Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false 3 2024-04-01 false Holding company true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.3 true 12716792 2024-04-01 2025-03-31 12716792 2023-04-01 2024-03-31 12716792 2025-03-31 12716792 2024-03-31 12716792 c:Director2 2024-04-01 2025-03-31 12716792 d:CurrentFinancialInstruments 2025-03-31 12716792 d:CurrentFinancialInstruments 2024-03-31 12716792 d:Non-currentFinancialInstruments 2025-03-31 12716792 d:Non-currentFinancialInstruments 2024-03-31 12716792 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12716792 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12716792 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 12716792 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 12716792 d:ShareCapital 2025-03-31 12716792 d:ShareCapital 2024-03-31 12716792 d:SharePremium 2025-03-31 12716792 d:SharePremium 2024-03-31 12716792 d:CapitalRedemptionReserve 2025-03-31 12716792 d:CapitalRedemptionReserve 2024-03-31 12716792 d:RetainedEarningsAccumulatedLosses 2025-03-31 12716792 d:RetainedEarningsAccumulatedLosses 2024-03-31 12716792 c:FRS102 2024-04-01 2025-03-31 12716792 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12716792 c:FullAccounts 2024-04-01 2025-03-31 12716792 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12716792 6 2024-04-01 2025-03-31 12716792 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 12716792 KD WRIGHT FINANCIAL SERVICES HOLDINGS LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
KD WRIGHT FINANCIAL SERVICES HOLDINGS LTD REGISTERED NUMBER: 12716792 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 5 |  | 1,930,516 |  | 1,930,516
|  |  | 1,930,516 |  | 1,930,516
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | - |  | 2,369 |
|  | - |  | 2,369 |
Creditors: amounts falling due within one year | 7 | (1,930,516) |  | (1,753,877) |
Net current liabilities |  |  | (1,930,516) |  | (1,751,508)
Total assets less current liabilities |  |  | - |  | 179,008
Creditors: amounts falling due after more than one year | 8 |  | - |  | (95,972)
Net assets |  |  | - |  | 83,036
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 38,145 |  | 43,702
Share premium account |  |  | 50,250 |  | 50,250
Capital redemption reserve |  |  | 14 |  | 14
Profit and loss account |  |  | (88,409) |  | (10,930)
|  |  | - |  | 83,036
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KD WRIGHT FINANCIAL SERVICES HOLDINGS LTD REGISTERED NUMBER: 12716792 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 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 by:
G L Cretton
Director
Date: 19 November 2025
The notes on pages 3 to 6 form part of these financial statements. Page 2
KD WRIGHT FINANCIAL SERVICES HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
KD Wright Financial Services Holdings Ltd is a company limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report. 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 | 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.
| 2.3 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.4 | 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.
| 2.5 | 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.
| 2.6 | 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. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are Page 3
KD WRIGHT FINANCIAL SERVICES HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Financial instruments (continued)
initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and e xpenses during the year. The nature of estimation means the actual outcomes could differ from those estimates.
4. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
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KD WRIGHT FINANCIAL SERVICES HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 1,930,516
| At 31 March 2025 | 1,930,516
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KD WRIGHT FINANCIAL SERVICES HOLDINGS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | - | 1,771
| Tax recoverable | - | 598
|  | - | 2,369
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 1,930,410 | 1,516,563
| Corporation tax | 106 | -
| Other creditors | - | 237,314
|  | 1,930,516 | 1,753,877
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | - | 95,972
|  | - | 95,972
9. | Related party transactions
| At the year end the company owed £1,930,410 (2024: £1,516,563) to its subsdiary, KD Wright Financial Services Limited. This is due on demand and interest free.
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