Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01trueNo description of principal activityfalse1010truefalse 00133531 2024-01-01 2024-12-31 00133531 2024-12-31 00133531 2023-01-01 2023-12-31 00133531 2023-12-31 00133531 2023-01-01 00133531 5 2024-01-01 2024-12-31 00133531 5 2023-01-01 2023-12-31 00133531 d:Director1 2024-01-01 2024-12-31 00133531 e:Buildings 2024-01-01 2024-12-31 00133531 e:Buildings 2024-12-31 00133531 e:Buildings 2023-12-31 00133531 e:Buildings e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00133531 e:MotorVehicles 2024-01-01 2024-12-31 00133531 e:MotorVehicles 2024-12-31 00133531 e:MotorVehicles 2023-12-31 00133531 e:MotorVehicles e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00133531 e:FurnitureFittings 2024-01-01 2024-12-31 00133531 e:FurnitureFittings 2024-12-31 00133531 e:FurnitureFittings 2023-12-31 00133531 e:FurnitureFittings e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00133531 e:ComputerEquipment 2024-01-01 2024-12-31 00133531 e:ComputerEquipment 2024-12-31 00133531 e:ComputerEquipment 2023-12-31 00133531 e:ComputerEquipment e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00133531 e:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 00133531 e:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 00133531 e:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 00133531 e:CurrentFinancialInstruments 2024-12-31 00133531 e:CurrentFinancialInstruments 2023-12-31 00133531 e:CurrentFinancialInstruments e:WithinOneYear 2024-12-31 00133531 e:CurrentFinancialInstruments e:WithinOneYear 2023-12-31 00133531 e:RevaluationReserve 2024-01-01 2024-12-31 00133531 e:RevaluationReserve 2024-12-31 00133531 e:RevaluationReserve 5 2024-01-01 2024-12-31 00133531 e:RevaluationReserve 2023-01-01 2023-12-31 00133531 e:RevaluationReserve 2023-12-31 00133531 e:RevaluationReserve 2023-01-01 00133531 e:RevaluationReserve 5 2023-01-01 2023-12-31 00133531 e:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00133531 e:RetainedEarningsAccumulatedLosses 2024-12-31 00133531 e:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 00133531 e:RetainedEarningsAccumulatedLosses 2023-12-31 00133531 e:RetainedEarningsAccumulatedLosses 2023-01-01 00133531 d:FRS102 2024-01-01 2024-12-31 00133531 d:Audited 2024-01-01 2024-12-31 00133531 d:FullAccounts 2024-01-01 2024-12-31 00133531 d:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 00133531 d:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00133531 e:AcceleratedTaxDepreciationDeferredTax 2024-12-31 00133531 e:AcceleratedTaxDepreciationDeferredTax 2023-12-31 00133531 e:DevelopmentCostsCapitalisedDevelopmentExpenditure e:ExternallyAcquiredIntangibleAssets 2024-01-01 2024-12-31 00133531 2 2024-01-01 2024-12-31 00133531 5 2024-01-01 2024-12-31 00133531 6 2024-01-01 2024-12-31 00133531 e:DevelopmentCostsCapitalisedDevelopmentExpenditure e:OwnedIntangibleAssets 2024-01-01 2024-12-31 00133531 f:PoundSterling 2024-01-01 2024-12-31 00133531 e:RetainedEarningsAccumulatedLosses 5 2024-01-01 2024-12-31 00133531 e:RetainedEarningsAccumulatedLosses 5 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Registered number: 00133531


THE BRITISH ASSOCIATION OF REMOVERS LIMITED









PAGES FOR FILING WITH REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 00133531

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
1,547
344

Tangible assets
 5 
1,390,899
1,346,697

Investments
 6 
31,151
31,151

  
1,423,597
1,378,192

Current assets
  

Debtors: amounts falling due within one year
 7 
349,047
385,955

Cash at bank and in hand
 8 
541,206
650,518

  
890,253
1,036,473

Creditors: amounts falling due within one year
 9 
(561,563)
(711,343)

Net current assets
  
 
 
328,690
 
 
325,130

Total assets less current liabilities
  
1,752,287
1,703,322

Provisions for liabilities
  

Deferred tax
  
(10,021)
(32,102)

  
 
 
(10,021)
 
 
(32,102)

Net assets
  
1,742,266
1,671,220


Capital and reserves
  

Revaluation reserve
  
678,266
629,021

Profit and loss account
  
1,064,000
1,042,199

  
1,742,266
1,671,220


Page 1

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 00133531
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

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 profit and loss account 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: 




................................................
I Studd
Director
Date: 31 March 2025

The notes on pages 4 to 12 form part of these financial statements.

