Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-312023-11-0126trueengravers, fabricators and manufacturers of name pllates and general architectural worksfalse26trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 4510761 2023-11-01 2024-10-31 4510761 2022-11-01 2023-10-31 4510761 2024-10-31 4510761 2023-10-31 4510761 2022-11-01 4510761 c:Director3 2023-11-01 2024-10-31 4510761 d:Buildings 2023-11-01 2024-10-31 4510761 d:Buildings 2024-10-31 4510761 d:Buildings 2023-10-31 4510761 d:Buildings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 4510761 d:Buildings d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 4510761 d:PlantMachinery 2023-11-01 2024-10-31 4510761 d:PlantMachinery 2024-10-31 4510761 d:PlantMachinery 2023-10-31 4510761 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 4510761 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 4510761 d:MotorVehicles 2023-11-01 2024-10-31 4510761 d:MotorVehicles 2024-10-31 4510761 d:MotorVehicles 2023-10-31 4510761 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 4510761 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 4510761 d:FurnitureFittings 2023-11-01 2024-10-31 4510761 d:FurnitureFittings 2024-10-31 4510761 d:FurnitureFittings 2023-10-31 4510761 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 4510761 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 4510761 d:OfficeEquipment 2023-11-01 2024-10-31 4510761 d:OfficeEquipment 2024-10-31 4510761 d:OfficeEquipment 2023-10-31 4510761 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 4510761 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 4510761 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 4510761 d:LeasedAssetsHeldAsLessee 2023-11-01 2024-10-31 4510761 d:CurrentFinancialInstruments 2024-10-31 4510761 d:CurrentFinancialInstruments 2023-10-31 4510761 d:Non-currentFinancialInstruments 2024-10-31 4510761 d:Non-currentFinancialInstruments 2023-10-31 4510761 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 4510761 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 4510761 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 4510761 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 4510761 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-10-31 4510761 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-10-31 4510761 d:ShareCapital 2024-10-31 4510761 d:ShareCapital 2023-10-31 4510761 d:CapitalRedemptionReserve 2023-11-01 2024-10-31 4510761 d:CapitalRedemptionReserve 2024-10-31 4510761 d:CapitalRedemptionReserve 2023-10-31 4510761 d:RetainedEarningsAccumulatedLosses 2024-10-31 4510761 d:RetainedEarningsAccumulatedLosses 2023-10-31 4510761 c:OrdinaryShareClass1 2023-11-01 2024-10-31 4510761 c:OrdinaryShareClass1 2024-10-31 4510761 c:OrdinaryShareClass1 2023-10-31 4510761 c:OrdinaryShareClass2 2023-11-01 2024-10-31 4510761 c:OrdinaryShareClass2 2024-10-31 4510761 c:OrdinaryShareClass2 2023-10-31 4510761 c:OrdinaryShareClass3 2023-11-01 2024-10-31 4510761 c:OrdinaryShareClass3 2024-10-31 4510761 c:OrdinaryShareClass3 2023-10-31 4510761 c:FRS102 2023-11-01 2024-10-31 4510761 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 4510761 c:FullAccounts 2023-11-01 2024-10-31 4510761 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 4510761 d:WithinOneYear 2024-10-31 4510761 d:WithinOneYear 2023-10-31 4510761 d:BetweenOneFiveYears 2024-10-31 4510761 d:BetweenOneFiveYears 2023-10-31 4510761 d:HirePurchaseContracts d:WithinOneYear 2024-10-31 4510761 d:HirePurchaseContracts d:WithinOneYear 2023-10-31 4510761 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-10-31 4510761 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-10-31 4510761 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 4510761 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 4510761 2 2023-11-01 2024-10-31 4510761 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-10-31 4510761 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-10-31 4510761 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 4510761









DAVIS ARCHITECTURAL SERVICES LTD.








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
DAVIS ARCHITECTURAL SERVICES LTD.
REGISTERED NUMBER: 4510761

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
502,899
517,211

Current assets
  

Stocks
 5 
52,000
62,450

Debtors: amounts falling due within one year
 6 
526,170
424,020

Cash at bank and in hand
 7 
274,653
679,673

  
852,823
1,166,143

Creditors: amounts falling due within one year
 8 
(539,681)
(587,533)

Net current assets
  
 
 
313,142
 
 
578,610

Total assets less current liabilities
  
816,041
1,095,821

Creditors: amounts falling due after more than one year
 9 
-
(8,953)

Provisions for liabilities
  

Deferred tax
 12 
(21,682)
(23,450)

Net assets
  
794,359
1,063,418


Capital and reserves
  

Called up share capital 
 13 
1,350
1,500

Capital redemption reserve
 14 
150
-

Profit and loss account
  
792,859
1,061,918

  
794,359
1,063,418


Page 1

 
DAVIS ARCHITECTURAL SERVICES LTD.
REGISTERED NUMBER: 4510761
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 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 24 April 2025.




