Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsesupply and fitting of upvc products67falsetruefalse 08766370 2024-01-01 2024-12-31 08766370 2023-01-01 2023-12-31 08766370 2024-12-31 08766370 2023-12-31 08766370 c:Director2 2024-01-01 2024-12-31 08766370 d:PlantMachinery 2024-01-01 2024-12-31 08766370 d:MotorVehicles 2024-01-01 2024-12-31 08766370 d:MotorVehicles 2024-12-31 08766370 d:MotorVehicles 2023-12-31 08766370 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08766370 d:OfficeEquipment 2024-01-01 2024-12-31 08766370 d:OfficeEquipment 2024-12-31 08766370 d:OfficeEquipment 2023-12-31 08766370 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08766370 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 08766370 d:CurrentFinancialInstruments 2024-12-31 08766370 d:CurrentFinancialInstruments 2023-12-31 08766370 d:Non-currentFinancialInstruments 2024-12-31 08766370 d:Non-currentFinancialInstruments 2023-12-31 08766370 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 08766370 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 08766370 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 08766370 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 08766370 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 08766370 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 08766370 d:ShareCapital 2024-12-31 08766370 d:ShareCapital 2023-12-31 08766370 d:RetainedEarningsAccumulatedLosses 2024-12-31 08766370 d:RetainedEarningsAccumulatedLosses 2023-12-31 08766370 c:OrdinaryShareClass1 2024-01-01 2024-12-31 08766370 c:OrdinaryShareClass1 2024-12-31 08766370 c:OrdinaryShareClass1 2023-12-31 08766370 c:FRS102 2024-01-01 2024-12-31 08766370 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08766370 c:FullAccounts 2024-01-01 2024-12-31 08766370 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08766370 2 2024-01-01 2024-12-31 08766370 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 08766370



 
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE
 



INSTALL DIRECT LONDON LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
INSTALL DIRECT LONDON LIMITED
REGISTERED NUMBER: 08766370

BALANCE SHEET       AS AT 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

2024
2023
Note
£
£

Fixed assets
  

Tangible fixed assets
  
175,712
128,112

  
175,712
128,112

Current assets
  

Stocks
  
3,000
78,000

Debtors: amounts falling due within one year
 5 
1,888,395
668,032

Cash at bank and in hand
  
1,294,221
858,261

  
3,185,616
1,604,293

Creditors: amounts falling due within one year
 6 
(1,301,795)
(612,104)

Net current assets
  
 
 
1,883,821
 
 
992,189

Total assets less current liabilities
  
2,059,533
1,120,301

Creditors: amounts falling due after more than one year
 7 
(38,786)
(60,710)

  

Net assets
  
2,020,747
1,059,591


Capital and reserves
  

Called up share capital 
 9 
2
2

Profit and loss account
  
2,020,745
1,059,589

  
2,020,747
1,059,591


Page 1

 
INSTALL DIRECT LONDON LIMITED
REGISTERED NUMBER: 08766370
    
BALANCE SHEET (CONTINUED)      AS AT 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

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 by: 




................................................
C Stephens
Director
Date: 11 June 2025

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

Page 2

 
INSTALL DIRECT LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS      FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

1.


General information

Install Direct London Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is C/O Hillier Hopkins Llp, 249 Silbury Boulevard, Milton Keynes, Bucks, United Kingdom, MK9 1NA.
The Company's principal activity is that of supply and fitting of upvc products.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

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

Page 3

 
INSTALL DIRECT LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS      FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

2.Accounting policies (continued)

 
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.

 
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

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 balance sheet date in the countries where the Company operates and generates income.


 
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.

Page 4

 
INSTALL DIRECT LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS      FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
straight line basis
Motor vehicles
-
20%
reducing balance basis
Office equipment
-
25%
straight line basis

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 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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

 
2.13

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.

Page 5

 
INSTALL DIRECT LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS      FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

3.


Staff numbers

The average monthly number of employees, including directors, during the year was 6 (2023 - 7).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 January 2024
189,804
1,636
191,440


Additions
89,760
-
89,760



At 31 December 2024

279,564
1,636
281,200



Depreciation


At 1 January 2024
61,692
1,636
63,328


Charge for the year on owned assets
42,161
-
42,161



At 31 December 2024

103,853
1,636
105,489



Net book value



At 31 December 2024
175,711
-
175,711



At 31 December 2023
128,112
-
128,112


5.


Debtors

2024
2023
£
£


Trade debtors
1,130,851
534,617

Other debtors
751,794
127,665

Prepayments and accrued income
5,750
5,750

1,888,395
668,032


Page 6

 
INSTALL DIRECT LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS      FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Other loans
11,924
11,924

Trade creditors
653,991
348,329

Corporation tax
367,229
222,869

Other taxation and social security
2,330
2,106

Other creditors
13,333
11,538

Accruals and deferred income
242,988
5,338

1,301,795
612,104



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
5,000
15,000

Other loans
33,786
45,710

38,786
60,710


Page 7

 
INSTALL DIRECT LONDON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS      FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTS PRODUCED USING DEMONSTRATION SOFTWARE

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000

Other loans
11,924
11,924


21,924
21,924


Amounts falling due 2-5 years

Bank loans
5,000
15,000

Other loans
33,786
45,710


38,786
60,710


60,710
82,634



9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



10.


Related party transactions

The director's remuneration for the year was as follows:


2024
2023
£
£

Remuneration
10,200
10,250

 
Page 8