Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 2025-01-01 42 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true false No description of principal activity 46 true true false 06359106 2025-01-01 2025-12-31 06359106 2024-01-01 2024-12-31 06359106 2025-12-31 06359106 2024-12-31 06359106 2024-01-01 06359106 c:Director6 2025-01-01 2025-12-31 06359106 d:Buildings d:ShortLeaseholdAssets 2025-01-01 2025-12-31 06359106 d:Buildings d:ShortLeaseholdAssets 2025-12-31 06359106 d:Buildings d:ShortLeaseholdAssets 2024-12-31 06359106 d:PlantMachinery 2025-01-01 2025-12-31 06359106 d:PlantMachinery 2025-12-31 06359106 d:PlantMachinery 2024-12-31 06359106 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06359106 d:MotorVehicles 2025-01-01 2025-12-31 06359106 d:MotorVehicles 2025-12-31 06359106 d:MotorVehicles 2024-12-31 06359106 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06359106 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 06359106 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-01-01 2025-12-31 06359106 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-12-31 06359106 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 06359106 d:Goodwill 2025-01-01 2025-12-31 06359106 d:ComputerSoftware 2025-12-31 06359106 d:ComputerSoftware 2024-12-31 06359106 d:CurrentFinancialInstruments 2025-12-31 06359106 d:CurrentFinancialInstruments 2024-12-31 06359106 d:Non-currentFinancialInstruments 2025-12-31 06359106 d:Non-currentFinancialInstruments 2024-12-31 06359106 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 06359106 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 06359106 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 06359106 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 06359106 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-12-31 06359106 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-12-31 06359106 d:ShareCapital 2025-12-31 06359106 d:ShareCapital 2024-12-31 06359106 d:RetainedEarningsAccumulatedLosses 2025-12-31 06359106 d:RetainedEarningsAccumulatedLosses 2024-12-31 06359106 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 06359106 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 06359106 d:TaxLossesCarry-forwardsDeferredTax 2025-12-31 06359106 d:TaxLossesCarry-forwardsDeferredTax 2024-12-31 06359106 c:FRS102 2025-01-01 2025-12-31 06359106 c:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 06359106 c:FullAccounts 2025-01-01 2025-12-31 06359106 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 06359106 d:HirePurchaseContracts d:WithinOneYear 2025-12-31 06359106 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 06359106 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-12-31 06359106 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 06359106 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2025-01-01 2025-12-31 06359106 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2025-01-01 2025-12-31 06359106 d:ExternallyAcquiredIntangibleAssets 2025-01-01 2025-12-31 06359106 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2025-01-01 2025-12-31 06359106 d:ComputerSoftware d:OwnedIntangibleAssets 2025-01-01 2025-12-31 06359106 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Company Registration Number: 06359106 W J COMPONENTS LIMITED UNAUDITED FINANCIAL STATEMENTS 31 DECEMBER 2025
W J COMPONENTS LIMITED REGISTERED NUMBER: 06359106 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  |  |  | As restated
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 144,841 |  | 197,881
Tangible assets | 5 |  | 889,910 |  | 1,034,067
|  |  | 1,034,751 |  | 1,231,948
Current assets |  |  |  |  |
Stocks | 6 | 239,114 |  | 285,060 |
Debtors | 7 | 972,964 |  | 723,624 |
Cash at bank and in hand | 8 | 111,046 |  | 438,971 |
|  | 1,323,124 |  | 1,447,655 |
Creditors: amounts falling due within one year | 9 | (972,992) |  | (1,182,969) |
Net current assets |  |  | 350,132 |  | 264,686
Total assets less current liabilities |  |  | 1,384,883 |  | 1,496,634
Creditors: amounts falling due after more than one year | 10 |  | (156,417) |  | (140,967)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (153,839) |  | (181,970) |
|  |  | (153,839) |  | (181,970)
Net assets |  |  | 1,074,627 |  | 1,173,697
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 1,074,527 |  | 1,173,597
|  |  | 1,074,627 |  | 1,173,697
Page 1
W J COMPONENTS LIMITED REGISTERED NUMBER: 06359106 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 DECEMBER 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 on 3 July 2026.
D Bullement
Director
The notes on pages 3 to 13 form part of these financial statements. Page 2
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
The Company is a private company limited by shares and registered in England and Wales. Its registered address is 3 Burma Drive, Marfleet Industrial Estate, Hull, East Yorkshire, England, HU9 5SD. These financial statements have been presented in Pound Sterling ('£') as this is the currency of the primary economic environment in which the Company operates and rounded to the nearest pound. 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 Directors prepare forecasts and budgets and conclude that the Company has sufficient resource to continue for at least 12 months from the signing of these financial statements. Therefore, the accounts have been prepared on a going concern basis.
| 2.3 | 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. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 3
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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.
| 2.5 | 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.
| 2.6 | 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 Comprehensive Income in the same period as the related expenditure.
| 2.7 | 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.
| 2.8 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 4
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.9 | 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.
| 2.10 | 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.
| 2.11 | 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. The estimated useful lives range as follows:
|  |  |  | Development expenditure | - | 5 | years
|  |  |  | Computer software | - | 5 | years
Page 5
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.12 | 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. Depreciation is provided on the following basis:
|  |  |  | Leasehold property improvements | - | 20 years straight line
|  |  |  | Plant and machinery | - | 5 years straight line
|  |  |  | Motor vehicles | - | 5 years 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.
| 2.13 | Impairment of fixed assets and goodwill
Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset (or cash-generating unit to which the asset has been allocated) is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's (or CGU's) fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (CGUs). Non-financial assets that have been previously impaired are reviewed at each reporting date to assess whether there is any indication that the impairment losses recognised in prior periods may no longer exist or may have decreased.
| 2.14 | 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 first in, first out 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.
| 2.15 | 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 6
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.16 | 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.
| 2.17 | 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.
| 2.18 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 42 (2024 - 46).
