Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01No description of principal activity00truetrue 00600568 2023-01-01 2023-12-31 00600568 2022-01-01 2022-12-31 00600568 2023-12-31 00600568 2022-12-31 00600568 c:Director2 2023-01-01 2023-12-31 00600568 d:CurrentFinancialInstruments 2023-12-31 00600568 d:CurrentFinancialInstruments 2022-12-31 00600568 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 00600568 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 00600568 d:ShareCapital 2023-12-31 00600568 d:ShareCapital 2022-12-31 00600568 d:RetainedEarningsAccumulatedLosses 2023-12-31 00600568 d:RetainedEarningsAccumulatedLosses 2022-12-31 00600568 c:EntityHasNeverTraded 2023-01-01 2023-12-31 00600568 c:FRS102 2023-01-01 2023-12-31 00600568 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 00600568 c:FullAccounts 2023-01-01 2023-12-31 00600568 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 00600568 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 00600568









LAURENCE POLLINGER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LAURENCE POLLINGER LIMITED
REGISTERED NUMBER: 00600568

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

  

Creditors: amounts falling due within one year
 4 
(96,739)
(96,739)

Net current liabilities
  
 
 
(96,739)
 
 
(96,739)

  

Net liabilities
  
(96,739)
(96,739)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(96,839)
(96,839)

  
(96,739)
(96,739)


For the year ended 31 December 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 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 by: 




Caroline Jayne Michel
Director

Date: 18 September 2024


The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
LAURENCE POLLINGER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Laurence Pollinger Limited (the "Company") is a private company limited by share capital, incorporated under the UK Companies Act 1985 and domiciled in England. The address of the Company's registered office is 55 New Oxford Street, London, England, WC1A 1BS.

2.Accounting policies

  
2.1

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all reporting periods presented, unless otherwise stated.

 
2.2

Basis of preparation of financial statements

The financial statements of the Company 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 UK Companies Act 2006.
The preparation of financial statements in conformity with Financial Reporting Standard 102 requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Company's accounting policies.
Details of those estimates and/or judgments made in applying the Company's accounting policies towards the preparation of these financial statements that may be considered as yielding a significant risk of a material adjustment being made to the carrying amounts of assets and/or liabilities reported in the balance sheet during the next financial reporting period are disclosed in note 3 to the financial statements.

  
2.3

Functional and presentational currency

Items included in the financial statements of the Company are measured using the currency of the primary economic environment in which the Company operates (the "functional currency").
The functional currency of the Company, and the currency in which the financial statements are presented (the "presentational currency"), is 'Pounds Sterling' (£) rounded to the nearest single unit of currency.

 
2.4

Going concern

In assessing whether the going concern basis remains appropriate for the preparation of the Company's financial statements, the directors have reviewed the Company’s principal and emerging risks, access to funding and liquidity position and the Company's performance up to the date these financial statements were approved and expected performance over the 18 months following the balance sheet date.
The directors at the time of approving the financial statements consider the following matters to be of significance with respect to their assessment of the Company's going concern status:
Financial position at the balance sheet date
At the balance sheet date, the Company held net liabilities of £96,739 and is financially dependent on its fellow group undertakings.
 
Page 2

 
LAURENCE POLLINGER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)


2.4
Going concern (continued)

The board of directors of the ultimate parent undertaking, PFD Agency Holdings Limited; members of which are also directors of the Company and its fellow group undertakings, have confirmed in said capacity to the Company that the current and ongoing intention is for the Company to continue to be provided with appropriate financial support where considered necessary such that the Company is able to meet any third party debts as they should fall due and for no demand of repayment of any amounts owed by the Company to its fellow group undertakings to be made until such time as the Company is able to repay them.
Financial performance to date
The Company continues to remain dormant and is expected to remain as such going forward.
Based on their assessment, the directors are of the conclusion that the Company will have, available at its disposal, adequate resources to continue in operational existence for the foreseeable future.
While there will always remain an inherent uncertainty, the directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern and therefore consider it both appropriate to continue to adopt the going concern basis in preparing the Company's financial statements and to not recognise any adjustments in the financial statements that would arise if the going concern basis were to become no longer appropriate.

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities; with said financial assets and liabilities classified in accordance with the substance of the underlying contractual obligations rather than its legal form.
Financial assets and liabilities are recognised in the balance sheet upon becoming party to the contractual provisions of the instrument. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or the financial asset is transferred along with substantially all the risks and rewards of ownership of the asset to another party. Financial liabilities are derecognised only when the Company’s obligations are discharged, cancelled or expired.
The measurement of specific financial assets, financial liabilities and equity held by the Company is as outlined below:
Creditors
Creditors are initially measured, and subsequently held, at transaction price (i.e fair value).
Equity
Ordinary share capital, shown in equity, is initially measured and subsequently held at its nominal value. Where the transaction price for issued shares exceeds their nominal value, the difference is shown under equity in a share premium account with any directly attributable transaction costs associated with the issuing of said shares deducted from said share premium account.

Page 3

 
LAURENCE POLLINGER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the Company's accounting policies, the directors are required to apply judgment and make estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other available sources based on historical experience and other factors that are considered to be relevant. Consequently, actual results may differ from that originally estimated.
In the opinion of the directors, there were no judgments, estimates and/or assumptions made in applying the principal accounting policies, outlined in note 2 of these financial statements, towards the preparation of these financial statements that may be considered as having a significant risk of causing a material adjustment to the carrying amount of assets and/or liabilities carried forward as at the balance sheet date where by which the actual future outcome observed may differ from that originally determined and reported.


4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
96,739
96,739



5.


Financial instruments

The Company held no financial instruments during either the current or preceding financial reporting periods that would require specific disclosure under sections 1.12, 11 or 12 of Financial Reporting Standard 102 or paragraph 36 of Schedule 1 to the Companies Act 2006.


6.


Related party transactions

There were no related party transactions and/or period end balances to report in accordance with the UK Companies Act 2006 and Section 1A of Financial Reporting Standard 102 as part of these financial statements.


7.


Controlling party

The Company's immediate parent company is Peters Fraser & Dunlop Limited, a company incorporated under the UK Companies Act 1985 which holds a 75% interest in the total voting rights of the Company.
The parent undertaking of the smallest group to consolidate these financial statements is PFD Agency Holdings Limited, the ultimate parent undertaking of the Company. Copies of the aforementioned consolidated financial statements for PFD Agency Holdings Limited, are available from its registered office located at 55 New Oxford Street, London, WC1A 1BS.
Page 4