Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30true2023-10-01falseNo 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 08695130 2023-10-01 2024-09-30 08695130 2022-10-01 2023-09-30 08695130 2024-09-30 08695130 2023-09-30 08695130 c:Director1 2023-10-01 2024-09-30 08695130 c:Director1 2024-09-30 08695130 c:Director2 2023-10-01 2024-09-30 08695130 c:Director2 2024-09-30 08695130 c:RegisteredOffice 2023-10-01 2024-09-30 08695130 d:MotorVehicles 2023-10-01 2024-09-30 08695130 d:MotorVehicles 2024-09-30 08695130 d:MotorVehicles 2023-09-30 08695130 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 08695130 d:CurrentFinancialInstruments 2024-09-30 08695130 d:CurrentFinancialInstruments 2023-09-30 08695130 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 08695130 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 08695130 d:ShareCapital 2024-09-30 08695130 d:ShareCapital 2023-09-30 08695130 d:RetainedEarningsAccumulatedLosses 2024-09-30 08695130 d:RetainedEarningsAccumulatedLosses 2023-09-30 08695130 c:FRS102 2023-10-01 2024-09-30 08695130 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 08695130 c:FullAccounts 2023-10-01 2024-09-30 08695130 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08695130 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 08695130







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024


L H R J ASSOCIATES LTD






































img1aef.png                        

 


L H R J ASSOCIATES LTD
 


 
COMPANY INFORMATION


Directors
Mr L McDonnell (resigned 28 March 2024)
Mrs C De Burca (appointed 28 March 2024)




Registered number
08695130



Registered office
3000a Parkway

Whiteley

Hampshire

PO157FX




Trading Address
3000 Hillswood Drive

Chertsey

Surrey

KT16 0RS






Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


L H R J ASSOCIATES LTD
REGISTERED NUMBER:08695130



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
12,472

  
-
12,472

Current assets
  

Stocks
  
1,399,520
1,165,109

Cash at bank and in hand
  
109,555
377

  
1,509,075
1,165,486

Creditors: amounts falling due within one year
 5 
(1,560,725)
(1,233,128)

Net current liabilities
  
 
 
(51,650)
 
 
(67,642)

Total assets less current liabilities
  
(51,650)
(55,170)

Provisions for liabilities
  

Deferred tax
  
-
(3,118)

  
 
 
-
 
 
(3,118)

Net liabilities
  
(51,650)
(58,288)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(51,750)
(58,388)

  
(51,650)
(58,288)


Page 1

 


L H R J ASSOCIATES LTD
REGISTERED NUMBER:08695130


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

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 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: 




Mrs C De Burca
Director

Date: 6 November 2024

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

Page 2

 


L H R J ASSOCIATES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

L H R J Associates Ltd is a private company, limited by shares, incorporated in England and Wales. The company's registered number, registered office and trading address can be found on the Company Information page. 
The Company's functional and presentational currency is GBP and is rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.  

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:

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.

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.

Page 3

 


L H R J ASSOCIATES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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 reporting 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 reporting 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 reporting date.

 
2.5

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.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Straight-line

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.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 


L H R J ASSOCIATES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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 Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


3.


Employees

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

Page 5

 


L H R J ASSOCIATES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Motor vehicles

£



Cost or valuation


At 1 October 2023
56,091



At 30 September 2024

56,091



Depreciation


At 1 October 2023
43,619


Charge for the year on owned assets
12,472



At 30 September 2024

56,091



Net book value



At 30 September 2024
-



At 30 September 2023
12,472

Page 6

 


L H R J ASSOCIATES LTD
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
10,014
250

Other creditors
1,549,211
1,231,378

Accruals and deferred income
1,500
1,500

1,560,725
1,233,128



6.


Related party transactions

At the year end, included within creditors due under one year was a shareholder loan account balance due to the shareholder amounting to £1,445,308 (2023 - £86).
At the year end, included within creditors due under one year was a loan account balance due to PMA (Health & Safety) Limited amounting to £nil (2023 - £49,834) which is a company under common control of the shareholder.
At the year end, included within creditors due under one year was a loan account balance due to PMA (Services) Limited amounting to £nil (2023 - £1,077,554) which is a company under common control of the shareholder.

Page 7