Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-30 2025-04-30 2024-05-01 false No description of principal activity 4 3 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08563741 2024-05-01 2025-04-30 08563741 2023-05-01 2024-04-30 08563741 2025-04-30 08563741 2024-04-30 08563741 c:Director1 2024-05-01 2025-04-30 08563741 d:OfficeEquipment 2024-05-01 2025-04-30 08563741 d:OfficeEquipment 2025-04-30 08563741 d:OfficeEquipment 2024-04-30 08563741 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 08563741 d:Goodwill 2024-05-01 2025-04-30 08563741 d:Goodwill 2025-04-30 08563741 d:Goodwill 2024-04-30 08563741 d:CurrentFinancialInstruments 2025-04-30 08563741 d:CurrentFinancialInstruments 2024-04-30 08563741 d:Non-currentFinancialInstruments 2025-04-30 08563741 d:Non-currentFinancialInstruments 2024-04-30 08563741 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 08563741 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 08563741 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 08563741 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 08563741 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-04-30 08563741 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 08563741 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-04-30 08563741 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 08563741 d:ShareCapital 2025-04-30 08563741 d:ShareCapital 2024-04-30 08563741 d:CapitalRedemptionReserve 2025-04-30 08563741 d:CapitalRedemptionReserve 2024-04-30 08563741 d:RetainedEarningsAccumulatedLosses 2025-04-30 08563741 d:RetainedEarningsAccumulatedLosses 2024-04-30 08563741 c:FRS102 2024-05-01 2025-04-30 08563741 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 08563741 c:FullAccounts 2024-05-01 2025-04-30 08563741 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08563741 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2024-05-01 2025-04-30 08563741 2 2024-05-01 2025-04-30 08563741 6 2024-05-01 2025-04-30 08563741 d:Goodwill d:OwnedIntangibleAssets 2024-05-01 2025-04-30 08563741 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 08563741 WB WEALTH LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
WB WEALTH LIMITED REGISTERED NUMBER: 08563741 BALANCE SHEET AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 4,719,486 |  | 4,998,313
Tangible assets | 5 |  | 15,072 |  | 15,414
Investments | 6 |  | 449,182 |  | 411,332
|  |  | 5,183,740 |  | 5,425,059
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 1,256,653 |  | 1,049,839 |
Current asset investments | 8 | 300,000 |  | 300,000 |
Cash at bank and in hand | 9 | 45,702 |  | 72,591 |
|  | 1,602,355 |  | 1,422,430 |
Creditors: amounts falling due within one year | 10 | (2,312,869) |  | (2,443,297) |
Net current liabilities |  |  | (710,514) |  | (1,020,867)
Total assets less current liabilities |  |  | 4,473,226 |  | 4,404,192
Creditors: amounts falling due after more than one year | 11 |  | (3,293,078) |  | (3,317,211)
Net assets |  |  | 1,180,148 |  | 1,086,981
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Capital redemption reserve |  |  | 4 |  | 4
Profit and loss account |  |  | 1,180,044 |  | 1,086,877
|  |  | 1,180,148 |  | 1,086,981
Page 1
WB WEALTH LIMITED REGISTERED NUMBER: 08563741 BALANCE SHEET (CONTINUED) AS AT 30 APRIL 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 by:
................................................ G J Winchester
Director
Date: 2 December 2025
The notes on pages 3 to 9 form part of these financial statements. Page 2
WB WEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
WB Wealth Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is First Floor, Radius House, 51 Clarendon Road, Watford, WD17 1HP. The company's principal activity is the provision of wealth management services. The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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
The director considers that the company has sufficent funding for the foreseeable future in the form of support from directors. The financial statements have therefore been prepared as a going concern on the basis that the company is expected to continue in operational existence for the foreseeable future.
| 2.3 | Revenue
Revenue represents net invoiced wealth management services excluding VAT. Revenue is recognised when the right to that income is earned.
| 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
WB WEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.6 | 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.
| 2.7 | 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.
| 2.8 | 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 statement of income and retained earnings over its useful economic life. Other 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 | 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
WB WEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.9 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis:
|  |  |  | Office equipment | - | 25% | 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.
| 2.10 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.11 | 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.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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
WB WEALTH 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 4 (2024 - 3).
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 May 2024 | 6,276,419
| Additions | 5,000
| At 30 April 2025 | 6,281,419
| Amortisation |
| At 1 May 2024 | 1,278,106
| Charge for the year on owned assets | 283,827
| At 30 April 2025 | 1,561,933
| Net book value |
| At 30 April 2025 | 4,719,486
| At 30 April 2024 | 4,998,313
Page 6
WB WEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. | Tangible fixed assets
|  | Office equipment
|  | £
| Cost or valuation |
| At 1 May 2024 | 42,111
| Additions | 3,838
| At 30 April 2025 | 45,949
| Depreciation |
| At 1 May 2024 | 26,697
| Charge for the year on owned assets | 4,180
| At 30 April 2025 | 30,877
| Net book value |
| At 30 April 2025 | 15,072
| At 30 April 2024 | 15,414
6. | Fixed asset investments
|  | Listed investments
|  | £
| Cost or valuation |
| At 1 May 2024 | 411,332
| Additions | 500,000
| Disposals | (411,332)
| Revaluations | (50,818)
| At 30 April 2025 | 449,182
Page 7
WB WEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 101,859 | 92,975
| Other debtors | 1,154,759 | 954,845
| Prepayments and accrued income | 35 | 2,019
|  | 1,256,653 | 1,049,839
8. | Current asset investments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Listed investments | 300,000 | 300,000
|  | 300,000 | 300,000
9. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 45,702 | 72,591
|  | 45,702 | 72,591
10. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 570,891 | 563,132
| Trade creditors | - | 3,000
| Corporation tax | 219,948 | 376,731
| Other taxation and social security | 8,506 | 1,702
| Other creditors | 22,437 | 7,240
| Accruals and deferred income | 1,491,087 | 1,491,492
|  | 2,312,869 | 2,443,297
Page 8
WB WEALTH LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
11. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 3,293,078 | 3,317,211
|  | 3,293,078 | 3,317,211
12. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 570,891 | 563,132
|  | 570,891 | 563,132
| Amounts falling due 1-2 years |  |
| Bank loans | 1,667 | 11,667
|  | 1,667 | 11,667
| Amounts falling due 2-5 years |  |
| Bank loans | 3,291,411 | 3,305,544
|  | 3,291,411 | 3,305,544
|  | 3,863,969 | 3,880,343
13. | 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 £71,135 (2024 - £66,204). Contributions totalling £1,280 (2024 - £545) were payable to the fund at the balance sheet date.
14. | Related party transactions
| At the year end, £1,032,870 (2024: £764,370) was due from the directors to the company.
Page 9