Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31No description of principal activity2023-09-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false1111falsetrue 06951190 2023-09-01 2024-08-31 06951190 2022-09-01 2023-08-31 06951190 2024-08-31 06951190 2023-08-31 06951190 2022-09-01 06951190 c:Director1 2023-09-01 2024-08-31 06951190 c:Director2 2023-09-01 2024-08-31 06951190 d:MotorVehicles 2023-09-01 2024-08-31 06951190 d:MotorVehicles 2024-08-31 06951190 d:MotorVehicles 2023-08-31 06951190 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06951190 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 06951190 d:OfficeEquipment 2023-09-01 2024-08-31 06951190 d:OfficeEquipment 2024-08-31 06951190 d:OfficeEquipment 2023-08-31 06951190 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06951190 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 06951190 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06951190 d:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 06951190 d:Goodwill 2023-09-01 2024-08-31 06951190 d:Goodwill 2024-08-31 06951190 d:Goodwill 2023-08-31 06951190 d:CurrentFinancialInstruments 2024-08-31 06951190 d:CurrentFinancialInstruments 2023-08-31 06951190 d:Non-currentFinancialInstruments 2024-08-31 06951190 d:Non-currentFinancialInstruments 2023-08-31 06951190 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 06951190 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 06951190 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 06951190 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 06951190 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 06951190 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 06951190 d:ShareCapital 2024-08-31 06951190 d:ShareCapital 2023-08-31 06951190 d:RetainedEarningsAccumulatedLosses 2024-08-31 06951190 d:RetainedEarningsAccumulatedLosses 2023-08-31 06951190 c:FRS102 2023-09-01 2024-08-31 06951190 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 06951190 c:FullAccounts 2023-09-01 2024-08-31 06951190 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06951190 d:HirePurchaseContracts d:WithinOneYear 2024-08-31 06951190 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-08-31 06951190 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-08-31 06951190 d:AcceleratedTaxDepreciationDeferredTax 2024-08-31 06951190 d:AcceleratedTaxDepreciationDeferredTax 2023-08-31 06951190 d:HirePurchaseContracts d:WithinOneYear 2023-08-31 06951190 2 2023-09-01 2024-08-31 06951190 d:Goodwill d:OwnedIntangibleAssets 2023-09-01 2024-08-31 06951190 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 06951190














CONTROLLED AIR SERVICES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024

 
CONTROLLED AIR SERVICES LIMITED
REGISTERED NUMBER:06951190

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note

FIXED ASSETS
  

Intangible assets
 4 
-
20,000

Tangible assets
 5 
113,173
48,526

  
113,173
68,526

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
175,130
131,857

Cash at bank and in hand
 7 
140,448
119,310

  
315,578
251,167

Creditors: amounts falling due within one year
 8 
(214,685)
(192,759)

NET CURRENT ASSETS
  
 
 
100,893
 
 
58,408

TOTAL ASSETS LESS CURRENT LIABILITIES
  
214,066
126,934

Creditors: amounts falling due after more than one year
 9 
(45,540)
(1,114)

PROVISIONS FOR LIABILITIES
  

Deferred tax
 12 
(23,221)
(5,946)

  
 
 
(23,221)
 
 
(5,946)

NET ASSETS
  
£145,305
£119,874


CAPITAL AND RESERVES
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
144,305
118,874

  
£145,305
£119,874


Page 1

 
CONTROLLED AIR SERVICES LIMITED
REGISTERED NUMBER:06951190

BALANCE SHEET (CONTINUED)
AS 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 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 28 February 2025.




___________________________
C J Hills
___________________________
P Norris
Director
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
CONTROLLED AIR SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Controlled Air Services Limited is a private company limited by shares incorporated in England & Wales. The registered company number is 06951190.
The registered office address of the company is Henwood House, Henwood, Ashford, Kent, TN24 8DH. The principal place of business of the company is Units B11 & B12, Admirals Office, Main Gate Road, The Historic Dockyard, Chatham, Kent, ME4 4TZ.

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

 
CONTROLLED AIR SERVICES LIMITED
 

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

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

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.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

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.

Page 4

 
CONTROLLED AIR SERVICES LIMITED
 

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

2.Accounting policies (continued)

 
2.8

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.


 
2.9

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

Other 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.

Page 5

 
CONTROLLED AIR SERVICES LIMITED
 

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

2.Accounting policies (continued)

 
2.10

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 either the straight-line method or on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20% on cost
Office equipment
-
25% reducing balance basis

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.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

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.

 
2.13

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.

 
2.14

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.

 
2.15

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.

Page 6

 
CONTROLLED AIR SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 11 (2023 - 11).


4.


Intangible assets




Goodwill



Cost


At 1 September 2023
400,000



At 31 August 2024

400,000



Amortisation


At 1 September 2023
380,000


Charge for the year on owned assets
20,000



At 31 August 2024

400,000



Net book value



At 31 August 2024
£-



At 31 August 2023
£20,000



Page 7

 
CONTROLLED AIR SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Motor vehicles
Office equipment
Total



Cost or valuation


At 1 September 2023
112,822
11,083
123,905


Additions
91,125
218
91,343


Disposals
-
(2,531)
(2,531)



At 31 August 2024

203,947
8,770
212,717



Depreciation


At 1 September 2023
66,324
9,055
75,379


Charge for the year on owned assets
7,895
469
8,364


Charge for the year on financed assets
17,996
-
17,996


Disposals
-
(2,195)
(2,195)



At 31 August 2024

92,215
7,329
99,544



Net book value



At 31 August 2024
£111,732
£1,441
£113,173



At 31 August 2023
£46,498
£2,028
£48,526


6.


Debtors

2024
2023


Trade debtors
172,906
129,633

Other debtors
2,224
2,224

£175,130
£131,857



7.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£140,448
£119,310


Page 8

 
CONTROLLED AIR SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

8.


Creditors: Amounts falling due within one year

2024
2023

Bank loans
1,114
17,731

Trade creditors
33,159
32,177

Corporation tax
83,668
68,025

Other taxation and social security
68,476
57,679

Obligations under finance lease and hire purchase contracts
17,486
7,413

Other creditors
7,403
6,231

Accruals and deferred income
3,379
3,503

£214,685
£192,759



9.


Creditors: Amounts falling due after more than one year

2024
2023

Bank loans
-
1,114

Net obligations under finance leases and hire purchase contracts
45,540
-

£45,540
£1,114



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023

Amounts falling due within one year

Bank loans
1,114
17,731

Amounts falling due 1-2 years

Bank loans
-
1,114



£1,114
£18,845



11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023


Within one year
17,486
7,413

Between 1-5 years
£45,540
£-

Page 9

 
CONTROLLED AIR SERVICES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

12.


Deferred taxation




2024
2023





At beginning of year
(5,946)
(9,840)


Charged to profit or loss
(17,275)
3,894



At end of year
£(23,221)
£(5,946)

The provision for deferred taxation is made up as follows:

2024
2023


Accelerated capital allowances
(23,221)
(5,946)

£(23,221)
£(5,946)


13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £48,341 (2023 - £42,811). Contributions totalling £nil (2023 - £nil) were payable to the fund at the balance sheet date.

Page 10