02802240falseINDUSTRIAL DRILLING SERVICES2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-05-31http://www.companieshouse.gov.uk/cd:Director12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-05-31http://www.companieshouse.gov.uk/2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/cd:FRS1022022-06-012023-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:LandBuildings2022-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02802240

ACCESS DRILLING SERVICES LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/05/2023

Prepared By:
WALLER UK LIMITED
ACCOUNTANTS
28A CALLE CAMELIA
URB. CORTIJO DE TORREQUEBRADA
29630 BENALMADENA COSTA
MALAGA SPAIN

ACCESS DRILLING SERVICES LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
DIRECTORS
PO BANCROFT
SECRETARY
REGISTERED OFFICE
UNIT 6 MARSH LANE INDUSTRIAL ESTATE
MARSH LANE
NEW MILLS
HIGH PEAK
SK22 4PP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02802240
ACCOUNTANTS
WALLER UK LIMITED
ACCOUNTANTS
28A CALLE CAMELIA
URB. CORTIJO DE TORREQUEBRADA
29630 BENALMADENA COSTA
MALAGA SPAIN

ACCESS DRILLING SERVICES LIMITED

ACCOUNTS
FOR THEYEARENDED31/05/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

ACCESS DRILLING SERVICES LIMITED

BALANCE SHEET AT 31/05/2023
20232022
Notes££
FIXED ASSETS
Intangible assets3100,000100,000
Tangible assets4243,381272,790
343,381372,790
CURRENT ASSETS
Debtors5102,47788,629
Cash at bank and in hand33,34241,106
135,819129,735
CREDITORS: Amounts falling due within one year689,383100,114
NET CURRENT ASSETS46,43629,621
TOTAL ASSETS LESS CURRENT LIABILITIES389,817402,411
CREDITORS: Amounts falling due after more than one year796,086114,203
NET ASSETS293,731288,208
CAPITAL AND RESERVES
Called up share capital844
Profit and loss account293,727288,204
SHAREHOLDERS' FUNDS293,731288,208
For the year ending 31/05/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18/10/2023 and signed on their behalf by
.............................
PO BANCROFT
Director

ACCESS DRILLING SERVICES LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 20%
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20232022
No.No.
Average number of employees65

ACCESS DRILLING SERVICES LIMITED

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
Additions100,000100,000
At 31/05/2023100,000100,000
Depreciation
At 31/05/2023--
Net Book Amounts
At 31/05/2023100,000100,000
4. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/06/2022165,573365,247312,14241,794884,756
Additions---320320
At 31/05/2023165,573365,247312,14242,114885,076
Depreciation
At 01/06/2022-348,216230,33533,415611,966
For the year-4,81523,1701,74429,729
At 31/05/2023-353,031253,50535,159641,695
Net Book Amounts
At 31/05/2023165,57312,21658,6376,955243,381
At 31/05/2022165,57317,03181,8078,379272,790
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors102,47785,956
UK corporation tax-2,673
102,47788,629

ACCESS DRILLING SERVICES LIMITED

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax2,269-
Bank Loan10,00010,000
Hire purchase23,83136,381
Trade creditors30,78928,847
Other creditors8,89411,116
Accruals13,60013,770
89,383100,114
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (secured) >1yr86,162104,089
Hire purchase >1yr9,92410,114
96,086114,203
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
44