Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-302025-04-30medical activitiesThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-04-01false22truetruefalse 11885680 2024-04-01 2025-04-30 11885680 2023-04-01 2024-03-31 11885680 2025-04-30 11885680 2024-03-31 11885680 c:Director1 2024-04-01 2025-04-30 11885680 d:FurnitureFittings 2024-04-01 2025-04-30 11885680 d:FurnitureFittings 2025-04-30 11885680 d:FurnitureFittings 2024-03-31 11885680 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-04-01 2025-04-30 11885680 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-04-01 2025-04-30 11885680 d:OfficeEquipment 2024-04-01 2025-04-30 11885680 d:OfficeEquipment 2025-04-30 11885680 d:OfficeEquipment 2024-03-31 11885680 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-04-30 11885680 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2024-04-01 2025-04-30 11885680 d:OwnedOrFreeholdAssets 2024-04-01 2025-04-30 11885680 d:LeasedAssetsHeldAsLessee 2024-04-01 2025-04-30 11885680 d:CurrentFinancialInstruments 2025-04-30 11885680 d:CurrentFinancialInstruments 2024-03-31 11885680 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 11885680 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11885680 d:ShareCapital 2025-04-30 11885680 d:ShareCapital 2024-03-31 11885680 d:RetainedEarningsAccumulatedLosses 2025-04-30 11885680 d:RetainedEarningsAccumulatedLosses 2024-03-31 11885680 c:FRS102 2024-04-01 2025-04-30 11885680 c:AuditExemptWithAccountantsReport 2024-04-01 2025-04-30 11885680 c:FullAccounts 2024-04-01 2025-04-30 11885680 c:PrivateLimitedCompanyLtd 2024-04-01 2025-04-30 11885680 e:PoundSterling 2024-04-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 11885680










WTE GROUP LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 APRIL 2025


 
WTE GROUP LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WTE GROUP LTD
FOR THE PERIOD ENDED 30 APRIL 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of WTE Group Ltd for the period ended 30 April 2025 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of WTE Group Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of WTE Group Ltd and state those matters that we have agreed to state to the director of WTE Group Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WTE Group Ltd and its director for our work or for this report. 

It is your duty to ensure that WTE Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of WTE Group Ltd. You consider that WTE Group Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of WTE Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Shorts
 
2 Ashgate Road
Chesterfield
S40 4AA
10 June 2025
Page 1

 
WTE GROUP LTD
REGISTERED NUMBER: 11885680

BALANCE SHEET
AS AT 30 APRIL 2025

30 April
31 March
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
6,721

Current assets
  

Debtors: amounts falling due within one year
 5 
-
4,403

Cash at bank and in hand
  
7,550
35,426

  
7,550
39,829

Creditors: amounts falling due within one year
 6 
(7,450)
(9,710)

Net current assets
  
 
 
100
 
 
30,119

Total assets less current liabilities
  
100
36,840

Provisions for liabilities
  

Deferred tax
  
-
(1,277)

Net assets
  
100
35,563


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
-
35,463

  
100
35,563


Page 2

 
WTE GROUP LTD
REGISTERED NUMBER: 11885680
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 period 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 statement of income and retained earnings 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 10 June 2025.



Dr J B J Hardwick
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
WTE GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025

1.


General information

WTE Group Ltd is a private company limited by shares, incorporated in England and Wales (registered number: 11885680). Its registered office is Cedar House, 63 Napier Street, Sheffield, S11 8HA. The principal activity throughout the year continued to be that of medical activities.

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 company's functional and presentation currency is pounds sterling.

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.

Page 4

 
WTE GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the period 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.

 
2.4

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Computer equipment
-
33%

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.

 
2.5

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.

Page 5

 
WTE GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025

2.Accounting policies (continued)

 
2.6

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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2.7

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

13 months ended
30 April
Year ended
31 March
2025
2024
£
£

Wages and salaries
4,577
16,628

4,577
16,628


The average monthly number of employees, including directors, during the period was 2 (2024 - 2).

Page 6

 
WTE GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025

4.


Tangible fixed assets







Fixtures and fittings
Office equipment
Total

£
£
£





At 1 April 2024
2,420
10,649
13,069


Additions
198
114
312


Disposals
(2,618)
(10,763)
(13,381)



At 30 April 2025

-
-
-





At 1 April 2024
1,274
5,074
6,348


Charge for the period on owned assets
269
1,877
2,146


Charge for the period on financed assets
(1,543)
(6,951)
(8,494)



At 30 April 2025

-
-
-



Net book value



At 30 April 2025
-
-
-



At 31 March 2024
1,146
5,575
6,721


5.


Debtors

30 April
31 March
2025
2024
£
£


Other debtors
-
4,403


Page 7

 
WTE GROUP LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 APRIL 2025

6.


Creditors: Amounts falling due within one year

30 April
31 March
2025
2024
£
£

Corporation tax
5,532
1,817

Other taxation and social security
-
286

Other creditors
118
1,592

Accruals and deferred income
1,800
6,015

7,450
9,710


 
Page 8