Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-30No description of principal activity2023-04-01false3835falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08360893 2023-04-01 2024-09-30 08360893 2022-04-01 2023-03-31 08360893 2024-09-30 08360893 2023-03-31 08360893 c:Director2 2023-04-01 2024-09-30 08360893 d:ComputerEquipment 2023-04-01 2024-09-30 08360893 d:ComputerEquipment 2024-09-30 08360893 d:ComputerEquipment 2023-03-31 08360893 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-09-30 08360893 d:OtherPropertyPlantEquipment 2023-04-01 2024-09-30 08360893 d:OtherPropertyPlantEquipment 2024-09-30 08360893 d:OtherPropertyPlantEquipment 2023-03-31 08360893 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-09-30 08360893 d:OwnedOrFreeholdAssets 2023-04-01 2024-09-30 08360893 d:CurrentFinancialInstruments 2024-09-30 08360893 d:CurrentFinancialInstruments 2023-03-31 08360893 d:Non-currentFinancialInstruments 2024-09-30 08360893 d:Non-currentFinancialInstruments 2023-03-31 08360893 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 08360893 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08360893 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 08360893 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08360893 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-09-30 08360893 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 08360893 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-09-30 08360893 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 08360893 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-09-30 08360893 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 08360893 d:ShareCapital 2024-09-30 08360893 d:ShareCapital 2023-03-31 08360893 d:SharePremium 2023-04-01 2024-09-30 08360893 d:SharePremium 2024-09-30 08360893 d:SharePremium 2023-03-31 08360893 d:CapitalRedemptionReserve 2023-04-01 2024-09-30 08360893 d:CapitalRedemptionReserve 2024-09-30 08360893 d:CapitalRedemptionReserve 2023-03-31 08360893 d:OtherMiscellaneousReserve 2023-04-01 2024-09-30 08360893 d:OtherMiscellaneousReserve 2024-09-30 08360893 d:OtherMiscellaneousReserve 2023-03-31 08360893 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-09-30 08360893 d:RetainedEarningsAccumulatedLosses 2024-09-30 08360893 d:RetainedEarningsAccumulatedLosses 2023-03-31 08360893 c:FRS102 2023-04-01 2024-09-30 08360893 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-09-30 08360893 c:FullAccounts 2023-04-01 2024-09-30 08360893 c:PrivateLimitedCompanyLtd 2023-04-01 2024-09-30 08360893 2 2023-04-01 2024-09-30 08360893 e:PoundSterling 2023-04-01 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 08360893










LEADERSHIP AND MANAGEMENT LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
LEADERSHIP AND MANAGEMENT LIMITED
REGISTERED NUMBER: 08360893

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

30 September
31 March
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
37,841
41,750

  
37,841
41,750

Current assets
  

Debtors: amounts falling due within one year
 5 
2,440,310
1,211,511

Cash at bank and in hand
 6 
886,499
2,032,842

  
3,326,809
3,244,353

Creditors: amounts falling due within one year
 7 
(1,592,991)
(1,999,542)

Net current assets
  
 
 
1,733,818
 
 
1,244,811

Total assets less current liabilities
  
1,771,659
1,286,561

Creditors: amounts falling due after more than one year
 8 
(143,389)
(211,965)

  

Net assets
  
1,628,270
1,074,596


Capital and reserves
  

Called up share capital 
  
134
124

Share premium account
 10 
170,917
153,236

Other reserves
 10 
13,333
13,333

Treasury shares reserve
 10 
(313,116)
(649,237)

Profit and loss account
 10 
1,757,002
1,557,140

  
1,628,270
1,074,596

Page 1

 
LEADERSHIP AND MANAGEMENT LIMITED
REGISTERED NUMBER: 08360893
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 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 period 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 on 30 June 2025.




J Houlder
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
LEADERSHIP AND MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

Leadership and Management Limited is a private company limited by shares incorporated in England and Wales. The Company registration number is 08360893. The registered office of the Company is 24/25 The Shard, 32 London Bridge Street, SE1 9SG.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
LEADERSHIP AND MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.3

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. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

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

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
LEADERSHIP AND MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.8

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.


 
2.9

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:

Computer equipment
-
33%
Other fixed assets
-
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.

 
2.10

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.

 
2.11

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.

 
2.12

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.

Page 5

 
LEADERSHIP AND MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


     Period ended
     30 September
       Year ended
        31 March
        2024
        2023
            No.
            No.







Employees
38
35


4.


Tangible fixed assets







Computer equipment
Other fixed assets
Total

£
£
£



Cost or valuation


At 1 April 2023
113,677
17,000
130,677


Additions
16,163
-
16,163



At 30 September 2024

129,840
17,000
146,840



Depreciation


At 1 April 2023
71,927
17,000
88,927


Charge for the period on owned assets
20,072
-
20,072



At 30 September 2024

91,999
17,000
108,999



Net book value



At 30 September 2024
37,841
-
37,841



At 31 March 2023
41,750
-
41,750
Page 6

 
LEADERSHIP AND MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

5.


Debtors

30 September
31 March
2024
2023
£
£


Trade debtors
1,803,158
1,018,958

Amounts owed by group undertakings
398,658
-

Other debtors
174,541
40,186

Prepayments and accrued income
63,953
152,367

2,440,310
1,211,511



6.


Cash and cash equivalents

30 September
31 March
2024
2023
£
£

Cash at bank and in hand
886,499
2,032,842

886,499
2,032,842



7.


Creditors: Amounts falling due within one year

30 September
31 March
2024
2023
£
£

Bank loans
46,000
46,000

Trade creditors
100,515
109,503

Corporation tax
110,000
74,275

Other taxation and social security
631,168
480,550

Other creditors
66,748
11,329

Accruals and deferred income
638,560
1,277,885

1,592,991
1,999,542


Page 7

 
LEADERSHIP AND MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

8.


Creditors: Amounts falling due after more than one year

30 September
31 March
2024
2023
£
£

Bank loans
143,389
211,965

143,389
211,965



9.


Loans


Analysis of the maturity of loans is given below:


30 September
31 March
2024
2023
£
£

Amounts falling due within one year

Bank loans
46,000
46,000

Amounts falling due 1-2 years

Bank loans
46,000
46,000

Amounts falling due 2-5 years

Bank loans
46,000
119,965

Amounts falling due after more than 5 years

Bank loans
51,389
46,000

189,389
257,965


Page 8

 
LEADERSHIP AND MANAGEMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

10.


Reserves

Share premium account

The Share premium account is non-distributable and represents the accumulated premium over nominal value on the issue of share capital.  Any transaction costs associated with the issuing of shares are deducted from share premium.

Treasury shares reserve

The Treasury shares reserve represents the cost of the purchase of treasury shares by the Company.

Other reserves

Other reserves represents capital contributions made by members without subscribing for share capital. 

Profit and loss account

The Profit and Loss Account represents the accumulation of retained profits, net of dividends, which are in the form of distributable reserves.


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £364,066 (2023 - £211,083). Contributions in respect of both the Company and those collected from employees totalling £55,419 (2023 - £27,639) were payable to the fund at the year end and are included within other creditors.


12.


Related party transactions

At the year end date there were amounts of £134,415 owed by the Directors. These amounts are interest-free.


13.


Controlling party

The Directors consider the ultimate controlling party to be D Whittingham.
 
Page 9