Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-3122021-04-01No description of principal activityfalse2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10557531 2021-04-01 2022-03-31 10557531 2020-04-01 2021-03-31 10557531 2022-03-31 10557531 2021-03-31 10557531 c:Director1 2021-04-01 2022-03-31 10557531 d:MotorVehicles 2021-04-01 2022-03-31 10557531 d:MotorVehicles 2022-03-31 10557531 d:MotorVehicles 2021-03-31 10557531 d:MotorVehicles d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 10557531 d:FurnitureFittings 2021-04-01 2022-03-31 10557531 d:FurnitureFittings 2022-03-31 10557531 d:FurnitureFittings 2021-03-31 10557531 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 10557531 d:OwnedOrFreeholdAssets 2021-04-01 2022-03-31 10557531 d:CurrentFinancialInstruments 2022-03-31 10557531 d:CurrentFinancialInstruments 2021-03-31 10557531 d:Non-currentFinancialInstruments 2022-03-31 10557531 d:Non-currentFinancialInstruments 2021-03-31 10557531 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10557531 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 10557531 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 10557531 d:Non-currentFinancialInstruments d:AfterOneYear 2021-03-31 10557531 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 10557531 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-03-31 10557531 d:ShareCapital 2022-03-31 10557531 d:ShareCapital 2021-03-31 10557531 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-03-31 10557531 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2021-03-31 10557531 c:FRS102 2021-04-01 2022-03-31 10557531 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 10557531 c:FullAccounts 2021-04-01 2022-03-31 10557531 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 10557531 2 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Registered number: 10557531









RYDER & CHALK BUILDING SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

 
RYDER & CHALK BUILDING SERVICES LIMITED
REGISTERED NUMBER: 10557531

BALANCE SHEET
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,193
9,098

  
7,193
9,098

Current assets
  

Stocks
 5 
1,000
825

Debtors: amounts falling due within one year
 6 
-
31,380

Cash at bank and in hand
 7 
30,383
14,377

  
31,383
46,582

Creditors: amounts falling due within one year
 8 
(38,476)
(25,964)

Net current (liabilities)/assets
  
 
 
(7,093)
 
 
20,618

Total assets less current liabilities
  
100
29,716

Creditors: amounts falling due after more than one year
 9 
-
(29,616)

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
  
100
100

  
100
100


Page 1

 
RYDER & CHALK BUILDING SERVICES LIMITED
REGISTERED NUMBER: 10557531
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2022

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 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 12 August 2022.




................................................
Scott Ryder
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
RYDER & CHALK BUILDING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

The Company is a private company, limited by share capital, incorporated in England. The principal activity of the Company throughout the year was the building of domestic properties.

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.

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

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.

Page 3

 
RYDER & CHALK BUILDING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
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.

 
2.8

Taxation

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.

 
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.

Page 4

 
RYDER & CHALK BUILDING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)


2.9
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:

Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
20%
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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

Page 5

 
RYDER & CHALK BUILDING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.13

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.

 
2.14

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 ordinary shares.

 
2.15

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 2 (2021 - 2).

Page 6

 
RYDER & CHALK BUILDING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 April 2021
21,201
167
21,368


Additions
-
457
457



At 31 March 2022

21,201
624
21,825



Depreciation


At 1 April 2021
12,172
98
12,270


Charge for the year on owned assets
2,257
105
2,362



At 31 March 2022

14,429
203
14,632



Net book value



At 31 March 2022
6,772
421
7,193



At 31 March 2021
9,029
69
9,098


5.


Stocks

2022
2021
£
£

Finished goods and goods for resale
1,000
825

1,000
825



6.


Debtors

2022
2021
£
£


Other debtors
-
30,677

Prepayments and accrued income
-
703

-
31,380


Page 7

 
RYDER & CHALK BUILDING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

7.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
30,383
14,377

Less: bank overdrafts
(988)
(912)

29,395
13,465



8.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank overdrafts
988
912

Trade creditors
33
371

Corporation tax
14,201
2,266

Other taxation and social security
6,947
2,209

Obligations under finance lease and hire purchase contracts
-
1,926

Other creditors
14,351
16,532

Accruals and deferred income
1,956
1,748

38,476
25,964


The following liabilities were secured:

2022
2021
£
£



Bank overdraft
988
912

Hire purchase contracts
-
1,926

988
2,838

Details of security provided:

The bank overdraft is secured.

Page 8

 
RYDER & CHALK BUILDING SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

9.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
-
25,000

Net obligations under finance leases and hire purchase contracts
-
4,616

-
29,616



10.


Loans


Analysis of the maturity of loans is given below:


2022
2021
£
£



Amounts falling due 1-5 years

Bank loans
-
25,000


-
25,000



11.


Financial instruments

2022
2021
£
£

Financial assets


Financial assets measured at fair value through profit or loss
30,383
14,377




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


12.


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 £2,800 (2021 - £400). Contributions totalling £nil (2021 - £nil) were payable to the fund at the balance sheet date and are included in creditors.


13.


Controlling party

There is no overall controlling party.

 
Page 9