Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-315No description of principal activityfalse2023-02-016truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09496419 2023-02-01 2024-01-31 09496419 2022-01-31 2023-01-31 09496419 2024-01-31 09496419 2023-01-31 09496419 c:Director1 2023-02-01 2024-01-31 09496419 d:Buildings 2023-02-01 2024-01-31 09496419 d:Buildings 2024-01-31 09496419 d:Buildings 2023-01-31 09496419 d:Buildings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09496419 d:FurnitureFittings 2023-02-01 2024-01-31 09496419 d:FurnitureFittings 2024-01-31 09496419 d:FurnitureFittings 2023-01-31 09496419 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09496419 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 09496419 d:CurrentFinancialInstruments 2024-01-31 09496419 d:CurrentFinancialInstruments 2023-01-31 09496419 d:Non-currentFinancialInstruments 2024-01-31 09496419 d:Non-currentFinancialInstruments 2023-01-31 09496419 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09496419 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09496419 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 09496419 d:Non-currentFinancialInstruments d:AfterOneYear 2023-01-31 09496419 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-01-31 09496419 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-01-31 09496419 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-01-31 09496419 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-01-31 09496419 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-01-31 09496419 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-01-31 09496419 d:ShareCapital 2024-01-31 09496419 d:ShareCapital 2023-01-31 09496419 d:RetainedEarningsAccumulatedLosses 2024-01-31 09496419 d:RetainedEarningsAccumulatedLosses 2023-01-31 09496419 c:OrdinaryShareClass2 2023-02-01 2024-01-31 09496419 c:OrdinaryShareClass2 2024-01-31 09496419 c:OrdinaryShareClass2 2023-01-31 09496419 c:OrdinaryShareClass3 2023-02-01 2024-01-31 09496419 c:OrdinaryShareClass3 2024-01-31 09496419 c:OrdinaryShareClass3 2023-01-31 09496419 c:FRS102 2023-02-01 2024-01-31 09496419 c:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09496419 c:FullAccounts 2023-02-01 2024-01-31 09496419 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09496419 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 09496419 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 09496419 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09496419









A&A HENLOW LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
A&A HENLOW LIMITED
REGISTERED NUMBER: 09496419

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,386,685
1,338,328

  
1,386,685
1,338,328

Current assets
  

Stocks
 5 
42,672
50,680

Debtors: amounts falling due within one year
 6 
49,393
106,970

Cash at bank and in hand
  
417
1,001

  
92,482
158,651

Creditors: amounts falling due within one year
 7 
(649,450)
(631,083)

Net current liabilities
  
 
 
(556,968)
 
 
(472,432)

Total assets less current liabilities
  
829,717
865,896

Creditors: amounts falling due after more than one year
 8 
(753,512)
(800,490)

Provisions for liabilities
  

Deferred tax
  
(48,351)
(25,494)

  
 
 
(48,351)
 
 
(25,494)

Net assets
  
27,854
39,912


Capital and reserves
  

Called up share capital 
 11 
100
100

Profit and loss account
  
27,754
39,812

  
27,854
39,912


Page 1

 
A&A HENLOW LIMITED
REGISTERED NUMBER: 09496419
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

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 30 October 2024.




Sundeep Singh Sahota
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 09496419.  The Company's registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, B16 8SP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
2.2

Going concern

The director has prepared the 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:

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.

 
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.

Page 3

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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.

 
2.8

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 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.

Page 4

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.9

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:

Freehold property
-
Fixtures and fittings
-
15%
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.

 
2.10

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 weighted average 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.

 
2.11

Debtors

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

 
2.12

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.

 
2.13

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.

Page 5

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.14

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.

 
2.15

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 5).


4.


Tangible fixed assets





Freehold property
Fixtures and fittings
Total

£
£
£



Cost or valuation


At 1 February 2023
1,089,516
344,896
1,434,412


Additions
45,000
35,075
80,075



At 31 January 2024

1,134,516
379,971
1,514,487



Depreciation


At 1 February 2023
-
96,084
96,084


Charge for the year on owned assets
-
31,718
31,718



At 31 January 2024

-
127,802
127,802



Net book value



At 31 January 2024
1,134,516
252,169
1,386,685



At 31 January 2023
1,089,516
248,812
1,338,328

Page 6

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Stocks

2024
2023
£
£

Finished goods and goods for resale
42,672
50,680

42,672
50,680



6.


Debtors

2024
2023
£
£


Trade debtors
2,239
9,816

Other debtors
47,154
97,154

49,393
106,970



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
386

Bank loans
10,000
10,000

Trade creditors
113,179
66,119

Corporation tax
52,457
66,436

Other taxation and social security
79,950
42,502

Obligations under finance lease and hire purchase contracts
48,509
44,659

Other creditors
339,275
394,901

Accruals and deferred income
6,080
6,080

649,450
631,083


Page 7

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
652,091
657,620

Net obligations under finance leases and hire purchase contracts
101,421
142,870

753,512
800,490


The following liabilities were secured:

2024
2023
£
£



Bank loans
629,914
629,914

629,914
629,914

Details of security provided:

Bank loans are secured against the assets of the company and contain fixed and floating charges. 

Page 8

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
12,500
17,706


12,500
17,706

Amounts falling due after more than 5 years

Bank loans
629,591
629,914

629,591
629,914

662,091
667,620



10.


Deferred taxation




2024


£






At beginning of year
(25,494)


Charged to profit or loss
(22,857)



At end of year
(48,351)

Page 9

 
A&A HENLOW LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
 
10.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(48,351)
(25,494)

(48,351)
(25,494)


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



50 (2023 - 50) Ordinary A shares of £1.00 each
50
50
50 (2023 - 50) Ordinary B shares of £1.00 each
50
50

100

100



12.


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. Contributions totalling £207 (2023 - £149) were payable to the fund at the balance sheet date.


13.Other financial commitments

The company had total commitments at the balance sheet date of £82,139 (2023 - £187,530).


14.


Transactions with directors

As at the balance sheet date £302,163 (2023: £327,750) was due to the director. The loan is interest free and repayable on demand. 

 
Page 10