Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31112022-01-01falseOther specialised construction activities not elsewhere classifiedtruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09898322 2022-01-01 2022-12-31 09898322 2021-01-01 2021-12-31 09898322 2022-12-31 09898322 2021-12-31 09898322 c:Director1 2022-01-01 2022-12-31 09898322 d:PlantMachinery 2022-01-01 2022-12-31 09898322 d:PlantMachinery 2022-12-31 09898322 d:PlantMachinery 2021-12-31 09898322 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09898322 d:FurnitureFittings 2022-01-01 2022-12-31 09898322 d:FurnitureFittings 2022-12-31 09898322 d:FurnitureFittings 2021-12-31 09898322 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09898322 d:OfficeEquipment 2022-01-01 2022-12-31 09898322 d:OfficeEquipment 2022-12-31 09898322 d:OfficeEquipment 2021-12-31 09898322 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09898322 d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 09898322 d:CurrentFinancialInstruments 2022-12-31 09898322 d:CurrentFinancialInstruments 2021-12-31 09898322 d:Non-currentFinancialInstruments 2022-12-31 09898322 d:Non-currentFinancialInstruments 2021-12-31 09898322 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09898322 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 09898322 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 09898322 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 09898322 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 09898322 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2021-12-31 09898322 d:ShareCapital 2022-12-31 09898322 d:ShareCapital 2021-12-31 09898322 d:RetainedEarningsAccumulatedLosses 2022-12-31 09898322 d:RetainedEarningsAccumulatedLosses 2021-12-31 09898322 c:FRS102 2022-01-01 2022-12-31 09898322 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09898322 c:FullAccounts 2022-01-01 2022-12-31 09898322 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 09898322 d:HirePurchaseContracts d:WithinOneYear 2022-12-31 09898322 d:HirePurchaseContracts d:WithinOneYear 2021-12-31 09898322 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-12-31 09898322 d:HirePurchaseContracts d:BetweenOneFiveYears 2021-12-31 09898322 2 2022-01-01 2022-12-31 09898322 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2022-12-31 09898322 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2021-12-31 09898322 d:LeasedAssetsHeldAsLessee 2022-12-31 09898322 d:LeasedAssetsHeldAsLessee 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 09898322









J K B PLANT SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
J K B PLANT SERVICES LIMITED
REGISTERED NUMBER: 09898322

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
179,572
216,978

  
179,572
216,978

Current assets
  

Debtors: amounts falling due within one year
 5 
26,556
36,541

Cash at bank and in hand
 6 
73,597
45,577

  
100,153
82,118

Creditors: amounts falling due within one year
 7 
(125,333)
(97,523)

Net current liabilities
  
 
 
(25,180)
 
 
(15,405)

Total assets less current liabilities
  
154,392
201,573

Creditors: amounts falling due after more than one year
 8 
(18,634)
(88,880)

  

Net assets
  
135,758
112,693


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
135,658
112,593

  
135,758
112,693


Page 1

 
J K B PLANT SERVICES LIMITED
REGISTERED NUMBER: 09898322
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2022

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 statement of comprehensive income 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: 




J Bailey
Director

Date: 13 November 2023

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
J K B PLANT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

J K B Plant Services Limited is a limited liability company incorporated in England and Wales (Registered number 09898322). The Registered Office is 1 Woodhurst Farm Cottages, Cattlegate Road, Enfield, EN2 8AT.
The financial statements are presented in Sterling, which is the functional currency of the company.

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

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 3

 
J K B PLANT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)


2.3
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:

Plant and machinery
-
20%
Fixtures and fittings
-
20%
Office equipment
-
20%

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

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.

 
2.8

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.

 
2.9

Interest income

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

Page 4

 
J K B PLANT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.10

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 (2021 - 1).


4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2022
438,839
355
2,176
441,370


Additions
18,618
-
1,057
19,675


Disposals
(41,886)
-
-
(41,886)



At 31 December 2022

415,571
355
3,233
419,159



Depreciation


At 1 January 2022
223,289
142
960
224,391


Charge for the year on owned assets
44,396
43
454
44,893


Disposals
(29,697)
-
-
(29,697)



At 31 December 2022

237,988
185
1,414
239,587



Net book value



At 31 December 2022
177,583
170
1,819
179,572



At 31 December 2021
215,550
213
1,216
216,979

Page 5

 
J K B PLANT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

           4.Tangible fixed assets (continued)

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2022
2021
£
£



Plant and machinery
139,925
185,196

139,925
185,196




5.


Debtors

2022
2021
£
£


Trade debtors
25,323
34,908

Prepayments and accrued income
1,233
1,633

26,556
36,541



6.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
73,597
45,577

73,597
45,577


Page 6

 
J K B PLANT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

7.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank loans
-
10,000

Trade creditors
6,885
3,799

Corporation tax
41,330
20,779

Other taxation and social security
18,143
575

Obligations under finance lease and hire purchase contracts
36,614
39,556

Other creditors
3,091
15,264

Accruals and deferred income
19,270
7,550

125,333
97,523



8.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank loans
-
34,167

Net obligations under finance leases and hire purchase contracts
18,634
54,713

18,634
88,880



9.


Loans


Analysis of the maturity of loans is given below:


2022
2021
£
£

Amounts falling due within one year

Bank loans
-
10,000


-
10,000

Amounts falling due 1-2 years

Bank loans
-
34,167



-
44,167


Page 7

 
J K B PLANT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2022
2021
£
£


Within one year
36,614
39,556

Between 1-5 years
18,634
54,713

55,248
94,269

 
Page 8