Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31false2023-11-01psychiatric services.11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12953272 2023-11-01 2024-10-31 12953272 2022-11-01 2023-10-31 12953272 2024-10-31 12953272 2023-10-31 12953272 c:Director1 2023-11-01 2024-10-31 12953272 d:OfficeEquipment 2023-11-01 2024-10-31 12953272 d:OfficeEquipment 2024-10-31 12953272 d:OfficeEquipment 2023-10-31 12953272 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 12953272 d:CurrentFinancialInstruments 2024-10-31 12953272 d:CurrentFinancialInstruments 2023-10-31 12953272 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 12953272 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12953272 d:ShareCapital 2024-10-31 12953272 d:ShareCapital 2023-10-31 12953272 d:RetainedEarningsAccumulatedLosses 2024-10-31 12953272 d:RetainedEarningsAccumulatedLosses 2023-10-31 12953272 c:OrdinaryShareClass1 2023-11-01 2024-10-31 12953272 c:OrdinaryShareClass1 2024-10-31 12953272 c:OrdinaryShareClass1 2023-10-31 12953272 c:OrdinaryShareClass2 2023-11-01 2024-10-31 12953272 c:OrdinaryShareClass2 2024-10-31 12953272 c:OrdinaryShareClass2 2023-10-31 12953272 c:OrdinaryShareClass3 2023-11-01 2024-10-31 12953272 c:OrdinaryShareClass3 2024-10-31 12953272 c:OrdinaryShareClass3 2023-10-31 12953272 c:FRS102 2023-11-01 2024-10-31 12953272 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12953272 c:FullAccounts 2023-11-01 2024-10-31 12953272 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12953272 2 2023-11-01 2024-10-31 12953272 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 12953272














LQD LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

 
LQD LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 5


 
LQD LIMITED
REGISTERED NUMBER:12953272

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
498
1,395

  
498
1,395

Current assets
  

Debtors: amounts falling due within one year
 5 
44,942
71,374

Cash at bank and in hand
  
141,265
197,916

  
186,207
269,290

Creditors: amounts falling due within one year
 6 
(33,107)
(39,562)

Net current assets
  
 
 
153,100
 
 
229,728

Total assets less current liabilities
  
153,598
231,123

  

Net assets
  
153,598
231,123


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
153,498
231,023

  
153,598
231,123


Page 1

 
LQD LIMITED
REGISTERED NUMBER:12953272
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 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 year 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 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 13 April 2025.




A Cleare
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
LQD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

LQD Limited is a limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, WD6 1JD.

The principal activity of the company is the provision of psychiatric services.

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

Turnover comprises revenue recognised by the compay in respect of amounts invoiced during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Interest income

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

 
2.4

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.


 
2.5

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 provided on the following basis:

Office equipment
-
33%
straight line

 
2.6

Debtors

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

Page 3

 
LQD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.8

Creditors

Short term creditors are measured at the transaction price.

 
2.9

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 1 (2023 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 November 2023
2,970



At 31 October 2024

2,970



Depreciation


At 1 November 2023
1,575


Charge for the year on owned assets
897



At 31 October 2024

2,472



Net book value



At 31 October 2024
498



At 31 October 2023
1,395

Page 4

 
LQD LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
42,881
69,383

Prepayments and accrued income
2,061
1,991

44,942
71,374



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
21,497
28,317

Other creditors
8,235
8,045

Accruals and deferred income
3,375
3,200

33,107
39,562



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



90 (2023 - 90) Ordinary A shares of £1 each
90
90
5 (2023 - 5) Ordinary B shares of £1 each
5
5
5 (2023 - 5) Ordinary C shares of £1 each
5
5

100

100


 
Page 5