Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-3132022-11-01falseNo description of principal activity4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06413167 2022-11-01 2023-10-31 06413167 2021-11-01 2022-10-31 06413167 2023-10-31 06413167 2022-10-31 06413167 c:Director1 2022-11-01 2023-10-31 06413167 d:PlantMachinery 2022-11-01 2023-10-31 06413167 d:PlantMachinery 2023-10-31 06413167 d:PlantMachinery 2022-10-31 06413167 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 06413167 d:MotorVehicles 2022-11-01 2023-10-31 06413167 d:MotorVehicles 2023-10-31 06413167 d:MotorVehicles 2022-10-31 06413167 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 06413167 d:OfficeEquipment 2022-11-01 2023-10-31 06413167 d:OfficeEquipment 2023-10-31 06413167 d:OfficeEquipment 2022-10-31 06413167 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 06413167 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 06413167 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-31 06413167 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-10-31 06413167 d:CurrentFinancialInstruments 2023-10-31 06413167 d:CurrentFinancialInstruments 2022-10-31 06413167 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 06413167 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 06413167 d:ShareCapital 2023-10-31 06413167 d:ShareCapital 2022-10-31 06413167 d:RetainedEarningsAccumulatedLosses 2023-10-31 06413167 d:RetainedEarningsAccumulatedLosses 2022-10-31 06413167 c:FRS102 2022-11-01 2023-10-31 06413167 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 06413167 c:FullAccounts 2022-11-01 2023-10-31 06413167 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 06413167 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2022-11-01 2023-10-31 06413167 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 06413167









EXPRESS SITE SOLUTIONS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
EXPRESS SITE SOLUTIONS LTD
REGISTERED NUMBER: 06413167

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
33,986
38,314

Tangible assets
 5 
43,308
51,895

  
77,294
90,209

Current assets
  

Debtors: amounts falling due within one year
 6 
475,058
437,181

Cash at bank and in hand
  
11,374
16,844

  
486,432
454,025

Creditors: amounts falling due within one year
 7 
(245,189)
(226,701)

Net current assets
  
 
 
241,243
 
 
227,324

Net assets
  
318,537
317,533


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
318,536
317,532

  
318,537
317,533


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.

Page 1

 
EXPRESS SITE SOLUTIONS LTD
REGISTERED NUMBER: 06413167
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 July 2024.



L Shaw
Director

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

Page 2

 
EXPRESS SITE SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Express Site Solutions Ltd ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA.

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.

 
2.3

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.

Page 3

 
EXPRESS SITE SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in  the Statement of income and retained earnings 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.

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.

 
2.5

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.6

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 4

 
EXPRESS SITE SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

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 annual bases:

Plant and machinery
-
10%
Motor vehicles
-
10%
Office equipment
-
10%

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.

 
2.7

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.8

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.

 
2.9

Creditors

Short term creditors are measured at the transaction price. 

Page 5

 
EXPRESS SITE SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.

 
2.11

Pensions

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 the Statement of income and retained earnings when they fall due. Amounts not paid are shown in other creditors as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 4).

Page 6

 
EXPRESS SITE SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

4.


Intangible assets




Software

£



Cost


At 1 November 2022
43,275



At 31 October 2023

43,275



Amortisation


At 1 November 2022
4,961


Charge for the year on owned assets
4,328



At 31 October 2023

9,289



Net book value



At 31 October 2023
33,986



At 31 October 2022
38,314



Page 7

 
EXPRESS SITE SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

  £
  £
£
   £



Cost


At 1 November 2022
74,558
7,975
3,329
85,862



At 31 October 2023

74,558
7,975
3,329
85,862



Depreciation


At 1 November 2022
26,526
7,136
305
33,967


Charge for the year on owned assets
7,456
798
333
8,587



At 31 October 2023

33,982
7,934
638
42,554



Net book value



At 31 October 2023
40,576
41
2,691
43,308



At 31 October 2022
48,032
839
3,024
51,895


6.


Debtors

2023
2022
£
£


Trade debtors
168,558
132,936

Other debtors
220,000
237,745

Prepayments and accrued income
86,500
66,500

475,058
437,181


Page 8

 
EXPRESS SITE SOLUTIONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
51,616
20,692

Other taxation and social security
11,498
11,475

Other creditors
176,725
188,084

Accruals and deferred income
5,350
6,450

245,189
226,701



8.


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 £1,321 (2022 - £1,429). Contributions outstanding at the year end amounted to £22 (2022 - £81).

 
Page 9