Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 true 2024-12-01 false Manufacture of other special-purpose machinery 32 32 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03780815 2024-12-01 2025-12-31 03780815 2023-12-01 2024-11-30 03780815 2025-12-31 03780815 2024-11-30 03780815 2023-12-01 03780815 c:Director2 2024-12-01 2025-12-31 03780815 d:PlantMachinery 2024-12-01 2025-12-31 03780815 d:PlantMachinery 2025-12-31 03780815 d:PlantMachinery 2024-11-30 03780815 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-12-01 2025-12-31 03780815 d:MotorVehicles 2024-12-01 2025-12-31 03780815 d:MotorVehicles 2025-12-31 03780815 d:MotorVehicles 2024-11-30 03780815 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-12-01 2025-12-31 03780815 d:ComputerEquipment 2024-12-01 2025-12-31 03780815 d:ComputerEquipment 2025-12-31 03780815 d:ComputerEquipment 2024-11-30 03780815 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-12-01 2025-12-31 03780815 d:OtherPropertyPlantEquipment 2024-12-01 2025-12-31 03780815 d:OtherPropertyPlantEquipment 2025-12-31 03780815 d:OtherPropertyPlantEquipment 2024-11-30 03780815 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-12-01 2025-12-31 03780815 d:OwnedOrFreeholdAssets 2024-12-01 2025-12-31 03780815 d:PatentsTrademarksLicencesConcessionsSimilar 2025-12-31 03780815 d:PatentsTrademarksLicencesConcessionsSimilar 2024-11-30 03780815 d:CurrentFinancialInstruments 2025-12-31 03780815 d:CurrentFinancialInstruments 2024-11-30 03780815 d:Non-currentFinancialInstruments 2025-12-31 03780815 d:Non-currentFinancialInstruments 2024-11-30 03780815 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 03780815 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 03780815 d:Non-currentFinancialInstruments d:AfterOneYear 2025-12-31 03780815 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 03780815 d:ShareCapital 2025-12-31 03780815 d:ShareCapital 2024-11-30 03780815 d:SharePremium 2025-12-31 03780815 d:SharePremium 2024-11-30 03780815 d:RetainedEarningsAccumulatedLosses 2025-12-31 03780815 d:RetainedEarningsAccumulatedLosses 2024-11-30 03780815 d:AcceleratedTaxDepreciationDeferredTax 2025-12-31 03780815 d:AcceleratedTaxDepreciationDeferredTax 2024-11-30 03780815 d:RetirementBenefitObligationsDeferredTax 2025-12-31 03780815 d:RetirementBenefitObligationsDeferredTax 2024-11-30 03780815 c:FRS102 2024-12-01 2025-12-31 03780815 c:AuditExempt-NoAccountantsReport 2024-12-01 2025-12-31 03780815 c:FullAccounts 2024-12-01 2025-12-31 03780815 c:PrivateLimitedCompanyLtd 2024-12-01 2025-12-31 03780815 d:WithinOneYear 2025-12-31 03780815 d:WithinOneYear 2024-11-30 03780815 d:BetweenOneFiveYears 2025-12-31 03780815 d:BetweenOneFiveYears 2024-11-30 03780815 d:MoreThanFiveYears 2025-12-31 03780815 d:MoreThanFiveYears 2024-11-30 03780815 6 2024-12-01 2025-12-31 03780815 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-12-31 03780815 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-11-30 03780815 4 2025-12-31 03780815 4 2024-11-30 03780815 f:PoundSterling 2024-12-01 2025-12-31 iso4217:GBP xbrli:pure

Registered number: 03780815 ALDERCOTE LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
ALDERCOTE LIMITED REGISTERED NUMBER: 03780815 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 31 December |  | 30 November
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Intangible assets | 4 |  | - |  | -
Tangible assets | 5 |  | 23,841 |  | 81,010
Investments | 6 |  | 103,000 |  | 103,000
|  |  | 126,841 |  | 184,010
Current assets |  |  |  |  |
Stocks |  | 1,111,981 |  | 978,156 |
Debtors: amounts falling due within one year | 7 | 2,522,387 |  | 355,132 |
Cash at bank and in hand |  | 71,217 |  | 352,637 |
|  | 3,705,585 |  | 1,685,925 |
Creditors: amounts falling due within one year | 8 | (1,963,362) |  | (469,912) |
Net current assets |  |  | 1,742,223 |  | 1,216,013
Total assets less current liabilities |  |  | 1,869,064 |  | 1,400,023
Creditors: amounts falling due after more than one year | 9 |  | - |  | (31,427)
Provisions for liabilities |  |  |  |  |
Deferred tax | 10 |  | (5,960) |  | (15,730)
Net assets |  |  | 1,863,104 |  | 1,352,866
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 189 |  | 189
Share premium account |  |  | 4,446 |  | 4,446
Profit and loss account |  |  | 1,858,469 |  | 1,348,231
|  |  | 1,863,104 |  | 1,352,866
Page 1
ALDERCOTE LIMITED REGISTERED NUMBER: 03780815 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025 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 period 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 income and retained earnings 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 21 August 2026.
