Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31falsefalse147The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-09-01Provision of general cleaning and support services177truetrue 01916151 2023-09-01 2024-08-31 01916151 2022-09-01 2023-08-31 01916151 2024-08-31 01916151 2023-08-31 01916151 2022-09-01 01916151 c:Director2 2023-09-01 2024-08-31 01916151 c:Director4 2023-09-01 2024-08-31 01916151 d:PlantMachinery 2023-09-01 2024-08-31 01916151 d:PlantMachinery 2024-08-31 01916151 d:PlantMachinery 2023-08-31 01916151 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 01916151 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 01916151 d:MotorVehicles 2023-09-01 2024-08-31 01916151 d:MotorVehicles 2024-08-31 01916151 d:MotorVehicles 2023-08-31 01916151 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 01916151 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 01916151 d:FurnitureFittings 2023-09-01 2024-08-31 01916151 d:FurnitureFittings 2024-08-31 01916151 d:FurnitureFittings 2023-08-31 01916151 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 01916151 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 01916151 d:ComputerEquipment 2023-09-01 2024-08-31 01916151 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 01916151 d:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 01916151 d:CurrentFinancialInstruments 2024-08-31 01916151 d:CurrentFinancialInstruments 2023-08-31 01916151 d:Non-currentFinancialInstruments 2024-08-31 01916151 d:Non-currentFinancialInstruments 2023-08-31 01916151 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 01916151 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 01916151 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 01916151 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 01916151 d:ShareCapital 2024-08-31 01916151 d:ShareCapital 2023-08-31 01916151 d:RetainedEarningsAccumulatedLosses 2024-08-31 01916151 d:RetainedEarningsAccumulatedLosses 2023-08-31 01916151 c:OrdinaryShareClass1 2023-09-01 2024-08-31 01916151 c:OrdinaryShareClass1 2024-08-31 01916151 c:OrdinaryShareClass1 2023-08-31 01916151 c:OrdinaryShareClass2 2023-09-01 2024-08-31 01916151 c:OrdinaryShareClass2 2023-08-31 01916151 c:FRS102 2023-09-01 2024-08-31 01916151 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 01916151 c:FullAccounts 2023-09-01 2024-08-31 01916151 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 01916151 d:HirePurchaseContracts d:WithinOneYear 2024-08-31 01916151 d:HirePurchaseContracts d:WithinOneYear 2023-08-31 01916151 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-08-31 01916151 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-08-31 01916151 2 2023-09-01 2024-08-31 01916151 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 01916151 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 01916151 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-08-31 01916151 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-08-31 01916151 d:LeasedAssetsHeldAsLessee 2024-08-31 01916151 d:LeasedAssetsHeldAsLessee 2023-08-31 01916151 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01916151









AMBASSADOR SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
AMBASSADOR SERVICES LIMITED
REGISTERED NUMBER: 01916151

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
341,602
473,640

Current assets
  

Stocks
 5 
42,897
42,897

Debtors: amounts falling due within one year
 6 
1,432,064
905,911

Cash at bank and in hand
 7 
143,354
781,097

  
1,618,315
1,729,905

Creditors: amounts falling due within one year
 8 
(770,365)
(781,350)

Net current assets
  
 
 
847,950
 
 
948,555

Total assets less current liabilities
  
1,189,552
1,422,195

Creditors: amounts falling due after more than one year
 9 
(27,022)
(87,327)

Provisions for liabilities
  

Deferred tax
 11 
(79,983)
(111,111)

Net assets
  
1,082,547
1,223,757


Capital and reserves
  

Called up share capital 
 12 
20,000
20,200

Profit and loss account
  
1,062,547
1,203,557

  
1,082,547
1,223,757


Page 1

 
AMBASSADOR SERVICES LIMITED
REGISTERED NUMBER: 01916151
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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
 20 November 2024.




