Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 No description of principal activity 2025-04-01 false 22 25 false true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03089973 2025-04-01 2026-03-31 03089973 2026-03-31 03089973 2024-04-01 2025-03-31 03089973 2025-03-31 03089973 c:Director1 2025-04-01 2026-03-31 03089973 c:Director2 2025-04-01 2026-03-31 03089973 c:RegisteredOffice 2025-04-01 2026-03-31 03089973 d:Buildings d:LongLeaseholdAssets 2025-04-01 2026-03-31 03089973 d:Buildings d:LongLeaseholdAssets 2026-03-31 03089973 d:Buildings d:LongLeaseholdAssets 2025-03-31 03089973 d:PlantMachinery 2025-04-01 2026-03-31 03089973 d:PlantMachinery 2026-03-31 03089973 d:PlantMachinery 2025-03-31 03089973 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03089973 d:FurnitureFittings 2025-04-01 2026-03-31 03089973 d:FurnitureFittings 2026-03-31 03089973 d:FurnitureFittings 2025-03-31 03089973 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03089973 d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03089973 d:Goodwill 2025-04-01 2026-03-31 03089973 d:Goodwill 2026-03-31 03089973 d:Goodwill 2025-03-31 03089973 d:CurrentFinancialInstruments 2026-03-31 03089973 d:CurrentFinancialInstruments 2025-03-31 03089973 d:Non-currentFinancialInstruments 2026-03-31 03089973 d:Non-currentFinancialInstruments 2025-03-31 03089973 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 03089973 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 03089973 d:Non-currentFinancialInstruments d:AfterOneYear 2026-03-31 03089973 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 03089973 d:ShareCapital 2026-03-31 03089973 d:ShareCapital 2025-03-31 03089973 d:CapitalRedemptionReserve 2026-03-31 03089973 d:CapitalRedemptionReserve 2025-03-31 03089973 d:RetainedEarningsAccumulatedLosses 2026-03-31 03089973 d:RetainedEarningsAccumulatedLosses 2025-03-31 03089973 c:FRS102 2025-04-01 2026-03-31 03089973 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 03089973 c:FullAccounts 2025-04-01 2026-03-31 03089973 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03089973 d:WithinOneYear 2026-03-31 03089973 d:WithinOneYear 2025-03-31 03089973 d:BetweenOneFiveYears 2026-03-31 03089973 d:BetweenOneFiveYears 2025-03-31 03089973 2 2025-04-01 2026-03-31 03089973 d:Goodwill d:OwnedIntangibleAssets 2025-04-01 2026-03-31 03089973 e:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Company registration number: 03089973
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 31 MARCH 2026
| WATERFORDS (ESTATE AGENTS) LIMITED
WATERFORDS (ESTATE AGENTS) LIMITED |  |
COMPANY INFORMATION
Directors | D Hooper
| M S Hooper
Registered number | 03089973
Registered office | 35 Plough Road
| Yateley
| England
| GU46 7UW
Accountants | Menzies LLP
| Chartered Accountants
| 2nd Floor, Midas House
| 62 Goldsworth Road
| Woking
| Surrey
| GU21 6LQ
WATERFORDS (ESTATE AGENTS) LIMITED |  |
CONTENTS
| Page
Statement of financial position | 1 - 2
Notes to the financial statements | 3 - 8
WATERFORDS (ESTATE AGENTS) LIMITED REGISTERED NUMBER:03089973 |  |
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 46,170 |  | 56,870
Tangible assets | 5 |  | 42,931 |  | 35,558
|  |  | 89,101 |  | 92,428
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 6 | 92,364 |  | 93,533 |
Cash at bank and in hand |  | 52,873 |  | 109,619 |
|  | 145,237 |  | 203,152 |
Creditors: amounts falling due within one year | 7 | (158,944) |  | (226,883) |
Net current liabilities |  |  | (13,707) |  | (23,731)
Total assets less current liabilities |  |  | 75,394 |  | 68,697
Creditors: amounts falling due after more than one year | 8 |  | - |  | (3,667)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | - |  | (4,390) |
|  |  | - |  | (4,390)
Net assets |  |  | 75,394 |  | 60,640
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 42,144 |  | 42,144
Capital redemption reserve |  |  | 3,647 |  | 3,647
Profit and loss account |  |  | 29,603 |  | 14,849
|  |  | 75,394 |  | 60,640
Page 1
WATERFORDS (ESTATE AGENTS) LIMITED REGISTERED NUMBER:03089973 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 MARCH 2026 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 by:
................................................ D Hooper
Director
Date: 8 July 2026
The notes on pages 3 to 8 form part of these financial statements. Page 2
WATERFORDS (ESTATE AGENTS) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
Waterfords (Estate Agents) Limited is a private Company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is shown on the Company information page. 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | Going concern
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The directors have prepared projections for the next twelve months and have put in place plans to meet these budgets and drive the Company forward. The directors are therefore of the opinion that the Company remains a going concern.
