Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity1213truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02298598 2022-04-01 2023-03-31 02298598 2021-04-01 2022-03-31 02298598 2023-03-31 02298598 2022-03-31 02298598 c:Director1 2022-04-01 2023-03-31 02298598 d:Buildings 2022-04-01 2023-03-31 02298598 d:Buildings 2023-03-31 02298598 d:Buildings 2022-03-31 02298598 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 02298598 d:PlantMachinery 2022-04-01 2023-03-31 02298598 d:PlantMachinery 2023-03-31 02298598 d:PlantMachinery 2022-03-31 02298598 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 02298598 d:MotorVehicles 2022-04-01 2023-03-31 02298598 d:MotorVehicles 2023-03-31 02298598 d:MotorVehicles 2022-03-31 02298598 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 02298598 d:FurnitureFittings 2022-04-01 2023-03-31 02298598 d:FurnitureFittings 2023-03-31 02298598 d:FurnitureFittings 2022-03-31 02298598 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 02298598 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 02298598 d:CurrentFinancialInstruments 2023-03-31 02298598 d:CurrentFinancialInstruments 2022-03-31 02298598 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 02298598 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 02298598 d:ShareCapital 2023-03-31 02298598 d:ShareCapital 2022-03-31 02298598 d:RevaluationReserve 2023-03-31 02298598 d:RevaluationReserve 2022-03-31 02298598 d:RetainedEarningsAccumulatedLosses 2023-03-31 02298598 d:RetainedEarningsAccumulatedLosses 2022-03-31 02298598 c:FRS102 2022-04-01 2023-03-31 02298598 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 02298598 c:FullAccounts 2022-04-01 2023-03-31 02298598 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 02298598









LINTEL INTERNATIONAL LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
LINTEL INTERNATIONAL LIMITED
REGISTERED NUMBER: 02298598

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
459,188
521,025

  
459,188
521,025

Current assets
  

Debtors: amounts falling due within one year
 5 
303,047
386,070

Cash at bank and in hand
 6 
618,674
694,676

  
921,721
1,080,746

Creditors: amounts falling due within one year
 7 
(298,573)
(375,686)

Net current assets
  
 
 
623,148
 
 
705,060

Total assets less current liabilities
  
1,082,336
1,226,085

  

Net assets
  
1,082,336
1,226,085


Capital and reserves
  

Called up share capital 
  
10,000
10,000

Revaluation reserve
  
307,908
377,908

Profit and loss account
  
764,428
838,177

  
1,082,336
1,226,085


Page 1

 
LINTEL INTERNATIONAL LIMITED
REGISTERED NUMBER: 02298598
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 by: 




J Brooks
Director

Date: 9 October 2023

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

Page 2

 
LINTEL INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Lintel International Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The registered office is 7 Caxton Centre, Porters Wood, St Albans, Hertfordshire, AL3 6XT.
The company's principal activity is that of electrical contracting and voice and data cabling installation.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

 
2.2

Revenue

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

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:

Plant and machinery
-
20%
Motor vehicles
-
25%
Fixtures and fittings
-
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.

Page 3

 
LINTEL INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.5

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.

 
2.6

Borrowing costs

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

 
2.7

Taxation

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2022 - 13).

Page 4

 
LINTEL INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Freehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£
£



Cost or valuation


At 1 April 2022
500,000
19,212
294,115
143,895
957,222


Additions
-
-
20,350
1,015
21,365


Revaluations
(70,000)
-
-
-
(70,000)



At 31 March 2023

430,000
19,212
314,465
144,910
908,587



Depreciation


At 1 April 2022
-
11,529
281,809
142,858
436,196


Charge for the year on owned assets
-
3,843
8,579
781
13,203



At 31 March 2023

-
15,372
290,388
143,639
449,399



Net book value



At 31 March 2023
430,000
3,840
24,077
1,271
459,188



At 31 March 2022
500,000
7,683
12,305
1,037
521,025

If the freehold property had not been included at valuation they would have been included under the historical cost convention as follows:

2023
2022
£
£



Cost
203,515
203,515

Accumulated depreciation
(93,633)
(89,563)

Net book value
109,882
113,952

Page 5

 
LINTEL INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Freehold property
£



At cost
203,515

Revaluation: 2020
296,485

Revaluation: 2023
(70,000)

430,000


5.


Debtors

2023
2022
£
£


Trade debtors
276,804
369,831

Prepayments and accrued income
5,938
5,644

Corporation tax recoverable
20,305
10,595

303,047
386,070



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
618,674
694,676

Less: bank overdrafts
-
(8,180)

618,674
686,496



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
-
8,180

Trade creditors
156,583
206,406

Corporation tax
-
44,975

Other taxation and social security
135,067
109,971

Other creditors
3,173
2,404

Accruals and deferred income
3,750
3,750

298,573
375,686


Page 6

 
LINTEL INTERNATIONAL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £10,328 (2022: £10,224). At the balance sheet date, the amount owing to the scheme was £3,173 (2022: £2,404)

 
Page 7