02802240falseINDUSTRIAL DRILLING SERVICES2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-05-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FRS1022023-06-012024-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:LandBuildings2024-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02802240

ACCESS DRILLING SERVICES LIMITED

ACCOUNTS
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
PO BANCROFT
REGISTERED OFFICE
UNIT 6 MARSH LANE INDUSTRIAL ESTATE
MARSH LANE
NEW MILLS
HIGH PEAK
SK22 4PP
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 Sheet3
Notes To The Accounts4
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 31/05/2024
20242023
Notes££
FIXED ASSETS
Intangible assets3100,000100,000
Tangible assets4314,496243,381
414,496343,381
CURRENT ASSETS
Debtors594,313105,150
Cash at bank and in hand45,95433,342
140,267138,492
CREDITORS: Amounts falling due within one year683,97592,056
NET CURRENT ASSETS56,29246,436
TOTAL ASSETS LESS CURRENT LIABILITIES470,788389,817
CREDITORS: Amounts falling due after more than one year7140,87496,086
NET ASSETS329,914293,731
CAPITAL AND RESERVES
Called up share capital844
Profit and loss account329,910293,727
SHAREHOLDERS' FUNDS329,914293,731
For the year ending 31/05/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/11/2024 and signed on their behalf by
.............................
PO BANCROFT
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery %
Commercial Vehicles %
Fixtures and Fittings %
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20242023
No.No.
Average number of employees66
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/06/2023100,000100,000
At 31/05/2024100,000100,000
Depreciation
At 31/05/2024--
Net Book Amounts
At 31/05/2024100,000100,000
At 31/05/2023100,000100,000

ACCESS DRILLING SERVICES LIMITED

4. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/06/2023165,573365,247312,14242,114885,076
Additions-58,77762,6231,071122,471
Disposals--(29,995)-(29,995)
At 31/05/2024165,573424,024344,77043,185977,552
Depreciation
At 01/06/2023-353,031253,50535,159641,695
Disposals--(27,744)-(27,744)
For the year-17,74829,7521,60549,105
At 31/05/2024-370,779255,51336,764663,056
Net Book Amounts
At 31/05/2024165,57353,24589,2576,421314,496
At 31/05/2023165,57312,21658,6376,955243,381
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors84,720102,477
Other debtors9,5932,673
94,313105,150
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax-4,942
Bank Loan10,00010,000
Hire purchase30,07123,831
Trade creditors27,23730,789
Other creditors3,0678,894
Accruals13,60013,600
83,97592,056
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (secured) >1yr66,28886,162
Hire purchase >1yr74,5869,924
140,87496,086

ACCESS DRILLING SERVICES LIMITED

8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
44