Lambert Roper & Horsfield Limited 04119910 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is that of providing accounting, taxation and audit services. Digita Accounts Production Advanced 6.30.9574.0 true 04119910 2023-11-01 2024-10-31 04119910 2024-10-31 04119910 core:CapitalRedemptionReserve 2024-10-31 04119910 core:RetainedEarningsAccumulatedLosses 2024-10-31 04119910 core:ShareCapital 2024-10-31 04119910 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 04119910 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 04119910 core:Goodwill 2024-10-31 04119910 core:FurnitureFittingsToolsEquipment 2024-10-31 04119910 core:OtherPropertyPlantEquipment 2024-10-31 04119910 bus:SmallEntities 2023-11-01 2024-10-31 04119910 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 04119910 bus:FilletedAccounts 2023-11-01 2024-10-31 04119910 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 04119910 bus:RegisteredOffice 2023-11-01 2024-10-31 04119910 bus:Director1 2023-11-01 2024-10-31 04119910 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04119910 core:Goodwill 2023-11-01 2024-10-31 04119910 core:ComputerEquipment 2023-11-01 2024-10-31 04119910 core:FurnitureFittings 2023-11-01 2024-10-31 04119910 core:FurnitureFittingsToolsEquipment 2023-11-01 2024-10-31 04119910 core:OtherPropertyPlantEquipment 2023-11-01 2024-10-31 04119910 countries:England 2023-11-01 2024-10-31 04119910 2023-10-31 04119910 core:Goodwill 2023-10-31 04119910 core:FurnitureFittingsToolsEquipment 2023-10-31 04119910 core:OtherPropertyPlantEquipment 2023-10-31 04119910 2022-11-01 2023-10-31 04119910 2023-10-31 04119910 core:CapitalRedemptionReserve 2023-10-31 04119910 core:RetainedEarningsAccumulatedLosses 2023-10-31 04119910 core:ShareCapital 2023-10-31 04119910 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 04119910 core:Non-currentFinancialInstruments core:AfterOneYear 2023-10-31 04119910 core:Goodwill 2023-10-31 04119910 core:FurnitureFittingsToolsEquipment 2023-10-31 04119910 core:OtherPropertyPlantEquipment 2023-10-31 iso4217:GBP xbrli:pure

Registration number: 04119910

Lambert Roper & Horsfield Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2024

 

Lambert Roper & Horsfield Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 8

 

Lambert Roper & Horsfield Limited

Balance Sheet

as at 31 October 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

94,597

189,208

Tangible assets

5

23,252

35,775

 

117,849

224,983

Current assets

 

Work in progress

8,502

15,288

Debtors

6

205,713

159,569

Cash at bank and in hand

 

214,552

198,478

 

428,767

373,335

Creditors: Amounts falling due within one year

7

(390,511)

(371,446)

Net current assets

 

38,256

1,889

Total assets less current liabilities

 

156,105

226,872

Creditors: Amounts falling due after more than one year

7

-

(36,560)

Provisions for liabilities

(5,505)

(8,568)

Net assets

 

150,600

181,744

Capital and reserves

 

Allotted, called up and fully paid share capital

72

72

Capital redemption reserve

36

36

Profit and loss account

150,492

181,636

Shareholders' funds

 

150,600

181,744

Registration number: 04119910

 

Lambert Roper & Horsfield Limited

Balance Sheet

as at 31 October 2024 (continued)

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 14 May 2025 and signed on its behalf by:
 

.........................................
Mr N I Frost
Director

 

Lambert Roper & Horsfield Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 October 2024

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 04119910.

The address of its registered office is:
First Floor
Rosemount House
Huddersfield Road
Elland
West Yorkshire
HX5 0EE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

In respect of contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not yet invoiced.

 

Lambert Roper & Horsfield Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 October 2024 (continued)

2

Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company.

Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

20% on cost

Computer equipment

20% on cost

Goodwill

Goodwill arising on business combinations is capitalised and classified as an asset on the Balance Sheet. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Over 10 years from 1 November 2015

Work in progress

Work in progress is an estimate of amounts due from customers for work done in the year that has not yet been invoiced.

 

Lambert Roper & Horsfield Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 October 2024 (continued)

2

Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year was 19 (2023 - 18).

 

Lambert Roper & Horsfield Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 October 2024 (continued)

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 November 2023

1,136,327

1,136,327

At 31 October 2024

1,136,327

1,136,327

Amortisation

At 1 November 2023

947,119

947,119

Amortisation charge

94,611

94,611

At 31 October 2024

1,041,730

1,041,730

Net book value:

At 31 October 2024

94,597

94,597

At 31 October 2023

189,208

189,208

 

Lambert Roper & Horsfield Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 October 2024 (continued)

5

Tangible assets

Fixtures, fittings and equipment
£

Computer equipment
£

Total
£

Cost

At 1 November 2023

49,647

82,716

132,363

Additions

-

2,702

2,702

Disposals

(10,856)

(1,697)

(12,553)

At 31 October 2024

38,791

83,721

122,512

Depreciation

At 1 November 2023

47,777

48,811

96,588

Charge for the year

493

14,732

15,225

Eliminated on disposal

(10,856)

(1,697)

(12,553)

At 31 October 2024

37,414

61,846

99,260

Net book value

At 31 October 2024

1,377

21,875

23,252

At 31 October 2023

1,870

33,905

35,775

6

Debtors

Current

2024
£

2023
£

Trade debtors

167,786

122,301

Prepayments

37,927

37,268

 

205,713

159,569

 

Lambert Roper & Horsfield Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 October 2024 (continued)

7

Creditors

2024
£

2023
£

Due within one year

Trade creditors

9,195

11,752

Taxation and social security

84,558

64,972

Hire purchase liabilities

-

8,188

Other creditors

39,153

35,717

Accruals and deferred income

18,622

10,848

Corporation tax

75,948

72,810

Directors' loan accounts

163,035

167,159

390,511

371,446

Due after one year

Directors' loan accounts

-

36,560

8

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £87,381 (2023 - £120,149). These financial commitments relate to non-cancellable operating leases and are payable over the remaining life of those leases.