Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312025-05-13No description of principal activity2024-04-01falsefalse6false8trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05097377 2024-04-01 2025-03-31 05097377 2023-04-01 2024-03-31 05097377 2025-03-31 05097377 2024-03-31 05097377 c:Director1 2024-04-01 2025-03-31 05097377 d:PlantMachinery 2024-04-01 2025-03-31 05097377 d:PlantMachinery 2025-03-31 05097377 d:PlantMachinery 2024-03-31 05097377 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05097377 d:MotorVehicles 2024-04-01 2025-03-31 05097377 d:MotorVehicles 2025-03-31 05097377 d:MotorVehicles 2024-03-31 05097377 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05097377 d:FurnitureFittings 2024-04-01 2025-03-31 05097377 d:FurnitureFittings 2025-03-31 05097377 d:FurnitureFittings 2024-03-31 05097377 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05097377 d:ComputerEquipment 2024-04-01 2025-03-31 05097377 d:ComputerEquipment 2025-03-31 05097377 d:ComputerEquipment 2024-03-31 05097377 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05097377 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05097377 d:ComputerSoftware 2025-03-31 05097377 d:ComputerSoftware 2024-03-31 05097377 d:OtherResidualIntangibleAssets 2024-04-01 2025-03-31 05097377 d:CurrentFinancialInstruments 2025-03-31 05097377 d:CurrentFinancialInstruments 2024-03-31 05097377 d:Non-currentFinancialInstruments 2025-03-31 05097377 d:Non-currentFinancialInstruments 2024-03-31 05097377 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 05097377 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05097377 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 05097377 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 05097377 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 05097377 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 05097377 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 05097377 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 05097377 d:ShareCapital 2025-03-31 05097377 d:ShareCapital 2024-03-31 05097377 d:RetainedEarningsAccumulatedLosses 2025-03-31 05097377 d:RetainedEarningsAccumulatedLosses 2024-03-31 05097377 c:FRS102 2024-04-01 2025-03-31 05097377 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05097377 c:FullAccounts 2024-04-01 2025-03-31 05097377 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05097377 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2024-04-01 2025-03-31 05097377 2 2024-04-01 2025-03-31 05097377 d:ComputerSoftware d:OwnedIntangibleAssets 2024-04-01 2025-03-31 05097377 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 05097377










WORKWEAR (EAST ANGLIA) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
WORKWEAR (EAST ANGLIA) LIMITED
REGISTERED NUMBER: 05097377

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Intangible assets
  
6,570
-

Tangible assets
 5 
235,327
142,117

  
241,897
142,117

Current assets
  

Stocks
  
187,988
202,674

Debtors: amounts falling due within one year
 6 
201,085
184,350

Cash at bank and in hand
  
117,645
144,199

  
506,718
531,223

Creditors: amounts falling due within one year
 7 
(246,045)
(257,371)

Net current assets
  
 
 
260,673
 
 
273,852

Total assets less current liabilities
  
502,570
415,969

Creditors: amounts falling due after more than one year
 8 
(1,671)
(11,671)

Provisions for liabilities
  

Deferred tax
  
(37,713)
(12,906)

  
 
 
(37,713)
 
 
(12,906)

Net assets
  
463,186
391,392


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
463,184
391,390

  
463,186
391,392


Page 1

 
WORKWEAR (EAST ANGLIA) LIMITED
REGISTERED NUMBER: 05097377
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

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: 




D Tennens
Director

Date: 13 May 2025

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

Page 2

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Workwear (East Anglia) Limited is a private company limited by shares and incorporated in England and Wales, registration number 05097377. The registered office is Workwear (East Anglia) Limited, Airfield Industrial Park, Eye, Suffolk, England, IP23 7HS.

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 financial statements are presented in sterling which is the functional currency of the company rounded to the nearest £.
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 unless otherwise stated.

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods

Turnover 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 turnover 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.

 
2.3

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

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

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

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.

 
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.


Page 4

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
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.

 Amortisation is provided on the following bases:

Website
-
10%
straight line

 
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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20% straight line and 5% reducing balance
Motor vehicles
-
35% straight line
Computer equipment
-
20% reducing balance

 
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.

 
2.11

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.

 
2.12

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.

Page 5

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.13

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.

 
2.14

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.

 
2.15

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 8 (2024 - 6).

Page 6

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Intangible assets




Website

£



Cost


Additions
7,300



At 31 March 2025

7,300



Amortisation


Charge for the year on owned assets
730



At 31 March 2025

730



Net book value



At 31 March 2025
6,570



At 31 March 2024
-



Page 7

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2024
1,734
-
316,778
20,231
338,743


Additions
-
172,867
14,515
1,130
188,512


Disposals
-
-
-
(367)
(367)



At 31 March 2025

1,734
172,867
331,293
20,994
526,888



Depreciation


At 1 April 2024
609
-
185,603
10,414
196,626


Charge for the year on owned assets
347
60,503
32,142
2,159
95,151


Disposals
-
-
-
(216)
(216)



At 31 March 2025

956
60,503
217,745
12,357
291,561



Net book value



At 31 March 2025
778
112,364
113,548
8,637
235,327



At 31 March 2024
1,125
-
131,175
9,817
142,117


6.


Debtors

2025
2024
£
£


Trade debtors
191,562
180,475

Other debtors
9,510
3,875

Tax recoverable
13
-

201,085
184,350


Page 8

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
9,996
9,996

Other loans
4,169
-

Trade creditors
164,942
152,680

Corporation tax
27,203
66,717

Other taxation and social security
32,327
21,261

Obligations under finance lease and hire purchase contracts
-
2,408

Other creditors
5,658
2,664

Accruals and deferred income
1,750
1,645

246,045
257,371


The following liabilities were secured:

2025
2024
£
£



Obligations under finance lease and hire purchase contracts
-
2,408

-
2,408

Details of security provided:

Obligations under finance lease and hire purchase contracts are secured on the assets to which they relate.


8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
1,671
11,671

1,671
11,671


Page 9

 
WORKWEAR (EAST ANGLIA) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

9.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
9,996
9,996

Other loans
4,169
-


14,165
9,996

Amounts falling due 1-2 years

Bank loans
1,671
9,996


1,671
9,996

Amounts falling due 2-5 years

Bank loans
-
1,675


-
1,675


15,836
21,667



10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £46,487 (2024 - £40,104).

 
Page 10