Silverfin false false 31/12/2023 01/08/2022 31/12/2023 E A Bacon 31/03/2021 B Mounsey-Heysham 31/03/2021 T P Nelson 31/03/2021 02 April 2024 The principal activity of the Company during the financial period was that of remediation activities and other waste management services including sewage. 04001914 2023-12-31 04001914 bus:Director1 2023-12-31 04001914 bus:Director2 2023-12-31 04001914 bus:Director3 2023-12-31 04001914 2022-07-31 04001914 core:CurrentFinancialInstruments 2023-12-31 04001914 core:CurrentFinancialInstruments 2022-07-31 04001914 core:Non-currentFinancialInstruments 2023-12-31 04001914 core:Non-currentFinancialInstruments 2022-07-31 04001914 core:ShareCapital 2023-12-31 04001914 core:ShareCapital 2022-07-31 04001914 core:RetainedEarningsAccumulatedLosses 2023-12-31 04001914 core:RetainedEarningsAccumulatedLosses 2022-07-31 04001914 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2022-07-31 04001914 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2023-12-31 04001914 core:LandBuildings 2022-07-31 04001914 core:PlantMachinery 2022-07-31 04001914 core:Vehicles 2022-07-31 04001914 core:FurnitureFittings 2022-07-31 04001914 core:ComputerEquipment 2022-07-31 04001914 core:LandBuildings 2023-12-31 04001914 core:PlantMachinery 2023-12-31 04001914 core:Vehicles 2023-12-31 04001914 core:FurnitureFittings 2023-12-31 04001914 core:ComputerEquipment 2023-12-31 04001914 bus:OrdinaryShareClass1 2023-12-31 04001914 2022-08-01 2023-12-31 04001914 bus:FilletedAccounts 2022-08-01 2023-12-31 04001914 bus:SmallEntities 2022-08-01 2023-12-31 04001914 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-12-31 04001914 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-12-31 04001914 bus:Director1 2022-08-01 2023-12-31 04001914 bus:Director2 2022-08-01 2023-12-31 04001914 bus:Director3 2022-08-01 2023-12-31 04001914 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill core:TopRangeValue 2022-08-01 2023-12-31 04001914 core:LandBuildings core:TopRangeValue 2022-08-01 2023-12-31 04001914 core:PlantMachinery core:TopRangeValue 2022-08-01 2023-12-31 04001914 core:Vehicles core:TopRangeValue 2022-08-01 2023-12-31 04001914 core:FurnitureFittings core:TopRangeValue 2022-08-01 2023-12-31 04001914 core:ComputerEquipment core:TopRangeValue 2022-08-01 2023-12-31 04001914 2021-08-01 2022-07-31 04001914 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2022-08-01 2023-12-31 04001914 core:LandBuildings 2022-08-01 2023-12-31 04001914 core:PlantMachinery 2022-08-01 2023-12-31 04001914 core:Vehicles 2022-08-01 2023-12-31 04001914 core:FurnitureFittings 2022-08-01 2023-12-31 04001914 core:ComputerEquipment 2022-08-01 2023-12-31 04001914 core:Non-currentFinancialInstruments 2022-08-01 2023-12-31 04001914 bus:OrdinaryShareClass1 2022-08-01 2023-12-31 04001914 bus:OrdinaryShareClass1 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04001914 (England and Wales)

ANDERSONS WASTE MANAGEMENT LTD

Unaudited Financial Statements
For the financial period from 01 August 2022 to 31 December 2023
Pages for filing with the registrar

ANDERSONS WASTE MANAGEMENT LTD

Unaudited Financial Statements

For the financial period from 01 August 2022 to 31 December 2023

Contents

ANDERSONS WASTE MANAGEMENT LTD

BALANCE SHEET

As at 31 December 2023
ANDERSONS WASTE MANAGEMENT LTD

BALANCE SHEET (continued)

