Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falseNo description of principal activity44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05892927 2023-10-01 2024-09-30 05892927 2022-10-01 2023-09-30 05892927 2024-09-30 05892927 2023-09-30 05892927 c:Director1 2023-10-01 2024-09-30 05892927 d:FurnitureFittings 2023-10-01 2024-09-30 05892927 d:FurnitureFittings 2024-09-30 05892927 d:FurnitureFittings 2023-09-30 05892927 d:FreeholdInvestmentProperty 2024-09-30 05892927 d:FreeholdInvestmentProperty 2023-09-30 05892927 d:FreeholdInvestmentProperty 2 2023-10-01 2024-09-30 05892927 d:CurrentFinancialInstruments 2024-09-30 05892927 d:CurrentFinancialInstruments 2023-09-30 05892927 d:Non-currentFinancialInstruments 2024-09-30 05892927 d:Non-currentFinancialInstruments 2023-09-30 05892927 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05892927 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05892927 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 05892927 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 05892927 d:ShareCapital 2024-09-30 05892927 d:ShareCapital 2023-09-30 05892927 d:InvestmentPropertiesRevaluationReserve 2024-09-30 05892927 d:InvestmentPropertiesRevaluationReserve 2023-09-30 05892927 d:RetainedEarningsAccumulatedLosses 2024-09-30 05892927 d:RetainedEarningsAccumulatedLosses 2023-09-30 05892927 d:AcceleratedTaxDepreciationDeferredTax 2024-09-30 05892927 d:AcceleratedTaxDepreciationDeferredTax 2023-09-30 05892927 c:OrdinaryShareClass1 2023-10-01 2024-09-30 05892927 c:OrdinaryShareClass1 2024-09-30 05892927 c:OrdinaryShareClass1 2023-09-30 05892927 c:FRS102 2023-10-01 2024-09-30 05892927 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05892927 c:FullAccounts 2023-10-01 2024-09-30 05892927 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05892927 2 2023-10-01 2024-09-30 05892927 f:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05892927










R. WOODVINE AND SONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
R. WOODVINE AND SONS LIMITED
REGISTERED NUMBER: 05892927

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 5 
1,275,820
1,250,804

  
1,275,820
1,250,804

Current assets
  

Debtors: amounts falling due after more than one year
 6 
27,547
-

Debtors: amounts falling due within one year
 6 
945
24

Cash at bank and in hand
 7 
40,024
25,182

  
68,516
25,206

Creditors: amounts falling due within one year
 8 
(15,131)
(11,048)

Net current assets
  
 
 
53,385
 
 
14,158

Total assets less current liabilities
  
1,329,205
1,264,962

Creditors: amounts falling due after more than one year
 9 
(343,006)
(345,445)

Provisions for liabilities
  

Deferred tax
 10 
(97,638)
(64,791)

  
 
 
(97,638)
 
 
(64,791)

Net assets
  
888,561
854,726


Capital and reserves
  

Called up share capital 
 11 
100
100

Investment property reserve
  
380,200
388,031

Profit and loss account
  
508,261
466,595

  
888,561
854,726


Page 1

 
R. WOODVINE AND SONS LIMITED
REGISTERED NUMBER: 05892927
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 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 on 28 March 2025.




................................................
James Richard John Woodvine
Director

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

Page 2

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

R. Woodvine & Sons Limited, 05892927, is a private limited company, limited by shares, incorporated in England and Wales with its registered office and principal place of business at The Old Bakery, Pontesbury, Shrewsbury, Shropshire, SY5 0RR.

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

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

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

Page 3

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

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.


 
2.7

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.

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:

Fixtures and fittings
-
25%

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.

 
2.8

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.9

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.

Page 4

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 5

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 October 2023
2,048



At 30 September 2024

2,048



Depreciation


At 1 October 2023
2,048



At 30 September 2024

2,048



Net book value



At 30 September 2024
-



At 30 September 2023
-

Page 6

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 October 2023
1,250,804


Surplus on revaluation
25,016



At 30 September 2024
1,275,820

The 2024 valuations were made by the directors, on an open market value for existing use basis.

2024
2023
£
£

Revaluation reserves


At 1 October 2023
388,031
363,505

Net surplus/(deficit) in movement properties
(7,831)
24,526

At 30 September 2024
380,200
388,031

Lloyds Bank PLC hold a floating charge and negative pledge over the properties known as 17 Brereton,
Telford, TF3 1PB (title number SL59911), 32 Summer Hill, Telford, TF7 4EY (title number SL83262) and 80 Wealdstone, Telford, TF7 5PT (title number SL61747).





6.


Debtors

2024
2023
£
£

Due after more than one year

Amounts owed by group undertakings
27,547
-

27,547
-


2024
2023
£
£

Due within one year

Prepayments and accrued income
945
24

945
24


Page 7

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
40,024
25,182

40,024
25,182



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
600
(50)

Other creditors
12,472
9,394

Accruals and deferred income
2,059
1,704

15,131
11,048



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
-
36,410

Other creditors
343,006
309,035

343,006
345,445


Page 8

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Deferred taxation




2024


£






At beginning of year
(64,791)


Charged to profit or loss
(32,847)



At end of year
(97,638)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(97,638)
(64,791)

(97,638)
(64,791)

Page 9

 
R. WOODVINE AND SONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



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


Page 10