Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312025-05-2912024-01-01falseNo 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 14257889 2024-01-01 2024-12-31 14257889 2023-01-01 2023-12-31 14257889 2024-12-31 14257889 2023-12-31 14257889 2023-01-01 14257889 c:Director1 2024-01-01 2024-12-31 14257889 d:CurrentFinancialInstruments 2024-12-31 14257889 d:CurrentFinancialInstruments 2023-12-31 14257889 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 14257889 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 14257889 d:ShareCapital 2024-01-01 2024-12-31 14257889 d:ShareCapital 2024-12-31 14257889 d:ShareCapital 2023-01-01 2023-12-31 14257889 d:ShareCapital 2023-12-31 14257889 d:ShareCapital 2023-01-01 14257889 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 14257889 d:RetainedEarningsAccumulatedLosses 2024-12-31 14257889 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 14257889 d:RetainedEarningsAccumulatedLosses 2023-12-31 14257889 d:RetainedEarningsAccumulatedLosses 2023-01-01 14257889 c:OrdinaryShareClass1 2024-01-01 2024-12-31 14257889 c:OrdinaryShareClass1 2024-12-31 14257889 c:OrdinaryShareClass1 2023-12-31 14257889 c:FRS102 2024-01-01 2024-12-31 14257889 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14257889 c:FullAccounts 2024-01-01 2024-12-31 14257889 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14257889 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14257889







WADY MARKETING GROUP LIMITED


UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 DECEMBER 2024

 
WADY MARKETING GROUP LIMITED
REGISTERED NUMBER: 14257889

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
18,400

Cash at bank and in hand
 5 
22,412
16,859

  
22,412
35,259

Creditors: amounts falling due within one year
 6 
(12,001)
(16,527)

Net current assets
  
 
 
10,411
 
 
18,732

Total assets less current liabilities
  
10,411
18,732

  

Net assets
  
10,411
18,732


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
 8 
10,311
18,632

  
10,411
18,732


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 her 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 29 May 2025.




J D Wady
Director

The notes on pages 4 to 7 form part of these financial statements.
Page 1

 
WADY MARKETING GROUP LIMITED
REGISTERED NUMBER: 14257889
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024


Page 2

 
WADY MARKETING GROUP LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2023
100
12,910
13,010


Comprehensive income for the year

Profit for the year
-
17,222
17,222
Total comprehensive income for the year
-
17,222
17,222


Contributions by and distributions to owners

Dividends: Equity capital
-
(11,500)
(11,500)


Total transactions with owners
-
(11,500)
(11,500)



At 1 January 2024
100
18,632
18,732


Comprehensive income for the year

Profit for the year
-
4,679
4,679
Total comprehensive income for the year
-
4,679
4,679


Contributions by and distributions to owners

Dividends: Equity capital
-
(13,000)
(13,000)


Total transactions with owners
-
(13,000)
(13,000)


At 31 December 2024
100
10,311
10,411


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
WADY MARKETING GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

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.

Page 4

 
WADY MARKETING GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.Accounting policies (continued)

 
1.4

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 reporting date in the countries where the Company operates and generates income.


 
1.5

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.

 
1.6

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.

 
1.7

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.

 
1.8

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.

Page 5

 
WADY MARKETING GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Prepayments & Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.


3.


Employees

2024
2023
£
£

Wages and salaries
96,000
96,000

Social security costs
11,992
11,993

107,992
107,993


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Trade debtors
-
18,300

Other debtors
-
100

-
18,400


Page 6

 
WADY MARKETING GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
22,412
16,859

22,412
16,859



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,098
4,145

Other taxation and social security
9,636
11,182

Other creditors
67
-

Accruals and deferred income
1,200
1,200

12,001
16,527



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



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



8.


Reserves

Profit and loss account

The profit and loss reserve is fully distributable.

 
Page 7