Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-309112023-05-01falsefalseNo description of principal activityfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. SC064927 2023-05-01 2024-04-30 SC064927 2022-05-01 2023-04-30 SC064927 2024-04-30 SC064927 2023-04-30 SC064927 c:Director1 2023-05-01 2024-04-30 SC064927 c:Director2 2023-05-01 2024-04-30 SC064927 c:Director3 2023-05-01 2024-04-30 SC064927 c:Director3 2024-04-30 SC064927 c:Director4 2023-05-01 2024-04-30 SC064927 c:Director4 2024-04-30 SC064927 c:RegisteredOffice 2023-05-01 2024-04-30 SC064927 d:Buildings 2023-05-01 2024-04-30 SC064927 d:Buildings 2024-04-30 SC064927 d:Buildings 2023-04-30 SC064927 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC064927 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 SC064927 d:Buildings d:LongLeaseholdAssets 2024-04-30 SC064927 d:Buildings d:LongLeaseholdAssets 2023-04-30 SC064927 d:PlantMachinery 2023-05-01 2024-04-30 SC064927 d:PlantMachinery 2024-04-30 SC064927 d:PlantMachinery 2023-04-30 SC064927 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC064927 d:MotorVehicles 2023-05-01 2024-04-30 SC064927 d:MotorVehicles 2024-04-30 SC064927 d:MotorVehicles 2023-04-30 SC064927 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC064927 d:OfficeEquipment 2023-05-01 2024-04-30 SC064927 d:OfficeEquipment 2024-04-30 SC064927 d:OfficeEquipment 2023-04-30 SC064927 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC064927 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC064927 d:CurrentFinancialInstruments 2024-04-30 SC064927 d:CurrentFinancialInstruments 2023-04-30 SC064927 d:Non-currentFinancialInstruments 2024-04-30 SC064927 d:Non-currentFinancialInstruments 2023-04-30 SC064927 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 SC064927 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC064927 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 SC064927 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 SC064927 d:ShareCapital 2024-04-30 SC064927 d:ShareCapital 2023-04-30 SC064927 d:RetainedEarningsAccumulatedLosses 2024-04-30 SC064927 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC064927 c:OrdinaryShareClass1 2023-05-01 2024-04-30 SC064927 c:OrdinaryShareClass1 2024-04-30 SC064927 c:OrdinaryShareClass1 2023-04-30 SC064927 c:FRS102 2023-05-01 2024-04-30 SC064927 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC064927 c:FullAccounts 2023-05-01 2024-04-30 SC064927 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC064927 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: SC064927










GEYER PLANT SERVICES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

 
GEYER PLANT SERVICES LIMITED
 

COMPANY INFORMATION


Directors
Mr J W Geyer 
Mrs J M Geyer 
Mr H I Geyer (appointed 23 February 2024)
Mr R J Geyer (appointed 23 February 2024)




Registered number
SC064927



Registered office
Shiresmill Farm

Blairhall

Fife

KY12 8ER




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
GEYER PLANT SERVICES LIMITED
REGISTERED NUMBER: SC064927

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
172,546
296,077

  
172,546
296,077

Current assets
  

Stocks
  
99,014
80,909

Debtors: amounts falling due within one year
 5 
150,792
121,773

Bank and cash balances
  
39,959
5,304

  
289,765
207,986

Creditors: amounts falling due within one year
 6 
(173,012)
(173,756)

Net current assets
  
 
 
116,753
 
 
34,230

Total assets less current liabilities
  
289,299
330,307

Creditors: amounts falling due after more than one year
 7 
(180,839)
(202,758)

Provisions for liabilities
  

Deferred tax
  
(6,852)
(2,910)

  
 
 
(6,852)
 
 
(2,910)

Net assets
  
101,608
124,639


Capital and reserves
  

Called up share capital 
 8 
2,000
2,000

Profit and loss account
  
99,608
122,639

  
101,608
124,639


Page 1

 
GEYER PLANT SERVICES LIMITED
REGISTERED NUMBER: SC064927

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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 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 12 December 2024.




Mr J W Geyer
Director

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

Page 2

 
GEYER PLANT SERVICES LIMITED
 

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

1.


General information

Geyer Plant Services Limited is a private company, limited by shares, incorporated in Scotland with registration number SC064927. The registered office is Shiresmill Farm, Blairhall, KY12 8ER.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

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

Turnover

Turnover 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. Turnover 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

Turnover 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

Turnover 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

 
GEYER PLANT SERVICES LIMITED
 

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

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting 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 reporting date.

 
2.6

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.

Page 4

 
GEYER PLANT SERVICES LIMITED
 

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

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Heritable property
-
2% straight line
Long-term leasehold property
-
10% straight line
Plant and machinery
-
20% reducing balance
Motor vehicles
-
25% reducing balance
Office equipment
-
20% 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.

 
2.7

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.

 
2.8

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.9

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 11 (2023 - 9).

Page 5
 


 
GEYER PLANT SERVICES LIMITED


 

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


4.


Tangible fixed assets






Freehold property
Long-term leasehold property
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 May 2023
244,736
122,323
241,270
21,660
6,757
636,746


Additions
-
15,523
39,262
5,000
10,203
69,988


Disposals
(244,736)
-
(15,650)
-
-
(260,386)



At 30 April 2024

-
137,846
264,882
26,660
16,960
446,348



Depreciation


At 1 May 2023
88,110
110,816
118,256
18,283
5,204
340,669


Charge for the year on owned assets
3,671
1,438
24,681
1,091
2,171
33,052


Disposals
(91,781)
-
(8,138)
-
-
(99,919)



At 30 April 2024

-
112,254
134,799
19,374
7,375
273,802



Net book value



At 30 April 2024
-
25,592
130,083
7,286
9,585
172,546



At 30 April 2023
156,626
11,507
123,014
3,377
1,553
296,077

Page 6
 
GEYER PLANT SERVICES LIMITED
 

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

5.


Debtors

2024
2023
£
£


Trade debtors
107,425
118,585

Other debtors
42,639
2,581

Prepayments and accrued income
728
607

150,792
121,773



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
1,830

Bank loans
10,000
10,000

Trade creditors
110,630
103,472

Other taxation and social security
7,321
6,334

Obligations under finance lease and hire purchase contracts
11,548
10,246

Other creditors
29,804
38,210

Accruals and deferred income
3,709
3,664

173,012
173,756


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


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
13,231
23,153

Net obligations under finance leases and hire purchase contracts
21,174
33,171

Other creditors
146,434
146,434

180,839
202,758


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

Page 7

 
GEYER PLANT SERVICES LIMITED
 

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

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2,000 (2023 - 2,000) Ordinary shares of £1.00 each
2,000
2,000



Page 8