3 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 219,605 87,842 43,921 131,763 87,842 131,763 xbrli:pure xbrli:shares iso4217:GBP 05581923 2022-04-01 2023-03-31 05581923 2023-03-31 05581923 2022-03-31 05581923 2021-04-01 2022-03-31 05581923 2022-03-31 05581923 core:NetGoodwill 2022-04-01 2023-03-31 05581923 core:MotorVehicles 2022-04-01 2023-03-31 05581923 bus:Director1 2022-04-01 2023-03-31 05581923 core:NetGoodwill 2022-03-31 05581923 core:NetGoodwill 2023-03-31 05581923 core:MotorVehicles 2022-03-31 05581923 core:LandBuildings 2023-03-31 05581923 core:MotorVehicles 2023-03-31 05581923 core:WithinOneYear 2023-03-31 05581923 core:WithinOneYear 2022-03-31 05581923 core:ShareCapital 2023-03-31 05581923 core:ShareCapital 2022-03-31 05581923 core:RetainedEarningsAccumulatedLosses 2023-03-31 05581923 core:RetainedEarningsAccumulatedLosses 2022-03-31 05581923 core:NetGoodwill 2022-03-31 05581923 core:LandBuildings 2022-03-31 05581923 bus:SmallEntities 2022-04-01 2023-03-31 05581923 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05581923 bus:FullAccounts 2022-04-01 2023-03-31 05581923 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 05581923 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05581923 core:OfficeEquipment 2022-04-01 2023-03-31 05581923 core:OfficeEquipment 2023-03-31 05581923 core:OfficeEquipment 2022-03-31
COMPANY REGISTRATION NUMBER: 05581923
Active Non Executive Services Limited
Filleted Unaudited Financial Statements
31 March 2023
Active Non Executive Services Limited
Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
£
Fixed assets
Intangible assets
5
87,842
131,763
Tangible assets
6
1,786,995
1,788,945
------------
------------
1,874,837
1,920,708
Current assets
Debtors
7
602,067
619,239
Cash at bank and in hand
249,237
260,878
---------
---------
851,304
880,117
Creditors: amounts falling due within one year
8
762,295
999,622
---------
---------
Net current assets/(liabilities)
89,009
( 119,505)
------------
------------
Total assets less current liabilities
1,963,846
1,801,203
------------
------------
Net assets
1,963,846
1,801,203
------------
------------
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,963,746
1,801,103
------------
------------
Shareholders funds
1,963,846
1,801,203
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Active Non Executive Services Limited
Statement of Financial Position (continued)
31 March 2023
These financial statements were approved by the board of directors and authorised for issue on 2 January 2024 , and are signed on behalf of the board by:
Mr B J Thew
Director
Company registration number: 05581923
Active Non Executive Services Limited
Notes to the Financial Statements
Year ended 31 March 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 Barnhorn, Meadway, Berkhamsted, Hertfordshire, HP4 2PL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
20% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
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:
Motor vehicles
-
25% reducing balance
Equipment
-
20% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2022: 3 ).
5. Intangible assets
Goodwill
£
Cost
At 1 April 2022 and 31 March 2023
219,605
---------
Amortisation
At 1 April 2022
87,842
Charge for the year
43,921
---------
At 31 March 2023
131,763
---------
Carrying amount
At 31 March 2023
87,842
---------
At 31 March 2022
131,763
---------
6. Tangible assets
Land and buildings
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 April 2022 and 31 March 2023
1,783,094
34,007
10,726
1,827,827
------------
--------
--------
------------
Depreciation
At 1 April 2022
34,007
4,875
38,882
Charge for the year
1,950
1,950
------------
--------
--------
------------
At 31 March 2023
34,007
6,825
40,832
------------
--------
--------
------------
Carrying amount
At 31 March 2023
1,783,094
3,901
1,786,995
------------
--------
--------
------------
At 31 March 2022
1,783,094
5,851
1,788,945
------------
--------
--------
------------
7. Debtors
2023
2022
£
£
Trade debtors
3,798
4,970
Other debtors
598,269
614,269
---------
---------
602,067
619,239
---------
---------
8. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
38,306
47,544
Social security and other taxes
20,170
33,328
Other creditors
703,819
918,750
---------
---------
762,295
999,622
---------
---------