Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-04-01falseNo description of principal activity33truetrue 05609337 2021-04-01 2022-03-31 05609337 2020-04-01 2021-03-31 05609337 2022-03-31 05609337 2021-03-31 05609337 c:Director1 2021-04-01 2022-03-31 05609337 d:PlantMachinery 2021-04-01 2022-03-31 05609337 d:PlantMachinery 2022-03-31 05609337 d:PlantMachinery 2021-03-31 05609337 d:PlantMachinery d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 05609337 d:MotorVehicles 2021-04-01 2022-03-31 05609337 d:MotorVehicles 2022-03-31 05609337 d:MotorVehicles 2021-03-31 05609337 d:MotorVehicles d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 05609337 d:OfficeEquipment 2021-04-01 2022-03-31 05609337 d:OfficeEquipment 2022-03-31 05609337 d:OfficeEquipment 2021-03-31 05609337 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 05609337 d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 05609337 d:CurrentFinancialInstruments 2022-03-31 05609337 d:CurrentFinancialInstruments 2021-03-31 05609337 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 05609337 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 05609337 d:ShareCapital 2022-03-31 05609337 d:ShareCapital 2021-03-31 05609337 d:RetainedEarningsAccumulatedLosses 2022-03-31 05609337 d:RetainedEarningsAccumulatedLosses 2021-03-31 05609337 c:FRS102 2021-04-01 2022-03-31 05609337 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 05609337 c:FullAccounts 2021-04-01 2022-03-31 05609337 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 05609337 d:AcceleratedTaxDepreciationDeferredTax 2022-03-31 05609337 d:AcceleratedTaxDepreciationDeferredTax 2021-03-31 iso4217:GBP xbrli:pure

Registered number: 05609337










SANSOM INSTALLATIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2022

 
SANSOM INSTALLATIONS LIMITED
REGISTERED NUMBER: 05609337

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,786
15,713

  
11,786
15,713

Current assets
  

Stocks
 5 
7,541
8,477

Debtors: amounts falling due within one year
 6 
77,701
85,319

Cash at bank and in hand
 7 
83,918
80,187

  
169,160
173,983

Creditors: amounts falling due within one year
 8 
(43,641)
(40,505)

Net current assets
  
 
 
125,519
 
 
133,478

Total assets less current liabilities
  
137,305
149,191

Provisions for liabilities
  

Deferred tax
 9 
(1,821)
(2,487)

  
 
 
(1,821)
 
 
(2,487)

Net assets
  
135,484
146,704

Page 1

 
SANSOM INSTALLATIONS LIMITED
REGISTERED NUMBER: 05609337
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
135,284
146,504

  
135,484
146,704


The director considers 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 director acknowledges his 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 by: 






P Deedman
Director

Date: 26 July 2022

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SANSOM INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

Sansom Installations Limited is a limited liability Company incorporated in England and Wales. The
address of its registered office and principal place of business is Unit 8, Bentley Industrial Centre, Bentley, Farnham, Surrey, GU10 5NJ.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
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.

 
2.3

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 income and retained earnings in the same period as the related expenditure.

 
2.4

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.

Page 3

 
SANSOM INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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 & machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Office equipment
-
25% reducing balance

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.

 
2.5

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 reporting 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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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 4

 
SANSOM INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.10

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 reporting 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 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.

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 reporting date.

 
2.11

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Statement of financial position date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.

 
2.12

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 3 (2021 - 3).

Page 5

 
SANSOM INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 April 2021
12,984
28,995
5,280
47,259



At 31 March 2022

12,984
28,995
5,280
47,259



Depreciation


At 1 April 2021
6,135
20,329
5,082
31,546


Charge for the year on owned assets
1,712
2,166
49
3,927



At 31 March 2022

7,847
22,495
5,131
35,473



Net book value



At 31 March 2022
5,137
6,500
149
11,786



At 31 March 2021
6,849
8,666
198
15,713


5.


Stocks

2022
2021
£
£

Raw materials and consumables
7,541
8,477


Page 6

 
SANSOM INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

6.


Debtors

2022
2021
£
£


Trade debtors
51,854
71,395

Other debtors
1,059
100

Prepayments and accrued income
24,788
13,824

77,701
85,319



7.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
83,918
80,187



8.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
36,694
17,334

Corporation tax
1,552
4,864

Other taxation and social security
2,064
17,158

Other creditors
227
297

Accruals and deferred income
3,104
852

43,641
40,505


2022
2021
£
£

Other taxation and social security

PAYE/NI control
2,064
1,416

VAT control
-
15,742

2,064
17,158


Page 7

 
SANSOM INSTALLATIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

9.


Deferred taxation




2022


£






At beginning of year
(2,487)


Charged to profit or loss
666



At end of year
(1,821)

The provision for deferred taxation is made up as follows:

2022
2021
£
£


Accelerated capital allowances
(1,821)
(2,487)

(1,821)
(2,487)

 
Page 8