Caseware UK (AP4) 2025.0.111 2025.0.111 2025-04-30 2025-04-30 2024-05-01 No description of principal activity false 12 14 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01894019 2024-05-01 2025-04-30 01894019 2023-05-01 2024-04-30 01894019 2025-04-30 01894019 2024-04-30 01894019 c:Director2 2024-05-01 2025-04-30 01894019 d:MotorVehicles 2024-05-01 2025-04-30 01894019 d:MotorVehicles 2025-04-30 01894019 d:MotorVehicles 2024-04-30 01894019 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01894019 d:FurnitureFittings 2024-05-01 2025-04-30 01894019 d:FurnitureFittings 2025-04-30 01894019 d:FurnitureFittings 2024-04-30 01894019 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01894019 d:OfficeEquipment 2024-05-01 2025-04-30 01894019 d:OfficeEquipment 2025-04-30 01894019 d:OfficeEquipment 2024-04-30 01894019 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01894019 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 01894019 d:CurrentFinancialInstruments 2025-04-30 01894019 d:CurrentFinancialInstruments 2024-04-30 01894019 d:Non-currentFinancialInstruments 2025-04-30 01894019 d:Non-currentFinancialInstruments 2024-04-30 01894019 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 01894019 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 01894019 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 01894019 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 01894019 d:ShareCapital 2025-04-30 01894019 d:ShareCapital 2024-04-30 01894019 d:RetainedEarningsAccumulatedLosses 2025-04-30 01894019 d:RetainedEarningsAccumulatedLosses 2024-04-30 01894019 c:OrdinaryShareClass1 2024-05-01 2025-04-30 01894019 c:OrdinaryShareClass1 2025-04-30 01894019 c:OrdinaryShareClass1 2024-04-30 01894019 c:FRS102 2024-05-01 2025-04-30 01894019 c:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 01894019 c:FullAccounts 2024-05-01 2025-04-30 01894019 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 01894019 2 2024-05-01 2025-04-30 01894019 e:PoundSterling 2024-05-01 2025-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01894019 TERENCE DISDALE DESIGN LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 30 APRIL 2025
TERENCE DISDALE DESIGN LIMITED REGISTERED NUMBER: 01894019 STATEMENT OF FINANCIAL POSITION AS AT 30 APRIL 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 106,779 |  | 142,373
|  |  | 106,779 |  | 142,373
Current assets |  |  |  |  |
Stocks |  | 976,663 |  | 976,663 |
Debtors: amounts falling due within one year | 5 | 3,754,996 |  | 4,133,040 |
Cash at bank and in hand | 6 | 961,289 |  | 257,719 |
|  | 5,692,948 |  | 5,367,422 |
Creditors: amounts falling due within one year | 6 | (5,069,011) |  | (2,608,478) |
Net current assets |  |  | 623,937 |  | 2,758,944
Total assets less current liabilities |  |  | 730,716 |  | 2,901,317
Creditors: amounts falling due after more than one year | 7 |  | (36,435) |  | (53,405)
Net assets |  |  | 694,281 |  | 2,847,912
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 100 |  | 100
Profit and loss account |  |  | 694,181 |  | 2,847,812
|  |  | 694,281 |  | 2,847,912
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TERENCE DISDALE DESIGN LIMITED REGISTERED NUMBER: 01894019 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 30 APRIL 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 by:
................................................ D Zulli
Director
Date: 13 July 2026
The notes on pages 3 to 8 form part of these financial statements. Page 2
TERENCE DISDALE DESIGN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. | General information
Terence Disdale Design Limited is a private Company limited by shares and incorporated in England and Wales. The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH. The principal activity of the Company is that of yacht design and ancillary services. 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. The following principal accounting policies have been applied:
| 2.2 | 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.
| 2.3 | 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: 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
TERENCE DISDALE DESIGN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 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.
| 2.9 | Taxation
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. Page 4
TERENCE DISDALE DESIGN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 2.Accounting policies (continued)
| 2.10 | 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:
|  |  |  | Motor vehicles | - | 25% | reducing balance method
|  |  |  | Fixtures and fittings | - | 25% | reducing balance method
|  |  |  | Office equipment | - | 25% | reducing balance method
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.
| 2.11 | 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. 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.
| 2.12 | 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.
| 2.13 | 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.
| 2.14 | 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. Page 5
TERENCE DISDALE DESIGN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 12 (2024 - 14).
4. | Tangible fixed assets
|  | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 May 2024 | 106,133 | 331,811 | 429,753 | 867,697
| At 30 April 2025 | 106,133 | 331,811 | 429,753 | 867,697
| Depreciation |  |  |  |
| At 1 May 2024 | 29,850 | 287,700 | 407,774 | 725,324
| Charge for the year on owned assets | 19,071 | 11,028 | 5,495 | 35,594
| At 30 April 2025 | 48,921 | 298,728 | 413,269 | 760,918
| Net book value |  |  |  |
| At 30 April 2025 | 57,212 | 33,083 | 16,484 | 106,779
| At 30 April 2024 | 76,283 | 44,111 | 21,979 | 142,373
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 8,033 | 179,047
| Amounts owed by group undertakings | 3,207,277 | 2,878,441
| Other debtors | 307,898 | 809,149
| Prepayments and accrued income | 231,788 | 266,403
|  | 3,754,996 | 4,133,040
Included within other debtors due within one year is a loan to Terence Disdale , a Director, amounting to £NIL (2024 - £454,624). This has been repaid on 8 September 2024. Page 6
TERENCE DISDALE DESIGN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | - | 227,370
| Trade creditors | 165,305 | 226,054
| Amounts owed to group undertakings | 2,018,767 | 2,073,767
| Other taxation and social security | 51,056 | 43,983
| Obligations under finance lease and hire purchase contracts | 16,970 | 14,921
| Other creditors | 2,807,671 | 1,571
| Accruals and deferred income | 9,242 | 20,812
|  | 5,069,011 | 2,608,478
7. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | 36,435 | 53,405
|  | 36,435 | 53,405
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1.00 each | 100 | 100
9. | Pension commitments
The Company operates a defined contribution pension scheme for the employees. During the year premiums paid by the Company amounted to £4,980 (2024: £5,339). There were no premiums outstanding at the balance sheet date. Contributions totaling £1,430 (2024: £1,570) were payable to the fund at the reporting date and are included in creditors. Page 7
TERENCE DISDALE DESIGN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
10. | Ultimate controlling party and Related party transactions
| The Company is under the immediate control of Disdale Holdings Limited and the ultimate controlling party is T. Disdale, a director of this company. As the Company is a wholly owned subsidiary of Disdale Holdings Limited, the company has taken advantage of the exemption contained in FRS102.33 and has therefore not disclosed transactions on balances with entities which form part of the group.
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