Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30true2023-07-01falseNo description of principal activity44falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09106051 2023-07-01 2024-06-30 09106051 2022-07-01 2023-06-30 09106051 2024-06-30 09106051 2023-06-30 09106051 c:Director1 2023-07-01 2024-06-30 09106051 d:PlantMachinery 2023-07-01 2024-06-30 09106051 d:PlantMachinery 2024-06-30 09106051 d:PlantMachinery 2023-06-30 09106051 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09106051 d:MotorVehicles 2023-07-01 2024-06-30 09106051 d:MotorVehicles 2024-06-30 09106051 d:MotorVehicles 2023-06-30 09106051 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09106051 d:FurnitureFittings 2023-07-01 2024-06-30 09106051 d:OfficeEquipment 2023-07-01 2024-06-30 09106051 d:OfficeEquipment 2024-06-30 09106051 d:OfficeEquipment 2023-06-30 09106051 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09106051 d:ComputerEquipment 2023-07-01 2024-06-30 09106051 d:ComputerEquipment 2024-06-30 09106051 d:ComputerEquipment 2023-06-30 09106051 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09106051 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09106051 d:CurrentFinancialInstruments 2024-06-30 09106051 d:CurrentFinancialInstruments 2023-06-30 09106051 d:Non-currentFinancialInstruments 2024-06-30 09106051 d:Non-currentFinancialInstruments 2023-06-30 09106051 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09106051 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 09106051 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 09106051 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 09106051 d:ShareCapital 2024-06-30 09106051 d:ShareCapital 2023-06-30 09106051 d:RetainedEarningsAccumulatedLosses 2024-06-30 09106051 d:RetainedEarningsAccumulatedLosses 2023-06-30 09106051 c:FRS102 2023-07-01 2024-06-30 09106051 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09106051 c:FullAccounts 2023-07-01 2024-06-30 09106051 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09106051 2 2023-07-01 2024-06-30 09106051 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 09106051









KUICK CAR HIRE LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
KUICK CAR HIRE LTD
REGISTERED NUMBER: 09106051

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 3 
6,375,698
4,801,082

  
6,375,698
4,801,082

Current assets
  

Debtors: amounts falling due within one year
 4 
593,342
403,987

Cash at bank and in hand
 5 
20,123
42,058

  
613,465
446,045

Creditors: amounts falling due within one year
 6 
(2,187,122)
(1,779,611)

Net current liabilities
  
 
 
(1,573,657)
 
 
(1,333,566)

Total assets less current liabilities
  
4,802,041
3,467,516

Creditors: amounts falling due after more than one year
 7 
(2,876,098)
(2,322,742)

  

Net assets
  
1,925,943
1,144,774


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,925,843
1,144,674

  
1,925,943
1,144,774


Page 1

 
KUICK CAR HIRE LTD
REGISTERED NUMBER: 09106051
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 Syal
Director

Date: 14 July 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
KUICK CAR HIRE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Kuick Car Hire Ltd is a private company limited by shares. The company is incorporated in England and Wales and the adress of its registered office is 11 Carlisle Road, London, England, NW9 OHD. The registered number is 09106051.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

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

 
2.5

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

 
KUICK CAR HIRE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.6

Borrowing costs

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

 
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.

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:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
10%
reducing balance
Fixtures and fittings
-
25%
straight line
Computer equipment
-

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

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.

Page 4

 
KUICK CAR HIRE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 July 2023
11,306
5,888,727
9,379
-
5,909,412


Additions
-
2,467,612
2,833
2,546
2,472,991


Disposals
-
(428,915)
-
-
(428,915)



At 30 June 2024

11,306
7,927,424
12,212
2,546
7,953,488



Depreciation


At 1 July 2023
8,292
1,100,038
-
-
1,108,330


Charge for the year on owned assets
754
600,679
3,053
637
605,123


Disposals
-
(135,663)
-
-
(135,663)



At 30 June 2024

9,046
1,565,054
3,053
637
1,577,790



Net book value



At 30 June 2024
2,260
6,362,370
9,159
1,909
6,375,698



At 30 June 2023
3,014
4,788,689
9,379
-
4,801,082

Page 5

 
KUICK CAR HIRE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Debtors

2024
2023
£
£


Trade debtors
8,796
-

Other debtors
584,546
403,987

593,342
403,987



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
20,123
42,058



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,121
30,053

Other loans
25,500
-

Trade creditors
29,507
17,691

Corporation tax
105,025
-

Other taxation and social security
13,154
13,154

Obligations under finance lease and hire purchase contracts
1,651,101
1,398,061

Other creditors
349,714
317,652

Accruals and deferred income
3,000
3,000

2,187,122
1,779,611



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
31,131
20,000

Net obligations under finance leases and hire purchase contracts
2,339,138
2,302,742

Other creditors
505,829
-

2,876,098
2,322,742


 
Page 6