Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-01true1falseNo description of principal activity2falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10975779 2023-10-01 2024-09-30 10975779 2022-10-01 2023-09-30 10975779 2024-09-30 10975779 2023-09-30 10975779 c:Director1 2023-10-01 2024-09-30 10975779 d:FreeholdInvestmentProperty 2024-09-30 10975779 d:FreeholdInvestmentProperty 2023-09-30 10975779 d:FreeholdInvestmentProperty 2 2023-10-01 2024-09-30 10975779 d:CurrentFinancialInstruments 2024-09-30 10975779 d:CurrentFinancialInstruments 2023-09-30 10975779 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 10975779 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 10975779 d:ShareCapital 2024-09-30 10975779 d:ShareCapital 2023-09-30 10975779 d:RetainedEarningsAccumulatedLosses 2024-09-30 10975779 d:RetainedEarningsAccumulatedLosses 2023-09-30 10975779 c:FRS102 2023-10-01 2024-09-30 10975779 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10975779 c:FullAccounts 2023-10-01 2024-09-30 10975779 c:CompanyLimitedByGuarantee 2023-10-01 2024-09-30 10975779 f:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 10975779










WOODS DYKE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
WOODS DYKE LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 7


 
WOODS DYKE LIMITED
REGISTERED NUMBER: 10975779

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
2
-

Investment property
 5 
240,000
236,246

  
240,002
236,246

Current assets
  

Stocks
  
5,000
-

Debtors: amounts falling due within one year
 6 
22,962
440

Bank and cash balances
  
7,599
100,413

  
35,561
100,853

Creditors: amounts falling due within one year
 7 
(220,322)
(300,533)

Net current liabilities
  
 
 
(184,761)
 
 
(199,680)

Total assets less current liabilities
  
55,241
36,566

Provisions for liabilities
  

Deferred tax
  
(939)
-

  
 
 
(939)
 
 
-

Net assets
  
54,302
36,566


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
54,202
36,466

  
54,302
36,566


Page 1

 
WOODS DYKE LIMITED
REGISTERED NUMBER: 10975779
    
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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 income statement 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 by: 




C J Richardson
Director

Date: 27 June 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
WOODS DYKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Woods Dyke Limited is a private company limited by shares and incorporated in England and Wales with registration number 10975779. The registered office is 1st Floor Prospect House, Rouen Road, Norwich, NR1 1RE

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

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

 
WOODS DYKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

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 reporting 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 reporting 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 reporting date.


 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
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

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.

Page 4

 
WOODS DYKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

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.

 
2.9

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.

 
2.10

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.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
1


4.


Fixed asset investments





Trade investments

£





Additions
2



At 30 September 2024
2




Page 5

 
WOODS DYKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 October 2023
236,246


Surplus on revaluation
3,754



At 30 September 2024
240,000

The 2024 valuations were made by the director, on an open market value for existing use basis.


2024
2023
£
£


Historic cost
236,246
236,246

236,246
236,246


6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
22,962
-

Prepayments and accrued income
-
440

22,962
440



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
4,465
5,565

Other taxation and social security
1,621
1,510

Other creditors
205,656
283,172

Accruals and deferred income
8,580
10,286

220,322
300,533


Page 6

 
WOODS DYKE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Related party transactions

At the year end the company owed the director £205,656 (2023: £283,172). Interest is charged at 3% and the balance is repayable on demand. 
The company was owed £22,962 from a subsidiary at the reporting date (2023: £nil). 

 
Page 7