| 2.3 | Revenue
Turnover represents amounts receivable for commission or residential sales and letting management, and other services.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | 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.
| 2.6 | 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 3
WATERFORDS (ESTATE AGENTS) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.7 | 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.
| 2.8 | 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. 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. Page 4
WATERFORDS (ESTATE AGENTS) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.9 | 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:
|  |  |  | Long-term leasehold property | - | Over the life of the lease
|  |  |  | Plant and machinery | - | 33%
|  |  |  | Fixtures and fittings | - | 20%
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.
| 2.10 | 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.
| 2.11 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
| 2.12 | 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.
| 2.13 | Client monies
At 31 March 2026 £nil (2025 - £nil) was held in trust on behalf of its clients and has therefore not been included in these accounts.
3. | Employees
| The average monthly number of employees, including directors, during the year was 22 (2025 - 25).
Page 5
WATERFORDS (ESTATE AGENTS) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
4. | Intangible assets
|  | Goodwill
|  | £
| Cost |
| At 1 April 2025 | 106,997
| At 31 March 2026 | 106,997
| Amortisation |
| At 1 April 2025 | 50,127
| Charge for the year on owned assets | 10,700
| At 31 March 2026 | 60,827
| Net book value |
| At 31 March 2026 | 46,170
| At 31 March 2025 | 56,870
Page 6
WATERFORDS (ESTATE AGENTS) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
5. | Tangible fixed assets
|  | Long-term leasehold property | Plant and machinery | Fixtures and fittings | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 April 2025 | 425,858 | 99,197 | 107,801 | 632,856
| Additions | 3,276 | - | 24,203 | 27,479
| At 31 March 2026 | 429,134 | 99,197 | 132,004 | 660,335
| Depreciation |  |  |  |
| At 1 April 2025 | 396,493 | 99,051 | 101,754 | 597,298
| Charge for the year on owned assets | 14,353 | 146 | 5,607 | 20,106
| At 31 March 2026 | 410,846 | 99,197 | 107,361 | 617,404
| Net book value |  |  |  |
| At 31 March 2026 | 18,288 | - | 24,643 | 42,931
| At 31 March 2025 | 29,365 | 146 | 6,047 | 35,558
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 52,371 | 62,827
| Other debtors | 39,993 | 30,706
|  | 92,364 | 93,533
Page 7
WATERFORDS (ESTATE AGENTS) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 3,667 | 44,000
| Trade creditors | 16,802 | 14,447
| Corporation tax | 68,920 | 52,615
| Other taxation and social security | 62,128 | 99,820
| Other creditors | 4,533 | 7,165
| Accruals and deferred income | 2,894 | 8,836
|  | 158,944 | 226,883
| The bank loans of £3,667 (2025 - £44,000) are secured by a debenture holding a fixed and floating charge over the assets of the Company.
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | - | 3,667
|  | - | 3,667
| The bank loans of £Nil (2025 - £3,667) are secured by a debenture holding a fixed and floating charge over the assets of the Company.
9. | 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 | 2025
|  |  |  |  | £ | £
| Not later than 1 year | 24,444 | 35,000
| Later than 1 year and not later than 5 years | 35,042 | 59,486
|  | 59,486 | 94,486
Page 8