Caseware UK (AP4) 2024.0.164 2024.0.164 2025-08-31 2025-08-31 6 false false 2024-09-01 No description of principal activity 6 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09164758 2024-09-01 2025-08-31 09164758 2023-09-01 2024-08-31 09164758 2025-08-31 09164758 2024-08-31 09164758 c:Director1 2024-09-01 2025-08-31 09164758 d:Buildings d:ShortLeaseholdAssets 2024-09-01 2025-08-31 09164758 d:Buildings d:ShortLeaseholdAssets 2025-08-31 09164758 d:Buildings d:ShortLeaseholdAssets 2024-08-31 09164758 d:FurnitureFittings 2024-09-01 2025-08-31 09164758 d:FurnitureFittings 2025-08-31 09164758 d:FurnitureFittings 2024-08-31 09164758 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 09164758 d:ComputerEquipment 2024-09-01 2025-08-31 09164758 d:ComputerEquipment 2025-08-31 09164758 d:ComputerEquipment 2024-08-31 09164758 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 09164758 d:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 09164758 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-08-31 09164758 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 09164758 d:CurrentFinancialInstruments 2025-08-31 09164758 d:CurrentFinancialInstruments 2024-08-31 09164758 d:Non-currentFinancialInstruments 2025-08-31 09164758 d:Non-currentFinancialInstruments 2024-08-31 09164758 d:CurrentFinancialInstruments d:WithinOneYear 2025-08-31 09164758 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09164758 d:Non-currentFinancialInstruments d:AfterOneYear 2025-08-31 09164758 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 09164758 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-08-31 09164758 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 09164758 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-08-31 09164758 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 09164758 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-08-31 09164758 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-08-31 09164758 d:ShareCapital 2025-08-31 09164758 d:ShareCapital 2024-08-31 09164758 d:RetainedEarningsAccumulatedLosses 2025-08-31 09164758 d:RetainedEarningsAccumulatedLosses 2024-08-31 09164758 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2025-08-31 09164758 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-08-31 09164758 c:FRS102 2024-09-01 2025-08-31 09164758 c:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 09164758 c:FullAccounts 2024-09-01 2025-08-31 09164758 c:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 09164758 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:InternallyGeneratedIntangibleAssets 2024-09-01 2025-08-31 09164758 2 2024-09-01 2025-08-31 09164758 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2024-09-01 2025-08-31 09164758 e:PoundSterling 2024-09-01 2025-08-31 iso4217:GBP xbrli:pure

Registered number: 09164758 WRANX LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
WRANX LIMITED REGISTERED NUMBER: 09164758 BALANCE SHEET AS AT 31 AUGUST 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 307,123 |  | 232,931
Tangible assets | 5 |  | 1,357 |  | 958
|  |  | 308,480 |  | 233,889
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 14,785 |  | 16,597 |
Cash at bank and in hand | 7 | 306,508 |  | 423,724 |
|  | 321,293 |  | 440,321 |
Creditors: amounts falling due within one year | 8 | (194,892) |  | (920,926) |
Net current assets/(liabilities) |  |  | 126,401 |  | (480,605)
Total assets less current liabilities |  |  | 434,881 |  | (246,716)
Creditors: amounts falling due after more than one year | 9 |  | (1,304,931) |  | (1,310,887)
Net liabilities |  |  | (870,050) |  | (1,557,603)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1,200,002 |  | 1,200,002
Profit and loss account |  |  | (2,070,052) |  | (2,757,605)
|  |  | (870,050) |  | (1,557,603)
Page 1
WRANX LIMITED REGISTERED NUMBER: 09164758 BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 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 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 31 March 2026.
W C Currie
Director
The notes on pages 3 to 11 form part of these financial statements. Page 2
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. | General information
The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (no.09164758). The address of the registered office is 3rd Floor, Castle Chambers, 43 Castle Street, Liverpool, L2 9SH. These financial statements present information about the company as an individual undertaking; it is a wholly owned subsidiary company with no subsidiary companies of its own. The principal activity of the company is the sale of digital applications. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is GBP. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Page 3
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 2.3 | 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.
| 2.4 | Research and development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years. If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
| 2.5 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.6 | 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.
| 2.7 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 4
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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 five years.
| 2.10 | 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, using the straight-line method. The estimated useful lives range as follows:
|  |  |  | Short-term leasehold property | - | 5 | years
|  |  |  | Fixtures and fittings | - | 5 | years
|  |  |  | Computer equipment | - | 3 | years
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.
| 2.11 | 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. Page 5
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 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 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. 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. Other financial assets Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment. 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 Page 6
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.Accounting policies (continued)
| 2.14 | Financial instruments (continued)
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 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 6 (2024 - 6).
Page 7
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
4. | Intangible assets
|  | Wages capitalised
|  | £
| Cost |
| At 1 September 2024 | 288,809
| Additions - internal | 149,080
| At 31 August 2025 | 437,889
| Amortisation |
| At 1 September 2024 | 55,877
| Charge for the year on owned assets | 74,889
| At 31 August 2025 | 130,766
| Net book value |
| At 31 August 2025 | 307,123
| At 31 August 2024 | 232,931
Page 8
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
5. | Tangible fixed assets
|  | Short-term leasehold property | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 September 2024 | 50,327 | 17,458 | 50,890 | 118,675
| Additions | - | - | 1,282 | 1,282
| At 31 August 2025 | 50,327 | 17,458 | 52,172 | 119,957
| Depreciation |  |  |  |
| At 1 September 2024 | 50,327 | 17,458 | 49,933 | 117,718
| Charge for the year on owned assets | - | - | 882 | 882
| At 31 August 2025 | 50,327 | 17,458 | 50,815 | 118,600
| Net book value |  |  |  |
| At 31 August 2025 | - | - | 1,357 | 1,357
| At 31 August 2024 | - | - | 958 | 958
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 10,545 | 10,560
| Other debtors | 247 | 940
| Prepayments and accrued income | 3,993 | 5,097
|  | 14,785 | 16,597
7. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 306,508 | 423,724
|  | 306,508 | 423,724
Page 9
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 5,956 | 5,956
| Trade creditors | 3,362 | 3,135
| Other taxation and social security | 11,010 | 8,774
| Other creditors | 2,434 | 2,821
| Accruals and deferred income | 172,130 | 900,240
|  | 194,892 | 920,926
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 24,815 | 30,771
| Amounts owed to group undertakings | 59,998 | 59,998
| Other creditors | 1,220,118 | 1,220,118
|  | 1,304,931 | 1,310,887
10. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 5,956 | 5,956
| Amounts falling due 1-2 years |  |
| Bank loans | 5,956 | 5,956
| Amounts falling due 2-5 years |  |
| Bank loans | 17,867 | 17,867
| Amounts falling due after more than 5 years |  |
| Bank loans | 992 | 6,948
|  | 30,771 | 36,727
Page 10
WRANX LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
11. | Financial instruments
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Financial assets |  |
| Financial assets measured at fair value through profit or loss | 306,508 | 423,724
| Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.
12. | 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 £10,241 (2024 £10,544). Contributions totalling £1,094 (2024 £2,611) were payable to the fund at the balance sheet date and are included in creditors.
13. | Controlling party
The company is a wholly owned subsidiary of Gate Acre Investments Limited, a company incorporated in England and Wales. Copies of the parent company financial statements may be obtained from Companies House, Cardiff CF14 3UZ. W C Currie is the ultimate controlling party.
Page 11