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Company Registration No. 08362293 (England and Wales)
LONDON FLATS LIMITED Unaudited accounts for the year ended 31 January 2023
LONDON FLATS LIMITED Unaudited accounts Contents
Page
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LONDON FLATS LIMITED Company Information for the year ended 31 January 2023
Director
Mrs Kemi Sekinat Madumere
Company Number
08362293 (England and Wales)
Registered Office
83 -87 Crawford Street London W1H 2HB United Kingdom
Accountants
Accountingpreneur Limited Second Floor 26 Goodge Street Fitzrovia London W1T 2QG
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LONDON FLATS LIMITED Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
315,862 
315,862 
Cash at bank and in hand
1,883 
1,974 
317,745 
317,836 
Creditors: amounts falling due within one year
(130,524)
(112,749)
Net current assets
187,221 
205,087 
Total assets less current liabilities
187,221 
205,087 
Creditors: amounts falling due after more than one year
(167,484)
(187,883)
Net assets
19,737 
17,204 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
19,637 
17,104 
Shareholders' funds
19,737 
17,204 
For the year ending 31 January 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 her 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 21 November 2023 and were signed on its behalf by
Mrs Kemi Sekinat Madumere Director Company Registration No. 08362293
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LONDON FLATS LIMITED Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
LONDON FLATS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08362293. The registered office is 83 -87, Crawford Street, London, W1H 2HB, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 February 2022
371 
At 31 January 2023
371 
Depreciation
At 1 February 2022
371 
At 31 January 2023
371 
Net book value
At 31 January 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
22,657 
22,657 
Other debtors
293,205 
293,205 
315,862 
315,862 
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LONDON FLATS LIMITED Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
7,843 
7,843 
Other creditors
79,866 
63,291 
Loans from directors
38,524 
38,524 
Accruals
4,291 
3,091 
130,524 
112,749 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
40,806 
50,000 
Other creditors
126,678 
137,883 
167,484 
187,883 
8
Loans to directors
During the year, a balance of £38,524 (2022: £38,524) was owed to the directors at the year end.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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