Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-1212023-09-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13558188 2023-09-01 2024-08-31 13558188 2022-09-01 2023-08-31 13558188 2024-08-31 13558188 2023-08-31 13558188 c:Director1 2023-09-01 2024-08-31 13558188 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 13558188 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-31 13558188 d:CurrentFinancialInstruments 2024-08-31 13558188 d:CurrentFinancialInstruments 2023-08-31 13558188 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 13558188 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 13558188 d:ShareCapital 2024-08-31 13558188 d:ShareCapital 2023-08-31 13558188 d:SharePremium 2024-08-31 13558188 d:SharePremium 2023-08-31 13558188 d:RetainedEarningsAccumulatedLosses 2024-08-31 13558188 d:RetainedEarningsAccumulatedLosses 2023-08-31 13558188 c:OrdinaryShareClass1 2023-09-01 2024-08-31 13558188 c:OrdinaryShareClass1 2024-08-31 13558188 c:OrdinaryShareClass1 2023-08-31 13558188 c:FRS102 2023-09-01 2024-08-31 13558188 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13558188 c:FullAccounts 2023-09-01 2024-08-31 13558188 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13558188 2 2023-09-01 2024-08-31 13558188 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-09-01 2024-08-31 13558188 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13558188










WAYNESTARK ENTERPRISES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
WAYNESTARK ENTERPRISES LIMITED
REGISTERED NUMBER: 13558188

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
15,779
17,752

  
15,779
17,752

Current assets
  

Debtors: amounts falling due within one year
 5 
59,225
11,966

Cash at bank and in hand
 6 
19
4,400

  
59,244
16,366

Creditors: amounts falling due within one year
 7 
(22,545)
(4,446)

Net current assets
  
 
 
36,699
 
 
11,920

Total assets less current liabilities
  
52,478
29,672

  

Net assets
  
52,478
29,672


Capital and reserves
  

Called up share capital 
 8 
87
87

Share premium account
  
43,974
43,974

Profit and loss account
  
8,417
(14,389)

  
52,478
29,672


Page 1

 
WAYNESTARK ENTERPRISES LIMITED
REGISTERED NUMBER: 13558188
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 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 by: 




................................................
O A W Aydogan
Director
Date: 12 May 2025

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

Page 2

 
WAYNESTARK ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Waynestark Enterprises Limited,13558188, is a private limited company, limited by shares, incorporated in England and Wales, with its registered office and principle place of business at 3rd Floor 86-90 Paul Street, London, EC2A 4NE.

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

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future.
Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
WAYNESTARK ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.6

Interest income

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

 
2.7

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.

Page 4

 
WAYNESTARK ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.8

Taxation

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.


 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

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 1 (2023 - 1).

Page 5

 
WAYNESTARK ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Intangible assets




Development expenditure

£



Cost


At 1 September 2023
19,725



At 31 August 2024

19,725



Amortisation


At 1 September 2023
1,973


Charge for the year on owned assets
1,973



At 31 August 2024

3,946



Net book value



At 31 August 2024
15,779



At 31 August 2023
17,752




5.


Debtors

2024
2023
£
£


Trade debtors
2,376
4,400

Other debtors
56,849
7,566

59,225
11,966


Page 6

 
WAYNESTARK ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
19
4,400

19
4,400



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
874
437

Corporation tax
9,721
-

Other taxation and social security
9,955
2,226

Accruals and deferred income
1,995
1,783

22,545
4,446



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



8,732 (2023 - 8,732) Ordinary shares of £0.01 each
87
87



9.


Transactions with directors

At the balance sheet date, included in other debtors due within one year, is a loan to the directors of £54,919 (2023: £2,566). 

The loan is unsecured, is repayable on demand and interest has been charged  by the Company to the directors at the official rate of interest, being 2.25% for the year to 31 August 2024.

 
Page 7