Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-3032022-12-01truefalsebuilding company3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04323202 2022-12-01 2023-11-30 04323202 2021-12-01 2022-11-30 04323202 2023-11-30 04323202 2022-11-30 04323202 2021-12-01 04323202 c:Director1 2022-12-01 2023-11-30 04323202 c:RegisteredOffice 2022-12-01 2023-11-30 04323202 d:PlantMachinery 2022-12-01 2023-11-30 04323202 d:PlantMachinery 2023-11-30 04323202 d:PlantMachinery 2022-11-30 04323202 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04323202 d:MotorVehicles 2022-12-01 2023-11-30 04323202 d:MotorVehicles 2023-11-30 04323202 d:MotorVehicles 2022-11-30 04323202 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04323202 d:ComputerEquipment 2022-12-01 2023-11-30 04323202 d:ComputerEquipment 2023-11-30 04323202 d:ComputerEquipment 2022-11-30 04323202 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04323202 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 04323202 d:ComputerSoftware 2023-11-30 04323202 d:ComputerSoftware 2022-11-30 04323202 d:OtherResidualIntangibleAssets 2022-12-01 2023-11-30 04323202 d:CurrentFinancialInstruments 2023-11-30 04323202 d:CurrentFinancialInstruments 2022-11-30 04323202 d:Non-currentFinancialInstruments 2023-11-30 04323202 d:Non-currentFinancialInstruments 2022-11-30 04323202 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 04323202 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 04323202 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 04323202 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 04323202 d:ShareCapital 2023-11-30 04323202 d:ShareCapital 2022-11-30 04323202 d:RetainedEarningsAccumulatedLosses 2023-11-30 04323202 d:RetainedEarningsAccumulatedLosses 2022-11-30 04323202 c:OrdinaryShareClass1 2022-12-01 2023-11-30 04323202 c:OrdinaryShareClass1 2023-11-30 04323202 c:OrdinaryShareClass1 2022-11-30 04323202 c:FRS102 2022-12-01 2023-11-30 04323202 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 04323202 c:FullAccounts 2022-12-01 2023-11-30 04323202 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 04323202 d:HirePurchaseContracts d:WithinOneYear 2023-11-30 04323202 d:HirePurchaseContracts d:WithinOneYear 2022-11-30 04323202 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-11-30 04323202 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-11-30 04323202 d:HirePurchaseContracts d:MoreThanFiveYears 2023-11-30 04323202 d:HirePurchaseContracts d:MoreThanFiveYears 2022-11-30 04323202 d:AcceleratedTaxDepreciationDeferredTax 2023-11-30 04323202 d:AcceleratedTaxDepreciationDeferredTax 2022-11-30 04323202 d:TaxLossesCarry-forwardsDeferredTax 2023-11-30 04323202 d:TaxLossesCarry-forwardsDeferredTax 2022-11-30 04323202 d:ComputerSoftware d:ExternallyAcquiredIntangibleAssets 2022-12-01 2023-11-30 04323202 2 2022-12-01 2023-11-30 04323202 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-30 04323202 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-11-30 04323202 d:ComputerSoftware d:OwnedIntangibleAssets 2022-12-01 2023-11-30 04323202 e:PoundSterling 2022-12-01 2023-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 04323202









ARCHERY BUILDING SERVICES LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
ARCHERY BUILDING SERVICES LIMITED
 

COMPANY INFORMATION


Director
Mr N R King 




Registered number
04323202



Registered office
Hallgate
Dene Road

Ashtead

Surrey

KT21 1EE




Accountants
Price Bailey LLP
Chartered Accountants

Tennyson House

Cambridge Business Park

Cambridge

CB4 0WZ





 
ARCHERY BUILDING SERVICES LIMITED
 

CONTENTS



Page
Balance Sheet
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 9


 
ARCHERY BUILDING SERVICES LIMITED
REGISTERED NUMBER: 04323202

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 3 
3,320
3,020

Tangible assets
 4 
30,342
10,223

  
33,662
13,243

Current assets
  

Stocks
 5 
7,287
4,692

Debtors: amounts falling due within one year
 6 
1,478
4,384

Cash at bank and in hand
 7 
54,104
87,903

  
62,869
96,979

Creditors: amounts falling due within one year
 8 
(29,501)
(49,469)

