Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsetrue30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-01-01falseNo description of principal activity31 05557024 2023-01-01 2023-12-31 05557024 2023-12-31 05557024 2022-01-01 2022-12-31 05557024 2022-12-31 05557024 c:CompanySecretary1 2023-01-01 2023-12-31 05557024 c:Director1 2023-01-01 2023-12-31 05557024 c:Director2 2023-01-01 2023-12-31 05557024 c:Director3 2023-01-01 2023-12-31 05557024 c:Director4 2023-01-01 2023-12-31 05557024 c:Director4 2023-12-31 05557024 c:Director5 2023-01-01 2023-12-31 05557024 c:Director5 2023-12-31 05557024 c:RegisteredOffice 2023-01-01 2023-12-31 05557024 d:Buildings d:LongLeaseholdAssets 2023-01-01 2023-12-31 05557024 d:Buildings d:LongLeaseholdAssets 2023-12-31 05557024 d:Buildings d:LongLeaseholdAssets 2022-12-31 05557024 d:MotorVehicles 2023-01-01 2023-12-31 05557024 d:MotorVehicles 2023-12-31 05557024 d:MotorVehicles 2022-12-31 05557024 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 05557024 d:FurnitureFittings 2023-01-01 2023-12-31 05557024 d:FurnitureFittings 2023-12-31 05557024 d:FurnitureFittings 2022-12-31 05557024 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 05557024 d:ComputerEquipment 2023-01-01 2023-12-31 05557024 d:ComputerEquipment 2023-12-31 05557024 d:ComputerEquipment 2022-12-31 05557024 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 05557024 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 05557024 d:CurrentFinancialInstruments 2023-12-31 05557024 d:CurrentFinancialInstruments 2022-12-31 05557024 d:Non-currentFinancialInstruments 2023-12-31 05557024 d:Non-currentFinancialInstruments 2022-12-31 05557024 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05557024 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05557024 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05557024 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 05557024 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 05557024 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 05557024 d:ShareCapital 2023-12-31 05557024 d:ShareCapital 2022-12-31 05557024 d:SharePremium 2023-12-31 05557024 d:SharePremium 2022-12-31 05557024 d:RetainedEarningsAccumulatedLosses 2023-12-31 05557024 d:RetainedEarningsAccumulatedLosses 2022-12-31 05557024 c:FRS102 2023-01-01 2023-12-31 05557024 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05557024 c:FullAccounts 2023-01-01 2023-12-31 05557024 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05557024 d:WithinOneYear 2023-12-31 05557024 d:WithinOneYear 2022-12-31 05557024 d:BetweenOneFiveYears 2023-12-31 05557024 d:BetweenOneFiveYears 2022-12-31 05557024 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 05557024 d:HirePurchaseContracts d:WithinOneYear 2022-12-31 05557024 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 05557024 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-12-31 iso4217:GBP xbrli:pure
Company registration number: 05557024







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


AYRE CHAMBERLAIN GAUNT LTD






































img4d76.png                        

 


AYRE CHAMBERLAIN GAUNT LTD
 


 
COMPANY INFORMATION


Directors
David John Ayre 
Matthew James Chamberlain 
Dominic James Gaunt 
Oliver James Wood (resigned 2 October 2023)
Emily Victoria Pallot (resigned 2 October 2023)




Company secretary
David John Ayre



Registered number
05557024



Registered office
Belvedere House
Basing View

Basingstoke

Hampshire

RG21 4HG




Accountants
Menzies LLP
Chartered Accountants

Victoria House

50-58 Victoria Road

Farnborough

Hampshire

GU14 7PG





 


AYRE CHAMBERLAIN GAUNT LTD
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 8


 


AYRE CHAMBERLAIN GAUNT LTD
REGISTERED NUMBER:05557024



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
73,816
102,180

  
73,816
102,180

Current assets
  

Debtors
 5 
389,349
798,790

Cash at bank and in hand
  
97,552
264,867

  
486,901
1,063,657

Creditors: amounts falling due within one year
 6 
(426,240)
(497,168)

