Caseware UK (AP4) 2023.0.135 2023.0.135 falseThe principal activity of the company is that of property investment.2023-02-0122truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00200545 2023-02-01 2024-01-31 00200545 2022-02-01 2023-01-31 00200545 2024-01-31 00200545 2023-01-31 00200545 c:Director1 2023-02-01 2024-01-31 00200545 d:OfficeEquipment 2023-02-01 2024-01-31 00200545 d:OfficeEquipment 2024-01-31 00200545 d:OfficeEquipment 2023-01-31 00200545 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 00200545 d:CurrentFinancialInstruments 2024-01-31 00200545 d:CurrentFinancialInstruments 2023-01-31 00200545 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 00200545 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 00200545 d:ShareCapital 2024-01-31 00200545 d:ShareCapital 2023-01-31 00200545 d:RetainedEarningsAccumulatedLosses 2024-01-31 00200545 d:RetainedEarningsAccumulatedLosses 2023-01-31 00200545 c:FRS102 2023-02-01 2024-01-31 00200545 c:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 00200545 c:FullAccounts 2023-02-01 2024-01-31 00200545 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 00200545 2 2023-02-01 2024-01-31 00200545 e:PoundSterling 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Registered number: 00200545










R. Lindsay Limited








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 31 January 2024

 
R. Lindsay Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of R. Lindsay Limited for the year ended 31 January 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R. Lindsay Limited for the year ended 31 January 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of R. Lindsay Limited, as a body, in accordance with the terms of our engagement letter dated 27 September 2024. Our work has been undertaken solely to prepare for your approval the financial statements of R. Lindsay Limited and state those matters that we have agreed to state to the Board of directors of R. Lindsay Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R. Lindsay Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that R. Lindsay Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of R. Lindsay Limited. You consider that R. Lindsay Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of R. Lindsay Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



Kreston Reeves LLP
Chartered Accountants
9 Donnington Park
85 Birdham Road
Chichester
West Sussex
PO20 7AJ
23 October 2024
Page 1

 
R. Lindsay Limited
Registered number: 00200545

Balance sheet
As at 31 January 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
145

  
-
145

Current assets
  

Debtors: amounts falling due within one year
 5 
1,000
1,000

Cash at bank and in hand
  
61,904
68,909

  
62,904
69,909

Creditors: amounts falling due within one year
 6 
(12,276)
(11,784)

Net current assets
  
 
 
50,628
 
 
58,125

Total assets less current liabilities
  
50,628
58,270

  

Net assets
  
50,628
58,270


Capital and reserves
  

Called up share capital 
  
31,010
31,010

Profit and loss account
  
19,618
27,260

  
50,628
58,270


The directors consider 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 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 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: 



................................................
Mr J S Lindsay
Director
Date: 23 October 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
R. Lindsay Limited
 

 
Notes to the financial statements
For the year ended 31 January 2024

1.


General information

The Company is a private Company limited by share capital incorporated in England & Wales, with the registered number 00200545.
The address of its registered office is:
Atherleigh, Saint Winefrides Road, Littlehampton, West Sussex BN17 5HA.

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

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

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.

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.

The estimated useful lives range as follows:

Office equipment
-
Straight-line over 36 months

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.

 
2.4

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.

 
2.5

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.

Page 3

 
R. Lindsay Limited
 

 
Notes to the financial statements
For the year ended 31 January 2024

2.Accounting policies (continued)

 
2.6

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

2024
2023
£
£

Wages and salaries
4,800
4,800

4,800
4,800


The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 February 2023
1,297



At 31 January 2024

1,297



Depreciation


At 1 February 2023
1,152


Charge for the year on owned assets
145



At 31 January 2024

1,297



Net book value



At 31 January 2024
-



At 31 January 2023
145


5.


Debtors

2024
2023
£
£


Other debtors
1,000
1,000


Page 4

 
R. Lindsay Limited
 

 
Notes to the financial statements
For the year ended 31 January 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
1,300
1,300

Other creditors
9,416
9,104

Accruals
1,560
1,380

12,276
11,784



Page 5