IRIS Accounts Production v23.3.1.45 06200835 director 1.5.22 30.4.23 30.4.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062008352022-04-30062008352023-04-30062008352022-05-012023-04-30062008352021-04-30062008352021-05-012022-04-30062008352022-04-3006200835ns10:Originalns15:EnglandWales2022-05-012023-04-3006200835ns14:PoundSterlingns10:Original2022-05-012023-04-3006200835ns10:Originalns10:Director12022-05-012023-04-3006200835ns10:Original2022-05-012023-04-3006200835ns10:Original2023-04-3006200835ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3006200835ns10:Originalns10:SmallEntities2022-05-012023-04-3006200835ns10:Originalns10:AuditExemptWithAccountantsReport2022-05-012023-04-3006200835ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3006200835ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3006200835ns10:Originalns10:FullAccounts2022-05-012023-04-3006200835ns10:CompanySecretary1ns10:Original2022-05-012023-04-3006200835ns10:Originalns10:RegisteredOffice2022-05-012023-04-3006200835ns10:Original2022-04-3006200835ns10:Originalns5:CurrentFinancialInstruments2023-04-3006200835ns10:Originalns5:CurrentFinancialInstruments2022-04-3006200835ns10:Originalns5:Non-currentFinancialInstruments2023-04-3006200835ns10:Originalns5:Non-currentFinancialInstruments2022-04-3006200835ns5:ShareCapitalns10:Original2023-04-3006200835ns5:ShareCapitalns10:Original2022-04-3006200835ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3006200835ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3006200835ns10:Originalns5:PlantMachinery2022-05-012023-04-3006200835ns10:Originalns5:FurnitureFittings2022-05-012023-04-3006200835ns10:Originalns5:MotorVehicles2022-05-012023-04-3006200835ns10:Originalns5:ComputerEquipment2022-05-012023-04-3006200835ns10:Original2021-05-012022-04-3006200835ns10:Originalns5:PlantMachinery2022-04-3006200835ns10:Originalns5:FurnitureFittings2022-04-3006200835ns10:Originalns5:MotorVehicles2022-04-3006200835ns10:Originalns5:ComputerEquipment2022-04-3006200835ns10:Original2022-04-3006200835ns10:Originalns5:PlantMachinery2023-04-3006200835ns10:Originalns5:FurnitureFittings2023-04-3006200835ns10:Originalns5:MotorVehicles2023-04-3006200835ns10:Originalns5:ComputerEquipment2023-04-3006200835ns10:Originalns5:PlantMachinery2022-04-3006200835ns10:Originalns5:FurnitureFittings2022-04-3006200835ns10:Originalns5:MotorVehicles2022-04-3006200835ns10:Originalns5:ComputerEquipment2022-04-3006200835ns10:Originalns5:CostValuation2022-04-3006200835ns10:Originalns5:AdditionsToInvestments2023-04-3006200835ns10:Originalns5:CostValuation2023-04-3006200835ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3006200835ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-04-3006200835ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-04-3006200835ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-04-3006200835ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3006200835ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-04-30
REGISTERED NUMBER: 06200835 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Asphalt Recycling UK Limited

Asphalt Recycling UK Limited (Registered number: 06200835)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Asphalt Recycling UK Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: M T Gibbs





SECRETARY: S Turner





REGISTERED OFFICE: 29 Devizes Road
Swindon
Wiltshire
SN1 4BG





REGISTERED NUMBER: 06200835 (England and Wales)





ACCOUNTANTS: PPS Chartered Accountants
29 Devizes Road
Swindon
Wiltshire
SN1 4BG

Asphalt Recycling UK Limited (Registered number: 06200835)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,636 31,677
Investments 5 280,666 141,836
302,302 173,513

CURRENT ASSETS
Debtors 6 87,818 433,119
Cash at bank and in hand 27,439 124,303
115,257 557,422
CREDITORS
Amounts falling due within one year 7 115,097 197,768
NET CURRENT ASSETS 160 359,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

302,462

533,167

CREDITORS
Amounts falling due after more than one
year

8

(42,930

)

(61,667

)

PROVISIONS FOR LIABILITIES (5,409 ) (7,919 )
NET ASSETS 254,123 463,581

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 253,123 462,581
SHAREHOLDERS' FUNDS 254,123 463,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Asphalt Recycling UK Limited (Registered number: 06200835)

Balance Sheet - continued
30 April 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





M T Gibbs - Director


Asphalt Recycling UK Limited (Registered number: 06200835)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Asphalt Recycling UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, rebates and value added tax.
Revenue from the sales of goods is recognised when the significant risks and rewards of ownership have passed to the buyer, usually on despatch of the goods.
Revenue from a contract to provide services is recognised by reference to the stage of completion of the contract

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Asphalt Recycling UK Limited (Registered number: 06200835)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2022
and 30 April 2023 95,125 17,077 55,157 8,815 176,174
DEPRECIATION
At 1 May 2022 64,839 17,077 55,157 7,424 144,497
Charge for year 9,393 - - 648 10,041
At 30 April 2023 74,232 17,077 55,157 8,072 154,538
NET BOOK VALUE
At 30 April 2023 20,893 - - 743 21,636
At 30 April 2022 30,286 - - 1,391 31,677

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2022 141,836
Additions 138,830
At 30 April 2023 280,666
NET BOOK VALUE
At 30 April 2023 280,666
At 30 April 2022 141,836

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 56,389 117,382
Other debtors 24,043 296,086
Social security and other taxes 2,798 9,059
Prepayments and accrued income 4,588 10,592
87,818 433,119

Asphalt Recycling UK Limited (Registered number: 06200835)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 18,775 20,000
Hire purchase contracts - 1,224
Trade creditors 28,883 126,808
Tax 23,654 29,742
Social security and other taxes - 1,931
Other creditors 2,694 6,106
Directors' loan accounts 38,058 9,337
Accrued expenses 3,033 2,620
115,097 197,768

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans - 1-2 years 19,937 20,000
Bank loans - 2-5 years 22,993 41,667
42,930 61,667

9. ULTIMATE CONTROLLING PARTY

The controlling party is the Director.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Asphalt Recycling UK Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Asphalt Recycling UK Limited for the year ended 30 April 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Asphalt Recycling UK Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Asphalt Recycling UK Limited and state those matters that we have agreed to state to the director of Asphalt Recycling UK Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Asphalt Recycling UK Limited and its director for our work or for this report.

It is your duty to ensure that Asphalt Recycling UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Asphalt Recycling UK Limited. You consider that Asphalt Recycling UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Asphalt Recycling UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






PPS Chartered Accountants
29 Devizes Road
Swindon
Wiltshire
SN1 4BG


20 November 2023