Caseware UK (AP4) 2022.0.179 2022.0.179 false2022-04-01Construction company11falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13740008 2022-04-01 2023-03-31 13740008 2021-11-12 2022-03-31 13740008 2023-03-31 13740008 2022-03-31 13740008 c:Director1 2022-04-01 2023-03-31 13740008 c:RegisteredOffice 2022-04-01 2023-03-31 13740008 d:CurrentFinancialInstruments 2023-03-31 13740008 d:CurrentFinancialInstruments 2022-03-31 13740008 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13740008 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13740008 d:ShareCapital 2023-03-31 13740008 d:ShareCapital 2022-03-31 13740008 d:RetainedEarningsAccumulatedLosses 2023-03-31 13740008 d:RetainedEarningsAccumulatedLosses 2022-03-31 13740008 c:OrdinaryShareClass1 2022-04-01 2023-03-31 13740008 c:OrdinaryShareClass1 2023-03-31 13740008 c:OrdinaryShareClass1 2022-03-31 13740008 c:FRS102 2022-04-01 2023-03-31 13740008 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13740008 c:FullAccounts 2022-04-01 2023-03-31 13740008 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 13740008 2 2022-04-01 2023-03-31 13740008 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13740008










Halsion MEP Limited








Unaudited

Director's report and financial statements

For the year ended 31 March 2023

 
Halsion MEP Limited
 

Company Information


Director
Ms Kelly Shirley 




Registered number
13740008



Registered office
37 St Margaret's Street

Canterbury

Kent

CT1 2TU





 
Halsion MEP Limited
 

Contents



Page
Director's report
 
1
Statement of comprehensive income
 
2
Balance sheet
 
3
Notes to the financial statements
 
4 - 6


 
Halsion MEP Limited
 

 
Director's report
For the year ended 31 March 2023

The director presents her report and the financial statements for the year ended 31 March 2023.

Director's responsibilities statement

The director is responsible for preparing the Director's report and the financial statements in accordance with applicable law and regulations.
 
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

 In preparing these financial statements, the director is required to:


select suitable accounting policies for the Company's financial statements and then apply them consistently;

make judgments and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable her to ensure that the financial statements comply with the Companies Act 2006She is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Director

The director who served during the year was:

Ms Kelly Shirley 

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.
 





Ms Kelly Shirley
Director

Date: 26 October 2023

Page 1

 
Halsion MEP Limited
 

Statement of comprehensive income
For the year ended 31 March 2023

2023
2022
£
£

  

Turnover
  
-
65,500

Cost of sales
  
-
(57,456)

Gross profit
  
-
8,044

Administrative expenses
  
(3,503)
(5,448)

Operating (loss)/profit
  
(3,503)
2,596

Interest receivable and similar income
  
20
-

(Loss)/profit before tax
  
(3,483)
2,596

Tax on (loss)/profit
  
-
(493)

(Loss)/profit for the financial year
  
(3,483)
2,103

There was no other comprehensive income for 2023 (2022:£NIL).

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
Halsion MEP Limited
Registered number: 13740008

Balance sheet
As at 31 March 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
9,958
5,152

Cash at bank and in hand
 5 
463
544

  
10,421
5,696

Creditors: amounts falling due within one year
 6 
(11,700)
(3,493)

Net current (liabilities)/assets
  
 
 
(1,279)
 
 
2,203

Total assets less current liabilities
  
(1,279)
2,203

  

Net (liabilities)/assets
  
(1,279)
2,203


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(1,379)
2,103

  
(1,279)
2,203


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 her 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 were approved and authorised for issue by the board and were signed on its behalf by: 




Ms Kelly Shirley
Director

Date: 26 October 2023

The notes on pages 4 to 6 form part of these financial statements.

Page 3

 
Halsion MEP Limited
 

 
Notes to the financial statements
For the year ended 31 March 2023

1.


General information

Halsion MEP Limited is a limited company incorporated on 12 November 2021 and domiciled in the United Kingdom. 
The address of its registered office and principal place of business are disclosed on the company information page. The company provides electrical and mechanical contractor services.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

Interest income

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

 
2.4

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 balance sheet date in the countries where the Company operates and generates income.

Page 4

 
Halsion MEP Limited
 

 
Notes to the financial statements
For the year ended 31 March 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.


3.


Employees

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


4.


Debtors

2023
2022
£
£


Other debtors
5,943
5,152

Prepayments and accrued income
4,015
-

9,958
5,152



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
463
544

463
544


Page 5

 
Halsion MEP Limited
 

 
Notes to the financial statements
For the year ended 31 March 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
493

Other creditors
11,700
3,000

11,700
3,493



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares shares of £1.00 each
100
100


Page 6