Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312023-06-01falseThe principal activity of the company was that of environmental consultancy services.34truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07256990 2023-06-01 2024-05-31 07256990 2022-06-01 2023-05-31 07256990 2024-05-31 07256990 2023-05-31 07256990 c:Director1 2023-06-01 2024-05-31 07256990 d:MotorVehicles 2023-06-01 2024-05-31 07256990 d:MotorVehicles 2024-05-31 07256990 d:MotorVehicles 2023-05-31 07256990 d:CurrentFinancialInstruments 2024-05-31 07256990 d:CurrentFinancialInstruments 2023-05-31 07256990 d:Non-currentFinancialInstruments 2024-05-31 07256990 d:Non-currentFinancialInstruments 2023-05-31 07256990 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 07256990 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 07256990 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 07256990 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 07256990 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-05-31 07256990 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-05-31 07256990 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-05-31 07256990 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-05-31 07256990 d:ShareCapital 2024-05-31 07256990 d:ShareCapital 2023-05-31 07256990 d:RetainedEarningsAccumulatedLosses 2024-05-31 07256990 d:RetainedEarningsAccumulatedLosses 2023-05-31 07256990 c:FRS102 2023-06-01 2024-05-31 07256990 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07256990 c:FullAccounts 2023-06-01 2024-05-31 07256990 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07256990 2 2023-06-01 2024-05-31 07256990 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number:  07256990














EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
REGISTERED NUMBER: 07256990

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
38,136
62,858

Debtors: amounts falling due within one year
 5 
102,958
134,520

Cash at bank and in hand
 6 
68,228
152,894

  
209,322
350,272

Creditors: amounts falling due within one year
 7 
(207,571)
(278,405)

Net current assets
  
 
 
1,751
 
 
71,867

Total assets less current liabilities
  
1,751
71,867

Creditors: amounts falling due after more than one year
 8 
(11,370)
(21,597)

  

Net (liabilities)/assets
  
(9,619)
50,270


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(9,719)
50,170

  
(9,619)
50,270


Page 1

 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
REGISTERED NUMBER: 07256990
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

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 by: 




................................................
S P Rowan
Director

Date: 26 February 2025

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

Page 2

 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

The Company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England (07256990). The address of the registered office is Fron Fawr Farm, Llanfairtalhaiarn, Abergele, Clwyd, LL12 8DJ.
These financial statements present information about the Company as an individual undertaking. It is not a member of a group of companies. The principal activity of the Company was that of environmental consultancy services.

2.Accounting policies

 
2.1

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

Page 3

 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.3

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:

Motor vehicles
-
25% straight line

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.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

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.

 
2.6

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.

 
2.7

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 4

 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.9

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.

 
2.10

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.11

Interest income

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

 
2.12

Borrowing costs

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

Page 5

 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.13

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.



3.


Employees




The average monthly number of employees, including directors, during the year was 3 (2023 - 4).


4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 June 2023
48,147



At 31 May 2024

48,147



Depreciation


At 1 June 2023
48,147



At 31 May 2024

48,147



Net book value



At 31 May 2024
-



At 31 May 2023
-


5.


Debtors

2024
2023
£
£


Trade debtors
94,881
119,042
Page 6

 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.Debtors (continued)


Other debtors
7,502
13,161

Prepayments and accrued income
575
2,317

102,958
134,520



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
68,228
152,894

68,228
152,894



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,225
9,973

Trade creditors
113,375
184,840

Other taxation and social security
1,690
1,624

Other creditors
75,277
73,964

Accruals and deferred income
7,004
8,004

207,571
278,405



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
11,370
21,597

11,370
21,597


Page 7

 
EARTH & MARINE ENVIRONMENTAL CONSULTANTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,225
9,973

Amounts falling due 1-2 years

Bank loans
10,484
10,225

Amounts falling due 2-5 years

Bank loans
886
11,370


21,595
31,568



10.


Hire purchase and finance leases


2024
2023
£
£

 
-
 
-


11.


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 £15,001 (2023 - £3,958). Contributions totalling £Nil (2023 - £Nil) were payable to the fund at the balance sheet date and are
included in creditors.


12.


Related party transactions

Included within other creditors is an amount owed to S P Rowan, a director, of £75,275 (2023 - £73,964). There are no repayment terms in place and interest of £Nil (2023 - £1,000) has been charged.


13.


Controlling party

The Company is under the control of S P Rowan, a director, by virtue of his majority shareholding.

Page 8