Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31No description of principal activity2022-09-01false87truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06993343 2022-09-01 2023-08-31 06993343 2021-09-01 2022-08-31 06993343 2023-08-31 06993343 2022-08-31 06993343 c:Director1 2022-09-01 2023-08-31 06993343 d:OfficeEquipment 2022-09-01 2023-08-31 06993343 d:OfficeEquipment 2023-08-31 06993343 d:OfficeEquipment 2022-08-31 06993343 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 06993343 d:CurrentFinancialInstruments 2023-08-31 06993343 d:CurrentFinancialInstruments 2022-08-31 06993343 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 06993343 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 06993343 d:ShareCapital 2023-08-31 06993343 d:ShareCapital 2022-08-31 06993343 d:RetainedEarningsAccumulatedLosses 2023-08-31 06993343 d:RetainedEarningsAccumulatedLosses 2022-08-31 06993343 c:OrdinaryShareClass1 2022-09-01 2023-08-31 06993343 c:OrdinaryShareClass1 2023-08-31 06993343 c:OrdinaryShareClass2 2022-09-01 2023-08-31 06993343 c:OrdinaryShareClass2 2023-08-31 06993343 c:OrdinaryShareClass3 2022-09-01 2023-08-31 06993343 c:OrdinaryShareClass3 2023-08-31 06993343 c:OrdinaryShareClass4 2022-09-01 2023-08-31 06993343 c:OrdinaryShareClass4 2022-08-31 06993343 c:OrdinaryShareClass5 2022-09-01 2023-08-31 06993343 c:OrdinaryShareClass5 2022-08-31 06993343 c:FRS102 2022-09-01 2023-08-31 06993343 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 06993343 c:FullAccounts 2022-09-01 2023-08-31 06993343 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 xbrli:shares iso4217:GBP xbrli:pure
Company registration number: 06993343







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2023


SOMMERS WASTE SOLUTIONS LIMITED






































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SOMMERS WASTE SOLUTIONS LIMITED
REGISTERED NUMBER:06993343



STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
693
1,445

  
693
1,445

Current assets
  

Debtors: amounts falling due within one year
 5 
521,896
526,067

Cash at bank and in hand
  
563,749
510,693

  
1,085,645
1,036,760

Creditors: amounts falling due within one year
 6 
(534,455)
(480,502)

Net current assets
  
 
 
551,190
 
 
556,258

Total assets less current liabilities
  
551,883
557,703

  

Net assets
  
551,883
557,703


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
551,783
557,603

  
551,883
557,703


Page 1

 


SOMMERS WASTE SOLUTIONS LIMITED
REGISTERED NUMBER:06993343


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2023

The director considers 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 director acknowledges his 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 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 by: 




M R Sommers
Director

Date: 17 April 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


SOMMERS WASTE SOLUTIONS LIMITED
 


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

1.


General information

Sommers Waste Solutions Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.
The presentation currency of the financial statements is the Pound Sterling (£).

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:

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.

 
2.3

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.

 
2.4

Taxation

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.

Page 3

 


SOMMERS WASTE SOLUTIONS LIMITED
 


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

2.Accounting policies (continued)

 
2.5

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:

Office 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.

 
2.6

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2022 - 7).

Page 4

 


SOMMERS WASTE SOLUTIONS LIMITED
 


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

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 September 2022
14,026



At 31 August 2023

14,026



Depreciation


At 1 September 2022
12,581


Charge for the year on owned assets
752



At 31 August 2023

13,333



Net book value



At 31 August 2023
693



At 31 August 2022
1,445


5.


Debtors

2023
2022
£
£


Trade debtors
461,463
428,430

Other debtors
60,433
97,637

521,896
526,067



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
447,054
411,839

Taxation and social security
82,059
66,375

Other creditors
5,342
2,288

534,455
480,502


Page 5

 


SOMMERS WASTE SOLUTIONS LIMITED
 


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

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



675 (2022 - ) Ordinary A shares of £0.10 each
68
-
100 (2022 - ) Ordinary B shares of £0.10 each
10
-
225 (2022 - ) Ordinary C shares of £0.10 each
22
-
- (2022 - 75) Ordinary A shares of £1.00 each
-
75
- (2022 - 10) Ordinary B shares of £1.00 each
-
10
- (2022 - 15) Ordinary C shares of £1.00 each
-
15

100

100

During the year, the company subdivided and reclassified share capital as follows:
75 Ordinary A shares of £1.00 each were subdivided into 750 Ordinary A shares of £0.10 each
10 Ordinary B shares of £1.00 each were subdivided into 100 Ordinary B shares of £0.10 each
15 Ordinary C shares of £1.00 each were subdivided into 150 Ordinary C shares of £0.10 each
Following the above subdivision, 75 Ordinary A shares of £0.10 each were reclassified as 75 Ordinary C shares of £0.10 each.
The above subdivisions and reclassification carried no consideration.


 
Page 6