Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-3114028false2023-06-01No description of principal activity6853truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06593948 2023-06-01 2024-05-31 06593948 2022-06-01 2023-05-31 06593948 2024-05-31 06593948 2023-05-31 06593948 c:Director1 2023-06-01 2024-05-31 06593948 d:Buildings 2023-06-01 2024-05-31 06593948 d:Buildings 2024-05-31 06593948 d:Buildings 2023-05-31 06593948 d:Buildings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06593948 d:Buildings d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 06593948 d:Buildings d:LongLeaseholdAssets 2023-06-01 2024-05-31 06593948 d:Buildings d:LongLeaseholdAssets 2024-05-31 06593948 d:Buildings d:LongLeaseholdAssets 2023-05-31 06593948 d:MotorVehicles 2023-06-01 2024-05-31 06593948 d:MotorVehicles 2024-05-31 06593948 d:MotorVehicles 2023-05-31 06593948 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06593948 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 06593948 d:OfficeEquipment 2023-06-01 2024-05-31 06593948 d:OfficeEquipment 2024-05-31 06593948 d:OfficeEquipment 2023-05-31 06593948 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06593948 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 06593948 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 06593948 d:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 06593948 d:CurrentFinancialInstruments 2024-05-31 06593948 d:CurrentFinancialInstruments 2023-05-31 06593948 d:Non-currentFinancialInstruments 2024-05-31 06593948 d:Non-currentFinancialInstruments 2023-05-31 06593948 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 06593948 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 06593948 d:Non-currentFinancialInstruments d:AfterOneYear 2024-05-31 06593948 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 06593948 d:ShareCapital 2024-05-31 06593948 d:ShareCapital 2023-05-31 06593948 d:OtherMiscellaneousReserve 2024-05-31 06593948 d:OtherMiscellaneousReserve 2023-05-31 06593948 d:RetainedEarningsAccumulatedLosses 2024-05-31 06593948 d:RetainedEarningsAccumulatedLosses 2023-05-31 06593948 c:FRS102 2023-06-01 2024-05-31 06593948 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06593948 c:FullAccounts 2023-06-01 2024-05-31 06593948 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06593948 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 06593948 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 06593948 d:RetirementBenefitObligationsDeferredTax 2024-05-31 06593948 d:RetirementBenefitObligationsDeferredTax 2023-05-31 06593948 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-05-31 06593948 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-05-31 06593948 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Registered number: 06593948









LANPRO SERVICES LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
LANPRO SERVICES LIMITED
REGISTERED NUMBER: 06593948

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
403,192
456,069

  
403,192
456,069

Current assets
  

Debtors: amounts falling due within one year
 5 
2,113,220
1,326,504

Cash at bank and in hand
 6 
1,006,419
510,840

  
3,119,639
1,837,344

Creditors: amounts falling due within one year
 7 
(1,506,845)
(804,579)

Net current assets
  
 
 
1,612,794
 
 
1,032,765

Total assets less current liabilities
  
2,015,986
1,488,834

Creditors: amounts falling due after more than one year
 8 
(147,822)
(200,889)

Provisions for liabilities
  

Deferred tax
 9 
(30,716)
(35,769)

  
 
 
(30,716)
 
 
(35,769)

Net assets
  
1,837,448
1,252,176


Capital and reserves
  

Called up share capital 
  
120
120

Share option reserve
  
1,335
667

Profit and loss account
  
1,835,993
1,251,389

  
1,837,448
1,252,176


Page 1

 
LANPRO SERVICES LIMITED
REGISTERED NUMBER: 06593948

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 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 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 18 February 2025.




C Leeming
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
LANPRO SERVICES LIMITED
 

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

1.


General information

Lanpro Services Limited is a private company limited by shares, incorporated in England and Wales, with a company registration number of 03678864. The address of the registered office is Anglia House, 6 Central Avenue, St Andrews Business Park, Thorpe St Andrew, Norwich, Norfolk, NR7 0HR..

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

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Rendering of services

Turnover 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 turnover 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.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
LANPRO SERVICES LIMITED
 

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

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

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 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.

 
2.8

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.

Page 4

 
LANPRO SERVICES LIMITED
 

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

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Freehold property
-
5% straight line basis
Leasehold property
-
over the terms of the lease
Motor vehicles
-
25% reducing balance basis
Office equipment, fixtures and fittings
-
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.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.10

Cash and cash equivalents

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

 
2.11

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.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 68 (2023 - 53).

Page 5

 
LANPRO SERVICES LIMITED
 

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

4.


Tangible fixed assets





Freehold property
Leasehold property improvement
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 June 2023
282,546
125,968
90,084
271,330
769,928


Additions
-
-
-
61,603
61,603


Disposals
-
-
(19,673)
(27,161)
(46,834)



At 31 May 2024

282,546
125,968
70,411
305,772
784,697



Depreciation


At 1 June 2023
48,793
93,123
34,555
137,388
313,859


Charge for the year on owned assets
8,139
14,028
-
76,390
98,557


Charge for the year on financed assets
-
-
13,857
-
13,857


Disposals
-
-
(17,607)
(27,161)
(44,768)



At 31 May 2024

56,932
107,151
30,805
186,617
381,505



Net book value



At 31 May 2024
225,614
18,817
39,606
119,155
403,192



At 31 May 2023
233,753
32,845
55,529
133,942
456,069

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
39,606
52,809

Page 6

 
LANPRO SERVICES LIMITED
 

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

5.


Debtors

2024
2023
£
£


Trade debtors
1,396,066
747,123

Amounts owed by associated companies
604,480
491,675

Other debtors
18,870
14,848

Prepayments
93,804
72,858

2,113,220
1,326,504



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,006,419
510,840



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
46,267
54,799

Trade creditors
424,032
178,810

Corporation tax
429,287
176,231

Other taxation and social security
349,171
201,584

Obligations under finance lease and hire purchase contracts
7,707
8,284

Other creditors
92,147
52,416

Accruals
158,234
132,455

1,506,845
804,579


Page 7

 
LANPRO SERVICES LIMITED
 

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

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
106,893
152,829

Net obligations under finance leases and hire purchase contracts
40,929
48,060

147,822
200,889


The following liabilities were secured:

2024
2023
£
£



Bank loans
153,160
207,628

Obligations under finance leases and hire purchase contracts
48,636
56,344

201,796
263,972

Details of security provided:

This figure represents the aggregate amount of all creditors in the company's balance sheet in respect of which security has been given by the company.  The security on the bank loans is by way of a debenture on the freehold property of 96 Pottergate, Norwich.
Obligations under finance leases and hire purchase contracts are secured on the assets to which they relate.


9.


Deferred taxation




2024


£






At beginning of year
35,769


Charged to profit or loss
(5,053)



At end of year
30,716

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
29,896
34,134

Pension creditor
820
1,635

30,716
35,769

Page 8

 
LANPRO SERVICES LIMITED
 

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

10.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £182,131 (2023 £152,696). Contributions of £2,609 (2023 £13,212) were payable to the fund at the balance sheet date


Page 9