Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312023-05-172024-05-311No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-17falsetruetruefalse SC769742 2023-05-16 SC769742 2023-05-17 2024-05-31 SC769742 2022-06-01 2023-05-16 SC769742 2024-05-31 SC769742 c:Director1 2023-05-17 2024-05-31 SC769742 c:Director1 2024-05-31 SC769742 c:RegisteredOffice 2023-05-17 2024-05-31 SC769742 d:OfficeEquipment 2023-05-17 2024-05-31 SC769742 d:OfficeEquipment 2024-05-31 SC769742 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-17 2024-05-31 SC769742 d:CurrentFinancialInstruments 2024-05-31 SC769742 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 SC769742 d:ShareCapital 2024-05-31 SC769742 d:RetainedEarningsAccumulatedLosses 2024-05-31 SC769742 c:OrdinaryShareClass1 2023-05-17 2024-05-31 SC769742 c:OrdinaryShareClass1 2024-05-31 SC769742 c:FRS102 2023-05-17 2024-05-31 SC769742 c:AuditExempt-NoAccountantsReport 2023-05-17 2024-05-31 SC769742 c:FullAccounts 2023-05-17 2024-05-31 SC769742 c:PrivateLimitedCompanyLtd 2023-05-17 2024-05-31 SC769742 e:PoundSterling 2023-05-17 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC769742










LEARNEY SERVICES LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

 
LEARNEY SERVICES LIMITED
 

COMPANY INFORMATION


Director
Robert Francis Grant (appointed 17 May 2023)




Registered number
SC769742



Registered office
Learney Home Farm
Trophins

Banchory

AB31 4NB




Accountants
EQ Accountants Limited
Chartered Accountants

Westby

64 West High Street

Forfar

Angus

DD8 1BJ





 
LEARNEY SERVICES LIMITED
REGISTERED NUMBER: SC769742

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
£

FIXED ASSETS
  

Tangible assets
  
1,544

  
1,544

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
25,644

Cash at bank and in hand
  
64,439

  
90,083

Creditors: amounts falling due within one year
 6 
(21,026)

NET CURRENT ASSETS
  
 
 
69,057

TOTAL ASSETS LESS CURRENT LIABILITIES
  
70,601

  

NET ASSETS
  
70,601


CAPITAL AND RESERVES
  

Called up share capital 
  
1

Profit and loss account
  
70,600

  
70,601

Page 1

 
LEARNEY SERVICES LIMITED
REGISTERED NUMBER: SC769742

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

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 on 14 February 2025.




Robert Francis Grant
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
LEARNEY SERVICES LIMITED
 

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

1.


GENERAL INFORMATION

Learney Services Limited is a private company, limited by shares, incorporated in Scotland with registration number SC769742. The registered office is Learney Home Farm, Torphins, Banchory, Scotland, AB31 4NB. 
The Company's functional and presentational currency is GBP.

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

TURNOVER

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

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.


 
2.4

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 3

 
LEARNEY SERVICES LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)


2.4
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%

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.

Page 4

 
LEARNEY SERVICES LIMITED
 

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

2.ACCOUNTING POLICIES (CONTINUED)

 
2.5

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.


3.


EMPLOYEES




The average monthly number of employees, including directors, during the period was 1.


4.


TANGIBLE FIXED ASSETS





Office equipment

£



COST OR VALUATION


Additions
2,059



At 31 May 2024

2,059



DEPRECIATION


Charge for the period on owned assets
515



At 31 May 2024

515



NET BOOK VALUE



At 31 May 2024
1,544


5.


DEBTORS

2024
£


Other debtors
25,644

25,644


Page 5

 
LEARNEY SERVICES LIMITED
 

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

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
£

Other taxation and social security
19,586

Accruals and deferred income
1,440

21,026



7.


SHARE CAPITAL

2024
£
ALLOTTED, CALLED UP AND FULLY PAID


1 Ordinary share of £1.00
1


During the year 1 Ordinary shares were issued at a nominal value of £1 per share.


Page 6