Net current assets
  
 
 
33,368
 
 
47,510

Total assets less current liabilities
  
67,030
60,753

Creditors: amounts falling due after more than one year
 9 
(7,275)
-

Provisions for liabilities
  

Deferred tax
 11 
(4,359)
(612)

Net assets
  
55,396
60,141


Capital and reserves
  

Called up share capital 
 12 
1
1

Profit and loss account
  
55,395
60,140

  
55,396
60,141


Page 1

 
ARCHERY BUILDING SERVICES LIMITED
REGISTERED NUMBER: 04323202

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 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: 




Mr N R King
Director

Date: 21 August 2024

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

Page 2

 
ARCHERY BUILDING SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Archery Building Services Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is Hallgate, Dene Road, Ashtead, Surrey, KT21 1EE. The principal activity of the company continued to be that of the provision of building services.

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 Company's functional and presentational currency is GBP. These financial statements are rounded to the nearest pound.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus the director considers it appropriate to continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

Page 3

 
ARCHERY BUILDING SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

  
2.4

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 the following bases:
           Plant & machinery   -    25% reducing balance
  Motor vehicles   -    25% reducing balance
  Computer equipment   -    50% straight line

  
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Work in progress and finished goods include labour and attributable overheads.

  
2.6

Debtors

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

 
2.7

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.

 The estimated useful lives range as follows:

Website
-
4
years

 
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. 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.

  
2.9

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.
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.

Page 4

 
ARCHERY BUILDING SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

  
2.10

Creditors

Short term creditors are measured at the transaction price.

 
2.11

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.

 
2.12

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.13

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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.14

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.15

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 5

 
ARCHERY BUILDING SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.16

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 corporation 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balance sheet date.


3.


Intangible assets




Website

£



Cost


At 1 December 2022
3,536


Additions
1,216



At 30 November 2023

4,752



Amortisation


At 1 December 2022
516


Charge for the year on owned assets
916



At 30 November 2023

1,432



Net book value



At 30 November 2023
3,320



At 30 November 2022
3,020



Page 6

 
ARCHERY BUILDING SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Computer equipment
Total

£
£
£
£



Cost


At 1 December 2022
1,324
21,935
1,203
24,462


Additions
-
33,890
649
34,539


Disposals
-
(21,935)
-
(21,935)



At 30 November 2023

1,324
33,890
1,852
37,066



Depreciation


At 1 December 2022
354
12,682
1,203
14,239


Charge for the year on owned assets
243
4,924
-
5,167


Disposals
-
(12,682)
-
(12,682)



At 30 November 2023

597
4,924
1,203
6,724



Net book value



At 30 November 2023
727
28,966
649
30,342



At 30 November 2022
970
9,253
-
10,223

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022
£
£



Motor vehicles
28,966
9,253


5.


Stocks

2023
2022
£
£

Work in progress
7,287
4,692


Page 7

 
ARCHERY BUILDING SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Debtors

2023
2022
£
£


Trade debtors
-
2,864

Other debtors
30
-

Prepayments and accrued income
1,448
1,520

1,478
4,384



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
54,104
87,903



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
6,259
13,766

Corporation tax
5,890
8,611

Other taxation and social security
5,504
3,209

Obligations under finance lease and hire purchase contracts
3,007
4,239

Other creditors
7,491
18,002

Accruals and deferred income
1,350
1,642

29,501
49,469



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
7,275
-


Obligations under finance leases and hire purchase contratcs are secured against the assets to which they relate.

Page 8

 
ARCHERY BUILDING SERVICES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
3,006
4,239

Between 1-5 years
3,006
-

Over 5 years
4,269
-

10,281
4,239


11.


Deferred taxation




2023
2022


£

£






At beginning of year
(612)
(2,387)


Charged to profit or loss
(3,747)
1,775



At end of year
(4,359)
(612)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
5,765
1,942

Other timing differences
(1,406)
(1,330)

(4,359)
(612)


12.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1.00
1
1



13.


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 £11,800 (2022 - £16,900). Contributions totalling £7,400 (2022 - £7,000) were payable to the fund at the balance sheet date and are included in creditors.

Page 9