Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 2026-05-01 5 2025-04-01 false true 5 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10018478 2025-04-01 2026-03-31 10018478 2024-04-01 2025-03-31 10018478 2026-03-31 10018478 2025-03-31 10018478 c:Director1 2025-04-01 2026-03-31 10018478 d:PlantMachinery 2025-04-01 2026-03-31 10018478 d:PlantMachinery 2026-03-31 10018478 d:PlantMachinery 2025-03-31 10018478 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 10018478 d:OfficeEquipment 2025-04-01 2026-03-31 10018478 d:OfficeEquipment 2026-03-31 10018478 d:OfficeEquipment 2025-03-31 10018478 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 10018478 d:ComputerEquipment 2025-04-01 2026-03-31 10018478 d:ComputerEquipment 2026-03-31 10018478 d:ComputerEquipment 2025-03-31 10018478 d:ComputerEquipment d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 10018478 d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 10018478 d:Goodwill 2025-04-01 2026-03-31 10018478 d:Goodwill 2026-03-31 10018478 d:Goodwill 2025-03-31 10018478 d:CurrentFinancialInstruments 2026-03-31 10018478 d:CurrentFinancialInstruments 2025-03-31 10018478 d:Non-currentFinancialInstruments 2026-03-31 10018478 d:Non-currentFinancialInstruments 2025-03-31 10018478 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 10018478 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 10018478 d:Non-currentFinancialInstruments d:AfterOneYear 2026-03-31 10018478 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 10018478 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2026-03-31 10018478 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 10018478 d:ShareCapital 2026-03-31 10018478 d:ShareCapital 2025-03-31 10018478 d:CapitalRedemptionReserve 2026-03-31 10018478 d:CapitalRedemptionReserve 2025-03-31 10018478 d:RetainedEarningsAccumulatedLosses 2026-03-31 10018478 d:RetainedEarningsAccumulatedLosses 2025-03-31 10018478 c:OrdinaryShareClass1 2025-04-01 2026-03-31 10018478 c:OrdinaryShareClass1 2026-03-31 10018478 c:OrdinaryShareClass1 2025-03-31 10018478 c:FRS102 2025-04-01 2026-03-31 10018478 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 10018478 c:FullAccounts 2025-04-01 2026-03-31 10018478 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 10018478 d:WithinOneYear 2026-03-31 10018478 d:BetweenOneFiveYears 2026-03-31 10018478 2 2025-04-01 2026-03-31 10018478 6 2025-04-01 2026-03-31 10018478 d:Goodwill d:OwnedIntangibleAssets 2025-04-01 2026-03-31 10018478 e:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10018478 THATCOPYSHOP LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2026
THATCOPYSHOP LIMITED REGISTERED NUMBER: 10018478 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible fixed assets |  |  | - |  | 3,400
Tangible fixed assets | 5 |  | 12,443 |  | 11,346
|  |  | 12,443 |  | 14,746
Current assets |  |  |  |  |
Stocks | 6 | 23,500 |  | 24,000 |
Debtors: amounts falling due after more than one year | 7 | 417 |  | 417 |
Debtors: amounts falling due within one year | 7 | 34,320 |  | 63,233 |
Bank and cash balances |  | 3,695 |  | 2,471 |
|  | 61,932 |  | 90,121 |
Creditors: amounts falling due within one year | 8 | (49,805) |  | (74,742) |
Net current assets |  |  | 12,127 |  | 15,379
Total assets less current liabilities |  |  | 24,570 |  | 30,125
Creditors: amounts falling due after more than one year | 9 |  | (22,523) |  | (27,687)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (1,947) |  | (2,155) |
|  |  | (1,947) |  | (2,155)
Net assets |  |  | 100 |  | 283
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 65 |  | 65
Capital redemption reserve |  |  | 35 |  | 35
Profit and loss account |  |  | - |  | 183
|  |  | 100 |  | 283
Page 1
THATCOPYSHOP LIMITED REGISTERED NUMBER: 10018478 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2026 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 on 1 May 2026.
