Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-31falsefalse2023-01-01No description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11711567 2023-01-01 2023-12-31 11711567 2022-01-01 2022-12-31 11711567 2023-12-31 11711567 2022-12-31 11711567 c:Director1 2023-01-01 2023-12-31 11711567 c:RegisteredOffice 2023-01-01 2023-12-31 11711567 d:CurrentFinancialInstruments 2023-12-31 11711567 d:CurrentFinancialInstruments 2022-12-31 11711567 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11711567 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11711567 d:ShareCapital 2023-12-31 11711567 d:ShareCapital 2022-12-31 11711567 d:RetainedEarningsAccumulatedLosses 2023-12-31 11711567 d:RetainedEarningsAccumulatedLosses 2022-12-31 11711567 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11711567 c:OrdinaryShareClass1 2023-12-31 11711567 c:OrdinaryShareClass1 2022-12-31 11711567 c:FRS102 2023-01-01 2023-12-31 11711567 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11711567 c:FullAccounts 2023-01-01 2023-12-31 11711567 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11711567 2 2023-01-01 2023-12-31 11711567 6 2023-01-01 2023-12-31 11711567 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 11711567








LUCKY BIRD LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




















 
LUCKY BIRD LIMITED
 
 
Company Information


Director
A F Beard 




Registered number
11711567



Registered office
3rd Floor

12 Gough Square

London

England

EC4A 3DW





 
LUCKY BIRD LIMITED
Registered number: 11711567

Balance Sheet
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
4,500
4,500

  
4,500
4,500

Current assets
  

Debtors: amounts falling due within one year
 5 
16,674,526
17,056,463

Cash at bank and in hand
 6 
2,043,276
1,974,159

  
18,717,802
19,030,622

Creditors: amounts falling due within one year
 7 
(16,809,740)
(17,175,729)

Net current assets
  
 
 
1,908,062
 
 
1,854,893

Total assets less current liabilities
  
1,912,562
1,859,393

  

Net assets
  
1,912,562
1,859,393


Capital and reserves
  

Called up share capital 
 8 
2,000,100
2,000,100

Profit and loss account
  
(87,538)
(140,707)

  
1,912,562
1,859,393


Page 1

 
LUCKY BIRD LIMITED
Registered number: 11711567
    
Balance Sheet (continued)
As at 31 December 2023

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 on 2 December 2024.




A F Beard
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
LUCKY BIRD LIMITED
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2023

1.


General information

Lucky Bird Limited ("the Company") is a private company limited by share capital, incorporated in the United Kingdom, and registered in England and Wales, with registration number 11711567. The registered office address is 3rd floor, 12 Gough Square, London, United Kingdom, EC4A 3DW.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to cash and cash equivalents are presented in the Statement of Income and Retained Earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Interest income

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

Page 3

 
LUCKY BIRD LIMITED
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2023

2.Accounting policies (continued)

 
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 balance sheet date in the countries where the Company operates and generates income.


 
2.5

Valuation of investments

Investments in joint ventures are held at cost less impairment.

 
2.6

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.

 
2.7

Cash and cash equivalents

Cash is represented by deposits held with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.8

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.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
LUCKY BIRD LIMITED
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2023

4.


Fixed asset investments





Investment in joint ventures

£



Cost or valuation


At 1 January 2023
4,500



At 31 December 2023
4,500





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
90
90

Amounts owed by joint ventures
16,674,436
17,056,363

Other debtors
-
10

16,674,526
17,056,463



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,043,276
1,974,159

2,043,276
1,974,159



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
16,674,437
17,056,363

Corporation tax
8,357
-

Other creditors
118,457
111,043

Accruals and deferred income
8,489
8,323

16,809,740
17,175,729


Page 5

 
LUCKY BIRD LIMITED
 
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2,000,000 (2022 - 2,000,000) Ordinary shares of £1.00 each
2,000,000
2,000,000

Allotted, called up and unpaid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



9.


Related party transactions

During the year, the director loaned the Company by way of a director loan current account £7,413 (2022: £8,323). The balance due to the director at the year end was £118,457 (2022: £111,044).

The Director also provided a loan facility to the company for the purpose of financing an investment in a joint venture. During the period the company drew down £Nil of this facility. At the year end £16,674,436 (2022: £17,056,363) remained outstanding with the movement due to FX movements. The loan facility is interest free and repayable on demand.

A corresponding debtor of £16,674,436 (2022: £17,056,363) is outstanding at 31 December 2023, being the amount due from the joint venture under the terms of a loan facility provided to it from the company. This amount is interest free and repayable on demand.

 
Page 6