M D Davis
Director

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Davis Architectural Services Ltd. is a private company limited by shares and incorporated in England and Wales, United Kingdom.  The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN and the principal place of business is Units 1 & 2, Ropery Business Park, Anchor and Hope Lane,  London, SE7 7RX.  The company’s principal activity during the year continued to be that of engravers, fabricators and manufacturers of name plates and general architectural works. 

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

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.3

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Land and buildings
-
2%
straight line
Plant and machinery
-
15%
reducing balance
Motor vehicles
-
25%
reducing balance
Furniture, fittings and equipment
-
15%
reducing balance
Office equipment
-
33%
reducing balance

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.

 
2.4

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

 
2.5

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.

 
2.6

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.

Page 4

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.7

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

 
2.8

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

Interest income

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

 
2.14

Borrowing costs

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

Page 5

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.15

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.

 
2.16

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.



3.


Employees

The average monthly number of employees, including directors, during the year was 26 (2023 -26).

Page 6

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Land and buildings
Plant and machinery
Motor vehicles
Furniture, fittings and equipment
Office Equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 November 2023
552,674
263,212
28,167
65,237
5,290
914,580


Additions
-
5,092
-
-
7,700
12,792


Disposals
-
-
-
-
(857)
(857)



At 31 October 2024

552,674
268,304
28,167
65,237
12,133
926,515



Depreciation


At 1 November 2023
133,000
193,057
12,323
56,003
2,986
397,369


Charge for the year on owned assets
7,000
11,285
-
1,384
3,216
22,885


Charge for the year on financed assets
-
-
3,961
-
-
3,961


Disposals
-
-
-
-
(599)
(599)



At 31 October 2024

140,000
204,342
16,284
57,387
5,603
423,616



Net book value



At 31 October 2024
412,674
63,962
11,883
7,850
6,530
502,899



At 31 October 2023
419,674
70,155
15,844
9,234
2,304
517,211




The net book value of land and buildings may be further analysed as follows:


2024
2023
£
£

Freehold
412,674
419,674


The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
11,883
15,844

Page 7

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Stocks

2024
2023
£
£

Raw materials and consumables
52,000
62,450



6.


Debtors

2024
2023
£
£


Trade debtors
486,535
405,018

Other debtors
5,750
3,350

Prepayments and accrued income
33,885
15,652

526,170
424,020



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
274,653
679,673



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
5,148
28,107

Trade creditors
60,735
86,041

Corporation tax
84,538
123,908

Other taxation and social security
118,034
104,917

Obligations under finance lease and hire purchase contracts
2,393
4,787

Other creditors
187,901
123,274

Accruals and deferred income
80,932
116,499

539,681
587,533


Page 8

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
6,560

Net obligations under finance leases and hire purchase contracts
-
2,393

-
8,953



10.


Loans


2024
2023
£
£

Amounts falling due within one year

Bank loans
5,148
28,107

Amounts falling due 1-2 years

Bank loans
-
6,560



5,148
34,667


The bank loan is secured on the Freehold Property owned by the company.


11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
2,393
4,787

Between 1-5 years
-
2,393

2,393
7,180

Page 9

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

12.


Deferred taxation




2024
2023


£

£






At beginning of year
(23,450)
(19,122)


Released/(charged) to profit or loss
1,768
(4,328)



At end of year
(21,682)
(23,450)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(21,682)
(23,450)


13.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



950 (2023 -1,000) Ordinary shares of £1.00 each
950
1,000
200 (2023 -200) Ordinary A shares of £1.00 each
200
200
200 (2023 -300) Ordinary B shares of £1.00 each
200
300

1,350

1,500


The £1 Ordinary A shares and £1 Ordinary B shares are all non voting and non participating above their nominal value on winding up.


14.


Reserves

Capital redemption reserve

During the year, the company purchased for cancellation 50 Ordinary shares of £1 each and 100 Ordinary B shares of £1 each for £275,000.

Page 10

 
DAVIS ARCHITECTURAL SERVICES LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

15.


Pension commitments

The company operates a defined contribution pension scheme for the benefit of the directors and employees. The assets of the scheme are administered by trustees in a fund independent from those of the company. The pension cost charge represents contributions payable by the company to the fund and amounted to £17,497 (2023 - £17,242). Contributions totalling £Nil (2023 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.


16.


Commitments under operating leases

At 31 October 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
12,535
20,308

Later than 1 year and not later than 5 years
22,328
15,382

34,863
35,690

 
Page 11