Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-312022-08-01falsespecialist cleaning and property maintenance11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04474332 2022-08-01 2023-07-31 04474332 2021-08-01 2022-07-31 04474332 2023-07-31 04474332 2022-07-31 04474332 c:Director1 2022-08-01 2023-07-31 04474332 d:PlantMachinery 2022-08-01 2023-07-31 04474332 d:PlantMachinery 2023-07-31 04474332 d:PlantMachinery 2022-07-31 04474332 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04474332 d:MotorVehicles 2022-08-01 2023-07-31 04474332 d:MotorVehicles 2023-07-31 04474332 d:MotorVehicles 2022-07-31 04474332 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04474332 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 04474332 d:CurrentFinancialInstruments 2023-07-31 04474332 d:CurrentFinancialInstruments 2022-07-31 04474332 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 04474332 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 04474332 d:ShareCapital 2023-07-31 04474332 d:ShareCapital 2022-07-31 04474332 d:RetainedEarningsAccumulatedLosses 2023-07-31 04474332 d:RetainedEarningsAccumulatedLosses 2022-07-31 04474332 c:FRS102 2022-08-01 2023-07-31 04474332 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 04474332 c:FullAccounts 2022-08-01 2023-07-31 04474332 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 04474332 e:PoundSterling 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 04474332









LEWIS PROPERTY SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

 
LEWIS PROPERTY SERVICES LIMITED
REGISTERED NUMBER: 04474332

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,297
4,354

  
4,297
4,354

Current assets
  

Stocks
 5 
4,385
4,250

Debtors: amounts falling due within one year
 6 
13,473
21,403

Cash at bank and in hand
 7 
50,944
42,377

  
68,802
68,030

Creditors: amounts falling due within one year
 8 
(46,692)
(72,284)

Net current assets/(liabilities)
  
 
 
22,110
 
 
(4,254)

Total assets less current liabilities
  
26,407
100

  

Net assets
  
26,407
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
26,307
-

  
26,407
100


Page 1

 
LEWIS PROPERTY SERVICES LIMITED
REGISTERED NUMBER: 04474332
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 on 12 April 2024.




................................................
Adrian Leonard Lewis
Director

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

Page 2

 
LEWIS PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

The principal activity of the Company throughout the year was that of specialised cleaning and property maintenance. The Company was incorporated in England and Wales and is a private company limited by share capital.

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

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
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.

Page 3

 
LEWIS PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.5

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.

 
2.6

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
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.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

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.

Page 4

 
LEWIS PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.9

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.

 
2.10

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.

 
2.11

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.12

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 1 (2022 - 1).

Page 5

 
LEWIS PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 August 2022
14,607
13,866
28,473


Additions
1,374
-
1,374



At 31 July 2023

15,981
13,866
29,847



Depreciation


At 1 August 2022
10,991
13,128
24,119


Charge for the year on owned assets
1,247
184
1,431



At 31 July 2023

12,238
13,312
25,550



Net book value



At 31 July 2023
3,743
554
4,297



At 31 July 2022
3,616
738
4,354


5.


Stocks

2023
2022
£
£

Finished goods and goods for resale
4,385
4,250

4,385
4,250



6.


Debtors

2023
2022
£
£


Other debtors
13,377
20,489

Prepayments and accrued income
96
914

13,473
21,403


Page 6

 
LEWIS PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
50,944
42,377

50,944
42,377



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
17,326
6,930

Other taxation and social security
11,768
10,401

Other creditors
15,776
53,685

Accruals and deferred income
1,822
1,268

46,692
72,284



9.


Controlling party

The Company is controlled by the director Adrian Leonard Lewis, by virtue of his shareholding, as described in the Director's report.

 
Page 7