Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-301falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falsemanufacture of equipment.1false 12487294 2023-07-01 2024-06-30 12487294 2022-07-01 2023-06-30 12487294 2024-06-30 12487294 2023-06-30 12487294 c:Director1 2023-07-01 2024-06-30 12487294 d:CurrentFinancialInstruments 2024-06-30 12487294 d:CurrentFinancialInstruments 2023-06-30 12487294 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 12487294 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12487294 d:ShareCapital 2024-06-30 12487294 d:ShareCapital 2023-06-30 12487294 d:RetainedEarningsAccumulatedLosses 2024-06-30 12487294 d:RetainedEarningsAccumulatedLosses 2023-06-30 12487294 c:FRS102 2023-07-01 2024-06-30 12487294 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12487294 c:FullAccounts 2023-07-01 2024-06-30 12487294 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12487294 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 12487294










PHILFORD BATCHING PLANT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
PHILFORD BATCHING PLANT LIMITED
REGISTERED NUMBER: 12487294

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
100
798

Cash at bank and in hand
  
3,943
420

  
4,043
1,218

Creditors: amounts falling due within one year
 5 
(5,839)
(3,929)

Net current liabilities
  
 
 
(1,796)
 
 
(2,711)

Total assets less current liabilities
  
(1,796)
(2,711)

  

Net liabilities
  
(1,796)
(2,711)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(1,896)
(2,811)

  
(1,796)
(2,711)


Page 1

 
PHILFORD BATCHING PLANT LIMITED
REGISTERED NUMBER: 12487294
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 13 March 2025.



M J Phillips
Director

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

Page 2

 
PHILFORD BATCHING PLANT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Philford Batching Plant Limited is a private Company limited by shares, incorporated in England and Wales (registered number: 12487294). Its registered offfice is Unit 35 Aldwarke Business Park, Waddington Way, Rotherham, South Yorkshire, England, S65 3SH. The principal activity of the Company throughout the period was that of the manufacture of equipment for concrete crushing, screening and roadworks.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

Going concern

The financial statements have been prepared on the basis that the company will be able to continue as a going concern. At the reporting date, the Company has net liabilities of £1,796.  The director has based their assumption on forecast data and the availability of support from the parent company, who is the Company's only creditor. The director has therefore concluded that the Company is a going concern.

 
2.3

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

 
PHILFORD BATCHING PLANT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities such as bank and cash balances, trade and other accounts receivable
and payable, loans from banks and other third parties and loans to and from related parties.  
Debt instruments (other than those wholly repayable or receivable within one year), including loans
and other accounts receivable and payable, are initially measured at the transaction price and
subsequently at amortised cost using the effective interest method. Debt instruments that are payable
or receivable within one year, typically trade payables or receivables, are measured, initially and
subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or
received. However, if the arrangements of a short-term instrument constitute a financing transaction,
the financial asset or liability is measured, initially, at the present value of the future cash flow
discounted at a market rate of interest for a similar debt instrument and subsequently at amortised
cost.
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.


3.


Employees




The average number of employees, including the director, during the year was 1 (2023: 1).


4.


Debtors

2024
2023
£
£


Trade debtors
-
798

Other debtors
100
-

100
798



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
5,839
3,929


Page 4

 
PHILFORD BATCHING PLANT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Controlling party

The ultimate controlling party is Philford Design Engineers Limited by virtue of its 100% shareholding in the Company. 
 
Page 5