLEY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
775,648
774,672

Other debtors
1,342
8,209

776,990
782,881



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
703,247
715,956

703,247
715,956



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
180
-

Other taxation and social security
-
67

Other creditors
42,921
43,461

43,101
43,528



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



160 Ordinary "A" shares of £1 each
160
160
30 Ordinary "B" shares of £1 each
30
30
10 Ordinary "C" shares of £1 each
10
10

200

200

All classes of shares rank pari passu in all respects except for dividends. 


Page 6

 
MORCOM WOODLEY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.


Related party transactions

The company has taken advantage of the exemption allowed by Financial Reporting Standard 102, not to disclose any transactions with other wholly owned members of the group. 
 
At the end of the year, the amount owing to the directors was £42,921 (2023 - £43,461). The loans are interest free and repayable on demand.  


11.


Controlling party

The controlling party of the company is M E Payne, a director, by virtue of her majority shareholdings in the company.

 
Page 7