Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312023-09-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03015781 2023-09-01 2024-08-31 03015781 2022-09-01 2023-08-31 03015781 2024-08-31 03015781 2023-08-31 03015781 c:Director1 2023-09-01 2024-08-31 03015781 d:FurnitureFittings 2023-09-01 2024-08-31 03015781 d:FurnitureFittings 2024-08-31 03015781 d:FurnitureFittings 2023-08-31 03015781 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03015781 d:OfficeEquipment 2023-09-01 2024-08-31 03015781 d:OfficeEquipment 2024-08-31 03015781 d:OfficeEquipment 2023-08-31 03015781 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03015781 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 03015781 d:CurrentFinancialInstruments 2024-08-31 03015781 d:CurrentFinancialInstruments 2023-08-31 03015781 d:Non-currentFinancialInstruments 2024-08-31 03015781 d:Non-currentFinancialInstruments 2023-08-31 03015781 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 03015781 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 03015781 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 03015781 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 03015781 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 03015781 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 03015781 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-31 03015781 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-08-31 03015781 d:ShareCapital 2024-08-31 03015781 d:ShareCapital 2023-08-31 03015781 d:RetainedEarningsAccumulatedLosses 2024-08-31 03015781 d:RetainedEarningsAccumulatedLosses 2023-08-31 03015781 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 03015781 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 03015781 c:FRS102 2023-09-01 2024-08-31 03015781 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 03015781 c:FullAccounts 2023-09-01 2024-08-31 03015781 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 03015781 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 03015781










MICROPILING (EASTERN) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
MICROPILING (EASTERN) LIMITED
REGISTERED NUMBER: 03015781

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,899
3,917

  
2,899
3,917

Current assets
  

Debtors: amounts falling due within one year
 5 
49,817
74,605

Cash at bank and in hand
  
5,807
14,702

  
55,624
89,307

Creditors: amounts falling due within one year
 6 
(74,982)
(78,248)

Net current (liabilities)/assets
  
 
 
(19,358)
 
 
11,059

Total assets less current liabilities
  
(16,459)
14,976

Creditors: amounts falling due after more than one year
 7 
(8,813)
(19,033)

Provisions for liabilities
  

Deferred tax
  
(551)
(744)

  
 
 
(551)
 
 
(744)

Net liabilities
  
(25,823)
(4,801)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(25,825)
(4,803)

  
(25,823)
(4,801)


Page 1

 
MICROPILING (EASTERN) LIMITED
REGISTERED NUMBER: 03015781
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

The director considers 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 director acknowledges his 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 7 February 2025.




J S Strachan
Director

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

Page 2

 
MICROPILING (EASTERN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 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:

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

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.

 
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 3

 
MICROPILING (EASTERN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies (continued)

 
1.6

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.

 
1.7

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 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.


 
1.8

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

 
MICROPILING (EASTERN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies (continued)


1.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
reducing balance
Office equipment
-
33%
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.

 
1.9

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.

 
1.10

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.

 
1.11

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.

 
1.12

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.

Page 5

 
MICROPILING (EASTERN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.


General information

Micropiling (Eastern) Limited is a private company, limited by shares and registered in England.
Its registered number is: 03015781
Its registered office is:
1c Ashtons Lane
Baldock
Hertfordshire
SG7 6JJ


3.


Employees

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


4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 September 2023
4,670
991
5,661



At 31 August 2024

4,670
991
5,661



Depreciation


At 1 September 2023
1,242
502
1,744


Charge for the year on owned assets
857
161
1,018



At 31 August 2024

2,099
663
2,762



Net book value



At 31 August 2024
2,571
328
2,899



At 31 August 2023
3,428
489
3,917

Page 6

 
MICROPILING (EASTERN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Debtors

2024
2023
£
£


Trade debtors
31,624
59,461

Amounts owed by related parties
16,670
12,104

Other debtors
1,523
3,040

49,817
74,605



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,249
10,059

Trade creditors
30,709
37,174

Other taxation and social security
1,965
487

Other creditors
30,259
29,778

Accruals and deferred income
1,800
750

74,982
78,248



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
8,813
19,033

8,813
19,033


Page 7

 
MICROPILING (EASTERN) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,249
10,059


10,249
10,059

Amounts falling due 1-2 years

Bank loans
8,813
10,314


8,813
10,314

Amounts falling due 2-5 years

Bank loans
-
8,720


-
8,720


19,062
29,093



9.


Deferred taxation




2024


£






At beginning of year
(744)


Utilised in year
193



At end of year
(551)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(551)
(744)

(551)
(744)

 
Page 8