Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false2023-04-0122No description of principal activitytruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09379787 2023-04-01 2024-03-31 09379787 2022-04-01 2023-03-31 09379787 2024-03-31 09379787 2023-03-31 09379787 c:Director1 2023-04-01 2024-03-31 09379787 d:CurrentFinancialInstruments 2024-03-31 09379787 d:CurrentFinancialInstruments 2023-03-31 09379787 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09379787 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09379787 d:ShareCapital 2024-03-31 09379787 d:ShareCapital 2023-03-31 09379787 d:SharePremium 2024-03-31 09379787 d:SharePremium 2023-03-31 09379787 d:RevaluationReserve 2024-03-31 09379787 d:RevaluationReserve 2023-03-31 09379787 d:RetainedEarningsAccumulatedLosses 2024-03-31 09379787 d:RetainedEarningsAccumulatedLosses 2023-03-31 09379787 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09379787 c:OrdinaryShareClass1 2024-03-31 09379787 c:OrdinaryShareClass1 2023-03-31 09379787 c:FRS102 2023-04-01 2024-03-31 09379787 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09379787 c:FullAccounts 2023-04-01 2024-03-31 09379787 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09379787 2 2023-04-01 2024-03-31 09379787 6 2023-04-01 2024-03-31 09379787 d:OtherDeferredTax 2024-03-31 09379787 d:OtherDeferredTax 2023-03-31 09379787 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09379787









LICTOR LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
LICTOR LIMITED
REGISTERED NUMBER: 09379787

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
223,310
220,919

Current assets
  

Debtors: amounts falling due within one year
 5 
2,343
2,797

Current asset investments
 6 
283,677
275,414

Cash at bank and in hand
  
124,649
26,030

  
410,669
304,241

Creditors: amounts falling due within one year
 7 
(3,280)
(5,916)

Net current assets
  
 
 
407,389
 
 
298,325

Total assets less current liabilities
  
630,699
519,244

  

Net assets
  
630,699
519,244


Capital and reserves
  

Called up share capital 
 9 
150
150

Share premium account
  
6,746
6,746

Revaluation reserve
  
(9,987)
(11,924)

Profit and loss account
  
633,790
524,272

  
630,699
519,244


Page 1

 
LICTOR LIMITED
REGISTERED NUMBER: 09379787
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 by: 




R A Obrart
Director

Date: 31 August 2024

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

Page 2

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

1.


General information

Lictor Limited ("the company") is a private company limited by shares, incorporated in England and Wales. Its registered number is 09379787. The registered office is Leytonstone House, Leytonstone, London, E11 1GA.

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

Going concern

The financial statements have been prepared on a going concern basis.

 
2.3

Revenue recognition

The whole of the company's income consists of investment income and interest receivable, as described in Notes 2.4, 2.8 and 2.9 below.

 
2.4

Investments

Investments in unlisted shares whose market value cannot be reliably determined are stated at historic cost less impairment and classified within fixed asset investments.
Investments in fixed term deposits, where the date of maturity is over three months from the date of acquisition, are stated at fair value and classified within current asset investments.
Short term investments in shares which are publicly traded, or whose fair value can otherwise be measured reliably, are stated at fair value and classified within fixed asset investments.

 
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. 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.

 
2.6

Financial instruments

Investments in non-derivative instruments that are equity to the issuer are measured:
• at fair value with changes recognised in the Statement of comprehensive income if the shares
   are publicly traded or their fair value can otherwise be measured reliably;
• at cost less impairment for all other investments.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

Page 3

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

2.Accounting policies (continued)

 
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.

 
2.9

Interest income

Interest income is recognised in the Statement of comprehensive income using the effective interest method.

 
2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees




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

Page 4

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

4.


Fixed asset investments





Investments in associates
Listed investments
Unlisted investments
Total

£
£
£
£



Cost or valuation


At 1 April 2023
6,818
213,656
445
220,919


Revaluations
-
2,391
-
2,391



At 31 March 2024
6,818
216,047
445
223,310





5.


Debtors


6.


Current asset investments

2024
2023
£
£

Fixed term deposits and similar investments (Note 2.4)
283,677
275,414



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,060
3,816

Accruals and deferred income
2,220
2,100

3,280
5,916



8.


Deferred taxation




2024


£






At beginning of year
2,797


Charged to profit or loss
(454)



At end of year
2,343

Page 5

 
LICTOR LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
 
8.Deferred taxation (continued)

The deferred tax asset is made up as follows:

2024
2023
£
£


Unrealised loss/(gain) on revaluation of listed investments
2,343
2,797


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



150 (2023 - 150) Ordinary shares of £1 each
150
150



10.


Related party transactions

Directors' interests in dividends declared during the year were £90,000 (2023 - £60,000).

 
Page 6