Registered number: 02802240 | ||||||||
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 | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
HIGH PEAK | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
135,819 | 129,735 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 29,621 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 96,086 | 114,203 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 293,727 | 288,204 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 20% |
1c. Goodwill | ||||||||
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 5 | |||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
Additions | 100,000 | 100,000 | ||
At 31/05/2023 | 100,000 | 100,000 | ||
Depreciation | ||||
At 31/05/2023 | - | - | ||
Net Book Amounts | ||||
At 31/05/2023 | ||||
4. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | Commercial | Fixtures | |||||||
Buildings | Machinery | Vehicles | and Fittings | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/06/2022 | 165,573 | 365,247 | 312,142 | 41,794 | 884,756 | |||||
Additions | - | - | - | 320 | 320 | |||||
At 31/05/2023 | 165,573 | 365,247 | 312,142 | 42,114 | 885,076 | |||||
Depreciation | ||||||||||
At 01/06/2022 | - | 348,216 | 230,335 | 33,415 | 611,966 | |||||
For the year | - | 4,815 | 23,170 | 1,744 | 29,729 | |||||
At 31/05/2023 | - | 353,031 | 253,505 | 35,159 | 641,695 | |||||
Net Book Amounts | ||||||||||
At 31/05/2023 | 243,381 | |||||||||
At 31/05/2022 | 272,790 | |||||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 102,477 | 85,956 | ||||||
UK corporation tax | - | 2,673 | ||||||
102,477 | 88,629 | |||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 2,269 | - | ||||||
Bank Loan | 10,000 | 10,000 | ||||||
Hire purchase | 23,831 | 36,381 | ||||||
Trade creditors | 30,789 | 28,847 | ||||||
Other creditors | 8,894 | 11,116 | ||||||
Accruals | 13,600 | 13,770 | ||||||
89,383 | 100,114 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 86,162 | 104,089 | ||||||
Hire purchase >1yr | 9,924 | 10,114 | ||||||
96,086 | 114,203 | |||||||
8. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||