Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-11-01false00truetrue 04975869 2023-11-01 2024-10-31 04975869 2022-11-01 2023-10-31 04975869 2024-10-31 04975869 2023-10-31 04975869 2022-11-01 04975869 c:Director2 2023-11-01 2024-10-31 04975869 d:PlantMachinery 2023-11-01 2024-10-31 04975869 d:PlantMachinery 2024-10-31 04975869 d:PlantMachinery 2023-10-31 04975869 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04975869 d:MotorVehicles 2023-11-01 2024-10-31 04975869 d:MotorVehicles 2024-10-31 04975869 d:MotorVehicles 2023-10-31 04975869 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04975869 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04975869 d:FreeholdInvestmentProperty 2024-10-31 04975869 d:FreeholdInvestmentProperty 2023-10-31 04975869 d:CurrentFinancialInstruments 2024-10-31 04975869 d:CurrentFinancialInstruments 2023-10-31 04975869 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 04975869 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 04975869 d:ShareCapital 2024-10-31 04975869 d:ShareCapital 2023-10-31 04975869 d:RetainedEarningsAccumulatedLosses 2024-10-31 04975869 d:RetainedEarningsAccumulatedLosses 2023-10-31 04975869 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 04975869 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 04975869 c:OrdinaryShareClass1 2023-11-01 2024-10-31 04975869 c:OrdinaryShareClass1 2024-10-31 04975869 c:FRS102 2023-11-01 2024-10-31 04975869 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 04975869 c:FullAccounts 2023-11-01 2024-10-31 04975869 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04975869 2 2023-11-01 2024-10-31 04975869 6 2023-11-01 2024-10-31 04975869 e:PoundSterling 2023-11-01 2024-10-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04975869









J F LINDSAY HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
J F LINDSAY HOLDINGS LIMITED
REGISTERED NUMBER: 04975869

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
54,482
203,531

Investments
 5 
1,000
1,000

Investment property
 6 
255,660
255,660

  
311,142
460,191

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 7 
2,538,453
2,208,100

Cash at bank and in hand
  
479,132
697,975

  
3,017,585
2,906,075

Creditors: amounts falling due within one year
 8 
(43,833)
(143,307)

NET CURRENT ASSETS
  
 
 
2,973,752
 
 
2,762,768

TOTAL ASSETS LESS CURRENT LIABILITIES
  
3,284,894
3,222,959

PROVISIONS FOR LIABILITIES
  

Deferred tax
 9 
(13,154)
(50,386)

  
 
 
(13,154)
 
 
(50,386)

NET ASSETS
  
3,271,740
3,172,573


CAPITAL AND RESERVES
  

Called up share capital 
 10 
1,000
1,000

Profit and loss account
  
3,270,740
3,171,573

  
3,271,740
3,172,573


Page 1

 
J F LINDSAY HOLDINGS LIMITED
REGISTERED NUMBER: 04975869
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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: 




F A Lindsay
Director

Date: 22 April 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
J F LINDSAY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


GENERAL INFORMATION

J F Lindsay Holdings Limited is a private company limited by shares and incorporated in England and Wales. The Compnay's registered office is 16 Saxon Way Business Centre, Melbourn, Cambridgeshire, SQ8 6DN.
The Company's functional and presentational currency is GBP.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

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

TURNOVER

Turnover comprises revenue recognised by the Company in respect of plant hire charges during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised as the fair value of the consideration received or receivable and is recognised over the period to which the plant hire relates.

 
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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Page 3

 
J F LINDSAY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 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:

Plant and machinery
-
25%
straight line
Motor vehicles
-
25%
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.

 
2.4

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by the directors based on professional advice received 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.

 
2.5

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

DEBTORS

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

 
2.7

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. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

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.

 
2.9

DIVIDENDS

Equity dividends are reognised 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.

Page 4

 
J F LINDSAY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.10

LEASING AND HIRE PURCHASE

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.11

INTEREST INCOME

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

 
2.12

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 balance sheet 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 balance sheet 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 balance sheet date.



3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).




Page 5

 
J F LINDSAY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


TANGIBLE FIXED ASSETS





Plant and machinery
Motor vehicles
Total

£
£
£



COST


At 1 November 2023
546,226
556,121
1,102,347


Disposals
(97,952)
(162,229)
(260,181)



At 31 October 2024

448,274
393,892
842,166



DEPRECIATION


At 1 November 2023
491,587
407,229
898,816


Charge for the year
26,721
71,572
98,293


Disposals
(70,197)
(139,228)
(209,425)



At 31 October 2024

448,111
339,573
787,684



NET BOOK VALUE



At 31 October 2024
163
54,319
54,482



At 31 October 2023
54,639
148,892
203,531


5.


FIXED ASSET INVESTMENTS





Investments in subsidiary companies

£



COST


At 1 November 2023
1,000



At 31 October 2024
1,000




Page 6

 
J F LINDSAY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


INVESTMENT PROPERTY


Freehold investment property

£



VALUATION


At 1 November 2023
255,660



AT 31 OCTOBER 2024
255,660

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






7.


DEBTORS: AMOUNTS DUE WITHIN ONE YEAR

2024
2023
£
£


Amounts owed by group undertakings
140,976
464,167

Other debtors
2,394,093
1,740,581

Prepayments and accrued income
3,384
3,352

2,538,453
2,208,100



8.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
15,123
20,281

Corporation tax
8,481
91,003

Other taxation and social security
14,679
26,688

Accruals
5,550
5,335

43,833
143,307


Page 7

 
J F LINDSAY HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

9.


DEFERRED TAXATION




2024
2023


£

£






At beginning of year
50,386
131,911


Charged to profit or loss
(37,232)
(81,525)



AT END OF YEAR
13,154
50,386

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
13,154
50,386

13,154
50,386


10.


SHARE CAPITAL

2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1,000 Ordinary shares of £1 each
1,000
1,000


 
Page 8