Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-3122022-02-01falseHolding Company.2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10892626 2022-02-01 2023-01-31 10892626 2021-02-01 2022-01-31 10892626 2023-01-31 10892626 2022-01-31 10892626 c:Director2 2022-02-01 2023-01-31 10892626 d:CurrentFinancialInstruments 2023-01-31 10892626 d:CurrentFinancialInstruments 2022-01-31 10892626 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 10892626 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 10892626 d:ShareCapital 2023-01-31 10892626 d:ShareCapital 2022-01-31 10892626 d:RetainedEarningsAccumulatedLosses 2023-01-31 10892626 d:RetainedEarningsAccumulatedLosses 2022-01-31 10892626 c:OrdinaryShareClass1 2022-02-01 2023-01-31 10892626 c:OrdinaryShareClass1 2023-01-31 10892626 c:OrdinaryShareClass1 2022-01-31 10892626 c:OrdinaryShareClass2 2022-02-01 2023-01-31 10892626 c:OrdinaryShareClass2 2023-01-31 10892626 c:OrdinaryShareClass2 2022-01-31 10892626 c:OrdinaryShareClass3 2022-02-01 2023-01-31 10892626 c:OrdinaryShareClass3 2023-01-31 10892626 c:OrdinaryShareClass3 2022-01-31 10892626 c:OrdinaryShareClass4 2022-02-01 2023-01-31 10892626 c:OrdinaryShareClass4 2023-01-31 10892626 c:OrdinaryShareClass4 2022-01-31 10892626 c:FRS102 2022-02-01 2023-01-31 10892626 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 10892626 c:FullAccounts 2022-02-01 2023-01-31 10892626 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 10892626 6 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10892626









LONDON BIFOLD (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
LONDON BIFOLD (HOLDINGS) LIMITED
REGISTERED NUMBER: 10892626

BALANCE SHEET
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
720,004
720,004

  
720,004
720,004

Current assets
  

Debtors: amounts falling due within one year
 5 
2,860
-

  
2,860
-

Creditors: amounts falling due within one year
 6 
(112,744)
(169,884)

Net current liabilities
  
 
 
(109,884)
 
 
(169,884)

Total assets less current liabilities
  
610,120
550,120

  

Net assets
  
610,120
550,120


Capital and reserves
  

Called up share capital 
 7 
120
120

Profit and loss account
  
610,000
550,000

  
610,120
550,120


Page 1

 
LONDON BIFOLD (HOLDINGS) LIMITED
REGISTERED NUMBER: 10892626
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 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 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 27 October 2023.




M J James
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
LONDON BIFOLD (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

London Bifold (Holdings) Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Unit R3, Lower Road, Northfleet Industrial Estate, Northfleet, United Kingdom, DA11 9SN. The company's principal activity is that of a holding company.

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

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.

 
2.4

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.

 
2.5

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.

 
2.6

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.


Employees

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

Page 3

 
LONDON BIFOLD (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2022
720,004



At 31 January 2023
720,004





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
2,860
-

2,860
-



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
4
5,144

Other creditors
112,740
164,740

112,744
169,884



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



50 (2022 - 50) Ordinary shares of £1.00 each
50
50
50 (2022 - 50) A Ordinary shares of £1.00 each
50
50
10 (2022 - 10) B Ordinary shares of £1.00 each
10
10
10 (2022 - 10) C Ordinary shares of £1.00 each
10
10

120

120


Page 4

 
LONDON BIFOLD (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

8.


Related party transactions

The company has taken advantage of the exemptions in FRS102 s33.a1 from the disclosure of transactions with other members of the London Bifold (Holdings) Limited group on the grounds that these are wholly owned subsidiaries. 
Included within other creditors due within one year is £100,760 
(2021: £160,760) owed to the directors of the company. This amount is interest free and payable on demand.
Included within other creditors due within one year is £11,980 
(2022: £3,980) owed to close family members of the directors.
The directors had interests in dividends paid during the year of £74,132 
(2022: £74,132).

 
Page 5