Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-31false22023-09-01No description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09840266 2023-09-01 2024-08-31 09840266 2022-09-01 2023-08-31 09840266 2024-08-31 09840266 2023-08-31 09840266 c:Director1 2023-09-01 2024-08-31 09840266 d:PlantMachinery 2023-09-01 2024-08-31 09840266 d:PlantMachinery 2024-08-31 09840266 d:PlantMachinery 2023-08-31 09840266 d:MotorVehicles 2023-09-01 2024-08-31 09840266 d:MotorVehicles 2024-08-31 09840266 d:MotorVehicles 2023-08-31 09840266 d:CurrentFinancialInstruments 2024-08-31 09840266 d:CurrentFinancialInstruments 2023-08-31 09840266 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09840266 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09840266 d:ShareCapital 2024-08-31 09840266 d:ShareCapital 2023-08-31 09840266 d:RetainedEarningsAccumulatedLosses 2024-08-31 09840266 d:RetainedEarningsAccumulatedLosses 2023-08-31 09840266 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 09840266 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 09840266 c:FRS102 2023-09-01 2024-08-31 09840266 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09840266 c:FullAccounts 2023-09-01 2024-08-31 09840266 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09840266 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 09840266










BALDOCK PLANT HIRE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
BALDOCK PLANT HIRE LIMITED
REGISTERED NUMBER: 09840266

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
25,612

  
-
25,612

Current assets
  

Debtors: amounts falling due within one year
 5 
765
745

Cash at bank and in hand
  
33
1,647

  
798
2,392

Creditors: amounts falling due within one year
 6 
(26,678)
(26,424)

Net current liabilities
  
 
 
(25,880)
 
 
(24,032)

Total assets less current liabilities
  
(25,880)
1,580

Provisions for liabilities
  

Deferred tax
 7 
-
(4,252)

  
 
 
-
 
 
(4,252)

Net liabilities
  
(25,880)
(2,672)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(25,980)
(2,772)

  
(25,880)
(2,672)


Page 1

 
BALDOCK PLANT HIRE LIMITED
REGISTERED NUMBER: 09840266
    
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 7 form part of these financial statements.

Page 2

 
BALDOCK PLANT HIRE 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:

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

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.

Page 3

 
BALDOCK PLANT HIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies (continued)

 
1.4

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.


 
1.5

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
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.

Page 4

 
BALDOCK PLANT HIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.Accounting policies (continued)

 
1.6

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.

 
1.7

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.

 
1.8

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.

 
1.9

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.


General information

Baldock Plant Hire Limited is a private company, limited by shares and registered in England.
Its registered number is: 09840266
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 2 (2023 - 2).

Page 5

 
BALDOCK PLANT HIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£





At 1 September 2023
59,203
39,244
98,447


Disposals
(59,203)
(39,244)
(98,447)



At 31 August 2024

-
-
-





At 1 September 2023
50,743
22,092
72,835


Disposals
(50,743)
(22,092)
(72,835)



At 31 August 2024

-
-
-



Net book value



At 31 August 2024
-
-
-



At 31 August 2023
8,460
17,152
25,612


5.


Debtors

2024
2023
£
£


Amounts owed by related companies
20
-

Other debtors
745
745

765
745



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
460
6,584

Other creditors
24,718
13,855

Accruals and deferred income
1,500
5,985

26,678
26,424


Page 6

 
BALDOCK PLANT HIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


Deferred taxation




2024


£






At beginning of year
(4,252)


Utilised in year
4,252



At end of year
-

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
-
(4,252)

-
(4,252)


8.


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. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £808. (2023 - £Nil)

 
Page 7