Caseware UK (AP4) 2022.0.179 2022.0.179 2023-11-302023-11-302022-12-01falseNo description of principal activity2424falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00512794 2022-12-01 2023-11-30 00512794 2021-12-01 2022-11-30 00512794 2023-11-30 00512794 2022-11-30 00512794 c:Director2 2022-12-01 2023-11-30 00512794 d:Buildings 2022-12-01 2023-11-30 00512794 d:Buildings 2023-11-30 00512794 d:Buildings 2022-11-30 00512794 d:Buildings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 00512794 d:PlantMachinery 2022-12-01 2023-11-30 00512794 d:PlantMachinery 2023-11-30 00512794 d:PlantMachinery 2022-11-30 00512794 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 00512794 d:MotorVehicles 2022-12-01 2023-11-30 00512794 d:MotorVehicles 2023-11-30 00512794 d:MotorVehicles 2022-11-30 00512794 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 00512794 d:FurnitureFittings 2022-12-01 2023-11-30 00512794 d:FurnitureFittings 2023-11-30 00512794 d:FurnitureFittings 2022-11-30 00512794 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 00512794 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 00512794 d:CurrentFinancialInstruments 2023-11-30 00512794 d:CurrentFinancialInstruments 2022-11-30 00512794 d:Non-currentFinancialInstruments 2023-11-30 00512794 d:Non-currentFinancialInstruments 2022-11-30 00512794 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 00512794 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 00512794 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 00512794 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 00512794 d:ShareCapital 2023-11-30 00512794 d:ShareCapital 2022-11-30 00512794 d:RetainedEarningsAccumulatedLosses 2023-11-30 00512794 d:RetainedEarningsAccumulatedLosses 2022-11-30 00512794 c:FRS102 2022-12-01 2023-11-30 00512794 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 00512794 c:FullAccounts 2022-12-01 2023-11-30 00512794 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 00512794 d:HirePurchaseContracts d:WithinOneYear 2023-11-30 00512794 d:HirePurchaseContracts d:WithinOneYear 2022-11-30 00512794 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-11-30 00512794 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-11-30 00512794 2 2022-12-01 2023-11-30 00512794 6 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 00512794









BENJAMIN ARMITAGE (HYDE) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
BENJAMIN ARMITAGE (HYDE) LIMITED
REGISTERED NUMBER: 00512794

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
  
770,336
816,532

  
770,336
816,532

Current assets
  

Stocks
  
1,430
427,160

Debtors: amounts falling due within one year
  
274,667
1,613,472

Cash at bank and in hand
  
1,807,943
1,867,033

  
2,084,040
3,907,665

Creditors: amounts falling due within one year
  
(531,130)
(2,276,649)

Net current assets
  
 
 
1,552,910
 
 
1,631,016

Total assets less current liabilities
  
2,323,246
2,447,548

Creditors: amounts falling due after more than one year
  
-
(1,412)

Provisions for liabilities
  

Deferred tax
  
(13,341)
(22,118)

  
 
 
(13,341)
 
 
(22,118)

Net assets
  
2,309,905
2,424,018


Capital and reserves
  

Called up share capital 
  
1,761
1,761

Profit and loss account
  
2,308,144
2,422,257

  
2,309,905
2,424,018


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.

Page 1

 
BENJAMIN ARMITAGE (HYDE) LIMITED
REGISTERED NUMBER: 00512794
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The Company has opted not to file the statement of income and retained earnings 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 18 April 2024.




................................................
Daniel Benjamin Armitage
Director

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

Page 2

 
BENJAMIN ARMITAGE (HYDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Benjamin Armitage (HYDE) Limited is a private company limited by shares, registered in the United Kingdom number 00512794. Its registered office is 15 Jersey Street, Ancoats, Manchester, M4 6EZ. During the year, the principal activity of the company was that of Construction of commercial buildings.

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:

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.

Page 3

 
BENJAMIN ARMITAGE (HYDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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.

Page 4

 
BENJAMIN ARMITAGE (HYDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.8

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 balance sheet 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 balance sheet 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 balance sheet date.

 
2.9

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:

Freehold property
-
Plant and machinery
-
20%
Straight Line
Motor vehicles
-
20%
Reducing Balance
Fixtures and fittings
-
10%
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.

Page 5

 
BENJAMIN ARMITAGE (HYDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.10

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.11

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.

 
2.12

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.

 
2.13

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.

 
2.14

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
2.15

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 6

 
BENJAMIN ARMITAGE (HYDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 24 (2022 - 24).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 December 2022
700,122
105,338
108,120
98,816
1,012,396


Additions
-
22,905
-
-
22,905


Disposals
-
-
(70,551)
-
(70,551)



At 30 November 2023

700,122
128,243
37,569
98,816
964,750



Depreciation


At 1 December 2022
-
63,421
55,286
77,159
195,866


Charge for the year on owned assets
-
20,141
2,609
6,559
29,309


Disposals
-
-
(30,761)
-
(30,761)



At 30 November 2023

-
83,562
27,134
83,718
194,414



Net book value



At 30 November 2023
700,122
44,681
10,435
15,098
770,336



At 30 November 2022
700,122
41,918
52,835
21,657
816,532


5.


Debtors

2023
2022
£
£


Trade debtors
252,796
1,580,199

Prepayments and accrued income
21,871
33,273

274,667
1,613,472


Page 7

 
BENJAMIN ARMITAGE (HYDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,807,943
1,867,033

1,807,943
1,867,033



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
-
114,255

Trade creditors
426,783
1,312,552

Corporation tax
15,078
168,451

Other taxation and social security
32,093
464,249

Obligations under finance lease and hire purchase contracts
-
4,231

Other creditors
10,615
10,143

Accruals and deferred income
46,561
202,768

531,130
2,276,649



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
-
1,412

-
1,412



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
-
4,231

Between 1-5 years
-
1,410

-
5,641

Page 8

 
BENJAMIN ARMITAGE (HYDE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

10.


Pension commitments

 
Page 9