Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2falsetrueNo description of principal activity2023-04-012 13997499 2023-04-01 2024-03-31 13997499 2022-03-23 2023-03-31 13997499 2024-03-31 13997499 2023-03-31 13997499 c:Director1 2023-04-01 2024-03-31 13997499 c:Director2 2023-04-01 2024-03-31 13997499 d:CurrentFinancialInstruments 2024-03-31 13997499 d:CurrentFinancialInstruments 2023-03-31 13997499 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13997499 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13997499 d:ShareCapital 2024-03-31 13997499 d:ShareCapital 2023-03-31 13997499 d:RetainedEarningsAccumulatedLosses 2024-03-31 13997499 d:RetainedEarningsAccumulatedLosses 2023-03-31 13997499 c:FRS102 2023-04-01 2024-03-31 13997499 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13997499 c:FullAccounts 2023-04-01 2024-03-31 13997499 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 13997499









LANDSPECT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
LANDSPECT LIMITED
REGISTERED NUMBER: 13997499

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,752
4,752

Cash at bank and in hand
  
510
22,743

  
5,262
27,495

Creditors: amounts falling due within one year
  
(4,136)
(27,269)

Net current assets
  
 
 
1,126
 
 
226

Total assets less current liabilities
  
1,126
226

  

Net assets
  
1,126
226


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
1,124
224

  
1,126
226


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.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 July 2024.




Jamie Unsworth
Victoria Unsworth
Director
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 1

 
LANDSPECT LIMITED
REGISTERED NUMBER: 13997499
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024


Page 2

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

1.


General information

Landspect Limited is a private company limited by shares, registered in the United Kingdom number 13997499. Its registered office is Manor House, 35 St. Thomas’s Road, Chorley, Lancashire, PR7 1HP. 

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

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 3

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

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 4

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

2.Accounting policies (continued)

 
2.9

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.


3.


Employees

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


4.


Debtors

2024
2023
£
£


Other debtors
4,752
4,752

4,752
4,752



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
510
22,743

510
22,743



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,500
-

Corporation tax
512
52

Other taxation and social security
-
603

Other creditors
564
25,414

Accruals and deferred income
1,560
1,200

4,136
27,269



7.


Pension commitments

Page 5

 
LANDSPECT LIMITED
 
 
 Page 6