IRIS Accounts Production v23.3.1.45 11827074 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure118270742022-02-28118270742023-02-28118270742022-03-012023-02-28118270742021-02-28118270742021-03-012022-02-28118270742022-02-2811827074ns16:EnglandWales2022-03-012023-02-2811827074ns15:PoundSterling2022-03-012023-02-2811827074ns11:Director12022-03-012023-02-2811827074ns11:PrivateLimitedCompanyLtd2022-03-012023-02-2811827074ns11:SmallEntities2022-03-012023-02-2811827074ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-2811827074ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2811827074ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-2811827074ns11:FullAccounts2022-03-012023-02-2811827074ns11:Director22022-03-012023-02-2811827074ns11:RegisteredOffice2022-03-012023-02-2811827074ns6:CurrentFinancialInstruments2023-02-2811827074ns6:CurrentFinancialInstruments2022-02-2811827074ns6:Non-currentFinancialInstruments2023-02-2811827074ns6:Non-currentFinancialInstruments2022-02-2811827074ns6:ShareCapital2023-02-2811827074ns6:ShareCapital2022-02-2811827074ns6:RetainedEarningsAccumulatedLosses2023-02-2811827074ns6:RetainedEarningsAccumulatedLosses2022-02-2811827074ns6:PlantMachinery2022-02-2811827074ns6:PlantMachinery2022-03-012023-02-2811827074ns6:PlantMachinery2023-02-2811827074ns6:PlantMachinery2022-02-2811827074ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2023-02-2811827074ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2022-02-28
REGISTERED NUMBER: 11827074 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

LRD CAPITAL INVESTMENTS LIMITED

LRD CAPITAL INVESTMENTS LIMITED (REGISTERED NUMBER: 11827074)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LRD CAPITAL INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Mrs Rachel Donnelly
Mr Luke Michael Donnelly





REGISTERED OFFICE: 9 Kerry Street
Horsforth
Leeds
LS18 4AW





REGISTERED NUMBER: 11827074 (England and Wales)





ACCOUNTANTS: Syers McGill
9 Kerry Street
Horsforth
Leeds
West Yorkshire
LS18 4AW

LRD CAPITAL INVESTMENTS LIMITED (REGISTERED NUMBER: 11827074)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,209 2,564
Investment property 5 291,336 291,336
298,545 293,900

CURRENT ASSETS
Cash at bank 373,694 3,116

CREDITORS
Amounts falling due within one year 6 226,466 296,902
NET CURRENT ASSETS/(LIABILITIES) 147,228 (293,786 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,773

114

CREDITORS
Amounts falling due after more than one year 7 118,706 -
NET ASSETS 327,067 114

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 326,967 14
SHAREHOLDERS' FUNDS 327,067 114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

LRD CAPITAL INVESTMENTS LIMITED (REGISTERED NUMBER: 11827074)

BALANCE SHEET - continued
28 FEBRUARY 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 11 October 2023 and were signed on its behalf by:





Mr Luke Michael Donnelly - Director


LRD CAPITAL INVESTMENTS LIMITED (REGISTERED NUMBER: 11827074)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

LRD CAPITAL INVESTMENTS 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

LRD CAPITAL INVESTMENTS LIMITED (REGISTERED NUMBER: 11827074)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 3,944
Additions 7,508
At 28 February 2023 11,452
DEPRECIATION
At 1 March 2022 1,380
Charge for year 2,863
At 28 February 2023 4,243
NET BOOK VALUE
At 28 February 2023 7,209
At 28 February 2022 2,564

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 291,336
NET BOOK VALUE
At 28 February 2023 291,336
At 28 February 2022 291,336

LRD CAPITAL INVESTMENTS LIMITED (REGISTERED NUMBER: 11827074)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Tax 85,001 -
Directors' current accounts 136,134 296,392
Accruals and deferred income 4,781 -
Accrued expenses 550 510
226,466 296,902

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Other loans 118,706 -