Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31falsetrue2022-08-01Telecommunications62trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13528074 2022-08-01 2023-07-31 13528074 2021-08-01 2022-07-31 13528074 2023-07-31 13528074 2022-07-31 13528074 c:Director1 2022-08-01 2023-07-31 13528074 d:PlantMachinery 2022-08-01 2023-07-31 13528074 d:PlantMachinery 2023-07-31 13528074 d:PlantMachinery 2022-07-31 13528074 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13528074 d:MotorVehicles 2022-08-01 2023-07-31 13528074 d:MotorVehicles 2023-07-31 13528074 d:MotorVehicles 2022-07-31 13528074 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13528074 d:OfficeEquipment 2022-08-01 2023-07-31 13528074 d:OfficeEquipment 2023-07-31 13528074 d:OfficeEquipment 2022-07-31 13528074 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13528074 d:ComputerEquipment 2022-08-01 2023-07-31 13528074 d:ComputerEquipment 2023-07-31 13528074 d:ComputerEquipment 2022-07-31 13528074 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13528074 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 13528074 d:CurrentFinancialInstruments 2023-07-31 13528074 d:CurrentFinancialInstruments 2022-07-31 13528074 d:Non-currentFinancialInstruments 2023-07-31 13528074 d:Non-currentFinancialInstruments 2022-07-31 13528074 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13528074 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 13528074 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 13528074 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 13528074 d:ShareCapital 2023-07-31 13528074 d:ShareCapital 2022-07-31 13528074 d:RetainedEarningsAccumulatedLosses 2023-07-31 13528074 d:RetainedEarningsAccumulatedLosses 2022-07-31 13528074 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-07-31 13528074 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-07-31 13528074 d:AcceleratedTaxDepreciationDeferredTax 2023-07-31 13528074 d:AcceleratedTaxDepreciationDeferredTax 2022-07-31 13528074 c:FRS102 2022-08-01 2023-07-31 13528074 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13528074 c:FullAccounts 2022-08-01 2023-07-31 13528074 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13528074 d:HirePurchaseContracts d:WithinOneYear 2023-07-31 13528074 d:HirePurchaseContracts d:WithinOneYear 2022-07-31 13528074 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-07-31 13528074 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-07-31 13528074 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 13528074










AH CONNECTIONS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
AH CONNECTIONS LIMITED
REGISTERED NUMBER: 13528074

STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
85,865
7,868

  
85,865
7,868

Current assets
  

Debtors: amounts falling due within one year
 4 
87,419
23,786

Cash at bank and in hand
 5 
42,097
47,908

  
129,516
71,694

Creditors: amounts falling due within one year
 6 
(72,163)
(32,900)

Net current assets
  
 
 
57,353
 
 
38,794

Total assets less current liabilities
  
143,218
46,662

Creditors: amounts falling due after more than one year
  
(55,658)
-

Provisions for liabilities
  

Deferred tax
 10 
(16,265)
(1,959)

  
 
 
(16,265)
 
 
(1,959)

Net assets
  
71,295
44,703


Capital and reserves
  

Called up share capital 
  
50
50

Profit and loss account
  
71,245
44,653

  
71,295
44,703


Page 1

 
AH CONNECTIONS LIMITED
REGISTERED NUMBER: 13528074
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 3 April 2024.




Anthony Hamlett
Director

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

Page 2

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act
2006 and registered in England (no.13528074). The address of the registered office is c/o Langtons, The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.
These financial statements present information about the company as an individual undertaking; it is not
a member of a group of companies. The principal activity of the company is that of telecoms and engineering consultancy.
The average monthly number of employees, including directors, during the year was 6 (2022 - 2).

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 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 judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company holds a level of cash reserves sufficient for the directors to believe that it is appropriate to prepare the financial statements on the going concern basis.

Page 3

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.3

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:

Sale of goods

Revenue 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 revenue 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

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.

 
2.4

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.

 
2.5

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.6

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 reporting 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 reporting 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 reporting date.

 
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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
33%
Motor vehicles
-
25%
Office equipment
-
33%
Computer equipment
-
33%

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

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
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

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.

 
2.12

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash
Page 6

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)


2.12
Financial instruments (continued)

equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

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

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.13

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.

Page 7

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

3.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 August 2022
456
5,165
2,247
378
8,246


Additions
23,726
66,666
749
1,101
92,242



At 31 July 2023

24,182
71,831
2,996
1,479
100,488



Depreciation


At 1 August 2022
38
104
225
11
378


Charge for the year on owned assets
2,786
10,444
749
266
14,245



At 31 July 2023

2,824
10,548
974
277
14,623



Net book value



At 31 July 2023
21,358
61,283
2,022
1,202
85,865



At 31 July 2022
418
5,061
2,022
367
7,868


4.


Debtors

2023
2022
£
£


Trade debtors
86,711
23,786

Other debtors
708
-

87,419
23,786



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
42,097
47,908

42,097
47,908


Page 8

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
35,518
14,779

Corporation tax
8,822
10,361

Other taxation and social security
12,943
6,510

Obligations under finance lease and hire purchase contracts
13,332
-

Other creditors
298
-

Accruals and deferred income
1,250
1,250

72,163
32,900



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
55,658
-

55,658
-



8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
13,332
-

Between 1-5 years
55,658
-

68,990
-


9.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
42,096
47,908




Financial assets measured at fair value through profit or loss comprise cash at bank.

Page 9

 
AH CONNECTIONS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

10.


Deferred taxation




2023


£






At beginning of year
(1,959)


Charged to profit or loss
(14,306)



At end of year
(16,265)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(16,265)
(1,959)

(16,265)
(1,959)


11.


Pension commitments

The company pays into defined contribution pension plans. The assets of the plans 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 plans. The cost for the year was £4,800. The amount payable to the pension fund at the year-end was NIL.

Page 10