Registered number: 02802240 | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
Prepared By: | ||||||||
WALLER UK LIMITED | ||||||||
ACCOUNTANTS | ||||||||
28A CALLE CAMELIA | ||||||||
URB. CORTIJO DE TORREQUEBRADA | ||||||||
29630 BENALMADENA COSTA | ||||||||
MALAGA SPAIN |
ACCESS DRILLING SERVICES LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
HIGH PEAK | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02802240 | ||||||||
ACCOUNTANTS | ||||||||
WALLER UK LIMITED | ||||||||
ACCOUNTANTS | ||||||||
28A CALLE CAMELIA | ||||||||
URB. CORTIJO DE TORREQUEBRADA | ||||||||
29630 BENALMADENA COSTA | ||||||||
MALAGA SPAIN |
ACCESS DRILLING SERVICES LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
ACCESS DRILLING SERVICES LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
140,267 | 138,492 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 46,436 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 140,874 | 96,086 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 329,910 | 293,727 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | % | |||||||
Commercial Vehicles | % | |||||||
Fixtures and Fittings | % |
1c. Goodwill | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 6 | |||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/06/2023 | 100,000 | 100,000 | ||
At 31/05/2024 | 100,000 | 100,000 | ||
Depreciation | ||||
At 31/05/2024 | - | - | ||
Net Book Amounts | ||||
At 31/05/2024 | ||||
At 31/05/2023 | ||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
4. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | Commercial | Fixtures | |||||||
Buildings | Machinery | Vehicles | and Fittings | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/06/2023 | 165,573 | 365,247 | 312,142 | 42,114 | 885,076 | |||||
Additions | - | 58,777 | 62,623 | 1,071 | 122,471 | |||||
Disposals | - | - | (29,995) | - | (29,995) | |||||
At 31/05/2024 | 165,573 | 424,024 | 344,770 | 43,185 | 977,552 | |||||
Depreciation | ||||||||||
At 01/06/2023 | - | 353,031 | 253,505 | 35,159 | 641,695 | |||||
Disposals | - | - | (27,744) | - | (27,744) | |||||
For the year | - | 17,748 | 29,752 | 1,605 | 49,105 | |||||
At 31/05/2024 | - | 370,779 | 255,513 | 36,764 | 663,056 | |||||
Net Book Amounts | ||||||||||
At 31/05/2024 | 314,496 | |||||||||
At 31/05/2023 | 243,381 | |||||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 84,720 | 102,477 | ||||||
Other debtors | 9,593 | 2,673 | ||||||
94,313 | 105,150 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | - | 4,942 | ||||||
Bank Loan | 10,000 | 10,000 | ||||||
Hire purchase | 30,071 | 23,831 | ||||||
Trade creditors | 27,237 | 30,789 | ||||||
Other creditors | 3,067 | 8,894 | ||||||
Accruals | 13,600 | 13,600 | ||||||
83,975 | 92,056 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 66,288 | 86,162 | ||||||
Hire purchase >1yr | 74,586 | 9,924 | ||||||
140,874 | 96,086 | |||||||
ACCESS DRILLING SERVICES LIMITED | ||||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
4 | 4 | |||||||