Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 false false No description of principal activity 2024-01-01 1 1 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07450333 2024-01-01 2024-12-31 07450333 2023-01-01 2023-12-31 07450333 2024-12-31 07450333 2023-12-31 07450333 2023-01-01 07450333 1 2023-01-01 2023-12-31 07450333 d:Director1 2024-01-01 2024-12-31 07450333 e:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 07450333 e:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 07450333 e:CurrentFinancialInstruments 2024-12-31 07450333 e:CurrentFinancialInstruments 2023-12-31 07450333 e:Non-currentFinancialInstruments 2024-12-31 07450333 e:Non-currentFinancialInstruments 2023-12-31 07450333 e:CurrentFinancialInstruments e:WithinOneYear 2024-12-31 07450333 e:CurrentFinancialInstruments e:WithinOneYear 2023-12-31 07450333 e:ShareCapital 2024-01-01 2024-12-31 07450333 e:ShareCapital 2024-12-31 07450333 e:ShareCapital 2023-01-01 2023-12-31 07450333 e:ShareCapital 2023-12-31 07450333 e:ShareCapital 2023-01-01 07450333 e:InvestmentPropertiesRevaluationReserve 2024-01-01 2024-12-31 07450333 e:InvestmentPropertiesRevaluationReserve 2024-12-31 07450333 e:InvestmentPropertiesRevaluationReserve 2023-01-01 2023-12-31 07450333 e:InvestmentPropertiesRevaluationReserve 2023-12-31 07450333 e:InvestmentPropertiesRevaluationReserve 2023-01-01 07450333 e:InvestmentPropertiesRevaluationReserve 1 2023-01-01 2023-12-31 07450333 e:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 07450333 e:RetainedEarningsAccumulatedLosses 2024-12-31 07450333 e:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 07450333 e:RetainedEarningsAccumulatedLosses 2023-12-31 07450333 e:RetainedEarningsAccumulatedLosses 2023-01-01 07450333 d:FRS102 2024-01-01 2024-12-31 07450333 d:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07450333 d:FullAccounts 2024-01-01 2024-12-31 07450333 d:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07450333 2 2024-01-01 2024-12-31 07450333 4 2024-01-01 2024-12-31 07450333 f:PoundSterling 2024-01-01 2024-12-31 07450333 e:RetainedEarningsAccumulatedLosses e:PreviouslyStatedAmount 2023-01-01 07450333 e:PreviouslyStatedAmount 2023-01-01 07450333 e:PriorPeriodErrorIncreaseDecrease 2023-01-01 07450333 e:InvestmentPropertiesRevaluationReserve e:PriorPeriodErrorIncreaseDecrease 2023-01-01 07450333 e:RetainedEarningsAccumulatedLosses e:PriorPeriodErrorIncreaseDecrease 2023-01-01 07450333 e:ShareCapital e:PriorPeriodErrorIncreaseDecrease 2023-01-01 iso4217:GBP xbrli:pure

Registered number: 07450333 WFF VENTURES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
WFF VENTURES LIMITED REGISTERED NUMBER: 07450333 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due after more than one year | 5 | 33,676 |  | - |
Debtors: amounts falling due within one year | 5 | 10,753 |  | - |
Cash at bank and in hand |  | 26,317 |  | 26,253 |
|  | 70,746 |  | 26,253 |
Creditors: amounts falling due within one year | 6 | (92,220) |  | (60,499) |
Net current liabilities |  |  | (21,474) |  | (34,246)
Total assets less current liabilities |  |  | (21,474) |  | (34,246)
Net liabilities |  |  | (21,474) |  | (34,246)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 10 |  | 10
Profit and loss account |  |  | (21,484) |  | (34,256)
|  |  | (21,474) |  | (34,246)
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 11 September 2025.
William Frewen
Director
The notes on pages 3 to 6 form part of these financial statements. Page 1
WFF VENTURES LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2024
| Called up share capital | Investment property revaluation reserve | Profit and loss account | Total equity
| £ | £ | £ | £
At 1 January 2023 (as previously stated) | 10 | 104,872 | (94,481) | 10,401
Prior year adjustment - correction of error | - | - | (60,000) | (60,000)
At 1 January 2023 (as restated) | 10 | 104,872 | (154,481) | (49,599)
Comprehensive income for the year |  |  |  |
Profit for the year | - | - | 15,353 | 15,353
Other comprehensive income for the year | - | - | - | -
Total comprehensive income for the year | - | - | 15,353 | 15,353
Transfer to/from profit and loss account | - | - | 104,872 | 104,872
Transfer between other reserves | - | (104,872) | - | (104,872)
Total transactions with owners | - | (104,872) | 104,872 | -
At 1 January 2024 | 10 | - | (34,256) | (34,246)
Comprehensive income for the year |  |  |  |
Profit for the year | - | - | 12,772 | 12,772
Other comprehensive income for the year | - | - | - | -
Total comprehensive income for the year | - | - | 12,772 | 12,772
Total transactions with owners | - | - | - | -
At 31 December 2024 | 10 | - | (21,484) | (21,474)
| The notes on pages 3 to 6 form part of these financial statements.
Page 2
WFF VENTURES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
WFF Ventures Limited is a company incorporated in the United Kingdom under the Companies Act. The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 1 London Street, Reading, Berkshire, RG1 4QW. 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
Director Mr W Frewen has agreed not to seek repayment of amounts owing to him until repayment can be made without detriment to other creditors. He has also agreed to make funds available to enable the company to meet its liabilities as and when they fall due. Accordingly, the director considers that it is appropriate to prepare the financial statements on a going concern basis.
| 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: 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.
| 2.4 | 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
WFF VENTURES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.6 | 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.
| 2.7 | Exceptional items
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
| 2.8 | Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | 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 4
WFF VENTURES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Intangible assets
|  | Investment in musicals
|  | £
| Cost |
| At 1 January 2024 | 50,000
| At 31 December 2024 | 50,000
| Amortisation |
| At 1 January 2024 | 50,000
| At 31 December 2024 | 50,000
| Net book value |
| At 31 December 2024 | -
| At 31 December 2023 | -
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due after more than one year |  |
| Other debtors | 33,676 | -
|  | 33,676 | -
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Due within one year |  |
| Other debtors | 10,753 | -
|  | 10,753 | -
Page 5
WFF VENTURES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Other creditors | 88,000 | 58,000
| Accruals and deferred income | 4,220 | 2,499
|  | 92,220 | 60,499
Page 6