Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-312023-08-0111falseHolding companyfalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09842518 2023-08-01 2024-07-31 09842518 2022-08-01 2023-07-31 09842518 2024-07-31 09842518 2023-07-31 09842518 c:Director1 2023-08-01 2024-07-31 09842518 d:Buildings 2023-08-01 2024-07-31 09842518 d:Buildings 2024-07-31 09842518 d:Buildings 2023-07-31 09842518 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 09842518 d:CurrentFinancialInstruments 2024-07-31 09842518 d:CurrentFinancialInstruments 2023-07-31 09842518 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 09842518 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09842518 d:ShareCapital 2024-07-31 09842518 d:ShareCapital 2023-07-31 09842518 d:RetainedEarningsAccumulatedLosses 2024-07-31 09842518 d:RetainedEarningsAccumulatedLosses 2023-07-31 09842518 c:FRS102 2023-08-01 2024-07-31 09842518 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09842518 c:FullAccounts 2023-08-01 2024-07-31 09842518 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09842518 2 2023-08-01 2024-07-31 09842518 6 2023-08-01 2024-07-31 09842518 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 09842518









LIGHTSIDE HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

 
LIGHTSIDE HOLDINGS LIMITED
REGISTERED NUMBER: 09842518

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,217,109
1,244,511

Investments
 5 
4,000,000
4,000,000

  
5,217,109
5,244,511

Current assets
  

Cash at bank and in hand
 6 
5,869,461
5,099,629

  
5,869,461
5,099,629

Creditors: amounts falling due within one year
 7 
(1,391,413)
(2,025,758)

Net current assets
  
 
 
4,478,048
 
 
3,073,871

Total assets less current liabilities
  
9,695,157
8,318,382

  

Net assets
  
9,695,157
8,318,382


Capital and reserves
  

Called up share capital 
  
1,200,000
1,200,000

Profit and loss account
  
8,495,157
7,118,382

  
9,695,157
8,318,382


Page 1

 
LIGHTSIDE HOLDINGS LIMITED
REGISTERED NUMBER: 09842518
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 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 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 by: 




J L Skibicki
Director

Date: 28 April 2025

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

Page 2

 
LIGHTSIDE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Lightside Holdings Limited ("the Company") provides the services of a head office. The Company is a private company limited by shares and incorporated in England and Wales. The address of 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 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

Interest income

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

 
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 balance sheet 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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line

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

 
LIGHTSIDE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

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.

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

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 the director, during the year was 1 (2023 - 1).

Page 4

 
LIGHTSIDE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 August 2023
1,370,104



At 31 July 2024

1,370,104



Depreciation


At 1 August 2023
125,593


Charge for the year on owned assets
27,402



At 31 July 2024

152,995



Net book value



At 31 July 2024
1,217,109



At 31 July 2023
1,244,511


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2023
4,000,000



At 31 July 2024
4,000,000





6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
5,869,461
5,099,629


Page 5

 
LIGHTSIDE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
638,439
1,275,812

Corporation tax
3,559
767

Other creditors
560,352
560,116

Accruals and deferred income
189,063
189,063

1,391,413
2,025,758


 
Page 6