Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-3033true2023-05-01falsetrueNo description of principal activity34The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02147763 2023-05-01 2024-04-30 02147763 2022-05-01 2023-04-30 02147763 2024-04-30 02147763 2023-04-30 02147763 c:Director1 2023-05-01 2024-04-30 02147763 d:Buildings d:LongLeaseholdAssets 2023-05-01 2024-04-30 02147763 d:Buildings d:LongLeaseholdAssets 2024-04-30 02147763 d:Buildings d:LongLeaseholdAssets 2023-04-30 02147763 d:OfficeEquipment 2023-05-01 2024-04-30 02147763 d:ComputerEquipment 2023-05-01 2024-04-30 02147763 d:ComputerEquipment 2024-04-30 02147763 d:ComputerEquipment 2023-04-30 02147763 d:CurrentFinancialInstruments 2024-04-30 02147763 d:CurrentFinancialInstruments 2023-04-30 02147763 d:Non-currentFinancialInstruments 2024-04-30 02147763 d:Non-currentFinancialInstruments 2023-04-30 02147763 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 02147763 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 02147763 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 02147763 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 02147763 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 02147763 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 02147763 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 02147763 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 02147763 d:ShareCapital 2024-04-30 02147763 d:ShareCapital 2023-04-30 02147763 d:RetainedEarningsAccumulatedLosses 2024-04-30 02147763 d:RetainedEarningsAccumulatedLosses 2023-04-30 02147763 c:FRS102 2023-05-01 2024-04-30 02147763 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 02147763 c:FullAccounts 2023-05-01 2024-04-30 02147763 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 02147763 6 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 02147763









LYONS PRESENTATIONS GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
LYONS PRESENTATIONS GROUP LIMITED
REGISTERED NUMBER: 02147763

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 5 
1,108,374
1,108,374

  
1,108,374
1,108,374

Current assets
  

Debtors: amounts falling due within one year
 6 
3,885,766
3,652,495

Cash at bank and in hand
 7 
78,080
200,430

  
3,963,846
3,852,925

Creditors: amounts falling due within one year
 8 
(1,837,273)
(1,757,573)

Net current assets
  
 
 
2,126,573
 
 
2,095,352

Total assets less current liabilities
  
3,234,947
3,203,726

Creditors: amounts falling due after more than one year
 9 
(14,167)
(24,167)

  

Net assets
  
3,220,780
3,179,559


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
3,219,780
3,178,559

  
3,220,780
3,179,559


Page 1

 
LYONS PRESENTATIONS GROUP LIMITED
REGISTERED NUMBER: 02147763
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 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 his 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 on 10 September 2024.




D Lyons
Director

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

Page 2

 
LYONS PRESENTATIONS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Lyons Presentations Group Limited is a members limited liability company incorporated in England and Wales (registered number 02147763). Its registered office and the principal place of business is 7a Regis Road, London, England, NW5 3EW.

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

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.
Accordingly the director has continued to prepare the financial statements on the going concern basis.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
LYONS PRESENTATIONS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.4

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.

 
2.5

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.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 reporting date in the countries where the Company operates and generates income.

 
2.7

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.

Page 4

 
LYONS PRESENTATIONS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Straight line over 20 years
Office equipment
-
25% Straight line method
Computer equipment
-
25% Straight line method

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 profit or loss.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.9

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.

 
2.10

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 33 (2023 - 34).

Page 5

 
LYONS PRESENTATIONS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Long-term leasehold property
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
438,621
41,042
479,663



At 30 April 2024

438,621
41,042
479,663



Depreciation


At 1 May 2023
438,621
41,042
479,663



At 30 April 2024

438,621
41,042
479,663



Net book value



At 30 April 2024
-
-
-



At 30 April 2023
-
-
-


5.


Fixed asset investments





Unlisted investments
Loans to subsidiaries
Total

£
£
£



Cost or valuation


At 1 May 2023
914,865
193,509
1,108,374



At 30 April 2024
914,865
193,509
1,108,374




Page 6

 
LYONS PRESENTATIONS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

6.


Debtors

2024
2023
£
£


Trade debtors
804,166
837,448

Other debtors
2,963,467
2,750,444

Prepayments and accrued income
111,435
57,905

Deferred taxation
6,698
6,698

3,885,766
3,652,495



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
78,080
200,430

Less: bank overdrafts
(27,833)
-

50,247
200,430



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
27,833
-

Bank loans
10,000
10,000

Trade creditors
614,688
336,311

Corporation tax
8,939
149,240

Other taxation and social security
66,556
107,196

Other creditors
1,087,389
1,115,123

Accruals and deferred income
21,868
39,703

1,837,273
1,757,573


Page 7

 
LYONS PRESENTATIONS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
14,167
24,167

14,167
24,167



10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 2-5 years

Bank loans
4,167
14,167


4,167
14,167


24,167
34,167



11.


Security and guarantees

Barclays Bank Plc hold a fixed and floating charge securing all liabilities due to the bank.

Page 8