Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrue2falseRental business2false 14313518 2023-03-31 2024-03-31 14313518 2022-03-31 2023-03-30 14313518 2024-03-31 14313518 2023-03-30 14313518 c:Director2 2023-03-31 2024-03-31 14313518 d:FurnitureFittings 2023-03-31 2024-03-31 14313518 d:FurnitureFittings 2024-03-31 14313518 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-03-31 2024-03-31 14313518 d:LeaseholdInvestmentProperty 2023-03-31 2024-03-31 14313518 d:LeaseholdInvestmentProperty 2024-03-31 14313518 d:CurrentFinancialInstruments 2024-03-31 14313518 d:CurrentFinancialInstruments 2023-03-30 14313518 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14313518 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-30 14313518 d:ShareCapital 2024-03-31 14313518 d:ShareCapital 2023-03-30 14313518 d:RetainedEarningsAccumulatedLosses 2024-03-31 14313518 d:RetainedEarningsAccumulatedLosses 2023-03-30 14313518 c:FRS102 2023-03-31 2024-03-31 14313518 c:AuditExempt-NoAccountantsReport 2023-03-31 2024-03-31 14313518 c:FullAccounts 2023-03-31 2024-03-31 14313518 c:PrivateLimitedCompanyLtd 2023-03-31 2024-03-31 14313518 6 2023-03-31 2024-03-31 14313518 e:PoundSterling 2023-03-31 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 14313518










PERCY LLOYD LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
PERCY LLOYD LIMITED
REGISTERED NUMBER: 14313518

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
30 March
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
645
-

Investments
 5 
100
-

Investment property
 6 
832,640
-

  
833,385
-

Current assets
  

Debtors: amounts falling due within one year
 7 
634
100

Cash at bank and in hand
 8 
31,572
-

  
32,206
100

Creditors: amounts falling due within one year
 9 
(864,917)
-

Net current (liabilities)/assets
  
 
 
(832,711)
 
 
100

Total assets less current liabilities
  
674
100

  

Net assets
  
674
100


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
574
-

  
674
100


Page 1

 
PERCY LLOYD LIMITED
REGISTERED NUMBER: 14313518
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 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 period 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 by: 




Neil Vincent Svensen
Director

Date: 19 March 2025

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
PERCY LLOYD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

Percy Lloyd Limited is a private company limited by shares and registered in England and Wales. Company number 14313518. The registered office address is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

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

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.


 
2.3

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
33%

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 3

 
PERCY LLOYD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Investment property

Investment property is held at cost at the moment and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

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

 
2.7

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.

 
2.8

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees




The average monthly number of employees, including directors, during the period was 2 (2023 - 2).

Page 4

 
PERCY LLOYD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Fixtures and fittings

£



Cost 


Additions
967



At 31 March 2024

967



Depreciation


Charge for the period on owned assets
322



At 31 March 2024

322



Net book value



At 31 March 2024
645


5.


Fixed asset investments








Investments in subsidiary companies

£



Cost


Additions
100



At 31 March 2024
100




Page 5

 
PERCY LLOYD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Investment property





Long term leasehold investment property

£



Valuation


Additions at cost
832,640



At 31 March 2024
832,640









7.


Debtors

31 March
30 March
2024
2023
£
£


Called up share capital not paid
-
100

Prepayments and accrued income
634
-

634
100



8.


Cash and cash equivalents

31 March
30 March
2024
2023
£
£

Cash at bank and in hand
31,572
-


Page 6

 
PERCY LLOYD LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

9.


Creditors: Amounts falling due within one year

31 March
30 March
2024
2023
£
£

Amounts owed to group undertakings
100
-

Corporation tax
124
-

Other creditors
862,892
-

Accruals and deferred income
1,801
-

864,917
-



10.


Related party transactions

Included within other creditors at the year end is a balance of £862,892 owed to a director. The balance is interest free and repayable on demand.

 
Page 7