Caseware UK (AP4) 2022.0.179 2022.0.179 2023-08-312023-08-31false2022-09-01No description of principal activity33falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04179528 2022-09-01 2023-08-31 04179528 2021-09-01 2022-08-31 04179528 2023-08-31 04179528 2022-08-31 04179528 c:Director2 2022-09-01 2023-08-31 04179528 d:FurnitureFittings 2022-09-01 2023-08-31 04179528 d:FurnitureFittings 2023-08-31 04179528 d:FurnitureFittings 2022-08-31 04179528 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 04179528 d:CurrentFinancialInstruments 2023-08-31 04179528 d:CurrentFinancialInstruments 2022-08-31 04179528 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04179528 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 04179528 d:ShareCapital 2023-08-31 04179528 d:ShareCapital 2022-08-31 04179528 d:RetainedEarningsAccumulatedLosses 2023-08-31 04179528 d:RetainedEarningsAccumulatedLosses 2022-08-31 04179528 c:FRS102 2022-09-01 2023-08-31 04179528 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 04179528 c:FullAccounts 2022-09-01 2023-08-31 04179528 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 04179528 6 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 04179528









LANGHAM TRADING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
LANGHAM TRADING LIMITED
REGISTERED NUMBER: 04179528

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
4
5

Investments
 6 
1,920,517
2,090,308

  
1,920,521
2,090,313

Current assets
  

Cash at bank and in hand
 7 
597,263
902,356

  
597,263
902,356

Creditors: amounts falling due within one year
 8 
(651,145)
(1,133,342)

Net current liabilities
  
 
 
(53,882)
 
 
(230,986)

Total assets less current liabilities
  
1,866,639
1,859,327

  

Net assets
  
1,866,639
1,859,327


Capital and reserves
  

Called up share capital 
  
1,001,000
1,001,000

Profit and loss account
  
865,639
858,327

  
1,866,639
1,859,327


Page 1

 
LANGHAM TRADING LIMITED
REGISTERED NUMBER: 04179528
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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 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: 




M Nathan
Director

Date: 14 March 2024

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

Page 2

 
LANGHAM TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

Langham Trading Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 16 Cliveden Place, Belgravia, London, SW1W
8LA.
The company's principal activity is that of trading in investments. 
The financial statements are presented in sterling which is the functional currency of the company and
rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.

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

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.

 
2.3

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%

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.

Page 3

 
LANGHAM TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.


3.


Operating income

2023
2022
£
£

(Loss)/Profit on disposal of listed investments - realised
(47,541)
105,681

Decrease/(Increase) in impairment on listed investments - unrealised
(58,776)
(11,703)

(Increase)/Decrease
(106,317)
93,978



4.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


5.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 September 2022
1,711



At 31 August 2023

1,711



Depreciation


At 1 September 2022
1,706


Charge for the year on owned assets
1



At 31 August 2023

1,707



Net book value



At 31 August 2023
4

Page 4

 
LANGHAM TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

6.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 September 2022
2,090,308


Additions
233,292


Disposals
(344,307)


Revaluations
(58,776)



At 31 August 2023
1,920,517





7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
597,263
902,356

597,263
902,356



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
18,033

Other creditors
648,945
1,113,309

Accruals and deferred income
2,200
2,000

651,145
1,133,342


 
Page 5