P C Dillon
Director
The notes on pages 3 to 12 form part of these financial statements. Page 2
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
1. | General information
Aldercote Limited is a private Company limited by shares, incorporated in England and Wales (registered number: 03780815). Its registered office is Cedar House, 63 Napier Street, Sheffield, S11 8HA. The principal activity of the Company throughout the year continued to be that of manufacturer of vehicle-mounted access platforms. 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 | 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.
| 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. Page 3
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to the Statement of Retained Earnings on a straight line basis over the lease term.
| 2.5 | Research and development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years. If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
| 2.6 | 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 Statement of Income and Retained Earnings 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.
| 2.7 | Current and deferred taxation
Tax is recognised in the Statement of Income and Retained Earnings. The current 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. Page 4
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.8 | 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.
| 2.9 | 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, as follows. The depreciation rates used are:
|  |  |  | Plant and machinery | - | 15% | on cost
|  |  |  | Motor vehicles | - | 25% | on cost
|  |  |  | Computer equipment | - | 25% | on cost
|  |  |  | Improvements to property | - | 10% | 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 the Statement of Income and Retained Earnings.
| 2.10 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each Balance Sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less 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 the Statement of Income and Retained Earnings. Page 5
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.12 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, 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, 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 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.
3. | Employees
| The average monthly number of employees, including directors, during the period was 32 (2024 - 32).
Page 6
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
4. | Intangible assets
|  | Patents
|  | £
| Cost |
| At 1 December 2024 | 5,000
| At 31 December 2025 | 5,000
| Amortisation |
| At 1 December 2024 | 5,000
| At 31 December 2025 | 5,000
| Net book value |
| At 31 December 2025 | -
| At 30 November 2024 | -
Page 7
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
5. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Computer equipment | Improvements to property | Total
|  | £ | £ | £ | £ | £
| Cost or valuation |  |  |  |  |
| At 1 December 2024 | 83,990 | 331,515 | 28,006 | 7,764 | 451,275
| Additions | - | 1,500 | 9,009 | - | 10,509
| Disposals | - | (278,454) | - | - | (278,454)
| At 31 December 2025 | 83,990 | 54,561 | 37,015 | 7,764 | 183,330
| Depreciation |  |  |  |  |
| At 1 December 2024 | 83,990 | 252,344 | 28,006 | 5,925 | 370,265
| Charge for the period on owned assets | - | 13,640 | 685 | 776 | 15,101
| Disposals | - | (225,877) | - | - | (225,877)
| At 31 December 2025 | 83,990 | 40,107 | 28,691 | 6,701 | 159,489
| Net book value |  |  |  |  |
| At 31 December 2025 | - | 14,454 | 8,324 | 1,063 | 23,841
| At 30 November 2024 | - | 79,171 | - | 1,839 | 81,010
| The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:
|  |  |  |  | 31 December | 30 November
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Motor vehicles | - | 51,077
Page 8
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
6. | Fixed asset investments
|  | Investment in subsidiary
|  | £
| Cost |
| At 1 December 2024 | 103,000
| At 31 December 2025 | 103,000
| Net book value |
| At 31 December 2025 | 103,000
| At 30 November 2024 | 103,000
7. | Debtors
|  |  |  |  | 31 December | 30 November
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 2,366,949 | 188,784
| Other debtors | 155,438 | 166,348
|  | 2,522,387 | 355,132
Page 9
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
8. | Creditors: Amounts falling due within one year
|  |  |  |  | 31 December | 30 November
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 1,154,506 | 168,430
| Corporation tax | 245,393 | 186,262
| Other taxation and social security | 105,950 | 84,784
| Obligations under finance lease and hire purchase contracts | - | 21,066
| Other creditors | 99,893 | 4,120
| Accruals and deferred income | 357,620 | 5,250
|  | 1,963,362 | 469,912
9. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 31 December | 30 November
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Obligations under finance leases and hire purchase contracts | - | 31,427
| The following liabilities were secured:
|  |  |  |  | 31 December | 30 November
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| HP agreements | - | 52,493
| Details of security provided:
Amounts due on hire purchase contracts are secured over the individual asset to which they relate. Page 10
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
10. | Deferred taxation
|  | 2025 | 2024
|  | £ | £
| At beginning of year | 15,730 | 19,685
| Charged to the Statement of Income and Retained Earnings | (9,770) | (3,955)
| At end of year | 5,960 | 15,730
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 31 December | 30 November
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 5,960 | 16,171
| Pension surplus | - | (441)
|  | 5,960 | 15,730
Page 11
ALDERCOTE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025
11. | 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 £25,241 (2024 - £50,882). Contributions totalling £nil (2024 - £1,765) were payable to the fund at the Balance Sheet date and are included in creditors
12. | Commitments under operating leases
| At 31 December 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:
|  |  |  |  | 31 December | 30 November
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Not later than 1 year | 32,000 | 32,000
| Later than 1 year and not later than 5 years | 106,667 | 128,000
| Later than 5 years | - | 13,334
|  | 138,667 | 173,334
Page 12