Caseware UK (AP4) 2024.0.164 2024.0.164 2024-08-312024-08-312025-05-1632023-09-01falseNo description of principal activity4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04179528 2023-09-01 2024-08-31 04179528 2022-09-01 2023-08-31 04179528 2024-08-31 04179528 2023-08-31 04179528 c:Director2 2023-09-01 2024-08-31 04179528 d:FurnitureFittings 2023-09-01 2024-08-31 04179528 d:FurnitureFittings 2024-08-31 04179528 d:FurnitureFittings 2023-08-31 04179528 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04179528 d:CurrentFinancialInstruments 2024-08-31 04179528 d:CurrentFinancialInstruments 2023-08-31 04179528 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 04179528 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 04179528 d:ShareCapital 2024-08-31 04179528 d:ShareCapital 2023-08-31 04179528 d:RetainedEarningsAccumulatedLosses 2024-08-31 04179528 d:RetainedEarningsAccumulatedLosses 2023-08-31 04179528 c:FRS102 2023-09-01 2024-08-31 04179528 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04179528 c:FullAccounts 2023-09-01 2024-08-31 04179528 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04179528 6 2023-09-01 2024-08-31 04179528 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 04179528









LANGHAM TRADING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
LANGHAM TRADING LIMITED
REGISTERED NUMBER: 04179528

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
3
4

Investments
 6 
2,559,037
1,920,517

  
2,559,040
1,920,521

Current assets
  

Cash at bank and in hand
 7 
300,745
597,263

  
300,745
597,263

Creditors: amounts falling due within one year
 8 
(514,886)
(651,145)

Net current liabilities
  
 
 
(214,141)
 
 
(53,882)

Total assets less current liabilities
  
2,344,899
1,866,639

  

Net assets
  
2,344,899
1,866,639


Capital and reserves
  

Called up share capital 
  
1,001,000
1,001,000

Profit and loss account
  
1,343,899
865,639

  
2,344,899
1,866,639


Page 1

 
LANGHAM TRADING LIMITED
REGISTERED NUMBER: 04179528
    
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 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: 




M Nathan
Director

Date: 16 May 2025

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

Page 2

 
LANGHAM TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Langham Trading Limited is a company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 16 Cliveden Place, Belgravia, London, SW1W
8LA.
The company's principal activity is that of trading in investments. 
The financial statements are presented in sterling which is the functional currency of the company and
rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.

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

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.


 
2.3

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.

Page 3

 
LANGHAM TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

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:

Fixtures and fittings
-
25%

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.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.


3.


Operating income

2024
2023
£
£

Other operating income
6,051
-

(Loss)/Profit on disposal of listed investments - realised
344
(47,541)

Decrease/(Increase) in impairment on listed investments - unrealised
355,354
(58,776)

(Increase)/Decrease
361,749
(106,317)



4.


Employees

2024
2023
£
£

Wages and salaries
2,910
2,850

2,910
2,850


The average monthly number of employees, including directors, during the year was 4 (2023 - 3).

Page 4

 
LANGHAM TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 September 2023
1,711



At 31 August 2024

1,711



Depreciation


At 1 September 2023
1,707


Charge for the year on owned assets
1



At 31 August 2024

1,708



Net book value



At 31 August 2024
3


6.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 September 2023
1,920,517


Additions
411,263


Disposals
(128,097)


Revaluations
355,354



At 31 August 2024
2,559,037




Page 5

 
LANGHAM TRADING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
300,745
597,263

300,745
597,263



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
2,465
-

Other creditors
510,001
648,945

Accruals and deferred income
2,420
2,200

514,886
651,145


 
Page 6