Caseware UK (AP4) 2025.0.111 2025.0.111 2026-01-31 2026-01-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.41 2025-02-01 false false No description of principal activity 33 true false 01923890 2025-02-01 2026-01-31 01923890 2024-02-01 2025-01-31 01923890 2026-01-31 01923890 2025-01-31 01923890 c:Director1 2025-02-01 2026-01-31 01923890 d:Buildings 2025-02-01 2026-01-31 01923890 d:Buildings 2026-01-31 01923890 d:Buildings 2025-01-31 01923890 d:Buildings d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 01923890 d:Buildings d:LongLeaseholdAssets 2025-02-01 2026-01-31 01923890 d:PlantMachinery 2025-02-01 2026-01-31 01923890 d:PlantMachinery 2026-01-31 01923890 d:PlantMachinery 2025-01-31 01923890 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 01923890 d:MotorVehicles 2025-02-01 2026-01-31 01923890 d:MotorVehicles 2026-01-31 01923890 d:MotorVehicles 2025-01-31 01923890 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 01923890 d:FurnitureFittings 2025-02-01 2026-01-31 01923890 d:FurnitureFittings 2026-01-31 01923890 d:FurnitureFittings 2025-01-31 01923890 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 01923890 d:ComputerEquipment 2025-02-01 2026-01-31 01923890 d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 01923890 d:CurrentFinancialInstruments 2026-01-31 01923890 d:CurrentFinancialInstruments 2025-01-31 01923890 d:Non-currentFinancialInstruments 2026-01-31 01923890 d:Non-currentFinancialInstruments 2025-01-31 01923890 d:CurrentFinancialInstruments d:WithinOneYear 2026-01-31 01923890 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 01923890 d:Non-currentFinancialInstruments d:AfterOneYear 2026-01-31 01923890 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 01923890 d:ShareCapital 2026-01-31 01923890 d:ShareCapital 2025-01-31 01923890 d:RetainedEarningsAccumulatedLosses 2026-01-31 01923890 d:RetainedEarningsAccumulatedLosses 2025-01-31 01923890 c:OrdinaryShareClass1 2025-02-01 2026-01-31 01923890 c:OrdinaryShareClass1 2026-01-31 01923890 c:OrdinaryShareClass1 2025-01-31 01923890 c:OrdinaryShareClass2 2025-02-01 2026-01-31 01923890 c:OrdinaryShareClass2 2026-01-31 01923890 c:OrdinaryShareClass2 2025-01-31 01923890 c:OrdinaryShareClass3 2025-02-01 2026-01-31 01923890 c:OrdinaryShareClass3 2026-01-31 01923890 c:OrdinaryShareClass3 2025-01-31 01923890 c:OrdinaryShareClass4 2025-02-01 2026-01-31 01923890 c:OrdinaryShareClass4 2026-01-31 01923890 c:OrdinaryShareClass4 2025-01-31 01923890 c:FRS102 2025-02-01 2026-01-31 01923890 c:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 01923890 c:FullAccounts 2025-02-01 2026-01-31 01923890 c:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 01923890 d:WithinOneYear 2026-01-31 01923890 d:WithinOneYear 2025-01-31 01923890 d:BetweenOneFiveYears 2026-01-31 01923890 d:BetweenOneFiveYears 2025-01-31 01923890 d:HirePurchaseContracts d:WithinOneYear 2026-01-31 01923890 d:HirePurchaseContracts d:WithinOneYear 2025-01-31 01923890 d:HirePurchaseContracts d:BetweenOneFiveYears 2026-01-31 01923890 d:HirePurchaseContracts d:BetweenOneFiveYears 2025-01-31 01923890 2 2025-02-01 2026-01-31 01923890 6 2025-02-01 2026-01-31 01923890 e:PoundSterling 2025-02-01 2026-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 01923890 HITHERBEST LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
HITHERBEST LIMITED REGISTERED NUMBER: 01923890 BALANCE SHEET AS AT 31 JANUARY 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 856,245 |  | 1,072,623
Investments | 5 |  | 1 |  | 1
|  |  | 856,246 |  | 1,072,624
Current assets |  |  |  |  |
Stocks |  | 61,257 |  | 164,855 |
Debtors | 6 | 602,510 |  | 556,823 |
Cash at bank and in hand | 7 | 1,905,098 |  | 1,857,001 |
|  | 2,568,865 |  | 2,578,679 |
Creditors: amounts falling due within one year | 8 | (272,977) |  | (323,456) |
Net current assets |  |  | 2,295,888 |  | 2,255,223
Total assets less current liabilities |  |  | 3,152,134 |  | 3,327,847
Creditors: amounts falling due after more than one year | 9 |  | - |  | (42,005)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (141,950) |  | (193,100) |
|  |  | (141,950) |  | (193,100)
Accruals and deferred income | 11 |  | (3,737) |  | (7,480)
Net assets excluding pension asset |  |  | 3,006,447 |  | 3,085,262
Net assets |  |  | 3,006,447 |  | 3,085,262
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 6,000 |  | 6,000
Profit and loss account |  |  | 3,000,447 |  | 3,079,262
|  |  | 3,006,447 |  | 3,085,262
Page 1
HITHERBEST LIMITED REGISTERED NUMBER: 01923890 BALANCE SHEET (CONTINUED) AS AT 31 JANUARY 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 profit and loss account 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:
................................................ Dr N H Evans
Director
Date: 21 July 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
1. | General information
Hitherbest Limited, 01923890, is a private company, limited by shares, registered in England and Wales, with its registered office at Heath Hill Court, Heath Hill Industrial Estate, Dawley, Telford, Shropshire, TF4 2RH. 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 | 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.
