Caseware UK (AP4) 2023.0.135 2023.0.135 2023-03-312023-03-314true2022-04-01falseNo description of principal activity4trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05727702 2022-04-01 2023-03-31 05727702 2021-04-01 2022-03-31 05727702 2023-03-31 05727702 2022-03-31 05727702 c:Director1 2022-04-01 2023-03-31 05727702 d:CurrentFinancialInstruments 2023-03-31 05727702 d:CurrentFinancialInstruments 2022-03-31 05727702 d:Non-currentFinancialInstruments 2023-03-31 05727702 d:Non-currentFinancialInstruments 2022-03-31 05727702 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05727702 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 05727702 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 05727702 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 05727702 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 05727702 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-03-31 05727702 d:ShareCapital 2023-03-31 05727702 d:ShareCapital 2022-03-31 05727702 d:RetainedEarningsAccumulatedLosses 2023-03-31 05727702 d:RetainedEarningsAccumulatedLosses 2022-03-31 05727702 c:FRS102 2022-04-01 2023-03-31 05727702 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 05727702 c:FullAccounts 2022-04-01 2023-03-31 05727702 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure
Company registration number: 05727702







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2023


SHIRE PROPERTY INSTALLATIONS LIMITED






































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SHIRE PROPERTY INSTALLATIONS LIMITED
REGISTERED NUMBER:05727702



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
105,382
132,850

Cash at bank and in hand
  
10,542
27,688

  
115,924
160,538

Creditors: amounts falling due within one year
 5 
(150,784)
(151,609)

Net current (liabilities)/assets
  
 
 
(34,860)
 
 
8,929

Total assets less current liabilities
  
(34,860)
8,929

Creditors: amounts falling due after more than one year
  
(21,666)
(31,667)

  

Net liabilities
  
(56,526)
(22,738)


Capital and reserves
  

Called up share capital 
  
1,250
1,250

Profit and loss account
  
(57,776)
(23,988)

  
(56,526)
(22,738)


Page 1

 


SHIRE PROPERTY INSTALLATIONS LIMITED
REGISTERED NUMBER:05727702


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




___________________________
G P Joyce
Director

Date: 6 August 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


SHIRE PROPERTY INSTALLATIONS LIMITED
 


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

1.


General information

Shire Property Installations 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

Going concern

The directors have undertaken to continue their financial support of the company for the foreseeable future. On this basis they believe it is appropriate to prepare these accounts on a going concern basis.

 
2.3

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.

 
2.4

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

 


SHIRE PROPERTY INSTALLATIONS LIMITED
 


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

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

 
2.6

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 4 (2022 - 4).


4.


Debtors

2023
2022
£
£


Trade debtors
50,930
69,147

Other debtors
53,000
55,559

Tax recoverable
1,452
1,452

Deferred taxation
-
6,692

105,382
132,850


Page 4

 


SHIRE PROPERTY INSTALLATIONS LIMITED
 


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

5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
2,200
48,753

Corporation tax
1,295
1,169

Other taxation and social security
131,799
86,361

Other creditors
2,990
2,826

Accruals and deferred income
2,500
2,500

150,784
151,609



6.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
21,666
31,667

21,666
31,667



7.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
21,666
31,667


21,666
31,667



31,666
41,667


 
Page 5