Jeremy Byron Franklin
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | GENERAL INFORMATION
ThatCopyShop Limited is a UK company incorporated in England and Wales with a registered number of 10018478 and registered office of 14 Alexandra Road, Clevedon, BS21 7QE. 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 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:
| 2.2 | 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. 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.
| 2.3 | OPERATING LEASES: THE COMPANY AS LESSEE
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset. Page 3
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.ACCOUNTING POLICIES (CONTINUED)
| 2.4 | GOVERNMENT GRANTS
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.
| 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.
| 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 Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds. Page 4
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.ACCOUNTING POLICIES (CONTINUED)
| 2.9 | 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 reporting 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 reporting 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 reporting date.
| 2.10 | 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.
| 2.11 | 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 5
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.ACCOUNTING POLICIES (CONTINUED)
| 2.11 | 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:
|  |  |  | Plant and machinery | - | 25% | reducing balance
|  |  |  | Office equipment | - | 15% | reducing balance
|  |  |  | Computer equipment | - | 33% | straight line basis
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.
| 2.12 | 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 reporting 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 reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.13 | STOCKS
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.14 | 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.
| 2.15 | 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. Page 6
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.ACCOUNTING POLICIES (CONTINUED)
| 2.16 | 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.
| 2.17 | 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.
| 2.18 | 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 5 (2025 - 5).
4. | INTANGIBLE ASSETS
|  | Goodwill
|  | £
| COST |
| At 1 April 2025 | 34,000
| At 31 March 2026 | 34,000
| AMORTISATION |
| At 1 April 2025 | 30,600
| Charge for the year on owned assets | 3,400
| At 31 March 2026 | 34,000
| NET BOOK VALUE |
| At 31 March 2026 | -
Page 7
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
5. | TANGIBLE FIXED ASSETS
|  | Plant and machinery | Office equipment | Computer equipment | Total
|  | £ | £ | £ | £
| COST OR VALUATION |  |  |  |
| At 1 April 2025 | 6,200 | 23,866 | 9,228 | 39,294
| Additions | - | - | 3,622 | 3,622
| At 31 March 2026 | 6,200 | 23,866 | 12,850 | 42,916
| DEPRECIATION |  |  |  |
| At 1 April 2025 | 4,471 | 14,501 | 8,976 | 27,948
| Charge for the year on owned assets | 433 | 1,405 | 688 | 2,526
| At 31 March 2026 | 4,904 | 15,906 | 9,664 | 30,474
| NET BOOK VALUE |  |  |  |
| At 31 March 2026 | 1,296 | 7,960 | 3,186 | 12,442
6. | STOCKS
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Stock | 23,500 | 24,000
|  | 23,500 | 24,000
7. | DEBTORS
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| DUE AFTER MORE THAN ONE YEAR |  |
| Other debtors | 417 | 417
|  | 417 | 417
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| DUE WITHIN ONE YEAR |  |
| Trade debtors | 18,167 | 16,249
| Other debtors | 2,750 | 21,315
| Prepayments and accrued income | 6,166 | 7,343
Page 8
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 7.DEBTORS (CONTINUED)
| Tax recoverable | 7,237 | 18,326
|  | 34,320 | 63,233
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank overdrafts | 10,458 | 18,870
| Trade creditors | 14,506 | 19,768
| Corporation tax | 14,731 | 25,667
| Other taxation and social security | 7,604 | 9,201
| Accruals and deferred income | 2,506 | 1,236
|  | 49,805 | 74,742
9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 22,523 | 27,687
|  | 22,523 | 27,687
10. | LOANS
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| AMOUNTS FALLING DUE 2-5 YEARS |  |
| Bank loans | 22,523 | 27,687
|  | 22,523 | 27,687
|  | 22,523 | 27,687
Page 9
THATCOPYSHOP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
11. | SHARE CAPITAL
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |  |
|  | 65 (2025 - 65) Ordinary Class A shares of £1.00 each | 65 | 65
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 £1,136 (2025 - £677). Contributions totalling £0 (2025 - £0) were payable to the fund at the reporting date and are included in creditors.
13. | COMMITMENTS UNDER OPERATING LEASES
| At 31 March 2026 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2026
|  |  |  |  | £
| Not later than 1 year | 17,000
| Later than 1 year and not later than 5 years | 34,000
|  | 51,000
Page 10