Company Registration No. 13182791 (England and Wales)
Lexden Property Services Limited
Unaudited accounts
for the year ended 28 February 2023
Lexden Property Services Limited
Unaudited accounts
Contents
Lexden Property Services Limited
Company Information
for the year ended 28 February 2023
Director
Temitayo Ogunyemi
Company Number
13182791 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
England
Accountants
Pearl Accountants Limited
Profile West, 950 Great West Road
Suite 2, Floor 1
Brentford
Middlesex
TW8 9ES
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Lexden Property Services Limited for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Lexden Property Services Limited for the year ended
28 February 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Pearl Accountants Limited
Chartered Accountants
Profile West, 950 Great West Road
Suite 2, Floor 1
Brentford
Middlesex
TW8 9ES
15 November 2023
Lexden Property Services Limited
Statement of financial position
as at 28 February 2023
Intangible assets
7,500
10,000
Cash at bank and in hand
20
768
Creditors: amounts falling due within one year
(25,972)
(23,385)
Net current assets/(liabilities)
56,298
(22,537)
Total assets less current liabilities
63,798
(12,537)
Creditors: amounts falling due after more than one year
(100,000)
-
Net liabilities
(36,202)
(12,537)
Called up share capital
100
100
Profit and loss account
(36,302)
(12,637)
Shareholders' funds
(36,202)
(12,537)
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 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 15 November 2023 and were signed on its behalf by
Temitayo Ogunyemi
Director
Company Registration No. 13182791
Lexden Property Services Limited
Notes to the Accounts
for the year ended 28 February 2023
Lexden Property Services Limited is a private company, limited by shares, registered in England and Wales, registration number 13182791. The registered office is 20-22 Wenlock Road, London, N1 7GU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
It is your duty to ensure that Lexden Property Services LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of the company.
You consider that Lexden Property Services LTD is exempt from the statutory audit requirement for the year. We draw your attention to note 2 to the financial statements. The company is reliant upon the continued financial support of its directors, shareholders and related parties. The financial statements do not include any adjustments that would result if the company were unable to continue as going concern.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 28 February 2023
12,500
At 28 February 2022
10,000
Lexden Property Services Limited
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Accrued income and prepayments
22,633
-
Amounts falling due after more than one year
Amounts due from group undertakings etc.
58,104
-
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
25,353
23,149
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
As at 28.02.2023, debtors included a balance of £58,104 owned by LEXDEN PROPERTY INVESTMENTS 1 LIMITED.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).