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REGISTERED NUMBER: 10465473 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2021

for

Lacrosse Property & Legal Ltd

Lacrosse Property & Legal Ltd (Registered number: 10465473)

Contents of the Financial Statements
for the Year Ended 30 November 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lacrosse Property & Legal Ltd

Company Information
for the Year Ended 30 November 2021







DIRECTOR: O Valdez Torres





REGISTERED OFFICE: 52 Haven Lane
London
W5 2HN





REGISTERED NUMBER: 10465473 (England and Wales)






Lacrosse Property & Legal Ltd (Registered number: 10465473)

Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,038

CURRENT ASSETS
Debtors 5 - 12,752
Cash at bank 10,367 10,183
10,367 22,935
CREDITORS
Amounts falling due within one year 6 4,917 9,952
NET CURRENT ASSETS 5,450 12,983
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,450

14,021

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 5,350 13,921
SHAREHOLDERS' FUNDS 5,450 14,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

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

The financial statements were approved by the director and authorised for issue on 9 August 2022 and were signed by:



O Valdez Torres - Director


Lacrosse Property & Legal Ltd (Registered number: 10465473)

Notes to the Financial Statements
for the Year Ended 30 November 2021


1. STATUTORY INFORMATION

Lacrosse Property & Legal Ltd 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
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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.
The following principal accounting policies have been applied:

Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover 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 turnover is recognised:

Sale of goods
Turnover from the sale of goods is recognised when all of the following conditions are satisfied:

- the company has transferred the significant risks and rewards of ownership to the buyer;
- the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of turnover can be measured reliably;
- it is probable that the company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

Lacrosse Property & Legal Ltd (Registered number: 10465473)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2020 2,532
Disposals (2,532 )
At 30 November 2021 -
DEPRECIATION
At 1 December 2020 1,494
Charge for year 207
Charge written back (1,701 )
At 30 November 2021 -
NET BOOK VALUE
At 30 November 2021 -
At 30 November 2020 1,038

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade debtors - 10,002
Other debtors - 2,750
- 12,752

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Taxation and social security 3,159 4,874
Other creditors 1,758 5,078
4,917 9,952

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.11.21 30.11.20
value: £    £   
100 Ordinary £1 100 100

Lacrosse Property & Legal Ltd (Registered number: 10465473)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owes its Directors £257 (2020 : £3,578).

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is O Valdez Torres.

In the directors' opinion, Oscar Valdez is the ultimate controlling party by virtue of his shareholding in Lacrosse Property & Legal Ltd.