Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-29 2025-03-29 0 2024-03-30 false Holding company 0 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08412072 2024-03-30 2025-03-29 08412072 2023-03-30 2024-03-29 08412072 2025-03-29 08412072 2024-03-29 08412072 c:Director1 2024-03-30 2025-03-29 08412072 d:Buildings 2024-03-30 2025-03-29 08412072 d:PlantMachinery 2024-03-30 2025-03-29 08412072 d:PlantMachinery 2025-03-29 08412072 d:PlantMachinery 2024-03-29 08412072 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-30 2025-03-29 08412072 d:MotorVehicles 2024-03-30 2025-03-29 08412072 d:MotorVehicles 2025-03-29 08412072 d:MotorVehicles 2024-03-29 08412072 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-30 2025-03-29 08412072 d:FurnitureFittings 2024-03-30 2025-03-29 08412072 d:FurnitureFittings 2025-03-29 08412072 d:FurnitureFittings 2024-03-29 08412072 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-30 2025-03-29 08412072 d:OwnedOrFreeholdAssets 2024-03-30 2025-03-29 08412072 d:CurrentFinancialInstruments 2025-03-29 08412072 d:CurrentFinancialInstruments 2024-03-29 08412072 d:Non-currentFinancialInstruments 2025-03-29 08412072 d:Non-currentFinancialInstruments 2024-03-29 08412072 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-29 08412072 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-29 08412072 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-29 08412072 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-29 08412072 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-29 08412072 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-29 08412072 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-29 08412072 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-29 08412072 d:ShareCapital 2025-03-29 08412072 d:ShareCapital 2024-03-29 08412072 d:RetainedEarningsAccumulatedLosses 2025-03-29 08412072 d:RetainedEarningsAccumulatedLosses 2024-03-29 08412072 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-03-29 08412072 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-03-29 08412072 c:FRS102 2024-03-30 2025-03-29 08412072 c:AuditExempt-NoAccountantsReport 2024-03-30 2025-03-29 08412072 c:FullAccounts 2024-03-30 2025-03-29 08412072 c:PrivateLimitedCompanyLtd 2024-03-30 2025-03-29 08412072 d:HirePurchaseContracts d:WithinOneYear 2025-03-29 08412072 d:HirePurchaseContracts d:WithinOneYear 2024-03-29 08412072 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-29 08412072 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-03-29 08412072 4 2024-03-30 2025-03-29 08412072 e:PoundSterling 2024-03-30 2025-03-29 iso4217:GBP xbrli:pure

Registered number: 08412072 GAS 4 WALES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 29 MARCH 2025
GAS 4 WALES LIMITED REGISTERED NUMBER: 08412072 BALANCE SHEET AS AT 29 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 503,515 |  | 500,628
|  |  | 503,515 |  | 500,628
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 2,235 |  | 1,863 |
Cash at bank and in hand |  | 8,823 |  | 5,278 |
|  | 11,058 |  | 7,141 |
Creditors: amounts falling due within one year | 6 | (286,910) |  | (228,317) |
Net current liabilities |  |  | (275,852) |  | (221,176)
Total assets less current liabilities |  |  | 227,663 |  | 279,452
Creditors: amounts falling due after more than one year | 7 |  | (32,478) |  | (50,805)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (115,890) |  | (123,060) |
|  |  | (115,890) |  | (123,060)
Net assets |  |  | 79,295 |  | 105,587
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 300 |  | 300
Profit and loss account |  |  | 78,995 |  | 105,287
|  |  | 79,295 |  | 105,587
Page 1
GAS 4 WALES LIMITED REGISTERED NUMBER: 08412072 BALANCE SHEET (CONTINUED) AS AT 29 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 statement of comprehensive income 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:
S L Herbert
Director
Date: 16 March 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025
1. | General information
Gas 4 Wales Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address is: Unit 5 Raven Industrial Estate Garnant Ammanford Carmarthenshire Wales SA18 1NS The principal activity of the company in the year under review was that of a holding company providing services to it's subsidiary company. 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 company is reliant on the continuing support of its bankers and directors. The directors are confident that this support will continue and despite the current uncertain economic climate, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors considers it appropriate to prepare the financial statements on a going concern basis. Page 3
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025 2.Accounting policies (continued)
| 2.3 | 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.
| 2.4 | 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.
| 2.5 | 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
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Freehold property | - | 2% |
|  |  |  | Plant and machinery | - |  | Straight line 4% & 6.7%
|  |  |  | Motor vehicles | - | 20% |
|  |  |  | Fixtures and fittings | - | 33% |
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.
| 2.6 | Financial instruments
Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors due with the operating cycle fall into this category of financial instruments. Basic financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially Page 5
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Financial instruments (continued)
recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
| 2.7 | Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors which are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only effects that period, or in the period of the revision and future periods if the revision affects both current and future periods. The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements. Impairment of assets Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the income statement. Provisions and contingencies Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable.
| 2.8 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 0 (2024 - 0).
Page 6
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025
4. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 30 March 2024 | 680,146 | 118,191 | 7,946 | 806,283
| Additions | 40,364 | - | - | 40,364
| Disposals | (3,200) | - | - | (3,200)
| At 29 March 2025 | 717,310 | 118,191 | 7,946 | 843,447
| Depreciation |  |  |  |
| At 30 March 2024 | 234,296 | 63,413 | 7,946 | 305,655
| Charge for the year on owned assets | 33,490 | 1,377 | - | 34,867
| Disposals | (590) | - | - | (590)
| At 29 March 2025 | 267,196 | 64,790 | 7,946 | 339,932
| Net book value |  |  |  |
| At 29 March 2025 | 450,114 | 53,401 | - | 503,515
| At 29 March 2024 | 445,850 | 54,778 | - | 500,628
| Motor vehicles include assets under hire purchase with a net book value of £39,936.
Page 7
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | - | 1,326
| Amounts owed by group undertakings | 500 | -
| Other debtors | 1,735 | 270
| Prepayments and accrued income | - | 267
|  | 2,235 | 1,863
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 10,375 | 10,119
| Trade creditors | 11,752 | 6,574
| Amounts owed to group undertakings | 253,826 | 201,629
| Hire purchase contracts | 7,955 | 6,994
| Accruals and deferred income | 3,002 | 3,001
|  | 286,910 | 228,317
| The following liabilities were secured:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 15,660 | 25,776
| Hire purchase | 35,148 | 42,142
|  | 50,808 | 67,918
| Details of security provided:
Hire purchase liabilities are secured by the underlying assets. Bank and other loans are secured by charges over the company's assets. Page 8
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 5,285 | 15,657
| Hire purchase contracts | 27,193 | 35,148
|  | 32,478 | 50,805
8. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 10,375 | 10,119
|  | 10,375 | 10,119
| Amounts falling due 1-2 years |  |
| Bank loans | 5,285 | 10,375
|  | 5,285 | 10,375
| Amounts falling due 2-5 years |  |
| Bank loans | - | 5,282
|  | - | 5,282
|  | 15,660 | 25,776
Page 9
GAS 4 WALES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025
9. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 7,955 | 6,994
| Between 1-5 years | 27,193 | 35,148
|  | 35,148 | 42,142
10. | Financial instruments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 8,823 | 5,278
| Financial assets measured at fair value through profit or loss comprise...
Page 10