Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activitytrue2023-01-01false2325trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04585616 2023-01-01 2023-12-31 04585616 2022-01-01 2022-12-31 04585616 2023-12-31 04585616 2022-12-31 04585616 c:Director1 2023-01-01 2023-12-31 04585616 d:PlantMachinery 2023-01-01 2023-12-31 04585616 d:PlantMachinery 2023-12-31 04585616 d:PlantMachinery 2022-12-31 04585616 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04585616 d:MotorVehicles 2023-01-01 2023-12-31 04585616 d:MotorVehicles 2023-12-31 04585616 d:MotorVehicles 2022-12-31 04585616 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04585616 d:FurnitureFittings 2023-01-01 2023-12-31 04585616 d:OfficeEquipment 2023-01-01 2023-12-31 04585616 d:OfficeEquipment 2023-12-31 04585616 d:OfficeEquipment 2022-12-31 04585616 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04585616 d:ComputerEquipment 2023-01-01 2023-12-31 04585616 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 04585616 d:CurrentFinancialInstruments 2023-12-31 04585616 d:CurrentFinancialInstruments 2022-12-31 04585616 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 04585616 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 04585616 d:ShareCapital 2023-12-31 04585616 d:ShareCapital 2022-12-31 04585616 d:RetainedEarningsAccumulatedLosses 2023-12-31 04585616 d:RetainedEarningsAccumulatedLosses 2022-12-31 04585616 c:FRS102 2023-01-01 2023-12-31 04585616 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04585616 c:FullAccounts 2023-01-01 2023-12-31 04585616 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company registration number: 04585616







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023


GEOTECHNICAL AND ENVIRONMENTAL ASSOCIATES LIMITED






































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GEOTECHNICAL AND ENVIRONMENTAL ASSOCIATES LIMITED
REGISTERED NUMBER:04585616



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
30,360
32,745

  
30,360
32,745

Current assets
  

Stocks
  
86,978
42,807

Debtors: amounts falling due within one year
 5 
913,037
823,412

Cash at bank and in hand
 6 
166,089
259,157

  
1,166,104
1,125,376

Creditors: amounts falling due within one year
 7 
(761,772)
(603,492)

Net current assets
  
 
 
404,332
 
 
521,884

Total assets less current liabilities
  
434,692
554,629

Provisions for liabilities
  

Other provisions
  
(7,140)
(8,186)

  
 
 
(7,140)
 
 
(8,186)

Net assets
  
427,552
546,443


Capital and reserves
  

Called up share capital 
  
5,000
5,000

Profit and loss account
  
422,552
541,443

  
427,552
546,443


Page 1

 


GEOTECHNICAL AND ENVIRONMENTAL ASSOCIATES LIMITED
REGISTERED NUMBER:04585616


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 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 on 20 March 2024.




Stephen Branch
Director

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

Page 2

 


GEOTECHNICAL AND ENVIRONMENTAL ASSOCIATES LIMITED
 


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

1.


General information

Geotechnical and Environmental Associates Limited is a company limited by shares, incorporated in England and Wales. The company's registered number and registered office address can be found 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

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.

Page 3

 


GEOTECHNICAL AND ENVIRONMENTAL ASSOCIATES LIMITED
 


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

2.Accounting policies (continued)

 
2.3

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 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.

 
2.4

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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight line
Motor vehicles
-
25%
straight line
Fixtures and fittings
-
25%
straight line
Computer equipment
-
33%
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.

 
2.5

Stocks

Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

 
2.6

Financial instruments

Page 4

 


GEOTECHNICAL AND ENVIRONMENTAL ASSOCIATES LIMITED
 


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

2.Accounting policies (continued)


2.6
Financial instruments (continued)

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its 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 23 (2022 - 25).


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2023
47,831
44,288
158,686
250,805


Additions
1,370
-
34,327
35,697



At 31 December 2023

49,201
44,288
193,013
286,502



Depreciation


At 1 January 2023
43,396
31,616
143,048
218,060


Charge for the year on owned assets
4,668
11,072
22,342
38,082



At 31 December 2023

48,064
42,688
165,390
256,142



Net book value



At 31 December 2023
1,137
1,600
27,623
30,360



At 31 December 2022
4,435
12,672
15,638
32,745

Page 5

 


GEOTECHNICAL AND ENVIRONMENTAL ASSOCIATES LIMITED
 


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

5.


Debtors

2023
2022
£
£


Trade debtors
845,064
737,669

Amounts owed by group undertakings
-
17,627

Other debtors
17,494
20,894

Prepayments and accrued income
50,479
47,222

913,037
823,412



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
166,089
259,157

166,089
259,157



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
464,250
311,290

Corporation tax
125,174
113,972

Other taxation and social security
146,104
147,825

Other creditors
14,744
8,868

Accruals and deferred income
11,500
21,537

761,772
603,492


 
Page 6