Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31media2023-11-01false33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00890775 2023-11-01 2024-10-31 00890775 2022-11-01 2023-10-31 00890775 2024-10-31 00890775 2023-10-31 00890775 c:Director1 2023-11-01 2024-10-31 00890775 d:Buildings 2023-11-01 2024-10-31 00890775 d:Buildings 2024-10-31 00890775 d:Buildings 2023-10-31 00890775 d:Buildings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 00890775 d:Buildings d:LongLeaseholdAssets 2023-11-01 2024-10-31 00890775 d:PlantMachinery 2023-11-01 2024-10-31 00890775 d:MotorVehicles 2023-11-01 2024-10-31 00890775 d:FurnitureFittings 2023-11-01 2024-10-31 00890775 d:OtherPropertyPlantEquipment 2023-11-01 2024-10-31 00890775 d:OtherPropertyPlantEquipment 2024-10-31 00890775 d:OtherPropertyPlantEquipment 2023-10-31 00890775 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 00890775 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 00890775 d:CurrentFinancialInstruments 2024-10-31 00890775 d:CurrentFinancialInstruments 2023-10-31 00890775 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 00890775 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 00890775 d:ShareCapital 2024-10-31 00890775 d:ShareCapital 2023-10-31 00890775 d:RetainedEarningsAccumulatedLosses 2024-10-31 00890775 d:RetainedEarningsAccumulatedLosses 2023-10-31 00890775 c:OrdinaryShareClass1 2023-11-01 2024-10-31 00890775 c:OrdinaryShareClass1 2024-10-31 00890775 c:FRS102 2023-11-01 2024-10-31 00890775 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 00890775 c:FullAccounts 2023-11-01 2024-10-31 00890775 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 00890775 6 2023-11-01 2024-10-31 00890775 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 00890775














WESTWARD HO ADVENTURE HOLIDAYS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 OCTOBER 2024

 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
 

CONTENTS



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


 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
REGISTERED NUMBER:00890775

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
282,555
260,634

Current assets
  

Stocks
  
1,000
245,440

Debtors: amounts falling due within one year
 5 
31,100
75,749

Current asset investments
 6 
2,330,118
1,627,984

Cash at bank and in hand
  
385,388
771,717

  
2,747,606
2,720,890

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(397,635)
(365,560)

Net current assets
  
 
 
2,349,971
 
 
2,355,330

  

Net assets
  
2,632,526
2,615,964


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit And Loss Account
  
2,632,426
2,615,864

  
2,632,526
2,615,964


Page 1

 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
REGISTERED NUMBER:00890775
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

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 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 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 22 July 2025.




Sir R Fiennes
Director

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

Page 2

 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

The company's legal form is that of a private limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD. The company's principal place of business is at Greenlands, Exford, Minehead, Somerset, TA24 7NU. 

The company's principal activities are those of marketing and exploiting the personal skills of the director as an explorer, adventurer, author and speaker, together with farming and horse-breeding activities.

The company's functional and presentational currency is £ sterling.

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

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, net of Value Added Tax.
Revenue in respect of book advances and royalties is recognised on receipt.
Revenue in respect of speaking and presentation fees is recognised on delivery of the assignment.
Revenue in respect of horse-breeding activities is recognised upon dispatch of foals to customers.

 
2.3

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.
At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Page 3

 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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:

Freehold land
-
Nil
Leasehold improvements
-
15% straight line
Plant and machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
25% reducing balance

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.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

 
2.6

Debtors

Short term debtors are measured at the transaction price, less any impairment. 

 
2.7

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. 

 
2.8

Creditors

Short term creditors are measured at the transaction price.

Page 4

 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.9

Pensions

Defined contribution pension plan
The Company contributes to defined contribution plans 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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.10

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.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:


3.


Employees

2024
2023
£
£

Wages and salaries
122,022
117,202

Social security costs
11,621
10,363

Cost of defined contribution scheme
62,142
62,026

195,785
189,591


The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Land and buildings
Other fixed assets
Total

£
£
£



Cost 


At 1 November 2023
1,220,924
348,370
1,569,294


Additions
-
62,995
62,995


Disposals
-
(62,704)
(62,704)



At 31 October 2024

1,220,924
348,661
1,569,585



Depreciation


At 1 November 2023
1,012,802
295,858
1,308,660


Charge for the year on owned assets
104
21,374
21,478


Disposals
-
(43,108)
(43,108)



At 31 October 2024

1,012,906
274,124
1,287,030



Net book value



At 31 October 2024
208,018
74,537
282,555



At 31 October 2023
208,122
52,512
260,634

Page 6

 
WESTWARD HO ADVENTURE HOLIDAYS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
12,700
54,567

Other debtors
6,536
777

Prepayments and accrued income
7,329
15,870

Tax recoverable
4,535
4,535

31,100
75,749



6.


Current asset investments

2024
2023
£
£

Listed investments
2,330,118
1,627,984



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
1,583
-

Trade creditors
762
6,185

Taxation and social security
8,319
39,637

Other creditors
367,971
300,238

Accruals and deferred income
19,000
19,500

397,635
365,560



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1.00 each
100
100


Page 7