As at 31 December 2023
Note 31.12.2023 31.07.2022
£ £
Fixed assets
Intangible assets 3 3,287 0
Tangible assets 4 1,182,713 561,560
1,186,000 561,560
Current assets
Debtors 5 1,344,620 820,988
Cash at bank and in hand 293,454 127,119
1,638,074 948,107
Creditors: amounts falling due within one year 6 ( 863,640) ( 660,147)
Net current assets 774,434 287,960
Total assets less current liabilities 1,960,434 849,520
Creditors: amounts falling due after more than one year 7 ( 232,963) ( 109,211)
Provision for liabilities ( 300,859) ( 100,835)
Net assets 1,426,612 639,474
Capital and reserves
Called-up share capital 8 100 100
Profit and loss account 1,426,512 639,374
Total shareholder's funds 1,426,612 639,474

For the financial period ending 31 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Andersons Waste Management Ltd (registered number: 04001914) were approved and authorised for issue by the Board of Directors on 02 April 2024. They were signed on its behalf by:

E A Bacon
Director
T P Nelson
Director
ANDERSONS WASTE MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2022 to 31 December 2023
ANDERSONS WASTE MANAGEMENT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 August 2022 to 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Andersons Waste Management Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 6 Hydro Estate St Andrews Road, Avonmouth, Bristol, BS11 9HS, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Reporting period length

The reporting period length has been extended to align with other group companies. Due to this, the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. It is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs 5 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings 10 years straight line
Plant and machinery 5 years straight line
Vehicles 5 years straight line
Fixtures and fittings 5 years straight line
Computer equipment 5 years straight line
Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

Period from
01.08.2022 to
31.12.2023
Year ended
31.07.2022
Number Number
Monthly average number of persons employed by the Company during the period, including directors 18 17

3. Intangible assets

Website costs Total
£ £
Cost
At 01 August 2022 0 0
Additions 4,594 4,594
At 31 December 2023 4,594 4,594
Accumulated amortisation
At 01 August 2022 0 0
Charge for the financial period 1,307 1,307
At 31 December 2023 1,307 1,307
Net book value
At 31 December 2023 3,287 3,287
At 31 July 2022 0 0

4. Tangible assets

Land and buildings Plant and machinery Vehicles Fixtures and fittings Computer equipment Total
£ £ £ £ £ £
Cost
At 01 August 2022 38,590 375,728 996,109 6,547 25,062 1,442,036
Additions 0 86,285 834,879 0 2,601 923,765
Disposals 0 ( 45,255) ( 347,050) ( 3,020) ( 4,523) ( 399,848)
At 31 December 2023 38,590 416,758 1,483,938 3,527 23,140 1,965,953
Accumulated depreciation
At 01 August 2022 1,288 211,959 653,529 4,495 9,205 880,476
Charge for the financial period 5,472 62,740 211,410 1,138 6,792 287,552
Disposals 0 ( 31,751) ( 347,050) ( 2,106) ( 3,881) ( 384,788)
At 31 December 2023 6,760 242,948 517,889 3,527 12,116 783,240
Net book value
At 31 December 2023 31,830 173,810 966,049 0 11,024 1,182,713
At 31 July 2022 37,302 163,769 342,580 2,052 15,857 561,560

The net book value of tangible fixed assets includes £350,540 (2022 - £82,083 ) in respect of assets held under hire purchase contracts.

5. Debtors

31.12.2023 31.07.2022
£ £
Trade debtors 518,703 348,340
Amounts owed by Group undertakings 815,000 450,000
Prepayments 3,728 19,757
Other debtors 7,189 2,891
1,344,620 820,988

6. Creditors: amounts falling due within one year

31.12.2023 31.07.2022
£ £
Bank loans and overdrafts 29,946 27,669
Trade creditors 314,885 142,853
Amounts owed to Group undertakings 215,265 158,085
Accruals 11,468 200,737
Corporation tax 99,831 54,387
Other taxation and social security 67,310 30,460
Obligations under finance leases and hire purchase contracts 116,725 44,680
Other creditors 8,210 1,276
863,640 660,147

7. Creditors: amounts falling due after more than one year

31.12.2023 31.07.2022
£ £
Bank loans 61,957 102,603
Obligations under finance leases and hire purchase contracts (secured) 171,006 6,608
232,963 109,211

The hire purchase contracts are secured against the assets to which they relate. The bank loan is secured by way of a fixed and floating charge against the assets of the company.

8. Called-up share capital

31.12.2023 31.07.2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

9. Financial commitments

Commitments

Capital commitments are as follows:

31.12.2023 31.07.2022
£ £
Contracted for but not provided for:
Other 0 884,680