Caseware UK (AP4) 2025.0.111 2025.0.111 2026-01-31 2026-01-31 12 true 2025-02-01 No description of principal activity The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true false 14 false 05016112 2025-02-01 2026-01-31 05016112 2024-02-01 2025-01-31 05016112 2026-01-31 05016112 2025-01-31 05016112 c:Director2 2025-02-01 2026-01-31 05016112 d:PlantMachinery 2025-02-01 2026-01-31 05016112 d:PlantMachinery 2026-01-31 05016112 d:PlantMachinery 2025-01-31 05016112 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 05016112 d:MotorVehicles 2025-02-01 2026-01-31 05016112 d:MotorVehicles 2026-01-31 05016112 d:MotorVehicles 2025-01-31 05016112 d:MotorVehicles d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 05016112 d:FurnitureFittings 2025-02-01 2026-01-31 05016112 d:FurnitureFittings 2026-01-31 05016112 d:FurnitureFittings 2025-01-31 05016112 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 05016112 d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 05016112 d:CurrentFinancialInstruments 2026-01-31 05016112 d:CurrentFinancialInstruments 2025-01-31 05016112 d:Non-currentFinancialInstruments 2026-01-31 05016112 d:Non-currentFinancialInstruments 2025-01-31 05016112 d:CurrentFinancialInstruments d:WithinOneYear 2026-01-31 05016112 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 05016112 d:Non-currentFinancialInstruments d:AfterOneYear 2026-01-31 05016112 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 05016112 d:ShareCapital 2026-01-31 05016112 d:ShareCapital 2025-01-31 05016112 d:RetainedEarningsAccumulatedLosses 2026-01-31 05016112 d:RetainedEarningsAccumulatedLosses 2025-01-31 05016112 c:FRS102 2025-02-01 2026-01-31 05016112 c:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 05016112 c:FullAccounts 2025-02-01 2026-01-31 05016112 c:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 05016112 2 2025-02-01 2026-01-31 05016112 6 2025-02-01 2026-01-31 05016112 e:PoundSterling 2025-02-01 2026-01-31 iso4217:GBP xbrli:pure

Registered number: 05016112 WELLS MCFARLANE LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
WELLS MCFARLANE LIMITED
CONTENTS
| Page
Balance Sheet | 1 - 2
Notes to the Financial Statements | 3 - 10
WELLS MCFARLANE LIMITED REGISTERED NUMBER:05016112
BALANCE SHEET AS AT 31 JANUARY 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 239,004 |  | 211,591
|  |  | 239,004 |  | 211,591
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 467,756 |  | 1,153,396 |
Current asset investments | 6 | 72,369 |  | 66,616 |
Cash at bank and in hand |  | 131,387 |  | 132,228 |
|  | 671,512 |  | 1,352,240 |
Creditors: amounts falling due within one year | 7 | (246,076) |  | (905,701) |
Net current assets |  |  | 425,436 |  | 446,539
Total assets less current liabilities |  |  | 664,440 |  | 658,130
Creditors: amounts falling due after more than one year | 8 |  | (136,459) |  | (102,800)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (58,748) |  | (54,835) |
|  |  | (58,748) |  | (54,835)
Net assets |  |  | 469,233 |  | 500,495
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 469,133 |  | 500,395
|  |  | 469,233 |  | 500,495
Page 1
WELLS MCFARLANE LIMITED REGISTERED NUMBER:05016112
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:
................................................ A J McFarlane Holt
Director
Date: 29 July 2026
The notes on pages 3 to 10 form part of these financial statements. Page 2
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
1. | General information
Wells McFarlane Limited is a private company, limited by shares, registered in England and Wales, registration number 05016112. The registered office is Eden House, Unit 8, St. Johns Business Park, Lutterworth, LE17 4HB. Principal activities The principal activity of the Company during the year continued to be that of chartered surveyors, planning and development consultants. 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 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 Company's functional and presentational currency is British Pound Sterling (£). 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: 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 the Profit and Loss Account 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. Page 3
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.4 | 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 the Profit and Loss Account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
| 2.5 | Interest income
Interest income is recognised in the Profit and Loss Account using the effective interest method.
