Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30Holding company22false2023-05-01falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06704446 2023-05-01 2024-04-30 06704446 2022-05-01 2023-04-30 06704446 2024-04-30 06704446 2023-04-30 06704446 c:Director2 2023-05-01 2024-04-30 06704446 d:CurrentFinancialInstruments 2024-04-30 06704446 d:CurrentFinancialInstruments 2023-04-30 06704446 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 06704446 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 06704446 d:ShareCapital 2024-04-30 06704446 d:ShareCapital 2023-04-30 06704446 d:RetainedEarningsAccumulatedLosses 2024-04-30 06704446 d:RetainedEarningsAccumulatedLosses 2023-04-30 06704446 c:OrdinaryShareClass1 2023-05-01 2024-04-30 06704446 c:OrdinaryShareClass1 2024-04-30 06704446 c:OrdinaryShareClass1 2023-04-30 06704446 c:FRS102 2023-05-01 2024-04-30 06704446 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 06704446 c:FullAccounts 2023-05-01 2024-04-30 06704446 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 06704446 6 2023-05-01 2024-04-30 06704446 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06704446










LRCM LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
LRCM LIMITED
REGISTERED NUMBER: 06704446

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
10,000
10,000

  
10,000
10,000

Current assets
  

Debtors: amounts falling due within one year
 6 
7,103
7,793

  
7,103
7,793

Creditors: amounts falling due within one year
 7 
-
(690)

Net current assets
  
 
 
7,103
 
 
7,103

Total assets less current liabilities
  
17,103
17,103

  

Net assets
  
17,103
17,103


Capital and reserves
  

Called up share capital 
 8 
10,100
10,100

Profit and loss account
  
7,003
7,003

  
17,103
17,103


Page 1

 
LRCM LIMITED
REGISTERED NUMBER: 06704446
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

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 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 14 August 2024.




R S Jones
Director

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

Page 2

 
LRCM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

LRCM Limited, 06704446, is a private company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at Three Brooks, Harthall, Tenbury Wells, Worcestershire, WR15 8HN.
The principal activity of LRCM Limited is a holding company. 

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

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.

 
2.4

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.

 
2.5

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.

 
2.6

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.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

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

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to
Page 3

 
LRCM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.6
Financial instruments (continued)

settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.7

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.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations or future events that are believed to be reasonable under the circumstances. 
The Company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates nor assumptions that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year. 


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
LRCM LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2023
10,000



At 30 April 2024
10,000





6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
7,103
7,793

7,103
7,793



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Accruals and deferred income
-
690

-
690



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10,100 (2023 - 10,100) Ordinary shares of £1.00 each
10,100
10,100


 
Page 5