| 2.3 | 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
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.4 | Grants
Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income. Grants of a revenue nature are recognised in the Profit and Loss Account in the same period as the related expenditure.
| 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 | 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. Page 4
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.8 | 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.
| 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:
|  |  |  | Freehold property | - | 2% | on cost
|  |  |  | Freehold property - improvements | - | 15% | on cost
|  |  |  | Plant and machinery | - | 15% | on cost
|  |  |  | Motor vehicles | - | 25% | on cost
|  |  |  | Fixtures and fittings | - | 15% | on cost
|  |  |  | Computer equipment | - | 33% | on cost
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. Page 5
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.10 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment.
| 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.
| 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. Deferred tax liabilities are also presented within provisions but are measured in accordance with the accounting policy on taxation. 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. Page 6
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
3. | Employees
| The average monthly number of employees, including directors, during the year was 33 (2025 - 41).
4. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 February 2025 | 569,774 | 1,840,571 | 49,855 | 85,174 | 2,545,374
| Additions | - | - | - | 11,572 | 11,572
| Disposals | - | (201,198) | - | (3,436) | (204,634)
| At 31 January 2026 | 569,774 | 1,639,373 | 49,855 | 93,310 | 2,352,312
| Depreciation |  |  |  |  |
| At 1 February 2025 | 265,373 | 1,115,717 | 43,260 | 48,401 | 1,472,751
| Charge for the year on owned assets | 17,940 | 197,521 | 3,325 | 9,164 | 227,950
| Disposals | - | (201,198) | - | (3,436) | (204,634)
| At 31 January 2026 | 283,313 | 1,112,040 | 46,585 | 54,129 | 1,496,067
| Net book value |  |  |  |  |
| At 31 January 2026 | 286,461 | 527,333 | 3,270 | 39,181 | 856,245
| At 31 January 2025 | 304,401 | 724,854 | 6,595 | 36,773 | 1,072,623
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 February 2025 | 1
| At 31 January 2026 | 1
Page 7
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
6. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 252,791 | 396,257
| Amounts owed by group undertakings | 99,749 | 99,001
| Other debtors | 1,163 | 6,700
| Prepayments and accrued income | 248,807 | 54,865
|  | 602,510 | 556,823
7. | Cash and cash equivalents
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Cash at bank and in hand | 1,905,098 | 1,857,001
|  | 1,905,098 | 1,857,001
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade creditors | 79,074 | 89,630
| Other taxation and social security | 110,852 | 104,374
| Obligations under finance lease and hire purchase contracts | 42,005 | 72,010
| Other creditors | 22,978 | 12
| Accruals and deferred income | 18,068 | 57,430
|  | 272,977 | 323,456
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Net obligations under finance leases and hire purchase contracts | - | 42,005
|  | - | 42,005
Page 8
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
10. | Hire purchase and finance leases
| Minimum lease payments under hire purchase fall due as follows:
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Within one year | 42,005 | 72,010
| Between 1-5 years | - | 42,005
|  | 42,005 | 114,015
11. | Accruals and deferred income
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Grants | 3,737 | 7,480
|  | 3,737 | 7,480
12. | Share capital
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 2,750 (2025 - 2,750) Ordinary shares of £1 each | 2,750 | 2,750
|  | 250 (2025 - 250) Preference shares of £1 each | 250 | 250
|  | 2,750 (2025 - 2,750) Ordinary B shares of £1 each | 2,750 | 2,750
|  | 250 (2025 - 250) Preference B shares of £1 each | 250 | 250
|  |  | 6,000 | 6,000
Page 9
HITHERBEST LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
13. | Commitments under operating leases
| At 31 January 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 | 25,974 | 33,340
| Later than 1 year and not later than 5 years | 31,112 | 57,330
|  | 57,086 | 90,670
Page 10