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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
Page
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L.G.T The Elms Ltd Company Information for the year ended 28 February 2023
Director
Chen Lev
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
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L.G.T The Elms Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
100 
100 
Fixed assets
Investment property
304,642 
219,795 
Current assets
Debtors
- 
13,027 
Cash at bank and in hand
3,412 
- 
3,412 
13,027 
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)
Capital and reserves
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
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L.G.T The Elms Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
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.
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.
Investment property
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.
4
Investment property
2023 
£ 
Fair value at 1 March 2022
219,795 
Additions
84,847 
At 28 February 2023
304,642 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
13,027 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
150,131 
163,343 
Accruals
1,020 
1,020 
151,151 
164,363 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
199,786 
90,750 
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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).
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