1 April 2022 false No description of principal activity Taxfiler 2023.9.1 08922016business:PrivateLimitedCompanyLtd2022-04-012023-03-31 089220162022-03-31 089220162022-04-012023-03-31 08922016business:AuditExemptWithAccountantsReport2022-04-012023-03-31 08922016business:FilletedAccounts2022-04-012023-03-31 089220162023-03-31 08922016business:Director12022-04-012023-03-31 08922016business:RegisteredOffice2022-04-012023-03-31 089220162022-03-31 08922016core:WithinOneYear2023-03-31 08922016core:WithinOneYear2022-03-31 08922016core:AfterOneYear2023-03-31 08922016core:AfterOneYear2022-03-31 08922016core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08922016core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 08922016core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08922016core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 08922016core:PreviouslyStatedAmount2023-03-31 08922016core:PreviouslyStatedAmount2022-03-31 08922016business:SmallEntities2022-04-012023-03-31 08922016countries:EnglandWales2022-04-012023-03-31 08922016core:AdditionsToInvestments2023-03-31 089220162021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08922016 (England and Wales)
Laxton Estate Limited Unaudited accounts for the year ended 31 March 2023
Laxton Estate Limited Unaudited accounts Contents
Page
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Laxton Estate Limited Company Information for the year ended 31 March 2023
Director
Balbinder Singh
Company Number
08922016 (England and Wales)
Registered Office
Signature House 65 Broadway Peterborough Cambridgeshire PE1 1SY England
Accountants
Griffin and Sage Limited 172 Park Road Peterborough PE1 2UF
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Laxton Estate Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
100 
- 
Current assets
Debtors
611,267 
600,535 
Cash at bank and in hand
859 
10,564 
612,126 
611,099 
Creditors: amounts falling due within one year
(180,920)
(181,080)
Net current assets
431,206 
430,019 
Total assets less current liabilities
431,306 
430,019 
Creditors: amounts falling due after more than one year
(473,712)
(473,712)
Net liabilities
(42,406)
(43,693)
Capital and reserves
Called up share capital
120 
120 
Profit and loss account
(42,526)
(43,813)
Shareholders' funds
(42,406)
(43,693)
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2023 and were signed on its behalf by
Balbinder Singh Director Company Registration No. 08922016
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Laxton Estate Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Laxton Estate Limited is a private company, limited by shares, registered in England and Wales, registration number 08922016. The registered office is Signature House, 65 Broadway, Peterborough, Cambridgeshire, PE1 1SY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2022
- 
Additions
100 
Valuation at 31 March 2023
100 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
160 
Amounts due from group undertakings etc.
600,275 
- 
Deferred tax asset
9,975 
Accrued income and prepayments
1,017 
- 
Other debtors
- 
600,375 
611,267 
600,535 
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Laxton Estate Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
960 
Taxes and social security
(49,465)
(49,465)
Loans from directors
228,785 
228,785 
Accruals
1,600 
800 
180,920 
181,080 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
473,712 
473,712 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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