Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28trueNo description of principal activity0true0true2022-03-01 11444860 2022-03-01 2023-02-28 11444860 2021-03-01 2022-02-28 11444860 2023-02-28 11444860 2022-02-28 11444860 c:Director2 2022-03-01 2023-02-28 11444860 d:CurrentFinancialInstruments 2023-02-28 11444860 d:CurrentFinancialInstruments 2022-02-28 11444860 d:Non-currentFinancialInstruments 2023-02-28 11444860 d:Non-currentFinancialInstruments 2022-02-28 11444860 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 11444860 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 11444860 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 11444860 d:Non-currentFinancialInstruments d:AfterOneYear 2022-02-28 11444860 d:ShareCapital 2023-02-28 11444860 d:ShareCapital 2022-02-28 11444860 d:RetainedEarningsAccumulatedLosses 2023-02-28 11444860 d:RetainedEarningsAccumulatedLosses 2022-02-28 11444860 c:EntityNoLongerTradingButTradedInPast 2022-03-01 2023-02-28 11444860 c:FRS102 2022-03-01 2023-02-28 11444860 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 11444860 c:FullAccounts 2022-03-01 2023-02-28 11444860 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 11444860 6 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 11444860










LETTS SAVE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
LETTS SAVE LIMITED
REGISTERED NUMBER: 11444860

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
1
1

  
1
1

Current assets
  

Cash at bank and in hand
 5 
376
376

  
376
376

Creditors: amounts falling due within one year
 6 
(74,373)
(74,373)

Net current liabilities
  
 
 
(73,997)
 
 
(73,997)

Total assets less current liabilities
  
(73,996)
(73,996)

Creditors: amounts falling due after more than one year
 7 
(35,000)
(35,000)

  

Net liabilities
  
(108,996)
(108,996)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(109,096)
(109,096)

  
(108,996)
(108,996)


Page 1

 
LETTS SAVE LIMITED
REGISTERED NUMBER: 11444860
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2023

For the year ended 28 February 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 director acknowledges his 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: 




P J Galbraith
Director

Date: 22 November 2023

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

Page 2

 
LETTS SAVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Letts Save Limited, registered number 11444860, is a private company limited by shares. It is incorporated in England & Wales. Its registered office address is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT.

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

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

At the balance sheet date the company had net liabilities of £108,996. The company is not trading.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102.
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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated 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

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.8

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.

Page 3

 
LETTS SAVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Employees

The average monthly number of employees during the year was 0 (2022 - 0).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 March 2022
1



At 28 February 2023
1





5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
376
376

376
376



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
11,667
11,667

Other taxation and social security
41,800
41,800

Other creditors
12,807
12,807

Accruals and deferred income
8,099
8,099

74,373
74,373


Page 4

 
LETTS SAVE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
35,000
35,000

35,000
35,000


 
Page 5