LEBRE PROPERTIES LIMITED

Company Registration Number:
04463960 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

LEBRE PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LEBRE PROPERTIES LIMITED

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal activities of the company

The company's principal activity during the year continued to be investment in commercial property.



Directors

The directors shown below have held office during the whole of the period from
1 January 2022 to 31 December 2022

Charles Morelli
Brenda Morelli
Alistair Morelli


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 September 2023

And signed on behalf of the board by:
Name: Charles Morelli
Status: Director

LEBRE PROPERTIES LIMITED

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Administrative expenses: ( 397 ) ( 983 )
Other operating income: 29,500 25,000
Operating profit(or loss): 29,103 24,017
Interest payable and similar charges: ( 100 ) ( 83 )
Profit(or loss) before tax: 29,003 23,934
Tax: ( 5,510 ) ( 4,548 )
Profit(or loss) for the financial year: 23,493 19,386

LEBRE PROPERTIES LIMITED

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 310,350 310,350
Total fixed assets: 310,350 310,350
Current assets
Cash at bank and in hand: 95,282 70,826
Total current assets: 95,282 70,826
Creditors: amounts falling due within one year: 4 ( 5,894 ) ( 4,931 )
Net current assets (liabilities): 89,388 65,895
Total assets less current liabilities: 399,738 376,245
Total net assets (liabilities): 399,738 376,245
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 399,638 376,145
Total Shareholders' funds: 399,738 376,245

The notes form part of these financial statements

LEBRE PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 September 2023
and signed on behalf of the board by:

Name: Charles Morelli
Status: Director

The notes form part of these financial statements

LEBRE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    The Company’s investment property is accounted for at cost as a valuation cannot be obtained without undue cost. Fixtures and fittings are stated at cost less depreciation. Depreciation is provided as follows: Fixtures and fittings 25% reducing balance

    Other accounting policies

    Taxation Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Rental income Rental income from under operating leases is recognised on a straight-line basis over the lease term, even if the payments are not made on such a basis.

LEBRE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

LEBRE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 310,350 8,144 318,494
Additions
Disposals
Revaluations
Transfers
At 31 December 2022 310,350 8,144 318,494
Depreciation
At 1 January 2022 8,144 8,144
Charge for year
On disposals
Other adjustments
At 31 December 2022 8,144 8,144
Net book value
At 31 December 2022 310,350 0 310,350
At 31 December 2021 310,350 0 310,350

LEBRE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

2022 2021
£ £
Taxation and social security 5,510 4,547
Other creditors 384 384
Total 5,894 4,931