Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31trueActivities of other holding companies not elsewhere classified2023-04-0100falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12111318 2023-04-01 2024-03-31 12111318 2022-04-01 2023-03-31 12111318 2024-03-31 12111318 2023-03-31 12111318 c:Director1 2023-04-01 2024-03-31 12111318 d:CurrentFinancialInstruments 2024-03-31 12111318 d:CurrentFinancialInstruments 2023-03-31 12111318 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12111318 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12111318 d:ShareCapital 2024-03-31 12111318 d:ShareCapital 2023-03-31 12111318 d:RetainedEarningsAccumulatedLosses 2024-03-31 12111318 d:RetainedEarningsAccumulatedLosses 2023-03-31 12111318 c:FRS102 2023-04-01 2024-03-31 12111318 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12111318 c:FullAccounts 2023-04-01 2024-03-31 12111318 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12111318 2 2023-04-01 2024-03-31 12111318 6 2023-04-01 2024-03-31 12111318 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 12111318









LEETCHEE LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
LEETCHEE LTD
REGISTERED NUMBER: 12111318

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
60
60

  
60
60

Current assets
  

Debtors: amounts falling due within one year
 4 
8,945,555
8,876,755

Cash at bank and in hand
 5 
6,729
6,848

  
8,952,284
8,883,603

Creditors: amounts falling due within one year
 6 
(8,900,603)
(8,821,162)

Net current assets
  
 
 
51,681
 
 
62,441

Total assets less current liabilities
  
51,741
62,501

  

Net assets
  
51,741
62,501


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
51,441
62,201

  
51,741
62,501


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 August 2024.



Page 1

 
LEETCHEE LTD
REGISTERED NUMBER: 12111318
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


K M Baruffolo
Director

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

Page 2

 
LEETCHEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies

 
1.1

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
1.2

Going concern

The financial statements have been prepared on a going concern basis. The directors and shareholders have reasonable expectations that the company has adequate resources within the group to enable the company to continue in operational existence for the foreseeable future.

 
1.3

Interest income

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

 
1.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
1.5

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.

 
1.6

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.

 
1.7

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.

 
1.8

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.

Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.
Page 3

 
LEETCHEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.Accounting policies (continued)


1.8
Financial instruments (continued)


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

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


2.


Employees

The Company has no employees other than the Directors, who did not receive any remuneration (2023 - £NIL).

Page 4

 
LEETCHEE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
60



At 31 March 2024
60





4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
8,945,255
8,876,455

Other debtors
300
300

8,945,555
8,876,755



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,729
6,848

6,729
6,848



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
8,895,603
8,819,603

Accruals and deferred income
5,000
1,559

8,900,603
8,821,162


Page 5