Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 2025-01-01 false sale of clothing and footwear 11 12 true true false 07336707 2025-01-01 2025-12-31 07336707 2024-01-01 2024-12-31 07336707 2025-12-31 07336707 2024-12-31 07336707 2024-01-01 07336707 c:Director5 2025-01-01 2025-12-31 07336707 d:PlantMachinery 2025-01-01 2025-12-31 07336707 d:PlantMachinery 2025-12-31 07336707 d:PlantMachinery 2024-12-31 07336707 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07336707 d:MotorVehicles 2025-01-01 2025-12-31 07336707 d:MotorVehicles 2025-12-31 07336707 d:MotorVehicles 2024-12-31 07336707 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07336707 d:FurnitureFittings 2025-01-01 2025-12-31 07336707 d:FurnitureFittings 2025-12-31 07336707 d:FurnitureFittings 2024-12-31 07336707 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07336707 d:OfficeEquipment 2025-01-01 2025-12-31 07336707 d:OfficeEquipment 2025-12-31 07336707 d:OfficeEquipment 2024-12-31 07336707 d:OfficeEquipment d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07336707 d:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 07336707 d:CurrentFinancialInstruments 2025-12-31 07336707 d:CurrentFinancialInstruments 2024-12-31 07336707 d:Non-currentFinancialInstruments 2025-12-31 07336707 d:Non-currentFinancialInstruments 2024-12-31 07336707 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 07336707 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07336707 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 07336707 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 07336707 d:ShareCapital 2025-12-31 07336707 d:ShareCapital 2024-12-31 07336707 d:ShareCapital 2024-01-01 07336707 d:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 07336707 d:RetainedEarningsAccumulatedLosses 2025-12-31 07336707 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 07336707 d:RetainedEarningsAccumulatedLosses 2024-12-31 07336707 d:RetainedEarningsAccumulatedLosses 2024-01-01 07336707 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 07336707 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 07336707 c:FRS102 2025-01-01 2025-12-31 07336707 c:Audited 2025-01-01 2025-12-31 07336707 c:FullAccounts 2025-01-01 2025-12-31 07336707 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07336707 d:HirePurchaseContracts d:WithinOneYear 2025-12-31 07336707 d:HirePurchaseContracts d:WithinOneYear 2024-12-31 07336707 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-12-31 07336707 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-12-31 07336707 c:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07336707 2 2025-01-01 2025-12-31 07336707 e:PoundSterling 2025-01-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 07336707 WISE SAFETY LTD FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2025
WISE SAFETY LTD REGISTERED NUMBER: 07336707 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | Unaudited 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | - |  | 117,226
|  |  | - |  | 117,226
Current assets |  |  |  |  |
Stocks |  | - |  | 124,569 |
Debtors: amounts falling due within one year | 5 | 132,054 |  | 238,782 |
Cash at bank and in hand | 6 | 3,693 |  | 147,251 |
|  | 135,747 |  | 510,602 |
Creditors: amounts falling due within one year | 7 | (2,937) |  | (355,374) |
Net current assets |  |  | 132,810 |  | 155,228
Total assets less current liabilities |  |  | 132,810 |  | 272,454
Creditors: amounts falling due after more than one year | 8 |  | - |  | (43,076)
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 | - |  | (19,590) |
|  |  | - |  | (19,590)
Net assets |  |  | 132,810 |  | 209,788
Page 1
WISE SAFETY LTD REGISTERED NUMBER: 07336707 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025
|  | 2025 |  | Unaudited 2024
Note |  | £ |  | £
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 2 |  | 2
Profit and loss account |  |  | 132,808 |  | 209,786
|  |  | 132,810 |  | 209,788
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:
................................................ B Douglass
Director
Date: 30 June 2026
The notes on pages 4 to 11 form part of these financial statements. Page 2
WISE SAFETY LTD STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2025
| Called up share capital | Profit and loss account | Total equity
| £ | £ | £
At 1 January 2024 (Unaudited) | 2 | 270,466 | 270,468
Profit for the year | - | 37,120 | 37,120
Dividends: Equity capital | - | (97,800) | (97,800)
At 1 January 2025 | 2 | 209,786 | 209,788
Loss for the year | - | (878) | (878)
Dividends: Equity capital | - | (76,100) | (76,100)
At 31 December 2025 | 2 | 132,808 | 132,810
| The notes on pages 4 to 11 form part of these financial statements.
