Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-01falsedental practice activities.22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09748213 2023-09-01 2024-08-31 09748213 2024-08-31 09748213 2022-09-01 2023-08-31 09748213 2023-08-31 09748213 c:Director1 2023-09-01 2024-08-31 09748213 d:MotorVehicles 2023-09-01 2024-08-31 09748213 d:MotorVehicles 2024-08-31 09748213 d:MotorVehicles 2023-08-31 09748213 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09748213 d:OfficeEquipment 2023-09-01 2024-08-31 09748213 d:OfficeEquipment 2024-08-31 09748213 d:OfficeEquipment 2023-08-31 09748213 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09748213 d:ComputerEquipment 2023-09-01 2024-08-31 09748213 d:ComputerEquipment 2024-08-31 09748213 d:ComputerEquipment 2023-08-31 09748213 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09748213 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09748213 d:CurrentFinancialInstruments 2024-08-31 09748213 d:CurrentFinancialInstruments 2023-08-31 09748213 d:Non-currentFinancialInstruments 2024-08-31 09748213 d:Non-currentFinancialInstruments 2023-08-31 09748213 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09748213 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09748213 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 09748213 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 09748213 d:ShareCapital 2024-08-31 09748213 d:ShareCapital 2023-08-31 09748213 d:RetainedEarningsAccumulatedLosses 2024-08-31 09748213 d:RetainedEarningsAccumulatedLosses 2023-08-31 09748213 c:FRS102 2023-09-01 2024-08-31 09748213 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09748213 c:FullAccounts 2023-09-01 2024-08-31 09748213 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09748213 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 09748213













A & V Pringle Ltd

Financial statements
Information for filing with the registrar

31 August 2024




 
A & V Pringle Ltd


Balance sheet
At 31 August 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
30,089
44,692

  
30,089
44,692

Current assets
  

Debtors
 5 
89,364
82,473

Cash at bank and in hand
  
77,619
94,788

  
166,983
177,261

Creditors: amounts falling due within one year
 6 
(43,281)
(44,030)

Net current assets
  
 
 
123,702
 
 
133,231

Total assets less current liabilities
  
153,791
177,923

Creditors: amounts falling due after more than one year
 7 
-
(13,200)

Provisions for liabilities
  

Deferred tax
  
(7,522)
(11,173)

Net assets
  
146,269
153,550


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
146,267
153,548

Shareholders' funds
  
146,269
153,550


1

 
A & V Pringle Ltd

    
Balance sheet (continued)
At 31 August 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 comprehensive income 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 10 March 2025.




A M Pringle
Director

Registered number: 09748213
The notes on pages 3 to 6 form part of these financial statements. 
2

 
A & V Pringle Ltd
 
 

Notes to the financial statements
Year ended 31 August 2024

1.


General information

A & V Pringle Ltd ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of the registered office is 2nd Floor Citygate, St James' Boulevard, Newcastle upon Tyne, Tyne and Wear, NE1 4JE.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland (FRS 102) and the Companies Act 2006.

 
2.2

Revenue

The turnover in the profit and loss account represents associate work performed during the period.

 
2.3

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 balance sheet date in the countries where the company operates and generates income.


 
2.4

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:

Motor vehicles
-
25%
reducing balance
Dental equipment
-
20%
reducing balance
Computer equipment
-
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.

 
2.5

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.
3

 
A & V Pringle Ltd
 

 
Notes to the financial statements
Year ended 31 August 2024

2.Accounting policies (continued)


2.5
Financial instruments (continued)


Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

4

 
A & V Pringle Ltd
 
 

Notes to the financial statements
Year ended 31 August 2024

3.


Employees

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


4.


Tangible fixed assets





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



Cost


At 1 September 2023
51,320
29,505
4,057
84,882


Additions
-
-
2,206
2,206


Disposals
-
(22,318)
-
(22,318)



At 31 August 2024

51,320
7,187
6,263
64,770



Depreciation


At 1 September 2023
19,015
18,312
2,863
40,190


Charge for the year
8,073
799
746
9,618


Disposals
-
(15,127)
-
(15,127)



At 31 August 2024

27,088
3,984
3,609
34,681



Net book value



At 31 August 2024
24,232
3,203
2,654
30,089



At 31 August 2023
32,305
11,193
1,194
44,692

5

 
A & V Pringle Ltd
 
 

Notes to the financial statements
Year ended 31 August 2024

5.


Debtors

2024
2023
£
£


Trade debtors
21,237
21,141

Other debtors
66,921
60,051

Prepayments and accrued income
1,206
1,281

89,364
82,473



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Corporation tax
39,531
30,170

Obligations under finance lease and hire purchase contracts
-
9,900

Accruals and deferred income
3,750
3,960

43,281
44,030



7.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
13,200

-
13,200


 
6