Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302022-12-01false11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12324534 2022-12-01 2023-11-30 12324534 2021-12-01 2022-11-30 12324534 2023-11-30 12324534 2022-11-30 12324534 c:Director1 2022-12-01 2023-11-30 12324534 d:MotorVehicles 2022-12-01 2023-11-30 12324534 d:MotorVehicles 2023-11-30 12324534 d:MotorVehicles 2022-11-30 12324534 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12324534 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 12324534 d:OfficeEquipment 2022-12-01 2023-11-30 12324534 d:OfficeEquipment 2023-11-30 12324534 d:OfficeEquipment 2022-11-30 12324534 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12324534 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 12324534 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 12324534 d:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 12324534 d:CurrentFinancialInstruments 2023-11-30 12324534 d:CurrentFinancialInstruments 2022-11-30 12324534 d:Non-currentFinancialInstruments 2023-11-30 12324534 d:Non-currentFinancialInstruments 2022-11-30 12324534 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 12324534 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 12324534 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 12324534 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 12324534 d:ShareCapital 2023-11-30 12324534 d:ShareCapital 2022-11-30 12324534 d:RetainedEarningsAccumulatedLosses 2023-11-30 12324534 d:RetainedEarningsAccumulatedLosses 2022-11-30 12324534 c:FRS102 2022-12-01 2023-11-30 12324534 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 12324534 c:FullAccounts 2022-12-01 2023-11-30 12324534 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 12324534 2 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 12324534










CONSTRUCTION AND DEMOLITION SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 8


 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
REGISTERED NUMBER: 12324534

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
7,032

Current assets
  

Stocks
  
-
462,730

Debtors
 5 
147,049
34,334

Cash at bank and in hand
  
616
462

  
147,665
497,526

Creditors: amounts falling due within one year
 6 
(14,450)
(481,582)

Net current assets
  
 
 
133,215
 
 
15,944

Total assets less current liabilities
  
133,215
22,976

Creditors: amounts falling due after more than one year
 7 
(20,699)
(39,216)

  

Net assets/(liabilities)
  
112,516
(16,240)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
112,416
(16,340)

  
112,516
(16,240)

Page 1

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
REGISTERED NUMBER: 12324534
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

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 profit and loss account 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 27 November 2024.




S. T. Clark
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

Construction and Demolition Services Limited (the Company) is a private company, limited by shares, incorporated and domiciled in England. The address of its registered office is Ryknild House, Burnett Road, Birmingham, West Midlands, England, B74 3EL, which is also the address of its principal place of business.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is dependent upon the ultimate parent company. The ultimate parent company has indicated that they will continue to provide the financial support necessary to enable the company to continue in operational existence for the foreseeable future.  Accordingly, these financial statements have been prepared on the 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:

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.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to 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

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.6

Taxation

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.

 
2.7

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:

Motor vehicles
-
25%
straight line
Office equipment
-
33%
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 4

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.8

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 SELECT OR ENTER METHOD 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.

 
2.9

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.

 
2.10

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.

 
2.11

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 December 2022
26,349
2,614
28,963


Disposals
(26,349)
-
(26,349)



At 30 November 2023

-
2,614
2,614



Depreciation


At 1 December 2022
19,761
2,170
21,931


Charge for the year on owned assets
-
444
444


Charge for the year on financed assets
2,196
-
2,196


Disposals
(21,957)
-
(21,957)



At 30 November 2023

-
2,614
2,614



Net book value



At 30 November 2023
-
-
-



At 30 November 2022
6,588
444
7,032


5.


Debtors

2023
2022
£
£


Trade debtors
20,797
-

Amounts owed by group undertakings
125,263
33,639

Other debtors
989
695

147,049
34,334


Page 6

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
10,000
10,000

Trade creditors
9
9

Amounts owed to group undertakings
-
462,730

Obligations under finance lease and hire purchase contracts
-
4,608

Other creditors
373
373

Accruals and deferred income
4,068
3,862

14,450
481,582


The following liabilities were secured:

2023
2022
£
£



Bank loan
10,000
10,000

Obligations under finance and hire purchase contracts
-
4,608

10,000
14,608

Details of security provided:

Obligations under finance leases and hire purchase contracts are secured by the company on the assets to which they relate.

Page 7

 
CONSTRUCTION AND DEMOLITION SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loan
20,699
30,000

Net obligations under finance leases and hire purchase contracts
-
9,216

20,699
39,216


The following liabilities were secured:

2023
2022
£
£


Bank loans
20,699
30,000

Net obligations under finance and hire purchase contracts
-
9,216

20,699
39,216

Details of security provided:

The bank loan is secured by government guarantee.
Obligations under finance leases and hire purchase contracts are secured by the company on the assets to which they relate.


8.


Controlling party

The company's immediate and ultimate parent undertaking is Mercia Real Estate Ltd. The registered address and principal place of business for both companies is Maddox House, 117 Edmund Street, Birmingham, West Midlands, England, B3 2HJ.
 
Page 8