Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-30trueDevelopment of building projects2022-10-03false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14394743 2022-10-02 14394743 2022-10-03 2023-09-30 14394743 2021-10-03 2022-10-02 14394743 2023-09-30 14394743 c:Director1 2022-10-03 2023-09-30 14394743 d:CurrentFinancialInstruments 2023-09-30 14394743 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 14394743 d:ShareCapital 2023-09-30 14394743 d:RetainedEarningsAccumulatedLosses 2023-09-30 14394743 c:OrdinaryShareClass1 2022-10-03 2023-09-30 14394743 c:OrdinaryShareClass1 2023-09-30 14394743 c:OrdinaryShareClass2 2022-10-03 2023-09-30 14394743 c:OrdinaryShareClass2 2023-09-30 14394743 c:FRS102 2022-10-03 2023-09-30 14394743 c:AuditExempt-NoAccountantsReport 2022-10-03 2023-09-30 14394743 c:FullAccounts 2022-10-03 2023-09-30 14394743 c:PrivateLimitedCompanyLtd 2022-10-03 2023-09-30 14394743 e:PoundSterling 2022-10-03 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14394743









LANCASTER HOMES (WEST BYFLEET) LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2023

 
LANCASTER HOMES (WEST BYFLEET) LTD)
REGISTERED NUMBER: 14394743

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
Note
£

  

Current assets
  

Stocks
 4 
588,428

Debtors: amounts falling due within one year
 5 
5,231

Cash at bank and in hand
 6 
36,370

  
630,029

Creditors: amounts falling due within one year
 7 
(632,024)

Net current (liabilities)/assets
  
 
 
(1,995)

Total assets less current liabilities
  
(1,995)

  

Net (liabilities)/assets
  
(1,995)


Capital and reserves
  

Called up share capital 
 8 
2

Profit and loss account
  
(1,997)

  
(1,995)


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 period 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 comprehensive income 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 25 March 2024.



R A Newbold
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
LANCASTER HOMES (WEST BYFLEET) LTD)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

1.


General information

Lancaster Homes (West Byfleet) Ltd ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London,United Kingdom, E11 1GA.
The principal activity of the Company is development of building projects.

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

Going concern

As part of the going concern review, the directors have followed the guidelines published by the Financial Reporting Council entitled "Going Concern and Liquidity Risk Guidance for UK Companies 2016". The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, and that the going concern basis of accounting remains appropriate.

 
2.3

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. 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 the Statement of income and retained earnings.

 
2.4

Debtors

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

 
2.5

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.

 
2.6

Creditors

Short-term creditors are measured at the transaction price.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 2

 
LANCASTER HOMES (WEST BYFLEET) LTD)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

3.


Employees




The average monthly number of employees, including the director, during the period was 1.


4.


Stocks

2023
£

Work in progress
588,428



5.


Debtors

2023
£


Other debtors
5,231



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
36,370



7.


Creditors: Amounts falling due within one year

2023
£

Other creditors
630,824

Accruals and deferred income
1,200

632,024


Page 3

 
LANCASTER HOMES (WEST BYFLEET) LTD)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2023

8.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary A share of £1.00
1
1 Ordinary B share of £1.00
1

2


During the period, 1 £1 Ordinary A share and 1 £1 Ordinary B share were issued at par. All shares rank pari passu.


9.


Related party transactions

At the period end, the Company owed £1,180 to the director, shown within other creditors.

 
Page 4