Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302false2023-10-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03020059 2023-10-01 2024-09-30 03020059 2023-03-01 2023-09-30 03020059 2024-09-30 03020059 2023-09-30 03020059 c:Director2 2023-10-01 2024-09-30 03020059 d:Buildings d:ShortLeaseholdAssets 2023-10-01 2024-09-30 03020059 d:Buildings d:ShortLeaseholdAssets 2024-09-30 03020059 d:Buildings d:ShortLeaseholdAssets 2023-09-30 03020059 d:MotorVehicles 2023-10-01 2024-09-30 03020059 d:MotorVehicles 2024-09-30 03020059 d:MotorVehicles 2023-09-30 03020059 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 03020059 d:FurnitureFittings 2023-10-01 2024-09-30 03020059 d:FurnitureFittings 2024-09-30 03020059 d:FurnitureFittings 2023-09-30 03020059 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 03020059 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 03020059 d:CurrentFinancialInstruments 2024-09-30 03020059 d:CurrentFinancialInstruments 2023-09-30 03020059 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 03020059 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 03020059 d:ShareCapital 2024-09-30 03020059 d:ShareCapital 2023-09-30 03020059 d:SharePremium 2024-09-30 03020059 d:SharePremium 2023-09-30 03020059 d:RetainedEarningsAccumulatedLosses 2024-09-30 03020059 d:RetainedEarningsAccumulatedLosses 2023-09-30 03020059 c:FRS102 2023-10-01 2024-09-30 03020059 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 03020059 c:FullAccounts 2023-10-01 2024-09-30 03020059 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03020059 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 03020059







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024


WARDEN DEVELOPMENTS LIMITED






































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WARDEN DEVELOPMENTS LIMITED
REGISTERED NUMBER:03020059



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
177,902
208,929

  
177,902
208,929

Current assets
  

Stocks
  
214,376
206,686

Debtors: amounts falling due within one year
 5 
1,448,430
675,149

Bank and cash balances
  
1,977,555
2,943,463

  
3,640,361
3,825,298

Creditors: amounts falling due within one year
 6 
(365,546)
(276,115)

Net current assets
  
 
 
3,274,815
 
 
3,549,183

Total assets less current liabilities
  
3,452,717
3,758,112

  

Net assets
  
3,452,717
3,758,112


Capital and reserves
  

Called up share capital 
  
111
111

Share premium account
  
299,990
299,990

Profit and loss account
  
3,152,616
3,458,011

  
3,452,717
3,758,112


Page 1

 


WARDEN DEVELOPMENTS LIMITED
REGISTERED NUMBER:03020059


    
STATEMENT OF FINANCIAL POSITION (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 19 June 2025.




................................................
H J Lewis
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


WARDEN DEVELOPMENTS LIMITED
 


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

1.


General information

Warden Developments Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).
The comparative period in the financial statements is a 7 months period from 1 March 2023 to 30 September 2023.  The shortened prior period should be taken into account when reviewing the comparative information within the financial statements.

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:

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.

 
2.3

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.

Page 3

 


WARDEN DEVELOPMENTS LIMITED
 


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

2.Accounting policies (continued)

 
2.4

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.


 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Land and buildings
-
Not depreciated
Motor vehicles
-
25%
Fixtures and fittings
-
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.

It is the policy of the company not to provide depreciation on the land and buildings. The premises are maintained to a high standard and the directors consider that the life of the premises are so long that the residual value is so great that depreciation is not considered necessary.

 
2.6

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 reporting 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.

 
2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Page 4

 


WARDEN DEVELOPMENTS LIMITED
 


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

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Land and buildings
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 October 2023
114,203
163,880
17,082
295,165



At 30 September 2024

114,203
163,880
17,082
295,165



Depreciation


At 1 October 2023
-
71,365
14,871
86,236


Charge for the year on owned assets
-
30,118
909
31,027



At 30 September 2024

-
101,483
15,780
117,263



Net book value



At 30 September 2024
114,203
62,397
1,302
177,902



At 28 February 2023
114,203
92,515
2,211
208,929


5.


Debtors

2024
2023
£
£


Trade debtors
66
-

Amounts owed by connected companies
505,776
606,213

Other debtors
661,042
12,246

Prepayments and accrued income
9,969
5,163

Tax recoverable
271,577
51,527

1,448,430
675,149


Page 5

 


WARDEN DEVELOPMENTS LIMITED
 


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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,415
7,719

Corporation tax
220,050
124,824

Other taxation and social security
16,033
15,708

Other creditors
-
2,606

Accruals and deferred income
127,048
125,258

365,546
276,115



7.


Related party transactions

At the reporting date the company is owed £505,776 (2023: £606,213) from related parties. The balance can be found within debtors due within one year.


8.


Related party disclosures

The company is bound by an agreement dated 17 September 2014 to work together with other parties to promote certain sites for development. The parties subject to the agreement include:
- Samuel Beadie Investments Limited
- Samuel Beadie Arlesey Limited
- Samuel Beadie Residential Limited
- Warden Developments Limited
- Alan Deville (Deceased) and Susan Deville (Deceased)
- Nigel and Heather Lewis

 
Page 6