Company Registration No. 13208757 (England and Wales)
L.G.T The Elms Ltd
Unaudited accounts
for the year ended 28 February 2023
L.G.T The Elms Ltd
Unaudited accounts
Contents
L.G.T The Elms Ltd
Company Information
for the year ended 28 February 2023
Company Number
13208757 (England and Wales)
Registered Office
Enterprise House
2 The Crest
London
NW4 2HN
ENGLAND
Accountants
Intertax Consulting Ltd
Enterprise House
1st Floor
2 The Crest
London
NW4 2HN
L.G.T The Elms Ltd
Statement of financial position
as at 28 February 2023
Called up share capital not paid
100
100
Investment property
304,642
219,795
Cash at bank and in hand
3,412
-
Creditors: amounts falling due within one year
(151,151)
(164,363)
Net current liabilities
(147,739)
(151,336)
Total assets less current liabilities
157,003
68,559
Creditors: amounts falling due after more than one year
(199,786)
(90,750)
Net liabilities
(42,783)
(22,191)
Called up share capital
100
100
Profit and loss account
(42,883)
(22,291)
Shareholders' funds
(42,783)
(22,191)
For the year ending 28 February 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 6 October 2023 and were signed on its behalf by
Chen Lev
Director
Company Registration No. 13208757
L.G.T The Elms Ltd
Notes to the Accounts
for the year ended 28 February 2023
L.G.T The Elms Ltd is a private company, limited by shares, registered in England and Wales, registration number 13208757. The registered office is Enterprise House, 2 The Crest, London, NW4 2HN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 March 2022
219,795
At 28 February 2023
304,642
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
150,131
163,343
7
Creditors: amounts falling due after more than one year
2023
2022
L.G.T The Elms Ltd
Notes to the Accounts
for the year ended 28 February 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).