Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true22023-07-01falseHire of plant and machinery3trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12674203 2023-07-01 2024-06-30 12674203 2022-07-01 2023-06-30 12674203 2024-06-30 12674203 2023-06-30 12674203 c:Director3 2023-07-01 2024-06-30 12674203 d:PlantMachinery 2023-07-01 2024-06-30 12674203 d:PlantMachinery 2024-06-30 12674203 d:PlantMachinery 2023-06-30 12674203 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 12674203 d:CurrentFinancialInstruments 2024-06-30 12674203 d:CurrentFinancialInstruments 2023-06-30 12674203 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12674203 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12674203 d:ShareCapital 2024-06-30 12674203 d:ShareCapital 2023-06-30 12674203 d:RetainedEarningsAccumulatedLosses 2024-06-30 12674203 d:RetainedEarningsAccumulatedLosses 2023-06-30 12674203 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 12674203 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 12674203 d:TaxLossesCarry-forwardsDeferredTax 2024-06-30 12674203 d:TaxLossesCarry-forwardsDeferredTax 2023-06-30 12674203 c:OrdinaryShareClass1 2023-07-01 2024-06-30 12674203 c:OrdinaryShareClass1 2024-06-30 12674203 c:OrdinaryShareClass1 2023-06-30 12674203 c:FRS102 2023-07-01 2024-06-30 12674203 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12674203 c:FullAccounts 2023-07-01 2024-06-30 12674203 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12674203 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-06-30 12674203 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-06-30 12674203 d:LeasedAssetsHeldAsLessee 2024-06-30 12674203 d:LeasedAssetsHeldAsLessee 2023-06-30 12674203 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12674203










EVABUILD PLANT LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
EVABUILD PLANT LTD
REGISTERED NUMBER:12674203

BALANCE SHEET
AS AT 30 JUNE 2024

As restated
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
531,058
442,761

  
531,058
442,761

Current assets
  

Debtors: amounts falling due within one year
 6 
94,429
37,827

Cash at bank and in hand
 7 
82,421
52,084

  
176,850
89,911

Creditors: amounts falling due within one year
 8 
(191,464)
(194,462)

Net current liabilities
  
 
 
(14,614)
 
 
(104,551)

Total assets less current liabilities
  
516,444
338,210

Provisions for liabilities
  

Deferred tax
 9 
(121,577)
(84,302)

  
 
 
(121,577)
 
 
(84,302)

Net assets
  
394,867
253,908


Capital and reserves
  

Called up share capital 
 10 
1,000
1,000

Profit and loss account
  
393,867
252,908

  
394,867
253,908


Page 1

 
EVABUILD PLANT LTD
REGISTERED NUMBER:12674203
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 comprehensive income 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 31 October 2024.




L J Evans
Director

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

Page 2

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

EvaBuild Plant Ltd, 12674203, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Ladywell Centre, Newtown, Powys, SY16 1AF.
The company's principal activity is equipment hire. 

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 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.

 
2.3

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.

Page 3

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

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

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

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 a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
15%

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.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

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.

 
2.8

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.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Page 5

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. The resulting accounting  estimates will, by definition, seldom equal the related actual results. In the opinion of the Directors, there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. 


4.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 2).

Page 6

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 July 2023
584,446


Additions
161,734



At 30 June 2024

746,180



Depreciation


At 1 July 2023
141,685


Charge for the year on owned assets
73,437



At 30 June 2024

215,122



Net book value



At 30 June 2024
531,058



At 30 June 2023
442,761

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


2024
2023
£
£



Plant and machinery
-
65,767

-
65,767

Page 7

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Debtors

2024
2023
£
£


Trade debtors
28,152
26,725

Other debtors
66,277
1,966

Prepayments and accrued income
-
9,136

94,429
37,827



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
82,421
52,084

82,421
52,084


Page 8

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Creditors: Amounts falling due within one year

As restated
2024
2023
£
£

Trade creditors
176,285
74,037

Other taxation and social security
9,229
3,490

Obligations under finance lease and hire purchase contracts
-
24,072

Other creditors
-
87,163

Accruals and deferred income
5,950
5,700

191,464
194,462


The following liabilities were secured:

2024
2023
£
£



Obligations under finance lease and hire purchase contracts
-
24,072

-
24,072

Details of security provided:

The above amounts are secured upon the asset to which they relate.

Page 9

 
EVABUILD PLANT LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Deferred taxation




2024


£






At beginning of year
84,302


Charged to profit or loss
37,275



At end of year
121,577

The provision for deferred taxation liability is made up as follows:

2024
2023
£
£


Accelerated capital allowances
121,577
97,047

Tax losses carried forward
-
(12,745)

121,577
84,302


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



11.


Related party transactions

Included within other debtors is a balance due from EvaBuild Limited (both companies are under common control) in the sum of £62,837 (2023: £87,163 creditor which is disclosed in other creditors). Loan repayments of £150,000 have been made in the year. No interest has been charged on the balance and is repayable on demand.

 
Page 10