Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30true52023-07-01falseNo description of principal activity5trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11510569 2023-07-01 2024-06-30 11510569 2022-07-01 2023-06-30 11510569 2024-06-30 11510569 2023-06-30 11510569 c:Director1 2023-07-01 2024-06-30 11510569 d:FreeholdInvestmentProperty 2024-06-30 11510569 d:FreeholdInvestmentProperty 2023-06-30 11510569 d:CurrentFinancialInstruments 2024-06-30 11510569 d:CurrentFinancialInstruments 2023-06-30 11510569 d:Non-currentFinancialInstruments 2024-06-30 11510569 d:Non-currentFinancialInstruments 2023-06-30 11510569 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 11510569 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11510569 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 11510569 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 11510569 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 11510569 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 11510569 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 11510569 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 11510569 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-06-30 11510569 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-06-30 11510569 d:ShareCapital 2024-06-30 11510569 d:ShareCapital 2023-06-30 11510569 d:RetainedEarningsAccumulatedLosses 2024-06-30 11510569 d:RetainedEarningsAccumulatedLosses 2023-06-30 11510569 c:FRS102 2023-07-01 2024-06-30 11510569 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11510569 c:FullAccounts 2023-07-01 2024-06-30 11510569 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11510569 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 11510569









LEYTONSTONE HOUSE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

 
LEYTONSTONE HOUSE LIMITED
REGISTERED NUMBER: 11510569

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
1,314,021
1,314,021

Current assets
  

Debtors: amounts falling due within one year
 5 
18,622
18,876

Cash at bank and in hand
 6 
87,618
89,311

  
106,240
108,187

Creditors: amounts falling due within one year
 7 
(480,956)
(501,530)

Net current liabilities
  
 
 
(374,716)
 
 
(393,343)

Creditors: amounts falling due after more than one year
 8 
(802,479)
(813,525)

Net assets
  
136,826
107,153


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
135,826
106,153

  
136,826
107,153


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.

Page 1

 
LEYTONSTONE HOUSE LIMITED
REGISTERED NUMBER: 11510569
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 March 2025.




A May
Director

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

Page 2

 
LEYTONSTONE HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

Leytonstone House Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is Leytonstone House, 3 Hanbury Drive, Leytonstone, London, E11 1GA. 

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

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

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.

 
2.4

Borrowing costs

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

Page 3

 
LEYTONSTONE HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.5

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.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers 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.

 
2.7

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.

 
2.8

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

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.

 
2.10

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.

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.

Page 4

 
LEYTONSTONE HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

3.


Employees



The average monthly number of employees, including directors, during the year was 5 (2023 - 5).


4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2023
1,314,021



At 30 June 2024
1,314,021

The directors do not consider that the valuation differs from original cost.




Page 5

 
LEYTONSTONE HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Trade debtors
10,138
-

Other debtors
2,109
11,601

Prepayments and accrued income
6,375
7,275

18,622
18,876



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
87,618
89,311



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
23,359
33,895

Trade creditors
-
1,320

Corporation tax
4,519
7,787

Other taxation and social security
4,011
9,461

Other creditors
424,511
424,511

Accruals and deferred income
24,556
24,556

480,956
501,530



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
802,479
813,525


Bank loans of £825,383 (2023 - £847,420) are secured.

Page 6

 
LEYTONSTONE HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
23,359
33,895

Amounts falling due 1-2 years

Bank loans
25,338
35,189

Amounts falling due 2-5 years

Bank loans
89,636
113,836

Amounts falling due after more than 5 years

Bank loans
687,505
664,500

825,838
847,420


 
Page 7