Assured Environmental Services Ltd 31/01/2025 iXBRL

Company registration number: 05266009

Assured Environmental Services Ltd

Unaudited filleted financial statements

31 January 2025

Assured Environmental Services Ltd

Contents

Statement of financial position

Notes to the financial statements

Assured Environmental Services Ltd

Statement of financial position

31 January 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	251,180		241,205
		_______		_______
			251,180		241,205

Current assets
Stocks		4,500		5,434
Debtors	7	465,116		318,526
Cash at bank and in hand		345,311		526,717
		_______		_______
		814,927		850,677
Creditors: amounts falling due
within one year	8	( 217,723)		( 162,458)
		_______		_______
Net current assets			597,204		688,219
			_______		_______
Total assets less current liabilities			848,384		929,424


Provisions for liabilities			( 62,795)		( 49,776)

			_______		_______
Net assets			785,589		879,648
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			785,489		879,548
			_______		_______
Shareholders funds			785,589		879,648
			_______		_______

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 09 September 2025 , and are signed on behalf of the board by:

Mr A McEntyre

Director

Company registration number: 05266009

Assured Environmental Services Ltd

Notes to the financial statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is H & M Ltd, The Four Columns, Broughton Hall Business Park, Skipton, North Yorkshire, BD23 3AE.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for the services rendered, net of discounts and Value Added Tax.Revenue from the provision of services is recognised in the period in which the services are provided when all of the following conditions are satisfied; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the entity; the stage of completion of the transaction at the end of the reporting period can be measured reliably and the costs incurred and costs to complete the transaction can be measured reliably.

Taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line
Contracts	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	reducing balance
Fittings fixtures and equipment	-	10 %	reducing balance
Motor vehicles	-	25 %	reducing balance
Office equipment	-	15 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in a settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method. Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 19 (2024: 19 ).

5. Intangible assets

	Goodwill	Other intangible assets	Total
	£	£	£
Cost
At 1 February 2024 and 31 January 2025	30,000	61,442	91,442
	_______	_______	_______
Amortisation
At 1 February 2024 and 31 January 2025	30,000	61,442	91,442
	_______	_______	_______
Carrying amount
At 31 January 2025	-	-	-
	_______	_______	_______
At 31 January 2024	-	-	-
	_______	_______	_______

6. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Office equipment	Total
	£	£	£	£	£
Cost
At 1 February 2024	72,414	10,014	397,556	38,005	517,989
Additions	-	-	79,263	-	79,263
Disposals	-	-	( 55,968)	-	( 55,968)
	_______	_______	_______	_______	_______
At 31 January 2025	72,414	10,014	420,851	38,005	541,284
	_______	_______	_______	_______	_______
Depreciation
At 1 February 2024	54,805	9,220	200,148	12,612	276,785
Charge for the year	1,031	( 375)	51,991	3,545	56,192
Disposals	-	-	( 42,873)	-	( 42,873)
	_______	_______	_______	_______	_______
At 31 January 2025	55,836	8,845	209,266	16,157	290,104
	_______	_______	_______	_______	_______
Carrying amount
At 31 January 2025	16,578	1,169	211,585	21,848	251,180
	_______	_______	_______	_______	_______
At 31 January 2024	17,609	794	197,408	25,393	241,204
	_______	_______	_______	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	313,239	212,196
Other debtors	151,877	106,330
	_______	_______
	465,116	318,526
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	24,382	20,300
Corporation tax	76,799	45,413
Social security and other taxes	109,645	93,255
Other creditors	6,897	3,490
	_______	_______
	217,723	162,458
	_______	_______

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr A McEntyre	74,790	213,129	( 171,667)	116,252
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr A McEntyre	104,898	231,559	( 261,667)	74,790
		_______	_______	_______	_______