Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 false true 2024-05-01 false No description of principal activity 12 13 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03174306 2024-05-01 2025-04-30 03174306 2023-05-01 2024-04-30 03174306 2025-04-30 03174306 2024-04-30 03174306 c:Director1 2024-05-01 2025-04-30 03174306 d:Buildings 2024-05-01 2025-04-30 03174306 d:Buildings 2025-04-30 03174306 d:Buildings 2024-04-30 03174306 d:Buildings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 03174306 d:MotorVehicles 2024-05-01 2025-04-30 03174306 d:FurnitureFittings 2024-05-01 2025-04-30 03174306 d:ComputerEquipment 2024-05-01 2025-04-30 03174306 d:OtherPropertyPlantEquipment 2024-05-01 2025-04-30 03174306 d:OtherPropertyPlantEquipment 2025-04-30 03174306 d:OtherPropertyPlantEquipment 2024-04-30 03174306 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 03174306 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 03174306 d:PatentsTrademarksLicencesConcessionsSimilar 2025-04-30 03174306 d:PatentsTrademarksLicencesConcessionsSimilar 2024-04-30 03174306 d:Goodwill 2025-04-30 03174306 d:Goodwill 2024-04-30 03174306 d:CurrentFinancialInstruments 2025-04-30 03174306 d:CurrentFinancialInstruments 2024-04-30 03174306 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 03174306 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 03174306 d:ShareCapital 2025-04-30 03174306 d:ShareCapital 2024-04-30 03174306 d:RetainedEarningsAccumulatedLosses 2025-04-30 03174306 d:RetainedEarningsAccumulatedLosses 2024-04-30 03174306 c:OrdinaryShareClass1 2024-05-01 2025-04-30 03174306 c:OrdinaryShareClass1 2025-04-30 03174306 c:OrdinaryShareClass1 2024-04-30 03174306 c:OrdinaryShareClass2 2024-05-01 2025-04-30 03174306 c:OrdinaryShareClass2 2025-04-30 03174306 c:OrdinaryShareClass2 2024-04-30 03174306 c:OrdinaryShareClass3 2024-05-01 2025-04-30 03174306 c:OrdinaryShareClass3 2025-04-30 03174306 c:OrdinaryShareClass3 2024-04-30 03174306 c:OrdinaryShareClass4 2024-05-01 2025-04-30 03174306 c:OrdinaryShareClass4 2025-04-30 03174306 c:OrdinaryShareClass4 2024-04-30 03174306 c:OrdinaryShareClass5 2024-05-01 2025-04-30 03174306 c:OrdinaryShareClass5 2025-04-30 03174306 c:OrdinaryShareClass5 2024-04-30 03174306 c:FRS102 2024-05-01 2025-04-30 03174306 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 03174306 c:FullAccounts 2024-05-01 2025-04-30 03174306 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 03174306 d:WithinOneYear 2025-04-30 03174306 d:WithinOneYear 2024-04-30 03174306 d:AcceleratedTaxDepreciationDeferredTax 2025-04-30 03174306 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 03174306 d:RetirementBenefitObligationsDeferredTax 2025-04-30 03174306 d:RetirementBenefitObligationsDeferredTax 2024-04-30 03174306 e:PoundSterling 2024-05-01 2025-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03174306 DOVETAIL CARPETS LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
DOVETAIL CARPETS LIMITED REGISTERED NUMBER: 03174306 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 1 |  | 1
Tangible assets | 5 |  | 10,826 |  | 14,921
|  |  | 10,827 |  | 14,922
Current assets |  |  |  |  |
Stocks |  | 93,209 |  | 107,024 |
Debtors: amounts falling due within one year | 6 | 153,369 |  | 187,620 |
Cash at bank and in hand |  | 151,828 |  | 179,054 |
|  | 398,406 |  | 473,698 |
Creditors: amounts falling due within one year | 7 | (236,867) |  | (267,392) |
Net current assets |  |  | 161,539 |  | 206,306
Total assets less current liabilities |  |  | 172,366 |  | 221,228
Net assets |  |  | 172,366 |  | 221,228
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1,101 |  | 1,101
Profit and loss account |  |  | 171,265 |  | 220,127
|  |  | 172,366 |  | 221,228
Page 1
DOVETAIL CARPETS LIMITED REGISTERED NUMBER: 03174306 BALANCE SHEET (CONTINUED) AS AT 30 APRIL 2025 The directors consider 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 directors acknowledge their 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 profit and loss account 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 23 September 2025.