Net current assets
  
 
 
60,661
 
 
566,489

Total assets less current liabilities
  
134,477
668,669

Creditors: amounts falling due after more than one year
 7 
(129,787)
(228,616)

Provisions for liabilities
  

Deferred tax
  
-
(20,233)

  
 
 
-
 
 
(20,233)

Net assets
  
4,690
419,820


Capital and reserves
  

Called up share capital 
  
1,042
1,042

Share premium account
  
41,958
41,958

Profit and loss account
  
(38,310)
376,820

  
4,690
419,820


Page 1

 


AYRE CHAMBERLAIN GAUNT LTD
REGISTERED NUMBER:05557024


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




................................................
David John Ayre
Director

Date: 2 April 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 


AYRE CHAMBERLAIN GAUNT LTD
 


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

1.


General information

Ayre Chamberlain Gaunt Ltd is a private company limited by shares, incorporated in England and Wales.  The address of the registered office and principal place of business is disclosed on the company information page.

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 a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future. For this reason, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

 
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

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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

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.

Page 3

 


AYRE CHAMBERLAIN GAUNT LTD
 


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

2.Accounting policies (continued)

 
2.6

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. 
Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. 
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.7

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 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 Statement of Financial Position 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.

Page 4

 


AYRE CHAMBERLAIN GAUNT LTD
 


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

2.Accounting policies (continued)

 
2.8

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 methods below:

Depreciation is provided on the following basis:

Long-term leasehold property
-
20%
Straight line
Motor vehicles
-
20%
Reducing balance
Fixtures and fittings
-
20%
Straight line
Computer equipment
-
20%
Straight line

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.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 31 (2022 - 30).

Page 5

 


AYRE CHAMBERLAIN GAUNT LTD
 


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

4.


Tangible fixed assets





Long-term leasehold property
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2023
51,271
97,720
101,537
228,403
478,931


Additions
-
-
-
2,107
2,107


Disposals
-
-
-
(31,183)
(31,183)



At 31 December 2023

51,271
97,720
101,537
199,327
449,855



Depreciation


At 1 January 2023
51,271
65,227
91,787
168,466
376,751


Charge for the year on owned assets
-
2,493
4,092
23,885
30,470


Disposals
-
-
-
(31,182)
(31,182)



At 31 December 2023

51,271
67,720
95,879
161,169
376,039



Net book value



At 31 December 2023
-
30,000
5,658
38,158
73,816



At 31 December 2022
-
32,493
9,750
59,937
102,180

Page 6

 


AYRE CHAMBERLAIN GAUNT LTD
 


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

5.


Debtors

2023
2022
£
£


Trade debtors
281,664
737,465

Other debtors
25,658
18,391

Prepayments and accrued income
82,027
42,934

389,349
798,790



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
104,752
108,488

Trade creditors
88,774
106,651

Corporation tax
-
90,899

Other taxation and social security
167,229
138,539

Obligations under finance lease and hire purchase contracts
12,536
16,283

Other creditors
13,024
24,080

Accruals and deferred income
39,925
12,228

426,240
497,168



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
129,787
216,080

Net obligations under finance leases and hire purchase contracts
-
12,536

129,787
228,616


Page 7

 


AYRE CHAMBERLAIN GAUNT LTD
 


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

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
104,752
108,488


104,752
108,488


Amounts falling due 2-5 years

Bank loans
129,787
216,080


129,787
216,080


234,539
324,568


The company has loan finance under the Coronavirus Business Interruption Loan Scheme.


9.


Hire purchase and finance leases


Minimum payments under hire purchase and finance lease agreements fall due as follows:

2023
2022
£
£


Within one year
12,536
16,283

Between 1-5 years
-
12,536

12,536
28,819


10.


Commitments under operating leases

At 31 December 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
99,588
74,257

Later than 1 year and not later than 5 years
23,859
50,332

123,447
124,589

 
Page 8