Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-302truefalseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22022-12-01truefalse 08789085 2022-12-01 2023-11-30 08789085 2021-12-01 2022-11-30 08789085 2023-11-30 08789085 2022-11-30 08789085 c:Director1 2022-12-01 2023-11-30 08789085 d:PlantMachinery 2022-12-01 2023-11-30 08789085 d:PlantMachinery 2023-11-30 08789085 d:PlantMachinery 2022-11-30 08789085 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08789085 d:MotorVehicles 2022-12-01 2023-11-30 08789085 d:MotorVehicles 2023-11-30 08789085 d:MotorVehicles 2022-11-30 08789085 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08789085 d:OfficeEquipment 2022-12-01 2023-11-30 08789085 d:OfficeEquipment 2023-11-30 08789085 d:OfficeEquipment 2022-11-30 08789085 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08789085 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 08789085 d:CurrentFinancialInstruments 2023-11-30 08789085 d:CurrentFinancialInstruments 2022-11-30 08789085 d:Non-currentFinancialInstruments 2023-11-30 08789085 d:Non-currentFinancialInstruments 2022-11-30 08789085 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08789085 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08789085 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 08789085 d:Non-currentFinancialInstruments d:AfterOneYear 2022-11-30 08789085 d:ShareCapital 2023-11-30 08789085 d:ShareCapital 2022-11-30 08789085 d:RetainedEarningsAccumulatedLosses 2023-11-30 08789085 d:RetainedEarningsAccumulatedLosses 2022-11-30 08789085 c:FRS102 2022-12-01 2023-11-30 08789085 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 08789085 c:FullAccounts 2022-12-01 2023-11-30 08789085 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08789085 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 08789085










SN MECHANICAL SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
SN MECHANICAL SERVICES LIMITED
REGISTERED NUMBER: 08789085

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,574
7,432

  
5,574
7,432

Current assets
  

Debtors: amounts falling due within one year
 5 
73,067
19,064

Cash at bank and in hand
  
28,032
61,584

Creditors: amounts falling due within one year
 7 
(88,403)
(46,744)

Net current assets
  
 
 
12,696
 
 
33,904

Total assets less current liabilities
  
18,270
41,336

Creditors: amounts falling due after more than one year
 8 
(14,989)
(24,814)

  

Net assets
  
3,281
16,522


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
3,181
16,422

  
3,281
16,522


Page 1

 
SN MECHANICAL SERVICES LIMITED
REGISTERED NUMBER: 08789085
    
STATEMENT OF FINANCIAL POSITION (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 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: 






S B Norman
Director

Date: 27 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SN MECHANICAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

SN Mechanical Services Limited (registered number: 08789085) is a private company limited by shares and incorporated in England & Wales. The registered office address is 29 Alma Way, Farnham, Surrey, GU9 0QN.

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.

Page 3

 
SN MECHANICAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.3

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.

 
2.4

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%
Motor vehicles
-
25%
Office equipment
-
25%

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.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

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.

 
2.7

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 4

 
SN MECHANICAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.8

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.


3.


Employees



The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 December 2022
750
16,150
749
17,649



At 30 November 2023

750
16,150
749
17,649



Depreciation


At 1 December 2022
693
9,337
187
10,217


Charge for the year on owned assets
14
1,703
141
1,858



At 30 November 2023

707
11,040
328
12,075



Net book value



At 30 November 2023
43
5,110
421
5,574



At 30 November 2022
57
6,813
562
7,432

Page 5

 
SN MECHANICAL SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
64,483
18,388

Other debtors
8,410
503

Prepayments and accrued income
174
173

73,067
19,064



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
28,032
61,584

28,032
61,584



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
9,825
10,648

Corporation tax
24,098
24,663

Other taxation and social security
15,184
9,963

Other creditors
38,196
370

Accruals and deferred income
1,100
1,100

88,403
46,744



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
14,989
24,814

14,989
24,814


Page 6