Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-312023-02-01falseThe principal activity of the company was that of public speaking, lecturing and publishing services.11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08850520 2023-02-01 2024-01-31 08850520 2022-02-01 2023-01-31 08850520 2024-01-31 08850520 2023-01-31 08850520 c:Director1 2023-02-01 2024-01-31 08850520 d:OfficeEquipment 2023-02-01 2024-01-31 08850520 d:OfficeEquipment 2024-01-31 08850520 d:OfficeEquipment 2023-01-31 08850520 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 08850520 d:ComputerEquipment 2023-02-01 2024-01-31 08850520 d:ComputerEquipment 2024-01-31 08850520 d:ComputerEquipment 2023-01-31 08850520 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 08850520 d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 08850520 d:Goodwill 2024-01-31 08850520 d:Goodwill 2023-01-31 08850520 d:CurrentFinancialInstruments 2024-01-31 08850520 d:CurrentFinancialInstruments 2023-01-31 08850520 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 08850520 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08850520 d:ShareCapital 2024-01-31 08850520 d:ShareCapital 2023-01-31 08850520 d:RetainedEarningsAccumulatedLosses 2024-01-31 08850520 d:RetainedEarningsAccumulatedLosses 2023-01-31 08850520 c:OrdinaryShareClass1 2023-02-01 2024-01-31 08850520 c:OrdinaryShareClass1 2024-01-31 08850520 c:FRS102 2023-02-01 2024-01-31 08850520 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08850520 c:FullAccounts 2023-02-01 2024-01-31 08850520 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08850520 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 08850520 d:AcceleratedTaxDepreciationDeferredTax 2023-01-31 08850520 2 2023-02-01 2024-01-31 08850520 6 2023-02-01 2024-01-31 08850520 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08850520














L.E.F. ASSOCIATES LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 JANUARY 2024

 
L.E.F. ASSOCIATES LTD
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 8


 
L.E.F. ASSOCIATES LTD
REGISTERED NUMBER:08850520

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
1,724
1,199

Investments
 6 
155,900
115,900

  
157,624
117,099

Current assets
  

Debtors: amounts falling due within one year
 7 
2,741
12,995

Cash at bank and in hand
  
59,465
60,188

  
62,206
73,183

  

Creditors: amounts falling due within one year
 8 
(24,918)
(25,755)

Net current assets
  
 
 
37,288
 
 
47,428

Total assets less current liabilities
  
194,912
164,527

Provisions for liabilities
  

Deferred tax
 9 
(328)
(228)

Net assets
  
194,584
164,299


Capital and reserves
  

Called up share capital 
 10 
100
100

Profit and loss account
  
194,484
164,199

  
194,584
164,299


Page 1

 
L.E.F. ASSOCIATES LTD
REGISTERED NUMBER:08850520
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2024

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 her 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: 




L Empson
Director

Date: 2 September 2024

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

Page 2

 
L.E.F. ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

L.E.F. Associates Ltd is a limited liability company incorporated in England and Wales with its registered office at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company was that of public speaking, lecturing and publishing services.

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

Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied
during the period, exclusive of Value Added Tax and trade discounts

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
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 provided on the following basis:

Office equipment
-
25% reducing balance
Computer equipment
-
25% straight line 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 the Statement of Comprehensive Income.

 
2.5

Valuation of investments

Investments are measured at cost less accumulated impairment.

Page 3

 
L.E.F. ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

Debtors

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

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
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. 

 
2.10

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.11

Interest income

Interest income is recognised in profit or loss using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
L.E.F. ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 February 2023
30,000



At 31 January 2024

30,000



Amortisation


At 1 February 2023
30,000



At 31 January 2024

30,000



Net book value



At 31 January 2024
-



At 31 January 2023
-



Page 5

 
L.E.F. ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 February 2023
4,498
14,965
19,463


Additions
1,099
-
1,099



At 31 January 2024

5,597
14,965
20,562



Depreciation


At 1 February 2023
3,299
14,965
18,264


Charge for the year on owned assets
574
-
574



At 31 January 2024

3,873
14,965
18,838



Net book value



At 31 January 2024
1,724
-
1,724



At 31 January 2023
1,199
-
1,199


6.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 February 2023
115,900


Additions
40,000



At 31 January 2024
155,900




Page 6

 
L.E.F. ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

7.


Debtors

2024
2023
£
£


Trade debtors
-
6,000

Other debtors
2,741
2,437

Prepayments and accrued income
-
4,558

2,741
12,995



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
180
-

Taxation
7,502
8,615

Other creditors
4,586
9,140

Accruals and deferred income
12,650
8,000

24,918
25,755



9.


Deferred taxation




2024


£






At beginning of year
(228)


Charged to profit or loss
(100)



At end of year
(328)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
328
228

Page 7

 
L.E.F. ASSOCIATES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 ordinary shares of £1 each
100
100


 
Page 8