Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-31falsetrue2022-08-01falseNo description of principal activity33The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12769965 2022-08-01 2023-07-31 12769965 2021-08-01 2022-07-31 12769965 2023-07-31 12769965 2022-07-31 12769965 c:Director2 2022-08-01 2023-07-31 12769965 d:PlantMachinery 2022-08-01 2023-07-31 12769965 d:PlantMachinery 2023-07-31 12769965 d:PlantMachinery 2022-07-31 12769965 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12769965 d:MotorVehicles 2022-08-01 2023-07-31 12769965 d:MotorVehicles 2023-07-31 12769965 d:MotorVehicles 2022-07-31 12769965 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12769965 d:OfficeEquipment 2022-08-01 2023-07-31 12769965 d:OfficeEquipment 2023-07-31 12769965 d:OfficeEquipment 2022-07-31 12769965 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12769965 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 12769965 d:CurrentFinancialInstruments 2023-07-31 12769965 d:CurrentFinancialInstruments 2022-07-31 12769965 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12769965 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 12769965 d:ShareCapital 2023-07-31 12769965 d:ShareCapital 2022-07-31 12769965 d:RetainedEarningsAccumulatedLosses 2023-07-31 12769965 d:RetainedEarningsAccumulatedLosses 2022-07-31 12769965 c:FRS102 2022-08-01 2023-07-31 12769965 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12769965 c:FullAccounts 2022-08-01 2023-07-31 12769965 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12769965 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 12769965









GREENWOOD TECHNICAL SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
GREENWOOD TECHNICAL SERVICES LTD
REGISTERED NUMBER: 12769965

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
22,266
46,480

  
22,266
46,480

Current assets
  

Debtors: amounts falling due within one year
 5 
31,954
21,108

Cash at bank and in hand
 6 
2,866
3,474

  
34,820
24,582

Creditors: amounts falling due within one year
 7 
(57,041)
(70,704)

Net current liabilities
  
 
 
(22,221)
 
 
(46,122)

Total assets less current liabilities
  
45
358

  

Net assets
  
45
358


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
35
348

  
45
358


Page 1

 
GREENWOOD TECHNICAL SERVICES LTD
REGISTERED NUMBER: 12769965
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 profit and loss account 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 30 July 2024.




C B Greenwood
Director

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

Page 2

 
GREENWOOD TECHNICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Greenwood Technical Services Ltd is a company limited by shares incorporated in England within the United Kingdom. The address of the registered office is Coronation House, The Street, Swingfield, Dover, Kent, CT15 7HA. 
The company's principal activity is the provision of management consultancy services and installation of industrial machinery and equipment.
The financial statements are presented in Sterling which is the functional currency of the company and
rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.

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.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
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 balance sheet date in the countries where the Company operates and generates income.

 
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.

Page 3

 
GREENWOOD TECHNICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)


2.5
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 basis:

Plant and machinery
-
33%
Motor vehicles
-
33%
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

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.


3.


Employees

2023
2022
£
£

Wages and salaries
58,200
57,851

Social security costs
-
317

58,200
58,168


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

Page 4

 
GREENWOOD TECHNICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 August 2022
66,551
11,500
19,830
97,881


Additions
2,197
-
400
2,597



At 31 July 2023

68,748
11,500
20,230
100,478



Depreciation


At 1 August 2022
33,113
5,750
12,538
51,401


Charge for the year on owned assets
17,193
2,875
6,743
26,811



At 31 July 2023

50,306
8,625
19,281
78,212



Net book value



At 31 July 2023
18,442
2,875
949
22,266



At 31 July 2022
33,438
5,750
7,292
46,480

Page 5

 
GREENWOOD TECHNICAL SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Debtors

2023
2022
£
£


Other debtors
22,996
14,817

Prepayments and accrued income
1,369
1,463

Tax recoverable
7,589
4,828

31,954
21,108



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,866
3,474

2,866
3,474



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
43,231
54,623

Other taxation and social security
10,290
10,673

Accruals and deferred income
3,520
5,408

57,041
70,704



8.


Transactions with directors

At the year end the directors owed the company a balance of £22,485 (2022: £14,304).

 
Page 6