Caseware UK (AP4) 2023.0.135 2023.0.135 2023-08-312023-08-31building construction2022-09-01false22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12806929 2022-09-01 2023-08-31 12806929 2021-09-01 2022-08-31 12806929 2023-08-31 12806929 2022-08-31 12806929 c:Director1 2022-09-01 2023-08-31 12806929 d:PlantMachinery 2022-09-01 2023-08-31 12806929 d:PlantMachinery 2023-08-31 12806929 d:PlantMachinery 2022-08-31 12806929 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 12806929 d:MotorVehicles 2022-09-01 2023-08-31 12806929 d:MotorVehicles 2023-08-31 12806929 d:MotorVehicles 2022-08-31 12806929 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 12806929 d:OwnedOrFreeholdAssets 2022-09-01 2023-08-31 12806929 d:CurrentFinancialInstruments 2023-08-31 12806929 d:CurrentFinancialInstruments 2022-08-31 12806929 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 12806929 d:CurrentFinancialInstruments d:WithinOneYear 2022-08-31 12806929 d:ShareCapital 2023-08-31 12806929 d:ShareCapital 2022-08-31 12806929 d:RetainedEarningsAccumulatedLosses 2023-08-31 12806929 d:RetainedEarningsAccumulatedLosses 2022-08-31 12806929 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-08-31 12806929 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-08-31 12806929 c:FRS102 2022-09-01 2023-08-31 12806929 c:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 12806929 c:FullAccounts 2022-09-01 2023-08-31 12806929 c:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 12806929 e:PoundSterling 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure

Registered number: 12806929









LEKH CONSTRUCTION & BUILDING MANAGEMENT SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2023

 
LEKH CONSTRUCTION & BUILDING MANAGEMENT SERVICES LIMITED
REGISTERED NUMBER: 12806929

BALANCE SHEET
AS AT 31 AUGUST 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,481
9,975

  
7,481
9,975

Current assets
  

Stock and work-in-progress
  
5,500
-

Cash at bank and in hand
 5 
1,168
3,383

  
6,668
3,383

Creditors: amounts falling due within one year
 6 
(13,510)
(6,806)

Net current liabilities
  
 
 
(6,842)
 
 
(3,423)

Total assets less current liabilities
  
639
6,552

  

Net assets
  
639
6,552


Capital and reserves
  

Called up share capital 
  
20
20

Profit and loss account
  
619
6,532

  
639
6,552


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 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 16 August 2024.



Page 1

 
LEKH CONSTRUCTION & BUILDING MANAGEMENT SERVICES LIMITED
REGISTERED NUMBER: 12806929
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2023


Mohinder Lekh
Director

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

Page 2

 
LEKH CONSTRUCTION & BUILDING MANAGEMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1.


General information

The entity is a private company limited by shares. The Registered Office is located at 76 Allbrook Hill, Eastleigh, Hampshire, SO50 4LY.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

 
LEKH CONSTRUCTION & BUILDING MANAGEMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.3

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.

 
2.4

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 basis
Motor vehicles
-
25%
reducing balance basis

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.

 
2.5

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.

 
2.6

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.

Page 4

 
LEKH CONSTRUCTION & BUILDING MANAGEMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

 
2.9

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 2 (2022 - 2).


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 September 2022
3,300
10,000
13,300



At 31 August 2023

3,300
10,000
13,300



Depreciation


At 1 September 2022
825
2,500
3,325


Charge for the year on owned assets
619
1,875
2,494



At 31 August 2023

1,444
4,375
5,819



Net book value



At 31 August 2023
1,856
5,625
7,481



At 31 August 2022
2,475
7,500
9,975

Page 5

 
LEKH CONSTRUCTION & BUILDING MANAGEMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,168
3,383

1,168
3,383



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
5,000

Corporation tax
5,226
1,806

Other taxation and social security
5,753
-

Other creditors
1,781
-

Accruals and deferred income
750
-

13,510
6,806



7.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
1,168
3,383




Financial assets measured at fair value through profit or loss comprise cash at bank.


8.


Controlling party

The company was under the control of the director, Mohinder Lekh, by virtue of his ownership of 100% of the Ordinary £1 shares (2022 100%)

 
Page 6