LAB Residential Limited 13213787 true 2021-02-19 2022-02-28 2022-02-28 The principal activity of the company is Letting of property Digita Accounts Production Advanced 6.30.9574.0 true L C Barney Mrs A J Barney 13213787 2021-02-19 2022-02-28 13213787 2022-02-28 13213787 bus:OrdinaryShareClass1 2022-02-28 13213787 core:ShareCapital 2022-02-28 13213787 core:CurrentFinancialInstruments 2022-02-28 13213787 bus:FRS102 2021-02-19 2022-02-28 13213787 bus:AuditExempt-NoAccountantsReport 2021-02-19 2022-02-28 13213787 bus:FullAccounts 2021-02-19 2022-02-28 13213787 bus:RegisteredOffice 2021-02-19 2022-02-28 13213787 bus:Director1 2021-02-19 2022-02-28 13213787 bus:Director2 2021-02-19 2022-02-28 13213787 bus:OrdinaryShareClass1 2021-02-19 2022-02-28 13213787 bus:EntityHasNeverTraded 2021-02-19 2022-02-28 13213787 bus:PrivateLimitedCompanyLtd 2021-02-19 2022-02-28 13213787 countries:AllCountries 2021-02-19 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13213787

LAB Residential Limited

Annual Report and Unaudited Financial Statements

for the Period from 19 February 2021 to 28 February 2022

 

LAB Residential Limited

Profit and Loss Account for the Period from 19 February 2021 to 28 February 2022

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

LAB Residential Limited

(Registration number: 13213787)
Balance Sheet as at 28 February 2022

Note

2022
£

Current assets

 

Debtors

3

2

Capital and reserves

 

Called up share capital

4

2

Shareholders' funds

 

2

For the financial period ending 28 February 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period 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.

Approved and authorised by the Board on 8 September 2022 and signed on its behalf by:
 

.........................................
L C Barney
Director

 

LAB Residential Limited

Notes to the Unaudited Financial Statements for the Period from 19 February 2021 to 28 February 2022

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Avonlea
Bush Lane
Send
Surrey
GU23 7HP

These financial statements were authorised for issue by the Board on 8 September 2022.

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).The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

LAB Residential Limited

Notes to the Unaudited Financial Statements for the Period from 19 February 2021 to 28 February 2022

3

Debtors

Current

2022
£

Other debtors

2

4

Share capital

Allotted, called up and fully paid shares

 

2022

 

No.

£

Ordinary shares of £1 each

2

2