Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-3172021-01-01falseNo description of principal activity8falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09901609 2021-01-01 2021-12-31 09901609 2020-01-01 2020-12-31 09901609 2021-12-31 09901609 2020-12-31 09901609 c:Director1 2021-01-01 2021-12-31 09901609 c:Director2 2021-01-01 2021-12-31 09901609 d:PlantMachinery 2021-01-01 2021-12-31 09901609 d:PlantMachinery 2021-12-31 09901609 d:PlantMachinery 2020-12-31 09901609 d:PlantMachinery d:OwnedOrFreeholdAssets 2021-01-01 2021-12-31 09901609 d:MotorVehicles 2021-01-01 2021-12-31 09901609 d:MotorVehicles 2021-12-31 09901609 d:MotorVehicles 2020-12-31 09901609 d:MotorVehicles d:OwnedOrFreeholdAssets 2021-01-01 2021-12-31 09901609 d:FurnitureFittings 2021-01-01 2021-12-31 09901609 d:FurnitureFittings 2021-12-31 09901609 d:FurnitureFittings 2020-12-31 09901609 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-01-01 2021-12-31 09901609 d:OwnedOrFreeholdAssets 2021-01-01 2021-12-31 09901609 d:CurrentFinancialInstruments 2021-12-31 09901609 d:CurrentFinancialInstruments 2020-12-31 09901609 d:Non-currentFinancialInstruments 2021-12-31 09901609 d:Non-currentFinancialInstruments 2020-12-31 09901609 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 09901609 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 09901609 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 09901609 d:Non-currentFinancialInstruments d:AfterOneYear 2020-12-31 09901609 d:ShareCapital 2021-12-31 09901609 d:ShareCapital 2020-12-31 09901609 d:RetainedEarningsAccumulatedLosses 2021-12-31 09901609 d:RetainedEarningsAccumulatedLosses 2020-12-31 09901609 c:FRS102 2021-01-01 2021-12-31 09901609 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 09901609 c:FullAccounts 2021-01-01 2021-12-31 09901609 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 09901609









A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
REGISTERED NUMBER: 09901609

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2020
Note
£
£

Fixed assets
  

Tangible assets
 4 
53,644
44,385

  
53,644
44,385

Current assets
  

Debtors: amounts falling due within one year
 5 
31,216
31,908

Cash at bank and in hand
  
60,056
-

  
91,272
31,908

Creditors: amounts falling due within one year
 6 
(70,014)
(72,138)

Net current assets/(liabilities)
  
 
 
21,258
 
 
(40,230)

Total assets less current liabilities
  
74,902
4,155

Creditors: amounts falling due after more than one year
 7 
(40,833)
-

Provisions for liabilities
  

Deferred tax
  
(10,193)
(8,434)

  
 
 
(10,193)
 
 
(8,434)

Net assets/(liabilities)
  
23,876
(4,279)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
23,776
(4,379)

  
23,876
(4,279)


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.

Page 1

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
REGISTERED NUMBER: 09901609
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 August 2022.





A J M Steven
M J M Steven
Director
Director

Page 2

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

The company is a private company limited by shares. It is incorporated and domiciled in England and Wales. The registered office address is 7 The Close, Norwich, NR1 4DJ.
The company's principal activity is the provision of transport and gardening services. Its principal place of business is Norwich, Norfolk.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors consider the projected income and the current cash reserves are adequate enough to ensure the Company can meet its financial obligations as they fall due for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements. The financial statements have therefore been prepared on a going concern basis.

 
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:

 
2.4

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 Profit and loss account in the same period as the related expenditure.

 
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.

Page 3

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
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

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 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.

 
2.9

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

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

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 and straight line basis.

Depreciation is provided on the following basis:

Plant and machinery
-
10%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
25%
straight line

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

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.

 
2.11

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.

 
2.12

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.

 
2.13

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 balance sheet 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 Balance sheet.

Page 5

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

2.Accounting policies (continued)

 
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 and loans to 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 present value of the future cash flows 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 in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2020 - 8).

Page 6

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 January 2021
14,476
83,545
2,747
100,768


Additions
217
28,700
365
29,282


Disposals
-
(30,000)
-
(30,000)



At 31 December 2021

14,693
82,245
3,112
100,050



Depreciation


At 1 January 2021
3,751
50,865
1,768
56,384


Charge for the year on owned assets
1,094
7,277
702
9,073


Disposals
-
(19,051)
-
(19,051)



At 31 December 2021

4,845
39,091
2,470
46,406



Net book value



At 31 December 2021
9,848
43,154
642
53,644



At 31 December 2020
10,726
32,680
979
44,385


5.


Debtors

2021
2020
£
£


Trade debtors
25,943
22,607

Other debtors
3,243
6,832

Prepayments and accrued income
2,030
2,194

Tax recoverable
-
275

31,216
31,908


Page 7

 
A STEVEN TRANSPORT & CITY GARDEN SERVICE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Bank overdrafts
-
13,013

Bank loans
9,167
-

Trade creditors
6,243
6,837

Other taxation and social security
17,126
6,558

Other creditors
37,478
45,730

70,014
72,138


The bank overdraft is secured by a debenture.


7.


Creditors: Amounts falling due after more than one year

2021
2020
£
£

Bank loans
40,833
-

40,833
-



8.


Related party transactions

As at 31 December 2021 the directors were owed £32,997 (2020: £42,705) by the company.
The company rented premises from a director during the year for
 £9,600.

 
Page 8