Caseware UK (AP4) 2023.0.135 2023.0.135 2024-11-302024-11-302023-12-01falseNo description of principal activity33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02794611 2023-12-01 2024-11-30 02794611 2024-11-30 02794611 2022-12-01 2023-11-30 02794611 2023-11-30 02794611 c:Director1 2023-12-01 2024-11-30 02794611 d:OfficeEquipment 2023-12-01 2024-11-30 02794611 d:OfficeEquipment 2024-11-30 02794611 d:OfficeEquipment 2023-11-30 02794611 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 02794611 d:FreeholdInvestmentProperty 2024-11-30 02794611 d:FreeholdInvestmentProperty 2023-11-30 02794611 d:FreeholdInvestmentProperty 2 2023-12-01 2024-11-30 02794611 d:CurrentFinancialInstruments 2024-11-30 02794611 d:CurrentFinancialInstruments 2023-11-30 02794611 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 02794611 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 02794611 d:ShareCapital 2024-11-30 02794611 d:ShareCapital 2023-11-30 02794611 d:RetainedEarningsAccumulatedLosses 2024-11-30 02794611 d:RetainedEarningsAccumulatedLosses 2023-11-30 02794611 c:FRS102 2023-12-01 2024-11-30 02794611 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 02794611 c:FullAccounts 2023-12-01 2024-11-30 02794611 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 02794611 f:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company registration number: 02794611







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 NOVEMBER 2024


LYNDSELL HOUSE SECURITIES LIMITED






































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LYNDSELL HOUSE SECURITIES LIMITED
REGISTERED NUMBER:02794611



STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
290
580

Investment property
 5 
2,644,000
2,557,000

  
2,644,290
2,557,580

Current assets
  

Cash at bank and in hand
  
443,846
323,600

  
443,846
323,600

Creditors: amounts falling due within one year
 6 
(81,008)
(73,170)

Net current assets
  
 
 
362,838
 
 
250,430

Total assets less current liabilities
  
3,007,128
2,808,010

Provisions for liabilities
  

Deferred tax
  
(80,323)
(58,823)

  
 
 
(80,323)
 
 
(58,823)

Net assets
  
2,926,805
2,749,187


Capital and reserves
  

Called up share capital 
  
2,000
2,000

Profit and loss account
  
2,924,805
2,747,187

  
2,926,805
2,749,187


Page 1

 


LYNDSELL HOUSE SECURITIES LIMITED
REGISTERED NUMBER:02794611


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 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 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: 


................................................
C R Chatterji
Director

Date: 30 April 2025

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

Page 2

 


LYNDSELL HOUSE SECURITIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. 
Lyndsell House Securities Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is disclosed on the company information page. 

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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. 

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


Page 3

 


LYNDSELL HOUSE SECURITIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
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:

Equipment
-
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.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors 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.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 4

 


LYNDSELL HOUSE SECURITIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Plant and machinery etc.

£



Cost or valuation


At 1 December 2023
870



At 30 November 2024

870



Depreciation


At 1 December 2023
290


Charge for the year on owned assets
290



At 30 November 2024

580



Net book value



At 30 November 2024
290



At 30 November 2023
580


5.


Investment property


Freehold investment property

£



Valuation


At 1 December 2023
2,557,000


Surplus on revaluation
87,000



At 30 November 2024
2,644,000

The 2024 valuations were made by the director, on an open market value for existing use basis.




Page 5

 


LYNDSELL HOUSE SECURITIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
47,633
34,553

Other taxation and social security
8,104
8,226

Other creditors
22,296
27,496

Accruals and deferred income
2,975
2,895

81,008
73,170




 
Page 6