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REGISTERED NUMBER: 13152650 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

L & A Ards Ltd

L & A Ards Ltd (Registered number: 13152650)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

L & A Ards Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mrs A Cryan
L Cryan





SECRETARY:





REGISTERED OFFICE: 22, The Crescent
Wembley
Middlesex
HA0 3JT





REGISTERED NUMBER: 13152650 (England and Wales)





ACCOUNTANTS: Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN

L & A Ards Ltd (Registered number: 13152650)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 522,968 258,500

CURRENT ASSETS
Cash at bank 20,720 23,464

CREDITORS
Amounts falling due within one year 5 3,546 2,308
NET CURRENT ASSETS 17,174 21,156
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,142

279,656

CREDITORS
Amounts falling due after more than one
year

6

(507,786

)

(257,557

)

PROVISIONS FOR LIABILITIES (2,961 ) (2,961 )
NET ASSETS 29,395 19,138

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 7 15,583 15,583
Retained earnings 13,810 3,553
SHAREHOLDERS' FUNDS 29,395 19,138

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

L & A Ards Ltd (Registered number: 13152650)

Balance Sheet - continued
31 January 2023


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 Board of Directors and authorised for issue on 15 August 2023 and were signed on its behalf by:




Mrs A Cryan - Director



L Cryan - Director


L & A Ards Ltd (Registered number: 13152650)

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

1. STATUTORY INFORMATION

L & A Ards Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022 258,500
Additions 264,468
At 31 January 2023 522,968
NET BOOK VALUE
At 31 January 2023 522,968
At 31 January 2022 258,500

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2022 258,500
Valuation in 2023 264,468
522,968

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Taxation and social security 2,406 1,528
Other creditors 1,140 780
3,546 2,308

L & A Ards Ltd (Registered number: 13152650)

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

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 150,000 -
Other creditors 357,786 257,557
507,786 257,557

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 150,000 -

7. RESERVES
Revaluation
reserve
£   
At 1 February 2022
and 31 January 2023 15,583

L & A Ards Ltd

Report of the Accountants to the Directors of
L & A Ards Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN


15 August 2023