Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-31true12023-02-01false1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09403281 2023-02-01 2024-01-31 09403281 2022-02-01 2023-01-31 09403281 2024-01-31 09403281 2023-01-31 09403281 c:Director1 2023-02-01 2024-01-31 09403281 d:CurrentFinancialInstruments 2024-01-31 09403281 d:CurrentFinancialInstruments 2023-01-31 09403281 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09403281 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 09403281 d:ShareCapital 2024-01-31 09403281 d:ShareCapital 2023-01-31 09403281 d:RetainedEarningsAccumulatedLosses 2024-01-31 09403281 d:RetainedEarningsAccumulatedLosses 2023-01-31 09403281 c:OrdinaryShareClass1 2023-02-01 2024-01-31 09403281 c:OrdinaryShareClass1 2024-01-31 09403281 c:OrdinaryShareClass1 2023-01-31 09403281 c:FRS102 2023-02-01 2024-01-31 09403281 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09403281 c:FullAccounts 2023-02-01 2024-01-31 09403281 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09403281 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09403281









LEXIE ENTERPRISES 2015 LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
LEXIE ENTERPRISES 2015 LIMITED
REGISTERED NUMBER: 09403281

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank
  
77
173

Current liabilities
  

Creditors: amounts falling due within one year
 4 
(3,049)
(2,659)

Net current liabilities
  
 
 
(2,972)
 
 
(2,486)

Total assets less current liabilities
  
(2,972)
(2,486)

  

Net liabilities
  
(2,972)
(2,486)


Capital and reserves
  

Called up share capital 
 5 
10
10

Profit and loss account
  
(2,982)
(2,496)

  
(2,972)
(2,486)


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 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 by: 




Mr M D Pollard
Director

Date: 30 October 2024

The notes on pages 2 to 5 form part of these financial statements.
Page 1

 
LEXIE ENTERPRISES 2015 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


GENERAL INFORMATION

Lexie Enterprises 2015 Limited is a private Company limited by shares, incorporated in England and Wales within the United Kingdom. The address of the registered office is 2 Venture Court, Edison Road, St. Ives, Cambridgeshire, PE27 3JX. This Company is not part of a group. 

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 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

GOING CONCERN

The Company is only able to trade with the continuing support of the director. The director has indicated that this support will not be withdrawn. On this basis, the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of this support.
Page 2

 
LEXIE ENTERPRISES 2015 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

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.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.4

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 3

 
LEXIE ENTERPRISES 2015 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

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 corporation 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


CREDITORS: Amounts falling due within one year

2024
2023
£
£

Other creditors
2,665
2,299

Accruals
384
360

3,049
2,659



5.


SHARE CAPITAL

2024
2023
£
£
Allotted, called up and fully paid



10 (2023 - 10) Ordinary shares of £1 each
10
10


Page 4

 
LEXIE ENTERPRISES 2015 LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

6.


RELATED PARTY TRANSACTIONS

During the year the Company operated a loan with the director of the Company. The amount payable to the director of the Company at the year end was £306 (2023- £306). This loan is interest free and repayable on demand.
The Company operated a loan account with Pollard Services (2001) Limited, a Company under common control. The amount due to Pollard Services (2001) Limited at the year end was £2,359 (2023 – £1,993). This loan is interest free and repayable upon demand. 


Page 5