Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-28 2025-02-28 2024-03-01 false Rental of holiday let.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.false 11809629 2024-03-01 2025-02-28 11809629 2023-03-01 2024-02-29 11809629 2025-02-28 11809629 2024-02-29 11809629 2023-03-01 11809629 c:Director1 2024-03-01 2025-02-28 11809629 d:PlantMachinery 2024-03-01 2025-02-28 11809629 d:PlantMachinery 2025-02-28 11809629 d:PlantMachinery 2024-02-29 11809629 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 11809629 d:LeaseholdInvestmentProperty 2025-02-28 11809629 d:LeaseholdInvestmentProperty 2024-02-29 11809629 d:CurrentFinancialInstruments 2025-02-28 11809629 d:CurrentFinancialInstruments 2024-02-29 11809629 d:Non-currentFinancialInstruments 2025-02-28 11809629 d:Non-currentFinancialInstruments 2024-02-29 11809629 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 11809629 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 11809629 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 11809629 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 11809629 d:ShareCapital 2025-02-28 11809629 d:ShareCapital 2024-02-29 11809629 d:RetainedEarningsAccumulatedLosses 2025-02-28 11809629 d:RetainedEarningsAccumulatedLosses 2024-02-29 11809629 d:AcceleratedTaxDepreciationDeferredTax 2025-02-28 11809629 d:AcceleratedTaxDepreciationDeferredTax 2024-02-29 11809629 d:TaxLossesCarry-forwardsDeferredTax 2025-02-28 11809629 d:TaxLossesCarry-forwardsDeferredTax 2024-02-29 11809629 c:FRS102 2024-03-01 2025-02-28 11809629 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 11809629 c:FullAccounts 2024-03-01 2025-02-28 11809629 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 11809629 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Registered number: 11809629 WB 2019 LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
WB 2019 LIMITED REGISTERED NUMBER: 11809629 BALANCE SHEET AS AT 28 FEBRUARY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 445 |  | 856
Investment property | 6 |  | 241,305 |  | 241,305
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 665 |  | 1,004 |
Cash at bank and in hand |  | 5,873 |  | 2,775 |
|  | 6,538 |  | 3,779 |
Creditors: amounts falling due within one year | 8 | (148,992) |  | (155,094) |
Net current liabilities |  |  | (142,454) |  | (151,315)
Total assets less current liabilities |  |  | 99,296 |  | 90,846
Creditors: amounts falling due after more than one year | 9 |  | (1,950) |  | (4,550)
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 |  | (5,256) |  | (3,151)
Net assets |  |  | 92,090 |  | 83,145
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 91,990 |  | 83,045
|  |  | 92,090 |  | 83,145
Page 1
WB 2019 LIMITED REGISTERED NUMBER: 11809629 BALANCE SHEET (CONTINUED) AS AT 28 FEBRUARY 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 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 11 November 2025.
W Ballance
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
WB 2019 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
1. | General information
WB 2019 Limited is a private company limited by shares, incorporated in England and Wales (registered number: 11809629). Its registered office is Unit 3 Acres Hill Business Park, Acres Hill Lane, Sheffield, South Yorkshire, S9 4LR. The principal activity of the Company throughout the year was that of the rental of property. 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 Company's functional and presentation currency is pounds 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 | 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 3
WB 2019 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.3 | 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:
|  |  |  | Plant and machinery | - | 20% | 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.
| 2.4 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.5 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, 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, 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. 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. Page 4
WB 2019 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.6 | Current and deferred taxation
Tax is recognised in the Statement of Income and Retained Earnings. 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. 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.
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
Preparation of the financial statements requires management to make significant judgments and estimates. The items in the financial statements where those judgments and estimates have been made include: Valuation of investment property In assessing the fair value of investment property, the director has used his judgment. The fair value of the investment property has been calculated on the basis that it reasonably reflects how the market could be expected to price the investment property and the inputs to the valuation technique reasonably represent market expectations.
4. | Employees
| The average monthly number of employees, including directors, during the year was 1 (2024 - 1).
Page 5
WB 2019 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
5. | Tangible fixed assets
|  | Plant and machinery
|  | £
| Cost or valuation |
| At 1 March 2024 | 2,054
| At 28 February 2025 | 2,054
| Depreciation |
| At 1 March 2024 | 1,198
| Charge for the year on owned assets | 411
| At 28 February 2025 | 1,609
| Net book value |
| At 28 February 2025 | 445
| At 29 February 2024 | 856
Page 6
WB 2019 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
6. | Investment property
|  | Long term leasehold investment property
|  | £
| Valuation |
| At 1 March 2024 | 241,305
| At 28 February 2025 | 241,305
The 2025 valuations were made by the director, on an open market value for existing use basis.
| If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Historic cost | 241,305 | 241,305
Page 7
WB 2019 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | - | 200
| Prepayments and accrued income | 665 | 804
|  | 665 | 1,004
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 2,600 | 2,600
| Trade creditors | 59 | -
| Corporation tax | - | 5,780
| Other taxation and social security | - | 520
| Other creditors | 143,435 | 143,120
| Accruals and deferred income | 2,898 | 3,074
|  | 148,992 | 155,094
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 1,950 | 4,550
Page 8
WB 2019 LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
10. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | 3,151 | 1,433
| Charged to profit or loss | 2,105 | 1,718
| At end of year | 5,256 | 3,151
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 16,493 | 16,571
| Tax losses carried forward | (11,237) | (13,420)
|  | 5,256 | 3,151
Page 9