Caseware UK (AP4) 2025.0.111 2025.0.111 2026-03-31 2026-03-31 29905 29 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true 2025-04-01 false No description of principal activity 29 false false 04403334 2025-04-01 2026-03-31 04403334 2024-04-01 2025-03-31 04403334 2026-03-31 04403334 2025-03-31 04403334 c:Director2 2025-04-01 2026-03-31 04403334 d:Buildings 2025-04-01 2026-03-31 04403334 d:Buildings 2026-03-31 04403334 d:Buildings 2025-03-31 04403334 d:Buildings d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 04403334 d:Buildings d:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 04403334 d:Buildings d:LongLeaseholdAssets 2025-04-01 2026-03-31 04403334 d:Buildings d:LongLeaseholdAssets 2026-03-31 04403334 d:Buildings d:LongLeaseholdAssets 2025-03-31 04403334 d:PlantMachinery 2025-04-01 2026-03-31 04403334 d:PlantMachinery 2026-03-31 04403334 d:PlantMachinery 2025-03-31 04403334 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 04403334 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 04403334 d:MotorVehicles 2025-04-01 2026-03-31 04403334 d:FurnitureFittings 2025-04-01 2026-03-31 04403334 d:FurnitureFittings 2026-03-31 04403334 d:FurnitureFittings 2025-03-31 04403334 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 04403334 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 04403334 d:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 04403334 d:LeasedAssetsHeldAsLessee 2025-04-01 2026-03-31 04403334 d:Goodwill 2026-03-31 04403334 d:Goodwill 2025-03-31 04403334 d:CurrentFinancialInstruments 2026-03-31 04403334 d:CurrentFinancialInstruments 2025-03-31 04403334 d:Non-currentFinancialInstruments 2026-03-31 04403334 d:Non-currentFinancialInstruments 2025-03-31 04403334 d:CurrentFinancialInstruments d:WithinOneYear 2026-03-31 04403334 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 04403334 d:Non-currentFinancialInstruments d:AfterOneYear 2026-03-31 04403334 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 04403334 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2026-03-31 04403334 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 04403334 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2026-03-31 04403334 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 04403334 d:ShareCapital 2026-03-31 04403334 d:ShareCapital 2025-03-31 04403334 d:CapitalRedemptionReserve 2026-03-31 04403334 d:CapitalRedemptionReserve 2025-03-31 04403334 d:RetainedEarningsAccumulatedLosses 2026-03-31 04403334 d:RetainedEarningsAccumulatedLosses 2025-03-31 04403334 c:FRS102 2025-04-01 2026-03-31 04403334 c:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 04403334 c:FullAccounts 2025-04-01 2026-03-31 04403334 c:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 04403334 d:HirePurchaseContracts d:WithinOneYear 2026-03-31 04403334 d:HirePurchaseContracts d:WithinOneYear 2025-03-31 04403334 d:HirePurchaseContracts d:BetweenOneFiveYears 2026-03-31 04403334 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-03-31 04403334 2 2025-04-01 2026-03-31 04403334 6 2025-04-01 2026-03-31 04403334 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2026-03-31 04403334 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2025-03-31 04403334 d:LeasedAssetsHeldAsLessee 2026-03-31 04403334 d:LeasedAssetsHeldAsLessee 2025-03-31 04403334 e:PoundSterling 2025-04-01 2026-03-31 iso4217:GBP xbrli:pure

Registered number: 04403334 NORTH WEST TURF LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
NORTH WEST TURF LIMITED REGISTERED NUMBER: 04403334 STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 5,472,481 |  | 3,254,568
Investments | 6 |  | 201 |  | 201
|  |  | 5,472,682 |  | 3,254,769
Current assets |  |  |  |  |
Stocks |  | 309,917 |  | 283,972 |
Debtors: amounts falling due within one year | 7 | 1,007,425 |  | 944,237 |
Cash at bank and in hand | 8 | 202,360 |  | 238,453 |
|  | 1,519,702 |  | 1,466,662 |
Creditors: amounts falling due within one year | 9 | (2,358,669) |  | (936,584) |
Net current (liabilities)/assets |  |  | (838,967) |  | 530,078
Total assets less current liabilities |  |  | 4,633,715 |  | 3,784,847
Creditors: amounts falling due after more than one year | 10 |  | (904,840) |  | -
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (459,602) |  | (319,710) |
|  |  | (459,602) |  | (319,710)
Net assets |  |  | 3,269,273 |  | 3,465,137
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 120 |  | 140
Capital redemption reserve |  |  | 80 |  | 60
Profit and loss account |  |  | 3,269,073 |  | 3,464,937
|  |  | 3,269,273 |  | 3,465,137
Page 1
NORTH WEST TURF LIMITED REGISTERED NUMBER: 04403334 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 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 22 July 2026.
