Caseware UK (AP4) 2022.0.179 2022.0.179 true2022-09-01falseNo description of principal activity22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00870448 2022-09-01 2023-08-31 00870448 2021-09-01 2022-08-31 00870448 2023-08-31 00870448 2022-08-31 00870448 c:CompanySecretary1 2022-09-01 2023-08-31 00870448 c:Director1 2022-09-01 2023-08-31 00870448 c:Director2 2022-09-01 2023-08-31 00870448 c:RegisteredOffice 2022-09-01 2023-08-31 00870448 d:OfficeEquipment 2022-09-01 2023-08-31 00870448 d:OfficeEquipment 2023-08-31 00870448 d:OfficeEquipment 2022-08-31 00870448 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 00870448 d:CurrentFinancialInstruments 2023-08-31 00870448 d:CurrentFinancialInstruments 2022-08-31 00870448 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 00870448 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 00870448 d:ShareCapital 2023-08-31 00870448 d:ShareCapital 2022-08-31 00870448 d:OtherMiscellaneousReserve 2023-08-31 00870448 d:OtherMiscellaneousReserve 2022-08-31 00870448 d:RetainedEarningsAccumulatedLosses 2023-08-31 00870448 d:RetainedEarningsAccumulatedLosses 2022-08-31 00870448 c:FRS102 2022-09-01 2023-08-31 00870448 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 00870448 c:AbridgedAccounts 2022-09-01 2023-08-31 00870448 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 00870448 2 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Registered number: 00870448










KIRK & WHITE (HEATRITE) LIMITED

Unaudited
Financial statements
Information for filing with the registrar
For the year ended 31 August 2023

 
KIRK & WHITE (HEATRITE) LIMITED
 

Company Information


Directors
R Kirk 
Mrs L Proud 




Company secretary
Mrs L Proud



Registered number
00870448



Registered office
Heather Lea Farm
Bramley Moor

Eckington

Sheffield

S31 9RH





 
KIRK & WHITE (HEATRITE) LIMITED
Registered number: 00870448

Balance sheet
As at 31 August 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
16
93

  
16
93

Current assets
  

Cash at bank and in hand
  
60,796
146,656

  
60,796
146,656

Creditors: amounts falling due within one year
 5 
(19,369)
(103,696)

Net current assets
  
 
 
41,427
 
 
42,960

Net assets
  
41,443
43,053


Capital and reserves
  

Called up share capital 
  
49
49

Other reserves
  
51
51

Profit and loss account
  
41,343
42,953

  
41,443
43,053


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 on 6 March 2024.




R Kirk
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
KIRK & WHITE (HEATRITE) LIMITED
 

 
Notes to the financial statements
For the year ended 31 August 2023

1.


General information

Kirk & White (Heatrite) Limited is a private company limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information page of these financial statements. 

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

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

 
2.3

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:

Equipment
-
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.

 
2.4

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.

 
2.5

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 2

 
KIRK & WHITE (HEATRITE) LIMITED
 

 
Notes to the financial statements
For the year ended 31 August 2023

2.Accounting policies (continued)

 
2.6

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.

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 -2).

Page 3

 
KIRK & WHITE (HEATRITE) LIMITED
 

 
Notes to the financial statements
For the year ended 31 August 2023

4.


Tangible fixed assets





Equipment

£



Cost or valuation


At 1 September 2022
1,195



At 31 August 2023

1,195



Depreciation


At 1 September 2022
1,102


Charge for the year on owned assets
77



At 31 August 2023

1,179



Net book value



At 31 August 2023
16



At 31 August 2022
93


5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
18,096
103,096

Accruals and deferred income
1,273
600

19,369
103,696



Page 4