Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-31 2024-12-31 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-15 1 true false No description of principal activity 15413582 2024-01-14 15413582 2024-01-15 2024-12-31 15413582 2023-01-15 2024-01-14 15413582 2024-12-31 15413582 c:Director1 2024-01-15 2024-12-31 15413582 d:CurrentFinancialInstruments 2024-12-31 15413582 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15413582 d:ShareCapital 2024-12-31 15413582 d:SharePremium 2024-12-31 15413582 d:RetainedEarningsAccumulatedLosses 2024-12-31 15413582 c:OrdinaryShareClass1 2024-01-15 2024-12-31 15413582 c:OrdinaryShareClass1 2024-12-31 15413582 c:FRS102 2024-01-15 2024-12-31 15413582 c:AuditExempt-NoAccountantsReport 2024-01-15 2024-12-31 15413582 c:FullAccounts 2024-01-15 2024-12-31 15413582 c:PrivateLimitedCompanyLtd 2024-01-15 2024-12-31 15413582 e:PoundSterling 2024-01-15 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 15413582 LM MGMT LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE PERIOD ENDED 31 DECEMBER 2024
LM MGMT LIMITED CONTENTS
| Page
Balance Sheet | 1
Notes to the Financial Statements | 2 - 4
LM MGMT LIMITED REGISTERED NUMBER: 15413582 BALANCE SHEET AS AT 31 DECEMBER 2024
|  | 2024
Note |  | £
Current assets |  |  |
Cash at bank and in hand | 4 | 162,022 |
|  | 162,022 |
Creditors: amounts falling due within one year | 5 | (9,200) |
Net current assets |  |  | 152,822
Total assets less current liabilities |  |  | 152,822
Net assets |  |  | 152,822
Capital and reserves |  |  |
Called up share capital | 6 |  | 132
Share premium account |  |  | 209,956
Profit and loss account |  |  | (57,266)
|  |  | 152,822
The director considers 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 director acknowledges his 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 comprehensive income 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 26 February 2026.
Joseph Daly
Director
The notes on pages 2 to 4 form part of these financial statements. Page 1
LM MGMT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
1. | General information
The company is a private company limited by share capital, incorporated in England & Wales. The address of its registered office is: 253 Gray's Inn Road London WC1X 8QT. 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The following principal accounting policies have been applied:
| 2.2 | Financial instruments
The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102. Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment Page 2
LM MGMT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 2.Accounting policies (continued)
| 2.2 | Financial instruments (continued)
can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial instruments Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.
| 2.3 | 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.
| 2.4 | 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 3
LM MGMT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024
3. | Employees
| The average monthly number of employees, including directors, during the period was 1.
4. | Cash and cash equivalents
|  |  |  |  | 2024
|  |  |  |  | £
| Cash at bank and in hand | 162,022
|  | 162,022
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2024
|  |  |  |  | £
| Other creditors | 6,800
| Accruals and deferred income | 2,400
|  | 9,200
6. | Share capital
|  |  |  |  | 2024
|  |  |  |  | £
|  | Allotted, called up and fully paid |
|  | 131,991 Ordinary shares of £0.001 each | 132
During the period, 131,991 Ordinary shares of £0.001 each were issued for a total consideration of £210,088. This was done to raise capital for the Company.
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