Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-011Holding company and property investment1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 03239212 2023-01-01 2023-12-31 03239212 2021-07-01 2022-12-31 03239212 2023-12-31 03239212 2022-12-31 03239212 c:Director1 2023-01-01 2023-12-31 03239212 d:CurrentFinancialInstruments 2023-12-31 03239212 d:CurrentFinancialInstruments 2022-12-31 03239212 d:Non-currentFinancialInstruments 2023-12-31 03239212 d:Non-currentFinancialInstruments 2022-12-31 03239212 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03239212 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03239212 d:ShareCapital 2023-12-31 03239212 d:ShareCapital 2022-12-31 03239212 d:CapitalRedemptionReserve 2023-12-31 03239212 d:CapitalRedemptionReserve 2022-12-31 03239212 d:RetainedEarningsAccumulatedLosses 2023-12-31 03239212 d:RetainedEarningsAccumulatedLosses 2022-12-31 03239212 c:OrdinaryShareClass1 2023-01-01 2023-12-31 03239212 c:OrdinaryShareClass1 2023-12-31 03239212 c:OrdinaryShareClass1 2022-12-31 03239212 c:FRS102 2023-01-01 2023-12-31 03239212 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03239212 c:FullAccounts 2023-01-01 2023-12-31 03239212 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03239212 6 2023-01-01 2023-12-31 03239212 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 03239212









LOCKSON SERVICES (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
LOCKSON SERVICES (HOLDINGS) LIMITED
REGISTERED NUMBER: 03239212

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due after more than one year
 5 
735,775
735,775

Debtors: amounts falling due within one year
 5 
4,118
-

Cash at bank and in hand
 6 
1,152,299
1,227,093

  
1,892,192
1,962,868

Creditors: amounts falling due within one year
 7 
(2,220)
(68,102)

Net current assets
  
 
 
1,889,972
 
 
1,894,766

Total assets less current liabilities
  
1,890,072
1,894,866

  

Net assets
  
1,890,072
1,894,866


Capital and reserves
  

Called up share capital 
 8 
200
200

Capital redemption reserve
  
50
50

Profit and loss account
  
1,889,822
1,894,616

  
1,890,072
1,894,866


Page 1

 
LOCKSON SERVICES (HOLDINGS) LIMITED
REGISTERED NUMBER: 03239212
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

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 by: 




A B E Lockhart Esq
Director

Date: 26 September 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
LOCKSON SERVICES (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Lockson Services (Holdings) Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake House, Claire Causeway, Crossways Business Park, Dartford, Kent DA2 6QA. The principal activities of the company are those of a holding company and of property investment.

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 following principal accounting policies have been applied:

 
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

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

 
LOCKSON SERVICES (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

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:

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.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Comprehensive Income.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
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.

 
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.

Page 4

 
LOCKSON SERVICES (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Investments in Subsidiary Companies

£



Cost or valuation


At 1 January 2023
100



At 31 December 2023

100






Net book value



At 31 December 2023
100



At 31 December 2022
100

Page 5

 
LOCKSON SERVICES (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

5.


Debtors

2023
2022
£
£

Due after more than one year

Amounts owed by group undertakings
735,775
735,775

735,775
735,775


2023
2022
£
£

Due within one year

Other debtors
4,118
-

4,118
-



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,152,299
1,227,093

1,152,299
1,227,093



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
-
65,882

Accruals and deferred income
2,220
2,220

2,220
68,102


Page 6

 
LOCKSON SERVICES (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



200 (2022 - 200) Ordinary shares of £1.00 each
200
200


 
Page 7