Casa Environmental Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07649903 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2019

for

CASA ENVIRONMENTAL SERVICES LTD

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

B House

J House

REGISTERED OFFICE:

Unit 9, Londonderry Farm

Keynsham Road

Wilsbridge

Bristol

BS30 6ED

REGISTERED NUMBER:

07649903 (England and Wales)

ACCOUNTANTS:

Richardson Swift

Chartered Accountants

11 Laura Place

Bath

BA2 4BL

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of Casa Environmental Services Ltd for the year ended 31 May 2019 which comprise

the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Casa Environmental Services Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Casa Environmental Services Ltd and state those matters that we have agreed to state to the Board of Directors of Casa Environmental Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Casa Environmental Services Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Casa Environmental Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Casa Environmental Services Ltd. You consider that Casa Environmental Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Casa Environmental Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Richardson Swift

Chartered Accountants

11 Laura Place

Bath

BA2 4BL

19 February 2020

FIXED ASSETS

Tangible assets

4

28,142

31,024

CURRENT ASSETS

Stocks

12,465

10,516

Debtors

5

242,840

219,081

Cash at bank and in hand

302,482

255,993

557,787

485,590

CREDITORS

Amounts falling due within one year

6

252,226

244,803

NET CURRENT ASSETS

305,561

240,787

TOTAL ASSETS LESS CURRENT LIABILITIES

333,703

271,811

CREDITORS

Amounts falling due after more than one year

7

(2,687

)

(5,083

)

PROVISIONS FOR LIABILITIES

8

(2,332

)

(4,586

)

NET ASSETS

328,684

262,142

CAPITAL AND RESERVES

Called up share capital

9

4

4

Retained earnings

328,680

262,138

SHAREHOLDERS' FUNDS

328,684

262,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 February 2020 and were signed on its behalf by:

B House - Director

J House - Director

1.	STATUTORY INFORMATION

Casa Environmental Services Ltd is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoices sales of services, excluding value added tax. Turnover is recognised

when the service is rendered.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

Hire purchase and leasing commitments

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

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of

financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and 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 income statement.

For financial assets measured at amortised cost, the impairment loss is measured as the difference

between an asset's carrying amount and the present value of estimated cash flows discounted at the

assets original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the

difference between an asset's carrying amount and the best estimate, which is an approximation, of

the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there

is an enforceable right to set off the recognised amounts and there is an intention to settle on a net

basis or to realise the asset and settle the liability simultaneously.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2018 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 June 2018

11,040

74,502

85,542

Additions

-

11,073

11,073

Disposals

-

(16,700

)

(16,700

)

At 31 May 2019

11,040

68,875

79,915

DEPRECIATION

At 1 June 2018

5,715

48,803

54,518

Charge for year

799

7,872

8,671

Eliminated on disposal

-

(11,416

)

(11,416

)

At 31 May 2019

6,514

45,259

51,773

NET BOOK VALUE

At 31 May 2019

4,526

23,616

28,142

At 31 May 2018

5,325

25,699

31,024

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

199,539

208,724

Other debtors

43,301

10,357

242,840

219,081

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Hire purchase contracts

2,396

4,860

Trade creditors

123,148

122,842

Taxation and social security

115,658

104,394

Other creditors

11,024

12,707

252,226

244,803

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Hire purchase contracts

2,687

5,083

8.	PROVISIONS FOR LIABILITIES

2019

2018

£

£

Deferred tax

2,332

4,586

Deferred

tax

£

Balance at 1 June 2018

4,586

Accelerated capital allowances

(2,254

)

Balance at 31 May 2019

2,332

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

2

Ordinary A

1

2

2

1

Ordinary B

1

1

1

1

Ordinary C

1

1

1

4

4

B and C shares have no voting rights. Dividends are payable at varying rates for each class of shares.

On the winding up of the company priority will be given to A shares then B shares and finally C shares.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, a director owed the company £nil (2018: £3,521). During the year, £3521 was repaid.

11.	OPERATING LEASES

At the year end the company had non cancellable operating leases of £36,405 (2018 £44,654)

12.	CRITICAL ACCOUNTING ESTIMATES AND UNCERTAINTIES

No significant judgements or key assumptions have had to be made by the directors in preparing

these financial statements.