Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-01falseNo description of principal activity3438truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09642284 2023-10-01 2024-09-30 09642284 2022-10-01 2023-09-30 09642284 2024-09-30 09642284 2023-09-30 09642284 c:Director1 2023-10-01 2024-09-30 09642284 d:FurnitureFittings 2023-10-01 2024-09-30 09642284 d:FurnitureFittings 2024-09-30 09642284 d:FurnitureFittings 2023-09-30 09642284 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09642284 d:Goodwill 2023-10-01 2024-09-30 09642284 d:Goodwill 2024-09-30 09642284 d:Goodwill 2023-09-30 09642284 d:CurrentFinancialInstruments 2024-09-30 09642284 d:CurrentFinancialInstruments 2023-09-30 09642284 d:Non-currentFinancialInstruments 2024-09-30 09642284 d:Non-currentFinancialInstruments 2023-09-30 09642284 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09642284 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09642284 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 09642284 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 09642284 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 09642284 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 09642284 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 09642284 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 09642284 d:ShareCapital 2024-09-30 09642284 d:ShareCapital 2023-09-30 09642284 d:RetainedEarningsAccumulatedLosses 2024-09-30 09642284 d:RetainedEarningsAccumulatedLosses 2023-09-30 09642284 c:FRS102 2023-10-01 2024-09-30 09642284 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09642284 c:FullAccounts 2023-10-01 2024-09-30 09642284 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09642284 d:ComputerSoftware 2024-09-30 09642284 d:ComputerSoftware 2023-09-30 09642284 d:WithinOneYear 2024-09-30 09642284 d:WithinOneYear 2023-09-30 09642284 d:BetweenOneFiveYears 2024-09-30 09642284 d:BetweenOneFiveYears 2023-09-30 09642284 d:MoreThanFiveYears 2024-09-30 09642284 d:MoreThanFiveYears 2023-09-30 09642284 2 2023-10-01 2024-09-30 09642284 d:Goodwill d:OwnedIntangibleAssets 2023-10-01 2024-09-30 09642284 d:ComputerSoftware d:OwnedIntangibleAssets 2023-10-01 2024-09-30 09642284 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 09642284














HENWOOD TWENTY TWO LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
HENWOOD TWENTY TWO LIMITED
REGISTERED NUMBER:09642284

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note

Fixed assets
  

Intangible assets
 4 
17,500
39,531

Tangible assets
 5 
6,106
6,508

  
23,606
46,039

Current assets
  

Stock and work in progress
  
95,556
107,887

Debtors: amounts falling due within one year
 6 
249,691
192,268

Cash at bank and in hand
 7 
135,915
52,450

  
481,162
352,605

Creditors: amounts falling due within one year
 8 
(281,038)
(276,797)

Net current assets
  
 
 
200,124
 
 
75,808

Total assets less current liabilities
  
223,730
121,847

Creditors: amounts falling due after more than one year
 9 
(15,189)
(34,491)

Net assets
  
£208,541
£87,356


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
208,441
87,256

  
£208,541
£87,356


Page 1

 
HENWOOD TWENTY TWO LIMITED
REGISTERED NUMBER:09642284

BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

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 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 16 June 2025.




___________________________
Mr K J Betts
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
HENWOOD TWENTY TWO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Henwood Twenty Two Limited is a private company limited by shares and is incorporated in England and Wales under company number 09642284.
The company's registered office is 147 High Street, Hythe, Kent, England CT21 5JN.

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

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.

 
2.3

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.

 
2.4

Interest income

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

 
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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
HENWOOD TWENTY TWO LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

Other 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

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

 
HENWOOD TWENTY TWO LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as laid out in the table below.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20% reducing balance 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.

 
2.11

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.

 
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

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 34 (2023 - 38).

Page 5

 
HENWOOD TWENTY TWO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Intangible assets




Computer software
Goodwill
Total



Cost


At 1 October 2023
59,829
140,000
199,829



At 30 September 2024

59,829
140,000
199,829



Amortisation


At 1 October 2023
32,076
128,222
160,298


Charge for the year on owned assets
27,753
(5,722)
22,031



At 30 September 2024

59,829
122,500
182,329



Net book value



At 30 September 2024
£-
£17,500
£17,500



At 30 September 2023
£27,753
£11,778
£39,531




5.


Tangible fixed assets





Fixtures and fittings



Cost or valuation


At 1 October 2023
28,014


Additions
1,425



At 30 September 2024

29,439



Depreciation


At 1 October 2023
21,506


Charge for the year on owned assets
1,827



At 30 September 2024

23,333



Net book value



At 30 September 2024
£6,106



At 30 September 2023
£6,508

Page 6

 
HENWOOD TWENTY TWO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Debtors

2024
2023


Trade debtors
170,646
137,037

Other debtors
4,964
11,210

Prepayments and accrued income
74,081
44,021

£249,691
£192,268



7.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£135,915
£52,450



8.


Creditors: Amounts falling due within one year

2024
2023

Bank loans
19,840
19,290

Trade creditors
9,277
5,964

Corporation tax
93,145
51,865

Other taxation and social security
61,791
75,346

Obligations under finance lease and hire purchase contracts
-
9,659

Other creditors
85,920
101,964

Accruals and deferred income
11,065
12,709

£281,038
£276,797


Finance lease and hire purchase contracts are secured on the assets concerned.


9.


Creditors: Amounts falling due after more than one year

2024
2023

Bank loans
£15,189
£34,491


Page 7

 
HENWOOD TWENTY TWO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023

Amounts falling due within one year

Bank loans
19,840
19,290


19,840
19,290

Amounts falling due 1-2 years

Bank loans
15,189
19,592


15,189
19,592

Amounts falling due 2-5 years

Bank loans
-
14,899


-
14,899


£35,029
£53,781



11.


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. Contributions totalling £1,572 (2023: £2,607) were payable to the fund at the balance sheet date and are included in creditors.


12.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023


Not later than 1 year
6,241
14,100

Later than 1 year and not later than 5 years
6,031
6,241

Later than 5 years
-
12,271

£12,272
£32,612

Page 8