Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-312023-11-01falseNo description of principal activity21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09242992 2023-11-01 2024-10-31 09242992 2022-11-01 2023-10-31 09242992 2024-10-31 09242992 2023-10-31 09242992 c:Director1 2023-11-01 2024-10-31 09242992 c:Director2 2023-11-01 2024-10-31 09242992 d:Buildings d:LongLeaseholdAssets 2023-11-01 2024-10-31 09242992 d:MotorVehicles 2023-11-01 2024-10-31 09242992 d:MotorVehicles 2024-10-31 09242992 d:MotorVehicles 2023-10-31 09242992 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09242992 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 09242992 d:OfficeEquipment 2023-11-01 2024-10-31 09242992 d:OfficeEquipment 2024-10-31 09242992 d:OfficeEquipment 2023-10-31 09242992 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09242992 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 09242992 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09242992 d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 09242992 d:CurrentFinancialInstruments 2024-10-31 09242992 d:CurrentFinancialInstruments 2023-10-31 09242992 d:Non-currentFinancialInstruments 2024-10-31 09242992 d:Non-currentFinancialInstruments 2023-10-31 09242992 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 09242992 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 09242992 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-10-31 09242992 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-10-31 09242992 c:FRS102 2023-11-01 2024-10-31 09242992 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09242992 c:FullAccounts 2023-11-01 2024-10-31 09242992 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09242992 d:HirePurchaseContracts d:WithinOneYear 2024-10-31 09242992 d:HirePurchaseContracts d:WithinOneYear 2023-10-31 09242992 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-10-31 09242992 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-10-31 09242992 2 2023-11-01 2024-10-31 09242992 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 09242992










ARMFIELD GLASS UK LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
ARMFIELD GLASS UK LIMITED
REGISTERED NUMBER: 09242992

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
£
£


Fixed assets
162,733
35,993

Current assets
259,684
240,295

Creditors: amounts falling due within one year
(104,514)
(94,531)

Net current assets
 
 
155,170
 
 
145,764

Total assets less current liabilities
317,903
181,757

Creditors: amounts falling due after more than one year
(23,411)
(16,769)


Net assets
294,492
164,988



Capital and reserves
294,492
164,988


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 6 February 2025.




C Smith
M Armfield
Director
Director

The notes on pages 2 to 6 form part of these financial statements.
Page 1

 
ARMFIELD GLASS UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.Accounting policies

 
1.1

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:

 
1.2

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.

 
1.3

Interest income

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

 
1.4

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.

 
1.5

Borrowing costs

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

Page 2

 
ARMFIELD GLASS UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.Accounting policies (continued)

 
1.6

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.


 
1.7

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, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Motor vehicles
-
25% Reducing balance
Office equipment
-

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.

 
1.8

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.

 
1.9

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.

 
1.10

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

 
ARMFIELD GLASS UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.


General information

Armfield Glass UK Limited is a private limited company incorporated in England and Wales.
The registered office is Kingsridge House, 601 London Road, Westcliff-On-Sea, Essex, SS0 9PE.


3.


Employees

2024
2023
£
£

Wages and salaries
81,250
12,000

Social security costs
53
-

81,303
12,000


The average monthly number of employees, including directors, during the year was 2 (2023 - 1).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 November 2023
34,994
999
35,993


Additions
146,706
657
147,363



At 31 October 2024

181,700
1,656
183,356



Depreciation


Charge for the year on owned assets
14,994
552
15,546


Charge for the year on financed assets
5,077
-
5,077



At 31 October 2024

20,071
552
20,623



Net book value



At 31 October 2024
161,629
1,104
162,733



At 31 October 2023
34,994
999
35,993

Page 4

 
ARMFIELD GLASS UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
99,999

Other debtors
25,000
90,000

Prepayments and accrued income
6,382
-

31,382
189,999



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
228,302
50,297

228,302
50,297



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
9,860
9,860

Trade creditors
221
33,338

Corporation tax
24,212
8,138

Other taxation and social security
60,604
35,415

Obligations under finance lease and hire purchase contracts
9,607
-

Other creditors
10
7,780

104,514
94,531



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
7,527
16,769

Net obligations under finance leases and hire purchase contracts
15,884
-

23,411
16,769


Page 5

 
ARMFIELD GLASS UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
9,860
9,860


9,860
9,860


Amounts falling due 2-5 years

Bank loans
7,527
16,769


7,527
16,769


17,387
26,629



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
9,607
-

Between 1-5 years
15,884
-

25,491
-


11.


Related party transactions

The amount owing to the director of the company at the balance sheet date was £10


Page 6