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REGISTERED NUMBER: 08850483 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Lemniscate Lettings Limited

Lemniscate Lettings Limited (Registered number: 08850483)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Lemniscate Lettings Limited

Company Information
for the Year Ended 31 December 2022







DIRECTOR: H Gray





SECRETARY:





REGISTERED OFFICE: 53 Broughton Avenue
London
N3 3EN





REGISTERED NUMBER: 08850483 (England and Wales)





ACCOUNTANTS: Nielsens
Chartered Accountants
The Gatehouse
453 Cranbrook Road
Ilford
Essex
IG2 6EW

Lemniscate Lettings Limited (Registered number: 08850483)

Abridged Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,935 63,400

CURRENT ASSETS
Debtors 642,611 532,154
Cash at bank 51,195 8,995
693,806 541,149
CREDITORS
Amounts falling due within one year 351,590 286,663
NET CURRENT ASSETS 342,216 254,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

417,151

317,886

CREDITORS
Amounts falling due after more than one
year

22,739

30,432
NET ASSETS 394,412 287,454

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 394,402 287,444
SHAREHOLDERS' FUNDS 394,412 287,454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

Lemniscate Lettings Limited (Registered number: 08850483)

Abridged Balance Sheet - continued
31 December 2022


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 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 September 2023 and were signed by:





H Gray - Director


Lemniscate Lettings Limited (Registered number: 08850483)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Lemniscate Lettings 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures, fittings & equipment - 15% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Lemniscate Lettings Limited (Registered number: 08850483)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2022 120,107
Additions 26,899
At 31 December 2022 147,006
DEPRECIATION
At 1 January 2022 56,707
Charge for year 15,364
At 31 December 2022 72,071
NET BOOK VALUE
At 31 December 2022 74,935
At 31 December 2021 63,400

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2022 and 31 December 2021:

31.12.22 31.12.21
£    £   
H Gray
Balance outstanding at start of year 408,219 258,661
Amounts advanced 94,642 149,558
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 502,861 408,219

Directors' advances are unsecured repayable on demand and bear interest at 3% p.a. They are repayable by 30.09.2023.

6. RELATED PARTY DISCLOSURES

The ultimate controlling party is H Gray.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Lemniscate Lettings Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lemniscate Lettings Limited for the year ended 31 December 2022 which comprise the Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Lemniscate Lettings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lemniscate Lettings Limited and state those matters that we have agreed to state to the director of Lemniscate Lettings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lemniscate Lettings Limited and its director for our work or for this report.

It is your duty to ensure that Lemniscate Lettings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lemniscate Lettings Limited. You consider that Lemniscate Lettings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lemniscate Lettings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Nielsens
Chartered Accountants
The Gatehouse
453 Cranbrook Road
Ilford
Essex
IG2 6EW


30 September 2023