I. J. Mercer
Director
The notes on pages 3 to 12 form part of these financial statements. Page 2
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
1. | General information
North West Turf Limited is a private limited company, limited by shares, incorporated in England and Wales. It's registered office is Mickering Lane, Aughton, Lancashire, L39 6SR. The company number is 04403334. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied:
| 2.2 | Going concern
The company depends on its existing bank facilities to meet its day to day working capital requirements. Current forecasts indicate that the company expects to be able to operate within these facilities for whole of the foreseeable future. These facilities are renewed annually and are not guaranteed for the period covered by the going concern review. The Directors are not aware, however, of any circumstances that may adversely affect the renewal of these facilities. Accordingly, the directors believe it is appropriate to prepare the financial statements on the going concern basis.
| 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.
| 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. Page 3
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.5 | Leased assets: the Company as lessee
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.6 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 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.
| 2.9 | 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. Page 4
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.10 | 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.
| 2.11 | 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 and reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Land | - | Not depreciated
|  |  |  | Property improvements | - | 10% straight line
|  |  |  | Plant & machinery | - | 20% reducing balance
|  |  |  | Motor vehicles | - | 25% straight line
|  |  |  | Fixtures, fittings and equipment | - | 20% 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.
| 2.12 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 2.13 | 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. Page 5
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 2.Accounting policies (continued)
| 2.14 | 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.
| 2.15 | 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.
| 2.16 | 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.
| 2.17 | 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 29 (2025 - 29).
Page 6
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
4. | Intangible assets
|  | Goodwill
|  | £
| At 1 April 2025 | 600,000
| At 31 March 2026 | 600,000
| At 1 April 2025 | 600,000
| At 31 March 2026 | 600,000
| Net book value |
| At 31 March 2026 | -
| At 31 March 2025 | -
Page 7
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
5. | Tangible fixed assets
|  | Freehold Land and buildings | Property improve- ment | Plant & machinery | Fixtures, fittings and equipment | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 April 2025 | 1,860,273 | 336,203 | 1,975,229 | 63,358 | 4,235,063
| Additions | 1,654,933 | - | 1,242,803 | 1,857 | 2,899,593
| Disposals | - | - | (519,862) | - | (519,862)
| At 31 March 2026 | 3,515,206 | 336,203 | 2,698,170 | 65,215 | 6,614,794
| Depreciation |  |  |  |  |
| At 1 April 2025 | 27,568 | 91,935 | 807,597 | 53,395 | 980,495
| Charge for the year on owned assets | 18,795 | 29,905 | 262,278 | 2,213 | 313,191
| Charge for the year on financed assets | - | - | 46,800 | - | 46,800
| Disposals | - | - | (198,173) | - | (198,173)
| At 31 March 2026 | 46,363 | 121,840 | 918,502 | 55,608 | 1,142,313
| Net book value |  |  |  |  |
| At 31 March 2026 | 3,468,843 | 214,363 | 1,779,668 | 9,607 | 5,472,481
| At 31 March 2025 | 1,832,704 | 244,268 | 1,167,633 | 9,963 | 3,254,568
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Plant and machinery | 409,200 | -
|  | 409,200 | -
Page 8
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
6. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2025 | 201
| At 31 March 2026 | 201
7. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 36,287 | 40,076
| Amounts owed by group undertakings | 747,958 | 713,227
| Other debtors | 178,000 | 187,156
| Prepayments and accrued income | 45,180 | 3,778
|  | 1,007,425 | 944,237
8. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 202,360 | 238,453
|  | 202,360 | 238,453
Page 9
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
9. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 50,797 | -
| Trade creditors | 529,024 | 391,926
| Amounts owed to group undertakings | 1,342,689 | -
| Corporation tax | - | 91,545
| Other taxation and social security | 15,838 | 25,446
| Obligations under finance lease and hire purchase contracts | 101,967 | -
| Other creditors | 310,869 | 381,819
| Accruals and deferred income | 7,485 | 45,848
|  | 2,358,669 | 936,584
| Bank loans are secured on the freehold land and buildings. Obligations under finance lease and hire purchase contracts are secured on the assets concerned.
10. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 810,965 | -
| Net obligations under finance leases and hire purchase contracts | 93,875 | -
|  | 904,840 | -
| Bank loans are secured on the freehold land and buildings. Net obligations under finance lease and hire purchase contracts are secured on the assets concerned.
Page 10
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
11. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 50,797 | -
|  | 50,797 | -
| Amounts falling due 1-2 years |  |
| Bank loans | 53,624 | -
|  | 53,624 | -
| Amounts falling due 2-5 years |  |
| Bank loans | 757,341 | -
|  | 757,341 | -
|  | 861,762 | -
12. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Within one year | 101,967 | -
| Between 1-5 years | 93,875 | -
|  | 195,842 | -
13. | Pension commitments
The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,051 (2025 - £397). Page 11
NORTH WEST TURF LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
14. | Controlling party
The company is controlled by I. J. Mercer.
Page 12