23 false false false false false false false false false false true false false false false false false No description of principal activity 2024-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 1,221,624 595,490 52,178 647,668 573,956 626,134 xbrli:pure xbrli:shares iso4217:GBP 05568929 2024-05-01 2025-04-30 05568929 2025-04-30 05568929 2024-04-30 05568929 2023-05-01 2024-04-30 05568929 2024-04-30 05568929 2023-04-30 05568929 core:NetGoodwill 2024-05-01 2025-04-30 05568929 core:PlantMachinery 2024-05-01 2025-04-30 05568929 core:FurnitureFittings 2024-05-01 2025-04-30 05568929 core:MotorVehicles 2024-05-01 2025-04-30 05568929 bus:Director3 2024-05-01 2025-04-30 05568929 core:NetGoodwill 2024-04-30 05568929 core:NetGoodwill 2025-04-30 05568929 core:PlantMachinery 2024-04-30 05568929 core:FurnitureFittings 2024-04-30 05568929 core:PlantMachinery 2025-04-30 05568929 core:FurnitureFittings 2025-04-30 05568929 core:WithinOneYear 2025-04-30 05568929 core:WithinOneYear 2024-04-30 05568929 core:AfterOneYear 2024-04-30 05568929 core:ShareCapital 2025-04-30 05568929 core:ShareCapital 2024-04-30 05568929 core:RetainedEarningsAccumulatedLosses 2025-04-30 05568929 core:RetainedEarningsAccumulatedLosses 2024-04-30 05568929 core:NetGoodwill 2024-04-30 05568929 core:PlantMachinery 2024-04-30 05568929 core:FurnitureFittings 2024-04-30 05568929 bus:SmallEntities 2024-05-01 2025-04-30 05568929 bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 05568929 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 05568929 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05568929 bus:FullAccounts 2024-05-01 2025-04-30
COMPANY REGISTRATION NUMBER: 05568929
CW&R LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 April 2025
CW&R LIMITED
STATEMENT OF FINANCIAL POSITION
30 April 2025
2025
2024
Note
£
£
£
FIXED ASSETS
Intangible assets
5
573,956
626,134
Tangible assets
6
26,939
42,127
--------
--------
600,895
668,261
CURRENT ASSETS
Debtors
7
456,197
392,194
Cash at bank and in hand
75,148
33,628
--------
--------
531,345
425,822
CREDITORS: amounts falling due within one year
8
391,017
346,029
--------
--------
NET CURRENT ASSETS
140,328
79,793
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
741,223
748,054
CREDITORS: amounts falling due after more than one year
9
201,553
PROVISIONS
Taxation including deferred tax
6,040
9,737
--------
--------
NET ASSETS
735,183
536,764
--------
--------
CAPITAL AND RESERVES
Called up share capital
85
85
Profit and loss account
735,098
536,679
--------
--------
SHAREHOLDERS FUNDS
735,183
536,764
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
CW&R LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 April 2025
These financial statements were approved by the board of directors and authorised for issue on 19 August 2025 , and are signed on behalf of the board by:
Mr P Dennison
Director
Company registration number: 05568929
CW&R LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 APRIL 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20 Mannin Way, Lancaster Business Park, Lancaster, Lancashire, LA1 3SW, United Kingdom.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Purchased Goodwill
-
5% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Equipment
-
20% straight line
Office Fixtures and Relocation Costs
-
10% straight line
Motor Vehicles
-
25% reducing balance
Computer Equipment
-
33% straight line
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 23 (2024: 24 ).
5. INTANGIBLE ASSETS
Goodwill
£
Cost
At 1 May 2024 and 30 April 2025
1,221,624
----------
Amortisation
At 1 May 2024
595,490
Charge for the year
52,178
----------
At 30 April 2025
647,668
----------
Carrying amount
At 30 April 2025
573,956
----------
At 30 April 2024
626,134
----------
6. TANGIBLE ASSETS
Office Equipment
Office Fixtures and Relocation Expenses
Computer Equipment
Total
£
£
£
£
Cost
At 1 May 2024
17,823
108,796
47,203
173,822
Additions
3,116
3,116
-------
--------
-------
--------
At 30 April 2025
17,823
108,796
50,319
176,938
-------
--------
-------
--------
Depreciation
At 1 May 2024
11,305
85,259
35,131
131,695
Charge for the year
1,629
10,879
5,796
18,304
-------
--------
-------
--------
At 30 April 2025
12,934
96,138
40,927
149,999
-------
--------
-------
--------
Carrying amount
At 30 April 2025
4,889
12,658
9,392
26,939
-------
--------
-------
--------
At 30 April 2024
6,518
23,537
12,072
42,127
-------
--------
-------
--------
7. DEBTORS
2025
2024
£
£
Trade debtors
224,623
210,462
Other debtors
231,574
181,732
--------
--------
456,197
392,194
--------
--------
8. CREDITORS: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
9,167
Corporation tax
145,569
57,455
Social security and other taxes
97,589
102,424
Other creditors
147,859
176,983
--------
--------
391,017
346,029
--------
--------
9. CREDITORS: amounts falling due after more than one year
2025
2024
£
£
Other creditors
201,553
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