Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-07-01falsePrinting not elsewhere classified22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11404479 2022-07-01 2023-10-31 11404479 2021-07-01 2022-06-30 11404479 2023-10-31 11404479 2022-06-30 11404479 2021-07-01 11404479 c:Director2 2022-07-01 2023-10-31 11404479 d:PlantMachinery 2022-07-01 2023-10-31 11404479 d:PlantMachinery 2023-10-31 11404479 d:PlantMachinery 2022-06-30 11404479 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-10-31 11404479 d:MotorVehicles 2022-07-01 2023-10-31 11404479 d:MotorVehicles 2023-10-31 11404479 d:MotorVehicles 2022-06-30 11404479 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-10-31 11404479 d:FurnitureFittings 2022-07-01 2023-10-31 11404479 d:FurnitureFittings 2023-10-31 11404479 d:FurnitureFittings 2022-06-30 11404479 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-10-31 11404479 d:ComputerEquipment 2022-07-01 2023-10-31 11404479 d:ComputerEquipment 2023-10-31 11404479 d:ComputerEquipment 2022-06-30 11404479 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-10-31 11404479 d:OwnedOrFreeholdAssets 2022-07-01 2023-10-31 11404479 d:CurrentFinancialInstruments 2023-10-31 11404479 d:CurrentFinancialInstruments 2022-06-30 11404479 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 11404479 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 11404479 d:ShareCapital 2022-07-01 2023-10-31 11404479 d:ShareCapital 2023-10-31 11404479 d:ShareCapital 2021-07-01 2022-06-30 11404479 d:ShareCapital 2022-06-30 11404479 d:ShareCapital 2021-07-01 11404479 d:RetainedEarningsAccumulatedLosses 2022-07-01 2023-10-31 11404479 d:RetainedEarningsAccumulatedLosses 2023-10-31 11404479 d:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 11404479 d:RetainedEarningsAccumulatedLosses 2022-06-30 11404479 d:RetainedEarningsAccumulatedLosses 2021-07-01 11404479 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2022-07-01 2023-10-31 11404479 d:FurtherSpecificTypeProvisionContingentLiability1ComponentTotalProvisionsContingentLiabilities 2023-10-31 11404479 c:FRS102 2022-07-01 2023-10-31 11404479 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-10-31 11404479 c:FullAccounts 2022-07-01 2023-10-31 11404479 c:PrivateLimitedCompanyLtd 2022-07-01 2023-10-31 11404479 2 2022-07-01 2023-10-31 11404479 e:PoundSterling 2022-07-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 11404479









LAMI SERVICES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2023

 
LAMI SERVICES LTD
REGISTERED NUMBER: 11404479

BALANCE SHEET
AS AT 31 OCTOBER 2023

31 October
30 June
2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
106,938
94,872

  
106,938
94,872

Current assets
  

Debtors: amounts falling due within one year
 5 
280,162
41,374

Cash at bank and in hand
 6 
24,180
190,037

  
304,342
231,411

Creditors: amounts falling due within one year
 7 
(156,552)
(201,073)

Net current assets
  
 
 
147,790
 
 
30,338

Total assets less current liabilities
  
254,728
125,210

Provisions for liabilities
  

Other provisions
  
(15,000)
-

  
 
 
(15,000)
 
 
-

Net assets
  
239,728
125,210


Capital and reserves
  

Called up share capital 
  
90
60

Profit and loss account
  
239,638
125,150

  
239,728
125,210


Page 1

 
LAMI SERVICES LTD
REGISTERED NUMBER: 11404479
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

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 period 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 income and retained earnings 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 29 October 2024.




................................................
Peter James Hay
Director

The notes on pages 5 to 9 form part of these financial statements.

Page 2

 
LAMI SERVICES LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 OCTOBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 July 2022
60
125,150
125,210


Comprehensive income for the period

Profit for the period

-
114,488
114,488


Other comprehensive income for the period
-
-
-


Total comprehensive income for the period
-
114,488
114,488


Contributions by and distributions to owners

Shares issued during the period
30
-
30


Total transactions with owners
30
-
30


At 31 October 2023
90
239,638
239,728


The notes on pages 5 to 9 form part of these financial statements.

Page 3

 
LAMI SERVICES LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 July 2021
60
96,479
96,539


Comprehensive income for the year

Profit for the year

-
28,671
28,671


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
28,671
28,671


Total transactions with owners
-
-
-


At 30 June 2022
60
125,150
125,210


The notes on pages 5 to 9 form part of these financial statements.

Page 4

 
LAMI SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

1.


General information

Lami Services Ltd is a private company, limited by shares, registered in England and Wales. The company's registered office is 6a Northbridge Road, Berkhamsted, United Kingdom, HP4 1EH.

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

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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.

Page 5

 
LAMI SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
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.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.5

Interest income

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

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

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.

 
2.8

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.

Page 6

 
LAMI SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
Motor vehicles
-
25%
Fixtures and fittings
-
15%
Computer equipment
-
33%

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.

 
2.9

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.

 
2.10

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.

 
2.11

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.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2022 - 2).

Page 7

 
LAMI SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

4.


Tangible fixed assets







Plant and machinery
Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 July 2022
360
7,917
96,720
36,729
141,726


Additions
9,575
-
27,168
7,588
44,331


Disposals
-
(7,917)
-
-
(7,917)



At 31 October 2023

9,935
-
123,888
44,317
178,140



Depreciation


At 1 July 2022
360
3,958
23,173
19,362
46,853


Charge for the period on owned assets
1,041
-
17,595
9,671
28,307


Disposals
-
(3,958)
-
-
(3,958)



At 31 October 2023

1,401
-
40,768
29,033
71,202



Net book value



At 31 October 2023
8,534
-
83,120
15,284
106,938



At 30 June 2022
-
3,958
73,547
17,367
94,872


5.


Debtors

31 October
30 June
2023
2022
£
£


Trade debtors
92,225
41,316

Other debtors
185,961
58

Prepayments and accrued income
1,976
-

280,162
41,374


Page 8

 
LAMI SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

6.


Cash and cash equivalents

31 October
30 June
2023
2022
£
£

Cash at bank and in hand
24,180
190,037

24,180
190,037



7.


Creditors: Amounts falling due within one year

31 October
30 June
2023
2022
£
£

Trade creditors
85,396
37,617

Corporation tax
27,791
34

Other taxation and social security
-
9,818

Other creditors
17,865
153,604

Accruals and deferred income
25,500
-

156,552
201,073



8.


Provisions








Dilapidation

£





Charged to profit or loss
15,000



At 31 October 2023
15,000

 
Page 9