Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31true12022-04-01falseNo description of principal activity2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10692593 2022-04-01 2023-03-31 10692593 2021-04-01 2022-03-31 10692593 2023-03-31 10692593 2022-03-31 10692593 c:Director1 2022-04-01 2023-03-31 10692593 d:OfficeEquipment 2022-04-01 2023-03-31 10692593 d:OfficeEquipment 2023-03-31 10692593 d:OfficeEquipment 2022-03-31 10692593 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10692593 d:CurrentFinancialInstruments 2023-03-31 10692593 d:CurrentFinancialInstruments 2022-03-31 10692593 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10692593 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10692593 d:ShareCapital 2023-03-31 10692593 d:ShareCapital 2022-03-31 10692593 d:RetainedEarningsAccumulatedLosses 2023-03-31 10692593 d:RetainedEarningsAccumulatedLosses 2022-03-31 10692593 c:FRS102 2022-04-01 2023-03-31 10692593 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10692593 c:FullAccounts 2022-04-01 2023-03-31 10692593 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10692593 2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10692593









LEGISTEAM LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
LEGISTEAM LIMITED
REGISTERED NUMBER: 10692593

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,797
1,672

  
1,797
1,672

Current assets
  

Debtors: amounts falling due within one year
 5 
14,592
42,717

Cash at bank and in hand
 6 
4,623
69,399

  
19,215
112,116

Creditors: amounts falling due within one year
 7 
(10,581)
(24,392)

Net current assets
  
 
 
8,634
 
 
87,724

Total assets less current liabilities
  
10,431
89,396

  

Net assets
  
10,431
89,396


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
10,331
89,296

  
10,431
89,396


Page 1

 
LEGISTEAM LIMITED
REGISTERED NUMBER: 10692593
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The director considers 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 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: 




................................................
B Fatier
Director

Date: 8 March 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

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

1.


General information

Legisteam Limited is a private company, limited by shares. The company is incorporated in England and Wales and the address of the registered office is Aston House, Cornwall Avenue, London N3 1LF. The company registered number is 10692593.

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.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

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.

Page 3

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

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

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:

Office equipment
-
25%
reducing balance

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 2).

Page 4

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

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2022
4,177


Additions
724



At 31 March 2023

4,901



Depreciation


At 1 April 2022
2,505


Charge for the year on owned assets
599



At 31 March 2023

3,104



Net book value



At 31 March 2023
1,797



At 31 March 2022
1,672

Page 5

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

5.


Debtors

2023
2022
£
£

Trade debtors
1,854
6,483

Other debtors
12,738
19,734

Prepayments and accrued income
-
16,500

14,592
42,717



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
4,623
69,399

4,623
69,399



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
19,662

Other taxation and social security
6,976
1,125

Accruals and deferred income
3,605
3,605

10,581
24,392


 
Page 6