Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31false2023-05-24falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14892159 2023-05-23 14892159 2023-05-24 2024-05-31 14892159 2022-05-24 2023-05-23 14892159 2024-05-31 14892159 c:Director1 2023-05-24 2024-05-31 14892159 c:Director2 2023-05-24 2024-05-31 14892159 d:MotorVehicles 2023-05-24 2024-05-31 14892159 d:MotorVehicles 2024-05-31 14892159 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-24 2024-05-31 14892159 d:FurnitureFittings 2023-05-24 2024-05-31 14892159 d:FurnitureFittings 2024-05-31 14892159 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-24 2024-05-31 14892159 d:OwnedOrFreeholdAssets 2023-05-24 2024-05-31 14892159 d:Goodwill 2023-05-24 2024-05-31 14892159 d:Goodwill 2024-05-31 14892159 d:CurrentFinancialInstruments 2024-05-31 14892159 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 14892159 d:ShareCapital 2024-05-31 14892159 d:RetainedEarningsAccumulatedLosses 2024-05-31 14892159 c:FRS102 2023-05-24 2024-05-31 14892159 c:AuditExempt-NoAccountantsReport 2023-05-24 2024-05-31 14892159 c:FullAccounts 2023-05-24 2024-05-31 14892159 c:PrivateLimitedCompanyLtd 2023-05-24 2024-05-31 14892159 d:Goodwill d:ExternallyAcquiredIntangibleAssets 2023-05-24 2024-05-31 14892159 d:Goodwill d:OwnedIntangibleAssets 2023-05-24 2024-05-31 14892159 e:PoundSterling 2023-05-24 2024-05-31 iso4217:GBP xbrli:pure

Registered number: 14892159










ESSEX WINDOW SERVICE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2024

 
ESSEX WINDOW SERVICE LIMITED
REGISTERED NUMBER: 14892159

BALANCE SHEET
AS AT 31 MAY 2024

2024
Note
£

Fixed assets
  

Intangible assets
 4 
4,333

Tangible assets
 5 
4,144

  
8,477

Current assets
  

Stocks
 6 
700

Debtors: amounts falling due within one year
 7 
497

Cash at bank and in hand
 8 
44,706

  
45,903

Creditors: amounts falling due within one year
 9 
(18,005)

Net current assets
  
 
 
27,898

Total assets less current liabilities
  
36,375

  

Net assets
  
36,375


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
36,275

  
36,375


Page 1

 
ESSEX WINDOW SERVICE LIMITED
REGISTERED NUMBER: 14892159

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

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 period 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 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 on 24 July 2024.




M J Kent
S M Kent
Director
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ESSEX WINDOW SERVICE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

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.

Page 3

 
ESSEX WINDOW SERVICE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.Accounting policies (continued)

 
1.4

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Other 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.

 
1.5

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
reducing balance
Fixtures and fittings
-
20%
reducing balance

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.

 
1.6

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 balance sheet 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.

 
1.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
ESSEX WINDOW SERVICE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

1.Accounting policies (continued)

 
1.8

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. 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.

 
1.9

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.

 
1.10

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.


2.


General information

Essex Window Service Limited is a private limited company incorporated on 24th May 2023 in England and Wales. The Registered Office is Kingsridge House, 601 London Road, Westcliff on Sea, Essex SS0 9PE.


3.


Employees




The average monthly number of employees, including directors, during the period was 2.

Page 5

 
ESSEX WINDOW SERVICE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

4.


Intangible assets



Goodwill

£



Cost


Additions
5,000



At 31 May 2024

5,000



Amortisation


Charge for the period on owned assets
667



At 31 May 2024

667



Net book value



At 31 May 2024
4,333




5.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Total

£
£
£



Cost or valuation


Additions
2,584
2,198
4,782



At 31 May 2024

2,584
2,198
4,782



Depreciation


Charge for the period on owned assets
345
293
638



At 31 May 2024

345
293
638



Net book value



At 31 May 2024
2,239
1,905
4,144

Page 6

 
ESSEX WINDOW SERVICE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

6.


Stocks

2024
£

Raw materials and consumables
700

700



7.


Debtors

2024
£


Prepayments and accrued income
497

497



8.


Cash and cash equivalents

2024
£

Cash at bank and in hand
44,706

44,706



9.


Creditors: Amounts falling due within one year

2024
£

Corporation tax
10,622

Other taxation and social security
796

Other creditors
5,587

Accruals and deferred income
1,000

18,005



10.


Related party transactions

During the period, dividends amounting to £6,000 were paid to M Kent, a director of the company.


Page 7