Caseware UK (AP4) 2025.0.111 2025.0.111 2026-01-31 2026-01-31 Tax is recognised in the Statement of Comprehensive Income, except that a change 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 operate and generate income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of financial position date, except that:false 2025-02-01 false Design and manufacture of high quality knitwear and socks 53 54 true true 03441080 2025-02-01 2026-01-31 03441080 2024-02-01 2025-01-31 03441080 2026-01-31 03441080 2025-01-31 03441080 c:Director6 2025-02-01 2026-01-31 03441080 d:Buildings 2025-02-01 2026-01-31 03441080 d:Buildings 2026-01-31 03441080 d:Buildings 2025-01-31 03441080 d:Buildings d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 03441080 d:PlantMachinery 2025-02-01 2026-01-31 03441080 d:PlantMachinery 2026-01-31 03441080 d:PlantMachinery 2025-01-31 03441080 d:PlantMachinery d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 03441080 d:FurnitureFittings 2025-02-01 2026-01-31 03441080 d:FurnitureFittings 2026-01-31 03441080 d:FurnitureFittings 2025-01-31 03441080 d:FurnitureFittings d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 03441080 d:OwnedOrFreeholdAssets 2025-02-01 2026-01-31 03441080 d:CurrentFinancialInstruments 2026-01-31 03441080 d:CurrentFinancialInstruments 2025-01-31 03441080 d:Non-currentFinancialInstruments 2026-01-31 03441080 d:Non-currentFinancialInstruments 2025-01-31 03441080 d:CurrentFinancialInstruments d:WithinOneYear 2026-01-31 03441080 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 03441080 d:Non-currentFinancialInstruments d:AfterOneYear 2026-01-31 03441080 d:Non-currentFinancialInstruments d:AfterOneYear 2025-01-31 03441080 d:ShareCapital 2026-01-31 03441080 d:ShareCapital 2025-01-31 03441080 d:SharePremium 2026-01-31 03441080 d:SharePremium 2025-01-31 03441080 d:CapitalRedemptionReserve 2026-01-31 03441080 d:CapitalRedemptionReserve 2025-01-31 03441080 d:RevaluationReserve 2026-01-31 03441080 d:RevaluationReserve 2025-01-31 03441080 d:RetainedEarningsAccumulatedLosses 2026-01-31 03441080 d:RetainedEarningsAccumulatedLosses 2025-01-31 03441080 c:OrdinaryShareClass1 2025-02-01 2026-01-31 03441080 c:OrdinaryShareClass1 2026-01-31 03441080 c:OrdinaryShareClass1 2025-01-31 03441080 c:OrdinaryShareClass2 2025-02-01 2026-01-31 03441080 c:OrdinaryShareClass2 2026-01-31 03441080 c:OrdinaryShareClass2 2025-01-31 03441080 c:FRS102 2025-02-01 2026-01-31 03441080 c:Audited 2025-02-01 2026-01-31 03441080 c:FullAccounts 2025-02-01 2026-01-31 03441080 c:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 03441080 c:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 03441080 2 2025-02-01 2026-01-31 03441080 6 2025-02-01 2026-01-31 03441080 e:PoundSterling 2025-02-01 2026-01-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 03441080 CORGI HOSIERY LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
CORGI HOSIERY LIMITED
CONTENTS
| Page
Statement of Financial Position | 1 - 2
Notes to the Financial Statements | 3 - 10
CORGI HOSIERY LIMITED REGISTERED NUMBER:03441080
STATEMENT OF FINANCIAL POSITION AS AT 31 JANUARY 2026
|  | 2026 |  | 2025
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible fixed assets | 4 |  | 442,773 |  | 442,345
Investments | 5 |  | 913 |  | -
|  |  | 443,686 |  | 442,345
Current assets |  |  |  |  |
Stocks | 6 | 706,864 |  | 707,009 |
Debtors: amounts falling due within one year | 7 | 556,540 |  | 598,685 |
Bank and cash balances |  | 44,757 |  | 56,889 |
|  | 1,308,161 |  | 1,362,583 |
Current liabilities |  |  |  |  |
Creditors: amounts falling due within one year | 8 | (589,411) |  | (567,557) |
Net current assets |  |  | 718,750 |  | 795,026
Total assets less current liabilities |  |  | 1,162,436 |  | 1,237,371
Creditors: amounts falling due after more than one year | 9 |  | (300,286) |  | (292,192)
Provisions for liabilities |  |  |  |  |
Accruals and deferred income | 10 |  | (59,169) |  | (70,077)
Net assets |  |  | 802,981 |  | 875,102
Capital and reserves |  |  |  |  |
Called up share capital | 11 |  | 74,801 |  | 74,801
Share premium account |  |  | 24,999 |  | 24,999
Revaluation reserve |  |  | 180,184 |  | 180,257
Capital redemption reserve |  |  | 5,200 |  | 5,200
Profit and loss account |  |  | 517,797 |  | 589,845
|  |  | 802,981 |  | 875,102
Page 1
CORGI HOSIERY LIMITED REGISTERED NUMBER:03441080
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 JANUARY 2026 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 13 August 2026.
