Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312023-09-01truefalseNo description of principal activity77trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC204926 2023-09-01 2024-08-31 SC204926 2022-09-01 2023-08-31 SC204926 2024-08-31 SC204926 2023-08-31 SC204926 c:CompanySecretary1 2023-09-01 2024-08-31 SC204926 c:Director1 2023-09-01 2024-08-31 SC204926 c:RegisteredOffice 2023-09-01 2024-08-31 SC204926 d:PlantMachinery 2023-09-01 2024-08-31 SC204926 d:PlantMachinery 2024-08-31 SC204926 d:PlantMachinery 2023-08-31 SC204926 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 SC204926 d:MotorVehicles 2023-09-01 2024-08-31 SC204926 d:MotorVehicles 2024-08-31 SC204926 d:MotorVehicles 2023-08-31 SC204926 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 SC204926 d:FurnitureFittings 2023-09-01 2024-08-31 SC204926 d:FurnitureFittings 2024-08-31 SC204926 d:FurnitureFittings 2023-08-31 SC204926 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 SC204926 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 SC204926 d:CurrentFinancialInstruments 2024-08-31 SC204926 d:CurrentFinancialInstruments 2023-08-31 SC204926 d:Non-currentFinancialInstruments 2024-08-31 SC204926 d:Non-currentFinancialInstruments 2023-08-31 SC204926 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 SC204926 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 SC204926 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 SC204926 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 SC204926 d:ShareCapital 2024-08-31 SC204926 d:ShareCapital 2023-08-31 SC204926 d:RetainedEarningsAccumulatedLosses 2024-08-31 SC204926 d:RetainedEarningsAccumulatedLosses 2023-08-31 SC204926 c:OrdinaryShareClass1 2023-09-01 2024-08-31 SC204926 c:OrdinaryShareClass1 2024-08-31 SC204926 c:OrdinaryShareClass1 2023-08-31 SC204926 c:OrdinaryShareClass2 2023-09-01 2024-08-31 SC204926 c:OrdinaryShareClass2 2024-08-31 SC204926 c:OrdinaryShareClass2 2023-08-31 SC204926 c:FRS102 2023-09-01 2024-08-31 SC204926 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 SC204926 c:FullAccounts 2023-09-01 2024-08-31 SC204926 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC204926 d:WithinOneYear 2024-08-31 SC204926 d:WithinOneYear 2023-08-31 SC204926 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC204926










NATIONWIDE GAS CARE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

 
NATIONWIDE GAS CARE LIMITED
 

COMPANY INFORMATION


Director
Mr G Donaldson 




Company secretary
Mr G Donaldson



Registered number
SC204926



Registered office
35 High Street
Kinghorn

Fife

KY3 9UW




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
NATIONWIDE GAS CARE LIMITED
REGISTERED NUMBER: SC204926

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
5,122
20,954

  
5,122
20,954

Current assets
  

Stocks
  
4,500
4,500

Debtors: amounts falling due within one year
 5 
8,532
16,020

Bank and cash balances
  
9,368
11,245

  
22,400
31,765

Creditors: amounts falling due within one year
 6 
(107,334)
(95,702)

Net current liabilities
  
 
 
(84,934)
 
 
(63,937)

Total assets less current liabilities
  
(79,812)
(42,983)

Creditors: amounts falling due after more than one year
 7 
(56,048)
(81,675)

Provisions for liabilities
  

Deferred tax
  
(672)
(3,675)

  
 
 
(672)
 
 
(3,675)

Net liabilities
  
(136,532)
(128,333)


Capital and reserves
  

Called up share capital 
 8 
102
102

Profit and loss account
  
(136,634)
(128,435)

  
(136,532)
(128,333)


Page 1

 
NATIONWIDE GAS CARE LIMITED
REGISTERED NUMBER: SC204926

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

The director considers 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 director acknowledges his 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 by: 




Mr G Donaldson
Director

Date: 23 April 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
NATIONWIDE GAS CARE LIMITED
 

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

1.


General information

Nationwide Gas Care Limited is a private company, limited by shares, incorporated in Scotland, registration number SC216279.  The registered office address is 35 High Street, Kinghorn, Burntisland, Fife, KY3 9UW.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

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

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding, the company has net liabilities as at 31 August 2024 of £136,532. Based on cash flow forecasts prepared, the director believes the company has sufficient working capital for it to continue trading for at least 12 months from the date the financial statements are approved.

 
2.3

Turnover

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:

 
2.4

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.

 
2.5

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Page 3

 
NATIONWIDE GAS CARE LIMITED
 

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

2.Accounting policies (continued)

 
2.6

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 Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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 tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting 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 reporting 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 reporting date.


Page 4

 
NATIONWIDE GAS CARE LIMITED
 

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

Plant and machinery
-
33.33% Straight Line
Motor vehicles
-
33.33% Straight Line
Fixtures, fittings and equipment
-
33.33% 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

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 reporting 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.

 
2.10

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 Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2023 - 7).

Page 5

 
NATIONWIDE GAS CARE LIMITED
 

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

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures, fittings and equipment
Total

£
£
£
£



Cost or valuation


At 1 September 2023
725
102,834
9,499
113,058



At 31 August 2024

725
102,834
9,499
113,058



Depreciation


At 1 September 2023
725
82,494
8,885
92,104


Charge for the year on owned assets
-
15,628
204
15,832



At 31 August 2024

725
98,122
9,089
107,936



Net book value



At 31 August 2024
-
4,712
410
5,122



At 31 August 2023
-
20,340
614
20,954


5.


Debtors

2024
2023
£
£


Trade debtors
6,248
1,209

Other debtors
2,284
9,067

Tax recoverable
-
5,744

8,532
16,020


Included within other debtors is an amount of £nil (2023 - £6,977) due from the director. 

Page 6

 
NATIONWIDE GAS CARE LIMITED
 

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

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
30,959
31,954

Other taxation and social security
20,352
17,612

Obligations under finance lease and hire purchase contracts
12,984
11,868

Other creditors
16,249
17,172

Accruals and deferred income
26,790
17,096

107,334
95,702


Secured loans
Obligations under finance lease and hire purchase contracts are secured over the assets to which they relate.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
4,602
17,523

Other creditors
51,446
64,152

56,048
81,675


Secured loans
Obligations under finance lease and hire purchase contracts are secured over the assets to which they relate.


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary A shares of £1.00 each
2
2
1,000 (2023 - 1,000) Ordinary B shares of £0.10 each
100
100

102

102


Page 7

 
NATIONWIDE GAS CARE LIMITED
 

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

9.


Commitments under operating leases

At 31 August 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
12,600
12,600


Page 8