Page 7
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
4. | Intangible assets
|  | Development expenditure | Computer software | Total
|  | £ | £ | £
| Cost |  |  |
| At 1 January 2025 | 916,672 | 56,082 | 972,754
| Additions | - | 2,500 | 2,500
| At 31 December 2025 | 916,672 | 58,582 | 975,254
| Amortisation |  |  |
| At 1 January 2025 | 743,418 | 31,455 | 774,873
| Charge for the year on owned assets | 43,097 | 12,443 | 55,540
| At 31 December 2025 | 786,515 | 43,898 | 830,413
| Net book value |  |  |
| At 31 December 2025 | 130,157 | 14,684 | 144,841
| At 31 December 2024 | 173,254 | 24,627 | 197,881
Page 8
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Tangible fixed assets
|  | Leasehold property improvements | Plant and machinery | Motor vehicles | Total
|  | £ | £ | £ | £
| Cost |  |  |  |
| At 1 January 2025 | 549,154 | 1,057,673 | 296,051 | 1,902,878
| Additions | 28,642 | 38,247 | 44,868 | 111,757
| Disposals | - | (10,921) | - | (10,921)
| At 31 December 2025 | 577,796 | 1,084,999 | 340,919 | 2,003,714
| Depreciation |  |  |  |
| At 1 January 2025 | 183,681 | 609,655 | 75,475 | 868,811
| Charge for the year on owned assets | 71,592 | 118,593 | 60,255 | 250,440
| Disposals | - | (5,447) | - | (5,447)
| At 31 December 2025 | 255,273 | 722,801 | 135,730 | 1,113,804
| Net book value |  |  |  |
| At 31 December 2025 | 322,523 | 362,198 | 205,189 | 889,910
| At 31 December 2024 | 365,473 | 448,018 | 220,576 | 1,034,067
6. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Raw materials and consumables | 139,176 | 156,817
| Work in progress (goods to be sold) | 20,090 | 24,011
| Finished goods and goods for resale | 79,848 | 104,232
|  | 239,114 | 285,060
Page 9
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
7. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Due after more than one year |  |
| Amounts owed by group undertakings | 1,598 | -
|  | 1,598 | -
| Due within one year |  |
| Trade debtors | 481,279 | 519,863
| Amounts owed by group undertakings | 300,000 | -
| Other debtors | 30,492 | 59,636
| Prepayments and accrued income | 159,595 | 144,125
|  | 972,964 | 723,624
8. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 111,046 | 438,971
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 17,037 | 51,111
| Trade creditors | 263,123 | 405,958
| Amounts owed to group undertakings | - | 171,983
| Corporation tax | 3,908 | -
| Other taxation and social security | 93,846 | 57,324
| Obligations under finance lease and hire purchase contracts | 301,194 | 147,039
| Other creditors | 265,502 | 301,082
| Accruals and deferred income | 28,382 | 48,472
|  | 972,992 | 1,182,969
| Obligations under finance lease and hire purchase contracts are secured against the assets to which they relate.
Page 10
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | - | 17,037
| Net obligations under finance leases and hire purchase contracts | 156,417 | 123,930
|  | 156,417 | 140,967
| Obligations under finance lease and hire purchase contracts are secured against the assets to which they relate.
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 17,037 | 51,111
| Amounts falling due 1-2 years |  |
| Bank loans | - | 17,037
|  | 17,037 | 68,148
| Bank loans occur interest at a rate of 3.9% plus base rate per annum and is due for repayment in April 2026. Bank loans are secured by way of a debenture and an intercompany guarantee between companies under common control.
12. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Within one year | 301,194 | 147,039
| Between 1-5 years | 156,417 | 123,930
|  | 457,611 | 270,969
| Finance leases are secured against the asset to which they relate.
Page 11
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
13. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | 181,970 | -
| Charged to profit or loss | - | 181,970
| Utilised in year | (28,131) | -
| At end of year | 153,839 | 181,970
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 154,494 | 183,420
| Short term timing differences | (655) | (1,450)
|  | 153,839 | 181,970
14. | Prior year adjustment
During the year, the Company reviewed its assessment of deferred taxation in respect of prior period balances. As a result of this review, it was identified that deferred tax had not previously been recognised on certain timing differences in accordance with FRS 102. Accordingly, an adjustment has been made to recognise the deferred tax liability in the comparative period. This has been treated as a prior year adjustment, and comparative amounts have been restated in these financial statements accordingly. The effect of the prior year adjustment on the profit and loss account for the year ended 31 December 2024 is £181,970.
15. | Pension commitments
The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The charge to profit and loss in the amounted to £1,900 (2024 - £50,463). At the period end £7,111 (2024 - £5,801) was outstanding.
16. | Related party transactions
| The Company has taken advantage of the exemption contained in Section 33 of the FRS102 'Related Party Disclosures' from disclosing transactions with entities which are part of the group, since 100% of the voting rights in the Company are controlled within the group and the Company is included within the group accounts.
Page 12
W J COMPONENTS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
17. | Controlling party
The immediate parent undertaking continued to be WJC Holdings Ltd, a company registered in England and Wales. The ultimate parent company is WJTT Group Ltd, a company registered in England and Wales. The Directors do not consider there to be an ultimate controlling party.
Page 13