Caseware UK (AP4) 2022.0.179 2022.0.179 2023-09-302023-09-302022-10-01falseNo description of principal activity1112falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC362539 2022-10-01 2023-09-30 SC362539 2021-10-01 2022-09-30 SC362539 2023-09-30 SC362539 2022-09-30 SC362539 c:Director1 2022-10-01 2023-09-30 SC362539 c:Director2 2022-10-01 2023-09-30 SC362539 c:RegisteredOffice 2022-10-01 2023-09-30 SC362539 d:Buildings d:LongLeaseholdAssets 2022-10-01 2023-09-30 SC362539 d:Buildings d:LongLeaseholdAssets 2023-09-30 SC362539 d:Buildings d:LongLeaseholdAssets 2022-09-30 SC362539 d:PlantMachinery 2022-10-01 2023-09-30 SC362539 d:PlantMachinery 2023-09-30 SC362539 d:PlantMachinery 2022-09-30 SC362539 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC362539 d:MotorVehicles 2022-10-01 2023-09-30 SC362539 d:MotorVehicles 2023-09-30 SC362539 d:MotorVehicles 2022-09-30 SC362539 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC362539 d:OfficeEquipment 2022-10-01 2023-09-30 SC362539 d:OfficeEquipment 2023-09-30 SC362539 d:OfficeEquipment 2022-09-30 SC362539 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC362539 d:OwnedOrFreeholdAssets 2022-10-01 2023-09-30 SC362539 d:CurrentFinancialInstruments 2023-09-30 SC362539 d:CurrentFinancialInstruments 2022-09-30 SC362539 d:Non-currentFinancialInstruments 2023-09-30 SC362539 d:Non-currentFinancialInstruments 2022-09-30 SC362539 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 SC362539 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 SC362539 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 SC362539 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 SC362539 d:ShareCapital 2023-09-30 SC362539 d:ShareCapital 2022-09-30 SC362539 d:RetainedEarningsAccumulatedLosses 2023-09-30 SC362539 d:RetainedEarningsAccumulatedLosses 2022-09-30 SC362539 c:OrdinaryShareClass1 2022-10-01 2023-09-30 SC362539 c:OrdinaryShareClass1 2023-09-30 SC362539 c:OrdinaryShareClass1 2022-09-30 SC362539 c:OrdinaryShareClass2 2022-10-01 2023-09-30 SC362539 c:OrdinaryShareClass2 2023-09-30 SC362539 c:OrdinaryShareClass2 2022-09-30 SC362539 c:FRS102 2022-10-01 2023-09-30 SC362539 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 SC362539 c:FullAccounts 2022-10-01 2023-09-30 SC362539 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC362539










EAST COAST DRAINAGE SOLUTIONS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
EAST COAST DRAINAGE SOLUTIONS LIMITED
 

COMPANY INFORMATION


Directors
Mr G A Dobbie 
Mr S G Harvey 




Registered number
SC362539



Registered office
60 Strathern Road

Broughty Ferry

Dundee

DD5 1PH




Accountants
EQ Accountants LLP
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
EAST COAST DRAINAGE SOLUTIONS LIMITED
REGISTERED NUMBER:SC362539

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
170,521
171,688

  
170,521
171,688

Current assets
  

Stocks
  
560
560

Debtors: amounts falling due within one year
 5 
114,020
108,205

Cash at bank and in hand
  
113,612
125,792

  
228,192
234,557

Creditors: amounts falling due within one year
 6 
(92,158)
(104,037)

Net current assets
  
 
 
136,034
 
 
130,520

Total assets less current liabilities
  
306,555
302,208

Creditors: amounts falling due after more than one year
 7 
(14,907)
(30,028)

Provisions for liabilities
  

Deferred tax
  
(41,217)
(40,716)

  
 
 
(41,217)
 
 
(40,716)

Net assets
  
250,431
231,464


Capital and reserves
  

Called up share capital 
 8 
2,000
2,000

Profit and loss account
  
248,431
229,464

  
250,431
231,464


Page 1

 
EAST COAST DRAINAGE SOLUTIONS LIMITED
REGISTERED NUMBER:SC362539

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 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 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 27 December 2023.




................................................
Mr G A Dobbie
................................................
Mr S G Harvey
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
EAST COAST DRAINAGE SOLUTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

The Company is limited by shares and incorporated in Scotland; Registration Number SC362539. The registered office address is 60 Strathern Road, Broughty Ferry, Dundee, DD5 1PH.
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

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
                                                                                                                                                       Grants of a revenue nature are recognised in the Statement of income and retained earnings in the                                                                                                                                     same period as the related expenditure.

Page 3

 
EAST COAST DRAINAGE SOLUTIONS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.5

Pension

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.

 
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 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.

Page 4

 
EAST COAST DRAINAGE SOLUTIONS LIMITED
 

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
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
-
10% - 25% straight line
Motor vehicles
-
25% straight line
Office equipment
-
33% straight line

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

Stocks

Stocks are stated at the lower of cost and net realisable value.

 
2.9

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.

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.

 
2.10

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 year was 11 (2022 - 12).

Page 5

 
EAST COAST DRAINAGE SOLUTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Factory upgrade
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2022
14,135
254,776
120,987
4,931
394,829


Additions
-
3,787
51,823
-
55,610


Disposals
-
(1,499)
(20,000)
-
(21,499)



At 30 September 2023

14,135
257,064
152,810
4,931
428,940



Depreciation


At 1 October 2022
5,654
126,989
87,972
2,526
223,141


Charge for the year on owned assets
2,827
23,020
19,552
1,378
46,777


Disposals
-
(1,499)
(10,000)
-
(11,499)



At 30 September 2023

8,481
148,510
97,524
3,904
258,419



Net book value



At 30 September 2023
5,654
108,554
55,286
1,027
170,521



At 30 September 2022
8,481
127,787
33,015
2,405
171,688


5.


Debtors

2023
2022
£
£


Trade debtors
111,876
105,804

Prepayments and accrued income
2,144
2,401

114,020
108,205


Page 6

 
EAST COAST DRAINAGE SOLUTIONS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
-
8,096

Trade creditors
10,031
8,311

Other taxation and social security
46,348
59,386

Obligations under finance lease and hire purchase contracts
31,814
24,656

Other creditors
2,860
2,433

Accruals and deferred income
1,105
1,155

92,158
104,037


Secured loans
Obligations under finance lease and hire purchase contracts are secured against the relevant assets.


7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
14,907
30,028


Secured loans
Obligations under finance lease and hire purchase contracts are secured against the relevant assets.


8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,000 (2022 - 1,000) Ordinary A shares of £1.00 each
1,000
1,000
1,000 (2022 - 1,000) Ordinary B shares of £1.00 each
1,000
1,000

2,000

2,000



Page 7