Caseware UK (AP4) 2022.0.179 2022.0.179 2022-05-01false33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01005699 2022-05-01 2023-04-30 01005699 2023-04-30 01005699 2021-05-01 2022-04-30 01005699 2022-04-30 01005699 c:Director1 2022-05-01 2023-04-30 01005699 d:Buildings 2022-05-01 2023-04-30 01005699 d:Buildings 2023-04-30 01005699 d:Buildings 2022-04-30 01005699 d:Buildings d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 01005699 d:PlantMachinery 2022-05-01 2023-04-30 01005699 d:PlantMachinery 2023-04-30 01005699 d:PlantMachinery 2022-04-30 01005699 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 01005699 d:MotorVehicles 2022-05-01 2023-04-30 01005699 d:MotorVehicles 2023-04-30 01005699 d:MotorVehicles 2022-04-30 01005699 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 01005699 d:OfficeEquipment 2022-05-01 2023-04-30 01005699 d:OfficeEquipment 2023-04-30 01005699 d:OfficeEquipment 2022-04-30 01005699 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 01005699 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 01005699 d:CurrentFinancialInstruments 2023-04-30 01005699 d:CurrentFinancialInstruments 2022-04-30 01005699 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 01005699 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 01005699 d:ShareCapital 2023-04-30 01005699 d:ShareCapital 2022-04-30 01005699 d:RetainedEarningsAccumulatedLosses 2023-04-30 01005699 d:RetainedEarningsAccumulatedLosses 2022-04-30 01005699 c:FRS102 2022-05-01 2023-04-30 01005699 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 01005699 c:FullAccounts 2022-05-01 2023-04-30 01005699 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure
Registered number: 01005699













Ward Bros (Durham) Limited

Financial statements
Information for filing with the registrar

30 April 2023




 
Ward Bros (Durham) Limited


Balance sheet
At 30 April 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
758,291
1,035,302

  
758,291
1,035,302

Current assets
  

Debtors: amounts falling due within one year
 5 
166,889
185,927

Cash at bank and in hand
  
522,590
238,161

  
689,479
424,088

Creditors: amounts falling due within one year
 6 
(37,618)
(51,535)

Net current assets
  
 
 
651,861
 
 
372,553

Total assets less current liabilities
  
1,410,152
1,407,855

Provisions for liabilities
  

Deferred tax
  
(37,363)
(43,648)

  
 
 
(37,363)
 
 
(43,648)

Net assets
  
1,372,789
1,364,207


Capital and reserves
  

Called up share capital 
  
108,000
108,000

Profit and loss account
  
1,264,789
1,256,207

Shareholder's funds
  
1,372,789
1,364,207


1

 
Ward Bros (Durham) Limited

    
Balance sheet (continued)
At 30 April 2023

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 his 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 13 November 2023.




AM Ward
Director

Company registered number: 01005699
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Ward Bros (Durham) Limited
 
 

Notes to the financial statements
Year ended 30 April 2023

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Thistle Road, Littleburn Industrial Estate, Langley Moor, Durham, DH7 8HZ.

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 judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably

 
2.3

Current and deferred taxation

Deferred tax is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.  Deferred tax assets are recognised when it is more likely than not that they will be recovered.  The company has not adopted a policy of discounting deferred tax assets and liabilities.  Deferred tax is measured using rates of tax that have been enacted or substantively enacted by the balance sheet date.

 
2.4

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 calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property
-
2%
straight line
Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
25%
reducing balance

3

 
Ward Bros (Durham) Limited
 

 
Notes to the financial statements
Year ended 30 April 2023

2.Accounting policies (continued)

 
2.5

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the balance sheet.

 
2.6

Financial instruments

Basic financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

4

 
Ward Bros (Durham) Limited
 
 

Notes to the financial statements
Year ended 30 April 2023

4.


Tangible fixed assets





Land and buildings
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2022
480,748
1,253,664
61,146
829
1,796,387


Additions
-
46,700
-
500
47,200


Disposals
-
(256,500)
-
(379)
(256,879)



At 30 April 2023

480,748
1,043,864
61,146
950
1,586,708



Depreciation


At 1 May 2022
32,743
679,803
47,861
678
761,085


Charge for the year
17,574
137,544
3,321
108
158,547


Disposals
-
(90,906)
-
(309)
(91,215)



At 30 April 2023

50,317
726,441
51,182
477
828,417



Net book value



At 30 April 2023
430,431
317,423
9,964
473
758,291



At 30 April 2022
448,005
573,861
13,285
151
1,035,302


5.


Debtors

2023
2022
£
£


Amounts owed by related parties
53,225
103,685

Other debtors
13,338
69,634

Prepayments and accrued income
100,326
12,608

166,889
185,927


5

 
Ward Bros (Durham) Limited
 
 

Notes to the financial statements
Year ended 30 April 2023

6.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
5,293
4,762

Other taxation and social security
2,932
1,523

Other creditors
26,668
36,450

Accruals and deferred income
2,725
8,800

37,618
51,535



7.


Related party transactions

During the year an inter company account was operated between the company and Ward Bros. (Plant Hire) Limited to record normal trading transactions. At the year end the amount due from Ward Bros. (Plant Hire) Limited was £53,225 (2022 - £103,685).

 
6