Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-302025-05-20falsetrue2023-12-01falseABC11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06007115 2023-12-01 2024-11-30 06007115 2022-12-01 2023-11-30 06007115 2024-11-30 06007115 2023-11-30 06007115 2022-12-01 06007115 c:Director1 2023-12-01 2024-11-30 06007115 d:OfficeEquipment 2023-12-01 2024-11-30 06007115 d:OtherPropertyPlantEquipment 2024-11-30 06007115 d:OtherPropertyPlantEquipment 2023-11-30 06007115 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 06007115 d:FreeholdInvestmentProperty 2024-11-30 06007115 d:FreeholdInvestmentProperty 2023-11-30 06007115 d:CurrentFinancialInstruments 2024-11-30 06007115 d:CurrentFinancialInstruments 2023-11-30 06007115 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 06007115 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 06007115 d:ShareCapital 2024-11-30 06007115 d:ShareCapital 2023-11-30 06007115 d:RevaluationReserve 2024-11-30 06007115 d:RevaluationReserve 2023-11-30 06007115 d:RetainedEarningsAccumulatedLosses 2024-11-30 06007115 d:RetainedEarningsAccumulatedLosses 2023-11-30 06007115 c:OrdinaryShareClass1 2023-12-01 2024-11-30 06007115 c:OrdinaryShareClass1 2024-11-30 06007115 c:OrdinaryShareClass2 2023-12-01 2024-11-30 06007115 c:OrdinaryShareClass2 2024-11-30 06007115 c:FRS102 2023-12-01 2024-11-30 06007115 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 06007115 c:FullAccounts 2023-12-01 2024-11-30 06007115 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 06007115 d:TaxLossesCarry-forwardsDeferredTax 2024-11-30 06007115 d:TaxLossesCarry-forwardsDeferredTax 2023-11-30 06007115 2 2023-12-01 2024-11-30 06007115 e:PoundSterling 2023-12-01 2024-11-30 06007115 d:EntityControlledByKeyManagementPersonnel1 2023-12-01 2024-11-30 06007115 d:EntityControlledByKeyManagementPersonnel1 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06007115









A. S. SCIENTIFIC (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
REGISTERED NUMBER: 06007115

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024


2024

2023
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
269
538

Investment property
 5 
1,850,000
1,850,000

  
1,850,269
1,850,538

Current assets
  

Debtors: amounts falling due within one year
 6 
3,298
3,041

Cash at bank and in hand
 7 
391,816
386,780

  
395,114
389,821

Creditors: amounts falling due within one year
 8 
(124,213)
(42,884)

Net current assets
  
 
 
270,901
 
 
346,937

Provisions for liabilities
  

Deferred tax
 9 
(114,026)
(114,026)

Net assets
  
2,007,144
2,083,449


Capital and reserves
  

Called up share capital 
 10 
5,002
5,002

Investment property reserve
  
556,705
556,705

Profit and loss account
  
1,445,437
1,521,742

  
2,007,144
2,083,449


Page 1

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
REGISTERED NUMBER: 06007115
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 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 her 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 20 May 2025.


P L M Hillier
Director


The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

A. S. Scientific (Holdings) Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is Wychwood Paddocks, Franks Lane, Steventon, Abingdon, Oxon, OX13 6SF.
The company specialises in property rental.

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.
Rental income is recognised on a straight line basis over the term of the lease.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
Straight line over 3 years

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 the Statement of comprehensive income.

Page 3

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.4

Investment property

Investment properties are properties held to earn rent and or capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of the investment properties are included in the Statement of comprehensive income in the year in which they arise.

 
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.

 
2.7

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.

 
2.8

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.

 
2.9

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

Page 4

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income 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.

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.



3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 December 2023
1,336



At 30 November 2024

1,336



Depreciation


At 1 December 2023
798


Charge for the year
269



At 30 November 2024

1,067



Net book value



At 30 November 2024
269



At 30 November 2023
538

Page 6

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Investment property


Freehold investment property

£



Valuation


At 1 December 2023
1,850,000



At 30 November 2024
1,850,000


Comprising


Cost
1,179,269

Annual revaluation surplus:


2011
120,731

2018
200,000

2021
350,000

At 30 November 2024
1,850,000

The 2024 valuations were made by the director, on an open market value for existing use basis.






6.


Debtors

2024
2023
£
£


Prepayments and accrued income
3,298
3,041

3,298
3,041



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
391,816
386,780

391,816
386,780


Page 7

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
80,000
-

Corporation tax
39,598
37,082

Other creditors
315
1,502

Accruals and deferred income
4,300
4,300

124,213
42,884



9.


Deferred taxation




2024
2023


£

£






At beginning of year
114,026
114,026



At end of year
114,026
114,026

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Potential capital gain tax
114,026
114,026

114,026
114,026


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2,501 Ordinary A shares of £1 each
2,501
2,501
2,501 Ordinary B shares of £1 each
2,501
2,501

5,002

5,002

Classes of shares rank pari passu in every respect except that dividends may be declared at different rates on different classes of shares.


Page 8

 
A. S. SCIENTIFIC (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

11.


Related party transactions

The company has taken advantage of the exemption provided by FRS 102 and has not disclosed transactions or balances with wholly owned members of the group. 
 
At the year end, there was an amount due to the director of £315 (2023 - £1,502).


12.


Ultimate parent undertaking and controlling party

The immediate and ultimate parent undertaking is Barn 2011 (Property) Limited, a company incorporated in England and Wales.
The ultimate controlling party of  the company is P L M Hillier by virtue of her entire shareholding in the parent company.

 
Page 9