Page 3
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Wise Safety Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found 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 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 company ceased trading during the year. All trade has moved into Hazchem Safety Ltd.The directors intend to wind up the Company in the foreseable future and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern.
| 2.3 | 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. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'. Page 4
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | 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.
| 2.5 | 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. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 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. Page 5
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.
| 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 balance sheet 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 balance sheet 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 balance sheet date. Page 6
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 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:
|  |  |  | Plant and machinery | - | 15% |
|  |  |  | Motor vehicles | - | 25% |
|  |  |  | Fixtures and fittings | - | 15% |
|  |  |  | Office equipment | - | 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.
| 2.11 | 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 on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet 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 7
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.15 | 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.
| 2.16 | 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.
3. | Employees
| The average monthly number of employees, including directors, during the year was 11 (2024 - 12).
4. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Office equipment | Total
|  | £ | £ | £ | £ | £
| At 1 January 2025 | 45,145 | 132,234 | 10,780 | 15,709 | 203,868
| Disposals | (45,145) | (132,234) | (10,780) | (15,709) | (203,868)
| At 31 December 2025 | - | - | - | - | -
| At 1 January 2025 | 17,346 | 52,233 | 6,789 | 10,274 | 86,642
| Charge for the year on owned assets | 198 | - | 349 | 634 | 1,181
| Disposals | (17,544) | (52,233) | (7,138) | (10,908) | (87,823)
| At 31 December 2025 | - | - | - | - | -
| Net book value |  |  |  |  |
| At 31 December 2025 | - | - | - | - | -
| At 31 December 2024 | 27,799 | 80,001 | 3,991 | 5,435 | 117,226
Page 8
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5. | Debtors
|  |  |  |  | 2025 | Unaudited 2024
|  |  |  |  | £ | £
| Trade debtors | - | 226,314
| Amounts owed by group undertakings | 132,054 | -
| Prepayments and accrued income | - | 12,468
|  | 132,054 | 238,782
6. | Cash and cash equivalents
|  |  |  |  | 2025 | Unaudited 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 3,693 | 147,251
|  | 3,693 | 147,251
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | Unaudited 2024
|  |  |  |  | £ | £
| Trade creditors | - | 203,026
| Corporation tax | 2,931 | -
| Other taxation and social security | - | 72,941
| Obligations under finance lease and hire purchase contracts | - | 75,974
| Other creditors | 6 | 4
| Accruals and deferred income | - | 3,429
|  | 2,937 | 355,374
Page 9
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | Unaudited 2024
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | - | 43,076
|  | - | 43,076
9. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2025 | Unaudited 2024
|  |  |  |  | £ | £
| Within one year | - | 75,974
| Between 1-5 years | - | 43,076
|  | - | 119,050
10. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (19,590)
| Charged to profit or loss | 19,590
| At end of year | -
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2025 | Unaudited 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | - | (19,590)
|  | - | (19,590)
Page 10
WISE SAFETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
11. | Related party transactions
| The Company has taken advantage of the exemption under FRS102 not to disclose transactions with wholly owned group companies.
12. | Controlling party
The ultimate controlling party is Betaquip Holdings Limited. The company is a wholly owned subsidiary of Hazchem Safety Ltd. The address of the registered office of Betaquip Holdings Limited is Great Slade, Buckingham Industrial Estate, Buckingham, Buckinghamshire, United Kingdom, MK18 1PA. A copy of the group accounts can be obtained from Companies House.
13. | Auditors' information
The auditors' report on the financial statements for the year ended 31 December 2025 was qualified. The qualification in the audit report was as follows: As noted in the other matter section of this report, the Company was not required to have its financial statements audited in the prior year to 31 December 2024 and thus we did not observe the counting of physical stocks at the end of that year. We were unable to satisfy ourselves by alternative means concerning the stock quantities of £124,569 by using other audit procedures. Consequently, we were unable to determine whether any adjustment to this amount at 31 December 2024 was necessary or whether there was consequential effect on the cost of sales for the year ended 31 December 2025. Other matters The financial statements of the Company for the year ended 31 December 2024 were not audited, as the Company was entitled to exemption for audit under section 477 of the Companies Act 2006 relating to small Companies. Accordingly, we do not express an audit opinion on those financial statements. Emphasis of matter We draw attention to note 2.2 in the financial statements which indicates that the company has ceased trading during the year. All trade has moved into Hazchem Safety Ltd. The directors intend to wind up the company in the foreseeable future and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in note 2.2. Our opinion is not modified in respect of this matter. The audit report was signed on 1 July 2026 by Alex Riley FCCA (Senior statutory auditor) on behalf of WR Partners.
Page 11