Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-01No description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13800827 2023-04-01 2024-03-31 13800827 2022-08-01 2023-03-31 13800827 2024-03-31 13800827 2023-03-31 13800827 2022-08-01 13800827 1 2022-08-01 2023-03-31 13800827 d:Director2 2023-04-01 2024-03-31 13800827 e:FurnitureFittings 2023-04-01 2024-03-31 13800827 e:FurnitureFittings 2024-03-31 13800827 e:FurnitureFittings 2023-03-31 13800827 e:FurnitureFittings e:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13800827 e:ComputerEquipment 2023-04-01 2024-03-31 13800827 e:ComputerEquipment 2024-03-31 13800827 e:ComputerEquipment 2023-03-31 13800827 e:ComputerEquipment e:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13800827 e:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13800827 e:CurrentFinancialInstruments 2024-03-31 13800827 e:CurrentFinancialInstruments 2023-03-31 13800827 e:CurrentFinancialInstruments e:WithinOneYear 2024-03-31 13800827 e:CurrentFinancialInstruments e:WithinOneYear 2023-03-31 13800827 e:ShareCapital 2023-04-01 2024-03-31 13800827 e:ShareCapital 2024-03-31 13800827 e:ShareCapital 2022-08-01 2023-03-31 13800827 e:ShareCapital 2023-03-31 13800827 e:ShareCapital 2022-08-01 13800827 e:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 13800827 e:RetainedEarningsAccumulatedLosses 2024-03-31 13800827 e:RetainedEarningsAccumulatedLosses 2022-08-01 2023-03-31 13800827 e:RetainedEarningsAccumulatedLosses 2023-03-31 13800827 e:RetainedEarningsAccumulatedLosses 2022-08-01 13800827 e:RetainedEarningsAccumulatedLosses 1 2022-08-01 2023-03-31 13800827 d:FRS102 2023-04-01 2024-03-31 13800827 d:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13800827 d:FullAccounts 2023-04-01 2024-03-31 13800827 d:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13800827 f:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13800827









LINTON HOMES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
LINTON HOMES LIMITED
REGISTERED NUMBER: 13800827

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
  
540
220

  
540
220

Current assets
  

Stocks
  
103,112
103,112

Debtors: amounts falling due within one year
 5 
2,943
42,945

Cash at bank and in hand
  
70,499
61,425

  
176,554
207,482

Creditors: amounts falling due within one year
  
(8,840)
(9,108)

Net current assets
  
 
 
167,714
 
 
198,374

Total assets less current liabilities
  
168,254
198,594

  

Net assets
  
168,254
198,594


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
168,154
198,494

  
168,254
198,594


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.

Page 1

 
LINTON HOMES LIMITED
REGISTERED NUMBER: 13800827
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
W A O'Regan
Director

Date: 19 August 2024

The notes on pages 5 to 8 form part of these financial statements.
Page 2

 
LINTON HOMES LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2024


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 April 2023
100
198,494
198,594


Comprehensive income for the year

Profit for the year

-
9,660
9,660


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
9,660
9,660


Contributions by and distributions to owners

Dividends: Equity capital
-
(40,000)
(40,000)


Total transactions with owners
-
(40,000)
(40,000)


At 31 March 2024
100
168,154
168,254


The notes on pages 5 to 8 form part of these financial statements.
Page 3

 
LINTON HOMES LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 14 August 2022
100
-
100


Comprehensive income for the period

Loss for the period

-
(23,297)
(23,297)

Dividend in specie
-
266,791
266,791


Other comprehensive income for the period
-
266,791
266,791


Total comprehensive income for the period
-
243,494
243,494


Contributions by and distributions to owners

Dividends: Equity capital
-
(45,000)
(45,000)

Shares issued during the period
100
-
100

Shares cancelled during the period
(100)
-
(100)


Total transactions with owners
-
(45,000)
(45,000)


At 31 March 2023
100
198,494
198,594


The notes on pages 5 to 8 form part of these financial statements.
Page 4

 
LINTON HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Linton Homes Limited is a company incorporated in the United Kingdom. The address of the registered office is  26 Reculver drive Betlinge, Herne Bay, Kent, CT6 6QE.
The company's principal activity is that of a property rental company. 
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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

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.

Page 5

 
LINTON HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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%
straight line
Computer equipment
-
25%
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.

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
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

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 6

 
LINTON HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees




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


4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
293
-
293


Additions
-
439
439



At 31 March 2024

293
439
732



Depreciation


At 1 April 2023
73
-
73


Charge for the year on owned assets
73
46
119



At 31 March 2024

146
46
192



Net book value



At 31 March 2024
147
393
540



At 31 March 2023
220
-
220

Page 7

 
LINTON HOMES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Other debtors
-
40,000

Prepayments and accrued income
2,943
2,945

2,943
42,945



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
70,499
61,425

70,499
61,425



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
6,340
6,108

Accruals and deferred income
2,500
3,000

8,840
9,108


 
Page 8