Lansdowne Woodward Holdings Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06267638 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2022 TO 31 MARCH 2023

FOR

LANSDOWNE WOODWARD HOLDINGS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N M Jordan

REGISTERED OFFICE:

Princes Court

Princes Road

Ferndown

Dorset

BH22 9JG

REGISTERED NUMBER:

06267638 (England and Wales)

ACCOUNTANTS:

Newton Magnus

Chartered Certified Accountants

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

FIXED ASSETS

Intangible assets

4

58,750

58,750

Investments

5

19,000

19,000

77,750

77,750

CURRENT ASSETS

Debtors

1,132

167

Cash at bank

569

5,268

1,701

5,435

CREDITORS

Amounts falling due within one year

(84

)

(74

)

NET CURRENT ASSETS

1,617

5,361

TOTAL ASSETS LESS CURRENT LIABILITIES

79,367

83,111

CAPITAL AND RESERVES

Called up share capital

72

72

Capital redemption reserve

(1

)

32

Retained earnings

79,296

83,007

SHAREHOLDERS' FUNDS

79,367

83,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 December 2023 and were signed by:

Mr N M Jordan - Director

1.	STATUTORY INFORMATION

Lansdowne Woodward Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents expenses re-charged to the subsidiary trading company during the year.

Goodwill

The directors have departed from Section 1A "Small entities" of Financial Reporting Standard 102 in that goodwill has not been depreciated in order to show a true and fair view. The value of the goodwill is calculated with regard to the trading subsidiary, Lansdowne Woodward Financial Services Limited. The goodwill has been valued by the directors at the balance sheet date at £240,000. No impairment in the value of stated goodwill has occurred. Had the goodwill been amortised over 10 years £5,875 would have been charged to the Profit and Loss Account.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2022

and 31 March 2023

58,750

NET BOOK VALUE

At 31 March 2023

58,750

At 31 July 2022

58,750

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 August 2022

and 31 March 2023

19,000

NET BOOK VALUE

At 31 March 2023

19,000

At 31 July 2022

19,000