Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-272023-02-2752022-03-01falseNo description of principal activity8falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11853225 2022-03-01 2023-02-27 11853225 2021-03-01 2022-02-28 11853225 2023-02-27 11853225 2022-02-28 11853225 c:Director1 2022-03-01 2023-02-27 11853225 d:MotorVehicles 2022-03-01 2023-02-27 11853225 d:MotorVehicles 2023-02-27 11853225 d:MotorVehicles 2022-02-28 11853225 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-03-01 2023-02-27 11853225 d:OfficeEquipment 2022-03-01 2023-02-27 11853225 d:OfficeEquipment 2023-02-27 11853225 d:OfficeEquipment 2022-02-28 11853225 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-27 11853225 d:OwnedOrFreeholdAssets 2022-03-01 2023-02-27 11853225 d:Goodwill 2022-03-01 2023-02-27 11853225 d:Goodwill 2023-02-27 11853225 d:Goodwill 2022-02-28 11853225 d:CurrentFinancialInstruments 2023-02-27 11853225 d:CurrentFinancialInstruments 2022-02-28 11853225 d:Non-currentFinancialInstruments 2023-02-27 11853225 d:Non-currentFinancialInstruments 2022-02-28 11853225 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-27 11853225 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 11853225 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-27 11853225 d:Non-currentFinancialInstruments d:AfterOneYear 2022-02-28 11853225 d:ShareCapital 2023-02-27 11853225 d:ShareCapital 2022-02-28 11853225 d:RetainedEarningsAccumulatedLosses 2023-02-27 11853225 d:RetainedEarningsAccumulatedLosses 2022-02-28 11853225 c:FRS102 2022-03-01 2023-02-27 11853225 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-27 11853225 c:FullAccounts 2022-03-01 2023-02-27 11853225 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-27 11853225 d:HirePurchaseContracts d:WithinOneYear 2023-02-27 11853225 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-02-27 11853225 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-02-28 11853225 d:HirePurchaseContracts d:WithinOneYear 2022-02-28 11853225 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2022-03-01 2023-02-27 11853225 d:Goodwill d:OwnedIntangibleAssets 2022-03-01 2023-02-27 iso4217:GBP xbrli:pure

Registered number: 11853225









SAFE HOUSE MAINTENANCE SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 27 FEBRUARY 2023

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
REGISTERED NUMBER: 11853225

BALANCE SHEET
AS AT 27 FEBRUARY 2023

27 February
28 February
2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
99,214
110,933

Tangible assets
 5 
164,985
139,189

  
264,199
250,122

Current assets
  

Debtors: amounts falling due within one year
 6 
83,481
71,560

Cash at bank and in hand
 7 
129,053
222,586

  
212,534
294,146

Creditors: amounts falling due within one year
 8 
(299,771)
(305,886)

Net current liabilities
  
 
 
(87,237)
 
 
(11,740)

Total assets less current liabilities
  
176,962
238,382

Creditors: amounts falling due after more than one year
  
(35,553)
-

  

Net assets
  
141,409
238,382


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
141,408
238,381

  
141,409
238,382


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 period 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 profit and loss account 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
Page 1

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
REGISTERED NUMBER: 11853225
    
BALANCE SHEET (CONTINUED)
AS AT 27 FEBRUARY 2023

7 February 2024.




N W Lewis
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 FEBRUARY 2023

1.


General information

Safe House Maintenance Services Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is First Floor, Radius House, 51 Clarendon Road, Watford, WD17 1HP.
The company's principal activity is that of property maintenance.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. 

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

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

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.

Page 3

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 FEBRUARY 2023

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Profit and Loss Account over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

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.

Page 4

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 FEBRUARY 2023

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Office equipment
-
25%

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.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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 period was 8 (2022 - 5).

Page 5

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 FEBRUARY 2023

4.


Intangible assets






Goodwill

£



Cost


At 1 March 2022
137,333


Additions
2,238



At 27 February 2023

139,571



Amortisation


At 1 March 2022
26,400


Charge for the period on owned assets
13,957



At 27 February 2023

40,357



Net book value



At 27 February 2023
99,214



At 28 February 2022
110,933



Page 6

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 FEBRUARY 2023

5.


Tangible fixed assets







Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 March 2022
198,974
3,938
202,912


Additions
101,682
-
101,682



At 27 February 2023

300,656
3,938
304,594



Depreciation


At 1 March 2022
62,661
1,062
63,723


Charge for the period on owned assets
75,167
719
75,886



At 27 February 2023

137,828
1,781
139,609



Net book value



At 27 February 2023
162,828
2,157
164,985



At 28 February 2022
136,313
2,876
139,189


6.


Debtors

27 February
28 February
2023
2022
£
£


Trade debtors
-
70,310

Other debtors
83,481
1,250

83,481
71,560


Page 7

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 FEBRUARY 2023

7.


Cash and cash equivalents

27 February
28 February
2023
2022
£
£

Cash at bank and in hand
129,053
222,586

129,053
222,586



8.


Creditors: Amounts falling due within one year

27 February
28 February
2023
2022
£
£

Trade creditors
4,002
3,528

Corporation tax
7,418
41,122

Other taxation and social security
189,552
148,987

Obligations under finance lease and hire purchase contracts
32,740
33,919

Other creditors
59,059
71,330

Accruals and deferred income
7,000
7,000

299,771
305,886



9.


Creditors: Amounts falling due after more than one year

27 February
28 February
2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
35,553
-

35,553
-


Page 8

 
SAFE HOUSE MAINTENANCE SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 27 FEBRUARY 2023

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

27 February
28 February
2023
2022
£
£


Within one year
32,740
33,919

Between 1-5 years
35,553
-

68,293
33,919


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £1,139 (2022 - £906) . 

 
Page 9