Caseware UK (AP4) 2021.0.152 2021.0.152 2022-02-282022-02-28No description of principal activity2021-03-01false22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10632472 2021-03-01 2022-02-28 10632472 2020-03-01 2021-02-28 10632472 2022-02-28 10632472 2021-02-28 10632472 c:Director1 2021-03-01 2022-02-28 10632472 d:FurnitureFittings 2021-03-01 2022-02-28 10632472 d:FurnitureFittings 2022-02-28 10632472 d:FurnitureFittings 2021-02-28 10632472 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-03-01 2022-02-28 10632472 d:OfficeEquipment 2021-03-01 2022-02-28 10632472 d:OfficeEquipment 2022-02-28 10632472 d:OfficeEquipment 2021-02-28 10632472 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-03-01 2022-02-28 10632472 d:OwnedOrFreeholdAssets 2021-03-01 2022-02-28 10632472 d:CurrentFinancialInstruments 2022-02-28 10632472 d:CurrentFinancialInstruments 2021-02-28 10632472 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 10632472 d:CurrentFinancialInstruments d:WithinOneYear 2021-02-28 10632472 d:ShareCapital 2022-02-28 10632472 d:ShareCapital 2021-02-28 10632472 d:RetainedEarningsAccumulatedLosses 2022-02-28 10632472 d:RetainedEarningsAccumulatedLosses 2021-02-28 10632472 d:AcceleratedTaxDepreciationDeferredTax 2022-02-28 10632472 d:AcceleratedTaxDepreciationDeferredTax 2021-02-28 10632472 c:OrdinaryShareClass1 2021-03-01 2022-02-28 10632472 c:OrdinaryShareClass1 2022-02-28 10632472 c:OrdinaryShareClass1 2021-02-28 10632472 c:FRS102 2021-03-01 2022-02-28 10632472 c:AuditExempt-NoAccountantsReport 2021-03-01 2022-02-28 10632472 c:FullAccounts 2021-03-01 2022-02-28 10632472 c:PrivateLimitedCompanyLtd 2021-03-01 2022-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10632472










LIME TREE MARKETING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2022

 
LIME TREE MARKETING LIMITED
REGISTERED NUMBER:10632472

BALANCE SHEET
AS AT 28 FEBRUARY 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 5 
244
326

  
244
326

Current assets
  

Debtors: amounts falling due within one year
 6 
3,124
3,685

Cash at bank and in hand
 7 
3,632
2,112

  
6,756
5,797

Creditors: amounts falling due within one year
 8 
(2,999)
(1,634)

Net current assets
  
 
 
3,757
 
 
4,163

Total assets less current liabilities
  
4,001
4,489

Provisions for liabilities
  

Deferred tax
 9 
(46)
(62)

  
 
 
(46)
 
 
(62)

Net assets
  
3,955
4,427


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
3,855
4,327

  
3,955
4,427


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LIME TREE MARKETING LIMITED
REGISTERED NUMBER:10632472
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2022

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 8 September 2022.




Jayne Wotton
Director

The notes on pages 3 to 8 form part of these financial statements.

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LIME TREE MARKETING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

1.


General information

Lime Tree Marketing Limited, 10632472, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at 64 Churchill Drive, Newtown, Powys, SY16 2LH.
The principal activity of the Company is marketing.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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:

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.

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LIME TREE MARKETING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

2.Accounting policies (continued)

 
2.3

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.

 
2.4

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Office equipment
-
25%

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.

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LIME TREE MARKETING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
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.


Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances.
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

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LIME TREE MARKETING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

5.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 March 2021
129
832
961



At 28 February 2022

129
832
961



Depreciation


At 1 March 2021
74
561
635


Charge for the year on owned assets
14
68
82



At 28 February 2022

88
629
717



Net book value



At 28 February 2022
41
203
244



At 28 February 2021
55
271
326


6.


Debtors

2022
2021
£
£


Trade debtors
3,084
2,700

Other debtors
-
985

Prepayments and accrued income
40
-

3,124
3,685


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LIME TREE MARKETING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

7.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
3,632
2,112

3,632
2,112



8.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
-
40

Other taxation and social security
1,609
556

Other creditors
287
-

Accruals and deferred income
1,103
1,038

2,999
1,634



9.


Deferred taxation




2022


£






At beginning of year
62


Charged to profit or loss
(16)



At end of year
46

The provision for deferred taxation is made up as follows:

2022
2021
£
£


Accelerated capital allowances
46
62

46
62

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LIME TREE MARKETING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022

10.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary shares of £1.00 each
100
100


 
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