Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01No description of principal activity00truetruetrue 06650091 2023-01-01 2023-12-31 06650091 2022-01-01 2022-12-31 06650091 2023-12-31 06650091 2022-12-31 06650091 c:Director3 2023-01-01 2023-12-31 06650091 d:ShareCapital 2023-12-31 06650091 d:ShareCapital 2022-12-31 06650091 d:RetainedEarningsAccumulatedLosses 2023-12-31 06650091 d:RetainedEarningsAccumulatedLosses 2022-12-31 06650091 c:EntityHasNeverTraded 2023-01-01 2023-12-31 06650091 c:FRS102 2023-01-01 2023-12-31 06650091 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06650091 c:FullAccounts 2023-01-01 2023-12-31 06650091 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06650091 d:Subsidiary1 2023-01-01 2023-12-31 06650091 d:Subsidiary1 1 2023-01-01 2023-12-31 06650091 d:Subsidiary2 2023-01-01 2023-12-31 06650091 d:Subsidiary2 1 2023-01-01 2023-12-31 06650091 d:Subsidiary3 2023-01-01 2023-12-31 06650091 d:Subsidiary3 1 2023-01-01 2023-12-31 06650091 6 2023-01-01 2023-12-31 06650091 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 06650091










LIFT-RITE HOLDINGS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LIFT-RITE HOLDINGS LIMITED
REGISTERED NUMBER: 06650091

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
676,599
676,599

  
676,599
676,599

  

Total assets less current liabilities
  
 
676,599
 
676,599

  

Net assets
  
676,599
676,599


Capital and reserves
  

Called up share capital 
  
112
112

Profit and loss account
  
676,487
676,487

  
676,599
676,599


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 on 18 September 2024.




................................................
J Russell
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
LIFT-RITE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Lift-Rite Holdings Limited (company number: 06650091) is a private company limited by shares and incorporated in England and Wales. Its registered office is Benbecula Office, Wincomblee Road, Newcastle upon Tyne, Tyne and Wear, NE6 3QS.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The company is supported by the shareholders. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.5

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.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).

Page 2

 
LIFT-RITE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
676,599



At 31 December 2023
676,599





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Principal activity

Class of shares

Holding

Lift-Rite Engineering Services Limited
Supply of lifting equipment and services
Ordinary
100%
Tyne Gangway (Structures) Limited
Manufacture of marine access systems
Ordinary
100%
Tyne Gangway Limited
Dormant
Ordinary
100%

The registered office of all subsidiaries is Benbecula Office, Wincomblee Road, Newcastle upon Tyne, NE6 3QS.

The aggregate of the share capital and reserves as at 31 December 2023 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)
£
£

Lift-Rite Engineering Services Limited
677,160
43,464

Tyne Gangway (Structures) Limited
850,599
116,368

Tyne Gangway Limited
100
-


5.


Controlling party

The immediate and ultimate parent company is Benbecula Group Ltd, a company incorporated in England and Wales, company number 10441848.
Benbecula Group Ltd is controlled by Mr JP Reece and Mrs SE Reece.

Page 3