| 2.6 | Finance costs
Finance costs are charged to the Profit and Loss Account 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 the Profit and Loss Account 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 the Profit and Loss Account 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
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.9 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account 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.
| 2.10 | 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, using both the straight-line and reducing balance methods. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 25% straight line basis per annum
|  |  |  | Motor vehicles | - | 30% reducing balance per annum
|  |  |  | Fixtures, fittings and equipment | - | 25% reducing balance per annum
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 the Profit and Loss Account. Page 5
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.11 | Valuation of investments
Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.12 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at transaction price, 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. 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 transaction price, 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. Increases in provisions are generally charged as an expense to the Profit and Loss Account.
| 2.16 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at transaction price, net of transaction costs, and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost. Financial assets that are measured at cost and amortised cost are assessed at the end of each Page 6
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.16 | Financial instruments (continued)
reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date. Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| 2.17 | 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 14 (2025 - 12).
Page 7
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
4. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures, fittings and equipment | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 February 2025 | 53,872 | 182,426 | 32,499 | 268,797
| Additions | 7,952 | 83,000 | - | 90,952
| At 31 January 2026 | 61,824 | 265,426 | 32,499 | 359,749
| Depreciation |  |  |  |
| At 1 February 2025 | 40,431 | 7,601 | 9,174 | 57,206
| Charge for the year | 6,148 | 52,447 | 4,944 | 63,539
| At 31 January 2026 | 46,579 | 60,048 | 14,118 | 120,745
| Net book value |  |  |  |
| At 31 January 2026 | 15,245 | 205,378 | 18,381 | 239,004
| At 31 January 2025 | 13,441 | 174,825 | 23,325 | 211,591
5. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 123,842 | 868,177
| Other debtors | 240,218 | 259,959
| Prepayments and accrued income | 103,696 | 25,260
|  | 467,756 | 1,153,396
| Included within Debtors are balances of £209,193 (2024 - £211,756) owed by companies under common control.
Page 8
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
6. | Current asset investments
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Listed investments | 72,369 | 66,616
|  | 72,369 | 66,616
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 5,596 | 5,458
| Trade creditors | 12,163 | 600,071
| Corporation tax | 68,893 | 157,052
| Other taxation and social security | 77,381 | 75,883
| Obligations under finance lease and hire purchase contracts | 38,747 | 27,357
| Other creditors | 2,452 | 1,583
| Accruals and deferred income | 40,844 | 38,297
|  | 246,076 | 905,701
| The hire purchase agreements are secured on the assets to which they relate. HSBC Bank PLC holds a fixed and floating charge over all property and undertakings of the Company in relation to the bank loans. ncluded within Creditors are balances of £nil (2024 - £211,756) owed to companies under common control.
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 19,696 | 25,290
| Net obligations under finance leases and hire purchase contracts | 116,763 | 77,510
|  | 136,459 | 102,800
| The hire purchase agreements are secured on the assets to which they relate. HSBC Bank PLC holds a fixed and floating charge over all property and undertakings of the Company in relation to the bank loans.
Page 9
WELLS MCFARLANE LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 9.Other financial commitments At the year end, the Company had future financial commitments of £16,667 (2025 - £36,667).
10. | Related party transactions
| At the start of the year, a director owed the Company £6,649. During the year advances of £123,057 were made to, and repayments of £117,521 were received from the director, leaving a balance of £12,185 owing to the Company by the director at the year end. At the start of the year, another director owed the Company £643. During the year advances of £102,439 were made to, and repayments of £100,306 were received from, the director, leaving a balance of £2,776 owing to the Company by the director at the year end. At the start of the year, another director owed the Company £7,665. During the year advances of £120,053 were made to, and repayments of £117,505 were received from, the director, leaving a balance of £10,213 owing to the Company by the director at the year end. Interest has been charged at the HMRC official rate on any overdrawn balances and balances are repayable on demand. During the year, a balance of £1,594due from an associated company was written off.
Page 10