................................................ R W Branford
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
DOVETAIL CARPETS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Dovetail Carpets Limited is a private company, limited by shares, domiciled in England and Wales, registration number 03174306. The registered office is 226-236 Sprowston Road, Norwich, Norfolk NR3 4HT. 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. These financial statements are presented in sterling and rounded to the nearest pound. The following principal accounting policies have been applied:
| 2.2 | Going concern
The directors have, at the time of approving the financial statements, a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they adopt a going concern basis of accounting in preparing the financial statements. The directors have considered a period of 12 months from the balance sheet date.
| 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.
| 2.4 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan 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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds. Page 3
DOVETAIL CARPETS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.5 | 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 balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | 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.
| 2.7 | 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
DOVETAIL CARPETS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.7 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 15% straight line
|  |  |  | Motor vehicles | - | 25% reducing balance
|  |  |  | Fixtures & fittings | - | 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.
| 2.8 | 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.
| 2.9 | 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 | 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.
| 2.11 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
| 2.12 | 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. Page 5
DOVETAIL CARPETS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 12 (2024 - 13).
4. | Intangible assets
|  | Patents | Goodwill | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 May 2024 | 1 | 91,000 | 91,001
| At 30 April 2025 | 1 | 91,000 | 91,001
| Amortisation |  |  |
| At 1 May 2024 | - | 91,000 | 91,000
| At 30 April 2025 | - | 91,000 | 91,000
| Net book value |  |  |
| At 30 April 2025 | 1 | - | 1
| At 30 April 2024 | 1 | - | 1
Page 6
DOVETAIL CARPETS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. | Tangible fixed assets
|  | Land and buildings | Other fixed assets | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 May 2024 | 45,884 | 133,911 | 179,795
| Additions | - | 1,963 | 1,963
| At 30 April 2025 | 45,884 | 135,874 | 181,758
| Depreciation |  |  |
| At 1 May 2024 | 45,884 | 118,990 | 164,874
| Charge for the year on owned assets | - | 6,058 | 6,058
| At 30 April 2025 | 45,884 | 125,048 | 170,932
| Net book value |  |  |
| At 30 April 2025 | - | 10,826 | 10,826
| At 30 April 2024 | - | 14,921 | 14,921
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 105,455 | 124,294
| Other debtors | 11,436 | 16,395
| Prepayments and accrued income | 27,492 | 38,187
| Deferred taxation | 8,986 | 8,744
|  | 153,369 | 187,620
Page 7
DOVETAIL CARPETS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Payments received on account | 54,086 | 74,739
| Trade creditors | 74,802 | 89,353
| Corporation tax | 44,205 | 56,090
| Other taxation and social security | 30,062 | 28,447
| Other creditors | 1,098 | 14,094
| Accruals and deferred income | 32,614 | 4,669
|  | 236,867 | 267,392
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 8,744
| Charged to profit or loss | 242
| At end of year | 8,986
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Asset arising due to timing differences | 8,711 | 8,417
| Pension liabilty at year end | 275 | 327
|  | 8,986 | 8,744
Page 8
DOVETAIL CARPETS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
9. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 426 (2024 - 426) Ordinary A shares of £1.00 each | 426 | 426
|  | 426 (2024 - 426) Ordinary B shares of £1.00 each | 426 | 426
|  | 148 (2024 - 148) Ordinary C shares of £1.00 each | 148 | 148
|  | 43 (2024 - 43) Ordinary D shares of £1.00 each | 43 | 43
|  | 43 (2024 - 43) Ordinary E shares of £1.00 each | 43 | 43
|  | 15 (2024 - 15) Ordinary F shares of £1.00 each | 15 | 15
|  |  | 1,101 | 1,101
10. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £6,833 (2024 - £7,273). Contributions totalling £1,098 (2024 - £1,308) were payable to the fund at the balance sheet date.
11. | Commitments under operating leases
| At 30 April 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | - | 13,193
12. | Related party transactions
| Included within other debtors is a loan to a partnership in which the 3 directors have common control. At 1 May 2024 the partnership owed monies to the Company totalling £2,859. During the year costs were paid on behalf of the partnership totalling £8,900 and funds were introduced totalling £2,063. No interest was charged leaving a balance of £9,696 owing to the Company.
Page 9