Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseNo description of principal activity32truefalse 11469075 2023-08-01 2024-07-31 11469075 2022-08-01 2023-07-31 11469075 2024-07-31 11469075 2023-07-31 11469075 c:Director1 2023-08-01 2024-07-31 11469075 c:RegisteredOffice 2023-08-01 2024-07-31 11469075 d:PlantMachinery 2023-08-01 2024-07-31 11469075 d:CurrentFinancialInstruments 2024-07-31 11469075 d:CurrentFinancialInstruments 2023-07-31 11469075 d:Non-currentFinancialInstruments 2024-07-31 11469075 d:Non-currentFinancialInstruments 2023-07-31 11469075 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 11469075 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 11469075 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 11469075 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 11469075 d:ShareCapital 2024-07-31 11469075 d:ShareCapital 2023-07-31 11469075 d:RetainedEarningsAccumulatedLosses 2024-07-31 11469075 d:RetainedEarningsAccumulatedLosses 2023-07-31 11469075 c:FRS102 2023-08-01 2024-07-31 11469075 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 11469075 c:FullAccounts 2023-08-01 2024-07-31 11469075 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11469075 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company registration number: 11469075







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2024


HENLOW MOTOR SERVICES LTD






































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HENLOW MOTOR SERVICES LTD
 


 
COMPANY INFORMATION


Director
R Neophytou 




Registered number
11469075



Registered office
15b-15c High Street

Henlow

SG16 6BS




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

SG1 3QP





 


HENLOW MOTOR SERVICES LTD
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


HENLOW MOTOR SERVICES LTD
REGISTERED NUMBER:11469075



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
10,000
10,000

Cash at bank and in hand
  
71,133
35,197

  
81,133
45,197

Creditors: amounts falling due within one year
 4 
(67,616)
(35,651)

Net current assets
  
 
 
13,517
 
 
9,546

Total assets less current liabilities
  
13,517
9,546

Creditors: amounts falling due after more than one year
 5 
(3,333)
(7,333)

  

Net assets
  
10,184
2,213


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
10,084
2,113

  
10,184
2,213


Page 1

 


HENLOW MOTOR SERVICES LTD
REGISTERED NUMBER:11469075


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 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 by: 




................................................
R Neophytou
Director

Date: 5 March 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


HENLOW MOTOR SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Henlow Motor Services Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.
The presentation currency of the financial statements is the Pound Sterling (£).  

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 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:

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.

Page 3

 


HENLOW MOTOR SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.3

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.

 
2.4

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 reporting date in the countries where the Company operates and generates income.

 
2.5

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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%

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.

 
2.6

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 reporting 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.

Page 4

 


HENLOW MOTOR SERVICES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 2).


4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
4,000
4,000

Trade creditors
1,707
1,337

Corporation tax
19,194
12,813

Other taxation and social security
31,675
10,595

Other creditors
3,455
271

Accruals and deferred income
7,585
6,635

67,616
35,651



5.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
3,333
7,333

3,333
7,333



6.


Related party transactions

At the reporting date the company owed £83 (2023: £36) to the director. The balance can be found within creditors due within one year and no interest is being charged on this.

 
Page 5