Caseware UK (AP4) 2023.0.135 2023.0.135 2024-07-312024-07-312023-08-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2false2falsefalse 12782920 2023-08-01 2024-07-31 12782920 2022-08-01 2023-07-31 12782920 2024-07-31 12782920 2023-07-31 12782920 c:Director1 2023-08-01 2024-07-31 12782920 d:CurrentFinancialInstruments 2024-07-31 12782920 d:CurrentFinancialInstruments 2023-07-31 12782920 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 12782920 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 12782920 d:ShareCapital 2024-07-31 12782920 d:ShareCapital 2023-07-31 12782920 d:RetainedEarningsAccumulatedLosses 2024-07-31 12782920 d:RetainedEarningsAccumulatedLosses 2023-07-31 12782920 c:FRS102 2023-08-01 2024-07-31 12782920 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12782920 c:FullAccounts 2023-08-01 2024-07-31 12782920 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12782920 2 2023-08-01 2024-07-31 12782920 6 2023-08-01 2024-07-31 12782920 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 12782920










LND CAPITAL LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
LND CAPITAL LTD
REGISTERED NUMBER: 12782920

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
104
134

  
104
134

Current assets
  

Debtors: amounts falling due within one year
 5 
179,130
222,796

Cash at bank and in hand
  
58,382
4,835

  
237,512
227,631

Creditors: amounts falling due within one year
 6 
(208,364)
(206,754)

Net current assets
  
 
 
29,148
 
 
20,877

Total assets less current liabilities
  
29,252
21,011

  

Net assets
  
29,252
21,011


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
29,152
20,911

  
29,252
21,011


Page 1

 
LND CAPITAL LTD
REGISTERED NUMBER: 12782920
    
BALANCE SHEET (CONTINUED)
AS 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 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: 




L S Sarai
Director

Date: 29 April 2025

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

Page 2

 
LND CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

The company is a private company limited by shares, incorporated in England and Wales. The address of its registered office 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

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

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

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.

 
2.6

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.

Page 3

 
LND CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)

 
2.7

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.

 
2.8

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.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) 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 debtors due within the operating cycle fall into this category of financial instruments.

Basic financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is 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 creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments 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 creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors 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.

Page 4

 
LND CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)


Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

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


4.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

£
£
£



Cost


At 1 August 2023
100
34
134


Disposals
-
(30)
(30)



At 31 July 2024
100
4
104





5.


Debtors

2024
2023
£
£


Amounts owed by joint ventures and associated undertakings
179,130
179,130

Other debtors
-
43,666

179,130
222,796


Page 5

 
LND CAPITAL LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
1,640
-

Other creditors
206,724
206,754

208,364
206,754



7.


Related party transactions

Included within other creditors due within one year is £206,724 (2023: £206,724) due to a director. This is interest free and repayable on demand. 
Included within debtors is an amount due from a subsidiary of £179,130 (2023: £179,130). This amount is interest free and there are no payment terms.

 
Page 6