Caseware UK (AP4) 2025.0.111 2025.0.111 2025-03-31 2025-03-31 true 2024-04-01 false 3 3 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00563260 2024-04-01 2025-03-31 00563260 2023-04-01 2024-03-31 00563260 2025-03-31 00563260 2024-03-31 00563260 c:Director2 2024-04-01 2025-03-31 00563260 d:MotorVehicles 2024-04-01 2025-03-31 00563260 d:MotorVehicles 2025-03-31 00563260 d:MotorVehicles 2024-03-31 00563260 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00563260 d:ComputerEquipment 2024-04-01 2025-03-31 00563260 d:ComputerEquipment 2025-03-31 00563260 d:ComputerEquipment 2024-03-31 00563260 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00563260 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 00563260 d:CurrentFinancialInstruments 2025-03-31 00563260 d:CurrentFinancialInstruments 2024-03-31 00563260 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 00563260 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00563260 d:ShareCapital 2025-03-31 00563260 d:ShareCapital 2024-03-31 00563260 d:RetainedEarningsAccumulatedLosses 2025-03-31 00563260 d:RetainedEarningsAccumulatedLosses 2024-03-31 00563260 c:OrdinaryShareClass1 2024-04-01 2025-03-31 00563260 c:OrdinaryShareClass1 2025-03-31 00563260 c:OrdinaryShareClass1 2024-03-31 00563260 c:FRS102 2024-04-01 2025-03-31 00563260 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 00563260 c:FullAccounts 2024-04-01 2025-03-31 00563260 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 00563260 2 2024-04-01 2025-03-31 00563260 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 00563260 WAGSTAFF FOUNDRIES LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
WAGSTAFF FOUNDRIES LIMITED REGISTERED NUMBER: 00563260 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 52 |  | 69
|  |  | 52 |  | 69
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 1,284,023 |  | 1,419,142 |
Cash at bank and in hand | 6 | 10,212 |  | 15,957 |
|  | 1,294,235 |  | 1,435,099 |
Creditors: amounts falling due within one year | 7 | (32,122) |  | (47,613) |
Net current assets |  |  | 1,262,113 |  | 1,387,486
Total assets less current liabilities |  |  | 1,262,165 |  | 1,387,555
Net assets |  |  | 1,262,165 |  | 1,387,555
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 14,404 |  | 14,404
Profit and loss account |  |  | 1,247,761 |  | 1,373,151
|  |  | 1,262,165 |  | 1,387,555
Page 1
WAGSTAFF FOUNDRIES LIMITED REGISTERED NUMBER: 00563260 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 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:
A J Wagstaff
Director
Date: 23 March 2026
The notes on pages 3 to 7 form part of these financial statements. Page 2
WAGSTAFF FOUNDRIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.Accounting policies
| 1.1 | 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 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. 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:
| 1.2 | Turnover
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.
| 1.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 1.4 | Pensions
Defined contribution pension plan The Company contributes to 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. Page 3
WAGSTAFF FOUNDRIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.Accounting policies (continued)
| 1.5 | 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. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following bases. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 25% | reducing balance
|  |  |  | Computer equipment | - | 33% | 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.
| 1.6 | 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.
| 1.7 | 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.
| 1.8 | 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. | General information
Wagstaff Foundries Limited is private company limited by shares incorporated in the United Kingdom whose registered office is 3rd Floor The Coade, 98 Vauxhall Walk, London, SE11 5EL.
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
Page 4
WAGSTAFF FOUNDRIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Tangible fixed assets
|  | Motor vehicles | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 April 2024 | 41,338 | 3,855 | 45,193
| At 31 March 2025 | 41,338 | 3,855 | 45,193
| Depreciation |  |  |
| At 1 April 2024 | 41,269 | 3,855 | 45,124
| Charge for the year on owned assets | 17 | - | 17
| At 31 March 2025 | 41,286 | 3,855 | 45,141
| Net book value |  |  |
| At 31 March 2025 | 52 | - | 52
| At 31 March 2024 | 69 | - | 69
Page 5
WAGSTAFF FOUNDRIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 36,690 | 10,601
| Amounts owed by group undertakings | 1,243,505 | 1,406,505
| Other debtors | 3,828 | 2,036
|  | 1,284,023 | 1,419,142
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 10,212 | 15,957
|  | 10,212 | 15,957
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 3,993 | 1,162
| Other taxation and social security | 13,534 | 29,207
| Other creditors | 9,445 | 9,094
| Accruals and deferred income | 5,150 | 8,150
|  | 32,122 | 47,613
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 14,404 (2024 - 14,404) Ordinary shares of £1.00 each | 14,404 | 14,404
Page 6
WAGSTAFF FOUNDRIES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Pension commitments
The company contributes to 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.
10. | Controlling party
Throughout the current and prior period the company was a 100% subsidiary of Wagstaff Foundries (Holdings) Limited (a company incorporated in England). Throughout the current and prior period ultimate control of the company was held by A J Wagstaff (a director of the company).
Page 7