Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-10-01falseNo description of principal activity21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05946385 2023-10-01 2024-09-30 05946385 2022-10-01 2023-09-30 05946385 2024-09-30 05946385 2023-09-30 05946385 c:Director1 2023-10-01 2024-09-30 05946385 d:PlantMachinery 2023-10-01 2024-09-30 05946385 d:PlantMachinery 2024-09-30 05946385 d:PlantMachinery 2023-09-30 05946385 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05946385 d:MotorVehicles 2023-10-01 2024-09-30 05946385 d:MotorVehicles 2024-09-30 05946385 d:MotorVehicles 2023-09-30 05946385 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05946385 d:ComputerEquipment 2023-10-01 2024-09-30 05946385 d:ComputerEquipment 2024-09-30 05946385 d:ComputerEquipment 2023-09-30 05946385 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05946385 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 05946385 d:CurrentFinancialInstruments 2024-09-30 05946385 d:CurrentFinancialInstruments 2023-09-30 05946385 d:Non-currentFinancialInstruments 2024-09-30 05946385 d:Non-currentFinancialInstruments 2023-09-30 05946385 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05946385 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05946385 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 05946385 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 05946385 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 05946385 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 05946385 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 05946385 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-09-30 05946385 d:ShareCapital 2024-09-30 05946385 d:ShareCapital 2023-09-30 05946385 d:RetainedEarningsAccumulatedLosses 2024-09-30 05946385 d:RetainedEarningsAccumulatedLosses 2023-09-30 05946385 c:FRS102 2023-10-01 2024-09-30 05946385 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05946385 c:FullAccounts 2023-10-01 2024-09-30 05946385 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05946385 2 2023-10-01 2024-09-30 05946385 6 2023-10-01 2024-09-30 05946385 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 05946385









ARWENS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
ARWENS LIMITED
REGISTERED NUMBER: 05946385

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2024
2023
2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
5,703
6,547

Investments
 5 
24,700
24,700

  
30,403
31,247

Current assets
  

Stocks
 6 
24,500
28,423

Debtors: amounts falling due within one year
 7 
309,617
190,498

Cash at bank and in hand
  
516
12,160

  
334,633
231,081

Creditors: amounts falling due within one year
 8 
(274,737)
(147,896)

Net current assets
  
 
 
59,896
 
 
83,185

Total assets less current liabilities
  
90,299
114,432

Creditors: amounts falling due after more than one year
 9 
(8,690)
(18,449)

  

Net assets
  
81,609
95,983


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
81,509
95,883

  
81,609
95,983


Page 1

 
ARWENS LIMITED
REGISTERED NUMBER: 05946385
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 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 by: 



................................................
A Apetre
Director

Date: 29 July 2025

Page 2

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

1.


General information

Arwens Limited is private company limited by shares. The company is incorporated in England and Wales and its registered office is 11 Watford Enterprise Centre, 25 Greenhill Crescent, Watford, WD18 8XU. The registered number is 05946385.

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 presentational currency is GBP.

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.

Page 3

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

2.Accounting policies (continued)

 
2.6

Borrowing costs

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

 
2.7

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.


 
2.8

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:

Plant & machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Computer equipment
-
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.

 
2.9

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

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

Page 4

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

2.Accounting policies (continued)

 
2.10

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 balance sheet 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.

 
2.11

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 2 (2023 - 1).

Page 5

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

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 October 2023
4,063
13,102
1,708
18,873


Additions
-
-
1,058
1,058



At 30 September 2024

4,063
13,102
2,766
19,931



Depreciation


At 1 October 2023
4,034
7,296
997
12,327


Charge for the year on owned assets
7
1,452
442
1,901



At 30 September 2024

4,041
8,748
1,439
14,228



Net book value



At 30 September 2024
22
4,354
1,327
5,703



At 30 September 2023
29
5,806
712
6,547


5.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 October 2023
24,700



At 30 September 2024
24,700




Page 6

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

6.


Stocks

2024
2023
£
£

Raw materials and consumables
24,500
28,423

24,500
28,423



7.


Debtors

2024
2023
£
£


Trade debtors
-
33,400

Amounts owed by group undertakings
236,073
146,073

Other debtors
73,544
11,025

309,617
190,498



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,362
10,612

Trade creditors
222,902
96,958

Corporation tax
18,218
15,334

Other taxation and social security
3,259
14,152

Other creditors
7,500
7,841

Accruals and deferred income
12,496
2,999

274,737
147,896



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
8,690
18,449

8,690
18,449


Page 7

 
ARWENS 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
10,362
10,612


10,362
10,612

Amounts falling due 1-2 years

Bank loans
8,690
10,362


8,690
10,362

Amounts falling due 2-5 years

Bank loans
-
8,087


-
8,087


19,052
29,061



11.


Related party transactions

Included in other debtors was an amount of £236,073 (2023: £146,073) due from Arwens Decorating Limited, a company in which the director has an interest. This loan is unsecured, interest free and repayable on demand.

 
Page 8