Registration number:
Compressed Air Plant Services (UK) Limited
for the Year Ended 31 August 2023
Compressed Air Plant Services (UK) Limited
(Registration number: 05658515)
Balance Sheet as at 31 August 2023
Note |
2023 |
2022 |
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Current assets |
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Debtors |
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Capital and reserves |
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Called up share capital |
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Shareholders' funds |
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For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Compressed Air Plant Services (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in Sterling which is the functional currency of the company.
Going concern
The financial statements have been prepared on a going concern basis.
Tangible assets
Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Asset class |
Depreciation method and rate |
Plant and machinery |
25% reducing balance |
Compressed Air Plant Services (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Financial instruments
Recognition and measurement
Financial assets are derecognised when either the contractual right to cash flows from the asset are fully settled or they expire, or substantially all of the risks and rewards of the asset are transferred to another party.
Financial liabilities are derecognised when the liability is cancelled, discharged or expires.
Debtors |
Current |
Note |
2023 |
2022 |
Amounts owed by related parties |
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Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
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1,000 |
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1,000 |
Compressed Air Plant Services (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023
Parent and ultimate parent undertaking |
The company's immediate parent is
The ultimate parent is
These financial statements are available upon request from 29 Aston Road, Waterlooville, Portsmouth, PO7 7XJ
The ultimate controlling party is