Caseware UK (AP4) 2023.0.135 2023.0.135 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-08-01falsedental practice activities1717truetrue 06141427 2023-08-01 2024-07-31 06141427 2022-08-01 2023-07-31 06141427 2024-07-31 06141427 2023-07-31 06141427 c:Director1 2023-08-01 2024-07-31 06141427 c:Director2 2023-08-01 2024-07-31 06141427 d:Buildings d:LongLeaseholdAssets 2023-08-01 2024-07-31 06141427 d:Buildings d:LongLeaseholdAssets 2024-07-31 06141427 d:Buildings d:LongLeaseholdAssets 2023-07-31 06141427 d:PlantMachinery 2023-08-01 2024-07-31 06141427 d:PlantMachinery 2024-07-31 06141427 d:PlantMachinery 2023-07-31 06141427 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 06141427 d:FurnitureFittings 2023-08-01 2024-07-31 06141427 d:FurnitureFittings 2024-07-31 06141427 d:FurnitureFittings 2023-07-31 06141427 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 06141427 d:ComputerEquipment 2023-08-01 2024-07-31 06141427 d:ComputerEquipment 2024-07-31 06141427 d:ComputerEquipment 2023-07-31 06141427 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 06141427 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 06141427 d:Goodwill 2023-08-01 2024-07-31 06141427 d:Goodwill 2024-07-31 06141427 d:Goodwill 2023-07-31 06141427 d:CurrentFinancialInstruments 2024-07-31 06141427 d:CurrentFinancialInstruments 2023-07-31 06141427 d:Non-currentFinancialInstruments 2024-07-31 06141427 d:Non-currentFinancialInstruments 2023-07-31 06141427 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 06141427 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 06141427 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 06141427 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 06141427 d:ShareCapital 2024-07-31 06141427 d:ShareCapital 2023-07-31 06141427 d:RetainedEarningsAccumulatedLosses 2024-07-31 06141427 d:RetainedEarningsAccumulatedLosses 2023-07-31 06141427 c:FRS102 2023-08-01 2024-07-31 06141427 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06141427 c:FullAccounts 2023-08-01 2024-07-31 06141427 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06141427 2 2023-08-01 2024-07-31 06141427 d:Goodwill d:OwnedIntangibleAssets 2023-08-01 2024-07-31 06141427 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Registered number: 06141427













R & A Lampard Limited

Financial statements
Information for filing with the registrar

31 July 2024




 
R & A Lampard Limited


Balance sheet
At 31 July 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
131,250
176,250

Tangible assets
 5 
113,087
106,592

  
244,337
282,842

Current assets
  

Stocks
  
24,000
10,000

Debtors
 6 
217,471
54,663

Cash at bank and in hand
  
350,731
496,118

  
592,202
560,781

Creditors: amounts falling due within one year
 7 
(160,123)
(171,781)

Net current assets
  
 
 
432,079
 
 
389,000

Total assets less current liabilities
  
676,416
671,842

Creditors: amounts falling due after more than one year
 8 
(8,333)
(18,333)

Provisions for liabilities
  

Deferred tax
  
(21,893)
(21,691)

Net assets
  
646,190
631,818


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
646,188
631,816

Shareholders' funds
  
646,190
631,818


1

 
R & A Lampard Limited

    
Balance sheet (continued)
At 31 July 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 statement of comprehensive income 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 28 February 2025.




D J Woricker
L Woricker
Director
Director

Company registered number: 06141427
The notes on pages 3 to 9 form part of these financial statements. 

2

 
R & A Lampard Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

1.


General information

R & A Lampard Limited ('the company') is a private company limited by shares, incorporated and domiciled in the United Kingdom and registered in England and Wales. The address of the registered office is Citygate, St James' Boulevard, Newcastle upon Tyne, NE1 4JE.

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

Revenue

The turnover shown in the profit and loss account represents private fees and capitation schemes income receivable during the period.

 
2.3

Interest income

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

 
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.

3

 
R & A Lampard Limited
 

 
Notes to the financial statements
Year ended 31 July 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Goodwill
-
10
years

4

 
R & A Lampard Limited
 

 
Notes to the financial statements
Year ended 31 July 2024

2.Accounting policies (continued)

 
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.

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:

Long-term leasehold property
-
2%
straight line
Plant and machinery
-
25%
reducing balance
Fixtures and fittings
-
25%
reducing balance
Computer equipment
-
25%
reducing balance

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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.11

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 balance sheet 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
5

 
R & A Lampard Limited
 

 
Notes to the financial statements
Year ended 31 July 2024

2.Accounting policies (continued)


2.11
Financial instruments (continued)

settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
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 17 (2023: 17).

6

 
R & A Lampard Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

4.


Intangible assets




Goodwill

£



Cost


At 1 August 2023
450,000



At 31 July 2024

450,000



Amortisation


At 1 August 2023
273,750


Charge for the year
45,000



At 31 July 2024

318,750



Net book value



At 31 July 2024
131,250



At 31 July 2023
176,250



7

 
R & A Lampard Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£
£



Cost


At 1 August 2023
60,852
244,929
24,308
19,641
349,730


Additions
2,359
18,000
-
4,095
24,454



At 31 July 2024

63,211
262,929
24,308
23,736
374,184



Depreciation


At 1 August 2023
4,151
201,025
21,923
16,038
243,137


Charge for the year
1,256
14,726
596
1,382
17,960



At 31 July 2024

5,407
215,751
22,519
17,420
261,097



Net book value



At 31 July 2024
57,804
47,178
1,789
6,316
113,087



At 31 July 2023
56,701
43,904
2,385
3,602
106,592


6.


Debtors

2024
2023
£
£


Trade debtors
12,382
19,303

Amounts owed by group undertakings
205,089
28,220

Other debtors
-
1,203

Prepayments and accrued income
-
5,937

217,471
54,663


8

 
R & A Lampard Limited
 
 

Notes to the financial statements
Year ended 31 July 2024

7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
18,314
16,882

Corporation tax
58,717
60,293

Other taxation and social security
5,782
-

Other creditors
32,728
41,389

Accruals and deferred income
34,582
43,217

160,123
171,781



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
8,333
18,333

8,333
18,333



9.


Related party transactions

The company was under the control of D & L Woricker Ltd, a company registered in England and Wales. D & L Woricker Ltd is the majority shareholder. 
R & A Lampard Limited transacted with D & L Woricker Ltd by way of an intercompany account. At 31 July 2024, R & A Lampard Limited was owed £205,089 by D & L Woricker Ltd (2023: £28,220 owed to D & L Woricker Ltd).

 
9