Caseware UK (AP4) 2024.0.164 2024.0.164 2023-06-302023-06-302022-07-01falsewater pipe renewal specialists35falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12397927 2022-07-01 2023-06-30 12397927 2021-07-01 2022-06-30 12397927 2023-06-30 12397927 2022-06-30 12397927 c:Director2 2022-07-01 2023-06-30 12397927 d:CurrentFinancialInstruments 2023-06-30 12397927 d:CurrentFinancialInstruments 2022-06-30 12397927 d:Non-currentFinancialInstruments 2023-06-30 12397927 d:Non-currentFinancialInstruments 2022-06-30 12397927 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 12397927 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 12397927 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 12397927 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 12397927 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 12397927 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-06-30 12397927 d:ShareCapital 2023-06-30 12397927 d:ShareCapital 2022-06-30 12397927 d:RetainedEarningsAccumulatedLosses 2023-06-30 12397927 d:RetainedEarningsAccumulatedLosses 2022-06-30 12397927 c:OrdinaryShareClass1 2022-07-01 2023-06-30 12397927 c:OrdinaryShareClass1 2023-06-30 12397927 c:OrdinaryShareClass1 2022-06-30 12397927 c:FRS102 2022-07-01 2023-06-30 12397927 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 12397927 c:FullAccounts 2022-07-01 2023-06-30 12397927 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 12397927 6 2022-07-01 2023-06-30 12397927 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12397927









GOING ENVIRONMENTAL LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

 
GOING ENVIRONMENTAL LTD
REGISTERED NUMBER: 12397927

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
108,049
108,049

  
108,049
108,049

Current assets
  

Debtors: amounts falling due within one year
 5 
-
4,547

Cash at bank and in hand
 6 
523
2,859

  
523
7,406

Creditors: amounts falling due within one year
 7 
(88,754)
(84,488)

Net current liabilities
  
 
 
(88,231)
 
 
(77,082)

Total assets less current liabilities
  
19,818
30,967

Creditors: amounts falling due after more than one year
 8 
-
(17,500)

  

Net assets
  
19,818
13,467


Capital and reserves
  

Called up share capital 
 10 
150
150

Profit and loss account
  
19,668
13,317

  
19,818
13,467


Page 1

 
GOING ENVIRONMENTAL LTD
REGISTERED NUMBER: 12397927
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

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 6 August 2025.




................................................
Stephen Welch
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
GOING ENVIRONMENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Going Environmental Ltd is a private company, incorporated in England and Wales, limited by its share capital.  The principal activity of the Company is the renewal of water pipes.

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.

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

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

 
GOING ENVIRONMENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.4

Borrowing costs

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

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.6

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.

 
2.7

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.

 
2.8

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.

 
2.9

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.

Page 4

 
GOING ENVIRONMENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

3.


Employees

2023
2022
£
£

Wages and salaries
-
57,040

Social security costs
-
5,655

Cost of defined contribution scheme
-
1,470

-
64,165


The average monthly number of employees, including directors, during the year was 3 (2022 - 5).


4.


Fixed asset investments





Investments

£



Cost or valuation


At 1 July 2022
108,049



At 30 June 2023
108,049





5.


Debtors

2023
2022
£
£


Trade debtors
-
4,547

-
4,547



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
523
2,859

523
2,859


Page 5

 
GOING ENVIRONMENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
17,500
35,000

Trade creditors
-
95

Amounts owed to joint ventures
40,079
8,077

Other taxation and social security
-
10,366

Other creditors
30,000
29,850

Accruals and deferred income
1,175
1,100

88,754
84,488



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
-
17,500

-
17,500



9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
17,500
35,000

Amounts falling due 1-2 years

Bank loans
-
17,500



17,500
52,500


Page 6

 
GOING ENVIRONMENTAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



150 (2022 - 150) Ordinary shares of £1.00 each
150
150



11.


Controlling party

There is no overall controlling party.

 
Page 7