Caseware UK (AP4) 2023.0.135 2023.0.135 falsetruefalse2023-10-011414trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06279305 2023-10-01 2024-09-30 06279305 2024-09-30 06279305 2022-10-01 2023-09-30 06279305 2023-09-30 06279305 c:Director2 2023-10-01 2024-09-30 06279305 d:Buildings 2023-10-01 2024-09-30 06279305 d:Buildings 2024-09-30 06279305 d:Buildings 2023-09-30 06279305 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06279305 d:PlantMachinery 2023-10-01 2024-09-30 06279305 d:PlantMachinery 2024-09-30 06279305 d:PlantMachinery 2023-09-30 06279305 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06279305 d:MotorVehicles 2023-10-01 2024-09-30 06279305 d:MotorVehicles 2024-09-30 06279305 d:MotorVehicles 2023-09-30 06279305 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06279305 d:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 06279305 d:OtherPropertyPlantEquipment 2024-09-30 06279305 d:OtherPropertyPlantEquipment 2023-09-30 06279305 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06279305 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 06279305 d:ComputerSoftware 2024-09-30 06279305 d:ComputerSoftware 2023-09-30 06279305 d:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 06279305 d:CurrentFinancialInstruments 2024-09-30 06279305 d:CurrentFinancialInstruments 2023-09-30 06279305 d:Non-currentFinancialInstruments 2024-09-30 06279305 d:Non-currentFinancialInstruments 2023-09-30 06279305 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 06279305 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 06279305 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 06279305 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 06279305 d:ShareCapital 2024-09-30 06279305 d:ShareCapital 2023-09-30 06279305 d:SharePremium 2024-09-30 06279305 d:SharePremium 2023-09-30 06279305 d:RetainedEarningsAccumulatedLosses 2024-09-30 06279305 d:RetainedEarningsAccumulatedLosses 2023-09-30 06279305 c:OrdinaryShareClass3 2023-10-01 2024-09-30 06279305 c:OrdinaryShareClass3 2024-09-30 06279305 c:OrdinaryShareClass3 2023-09-30 06279305 c:OrdinaryShareClass4 2023-10-01 2024-09-30 06279305 c:OrdinaryShareClass4 2024-09-30 06279305 c:OrdinaryShareClass4 2023-09-30 06279305 c:OrdinaryShareClass5 2023-10-01 2024-09-30 06279305 c:OrdinaryShareClass5 2024-09-30 06279305 c:OrdinaryShareClass5 2023-09-30 06279305 c:FRS102 2023-10-01 2024-09-30 06279305 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06279305 c:FullAccounts 2023-10-01 2024-09-30 06279305 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06279305 d:ComputerSoftware d:OwnedIntangibleAssets 2023-10-01 2024-09-30 06279305 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 06279305













Patio & Paving Centre Ltd

Financial statements
Information for filing with the registrar

30 September 2024




 
Patio & Paving Centre Ltd


Balance sheet
At 30 September 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,971
2,564

Tangible assets
 5 
331,621
71,381

  
333,592
73,945

Current assets
  

Stocks
  
89,787
99,105

Debtors
 6 
158,797
205,864

Cash at bank and in hand
  
15,899
91,341

  
264,483
396,310

Creditors: amounts falling due within one year
 7 
(336,271)
(257,181)

Net current (liabilities)/assets
  
 
 
(71,788)
 
 
139,129

Total assets less current liabilities
  
261,804
213,074

Creditors: amounts falling due after more than one year
 8 
(22,732)
(30,103)

Provisions for liabilities
  

Deferred tax
  
(17,040)
(11,733)

  
 
 
(17,040)
 
 
(11,733)

Net assets
  
222,032
171,238


Capital and reserves
  

Called up share capital 
 9 
118
118

Share premium account
  
49,982
49,982

Profit and loss account
  
171,932
121,138

  
222,032
171,238


4

 
Patio & Paving Centre Ltd

    
Balance sheet (continued)
At 30 September 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 21 March 2025.




G G Cheel
Director

Company registered number: 06279305
The notes on pages 6 to 11 form part of these financial statements. 

5

 
Patio & Paving Centre Ltd
 
 

Notes to the financial statements
Year ended 30 September 2024

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. The address of its registered office is Patio & Paving Centre, Station Road, Cramlington, Northumberland, NE23 8BJ.

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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company continues to meet its day-to-day working capital requirements through direct financial support from the director and shareholders. The financial statements have therefore been produced on a going concern basis.

 
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:

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.

6

 
Patio & Paving Centre Ltd
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet 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 balance sheet date.


7

 
Patio & Paving Centre Ltd
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Computer software
-
5
years

 
2.8

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, see below.

Depreciation is provided on the following basis:

Freehold property
-
10 years straight line
Plant and machinery
-
20% Reducing balance method
Motor vehicles
-
25% Reducing balance method

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.

 
2.9

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.

8

 
Patio & Paving Centre Ltd
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 14 (2023 - 14).


4.


Intangible assets




Computer software

£



Cost


At 1 October 2023
2,964



At 30 September 2024

2,964



Amortisation


At 1 October 2023
400


Charge for the year 
593



At 30 September 2024

993



Net book value



At 30 September 2024
1,971



At 30 September 2023
2,564



9

 
Patio & Paving Centre Ltd
 
 

Notes to the financial statements
Year ended 30 September 2024

5.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Land
Total

£
£
£
£
£



Cost 


At 1 October 2023
-
15,017
120,002
-
135,019


Additions
24,841
16,700
12,995
227,120
281,656



At 30 September 2024

24,841
31,717
132,997
227,120
416,675



Depreciation


At 1 October 2023
-
10,327
53,311
-
63,638


Charge for the year 
1,035
2,896
17,485
-
21,416



At 30 September 2024

1,035
13,223
70,796
-
85,054



Net book value



At 30 September 2024
23,806
18,494
62,201
227,120
331,621



At 30 September 2023
-
4,690
66,691
-
71,381


6.


Debtors

2024
2023
£
£


Trade debtors
154,946
203,050

Prepayments and accrued income
3,851
2,814

158,797
205,864


10

 
Patio & Paving Centre Ltd
 
 

Notes to the financial statements
Year ended 30 September 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
187,883
199,765

Corporation tax
3,307
-

Other taxation and social security
31,010
30,997

Obligations under finance lease and hire purchase contracts
19,716
17,117

Other creditors
92,341
7,302

Accruals and deferred income
2,014
2,000

336,271
257,181



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
22,732
30,103

22,732
30,103



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



500 (2023 - 500) Ordinary A shares of £0.10 each
50
50
500 (2023 - 500) Ordinary B shares of £0.10 each
50
50
176 (2023 - 176) Ordinary C shares of £0.10 each
18
18

118

118


 
11