Caseware UK (AP4) 2021.0.152 2021.0.152 2023-03-312023-03-312022-04-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10403647 2022-04-01 2023-03-31 10403647 2021-04-01 2022-03-31 10403647 2023-03-31 10403647 2022-03-31 10403647 c:Director2 2022-04-01 2023-03-31 10403647 d:Buildings 2022-04-01 2023-03-31 10403647 d:Buildings 2023-03-31 10403647 d:Buildings 2022-03-31 10403647 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10403647 d:CurrentFinancialInstruments 2023-03-31 10403647 d:CurrentFinancialInstruments 2022-03-31 10403647 d:Non-currentFinancialInstruments 2023-03-31 10403647 d:Non-currentFinancialInstruments 2022-03-31 10403647 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10403647 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10403647 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 10403647 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 10403647 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 10403647 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 10403647 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 10403647 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-03-31 10403647 c:FRS102 2022-04-01 2023-03-31 10403647 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10403647 c:FullAccounts 2022-04-01 2023-03-31 10403647 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10403647









HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED
REGISTERED NUMBER: 10403647

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Fixed assets
  

Tangible assets
 4 
491,214
466,397

  
491,214
466,397

Current assets
  

Cash at bank and in hand
 5 
6,789
40,599

  
6,789
40,599

Creditors: amounts falling due within one year
 6 
(19,564)
(25,941)

Net current (liabilities)/assets
  
 
 
(12,775)
 
 
14,658

Total assets less current liabilities
  
478,439
481,055

  

Creditors: amounts falling due after more than one year
 7 
(448,613)
(457,371)

  
29,826
23,684

  

  

Net assets excluding pension asset
  
29,826
23,684

Net assets
  
29,826
23,684


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
29,824
23,682

  
29,826
23,684


Page 1

 
HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED
REGISTERED NUMBER: 10403647
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider 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 directors acknowledge their 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 income and retained earnings 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 on 7 November 2023.




P A Hill
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Hillside Delivery Service Holdings Limited is a private company limited by shares and incorporated in England.  It's registered office is Hilltec Yard, Spinnaker Road, Hempsted, Gloucester, Gloucestershire, GL2 5FD.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Finance costs

Finance costs are charged to the Statement of income and retained earnings 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.

Page 3

 
HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Borrowing costs

All borrowing costs are recognised in the Statement of income and retained earnings in the year in which they are incurred.

 
2.5

Taxation

Tax is recognised in the Statement of income and retained earnings, 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 balance sheet date in the countries where the Company operates and generates income.

 
2.6

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.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Freehold property
-
20
Years

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 the Statement of income and retained earnings.

 
2.7

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.

 
2.8

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.

Page 4

 
HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 April 2022
471,812


Additions
26,242



At 31 March 2023

498,054



Depreciation


At 1 April 2022
5,415


Charge for the year on owned assets
1,425



At 31 March 2023

6,840



Net book value



At 31 March 2023
491,214



At 31 March 2022
466,397

Page 5

 
HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
6,789
40,599

6,789
40,599



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
14,877
15,796

Trade creditors
-
5,805

Other taxation and social security
3,925
3,615

Accruals and deferred income
762
725

19,564
25,941



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
152,670
166,628

Amounts owed to group undertakings
295,943
290,743

448,613
457,371


Page 6

 
HILLSIDE DELIVERY SERVICE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
14,877
15,796


14,877
15,796

Amounts falling due 1-2 years

Bank loans
14,877
15,798


14,877
15,798

Amounts falling due 2-5 years

Bank loans
44,630
47,392


44,630
47,392

Amounts falling due after more than 5 years

Bank loans
93,163
103,438

93,163
103,438

167,547
182,424


 
Page 7