Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-3113false2023-09-01falseNo description of principal activity14trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11521755 2023-09-01 2024-08-31 11521755 2022-09-01 2023-08-31 11521755 2024-08-31 11521755 2023-08-31 11521755 c:Director3 2023-09-01 2024-08-31 11521755 d:Buildings 2023-09-01 2024-08-31 11521755 d:Buildings 2024-08-31 11521755 d:Buildings 2023-08-31 11521755 d:Buildings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11521755 d:PlantMachinery 2023-09-01 2024-08-31 11521755 d:PlantMachinery 2024-08-31 11521755 d:PlantMachinery 2023-08-31 11521755 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11521755 d:FurnitureFittings 2023-09-01 2024-08-31 11521755 d:FurnitureFittings 2024-08-31 11521755 d:FurnitureFittings 2023-08-31 11521755 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11521755 d:ComputerEquipment 2023-09-01 2024-08-31 11521755 d:ComputerEquipment 2024-08-31 11521755 d:ComputerEquipment 2023-08-31 11521755 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11521755 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 11521755 d:CurrentFinancialInstruments 2024-08-31 11521755 d:CurrentFinancialInstruments 2023-08-31 11521755 d:Non-currentFinancialInstruments 2024-08-31 11521755 d:Non-currentFinancialInstruments 2023-08-31 11521755 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 11521755 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 11521755 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 11521755 d:Non-currentFinancialInstruments d:AfterOneYear 2023-08-31 11521755 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-08-31 11521755 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-08-31 11521755 d:ShareCapital 2024-08-31 11521755 d:ShareCapital 2023-08-31 11521755 d:RetainedEarningsAccumulatedLosses 2024-08-31 11521755 d:RetainedEarningsAccumulatedLosses 2023-08-31 11521755 c:FRS102 2023-09-01 2024-08-31 11521755 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 11521755 c:FullAccounts 2023-09-01 2024-08-31 11521755 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 11521755 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 11521755














REEVES & GUY ENTERPRISES LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 AUGUST 2024

 
REEVES & GUY ENTERPRISES LIMITED
REGISTERED NUMBER:11521755

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023

FIXED ASSETS
  

Tangible assets
 4 
30,244
35,947

CURRENT ASSETS
  

Stocks
  
4,776
5,776

Debtors: amounts falling due within one year
 5 
4,087
1,338

Cash at bank and in hand
 6 
20,477
33,760

  
29,340
40,874

Creditors: amounts falling due within one year
 7 
(125,235)
(133,855)

NET CURRENT LIABILITIES
  
 
 
(95,895)
 
 
(92,981)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(65,651)
(57,034)

Creditors: amounts falling due after more than one year
 8 
(16,667)
(26,667)

  

NET LIABILITIES
  
£(82,318)
£(83,701)


CAPITAL AND RESERVES
  

Called up share capital 
  
100
100

Profit and loss account
  
(82,418)
(83,801)

  
£(82,318)
£(83,701)


Page 1

 
REEVES & GUY ENTERPRISES LIMITED
REGISTERED NUMBER:11521755

BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 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 on 12 June 2025.



___________________________
Mr L Reeves
Director

Page 2

 
REEVES & GUY ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Reeves & Guy Enterprises Limited is a company limited by shares and incorporated in England and Wales. The company registration number is 11521755. The registered office for the company is 22 High Street, Ashford, United Kingdom, TN24 8TD. 

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.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.4

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.

 
2.5

Borrowing costs

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

Page 3

 
REEVES & GUY ENTERPRISES 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 Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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:

Freehold property
-
10%
Straight line basis
Plant and machinery
-
20%
Reducing balance method
Fixtures and fittings
-
20%
Redusing balance method
Computer equipment
-
20%
Reducing balance method

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.

 
2.8

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 balance sheet 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.

 
2.9

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 4

 
REEVES & GUY ENTERPRISES LIMITED
 

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

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 13 (2023 - 14).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Fixtures and fittings
Computer equipment
Total



Cost or valuation


At 1 September 2023
27,744
20,124
19,722
3,040
70,630


Additions
-
1,116
-
-
1,116



At 31 August 2024

27,744
21,240
19,722
3,040
71,746



Depreciation


At 1 September 2023
11,096
11,338
10,766
1,483
34,683


Charge for the year on owned assets
2,774
1,943
1,791
311
6,819



At 31 August 2024

13,870
13,281
12,557
1,794
41,502



Net book value



At 31 August 2024
£13,874
£7,959
£7,165
£1,246
£30,244



At 31 August 2023
£16,648
£8,786
£8,956
£1,557
£35,947

Page 5

 
REEVES & GUY ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Debtors

2024
2023


Trade debtors
2,361
-

Other debtors
164
44

Prepayments and accrued income
1,562
1,294

£4,087
£1,338



6.


Cash and cash equivalents

2024
2023

Cash at bank and in hand
£20,477
£33,760



7.


Creditors: Amounts falling due within one year

2024
2023

Bank loans
10,000
10,000

Trade creditors
20,677
19,359

Other taxation and social security
19,803
29,917

Other creditors
72,046
72,047

Accruals and deferred income
2,709
2,532

£125,235
£133,855



8.


Creditors: Amounts falling due after more than one year

2024
2023

Bank loans
£16,667
£26,667


Page 6

 
REEVES & GUY ENTERPRISES LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023

Amounts falling due within one year

Bank loans
10,000
10,000

Amounts falling due 1-2 years

Bank loans
16,667
26,667



£26,667
£36,667



10.


Pension commitments

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. 


Page 7