Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31Removals1false2023-01-01false6truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13709611 2023-01-01 2023-12-31 13709611 2021-10-28 2022-12-31 13709611 2023-12-31 13709611 2022-12-31 13709611 c:Director2 2023-01-01 2023-12-31 13709611 d:PlantMachinery 2023-01-01 2023-12-31 13709611 d:PlantMachinery 2023-12-31 13709611 d:PlantMachinery 2022-12-31 13709611 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 13709611 d:CurrentFinancialInstruments 2023-12-31 13709611 d:CurrentFinancialInstruments 2022-12-31 13709611 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13709611 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13709611 d:ShareCapital 2023-12-31 13709611 d:ShareCapital 2022-12-31 13709611 d:RetainedEarningsAccumulatedLosses 2023-12-31 13709611 d:RetainedEarningsAccumulatedLosses 2022-12-31 13709611 c:FRS102 2023-01-01 2023-12-31 13709611 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13709611 c:FullAccounts 2023-01-01 2023-12-31 13709611 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13709611 2 2023-01-01 2023-12-31 13709611 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 13709611









SALISBURY REMOVALS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
SALISBURY REMOVALS LIMITED
REGISTERED NUMBER: 13709611

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
844
1,125

  
844
1,125

Current assets
  

Debtors: amounts falling due within one year
 5 
9,051
48,671

Cash at bank and in hand
 6 
7,940
9,003

  
16,991
57,674

Creditors: amounts falling due within one year
 7 
(41,473)
(34,301)

Net current (liabilities)/assets
  
 
 
(24,482)
 
 
23,373

Total assets less current liabilities
  
(23,638)
24,498

  

Net (liabilities)/assets
  
(23,638)
24,498


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(23,639)
24,497

  
(23,638)
24,498

Page 1

 
SALISBURY REMOVALS LIMITED
REGISTERED NUMBER: 13709611
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 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 28 November 2024.




................................................
Henry Langdon
Director

The notes on pages 3 to 8 form part of these financial statements.
Page 2

 
SALISBURY REMOVALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales. The principal activity of the Company throughout the year was that of removals. 

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 accounts have been prepared on a going concern basis. The Company is dependent on the continuing support of the Director, which she has pledged for the forseeable future.

 
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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
SALISBURY REMOVALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
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.

 
2.8

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.

 
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 a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
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.

 
2.10

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.

Page 4

 
SALISBURY REMOVALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.11

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.

 
2.12

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.


3.


Employees

Year ended
31 December
Period ended
31 December
2023
2022
£
£

Wages and salaries
174,424
44,602

Social security costs
8,831
1,131

Cost of defined contribution scheme
2,228
260

185,483
45,993


The average monthly number of employees, including directors, during the year/period was 6 (2022 - 1).

Page 5

 
SALISBURY REMOVALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 January 2023
1,500



At 31 December 2023

1,500



Depreciation


At 1 January 2023
375


Charge for the year on owned assets
281



At 31 December 2023

656



Net book value



At 31 December 2023
844



At 31 December 2022
1,125

Page 6

 
SALISBURY REMOVALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
770
4,531

Amounts owed by group undertakings
-
44,140

Prepayments and accrued income
8,281
-

9,051
48,671



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,940
9,003

Less: bank overdrafts
(751)
(1,113)

7,189
7,890



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
751
1,113

Trade creditors
1,991
-

Amounts owed to group undertakings
9,755
-

Corporation tax
375
5,812

Other taxation and social security
18,695
23,552

Other creditors
7,841
2,424

Accruals and deferred income
2,065
1,400

41,473
34,301


Included in other creditors is a balance of £Nil (2022 - £2,262) in relation to the Director Alice Langdon. 


8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £2,228 (2022 - £260). Contributions totaling £1,322 (2022 - £163) were payable to the fund at the balance sheet date.

Page 7

 
SALISBURY REMOVALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

9.


Controlling party

The Company is controlled by the Director, Alice Langdon, by virtue of her shareholding, as described in the Directors' report.
 
Page 8