Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30true2022-05-01falseNo description of principal activity2218trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10140916 2022-05-01 2023-04-30 10140916 2021-05-01 2022-04-30 10140916 2023-04-30 10140916 2022-04-30 10140916 c:Director1 2022-05-01 2023-04-30 10140916 d:PlantMachinery 2022-05-01 2023-04-30 10140916 d:PlantMachinery 2023-04-30 10140916 d:PlantMachinery 2022-04-30 10140916 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 10140916 d:MotorVehicles 2022-05-01 2023-04-30 10140916 d:MotorVehicles 2023-04-30 10140916 d:MotorVehicles 2022-04-30 10140916 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 10140916 d:OfficeEquipment 2022-05-01 2023-04-30 10140916 d:OfficeEquipment 2023-04-30 10140916 d:OfficeEquipment 2022-04-30 10140916 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 10140916 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 10140916 d:CurrentFinancialInstruments 2023-04-30 10140916 d:CurrentFinancialInstruments 2022-04-30 10140916 d:Non-currentFinancialInstruments 2023-04-30 10140916 d:Non-currentFinancialInstruments 2022-04-30 10140916 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10140916 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 10140916 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 10140916 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-04-30 10140916 c:FRS102 2022-05-01 2023-04-30 10140916 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 10140916 c:FullAccounts 2022-05-01 2023-04-30 10140916 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 10140916 2 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 10140916









AMBER UTILITIES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
AMBER UTILITIES LIMITED
REGISTERED NUMBER: 10140916

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
£
£


Fixed assets
256,669
206,028

Current assets
399,108
428,360

Creditors: amounts falling due within one year
(158,788)
(211,203)

Net current assets
 
 
240,320
 
 
217,157

Total assets less current liabilities
496,989
423,185

Creditors: amounts falling due after more than one year
(172,171)
(137,825)

Provisions for liabilities

Deferred taxation
(51,387)
(30,391)

 
 
(51,387)
 
 
(30,391)

Net assets
273,431
254,969



Capital and reserves
273,431
254,969


Page 1

 
AMBER UTILITIES LIMITED
REGISTERED NUMBER: 10140916
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 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 comprehensive income 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 23 November 2023.




R W Morley
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

The company, a member’s limited liability company, limited by shares, was incorporated in England and Wales.  The registered office of the company is Top Floor, 22 Regent Street, Rugby, Warwickshire, England, CV21 2PY .  The company registration number is 10140916.

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 recognition

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods

Turnover 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 turnover 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

Turnover 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 turnover 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.

Page 3

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss 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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.9

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as shown in the table below:-.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
Reducing balance
Motor vehicles
-
20%
Reducing balance
Office equipment
-
20%
Straight line

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 profit or loss.

Page 5

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

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.

 
2.12

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.

 
2.13

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.

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.15

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 22 (2022 - 18).

Page 6

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2022
107,873
189,052
20,848
317,773


Additions
27,810
160,097
3,051
190,958


Disposals
(8,450)
(88,188)
(5,438)
(102,076)



At 30 April 2023

127,233
260,961
18,461
406,655



Depreciation


At 1 May 2022
46,387
54,170
11,188
111,745


Charge for the year on owned assets
18,086
43,906
3,471
65,463


Disposals
(3,042)
(19,281)
(4,899)
(27,222)



At 30 April 2023

61,431
78,795
9,760
149,986



Net book value



At 30 April 2023
65,802
182,166
8,701
256,669



At 30 April 2022
61,486
134,882
9,660
206,028

Page 7

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Stocks

2023
2022
£
£

Raw materials and consumables
1,606
1,005

Work in progress (goods to be sold)
27,180
11,070

28,786
12,075



6.


Debtors

2023
2022
£
£


Trade debtors
156,105
162,024

Other debtors
-
397

Prepayments and accrued income
4,974
4,643

161,079
167,064



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
209,243
249,220

209,243
249,220


Page 8

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
4,800
7,906

Trade creditors
14,556
41,009

Corporation tax
31,860
33,940

Other taxation and social security
49,045
52,021

Obligations under finance lease and hire purchase contracts
46,130
32,340

Other creditors
8,547
37,487

Accruals and deferred income
3,850
6,500

158,788
211,203



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
33,863
38,791

Net obligations under finance leases and hire purchase contracts
138,308
99,034

172,171
137,825


Page 9

 
AMBER UTILITIES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
4,800
7,906


4,800
7,906

Amounts falling due 1-2 years

Bank loans
33,863
38,791


33,863
38,791



38,663
46,697


 
Page 10