P Robinson
M Page
Director
Director

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

Page 2

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Ambassador Services Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent, DA2 6QA. The principal activity of the company during the year has been the provision of general cleaning and support services.

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.

 
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

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

Page 3

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to the Statement of comprehensive income 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

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.

  
2.7

Invoice discounting

The company discounts its trade debts. The accounting policy is to include trade debtors discounted with recourse within trade debtors due within one year and the returnable element of proceeds is recorded within bank loans and overdrafts due within one year. Discount fees are charged to the profit and loss account when payable. Bad debts are borne by the company and are charged to the Statement of comprehensive income account when incurred.

Page 4

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 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 the Statement of comprehensive income 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,  on the following basis:


Plant & Machinery
-
20%
straight line
Motor Vehicles
-
20%
straight line
Fixtures & Fittings
-
20%
straight line
Office Equipment
-
50%
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.

Page 5

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 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 the Statement of comprehensive income.

 
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

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.

  
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. 

  
2.16

Leasing and hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the Statement of comprehensive income account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Page 6

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 177 (2023 - 147).


4.


Tangible fixed assets





Plant & Machinery
Motor Vehicles
Fixtures & Fittings
Total

£
£
£
£



Cost or valuation


At 1 September 2023
108,740
823,036
21,591
953,367


Additions
3,850
44,702
-
48,552


Disposals
(27,500)
(108,185)
-
(135,685)



At 31 August 2024

85,090
759,553
21,591
866,234



Depreciation


At 1 September 2023
39,980
418,156
21,591
479,727


Charge for the year on owned assets
16,202
71,928
-
88,130


Charge for the year on financed assets
-
58,361
-
58,361


Disposals
(15,125)
(86,461)
-
(101,586)



At 31 August 2024

41,057
461,984
21,591
524,632



Net book value



At 31 August 2024
44,033
297,569
-
341,602



At 31 August 2023
68,760
404,880
-
473,640

Page 7

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

           4.Tangible fixed assets (continued)

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


2024
2023
£
£



Motor vehicles
154,590
241,160

154,590
241,160


5.


Stocks

2024
2023
£
£

Stock
42,897
42,897

42,897
42,897



6.


Debtors

2024
2023
£
£


Trade debtors
712,829
860,741

Amounts owed by parent company
680,086
-

Other debtors
7,500
220

Prepayments and accrued income
31,649
44,950

1,432,064
905,911



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
143,354
781,097

143,354
781,097


Page 8

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
65,697
86,077

Corporation tax
182,772
129,867

Other taxation and social security
285,298
252,901

Obligations under finance lease and hire purchase contracts
66,333
72,828

Other creditors
46,467
186,866

Accruals and deferred income
123,798
52,811

770,365
781,350



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
27,022
87,327

27,022
87,327



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
66,333
72,828

Between 1-5 years
27,022
87,327

93,355
160,155

Net obligations under finance lease and hire purchase contracts are secured upon the assets to which they relate.

Page 9

 
AMBASSADOR SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

11.


Deferred taxation




2024
2023


£

£






At beginning of year
(111,111)
(70,046)


Charged to profit or loss
31,128
(41,065)



At end of year
(79,983)
(111,111)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(79,983)
(111,111)

(79,983)
(111,111)


12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



20,000 (2023 - 20,000) Ordinary 'A' shares of £1.00 each
20,000
20,000
Nil (2023 - 200) Ordinary 'B' shares of £1.00 each
-
200

20,000

20,200

The Ordinary 'B' shares held no voting rights nor rights to participation on winding up in excess of amounts paid up per share. The ordinary B shares were cancelled on 13th February 2024.



13.


Related party transactions

The directors had an interest in dividends paid during the year of £40,125 (2023: £280,500).
Included within other creditors due within one year is an amount due to a director of £13,097 
(2023: £81,158).


14.


Controlling party

The ultimate parent company is Ambassador Services Group Holdings Limited, a company incorporated in England and Wales.

 
Page 10