Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-3012false2023-05-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05649668 2023-05-01 2024-04-30 05649668 2022-05-01 2023-04-30 05649668 2024-04-30 05649668 2023-04-30 05649668 c:Director2 2023-05-01 2024-04-30 05649668 d:Buildings 2023-05-01 2024-04-30 05649668 d:Buildings 2024-04-30 05649668 d:Buildings 2023-04-30 05649668 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05649668 d:PlantMachinery 2023-05-01 2024-04-30 05649668 d:PlantMachinery 2024-04-30 05649668 d:PlantMachinery 2023-04-30 05649668 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05649668 d:MotorVehicles 2023-05-01 2024-04-30 05649668 d:MotorVehicles 2024-04-30 05649668 d:MotorVehicles 2023-04-30 05649668 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05649668 d:FurnitureFittings 2023-05-01 2024-04-30 05649668 d:FurnitureFittings 2024-04-30 05649668 d:FurnitureFittings 2023-04-30 05649668 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05649668 d:OfficeEquipment 2023-05-01 2024-04-30 05649668 d:OfficeEquipment 2024-04-30 05649668 d:OfficeEquipment 2023-04-30 05649668 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05649668 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05649668 d:Goodwill 2024-04-30 05649668 d:Goodwill 2023-04-30 05649668 d:CurrentFinancialInstruments 2024-04-30 05649668 d:CurrentFinancialInstruments 2023-04-30 05649668 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05649668 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 05649668 d:ShareCapital 2024-04-30 05649668 d:ShareCapital 2023-04-30 05649668 d:RetainedEarningsAccumulatedLosses 2024-04-30 05649668 d:RetainedEarningsAccumulatedLosses 2023-04-30 05649668 c:OrdinaryShareClass1 2023-05-01 2024-04-30 05649668 c:OrdinaryShareClass1 2024-04-30 05649668 c:OrdinaryShareClass1 2023-04-30 05649668 c:FRS102 2023-05-01 2024-04-30 05649668 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05649668 c:FullAccounts 2023-05-01 2024-04-30 05649668 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05649668 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 05649668 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 05649668 d:RetirementBenefitObligationsDeferredTax 2024-04-30 05649668 d:RetirementBenefitObligationsDeferredTax 2023-04-30 05649668 2 2023-05-01 2024-04-30 05649668 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05649668









CITY FLEET CARE LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
CITY FLEET CARE LTD
REGISTERED NUMBER: 05649668

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
206,201
28,662

  
206,201
28,662

Current assets
  

Stocks
  
20,000
28,000

Debtors: amounts falling due within one year
 6 
185,195
185,591

Cash at bank and in hand
  
413,526
378,639

  
618,721
592,230

Creditors: amounts falling due within one year
 7 
(172,379)
(191,642)

Net current assets
  
 
 
446,342
 
 
400,588

Total assets less current liabilities
  
652,543
429,250

Provisions for liabilities
  

Deferred tax
 8 
(49,674)
(5,184)

  
 
 
(49,674)
 
 
(5,184)

Net assets
  
602,869
424,066


Capital and reserves
  

Called up share capital 
 9 
100
100

Profit and loss account
  
602,769
423,966

  
602,869
424,066


Page 1

 
CITY FLEET CARE LTD
REGISTERED NUMBER: 05649668
    
BALANCE SHEET (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 9 January 2025.




Mrs Tracey Anne Jinks
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
CITY FLEET CARE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 05649668  The Company's registered office is 78a Wharfdale Road, Tyseley, Birmingham, West Midlands, B11 2DE.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

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.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
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

 
CITY FLEET CARE LTD
 
 
 
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

Interest income

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

 
2.5

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.

 
2.6

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 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.

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.8

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

 
CITY FLEET CARE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

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:

Plant and machinery
-
20% straight line
Motor vehicles
-
20% straight line
Fixtures and fittings
-
20% straight line
Office equipment
-
20% 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.

 
2.9

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 weighted average 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.

 
2.10

Debtors

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

 
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.

Page 5

 
CITY FLEET CARE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.13

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.

 
2.14

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 12 (2023 - 11).


4.


Intangible assets




Goodwill

£



Cost


At 1 May 2023
174,000



At 30 April 2024

174,000



Amortisation


At 1 May 2023
174,000



At 30 April 2024

174,000



Net book value



At 30 April 2024
-



At 30 April 2023
-



Page 6

 
CITY FLEET CARE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment

£
£
£
£
£



Cost or valuation


At 1 May 2023
17,895
110,389
14,835
7,927
48,269


Additions
-
156,102
18,750
19,584
450


Disposals
(17,895)
(25,945)
-
-
-



At 30 April 2024

-
240,546
33,585
27,511
48,719



Depreciation


At 1 May 2023
17,895
87,895
11,368
6,727
46,767


Charge for the year on owned assets
-
11,143
4,175
1,576
454


Disposals
-
(25,945)
-
-
-


On revalued assets
(17,895)
-
-
-
-



At 30 April 2024

-
73,093
15,543
8,303
47,221



Net book value



At 30 April 2024
-
167,453
18,042
19,208
1,498



At 30 April 2023
-
22,494
3,467
1,199
1,502
Page 7

 
CITY FLEET CARE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

           5.Tangible fixed assets (continued)


Total

£



Cost or valuation


At 1 May 2023
199,315


Additions
194,886


Disposals
(43,840)



At 30 April 2024

350,361



Depreciation


At 1 May 2023
170,652


Charge for the year on owned assets
17,348


Disposals
(25,945)


On revalued assets
(17,895)



At 30 April 2024

144,160



Net book value



At 30 April 2024
206,201



At 30 April 2023
28,662

Page 8

 
CITY FLEET CARE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Trade debtors
155,198
152,708

Amounts owed by group undertakings
8,052
8,039

Prepayments and accrued income
21,945
24,844

185,195
185,591



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
97,372
55,934

Corporation tax
43,711
84,337

Other taxation and social security
12,231
37,056

Other creditors
5,542
5,907

Accruals and deferred income
13,523
8,408

172,379
191,642



8.


Deferred taxation




2024


£






At beginning of year
(5,184)


Charged to profit or loss
(44,491)



At end of year
(49,675)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(49,727)
(5,226)

Pension surplus
52
43

(49,675)
(5,183)

Page 9

 
CITY FLEET CARE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



10.


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. Contributions totalling £211 (2023 - £170) were payable to the fund at the balance sheet date and are included in creditors.


11.Financial commitments

The company had total commitments at the balance sheet date of £204,474 (2023 - £51,600)


12.


Related party transactions

Included withing other creditors are directors loans amounting to £890 (2023 - £890). 
Loans with directors are interest free and repayable on demand. 


13.


Controlling party

The ultimate and immediate parent company is DJJ Motor Group Limited a company registered in England and Wales. The registered office of the parent company is  78a Wharfdale Road, Tyseley, Birmingham, West Midlands, B11 2DE.

 
Page 10