Caseware UK (AP4) 2024.0.164 2024.0.164 2023-09-01falsefalse27falseThe principal activity of the company is auctioneers and valuers.25trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02717623 2023-09-01 2024-08-31 02717623 2022-09-01 2023-08-31 02717623 2024-08-31 02717623 2023-08-31 02717623 c:Director1 2023-09-01 2024-08-31 02717623 d:Buildings d:LongLeaseholdAssets 2023-09-01 2024-08-31 02717623 d:Buildings d:LongLeaseholdAssets 2024-08-31 02717623 d:Buildings d:LongLeaseholdAssets 2023-08-31 02717623 d:MotorVehicles 2023-09-01 2024-08-31 02717623 d:MotorVehicles 2024-08-31 02717623 d:MotorVehicles 2023-08-31 02717623 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 02717623 d:FurnitureFittings 2023-09-01 2024-08-31 02717623 d:FurnitureFittings 2024-08-31 02717623 d:FurnitureFittings 2023-08-31 02717623 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 02717623 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 02717623 d:Goodwill 2024-08-31 02717623 d:Goodwill 2023-08-31 02717623 d:CurrentFinancialInstruments 2024-08-31 02717623 d:CurrentFinancialInstruments 2023-08-31 02717623 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 02717623 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 02717623 d:ShareCapital 2024-08-31 02717623 d:ShareCapital 2023-08-31 02717623 d:RetainedEarningsAccumulatedLosses 2024-08-31 02717623 d:RetainedEarningsAccumulatedLosses 2023-08-31 02717623 c:FRS102 2023-09-01 2024-08-31 02717623 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 02717623 c:FullAccounts 2023-09-01 2024-08-31 02717623 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 02717623 d:WithinOneYear 2024-08-31 02717623 d:WithinOneYear 2023-08-31 02717623 d:BetweenOneFiveYears 2024-08-31 02717623 d:BetweenOneFiveYears 2023-08-31 02717623 d:MoreThanFiveYears 2024-08-31 02717623 d:MoreThanFiveYears 2023-08-31 02717623 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Registered number: 02717623













Anderson & Garland Limited

Financial statements
Information for filing with the registrar

31 August 2024




 
Anderson & Garland Limited


Balance sheet
At 31 August 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
142,698
102,739

  
142,698
102,739

Current assets
  

Stocks
  
5,000
5,000

Debtors
 6 
118,824
107,403

Cash at bank and in hand
  
1,511,942
1,518,105

  
1,635,766
1,630,508

Creditors: amounts falling due within one year
 7 
(442,146)
(474,609)

Net current assets
  
 
 
1,193,620
 
 
1,155,899

Total assets less current liabilities
  
1,336,318
1,258,638

Provisions for liabilities
  

Deferred tax
  
(33,147)
(23,967)

  
 
 
(33,147)
 
 
(23,967)

Net assets
  
1,303,171
1,234,671


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,303,071
1,234,571

Shareholders' funds
  
1,303,171
1,234,671


1

 
Anderson & Garland Limited

    
Balance sheet (continued)
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 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 3 July 2025.




J F  Thomson
Director

Registered number: 02717623
The notes on pages 3 to 8 form part of these financial statements. 

2

 
Anderson & Garland Limited
 
 

Notes to the financial statements
Year ended 31 August 2024

1.


General information

Anderson & Garland Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England. the address of the registered office is given in the company information page of this annual report.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102, the 'Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities.  Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

 
2.3

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.

3

 
Anderson & Garland Limited
 

 
Notes to the financial statements
Year ended 31 August 2024

2.Accounting policies (continued)

 
2.4

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 balance sheet 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 balance sheet 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 balance sheet date.


 
2.5

Intangible assets

Goodwill
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the statement of comprehensive income over its useful economic life.

 
2.6

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.

4

 
Anderson & Garland Limited
 

 
Notes to the financial statements
Year ended 31 August 2024

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

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:

Leasehold property
-
10% straight line
Motor vehicles
-
25% reducing balance
Fixtures and fittings
-
12.5 - 25% reducing balance

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.

 
2.7

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. 
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.

 
2.8

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.

 
2.9

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 27 (2023 - 25).

5

 
Anderson & Garland Limited
 
 

Notes to the financial statements
Year ended 31 August 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 September 2023
900,000



At 31 August 2024

900,000



Amortisation


At 1 September 2023
900,000



At 31 August 2024

900,000



Net book value



At 31 August 2024
-



At 31 August 2023
-



6

 
Anderson & Garland Limited
 
 

Notes to the financial statements
Year ended 31 August 2024

5.


Tangible fixed assets





Long-term leasehold property
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost 


At 1 September 2023
29,037
54,749
138,044
221,830


Additions
21,629
-
54,735
76,364


Disposals
(444)
-
(20,417)
(20,861)



At 31 August 2024

50,222
54,749
172,362
277,333



Depreciation


At 1 September 2023
22,014
21,808
75,269
119,091


Charge for the year 
2,716
8,235
19,423
30,374


Disposals
(444)
-
(14,386)
(14,830)



At 31 August 2024

24,286
30,043
80,306
134,635



Net book value



At 31 August 2024
25,936
24,706
92,056
142,698



At 31 August 2023
7,023
32,941
62,775
102,739


6.


Debtors

2024
2023
£
£



Trade debtors
51,106
35,571

Amounts owed by group undertakings
-
13,000

Prepayments and accrued income
67,718
58,832

118,824
107,403


7

 
Anderson & Garland Limited
 
 

Notes to the financial statements
Year ended 31 August 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
259,649
243,515

Corporation tax
63,830
113,552

Other taxation and social security
109,495
97,535

Other creditors
-
3,880

Accruals and deferred income
9,172
16,127

442,146
474,609



8.


Commitments under operating leases

At 31 August 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
95,668
29,696

Later than 1 year and not later than 5 years
344,632
-

Later than 5 years
361,250
-

801,550
29,696

 
8