Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true2023-01-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10026744 2023-01-01 2023-12-31 10026744 2022-01-01 2022-12-31 10026744 2023-12-31 10026744 2022-12-31 10026744 2022-01-01 10026744 c:Director1 2023-01-01 2023-12-31 10026744 d:CurrentFinancialInstruments 2023-12-31 10026744 d:CurrentFinancialInstruments 2022-12-31 10026744 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10026744 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 10026744 d:ShareCapital 2023-01-01 2023-12-31 10026744 d:ShareCapital 2023-12-31 10026744 d:ShareCapital 2022-12-31 10026744 d:ShareCapital 2022-01-01 10026744 d:CapitalRedemptionReserve 2023-12-31 10026744 d:CapitalRedemptionReserve 2022-12-31 10026744 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 10026744 d:RetainedEarningsAccumulatedLosses 2023-12-31 10026744 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 10026744 d:RetainedEarningsAccumulatedLosses 2022-12-31 10026744 d:RetainedEarningsAccumulatedLosses 2022-01-01 10026744 c:FRS102 2023-01-01 2023-12-31 10026744 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10026744 c:FullAccounts 2023-01-01 2023-12-31 10026744 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10026744 6 2023-01-01 2023-12-31 10026744 3 2023-12-31 10026744 3 2022-12-31 10026744 f:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 10026744










LEE IND LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LEE IND LIMITED
REGISTERED NUMBER: 10026744

BALANCE SHEET
AS AT 31 DECEMBER 2023

As restated
2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
575,000
576,105

Current assets
  

Debtors
  
12,241
-

Cash at bank and in hand
 5 
109,947
118,011

  
122,188
118,011

Creditors: amounts falling due within one year
 6 
(2,062)
(4,454)

Net current assets
  
 
 
120,126
 
 
113,557

Total assets less current liabilities
  
695,126
689,662

  

Net assets
  
695,126
689,662


Capital and reserves
  

Called up share capital 
  
1,005
1,105

Capital redemption reserve
  
100
-

Profit and loss account
  
694,021
688,557

  
695,126
689,662


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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 by: 




................................................
M B Lee
Director

Page 1

 
LEE IND LIMITED
REGISTERED NUMBER: 10026744

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

Date: 25 September 2024

The notes on pages 5 to 7 form part of these financial statements.

Page 2

 
LEE IND LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Capital redemption reserve
Profit and loss account
Total equity

£
£
£
£

At 1 January 2023
1,105
-
688,557
689,662



Profit for the year
-
-
5,464
5,464

Purchase of own shares
-
100
-
100

Shares cancelled during the year
(100)
-
-
(100)


At 31 December 2023
1,005
100
694,021
695,126


The notes on pages 5 to 7 form part of these financial statements.

Page 3

 
LEE IND LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 January 2022
1,105
712,644
713,749


Comprehensive income for the year

Loss for the year
-
(24,087)
(24,087)


At 31 December 2022
1,105
688,557
689,662


The notes on pages 5 to 7 form part of these financial statements.

Page 4

 
LEE IND LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Lee Ind Limited is a private company, limited by shares and incorporated in England.  The registered office is at Unit 70 Riverside, 3 Sir Thomas Longley Road, Medway City Estate, Rochester, Kent ME2 4DP.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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:

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.

 
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.

 
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.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 5

 
LEE IND LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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 the director, during the year was as follows:


        2023
        2022
            No.
            No.







Employees
1
1


4.


Fixed asset investments





Investments in subsidiary companies
Other fixed asset investments
Total

£
£
£



Cost or valuation


At 1 January 2023
1,105
575,000
576,105


Disposals
(1,105)
-
(1,105)



At 31 December 2023
-
575,000
575,000






Net book value



At 31 December 2023
-
575,000
575,000



At 31 December 2022
1,105
575,000
576,105

Page 6

 
LEE IND LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
109,947
118,011



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
1,282
2,072

Other creditors
-
312

Accruals and deferred income
780
2,070

2,062
4,454



7.


Controlling party

The company is a wholly-owned subsidiary of Rhythm Investments Limited which is incorporated in England (company number 14523078) effective 3 January 2023.


Page 7