Registered number: 14415505 | ||||||||
FOR THE 171 DAY PERIOD ENDED 31/03/2023 | ||||||||
Prepared By: | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
LAPAL PROPERTY GROUP LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE 171 DAY PERIOD ENDED 31/03/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
WEST MIDLANDS | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 14415505 | ||||||||
ACCOUNTANTS | ||||||||
JAN G GROMADZKI | ||||||||
CHARTERED ACCOUNTANT | ||||||||
13 WOLVERHAMPTON ROAD | ||||||||
CODSALL | ||||||||
WOLVERHAMPTON | ||||||||
WEST MIDLANDS | ||||||||
WV8 1PT |
LAPAL PROPERTY GROUP LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE171 DAY PERIODENDED31/03/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
LAPAL PROPERTY GROUP LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | ||||||||||
Notes | £ | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
2,090 | ||||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | (904) | |||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
LAPAL PROPERTY GROUP LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE 171 DAY PERIOD ENDED 31/03/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting FRS 1021 a | ||||||||
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. |
1b. Going Concern | ||||||||
The company is in a net current liability position of £ 903 as at 31 March 2023. However the director has given assurances to the company that he will not draw on at least £ 1,000 of the director's loan account. On this basis the company is considered a going concern and the director is of the opinion that the company will be able to pay it's debts as they fall due for at least twelve months from the date that the balance sheet was signed. |
2. EMPLOYEES | ||||||||
2023 | ||||||||
No. | No. | |||||||
Average number of employees | ||||||||
Key management personnel is restricted to that of the director. | ||||||||
3. DEBTORS | 2023 | |||||||
£ | ||||||||
Amounts falling due within one year | ||||||||
Prepayments | 1,995 | |||||||
1,995 | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | ||||||||
£ | ||||||||
Directors current account | 2,633 | |||||||
Accruals | 360 | |||||||
2,993 | ||||||||
LAPAL PROPERTY GROUP LTD | ||||||||
5. SHARE CAPITAL | 2023 | |||||||
£ | ||||||||
Allotted, issued and fully paid: | ||||||||
1 | ||||||||
1 | ||||||||
New shares issued during period: | ||||||||
1 | 1 | |||||||
1 | ||||||||
On incorporation of the company one ordinary share of £ 1 was issued at par for cash. |
6. CONTROLLING PARTY | ||||||||
The company is wholly owned by the director Mr J R Wells | ||||||||
7. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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8. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY | ||||||||
The company was formed to operate within the residential property letting sector. | ||||||||
The company was incorporated on 12 October 2022 and commenced trade on the same day. | ||||||||
9. GENERAL INFORMATION | ||||||||
Lapal Property Group Ltd is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT. | ||||||||
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company. | ||||||||