Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-312025-05-292023-09-01falseNo description of principal activity86truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14135897 2023-09-01 2024-08-31 14135897 2022-05-27 2023-08-31 14135897 2024-08-31 14135897 2023-08-31 14135897 c:Director3 2023-09-01 2024-08-31 14135897 d:CurrentFinancialInstruments 2024-08-31 14135897 d:CurrentFinancialInstruments 2023-08-31 14135897 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 14135897 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 14135897 d:ShareCapital 2023-09-01 2024-08-31 14135897 d:ShareCapital 2024-08-31 14135897 d:ShareCapital 2022-05-27 2023-08-31 14135897 d:ShareCapital 2023-08-31 14135897 d:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 14135897 d:RetainedEarningsAccumulatedLosses 2024-08-31 14135897 d:RetainedEarningsAccumulatedLosses 2022-05-27 2023-08-31 14135897 d:RetainedEarningsAccumulatedLosses 2023-08-31 14135897 c:OrdinaryShareClass1 2023-09-01 2024-08-31 14135897 c:OrdinaryShareClass1 2024-08-31 14135897 c:OrdinaryShareClass1 2023-08-31 14135897 c:FRS102 2023-09-01 2024-08-31 14135897 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 14135897 c:FullAccounts 2023-09-01 2024-08-31 14135897 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14135897 e:PoundSterling 2023-09-01 2024-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14135897









AITCH CONSTRUCTION (LONDON) LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

 
AITCH CONSTRUCTION (LONDON) LTD
REGISTERED NUMBER: 14135897

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,355,173
558,051

Cash at bank and in hand
 5 
705,908
85,541

  
2,061,081
643,592

Creditors: amounts falling due within one year
 6 
(2,240,306)
(835,690)

Net current liabilities
  
 
 
(179,225)
 
 
(192,098)

Total assets less current liabilities
  
(179,225)
(192,098)

  

Net liabilities
  
(179,225)
(192,098)


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
(179,226)
(192,099)

  
(179,225)
(192,098)


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 29 May 2025.





................................................
C J Spires
Page 1

 
AITCH CONSTRUCTION (LONDON) LTD
REGISTERED NUMBER: 14135897
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

Director

Page 2

 
AITCH CONSTRUCTION (LONDON) LTD
 

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


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 September 2023
1
(192,099)
(192,098)


Comprehensive income for the year

Profit for the year
-
12,873
12,873
Total comprehensive income for the year
-
12,873
12,873


At 31 August 2024
1
(179,226)
(179,225)


The notes on pages 5 to 7 form part of these financial statements.

Page 3

 
AITCH CONSTRUCTION (LONDON) LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


Comprehensive income for the period

Loss for the period
-
(192,099)
(192,099)
Total comprehensive income for the period
-
(192,099)
(192,099)


Contributions by and distributions to owners

Shares issued during the period
1
-
1


At 31 August 2023
1
(192,099)
(192,098)


Page 4

 
AITCH CONSTRUCTION (LONDON) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Aitch Construction (London) Ltd is a limited company domiciled and incorporated in England and Wales. The registered office is First Floor Kirkdale House, Kirkdale Road, London E11 1HP.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the Company in respect of construction contracts.
Turnover in respect of construction contracts is recognised in accordance with the accounting policy on long term projects which is described in note 2.6 to the accounts.
Turnover comprises work performed in the year, exclusive of Value Added Tax and trade discounts.

 
2.3

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.

 
2.4

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 reporting date in the countries where the Company operates and generates income.


Page 5

 
AITCH CONSTRUCTION (LONDON) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
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

Long-term contracts

Profit on long-term contracts is taken as the work is carried out if the final outcome can be assessed with reasonable certainty. The profit included is calculated on a prudent basis to reflect the proportion of the work carried out at the year end, by recording turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs incurred to date bear to total expected costs for that contract. Revenues derived from variations on contracts are recognised only when they have been accepted by the customer. Full provision is made for losses on all contracts in the year in which they are first foreseen.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 6).


4.


Debtors: Amounts falling due within one year

2024
2023
£
£


Trade debtors
938,858
558,050

Other debtors
116,315
1

Prepayments and accrued income
300,000
-

1,355,173
558,051



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
705,908
85,541

705,908
85,541


Page 6

 
AITCH CONSTRUCTION (LONDON) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,596,533
442,288

Other taxation and social security
20,327
48,098

Other creditors
236,117
239,925

Accruals and deferred income
387,329
105,379

2,240,306
835,690



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary share of £1.00
1
1



8.


Related party transactions

During the year the Company received income from construction contracts of £1,662,156 (2023: £2,348,672) from a company under common control. At the period end the balance due from this company was £60,077 (2023: £70,460).
During the year the Company received income from construction contracts of £6,407,270 (2023: £681,404) from an LLP in which the Company's shareholder has a non-controlling interest. At the period end the balance due from this LLP was £399,810 (2023: £487,590).
During the year the Company received income from construction contracts of £1,358,587 (2023: £NIL) from a company in which the Company's shareholder has a non-controlling interest. At the period end the balance due from this company was £281,836 (2023: £NIL).
During the year the Company received loan advances of £NIL (2023: £234,466) from a company under common control. At the period end the balance due to this company was £234,466 (2023: £234,466).

Page 7