IRIS Accounts Production v23.3.1.45 09042680 Board of Directors Board of Directors 1.6.22 31.5.23 31.5.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090426802022-05-31090426802023-05-31090426802022-06-012023-05-31090426802021-05-31090426802021-06-012022-05-31090426802022-05-3109042680ns10:Originalns15:EnglandWales2022-06-012023-05-3109042680ns14:PoundSterlingns10:Original2022-06-012023-05-3109042680ns10:Originalns10:Director12022-06-012023-05-3109042680ns10:Original2022-06-012023-05-3109042680ns10:Originalns10:Director22022-06-012023-05-3109042680ns10:Original2023-05-3109042680ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3109042680ns10:Originalns10:SmallEntities2022-06-012023-05-3109042680ns10:Originalns10:AuditExemptWithAccountantsReport2022-06-012023-05-3109042680ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3109042680ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3109042680ns10:Originalns10:FullAccounts2022-06-012023-05-3109042680ns10:Original2021-06-012022-05-3109042680ns10:Originalns10:RegisteredOffice2022-06-012023-05-3109042680ns10:Original2022-05-3109042680ns10:Originalns5:CurrentFinancialInstruments2023-05-3109042680ns10:Originalns5:CurrentFinancialInstruments2022-05-3109042680ns10:Originalns5:Non-currentFinancialInstruments2023-05-3109042680ns10:Originalns5:Non-currentFinancialInstruments2022-05-3109042680ns5:ShareCapitalns10:Original2023-05-3109042680ns5:ShareCapitalns10:Original2022-05-3109042680ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3109042680ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3109042680ns10:Original2022-05-31
REGISTERED NUMBER: 09042680 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

LETTERBOX LONDON PROPERTIES LIMITED

LETTERBOX LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 09042680)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

LETTERBOX LONDON PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: P A Farr
K J Parkinson





REGISTERED OFFICE: 248 Church Lane
Kingsbury
London
NW9 8SL





REGISTERED NUMBER: 09042680 (England and Wales)





ACCOUNTANTS: Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL

LETTERBOX LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 09042680)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 773,104 517,283

CURRENT ASSETS
Cash at bank 715 1,455

CREDITORS
Amounts falling due within one year 5 231,369 150,025
NET CURRENT LIABILITIES (230,654 ) (148,570 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

542,450

368,713

CREDITORS
Amounts falling due after more than one
year

6

453,643

295,097
NET ASSETS 88,807 73,616

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 88,707 73,516
SHAREHOLDERS' FUNDS 88,807 73,616

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

LETTERBOX LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 09042680)

BALANCE SHEET - continued
31 MAY 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 February 2024 and were signed on its behalf by:




P A Farr - Director



K J Parkinson - Director


LETTERBOX LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 09042680)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Letterbox London Properties 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.

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 June 2022 517,283
Additions 255,821
At 31 May 2023 773,104
NET BOOK VALUE
At 31 May 2023 773,104
At 31 May 2022 517,283

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 234 -
Taxation and social security 1,617 183
Other creditors 229,518 149,842
231,369 150,025

LETTERBOX LONDON PROPERTIES LIMITED (REGISTERED NUMBER: 09042680)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 453,643 295,097

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 453,643 295,097

LETTERBOX LONDON PROPERTIES LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
LETTERBOX LONDON PROPERTIES LIMITED

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 May 2023 set out on pages three to seven 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.






Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL


15 February 2024