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REGISTERED NUMBER: 09829236 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Lime Property (Hull) Limited

Lime Property (Hull) Limited (Registered number: 09829236)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Lime Property (Hull) Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: Mr S S Humphreys





REGISTERED OFFICE: The Pod
St Andrews Quay
Hull
East Yorkshire
HU3 4SA





REGISTERED NUMBER: 09829236 (England and Wales)





ACCOUNTANTS: Power Accounting Solutions Limited
1 The Old Foundry
Cowgate
Welton
East Yorkshire
HU15 1NB

Lime Property (Hull) Limited (Registered number: 09829236)

Abridged Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 515,815 599,853
Tangible assets 5 13,632 13,171
529,447 613,024

CURRENT ASSETS
Debtors 73,075 53,066
Cash at bank 175,458 332,761
248,533 385,827
CREDITORS
Amounts falling due within one year 321,728 355,978
NET CURRENT (LIABILITIES)/ASSETS (73,195 ) 29,849
TOTAL ASSETS LESS CURRENT
LIABILITIES

456,252

642,873

CREDITORS
Amounts falling due after more than
one year

6

285,830

572,351
NET ASSETS 170,422 70,522

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 170,322 70,422
SHAREHOLDERS' FUNDS 170,422 70,522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Lime Property (Hull) Limited (Registered number: 09829236)

Abridged Balance Sheet - continued
31 December 2021


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 Balance Sheet for the year ended 31 December 2021 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 3 August 2022 and were signed by:





Mr S S Humphreys - Director


Lime Property (Hull) Limited (Registered number: 09829236)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Lime Property (Hull) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year 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.


Lime Property (Hull) Limited (Registered number: 09829236)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued
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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2020 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 744,125
Additions 67,046
At 31 December 2021 811,171
AMORTISATION
At 1 January 2021 144,272
Amortisation for year 151,084
At 31 December 2021 295,356
NET BOOK VALUE

At 31 December 2021 515,815
At 31 December 2020 599,853

Lime Property (Hull) Limited (Registered number: 09829236)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021 15,219
Additions 6,993
At 31 December 2021 22,212
DEPRECIATION
At 1 January 2021 2,048
Charge for year 6,532
At 31 December 2021 8,580
NET BOOK VALUE
At 31 December 2021 13,632
At 31 December 2020 13,171

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS
2021 2020
£    £   
Repayable otherwise than by instalments
Other loans more 5yrs non-inst 61,954 306,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
100 Ordinary £1 100 100

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S S Humphreys.