Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31truetruetrue2023-04-01Electrical installation22 00684725 2023-04-01 2024-03-31 00684725 2022-04-01 2023-03-31 00684725 2024-03-31 00684725 2023-03-31 00684725 c:Director1 2023-04-01 2024-03-31 00684725 d:MotorVehicles 2023-04-01 2024-03-31 00684725 d:OfficeEquipment 2023-04-01 2024-03-31 00684725 d:CurrentFinancialInstruments 2024-03-31 00684725 d:CurrentFinancialInstruments 2023-03-31 00684725 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00684725 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 00684725 d:ShareCapital 2024-03-31 00684725 d:ShareCapital 2023-03-31 00684725 d:RetainedEarningsAccumulatedLosses 2024-03-31 00684725 d:RetainedEarningsAccumulatedLosses 2023-03-31 00684725 c:OrdinaryShareClass1 2023-04-01 2024-03-31 00684725 c:OrdinaryShareClass1 2024-03-31 00684725 c:OrdinaryShareClass1 2023-03-31 00684725 c:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 00684725 c:FRS102 2023-04-01 2024-03-31 00684725 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 00684725 c:FullAccounts 2023-04-01 2024-03-31 00684725 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 00684725









SMYE-RUMSBY ENGINEERING CO. LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
SMYE-RUMSBY ENGINEERING CO. LIMITED
REGISTERED NUMBER: 00684725

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
3,705
3,705

Cash at bank and in hand
 4 
8,610
9,491

  
12,315
13,196

Creditors: amounts falling due within one year
 5 
(23,248)
(24,029)

Net current liabilities
  
 
 
(10,933)
 
 
(10,833)

Total assets less current liabilities
  
(10,933)
(10,833)

  

Net liabilities
  
(10,933)
(10,833)


Capital and reserves
  

Called up share capital 
 6 
500
500

Profit and loss account
  
(11,433)
(11,333)

  
(10,933)
(10,833)


Page 1

 
SMYE-RUMSBY ENGINEERING CO. LIMITED
REGISTERED NUMBER: 00684725
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

For the year ended 31 March 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 by: 




P E Smye-Rumsby
Director

Date: 21 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SMYE-RUMSBY ENGINEERING CO. LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Smye-Rumsby Engineering Co. Limited is a private company limited by shares and incorporated in England and Wales. The address of the regstered office is 123/125 Snargate Street, Dover, Kent, CT17 9AP. The principal activity during the year was that of electrical installation.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

  
2.2

Going concern

The company has net liabilities of £10,933 (2022 - £10,833). However, the company has the support of its parent company, Smye-Rumsby Limited, which has the directors believe has sufficient reserves to continue to support the company.
Since the balance sheet date the company has had to deal with the coronavirus pandemic and the associated measures that the UK government, customers and suppliers have put in place to deal with it. While the company has undoubtedly suffered some impact impact from this in the short term, the directors are confident that the company can work through the temporary disruption and that the business plans are robust even in the current situation.
For these reasons the directors feel it is appropriate to prepare the accounts on the going concern basis.

 
2.3

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.

 
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.

Page 3

 
SMYE-RUMSBY ENGINEERING CO. LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

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
Office equipment
-

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

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.

 
2.6

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.

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 4

 
SMYE-RUMSBY ENGINEERING CO. LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Debtors

2024
2023
£
£


Other debtors
3,705
3,705

3,705
3,705



4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
8,610
9,491

8,610
9,491



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
3,406
3,406

Corporation tax
-
781

Other creditors
17,892
17,892

Accruals
1,950
1,950

23,248
24,029



6.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



500 (2023 - 500) Ordinary shares of £1.00 each
500
500


Page 5

 
SMYE-RUMSBY ENGINEERING CO. LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Related party transactions

Included within other creditors due within one year is a balance of £17,892 (2022 - £17,892) owed to the directors.
Included within creditors due within one year is a balance of £3,406 (
2022 - £3,406) owed by the parent company. 

 
Page 6