Caseware UK (AP4) 2024.0.164 2024.0.164 2025-12-31 2025-12-31 2025-01-01 false No description of principal activity 6 5 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10261957 2025-01-01 2025-12-31 10261957 2024-01-01 2024-12-31 10261957 2025-12-31 10261957 2024-12-31 10261957 c:Director1 2025-01-01 2025-12-31 10261957 c:Director2 2025-01-01 2025-12-31 10261957 d:FurnitureFittings 2025-01-01 2025-12-31 10261957 d:FurnitureFittings 2025-12-31 10261957 d:FurnitureFittings 2024-12-31 10261957 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 10261957 d:ComputerEquipment 2025-01-01 2025-12-31 10261957 d:ComputerEquipment 2025-12-31 10261957 d:ComputerEquipment 2024-12-31 10261957 d:ComputerEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 10261957 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 10261957 d:CurrentFinancialInstruments 2025-12-31 10261957 d:CurrentFinancialInstruments 2024-12-31 10261957 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 10261957 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10261957 d:ShareCapital 2025-12-31 10261957 d:ShareCapital 2024-12-31 10261957 d:RetainedEarningsAccumulatedLosses 2025-12-31 10261957 d:RetainedEarningsAccumulatedLosses 2024-12-31 10261957 c:FRS102 2025-01-01 2025-12-31 10261957 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 10261957 c:FullAccounts 2025-01-01 2025-12-31 10261957 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10261957 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2025-12-31 10261957 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2024-12-31 10261957 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2025-12-31 10261957 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2024-12-31 10261957 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:BetweenOneFiveYears 2025-12-31 10261957 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:BetweenOneFiveYears 2024-12-31 10261957 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 10261957 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 10261957 2 2025-01-01 2025-12-31 10261957 7 2025-01-01 2025-12-31 10261957 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 10261957 CLORE WYNDHAM FINE ART LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
CLORE WYNDHAM FINE ART LIMITED REGISTERED NUMBER: 10261957 STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 10,094 |  | 14,323
|  |  | 10,094 |  | 14,323
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 173,275 |  | 169,906 |
Cash at bank and in hand |  | 1,429,872 |  | 958,269 |
|  | 1,603,147 |  | 1,128,175 |
Creditors: amounts falling due within one year | 7 | (316,705) |  | (308,884) |
Net current assets |  |  | 1,286,442 |  | 819,291
Total assets less current liabilities |  |  | 1,296,536 |  | 833,614
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (2,324) |  | (3,314) |
|  |  | (2,324) |  | (3,314)
Net assets |  |  | 1,294,212 |  | 830,300
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 50,000 |  | 50,000
Profit and loss account |  |  | 1,244,212 |  | 780,300
|  |  | 1,294,212 |  | 830,300
Page 1
CLORE WYNDHAM FINE ART LIMITED REGISTERED NUMBER: 10261957 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 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 2 July 2026.
M S J Clore | H M Wyndham
Director | Director
Page 2
CLORE WYNDHAM FINE ART LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Clore Wyndham Fine Art Limited is a private company limited by shares and registered in England and Wales. The address of its registered office and principal place of business is 31 Bruton Street, London, W1J 6QS. 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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.
| 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. Revenue relates to advisory fees and commission on the sale of fine artwork to global clients. Revenue is recognised on the completion of a sale as stipulated in the terms of the sale agreement.
| 2.3 | 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. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 25% reducing balance
|  |  |  | Computer equipment | - | 33% straight line
| 2.4 | 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. 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. Page 3
CLORE WYNDHAM FINE ART LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Financial instruments (continued)
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 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.
| 2.5 | 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.
| 2.6 | 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. Page 4
CLORE WYNDHAM FINE ART LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.7 | Holiday pay accrual
A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the reporting date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the reporting date.
| 2.8 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 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 | Dividends
Interim equity dividends are recognised when paid. Page 5
CLORE WYNDHAM FINE ART LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. | Judgments in applying accounting policies and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Accruals The company makes an estimate of accruals at the year end based on invoices received after the year end and work undertaken which has not been invoiced based on quotations or estimates of amounts that may be due for payment. Tangible assets Tangible assets are depreciated over their useful lives taking into account residual values where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending upon a number of factors. In re-assessing the assets' lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account.
4. | Employees
| The average monthly number of employees, including directors, during the year was 6 (2024 - 5).
5. | Tangible fixed assets
|  | Fixtures and fittings | Computer equipment | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2025 | 126,838 | 15,079 | 141,917
| At 31 December 2025 | 126,838 | 15,079 | 141,917
| Depreciation |  |  |
| At 1 January 2025 | 113,819 | 13,775 | 127,594
| Charge for the year on owned assets | 3,255 | 974 | 4,229
| At 31 December 2025 | 117,074 | 14,749 | 131,823
| Net book value |  |  |
| At 31 December 2025 | 9,764 | 330 | 10,094
| At 31 December 2024 | 13,019 | 1,304 | 14,323
Page 6
CLORE WYNDHAM FINE ART LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,550 | 1,200
| Other debtors | 123,346 | 128,586
| Prepayments and accrued income | 48,379 | 40,120
|  | 173,275 | 169,906
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 13,452 | 3,316
| Corporation tax | 166,783 | 247,531
| Other taxation and social security | 82,228 | 19,558
| Other creditors | 4,907 | 4,846
| Accruals and deferred income | 49,335 | 33,633
|  | 316,705 | 308,884
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 3,314
| Charged to profit or loss | (990)
| At end of year | 2,324
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 2,324 | 3,314
Page 7
CLORE WYNDHAM FINE ART LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
9. | Commitments under operating leases
| At 31 December 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 90,000 | 90,000
| Later than 1 year and not later than 5 years | 240,000 | 330,000
|  | 330,000 | 420,000
10. | Related party transactions
| At the reporting date H M Wyndham, a director owed the company amounts totalling £1,798 (2024: £4,243) which is included in other debtors. No interest was charged on the loan and the loan was repaid in full following the year end. At the reporting date M S J Clore, a director owed the company amounts totalling £500 (2024: £nil) which is included in other debtors. No interest was charged on the loan and the loan was repaid in full following the year end. The company has not entered into any other transactions with related parties that are material and have not been conducted under normal market conditions.
Page 8