Company Registration No. 07362961 (England and Wales)
CONSTRUCTION ACCESS SYSTEMS LIMITED
Unaudited accounts
for the year ended 31 March 2023
CONSTRUCTION ACCESS SYSTEMS LIMITED
Unaudited accounts
Contents
CONSTRUCTION ACCESS SYSTEMS LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr. T F G Faulkner
Mr.P R Perry
Mr. D Ellis
Company Number
07362961 (England and Wales)
Registered Office
5 ORION COURT, AMBUSCADE ROAD
COLMWORTH BUSINESS PARK, EATON SOCON
ST NEOTS
CAMBRIDGESHIRE
PE19 8YX
UNITED KINGDOM
Accountants
Fresh Accounting & Legal Limited
7, Bell Yard
London
WC2A 2JR
CONSTRUCTION ACCESS SYSTEMS LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
522,977
693,781
Cash at bank and in hand
352,856
317,701
Creditors: amounts falling due within one year
(94,542)
(967,608)
Net current assets
345,321
217,717
Total assets less current liabilities
868,298
915,498
Provisions for liabilities
Deferred tax
(99,367)
(131,819)
Net assets
768,931
783,679
Called up share capital
1,200
1,200
Profit and loss account
767,731
782,479
Shareholders' funds
768,931
783,679
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2023 and were signed on its behalf by
Mr. T F G Faulkner
Director
Company Registration No. 07362961
CONSTRUCTION ACCESS SYSTEMS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
CONSTRUCTION ACCESS SYSTEMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07362961. The registered office is 5 ORION COURT, AMBUSCADE ROAD , COLMWORTH BUSINESS PARK, EATON SOCON, ST NEOTS, CAMBRIDGESHIRE, PE19 8YX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost and 12.5% on cost
Motor vehicles
33% on cost
Computer equipment
33% on cost
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
CONSTRUCTION ACCESS SYSTEMS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
1,281,268
79,732
2,435
1,363,435
At 31 March 2023
1,281,268
79,732
2,435
1,363,435
At 1 April 2022
616,146
53,212
296
669,654
Charge for the year
160,159
9,833
812
170,804
At 31 March 2023
776,305
63,045
1,108
840,458
At 31 March 2023
504,963
16,687
1,327
522,977
At 31 March 2022
665,122
26,520
2,139
693,781
Amounts falling due within one year
Amounts due from group undertakings etc.
-
27,500
Accrued income and prepayments
39,880
276,295
Other debtors
35,137
11,510
CONSTRUCTION ACCESS SYSTEMS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
2,947
Trade creditors
42,137
312,527
Taxes and social security
44,114
54,682
Loans from directors
3,672
78,597
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).