Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-31falsefalse2023-08-01No description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01350154 2023-08-01 2024-07-31 01350154 2022-08-01 2023-07-31 01350154 2024-07-31 01350154 2023-07-31 01350154 c:Director2 2023-08-01 2024-07-31 01350154 d:Buildings 2023-08-01 2024-07-31 01350154 d:PlantMachinery 2023-08-01 2024-07-31 01350154 d:PlantMachinery 2024-07-31 01350154 d:PlantMachinery 2023-07-31 01350154 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 01350154 d:FurnitureFittings 2023-08-01 2024-07-31 01350154 d:FurnitureFittings 2024-07-31 01350154 d:FurnitureFittings 2023-07-31 01350154 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 01350154 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 01350154 d:CurrentFinancialInstruments 2024-07-31 01350154 d:CurrentFinancialInstruments 2023-07-31 01350154 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 01350154 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 01350154 d:ShareCapital 2024-07-31 01350154 d:ShareCapital 2023-07-31 01350154 d:CapitalRedemptionReserve 2024-07-31 01350154 d:CapitalRedemptionReserve 2023-07-31 01350154 d:RetainedEarningsAccumulatedLosses 2024-07-31 01350154 d:RetainedEarningsAccumulatedLosses 2023-07-31 01350154 c:OrdinaryShareClass1 2023-08-01 2024-07-31 01350154 c:OrdinaryShareClass1 2024-07-31 01350154 c:OrdinaryShareClass1 2023-07-31 01350154 c:FRS102 2023-08-01 2024-07-31 01350154 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 01350154 c:FullAccounts 2023-08-01 2024-07-31 01350154 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 01350154 d:WithinOneYear 2024-07-31 01350154 d:WithinOneYear 2023-07-31 01350154 d:BetweenOneFiveYears 2024-07-31 01350154 d:BetweenOneFiveYears 2023-07-31 01350154 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01350154









C A HENDLEY (ESSEX) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
C A HENDLEY (ESSEX) LIMITED
REGISTERED NUMBER: 01350154

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
951
1,259

Current assets
  

Stocks
  
31,684
13,723

Debtors: amounts falling due within one year
 5 
15,494
27,105

Cash at bank and in hand
  
123,733
838,899

  
170,911
879,727

Creditors: amounts falling due within one year
 6 
(13,558)
(97,689)

Net current assets
  
 
 
157,353
 
 
782,038

  

Net assets
  
158,304
783,297


Capital and reserves
  

Called up share capital 
 7 
1
100

Capital redemption reserve
  
99
-

Profit and loss account
  
158,204
783,197

  
158,304
783,297


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 profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
C A HENDLEY (ESSEX) LIMITED
REGISTERED NUMBER: 01350154
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



K S Hendley
Director

Date: 1 November 2024

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
C A HENDLEY (ESSEX) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

C A Hendley (Essex) Ltd ("the company") is a private company limited by shares, incorporated in England and Wales. Its registration number is 01350154. The registered office is Leytonstone House, Leytonstone, London, E11 1GA.

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

Going concern

The financial statements have been prepared 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:

- the company has transferred the significant risks and rewards of ownership to the buyer;
- the amount of revenue can be measured reliably;
- it is probably 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.
The company manufactures and sells scientific equipment. Revenue is recognised when the goods have been delivered to the customer.

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to the Statement of income and retained earnings on a straight-line basis over the lease term.

 
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.

Page 3

 
C A HENDLEY (ESSEX) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, provided on the following annual bases.


Freehold property
-
2%
straight line
Plant and machinery
-
20%
straight line
Furniture, fittings and 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 the Statement of income and retained earnings.

 
2.6

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 includes all direct costs and an appropriate proportion of fixed and variable 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 the Statement of income and retained earnings.

 
2.7

Debtors

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

 
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.

 
2.9

Creditors

Short term creditors are measured at the transaction price. 

 
2.10

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 the Statement of income and retained earnings 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.

Page 4

 
C A HENDLEY (ESSEX) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.11

Taxation

Tax is recognised in the Statement of income and retained earnings 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.


3.


Employees

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

Page 5

 
C A HENDLEY (ESSEX) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Plant and machinery
Furniture, fittings and equipment
Total

£
£
£



Cost or valuation


At 1 August 2023
7,335
2,103
9,438



At 31 July 2024

7,335
2,103
9,438



Depreciation


At 1 August 2023
7,335
844
8,179


Charge for the year on owned assets
-
308
308



At 31 July 2024

7,335
1,152
8,487



Net book value



At 31 July 2024
-
951
951



At 31 July 2023
-
1,259
1,259


5.


Debtors

2024
2023
£
£


Trade debtors
13,716
25,604

Prepayments
1,778
1,501

15,494
27,105


Page 6

 
C A HENDLEY (ESSEX) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Payments received on account
-
242

Trade creditors
191
241

Corporation tax
4,296
88,191

Other taxation and social security
6,571
6,515

Accruals and deferred income
2,500
2,500

13,558
97,689



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 100) Ordinary share of £1
1
100

During the year, 99 Ordinary £1 shares were repurchased by the company for total consideration of £647,413.



8.


Pension commitments

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the funds in respect of the year.
The assets of the scheme are held separately from those of the company in independently managed funds. There were no outstanding contributions to the scheme at the year end 
(2023 - £Nil). The pension charge for the year amounted to £26,000 (2023 - £16,000).


9.


Commitments under operating leases

At 31 July 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
10,887
10,887

Later than 1 year and not later than 5 years
908
11,795

11,795
22,682

 
Page 7