Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-312022-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08870580 2022-02-01 2023-01-31 08870580 2021-02-01 2022-01-31 08870580 2023-01-31 08870580 2022-01-31 08870580 c:Director2 2022-02-01 2023-01-31 08870580 d:PlantMachinery 2022-02-01 2023-01-31 08870580 d:PlantMachinery 2023-01-31 08870580 d:PlantMachinery 2022-01-31 08870580 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 08870580 d:MotorVehicles 2022-02-01 2023-01-31 08870580 d:MotorVehicles 2023-01-31 08870580 d:MotorVehicles 2022-01-31 08870580 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 08870580 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 08870580 d:CurrentFinancialInstruments 2023-01-31 08870580 d:CurrentFinancialInstruments 2022-01-31 08870580 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08870580 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 08870580 d:ShareCapital 2023-01-31 08870580 d:ShareCapital 2022-01-31 08870580 d:RetainedEarningsAccumulatedLosses 2023-01-31 08870580 d:RetainedEarningsAccumulatedLosses 2022-01-31 08870580 c:FRS102 2022-02-01 2023-01-31 08870580 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 08870580 c:FullAccounts 2022-02-01 2023-01-31 08870580 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Registered number: 08870580










SPROWSTON SERVICE CENTRE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
SPROWSTON SERVICE CENTRE LIMITED
REGISTERED NUMBER: 08870580

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,380
2,691

  
2,380
2,691

Current assets
  

Debtors: amounts falling due within one year
 5 
3,398
1,476

Cash at bank and in hand
  
25,860
22,149

  
29,258
23,625

Creditors: amounts falling due within one year
 6 
(15,635)
(11,690)

Net current assets
  
 
 
13,623
 
 
11,935

Total assets less current liabilities
  
16,003
14,626

  

Net assets
  
16,003
14,626


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
16,001
14,624

  
16,003
14,626


Page 1

 
SPROWSTON SERVICE CENTRE LIMITED
REGISTERED NUMBER: 08870580
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2023

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 income statement 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: 




................................................
Mr S Smith
Director

Date: 25 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SPROWSTON SERVICE CENTRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

Sprowston Service Centre Limited is a private company limited by shares and incorporated in England and Wales, registration number 08870580. The registered office is 171 North Walsham Road, Norwich, Norfolk, NR6 7QN.
 
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

Page 3

 
SPROWSTON SERVICE CENTRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.3

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance method.

Depreciation is provided on the following basis:

Plant & machinery
-
25% straight line
Motor vehicles
-
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.

 
2.4

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.

 
2.5

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.

 
2.6

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.

  
2.7

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.

Page 4

 
SPROWSTON SERVICE CENTRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
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 reporting date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 February 2022
4,629
6,650
11,279


Additions
666
-
666



At 31 January 2023

5,295
6,650
11,945



Depreciation


At 1 February 2022
4,117
4,471
8,588


Charge for the year on owned assets
541
436
977



At 31 January 2023

4,658
4,907
9,565



Net book value



At 31 January 2023
637
1,743
2,380



At 31 January 2022
512
2,179
2,691

Page 5

 
SPROWSTON SERVICE CENTRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
313
266

Other debtors
3,085
1,210

3,398
1,476



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
6,566
5,864

Corporation tax
6,649
4,016

Other taxation and social security
2,420
1,810

15,635
11,690


Net obligations under hire purchase contracts are secured upon the assets to which they relate.

 
Page 6