Caseware UK (AP4) 2024.0.164 2024.0.164 2025-07-31 2025-07-31 Production of meat and poultry products 2024-08-01 false 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 04916299 2024-08-01 2025-07-31 04916299 2023-08-01 2024-07-31 04916299 2025-07-31 04916299 2024-07-31 04916299 c:Director1 2024-08-01 2025-07-31 04916299 d:MotorVehicles 2024-08-01 2025-07-31 04916299 d:MotorVehicles 2025-07-31 04916299 d:MotorVehicles 2024-07-31 04916299 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 04916299 d:OfficeEquipment 2024-08-01 2025-07-31 04916299 d:OfficeEquipment 2025-07-31 04916299 d:OfficeEquipment 2024-07-31 04916299 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 04916299 d:OwnedOrFreeholdAssets 2024-08-01 2025-07-31 04916299 d:CurrentFinancialInstruments 2025-07-31 04916299 d:CurrentFinancialInstruments 2024-07-31 04916299 d:CurrentFinancialInstruments d:WithinOneYear 2025-07-31 04916299 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 04916299 d:ShareCapital 2025-07-31 04916299 d:ShareCapital 2024-07-31 04916299 d:RetainedEarningsAccumulatedLosses 2025-07-31 04916299 d:RetainedEarningsAccumulatedLosses 2024-07-31 04916299 c:OrdinaryShareClass1 2024-08-01 2025-07-31 04916299 c:OrdinaryShareClass1 2025-07-31 04916299 c:OrdinaryShareClass1 2024-07-31 04916299 c:FRS102 2024-08-01 2025-07-31 04916299 c:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 04916299 c:FullAccounts 2024-08-01 2025-07-31 04916299 c:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04916299 d:AcceleratedTaxDepreciationDeferredTax 2025-07-31 04916299 d:AcceleratedTaxDepreciationDeferredTax 2024-07-31 04916299 4 2024-08-01 2025-07-31 04916299 6 2024-08-01 2025-07-31 04916299 e:PoundSterling 2024-08-01 2025-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04916299 MID WALES FAYRES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 JULY 2025
MID WALES FAYRES LIMITED REGISTERED NUMBER:04916299
BALANCE SHEET AS AT 31 JULY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 18,494 |  | 21,758
|  |  | 18,494 |  | 21,758
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 7 | 50,075 |  | 10,431 |
Cash at bank and in hand | 8 | 44,789 |  | 9,600 |
|  | 94,864 |  | 20,031 |
Creditors: amounts falling due within one year | 9 | (122,432) |  | (1,029) |
Net current (liabilities)/assets |  |  | (27,568) |  | 19,002
Total assets less current liabilities |  |  | (9,074) |  | 40,760
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 | (4,623) |  | (5,440) |
|  |  | (4,623) |  | (5,440)
Net (liabilities)/assets |  |  | (13,697) |  | 35,320
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 1,000 |  | 1,000
Profit and loss account |  |  | (14,697) |  | 34,320
|  |  | (13,697) |  | 35,320
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MID WALES FAYRES LIMITED REGISTERED NUMBER:04916299
BALANCE SHEET (CONTINUED) AS AT 31 JULY 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 on 4 December 2025.
D A Watkins OBE
Director
Page 2
MID WALES FAYRES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
1. | General information
The Company is a private company limited by shares and is incorporated and domiciled in the UK. The address of its registered office is Ty Cambrian, Unit 10, Offas Dyke Business Park, Welshpool, Powys, SY21 8JF. The company's principal activity is that of events. 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 | Exemption from preparing consolidated financial statements
The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
| 2.3 | Going concern
The Director confirms that the Company is expected to be able to meet its liabilities as they fall due for the foreseeable future. The accounts have therefore been prepared on a going concern basis. It is recognised that the Company is reliant upon debt finance from its parent company to continue operating.
| 2.4 | 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. Page 3
MID WALES FAYRES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 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 | Exceptional items
Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.
| 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
MID WALES FAYRES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 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, using the straight-line or reducing balance method. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 25% | straight line
|  |  |  | Plant & machinery | - | 15% | 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 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 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 | 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.
| 2.11 | 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.
| 2.12 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss. Page 5
MID WALES FAYRES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
4. | Employees
| The average monthly number of employees, including the Director, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Employees | 1 | 1
5. | Tangible fixed assets
|  | Motor vehicles | Equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 August 2024 | 15,451 | 58,836 | 74,287
| At 31 July 2025 | 15,451 | 58,836 | 74,287
| Depreciation |  |  |
| At 1 August 2024 | 15,451 | 37,078 | 52,529
| Charge for the year on owned assets | - | 3,264 | 3,264
| At 31 July 2025 | 15,451 | 40,342 | 55,793
| Net book value |  |  |
| At 31 July 2025 | - | 18,494 | 18,494
| At 31 July 2024 | - | 21,758 | 21,758
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MID WALES FAYRES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 August 2024 | 40,000
| At 31 July 2025 | 40,000
| Impairment |
| At 1 August 2024 | 40,000
| At 31 July 2025 | 40,000
| Net book value |
| At 31 July 2025 | -
| At 31 July 2024 | -
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 10,075 | 343
| Other debtors | 40,000 | 10,088
|  | 50,075 | 10,431
Page 7
MID WALES FAYRES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 44,789 | 9,600
|  | 44,789 | 9,600
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | - | 129
| Other taxation and social security | 1,234 | -
| Other creditors | 59,926 | -
| Accruals and deferred income | 61,272 | 900
|  | 122,432 | 1,029
10. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (5,440)
| Charged to profit or loss | 816
| At end of year | (4,624)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 4,624 | 5,440
|  | (4,624) | (5,440)
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MID WALES FAYRES LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
11. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 1,000 (2024 - 1,000) Ordinary shares of £1.00 each | 1,000 | 1,000
12. | Related party transactions
| Amount due from companies under common control at the balance sheet date are £40,000 (2024: £10,000) and are included in debtors due within one year. A loan totalling £59,926 due to a company under common control is included in creditors due within one year. These amounts are considered repayable on demand. No interest is charged on these balances.
13. | Controlling party
The ultimate holding company is Cambrian Training (Trustee) Limited, which owns 100% of the issued share capital, and is a UK registered company. The registered office address is the same as this Company.
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