Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31Investments222022-02-01truefalsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08351745 2022-02-01 2023-01-31 08351745 2021-02-01 2022-01-31 08351745 2023-01-31 08351745 2022-01-31 08351745 c:Director2 2022-02-01 2023-01-31 08351745 d:ComputerEquipment 2022-02-01 2023-01-31 08351745 d:CurrentFinancialInstruments 2023-01-31 08351745 d:CurrentFinancialInstruments 2022-01-31 08351745 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08351745 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 08351745 d:ShareCapital 2023-01-31 08351745 d:ShareCapital 2022-01-31 08351745 d:RetainedEarningsAccumulatedLosses 2023-01-31 08351745 d:RetainedEarningsAccumulatedLosses 2022-01-31 08351745 c:OrdinaryShareClass1 2022-02-01 2023-01-31 08351745 c:OrdinaryShareClass2 2022-02-01 2023-01-31 08351745 c:OrdinaryShareClass2 2023-01-31 08351745 c:OrdinaryShareClass3 2022-02-01 2023-01-31 08351745 c:OrdinaryShareClass3 2023-01-31 08351745 c:FRS102 2022-02-01 2023-01-31 08351745 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 08351745 c:FullAccounts 2022-02-01 2023-01-31 08351745 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 08351745 6 2022-02-01 2023-01-31 08351745 2 2023-01-31 08351745 2 2022-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08351745














LJZ LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 JANUARY 2023

 
LJZ LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 6


 
LJZ LIMITED
REGISTERED NUMBER:08351745

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
-
38,990

Current assets
  

Debtors: amounts falling due within one year
 5 
47
47

Bank and cash balances
  
1,322
1,382

  
1,369
1,429

Current Liabilities
  

Creditors: amounts falling due within one year
 6 
(510)
(510)

Net current assets
  
 
 
859
 
 
919

  

Net assets
  
859
39,909


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
759
39,809

  
859
39,909


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 24 October 2023.


L J Zmiro
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
LJZ LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

LJZ Limited is a private limited liability company incorporated in England and Wales. It's registered office address in at 2nd Floor Connaught House, 1-3 Mount Street, London, W1K 3NB. 
The priniciple activity of the company continued to be that of acting as an introducer. 

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

Turnover

Turnover represents introducer fees receivable. These fees are recognised to the extent it is probable the company has earned them and they can be reliably measured. 

 
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.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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:

Computer equipment
-
33.33% 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.

 
2.4

Valuation of investments

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 2

 
LJZ LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.5

Basic financial instruments

The company only enters into transactions that result in in basic financial instruments such as trade and other debtors, other creditors, cash at bank and in hand and loans from related parties. 
Trade debtors and other debtors are recognised initally at the transaction price less attributable transaction costs. Other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Sebsequently they are measured at amortised cost using the effective interest method, less any impairement losses in the case of trade and other debtors. 
Cash at bank and in hand comprise cash balances and call deposits. 
 

 
2.6

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is £ sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Page 3

 
LJZ LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
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 reporting 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 reporting 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 reporting date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
LJZ LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Fixed asset investments





Unlisted investments

£



Cost


At 1 February 2022
38,990



At 31 January 2023

38,990



Impairment


Charge for the period
38,990



At 31 January 2023

38,990



Net book value



At 31 January 2023
-



At 31 January 2022
38,990


5.


Debtors

2023
2022
£
£


Other debtors
24
24

Tax recoverable
23
23

47
47



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
510
510


Page 5

 
LJZ LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



65 Ordinary A shares of £1.00 each
65
65
10  Ordinary B shares of £1.00 each
10
10
25  Ordinary C shares of £1.00 each
25
25

100

100


The A ordinary, B ordinary and C ordinary shares rank Pari Passu in all respects.

 
Page 6