Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-04-01false11falsetrue 10246804 2022-04-01 2023-03-31 10246804 2021-04-01 2022-03-31 10246804 2023-03-31 10246804 2022-03-31 10246804 c:Director1 2022-04-01 2023-03-31 10246804 d:FurnitureFittings 2022-04-01 2023-03-31 10246804 d:FurnitureFittings 2023-03-31 10246804 d:FurnitureFittings 2022-03-31 10246804 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10246804 d:ComputerEquipment 2022-04-01 2023-03-31 10246804 d:ComputerEquipment 2023-03-31 10246804 d:ComputerEquipment 2022-03-31 10246804 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10246804 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 10246804 d:CurrentFinancialInstruments 2023-03-31 10246804 d:CurrentFinancialInstruments 2022-03-31 10246804 d:Non-currentFinancialInstruments 2023-03-31 10246804 d:Non-currentFinancialInstruments 2022-03-31 10246804 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10246804 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 10246804 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10246804 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 10246804 d:ShareCapital 2023-03-31 10246804 d:ShareCapital 2022-03-31 10246804 d:RetainedEarningsAccumulatedLosses 2023-03-31 10246804 d:RetainedEarningsAccumulatedLosses 2022-03-31 10246804 c:FRS102 2022-04-01 2023-03-31 10246804 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 10246804 c:FullAccounts 2022-04-01 2023-03-31 10246804 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10246804 2 2022-04-01 2023-03-31 10246804 e:PoundSterling 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 10246804










LDB ENTERPRISES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
LDB ENTERPRISES LIMITED
REGISTERED NUMBER: 10246804

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
145
193

  
145
193

Current assets
  

Debtors: amounts falling due within one year
 5 
89,394
101,227

Cash at bank and in hand
 6 
223
12,866

  
89,617
114,093

Creditors: amounts falling due within one year
 7 
(19,659)
(37,602)

Net current assets
  
 
 
69,958
 
 
76,491

Total assets less current liabilities
  
70,103
76,684

Creditors: amounts falling due after more than one year
 8 
(49,061)
(49,061)

  

Net assets
  
21,042
27,623


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
21,041
27,622

  
21,042
27,623


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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.

Page 1

 
LDB ENTERPRISES LIMITED
REGISTERED NUMBER: 10246804
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 March 2024.


L Del Bono
Director

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

Page 2

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

1.


General information

LDB Enterprises Limited is a private company limited by shares incorporated in England and Wales. The registered office is 14th Floor, 33 Cavenish Square, London, W1G 0PW. 

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
LDB ENTERPRISES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Reducing Balance
Computer equipment
-
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.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

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.

 
2.9

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 4

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

2.Accounting policies (continued)

 
2.10

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.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

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.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument 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.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.11

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.

Page 5

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

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Director
1
1


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
816
858
1,674



At 31 March 2023

816
858
1,674



Depreciation


At 1 April 2022
623
858
1,481


Charge for the year on owned assets
48
-
48



At 31 March 2023

671
858
1,529



Net book value



At 31 March 2023
145
-
145



At 31 March 2022
193
-
193


5.


Debtors

2023
2022
£
£


Trade debtors
42,622
48,389

Other debtors
46,772
17,793

Prepayments and accrued income
-
35,045

89,394
101,227


Page 6

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

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
223
12,866

223
12,866



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
16,080
12,452

Corporation tax
2,793
2,332

Other creditors
-
22,032

Accruals and deferred income
786
786

19,659
37,602



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
49,061
49,061

49,061
49,061




 
Page 7