Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-312022-08-01falseNo description of principal activity21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11469075 2022-08-01 2023-07-31 11469075 2021-08-01 2022-07-31 11469075 2023-07-31 11469075 2022-07-31 11469075 c:Director1 2022-08-01 2023-07-31 11469075 d:PlantMachinery 2022-08-01 2023-07-31 11469075 d:PlantMachinery 2023-07-31 11469075 d:PlantMachinery 2022-07-31 11469075 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 11469075 d:CurrentFinancialInstruments 2023-07-31 11469075 d:CurrentFinancialInstruments 2022-07-31 11469075 d:Non-currentFinancialInstruments 2023-07-31 11469075 d:Non-currentFinancialInstruments 2022-07-31 11469075 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 11469075 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 11469075 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 11469075 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 11469075 d:ShareCapital 2023-07-31 11469075 d:ShareCapital 2022-07-31 11469075 d:RetainedEarningsAccumulatedLosses 2023-07-31 11469075 d:RetainedEarningsAccumulatedLosses 2022-07-31 11469075 c:FRS102 2022-08-01 2023-07-31 11469075 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 11469075 c:FullAccounts 2022-08-01 2023-07-31 11469075 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11469075 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure
Company registration number: 11469075







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2023


HENLOW MOTOR SERVICES LTD






































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HENLOW MOTOR SERVICES LTD
REGISTERED NUMBER:11469075



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
63

  
-
63

Current assets
  

Stocks
  
10,000
10,000

Debtors: amounts falling due within one year
 5 
-
17,174

Cash at bank and in hand
  
35,197
14,800

  
45,197
41,974

Creditors: amounts falling due within one year
 6 
(35,651)
(29,481)

Net current assets
  
 
 
9,546
 
 
12,493

Total assets less current liabilities
  
9,546
12,556

Creditors: amounts falling due after more than one year
 7 
(7,333)
(11,333)

  

Net assets
  
2,213
1,223


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
2,113
1,123

  
2,213
1,223


Page 1

 


HENLOW MOTOR SERVICES LTD
REGISTERED NUMBER:11469075


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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: 




................................................
R Neophytou
Director

Date: 30 July 2024

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

Page 2

 


HENLOW MOTOR SERVICES LTD
 


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

1.


General information

Henlow Motor Services Ltd 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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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.

Page 3

 


HENLOW MOTOR SERVICES LTD
 


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

2.Accounting policies (continued)

 
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.

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

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:

Plant and machinery
-
25%

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

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 reporting 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.

Page 4

 


HENLOW MOTOR SERVICES LTD
 


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

2.Accounting policies (continued)

 
2.7

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 2 (2022 - 1).


4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 August 2022
1,000



At 31 July 2023

1,000



Depreciation


At 1 August 2022
937


Charge for the year on owned assets
63



At 31 July 2023

1,000



Net book value



At 31 July 2023
-



At 31 July 2022
63


5.


Debtors

2023
2022
£
£


Other debtors
-
17,174

-
17,174


Page 5

 


HENLOW MOTOR SERVICES LTD
 


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

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
4,000
4,000

Trade creditors
1,337
330

Corporation tax
12,813
5,729

Other taxation and social security
10,595
9,627

Other creditors
271
2,210

Accruals and deferred income
6,635
7,585

35,651
29,481



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
7,333
11,333

7,333
11,333


 
Page 6