Caseware UK (AP4) 2024.0.164 2024.0.164 2025-01-312025-01-31true302024-02-01falseNo description of principal activity30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01277003 2024-02-01 2025-01-31 01277003 2023-02-01 2024-01-31 01277003 2025-01-31 01277003 2024-01-31 01277003 c:Director1 2024-02-01 2025-01-31 01277003 d:FurnitureFittings 2024-02-01 2025-01-31 01277003 d:FurnitureFittings 2025-01-31 01277003 d:FurnitureFittings 2024-01-31 01277003 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 01277003 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-02-01 2025-01-31 01277003 d:CurrentFinancialInstruments 2025-01-31 01277003 d:CurrentFinancialInstruments 2024-01-31 01277003 d:Non-currentFinancialInstruments 2025-01-31 01277003 d:Non-currentFinancialInstruments 2024-01-31 01277003 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 01277003 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 01277003 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 01277003 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 01277003 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-01-31 01277003 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 01277003 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-01-31 01277003 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 01277003 d:ShareCapital 2025-01-31 01277003 d:ShareCapital 2024-01-31 01277003 d:RetainedEarningsAccumulatedLosses 2025-01-31 01277003 d:RetainedEarningsAccumulatedLosses 2024-01-31 01277003 c:FRS102 2024-02-01 2025-01-31 01277003 c:IndependentExaminationCharity 2024-02-01 2025-01-31 01277003 c:FullAccounts 2024-02-01 2025-01-31 01277003 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 01277003 d:WithinOneYear 2025-01-31 01277003 d:WithinOneYear 2024-01-31 01277003 d:BetweenOneFiveYears 2025-01-31 01277003 d:BetweenOneFiveYears 2024-01-31 01277003 d:HirePurchaseContracts d:WithinOneYear 2025-01-31 01277003 d:HirePurchaseContracts d:WithinOneYear 2024-01-31 01277003 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-01-31 01277003 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-01-31 01277003 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2025-01-31 01277003 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-01-31 01277003 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 01277003









R C PINDER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
R C PINDER LIMITED
REGISTERED NUMBER: 01277003

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
417,694
417,704

Current assets
  

Stocks
  
110,657
106,386

Debtors: amounts falling due within one year
 5 
950,804
982,567

Cash at bank and in hand
  
279,612
204,939

  
1,341,073
1,293,892

Creditors: amounts falling due within one year
 6 
(286,374)
(236,695)

Net current assets
  
 
 
1,054,699
 
 
1,057,197

Total assets less current liabilities
  
1,472,393
1,474,901

Creditors: amounts falling due after more than one year
 7 
(104,206)
(212,966)

Provisions for liabilities
  

Deferred tax
  
(102,684)
(89,852)

Net assets
  
1,265,503
1,172,083


Capital and reserves
  

Called up share capital 
  
27,300
27,300

Profit and loss account
  
1,238,203
1,144,783

  
1,265,503
1,172,083


Page 1

 
R C PINDER LIMITED
REGISTERED NUMBER: 01277003
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025

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 5 June 2025.




H L Shooter
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
R C PINDER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.


General information

R C Pinder Limited is a private company limited by shares and incorporated in England. Its registered office is 33 Forest Road, New Ollerton, Newark, Nottinghamshire, NG22 9PR.

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 date of signing there is a degree of uncertainty about the full economic impact of the cost of living and the wider geo-political landscape. The directors continue to monitor the position closely, however they believe that the company will continue at an appropriate level of activity subject to their continued support and therefore continue to adopt the going concern basis.

 
2.3

Revenue recognition

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.

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.

Page 3

 
R C PINDER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)

 
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

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.

 
2.6

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.

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.


 
2.7

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.

Page 4

 
R C PINDER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.7
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 and reducing balance basis.

Depreciation is provided on the following basis:

Fixtures, fittings and equipment
-
10% on reducing balance basis and 25% on straight line basis

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

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 30 (2024 - 30).

Page 5

 
R C PINDER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

4.


Tangible fixed assets





Fixtures, fittings and equipment

£



Cost or valuation


At 1 February 2024
1,055,620


Additions
91,014



At 31 January 2025

1,146,634



Depreciation


At 1 February 2024
637,916


Charge for the year on owned assets
72,449


Charge for the year on financed assets
18,575



At 31 January 2025

728,940



Net book value



At 31 January 2025
417,694



At 31 January 2024
417,704

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2025
2024
£
£



Furniture, fittings and equipment
167,173
185,748

Page 6

 
R C PINDER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


Debtors

2025
2024
£
£


Trade debtors
32,206
21,033

Amounts owed by group undertakings
896,819
935,933

Other debtors
2,400
1,224

Prepayments and accrued income
19,379
24,377

950,804
982,567



6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
62,496
62,506

Trade creditors
115,548
98,227

Other taxation and social security
48,058
13,892

Obligations under finance lease and hire purchase contracts
46,272
46,272

Other creditors
-
1,798

Accruals and deferred income
14,000
14,000

286,374
236,695



7.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
10,420
72,910

Net obligations under finance leases and hire purchase contracts
93,786
140,056

104,206
212,966


Page 7

 
R C PINDER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

8.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
62,496
62,506

Amounts falling due 1-2 years

Bank loans
10,420
62,506

Amounts falling due 2-5 years

Bank loans
-
10,404


72,916
135,416



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2025
2024
£
£


Within one year
46,272
46,272

Between 1-5 years
93,786
140,057

140,058
186,329


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 £41,216 (2024 - £38,817).

Page 8

 
R C PINDER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

11.


Commitments under operating leases

At 31 January 2025 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2025
2024
£
£


Not later than 1 year
59,416
59,532

Later than 1 year and not later than 5 years
146,166
178,914

205,582
238,446


12.


Related party transactions

There is an inter-company loan included in debtors of £917,814 (2024 - £935,933) due to MPH Optical Limited, a company that is the ultimate parent of the small group. The loan is interest free and repayable on demand.


13.


Controlling party

The company is a 100% wholly owned subsidiary of AG Optical Limited, a company registered in England. AG Optical Limited is a 100% wholly owned subsidiary of MPH Optical Limited, a company registered in England. The parent's and ultimate parent's registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR.

 
Page 9