R Yentob
Director
The notes on pages 3 to 10 form part of these financial statements. Page 2
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
1. | General information
Corgi Hosiery Limited is a private limited liability company incorporated in England and Wales, with its principal place of business and registered office address at New Road, Ammanford, Wales, SA18 3DS. The principal activity of the Company continued to be that of the design and manufacture of high quality knitwear and socks. 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 | Exemption from preparing consolidated financial statements
The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
| 2.3 | Turnover
Turnover 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. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover comprises revenue recognised by the Company in respect of goods supplied during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised when goods are dispatched.
| 2.4 | Valuation of investments
Where a subsidiary undertaking has no issued share capital, such as a US limited liability company, the directors establish the cost of investment by reference to the substance of amounts contributed to that undertaking. Amounts advanced or recharged that represent a genuine funding of the subsidiary's operations, with no reasonable expectation of repayment, are treated as a capital contribution and included in the cost of investment. Amounts recoverable in the normal course of trade are treated as a debtor.
| 2.5 | Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and any accumulated impairment losses. 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. Page 3
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.5 | Tangible fixed assets (continued)
Land and buildings are stated at deemed cost for land and buildings held at valuation at the date of transition to FRS102 less accumulated depreciation and accumulated impairment costs. Land is not depreciated. Depreciation on other assets 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 | - | 1-2% straight line basis
|  |  |  | Plant and machinery | - | 33% straight line basis
|  |  |  | Fixtures and fittings | - | 33% straight line basis
| 2.6 | Stocks
Stocks are valued at lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
| 2.7 | Debtors
Short term debtors are measured at the transaction price.
| 2.8 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.
| 2.9 | 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.
| 2.10 | Government 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 Statement of Comprehensive Income in the same period as the related expenditure. Page 4
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.11 | Foreign currency translation
Functional and presentation currency The Company's functional and presentational currency is £ Sterling. 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 the Statement of Comprehensive Income..
| 2.12 | Finance costs
Finance costs are charged to the Statement of Comprehensive Income 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.
| 2.13 | Dividends
Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting
| 2.14 | Pensions
Defined contribution pension plan The Company contributes to 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 Statement of Comprehensive Income 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. Page 5
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026 2.Accounting policies (continued)
| 2.15 | Taxation
Tax is recognised in the Statement of Comprehensive Income, except that a change 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 operate and generate income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Statement of financial position 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.
| 2.16 | Interest income
Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.
3. | Employees
| The average monthly number of employees, including directors, during the year was 53 (2025 - 54).
Page 6
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
4. | Tangible fixed assets
|  | Freehold property | Plant and machinery | Fixtures and fittings | Total
|  | £ | £ | £ | £
| Cost or valuation |  |  |  |
| At 1 February 2025 | 510,727 | 604,026 | 213,342 | 1,328,095
| Additions | - | 55,890 | 9,124 | 65,014
| At 31 January 2026 | 510,727 | 659,916 | 222,466 | 1,393,109
| Depreciation |  |  |  |
| At 1 February 2025 | 132,573 | 563,797 | 189,380 | 885,750
| Charge for the year on owned assets | 5,299 | 42,515 | 16,772 | 64,586
| At 31 January 2026 | 137,872 | 606,312 | 206,152 | 950,336
| Net book value |  |  |  |
| At 31 January 2026 | 372,855 | 53,604 | 16,314 | 442,773
| At 31 January 2025 | 378,154 | 40,229 | 23,962 | 442,345
| The Company applied the transitional arrangements of Section 35 of FRS102 and used a previous valuation as deemed cost for the freehold properties. The properties are being depreciated from the valuation date. As the assets are depreciated or sold an appropriate transfer is made from the other reserve to retained earnings. Included in freehold properties is land at cost of £121,875 (2025 - £121,875) which is not depreciated
5. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost |
| Additions | 913
| At 31 January 2026 | 913
Page 7
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
6. | Stocks
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Stock and finished goods | 706,864 | 707,009
7. | Debtors
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Trade debtors | 181,672 | 214,609
| Amounts owed by group undertakings | 25,687 | -
| Other debtors | - | 8,179
| Prepayments and accrued income | 349,181 | 375,897
|  | 556,540 | 598,685
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 50,152 | 78,754
| Trade creditors | 105,683 | 117,914
| Amounts owed to group undertakings | 372,709 | 327,771
| Taxation and social security | 31,152 | 23,431
| Accruals and deferred income | 29,715 | 19,687
|  | 589,411 | 567,557
| The Company's bank facilities are secured by a first charge on the freehold property and a debenture over the assets of the Company.
Page 8
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Bank loans | 57,425 | 102,953
| Amounts owed to group undertakings | 242,861 | 189,239
|  | 300,286 | 292,192
| The Company's bank facilities are secured by a first charge on the freehold property and a debenture over the assets of the Company. Loans from the parent company are secured by a fixed charge on the freehold property of the Company.
10. | Accruals and deferred income
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
| Grants | 59,169 | 70,077
11. | Share capital
|  |  |  |  | 2026 | 2025
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 14,960 (2025 - 14,960) Ordinary shares of £1 each | 14,960 | 14,960
|  | 59,841 (2025 - 59,841) Ordinary A shares of £1 each | 59,841 | 59,841
|  |  | 74,801 | 74,801
12. | Related party transactions
| During the year the company's parent undertaking, Dewhurst Dent Plc, recharged overhead expenses to the company at cost and charged the company loan interest of £32,740 (2025 - £29,789). At the reporting date the company owed £615,570 (2025 - £517,010) to Dewhurst Dent Plc. During the year the company charged management fees of £61,802 (2025 - £nil) to its subsidiary undertaking, Corgi Socks LLC. At the reporting date the company was owed £25,687 (2025 - £nil) by Corgi Socks LLC.
Page 9
CORGI HOSIERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026
13. | Controlling party
The Company's immediate and ultimate parent undertaking is Dewhurst Dent Plc, a company incorporated in England and Wales, which prepares consolidated financial statements. Copies of the group financial statements are available from Dents, Furnax Lane, Warminster, Wiltshire, BA12 8PE. In the opinion of the directors there is no ultimate controlling party.
14. | Auditors' information
The auditors' report on the financial statements for the year ended 31 January 2026 was unqualified. The audit report was signed on 13 August 2026 by Stephen Iseman FCA (Senior Statutory Auditor) on behalf of Sopher + Co LLP.
Page 10