Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30falseNo description of principal activity2023-07-01false99truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 1175066 2023-07-01 2024-06-30 1175066 2022-07-01 2023-06-30 1175066 2024-06-30 1175066 2023-06-30 1175066 c:Director2 2023-07-01 2024-06-30 1175066 d:PlantMachinery 2023-07-01 2024-06-30 1175066 d:PlantMachinery 2024-06-30 1175066 d:PlantMachinery 2023-06-30 1175066 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 1175066 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 1175066 d:MotorVehicles 2023-07-01 2024-06-30 1175066 d:MotorVehicles 2024-06-30 1175066 d:MotorVehicles 2023-06-30 1175066 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 1175066 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 1175066 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 1175066 d:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 1175066 d:CurrentFinancialInstruments 2024-06-30 1175066 d:CurrentFinancialInstruments 2023-06-30 1175066 d:Non-currentFinancialInstruments 2024-06-30 1175066 d:Non-currentFinancialInstruments 2023-06-30 1175066 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 1175066 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 1175066 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 1175066 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 1175066 d:ShareCapital 2024-06-30 1175066 d:ShareCapital 2023-06-30 1175066 d:RetainedEarningsAccumulatedLosses 2024-06-30 1175066 d:RetainedEarningsAccumulatedLosses 2023-06-30 1175066 c:FRS102 2023-07-01 2024-06-30 1175066 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 1175066 c:FullAccounts 2023-07-01 2024-06-30 1175066 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 1175066 d:HirePurchaseContracts d:WithinOneYear 2024-06-30 1175066 d:HirePurchaseContracts d:WithinOneYear 2023-06-30 1175066 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-06-30 1175066 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-06-30 1175066 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 1175066 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 1175066 2 2023-07-01 2024-06-30 1175066 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-06-30 1175066 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-06-30 1175066 d:LeasedAssetsHeldAsLessee 2024-06-30 1175066 d:LeasedAssetsHeldAsLessee 2023-06-30 1175066 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 1175066










G A EVANS (AERIAL SYSTEMS) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
G A EVANS (AERIAL SYSTEMS) LIMITED
REGISTERED NUMBER: 1175066

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
38,689
46,341

  
38,689
46,341

Current assets
  

Stocks
  
15,420
16,995

Debtors: amounts falling due within one year
 5 
111,297
92,597

Cash at bank and in hand
 6 
39,269
68,379

  
165,986
177,971

Creditors: amounts falling due within one year
 7 
(82,597)
(70,687)

Net current assets
  
 
 
83,389
 
 
107,284

Total assets less current liabilities
  
122,078
153,625

Creditors: amounts falling due after more than one year
 8 
-
(4,481)

Provisions for liabilities
  

Deferred tax
 10 
(6,295)
(7,993)

  
 
 
(6,295)
 
 
(7,993)

Net assets
  
115,783
141,151


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
115,683
141,051

  
115,783
141,151


Page 1

 
G A EVANS (AERIAL SYSTEMS) LIMITED
REGISTERED NUMBER: 1175066

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 12 November 2024.




R M Evans
Director

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

Page 2

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

G A Evans (Aerial Systems) Limited is a company incorporated in England and Wales
The company's principle place of business is Signal House, Linton Road, Loose, Maidstone, ME15 0AS.

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:

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.

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

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.

Page 3

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

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.

 
2.7

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.

Page 4

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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.


 
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, as follows.

Depreciation is provided on the following basis:

Plant and machinery
-
10% reducing balance and 25% straight line
Motor vehicles
-
25% reducing balance

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.

Page 5

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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 first in, first out 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. 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.

 
2.12

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.

 
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.

Page 6

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees

2024
2023
£
£

Wages and salaries
246,744
243,087

Cost of defined contribution scheme
11,208
17,090

257,952
260,177


The average monthly number of employees, including directors, during the year was 9 (2023 - 9).


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 July 2023
41,222
86,936
128,158


Additions
4,780
-
4,780



At 30 June 2024

46,002
86,936
132,938



Depreciation


At 1 July 2023
36,006
45,811
81,817


Charge for the year on owned assets
2,150
6,476
8,626


Charge for the year on financed assets
-
3,806
3,806



At 30 June 2024

38,156
56,093
94,249



Net book value



At 30 June 2024
7,846
30,843
38,689



At 30 June 2023
5,216
41,125
46,341

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


2024
2023
£
£



Motor vehicles
11,418
15,223

11,418
15,223

Page 7

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
104,710
91,924

Other debtors
539
-

Prepayments and accrued income
6,048
673

111,297
92,597



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
39,269
68,379

39,269
68,379



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
61,019
43,117

Corporation tax
12,833
17,036

Other taxation and social security
3,664
3,876

Obligations under finance lease and hire purchase contracts
4,481
5,058

Accruals and deferred income
600
1,600

82,597
70,687


The following liabilities were secured:

2024
2023
£
£



Obligations under finance lease and hire purchase contracts
4,481
5,058

4,481
5,058

Details of security provided:

Secured against specific motor vehicles.

Page 8

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
4,481

-
4,481


The following liabilities were secured:

2024
2023
£
£



Net obligations under finance leases and hire purchase contracts
-
4,481

-
4,481

Details of security provided:

Secured against specific motor vehicles.


9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
4,614
5,537

Between 1-5 years
-
4,614

4,614
10,151

Page 9

 
G A EVANS (AERIAL SYSTEMS) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.


Deferred taxation




2024


£






At beginning of year
(7,993)


Charged to profit or loss
1,698



At end of year
(6,295)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(6,295)
(7,993)

(6,295)
(7,993)


11.


Pension commitments

The company contributes to money purchase pension schemes in respect of certain directors and employees. The pension charge represents the amounts paid by the company to the schemes during the year and amounted to £11,209 (2023 : £17,090). Contributions totalling £2,327 (2023 : £1,141) were payable to the fund at the balance sheet date and included in creditors.


Page 10