IRIS Accounts Production v23.3.0.418 07538735 director 1.4.22 31.3.23 31.3.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075387352022-03-31075387352023-03-31075387352022-04-012023-03-31075387352021-03-31075387352021-04-012022-03-31075387352022-03-3107538735ns10:Originalns15:EnglandWales2022-04-012023-03-3107538735ns14:PoundSterlingns10:Original2022-04-012023-03-3107538735ns10:Originalns10:Director12022-04-012023-03-3107538735ns10:Original2022-04-012023-03-3107538735ns10:Original2023-03-3107538735ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3107538735ns10:Originalns10:SmallEntities2022-04-012023-03-3107538735ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3107538735ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107538735ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3107538735ns10:Originalns10:FullAccounts2022-04-012023-03-3107538735ns10:Originalns10:RegisteredOffice2022-04-012023-03-3107538735ns10:Original2022-03-3107538735ns10:Originalns5:CurrentFinancialInstruments2023-03-3107538735ns10:Originalns5:CurrentFinancialInstruments2022-03-3107538735ns5:ShareCapitalns10:Original2023-03-3107538735ns5:ShareCapitalns10:Original2022-03-3107538735ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3107538735ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3107538735ns10:Originalns5:ComputerEquipment2022-04-012023-03-3107538735ns10:Original2021-04-012022-03-3107538735ns10:Originalns5:MotorVehicles2022-03-3107538735ns10:Originalns5:ComputerEquipment2022-03-3107538735ns10:Original2022-03-3107538735ns10:Originalns5:MotorVehicles2022-04-012023-03-3107538735ns10:Originalns5:MotorVehicles2023-03-3107538735ns10:Originalns5:ComputerEquipment2023-03-3107538735ns10:Originalns5:MotorVehicles2022-03-3107538735ns10:Originalns5:ComputerEquipment2022-03-3107538735ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107538735ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 07538735 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

DR M A LUCAS LIMITED

DR M A LUCAS LIMITED (REGISTERED NUMBER: 07538735)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DR M A LUCAS LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Dr M A Lucas





REGISTERED OFFICE: Charwell House
Wilsom Road
Alton
Hampshire
GU34 2PP





REGISTERED NUMBER: 07538735 (England and Wales)





ACCOUNTANTS: B20 Limited
Chartered Certified Accountants
Charwell House
Wilsom Road
Alton
Hampshire
GU34 2PP

DR M A LUCAS LIMITED (REGISTERED NUMBER: 07538735)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 45,095 2,138
Investment property 5 692,308 692,308
737,403 694,446

CURRENT ASSETS
Debtors 6 2,797 2,153
Cash at bank 28,209 21,783
31,006 23,936
CREDITORS
Amounts falling due within one year 7 (228,790 ) (183,687 )
NET CURRENT LIABILITIES (197,784 ) (159,751 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

539,619

534,695

CAPITAL AND RESERVES
Called up share capital 1,003 1,003
Retained earnings 538,616 533,692
SHAREHOLDERS' FUNDS 539,619 534,695

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 November 2023 and were signed by:



Dr M A Lucas - Director


DR M A LUCAS LIMITED (REGISTERED NUMBER: 07538735)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

DR M A LUCAS 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investment property
Investment Property is disclosed at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

DR M A LUCAS LIMITED (REGISTERED NUMBER: 07538735)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 - 8,922 8,922
Additions 57,990 - 57,990
At 31 March 2023 57,990 8,922 66,912
DEPRECIATION
At 1 April 2022 - 6,784 6,784
Charge for year 14,498 535 15,033
At 31 March 2023 14,498 7,319 21,817
NET BOOK VALUE
At 31 March 2023 43,492 1,603 45,095
At 31 March 2022 - 2,138 2,138

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 692,308
NET BOOK VALUE
At 31 March 2023 692,308
At 31 March 2022 692,308

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 2,797 2,153

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 156 31
Taxation and social security - 3,957
Other creditors 228,634 179,699
228,790 183,687

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dr M A Lucas.