Page 2

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED
 
(A company limited by guarantee)
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Revaluation reserve
Profit and loss account
Total equity

£
£
£


At 1 January 2023
651,293
1,012,581
1,663,874


Comprehensive income for the year

Profit for the year
-
7,346
7,346

Surplus on revaluation of freehold property
-
22,272
22,272
Total comprehensive income for the year
-
29,618
29,618


Contributions by and distributions to owners

Transfer to/from profit and loss account
(22,272)
-
(22,272)



At 1 January 2024
629,021
1,042,199
1,671,220


Comprehensive income for the year

Loss for the year
-
(20,026)
(20,026)

Surplus on revaluation of freehold property
68,991
41,827
110,818
Total comprehensive income for the year
68,991
21,801
90,792


Contributions by and distributions to owners

Transfer to/from profit and loss account
(19,746)
-
(19,746)


Total transactions with owners
(19,746)
-
(19,746)


At 31 December 2024
678,266
1,064,000
1,742,266


The notes on pages 4 to 12 form part of these financial statements.

Page 3

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The company is a private limited company which is incorporated and domiciled in the UK. The principal place of business and registered office is Tangent House, 62 Exchange Road, Watford, Hertfordshire, WD18 0TG.

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

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
2.3

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.4

Interest income

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

Page 4

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company contributes to 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.


 
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.

Page 5

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
50 years straight line
Fixtures & fittings
-
2 - 7 years straight line

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

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.10

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.
The group qualifies as small and therefore, under the Companies Act 2006, there is no requirement to prepare consolidated accounts. The financial statements represent those of the entity only.

 
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.

Page 6

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
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.


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 10).

Page 7

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Intangible assets




Development expenditure

£



Cost


At 1 January 2024
93,300


Additions
1,650



At 31 December 2024

94,950



Amortisation


At 1 January 2024
92,956


Charge for the year on owned assets
447



At 31 December 2024

93,403



Net book value



At 31 December 2024
1,547



At 31 December 2023
344



Page 8

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Tangible fixed assets





Freehold property
Motor vehicles
Fixtures & fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 January 2024
1,430,000
-
132,601
23,175
1,585,776


Additions
-
15,995
10,800
-
26,795


Revaluations
(65,000)
-
-
-
(65,000)



At 31 December 2024

1,365,000
15,995
143,401
23,175
1,547,571



Depreciation


At 1 January 2024
89,375
-
127,296
22,407
239,078


Charge for the year on owned assets
-
1,333
5,243
393
6,969


On revalued assets
(89,375)
-
-
-
(89,375)



At 31 December 2024

-
1,333
132,539
22,800
156,672



Net book value



At 31 December 2024
1,365,000
14,662
10,862
375
1,390,899



At 31 December 2023
1,340,625
-
5,304
768
1,346,697

Cost or valuation at 31 December 2024 is as follows:

Land and buildings
£


At cost
1,430,000
At valuation:

10 December 2024 at open market value
by Simon Arbon BSc FRICS for and on behalf of Brasier Freeth LLP
(65,000)



1,365,000

Page 9

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

           5.Tangible fixed assets (continued)

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

2024
£



Cost
1,430,000

Net book value
1,430,000


6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2024
31,151



At 31 December 2024
31,151





7.


Debtors

2024
2023
£
£


Trade debtors
186,508
160,750

Amounts owed by group undertakings
-
13

Other debtors
5,709
15,112

Prepayments and accrued income
156,830
210,080

349,047
385,955


Page 10

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
541,206
650,518

541,206
650,518



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
87,979
113,924

Amounts owed to group undertakings
-
67

Other taxation and social security
16,776
16,436

Other creditors
9,567
18,791

Accruals and deferred income
447,241
562,125

561,563
711,343



10.


Deferred taxation




2024
2023


£

£






At beginning of year
(32,102)
(32,102)


Charged to profit or loss
22,081
-



At end of year
(10,021)
(32,102)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(10,021)
(32,102)

(10,021)
(32,102)

Page 11

 
THE BRITISH ASSOCIATION OF REMOVERS LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


11.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


12.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 2 April 2025 by Miss Bethany Whitmore FCCA (Senior statutory auditor) on behalf of Wellers.

 
Page 12