Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falsefalsecreative production and bespoke event solutions11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08877490 2024-01-01 2024-12-31 08877490 2023-01-01 2023-12-31 08877490 2024-12-31 08877490 2023-12-31 08877490 c:Director1 2024-01-01 2024-12-31 08877490 d:MotorVehicles 2024-01-01 2024-12-31 08877490 d:MotorVehicles 2024-12-31 08877490 d:MotorVehicles 2023-12-31 08877490 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08877490 d:FurnitureFittings 2024-01-01 2024-12-31 08877490 d:FurnitureFittings 2024-12-31 08877490 d:FurnitureFittings 2023-12-31 08877490 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08877490 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08877490 d:CurrentFinancialInstruments 2024-12-31 08877490 d:CurrentFinancialInstruments 2023-12-31 08877490 d:Non-currentFinancialInstruments 2024-12-31 08877490 d:Non-currentFinancialInstruments 2023-12-31 08877490 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08877490 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08877490 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 08877490 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 08877490 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 08877490 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 08877490 d:ShareCapital 2024-12-31 08877490 d:ShareCapital 2023-12-31 08877490 d:RetainedEarningsAccumulatedLosses 2024-12-31 08877490 d:RetainedEarningsAccumulatedLosses 2023-12-31 08877490 c:FRS102 2024-01-01 2024-12-31 08877490 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08877490 c:FullAccounts 2024-01-01 2024-12-31 08877490 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08877490 2 2024-01-01 2024-12-31 08877490 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 08877490









ADW CREATIVE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
ADW CREATIVE LIMITED
REGISTERED NUMBER: 08877490

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,194
792

  
4,194
792

Current assets
  

Stocks
 5 
28,250
28,250

Debtors: amounts falling due within one year
 6 
945
8,497

Cash at bank and in hand
 7 
3,000
14,766

  
32,195
51,513

Creditors: amounts falling due within one year
 8 
(78,222)
(42,109)

Net current (liabilities)/assets
  
 
 
(46,027)
 
 
9,404

Total assets less current liabilities
  
(41,833)
10,196

Creditors: amounts falling due after more than one year
 9 
(31,547)
(39,795)

  

Net liabilities
  
(73,380)
(29,599)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(73,381)
(29,600)

  
(73,380)
(29,599)


Page 1

 
ADW CREATIVE LIMITED
REGISTERED NUMBER: 08877490
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 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 on 29 August 2025.




................................................
Christopher Gaines
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ADW CREATIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company is that of creative production and bespoke event solutions. 

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

Going concern

The accounts are produced on a going concern basis. This assumes the ongoing support of the director, which he has pledged for the foreseeable future.

 
2.3

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.

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.

Page 3

 
ADW CREATIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

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.

 
2.7

Borrowing costs

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

 
2.8

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.


 
2.9

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.

Page 4

 
ADW CREATIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.9
Tangible fixed assets (continued)

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:

Motor vehicles
-
25%
straight line
Fixtures and fittings
-
25%
straight line

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.

 
2.10

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
ADW CREATIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 January 2024
6,750
39,690
46,440


Additions
-
5,063
5,063



At 31 December 2024

6,750
44,753
51,503



Depreciation


At 1 January 2024
6,750
38,898
45,648


Charge for the year on owned assets
-
1,661
1,661



At 31 December 2024

6,750
40,559
47,309



Net book value



At 31 December 2024
-
4,194
4,194



At 31 December 2023
-
792
792


5.


Stocks

2024
2023
£
£

Finished goods and goods for resale
28,250
28,250

28,250
28,250



6.


Debtors

2024
2023
£
£


Other debtors
-
6,851

Prepayments and accrued income
945
1,646

945
8,497


Page 6

 
ADW CREATIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
3,000
14,766

3,000
14,766



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
8,332
7,240

Other taxation and social security
5,858
5,285

Other creditors
62,306
27,878

Accruals and deferred income
1,726
1,706

78,222
42,109



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
31,547
39,795

31,547
39,795



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
8,332
7,240


Amounts falling due 2-5 years

Bank loans
31,547
39,795


39,879
47,035


Page 7

 
ADW CREATIVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

11.


Controlling party

The Company is controlled by the director Christopher Gaines, by virtue of his shareholding, as described in the director's report.

 
Page 8