Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30falsefalsefalse12023-01-01trueNo description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13265941 2023-01-01 2024-06-30 13265941 2022-01-01 2022-12-31 13265941 2024-06-30 13265941 2022-12-31 13265941 c:Director1 2023-01-01 2024-06-30 13265941 c:RegisteredOffice 2023-01-01 2024-06-30 13265941 d:CurrentFinancialInstruments 2024-06-30 13265941 d:CurrentFinancialInstruments 2022-12-31 13265941 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 13265941 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13265941 d:ShareCapital 2024-06-30 13265941 d:ShareCapital 2022-12-31 13265941 d:RetainedEarningsAccumulatedLosses 2024-06-30 13265941 d:RetainedEarningsAccumulatedLosses 2022-12-31 13265941 c:FRS102 2023-01-01 2024-06-30 13265941 c:AuditExempt-NoAccountantsReport 2023-01-01 2024-06-30 13265941 c:FullAccounts 2023-01-01 2024-06-30 13265941 c:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 13265941 e:PoundSterling 2023-01-01 2024-06-30 iso4217:GBP xbrli:pure
Company registration number: 13265941







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 JUNE 2024


LYNNE CLOSE LIMITED






































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LYNNE CLOSE LIMITED
 


 
COMPANY INFORMATION


Director
M McElduff 




Registered number
13265941



Registered office
Cheeca Lodge
Flower Lane

Godstone

Surrey

RH9 8DE




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


LYNNE CLOSE LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 3


 


LYNNE CLOSE LIMITED
REGISTERED NUMBER:13265941



STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

30 June
31 December
2024
2022
Note
£
£

  

Current assets
  

Stocks
 4 
-
3,333,570

Debtors: amounts falling due within one year
 5 
100
200

Cash at bank and in hand
  
-
469

  
100
3,334,239

Creditors: amounts falling due within one year
 6 
(35,583)
(3,345,684)

Net current liabilities
  
 
 
(35,483)
 
 
(11,445)

Total assets less current liabilities
  
(35,483)
(11,445)

  

Net liabilities
  
(35,483)
(11,445)


Capital and reserves
  

Allotted, called up and fully paid share capital
  
200
200

Profit and loss account
  
(35,683)
(11,645)

  
(35,483)
(11,445)


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 period 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: 

M McElduff
Director

Date: 2 October 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


LYNNE CLOSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Lynne Close Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the company information page.
As these are expected to be the last financial statements prepared by the company, the accounting reference date of the company has been changed from 31 December 2023 to 30 June 2024 to include all the sales of the company. In the prior year, the accounts were presented for a twelve month period and are therefore not directly comparable.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company's remaining assets were sold in the period ended 30 June 2024. The director intends to close the company and therefore does not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern.

 
2.3

Revenue

Revenue consists of the sale of properties, service charges and management charges. 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.

 
2.4

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 reporting date in the countries where the company operates and generates income.

  
2.5

Stocks

Work in progress is valued on the basis of direct costs incurred. A provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of the work in progress.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. 

Page 2

 


LYNNE CLOSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

3.


Employees


The average monthly number of employees, including the director, during the period was 1 (year ended 31 December 2022: 1).


4.


Stocks

30 June
31 December
2024
2022
£
£

Work in progress
-
3,333,570

-
3,333,570



5.


Debtors

30 June
31 December
2024
2022
£
£


Amounts owed by group undertakings
100
100

Called up share capital not paid
-
100

100
200



6.


Creditors: Amounts falling due within one year

30 June
31 December
2024
2022
£
£

Other loans
-
3,334,413

Trade creditors
-
330

Corporation tax
35,583
-

Other creditors
-
1,000

Accruals and deferred income
-
9,941

35,583
3,345,684


 
Page 3