Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-282025-02-282024-03-01true4140falsefalseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04128697 2024-03-01 2025-02-28 04128697 2023-03-01 2024-02-29 04128697 2025-02-28 04128697 2024-02-29 04128697 c:Director1 2024-03-01 2025-02-28 04128697 c:Director2 2024-03-01 2025-02-28 04128697 c:Director3 2024-03-01 2025-02-28 04128697 c:Director3 2025-02-28 04128697 c:Director4 2024-03-01 2025-02-28 04128697 c:Director5 2024-03-01 2025-02-28 04128697 c:RegisteredOffice 2024-03-01 2025-02-28 04128697 d:Buildings d:LongLeaseholdAssets 2024-03-01 2025-02-28 04128697 d:Buildings d:LongLeaseholdAssets 2025-02-28 04128697 d:Buildings d:LongLeaseholdAssets 2024-02-29 04128697 d:PlantMachinery 2024-03-01 2025-02-28 04128697 d:PlantMachinery 2025-02-28 04128697 d:PlantMachinery 2024-02-29 04128697 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 04128697 d:MotorVehicles 2024-03-01 2025-02-28 04128697 d:MotorVehicles 2025-02-28 04128697 d:MotorVehicles 2024-02-29 04128697 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 04128697 d:FurnitureFittings 2024-03-01 2025-02-28 04128697 d:FurnitureFittings 2025-02-28 04128697 d:FurnitureFittings 2024-02-29 04128697 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 04128697 d:OfficeEquipment 2024-03-01 2025-02-28 04128697 d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 04128697 d:CurrentFinancialInstruments 2025-02-28 04128697 d:CurrentFinancialInstruments 2024-02-29 04128697 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 04128697 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 04128697 d:ShareCapital 2025-02-28 04128697 d:ShareCapital 2024-02-29 04128697 d:RetainedEarningsAccumulatedLosses 2025-02-28 04128697 d:RetainedEarningsAccumulatedLosses 2024-02-29 04128697 c:FRS102 2024-03-01 2025-02-28 04128697 c:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 04128697 c:FullAccounts 2024-03-01 2025-02-28 04128697 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04128697 d:WithinOneYear 2025-02-28 04128697 d:WithinOneYear 2024-02-29 04128697 d:BetweenOneFiveYears 2025-02-28 04128697 d:BetweenOneFiveYears 2024-02-29 04128697 2 2024-03-01 2025-02-28 04128697 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure
Company registration number: 04128697







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
28 FEBRUARY 2025


A.D. MECHANICAL SERVICES LIMITED






































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A.D. MECHANICAL SERVICES LIMITED
 


 
COMPANY INFORMATION


Directors
A Tilley 
G Tilley 
L Tilley (appointed 24 September 2024)
M Taylor 
S McGovern 




Registered number
04128697



Registered office
8-10 Portsmouth Road
Cosham

Portsmouth

Hampshire

PO6 2AE




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


A.D. MECHANICAL SERVICES LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 8


 


A.D. MECHANICAL SERVICES LIMITED
REGISTERED NUMBER:04128697



STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
103,982
102,107

  
103,982
102,107

Current assets
  

Stocks
  
88,050
351,701

Debtors: amounts falling due within one year
 5 
2,596,891
2,533,666

Cash at bank and in hand
  
825,619
1,359,822

  
3,510,560
4,245,189

Creditors: amounts falling due within one year
 6 
(853,845)
(1,690,688)

Net current assets
  
 
 
2,656,715
 
 
2,554,501

Total assets less current liabilities
  
2,760,697
2,656,608

Provisions for liabilities
  

Deferred tax
  
(13,387)
(22,760)

  
 
 
(13,387)
 
 
(22,760)

Net assets
  
2,747,310
2,633,848

Page 1

 


A.D. MECHANICAL SERVICES LIMITED
REGISTERED NUMBER:04128697


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2025

28 February
29 February
2025
2024
Note
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
2,747,210
2,633,748

  
2,747,310
2,633,848


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 by: 




................................................
A Tilley
Director

Date: 24 June 2025

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

Page 2

 


A.D. MECHANICAL SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1.


General information

A.D. Mechanical Services Limited is a private company, limited by shares registered in England and Wales. The company's registered number and registered office address can be found on the Company information page at the front of these financial statements.
The presentation currency in these financial statements if GBP 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

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

Interest income

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

 
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.

Page 3

 


A.D. MECHANICAL SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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 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.


 
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.

Page 4

 


A.D. MECHANICAL SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

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:

Improvement to property
-
20%
straight line
Plant and machinery
-
15%
straight line
Motor vehicles
-
20%
straight line
Fixtures and fittings
-
10%
straight line
Office equipment
-
20%
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.

 
2.8

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 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.

 
2.9

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.

 
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.

Page 5

 


A.D. MECHANICAL SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

2.Accounting policies (continued)

 
2.12

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.

 
2.13

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 41 (2024 - 40).

Page 6

 


A.D. MECHANICAL SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

4.


Tangible fixed assets







Long-term leasehold property
Plant and machinery
Motor vehicles
Fixtures, fittings & office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 March 2024
256,604
16,645
171,479
93,541
538,269


Additions
-
1,930
42,690
1,993
46,613



At 28 February 2025

256,604
18,575
214,169
95,534
584,882



Depreciation


At 1 March 2024
254,891
10,568
92,611
78,092
436,162


Charge for the year on owned assets
936
2,434
36,283
5,085
44,738



At 28 February 2025

255,827
13,002
128,894
83,177
480,900



Net book value



At 28 February 2025
777
5,573
85,275
12,357
103,982



At 29 February 2024
1,713
6,077
78,868
15,449
102,107


5.


Debtors

28 February
29 February
2025
2024
£
£


Trade debtors
816,915
1,265,872

Amounts owed by group undertakings
757,156
585,649

Other debtors
995,729
581,245

Prepayments and accrued income
27,091
24,314

Tax recoverable
-
76,586

2,596,891
2,533,666


Page 7

 


A.D. MECHANICAL SERVICES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

6.


Creditors: Amounts falling due within one year

28 February
29 February
2025
2024
£
£

Trade creditors
323,671
749,804

Corporation tax
127,343
240,387

Other taxation and social security
33,929
24,041

Other creditors
295,803
501,649

Accruals and deferred income
73,099
174,807

853,845
1,690,688



7.


Commitments under operating leases

At 28 February 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

28 February
29 February
2025
2024
£
£


Not later than 1 year
10,133
8,788

Later than 1 year and not later than 5 years
10,414
495

20,547
9,283


8.


Parent Company

The Company is wholly owned by Tilley Investments Limited, a company based in the United Kingdom. The registered address of Tilley Investments Limited is: 8-10 Portsmouth Road, Cosham, Portsmouth, Hampshire, England PO6 2AE.

 
Page 8