Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31002023-04-01falsethe provision of a website to allow landlords and managing agents of properties in England and Wales to provide details of tenants who are liable for water charges.00truetrue 07110332 2023-04-01 2024-03-31 07110332 2022-04-01 2023-03-31 07110332 2024-03-31 07110332 2023-03-31 07110332 c:Director2 2023-04-01 2024-03-31 07110332 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 07110332 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 07110332 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-31 07110332 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-04-01 2024-03-31 07110332 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-03-31 07110332 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-03-31 07110332 d:CurrentFinancialInstruments 2024-03-31 07110332 d:CurrentFinancialInstruments 2023-03-31 07110332 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 07110332 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 07110332 d:ShareCapital 2024-03-31 07110332 d:ShareCapital 2023-03-31 07110332 d:RetainedEarningsAccumulatedLosses 2024-03-31 07110332 d:RetainedEarningsAccumulatedLosses 2023-03-31 07110332 c:FRS102 2023-04-01 2024-03-31 07110332 c:Audited 2023-04-01 2024-03-31 07110332 c:FullAccounts 2023-04-01 2024-03-31 07110332 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07110332 c:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07110332 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 07110332 d:CopyrightsPatentsTrademarksServiceOperatingRights d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 07110332 d:ExternallyAcquiredIntangibleAssets 2023-04-01 2024-03-31 07110332 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-04-01 2024-03-31 07110332 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2023-04-01 2024-03-31 07110332 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 07110332













 
LANDLORD TAP LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MARCH 2024




































Page Kirk LLP
Chartered Accountants and Statutory Auditors
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB


 
LANDLORD TAP LIMITED
 


CONTENTS



Page
Balance sheet
1
Notes to the financial statements
2 - 5



 
LANDLORD TAP LIMITED
REGISTERED NUMBER:07110332


BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£000
£000

Fixed assets
  

Intangible assets
 4 
48
24

  
48
24

Current assets
  

Debtors: amounts falling due within one year
 5 
342
40

Cash at bank and in hand
  
244
292

  
586
332

Creditors: amounts falling due within one year
 6 
(364)
(56)

Net current assets
  
 
 
222
 
 
276

Total assets less current liabilities
  
270
300

  

Net assets
  
270
300


Capital and reserves
  

Called up share capital 
  
10
10

Profit and loss account
  
260
290

  
270
300


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 profit and loss account 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.




Mr S N Ledger
Director

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

Page 1


 
LANDLORD TAP LIMITED
 

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

1.


General information

The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
5th Floor
30-31 Furnival Street
London
EC4A 1JQ
These financial statements were authorised for issue by the Board on 9 August 2024.

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

Going concern

Landlord TAP Limited is a membership organisation that relies on its members to provide subscription income to fund its activities. At the financial statements finalisation date, there are no indications that the members do not intend to continue to support the company during the next twelve months or beyond.

  
2.3

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 
2.4

Taxation

Tax is recognised in profit or loss 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.

Page 2


 
LANDLORD TAP LIMITED
 

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

2.Accounting policies (continued)

 
2.5

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.
The website is stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of the website includes directly attributable incremental costs incurred in their acquisition and installation.

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Website
-
6 years straight line
Trademarks
-
10% straight line

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 3


 
LANDLORD TAP LIMITED
 

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

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.


3.


Employees

The Company has no employees other than the directors.

4.


Intangible assets




Website
Trademarks
Total

£000
£000
£000



Cost


At 1 April 2023
804
2
806


Additions
43
-
43



At 31 March 2024

847
2
849



Amortisation


At 1 April 2023
780
2
782


Charge for the year on owned assets
19
-
19



At 31 March 2024

799
2
801



Net book value



At 31 March 2024
48
-
48



At 31 March 2023
24
-
24



Page 4


 
LANDLORD TAP LIMITED
 

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

5.


Debtors

2024
2023
£000
£000


Trade debtors
329
-

Other debtors
13
40

342
40



6.


Creditors: Amounts falling due within one year

2024
2023
£000
£000

Trade creditors
25
18

Other taxation and social security
39
-

Other creditors
-
29

Accruals and deferred income
300
9

364
56



7.


Commitments

At 31 March 2024, the company had capital commitments contracted but not provided for in these financial statements of £nil (2023 - £29,000) and other financial commitments of £128,000 (2023 - £255,000).


8.


Auditors' information

The auditors' report on the financial statements for the year ended 31 March 2024 was unqualified.

The audit report was signed on 9 August 2024 by James Haywood ACA (Senior statutory auditor) on behalf of Page Kirk LLP.

 
Page 5