Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31No description of principal activity12023-06-01falsetrue1truetrue 09268935 2023-06-01 2024-05-31 09268935 2022-06-01 2023-05-31 09268935 2024-05-31 09268935 2023-05-31 09268935 c:Director1 2023-06-01 2024-05-31 09268935 d:CurrentFinancialInstruments 2024-05-31 09268935 d:CurrentFinancialInstruments 2023-05-31 09268935 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 09268935 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 09268935 d:ShareCapital 2024-05-31 09268935 d:ShareCapital 2023-05-31 09268935 c:EntityHasNeverTraded 2023-06-01 2024-05-31 09268935 c:FRS102 2023-06-01 2024-05-31 09268935 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09268935 c:FullAccounts 2023-06-01 2024-05-31 09268935 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09268935 d:Subsidiary1 2023-06-01 2024-05-31 09268935 d:Subsidiary1 1 2023-06-01 2024-05-31 09268935 6 2023-06-01 2024-05-31 09268935 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number:  09268935














LTS GROUP LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


 
LTS GROUP LIMITED
REGISTERED NUMBER: 09268935

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 3 
1,289,197
1,289,197

  
1,289,197
1,289,197

Current assets
  

Debtors: amounts falling due within one year
 4 
290
290

  
290
290

Creditors: amounts falling due within one year
 5 
(1,287,487)
(1,287,487)

Net current liabilities
  
 
 
(1,287,197)
 
 
(1,287,197)

Total assets less current liabilities
  
2,000
2,000

  

Net assets
  
2,000
2,000


Capital and reserves
  

Called up share capital 
  
2,000
2,000

  
2,000
2,000


Page 1

 
LTS GROUP LIMITED
REGISTERED NUMBER: 09268935
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

For the year ended 31 May 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 profit and loss account 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 4 November 2024.




W C Currie
Director

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

Page 2

 
LTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England and Wales (no.09268935). The address of the registered office is 3rd Floor Castle Chambers, 43 Castle Street, Liverpool, Merseyside L2 9SH.

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.

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.3

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

 
LTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 June 2023
1,289,197



At 31 May 2024
1,289,197





Subsidiary undertaking


The following was a subsidiary undertaking of the Company:

Name

Class of shares

Holding

London Teaching Supply Ltd
Ordinary
100%


4.


Debtors

2024
2023
£
£


Called up share capital not paid
290
290

290
290



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
1,900
1,900

Other creditors
1,285,587
1,285,587

1,287,487
1,287,487


Page 4

 
LTS GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

6.


Related party transactions


2024
2023
£
£

Amount due to director and shareholder
1,285,587
1,285,587

The loan is repayable on demand.

Page 5