Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-31 2024-12-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.9 2024-01-01 false rental and maintenance of work clothing 9 true true false 07948204 2024-01-01 2024-12-31 07948204 2023-01-01 2023-12-31 07948204 2024-12-31 07948204 2023-12-31 07948204 c:Director1 2024-01-01 2024-12-31 07948204 d:Buildings d:ShortLeaseholdAssets 2024-01-01 2024-12-31 07948204 d:Buildings d:ShortLeaseholdAssets 2024-12-31 07948204 d:Buildings d:ShortLeaseholdAssets 2023-12-31 07948204 d:PlantMachinery 2024-01-01 2024-12-31 07948204 d:PlantMachinery 2024-12-31 07948204 d:PlantMachinery 2023-12-31 07948204 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07948204 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07948204 d:CurrentFinancialInstruments 2024-12-31 07948204 d:CurrentFinancialInstruments 2023-12-31 07948204 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07948204 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07948204 d:ShareCapital 2024-12-31 07948204 d:ShareCapital 2023-12-31 07948204 d:RetainedEarningsAccumulatedLosses 2024-12-31 07948204 d:RetainedEarningsAccumulatedLosses 2023-12-31 07948204 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 07948204 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 07948204 c:FRS102 2024-01-01 2024-12-31 07948204 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07948204 c:FullAccounts 2024-01-01 2024-12-31 07948204 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07948204 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 07948204 FGMH SERVICES LTD UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 DECEMBER 2024
FGMH SERVICES LTD REGISTERED NUMBER: 07948204 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024 |  | 2023
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 18,080 |  | 20,147
|  |  | 18,080 |  | 20,147
Current assets |  |  |  |  |
Stocks |  | 46,601 |  | 47,088 |
Debtors: amounts falling due within one year | 5 | 85,109 |  | 78,548 |
Cash at bank and in hand |  | 13,279 |  | 24,505 |
|  | 144,989 |  | 150,141 |
Creditors: amounts falling due within one year | 6 | (37,895) |  | (37,807) |
Net current assets |  |  | 107,094 |  | 112,334
Total assets less current liabilities |  |  | 125,174 |  | 132,481
Provisions for liabilities |  |  |  |  |
Deferred tax | 7 | - |  | (2,756) |
|  |  | - |  | (2,756)
Net assets |  |  | 125,174 |  | 129,725
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1,000 |  | 1,000
Profit and loss account |  |  | 124,174 |  | 128,725
|  |  | 125,174 |  | 129,725
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FGMH SERVICES LTD REGISTERED NUMBER: 07948204 BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 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 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 22 July 2025.
A Metcalfe
Director
The notes on pages 3 to 9 form part of these financial statements. Page 2
FGMH SERVICES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. | General information
FGMH Services Ltd is a private limited liability company with share capital incorporated in England & Wales under company number 07948204. The company's registered office and principle place of business is Penn House, Stony Stratford, Milton Keynes, MK11 1BQ. 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. Page 3
FGMH SERVICES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 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. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.4 | 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.
| 2.5 | 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. Page 4
FGMH SERVICES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 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. 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:
|  |  |  | Short-term leasehold property | - | 5% | straight line
|  |  |  | Plant and machinery | - | 25% | 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.
| 2.7 | 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. 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.
| 2.8 | 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.
| 2.9 | 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
FGMH SERVICES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.10 | 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.
3. | Employees
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Wages and salaries | 190,940 | 168,965
| Social security costs | 10,845 | 9,076
| Cost of defined contribution scheme | 3,450 | 3,607
|  | 205,235 | 181,648
| The average monthly number of employees, including directors, during the year was 9 (2023 - 9).
Page 6
FGMH SERVICES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
4. | Tangible fixed assets
|  | Short-term leasehold property | Plant and machinery | Total
|  | £ | £ | £
| Cost or valuation |  |  |
| At 1 January 2024 | 38,238 | 22,422 | 60,660
| At 31 December 2024 | 38,238 | 22,422 | 60,660
| Depreciation |  |  |
| At 1 January 2024 | 18,244 | 22,270 | 40,514
| Charge for the year on owned assets | 1,912 | 154 | 2,066
| At 31 December 2024 | 20,156 | 22,424 | 42,580
| Net book value |  |  |
| At 31 December 2024 | 18,082 | (2) | 18,080
| At 31 December 2023 | 19,994 | 153 | 20,147
5. | Debtors
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade debtors | 78,986 | 77,196
| Other debtors | 2,427 | 766
| Prepayments and accrued income | 3,696 | 586
|  | 85,109 | 78,548
Page 7
FGMH SERVICES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Trade creditors | 28,163 | 24,876
| Other taxation and social security | 8,052 | 10,811
| Accruals and deferred income | 1,680 | 2,120
|  | 37,895 | 37,807
7. | Deferred taxation
|  | 2024
|  | £
| At beginning of year | (2,756)
| Utilised in year | 2,756
| At end of year | -
| The deferred taxation balance is made up as follows:
|  |  |  |  | 2024 | 2023
|  |  |  |  | £ | £
| Accelerated capital allowances | - | (2,756)
|  | - | (2,756)
8. | Pension commitments
The company operates a defined contribution pension scheme whose assets are held seperately from those of the company. The pension cost charge represents contributions paid by the company to the scheme and amounts to £3,450 (2023: £3,607) for the employees. At 31 December 2024 there were outstanding employer contributions of £nil (2023: £nil).
9. | Related party transactions
| The Company occupies premises owned by the ultimate controlling party. Rent of £39,600 (2023: £38,925) and insurance of £1,678 (2023: £1,678) were paid for in the year. The Company leases vans from the ultimate controlling party. Payments for the operating rentals totalled £2,521 (2023: £5,829) and ceased during the year.
Page 8
FGMH SERVICES LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
10. | Controlling party
The ultimate controlling party is F G Metcalfe & Son Holdings Limited, a company incorporated in England & Wales.
Page 9