Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31true2022-06-01falseNo description of principal activity33trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02009184 2022-06-01 2023-05-31 02009184 2021-06-01 2022-05-31 02009184 2023-05-31 02009184 2022-05-31 02009184 c:Director1 2022-06-01 2023-05-31 02009184 d:MotorVehicles 2022-06-01 2023-05-31 02009184 d:MotorVehicles 2023-05-31 02009184 d:MotorVehicles 2022-05-31 02009184 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 02009184 d:FurnitureFittings 2022-06-01 2023-05-31 02009184 d:FurnitureFittings 2023-05-31 02009184 d:FurnitureFittings 2022-05-31 02009184 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 02009184 d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 02009184 d:CurrentFinancialInstruments 2023-05-31 02009184 d:CurrentFinancialInstruments 2022-05-31 02009184 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 02009184 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 02009184 d:ShareCapital 2023-05-31 02009184 d:ShareCapital 2022-05-31 02009184 d:RetainedEarningsAccumulatedLosses 2023-05-31 02009184 d:RetainedEarningsAccumulatedLosses 2022-05-31 02009184 c:OrdinaryShareClass1 2022-06-01 2023-05-31 02009184 c:OrdinaryShareClass1 2023-05-31 02009184 c:OrdinaryShareClass1 2022-05-31 02009184 c:OrdinaryShareClass2 2022-06-01 2023-05-31 02009184 c:OrdinaryShareClass2 2023-05-31 02009184 c:OrdinaryShareClass2 2022-05-31 02009184 c:OrdinaryShareClass3 2022-06-01 2023-05-31 02009184 c:OrdinaryShareClass3 2023-05-31 02009184 c:OrdinaryShareClass3 2022-05-31 02009184 c:OrdinaryShareClass4 2022-06-01 2023-05-31 02009184 c:OrdinaryShareClass4 2023-05-31 02009184 c:OrdinaryShareClass4 2022-05-31 02009184 c:FRS102 2022-06-01 2023-05-31 02009184 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 02009184 c:FullAccounts 2022-06-01 2023-05-31 02009184 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 02009184 d:WithinOneYear 2023-05-31 02009184 d:WithinOneYear 2022-05-31 02009184 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 02009184 d:AcceleratedTaxDepreciationDeferredTax 2022-05-31 02009184 e:PoundSterling 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02009184










A. DALE BUILDERS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023



 
A. DALE BUILDERS LIMITED
REGISTERED NUMBER: 02009184

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
15,803
20,825

  
15,803
20,825

Current assets
  

Stocks
 5 
37,745
18,074

Debtors: amounts falling due within one year
 6 
11,692
11,111

Cash at bank and in hand
  
32,787
57,492

  
82,224
86,677

Current Liablities
  

Creditors: amounts falling due within one year
 7 
(78,703)
(60,529)

Total assets less current liabilities
  
 
 
19,324
 
 
46,973

Provisions for liabilities
  

Deferred tax
 8 
(3,951)
(5,206)

  
 
 
(3,951)
 
 
(5,206)

Net assets
  
15,373
41,767


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
15,273
41,667

  
15,373
41,767


Page 1

 
A. DALE BUILDERS LIMITED
REGISTERED NUMBER: 02009184

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 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 by: 




A D Dale
Director

Date: 5 February 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
A. DALE BUILDERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

A Dale Builders Limited is a limited liability company incorporated in England and Wales. The address of its registered office and principal place of business is Reading Bridge House, George Street, Reading, Berkshire, RG1 8LS.

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 for services during the year, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

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.

 
2.4

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.

Page 3

 
A. DALE BUILDERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Fixtures & fittings
-
15%

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.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 4

 
A. DALE BUILDERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
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.

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

 
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.

 
2.11

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.


3.


Employees

2023
2022
£
£

Wages and salaries
55,742
57,715

Social security costs
5,182
5,022

Cost of defined contribution scheme
-
72

60,924
62,809


The average monthly number of employees, including directors, during the year was 3 (2022 - 3).

Page 5

 
A. DALE BUILDERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures & fittings
Total

£
£
£



Cost or valuation


At 1 June 2022
48,999
5,369
54,368



At 31 May 2023

48,999
5,369
54,368



Depreciation


At 1 June 2022
30,021
3,522
33,543


Charge for the year on owned assets
4,745
277
5,022



At 31 May 2023

34,766
3,799
38,565



Net book value



At 31 May 2023
14,233
1,570
15,803



At 31 May 2022
18,978
1,847
20,825


5.


Stocks

2023
2022
£
£

Raw materials and consumables
5,750
5,500

Work in progress
31,995
12,574

37,745
18,074



6.


Debtors

2023
2022
£
£


Trade debtors
210
150

Other debtors
4,815
4,054

Prepayments
6,667
6,907

11,692
11,111


Page 6

 
A. DALE BUILDERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

7.


Creditors: amounts falling due within one year

2023
2022
£
£

Trade creditors
40,836
17,273

Corporation tax
-
3,831

Other taxation and social security
33,905
35,396

Other creditors
982
703

Accruals and deferred income
2,980
3,326

78,703
60,529



8.


Deferred taxation




2023


£






At beginning of year
(5,206)


Charged to profit or loss
1,255



At end of year
(3,951)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(3,951)
(5,206)

(3,951)
(5,206)


9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



40 (2022 - 40) A Ordinary shares of £1.00 each
40
40
25 (2022 - 25) B Ordinary shares of £1.00 each
25
25
20 (2022 - 20) C Ordinary shares of £1.00 each
20
20
15 (2022 - 15) D Ordinary shares of £1.00 each
15
15

100

100

All shares rank pari passu with each other, however the directors have the authority to pay differing rates of dividends on each class of share.


Page 7

 
A. DALE BUILDERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

10.


Related party transactions

At the balance sheet date the company was owed £3,488 by the directors (2022: £3,507).


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme 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 fund and amounted to £nil (2022: £72). 
No contributions were outstanding in the current or prior year.


12.


Commitments under operating leases

At 31 May 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
1,404
-

1,404
-


Page 8