Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30No description of principal activitytruefalse112023-05-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07217268 2023-05-01 2024-04-30 07217268 2022-05-01 2023-04-30 07217268 2024-04-30 07217268 2023-04-30 07217268 c:Director1 2023-05-01 2024-04-30 07217268 c:RegisteredOffice 2023-05-01 2024-04-30 07217268 d:CurrentFinancialInstruments 2024-04-30 07217268 d:CurrentFinancialInstruments 2023-04-30 07217268 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07217268 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07217268 d:ShareCapital 2024-04-30 07217268 d:ShareCapital 2023-04-30 07217268 d:RetainedEarningsAccumulatedLosses 2024-04-30 07217268 d:RetainedEarningsAccumulatedLosses 2023-04-30 07217268 c:FRS102 2023-05-01 2024-04-30 07217268 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07217268 c:FullAccounts 2023-05-01 2024-04-30 07217268 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07217268 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company registration number: 07217268







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024


INDUSTRIAL DISPOSAL LIMITED






































img025f.png                        

 


INDUSTRIAL DISPOSAL LIMITED
 


 
COMPANY INFORMATION


Director
Jeffery R Gold 




Registered number
07217268



Registered office
8 Millbrook Business Park
Hoe lane

Waltham Abbey

EN9 2RJ




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


INDUSTRIAL DISPOSAL LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 5


 


INDUSTRIAL DISPOSAL LIMITED
REGISTERED NUMBER:07217268



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
41,000
-

Debtors: amounts falling due within one year
 4 
145,837
153,981

Cash at bank and in hand
  
16,188
62,703

  
203,025
216,684

Creditors: amounts falling due within one year
 5 
(66,686)
(71,031)

Net current assets
  
 
 
136,339
 
 
145,653

Total assets less current liabilities
  
136,339
145,653

  

Net assets
  
136,339
145,653


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
136,338
145,652

  
136,339
145,653


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 by: 




Jeffery R Gold
Director

Date: 27 November 2024

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 


INDUSTRIAL DISPOSAL LIMITED
 


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

1.


General information

Industrial Disposal Limited is a private company limited by shares, registered in England and Wales. The
address of its registered office is disclosed on the company information page.

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:

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

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.

 
2.4

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 reporting date in the countries where the Company operates and generates income.

Page 2

 


INDUSTRIAL DISPOSAL LIMITED
 


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

2.Accounting policies (continued)

 
2.5

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 reporting 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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 3

 


INDUSTRIAL DISPOSAL LIMITED
 


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

2.Accounting policies (continued)

 
2.9

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.

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 


INDUSTRIAL DISPOSAL LIMITED
 


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

4.


Debtors

2024
2023
£
£


Trade debtors
2,795
2,454

Other debtors
142,011
151,527

Prepayments and accrued income
1,031
-

145,837
153,981



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
5,906

Other creditors
936
625

Accruals and deferred income
65,750
64,500

66,686
71,031


 
Page 5