Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false 2024-04-01 false Member of an LLP 1 1 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07095272 2024-04-01 2025-03-31 07095272 2023-04-01 2024-03-31 07095272 2025-03-31 07095272 2024-03-31 07095272 c:Director1 2024-04-01 2025-03-31 07095272 d:Goodwill 2025-03-31 07095272 d:Goodwill 2024-03-31 07095272 d:CurrentFinancialInstruments 2025-03-31 07095272 d:CurrentFinancialInstruments 2024-03-31 07095272 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 07095272 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07095272 d:ShareCapital 2025-03-31 07095272 d:ShareCapital 2024-03-31 07095272 d:RetainedEarningsAccumulatedLosses 2025-03-31 07095272 d:RetainedEarningsAccumulatedLosses 2024-03-31 07095272 c:FRS102 2024-04-01 2025-03-31 07095272 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07095272 c:FullAccounts 2024-04-01 2025-03-31 07095272 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07095272 2 2024-04-01 2025-03-31 07095272 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 07095272 GRAHAM WOLLOFF LIMITED UNAUDITED DIRECTOR'S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
GRAHAM WOLLOFF LIMITED
CONTENTS
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 7
GRAHAM WOLLOFF LIMITED REGISTERED NUMBER:07095272
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 1 |  | 1
|  |  | 1 |  | 1
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 94,185 |  | 192,590 |
Cash at bank and in hand |  | 81,424 |  | 13,239 |
|  | 175,609 |  | 205,829 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 6 | (74,739) |  | (104,451) |
Net current assets |  |  | 100,870 |  | 101,378
Total assets less current liabilities |  |  | 100,871 |  | 101,379
Net assets |  |  | 100,871 |  | 101,379
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 100,771 |  | 101,279
|  |  | 100,871 |  | 101,379
Page 1
GRAHAM WOLLOFF LIMITED REGISTERED NUMBER:07095272
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 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 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 by:
................................................ Mr G S Wolloff
Director
Date: 20 November 2025
The notes on pages 3 to 7 form part of these financial statements. Page 2
GRAHAM WOLLOFF LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Graham Wolloff Limited is a private company limited by shares, registered in England and Wales, registered number 07095272. The registered office is 11 Merus Court, Meridian Business Park, Leicester, LE19 1RJ. 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 LLP's functional and presentational currency is British Pound Sterling (£). 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 | Finance costs
Finance costs are charged to the Profit and Loss Account 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
GRAHAM WOLLOFF LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 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 the Profit and Loss Account 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.
| 2.5 | Taxation
Tax is recognised in the Profit and Loss Account 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 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.
| 2.6 | Intangible assets
Goodwill Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Profit and Loss Account over its useful economic life.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice. 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.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at transaction price, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 4
GRAHAM WOLLOFF LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.10 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at transaction price, net of transaction costs and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan. Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| 2.11 | 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.
| 2.12 | Interest income
Interest income is recognised in the Profit and Loss Account using the effective interest method.
3. | Employees
| The average monthly number of employees, including the director, during the year was 1 (2023: 1).
Page 5
GRAHAM WOLLOFF LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2024 | 883,350
| At 31 March 2025 | 883,350
| Amortisation |
| At 1 April 2024 | 883,349
| At 31 March 2025 | 883,349
| Net book value |
| At 31 March 2025 | 1
| At 31 March 2024 | 1
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 4,500
| Other debtors | 94,185 | 188,090
|  | 94,185 | 192,590
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 1,705
| Corporation tax | 21 | 236
| Other taxation and social security | 10,718 | 4,612
| Other creditors | 62,160 | 95,552
| Accruals and deferred income | 1,840 | 2,346
|  | 74,739 | 104,451
Page 6
GRAHAM WOLLOFF LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Transactions with directors
As at 1 April 2024 the Company owed the director a balance of £95,552. During the year total advances of £112,257 were made to the director and repayments of £78,820 were received from the director,leaving a total balance of £62,115 owed to the directors by the Company at the year end. The loans are interest-free and repayable on demand.
Page 7