Caseware UK (AP4) 2025.0.111 2025.0.111 2025-11-30 2025-11-30 0 2024-12-01 0 false Artistic creation true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15253512 2024-12-01 2025-11-30 15253512 2023-11-01 2024-11-30 15253512 2025-11-30 15253512 2024-11-30 15253512 c:Director1 2024-12-01 2025-11-30 15253512 d:FurnitureFittings 2024-12-01 2025-11-30 15253512 d:FurnitureFittings 2025-11-30 15253512 d:FurnitureFittings 2024-11-30 15253512 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-12-01 2025-11-30 15253512 d:PatentsTrademarksLicencesConcessionsSimilar 2025-11-30 15253512 d:PatentsTrademarksLicencesConcessionsSimilar 2024-11-30 15253512 d:CurrentFinancialInstruments 2025-11-30 15253512 d:CurrentFinancialInstruments 2024-11-30 15253512 d:CurrentFinancialInstruments d:WithinOneYear 2025-11-30 15253512 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 15253512 d:ShareCapital 2025-11-30 15253512 d:ShareCapital 2024-11-30 15253512 d:RetainedEarningsAccumulatedLosses 2025-11-30 15253512 d:RetainedEarningsAccumulatedLosses 2024-11-30 15253512 c:OrdinaryShareClass1 2024-12-01 2025-11-30 15253512 c:OrdinaryShareClass1 2025-11-30 15253512 c:OrdinaryShareClass1 2024-11-30 15253512 c:FRS102 2024-12-01 2025-11-30 15253512 c:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 15253512 c:FullAccounts 2024-12-01 2025-11-30 15253512 c:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 15253512 d:PatentsTrademarksLicencesConcessionsSimilar d:OwnedIntangibleAssets 2024-12-01 2025-11-30 15253512 e:PoundSterling 2024-12-01 2025-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15253512 COLOUR WHEEL SALISBURY LTD UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
COLOUR WHEEL SALISBURY LTD REGISTERED NUMBER: 15253512 BALANCE SHEET AS AT 30 NOVEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | 14,400 |  | 16,200
Tangible assets | 5 |  | 844 |  | 1,125
|  |  | 15,244 |  | 17,325
Current assets |  |  |  |  |
Cash at bank and in hand | 6 | 1,342 |  | 914 |
|  | 1,342 |  | 914 |
Creditors: amounts falling due within one year | 7 | (22,178) |  | (21,460) |
Net current liabilities |  |  | (20,836) |  | (20,546)
Total assets less current liabilities |  |  | (5,592) |  | (3,221)
Net liabilities |  |  | (5,592) |  | (3,221)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 10 |  | 10
Profit and loss account |  |  | (5,602) |  | (3,231)
|  |  | (5,592) |  | (3,221)
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COLOUR WHEEL SALISBURY LTD REGISTERED NUMBER: 15253512 BALANCE SHEET (CONTINUED) AS AT 30 NOVEMBER 2025 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 her 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 16 July 2026.
................................................ Camrin Schinkel
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
COLOUR WHEEL SALISBURY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
1. | General information
The Company is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company throughout the year was that of artistic creation. 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 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 accounts have been prepared on a going concern basis. This assumes the continued support of the director which she has pledged for the foreseeable future.
| 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: 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. Page 3
COLOUR WHEEL SALISBURY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Fixtures and fittings | - | 25% | reducing balance
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.
| 2.6 | 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.
| 2.7 | 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.
3. | Employees
| The Company has no employees other than the directors, who did not receive any remuneration (2024 - £Nil).
Page 4
COLOUR WHEEL SALISBURY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
4. | Intangible assets
|  | Franchise Fee
|  | £
| Cost |
| At 1 December 2024 | 18,000
| At 30 November 2025 | 18,000
| Amortisation |
| At 1 December 2024 | 1,800
| Charge for the year on owned assets | 1,800
| At 30 November 2025 | 3,600
| Net book value |
| At 30 November 2025 | 14,400
| At 30 November 2024 | 16,200
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COLOUR WHEEL SALISBURY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
5. | Tangible fixed assets
|  | Fixtures and fittings
|  | £
| Cost or valuation |
| At 1 December 2024 | 1,500
| At 30 November 2025 | 1,500
| Depreciation |
| At 1 December 2024 | 375
| Charge for the year on owned assets | 281
| At 30 November 2025 | 656
| Net book value |
| At 30 November 2025 | 844
| At 30 November 2024 | 1,125
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,342 | 914
|  | 1,342 | 914
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COLOUR WHEEL SALISBURY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other creditors | 20,869 | 20,605
| Accruals and deferred income | 1,309 | 855
|  | 22,178 | 21,460
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 10 (2024 - 10) Ordinary shares of £1.00 each | 10 | 10
9. | Controlling party
The Company is controlled by the director Camrin Schinkel, by virtue of her shareholding, as described in the director's report.
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