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REGISTERED NUMBER: 08840832 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Landmark Commercial Properties (Kent)
Limited

Landmark Commercial Properties (Kent)
Limited (Registered number: 08840832)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Landmark Commercial Properties (Kent)
Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: M J Bourne
J A Bourne





REGISTERED OFFICE: 67 Westow Street
London
SE19 3RW





REGISTERED NUMBER: 08840832 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Landmark Commercial Properties (Kent)
Limited (Registered number: 08840832)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,754 5,006
Investment property 6 1,384,724 1,384,724
1,388,478 1,389,730

CURRENT ASSETS
Debtors 7 332,974 642,075
Cash at bank 1,313 9,382
334,287 651,457
CREDITORS
Amounts falling due within one year 8 485,588 810,246
NET CURRENT LIABILITIES (151,301 ) (158,789 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,237,177

1,230,941

CREDITORS
Amounts falling due after more than one year 9 (442,660 ) (478,310 )

PROVISIONS FOR LIABILITIES (52,543 ) (52,762 )
NET ASSETS 741,974 699,869

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 279,090 279,090
Retained earnings 462,784 420,679
SHAREHOLDERS' FUNDS 741,974 699,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Landmark Commercial Properties (Kent)
Limited (Registered number: 08840832)

Balance Sheet - continued
30 April 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 16 April 2024 and were signed on its behalf by:





J A Bourne - Director


Landmark Commercial Properties (Kent)
Limited (Registered number: 08840832)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Landmark Commercial Properties (Kent) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover
Turnover represents rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Investment property
Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement.

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.

4. EMPLOYEES AND DIRECTORS

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

Landmark Commercial Properties (Kent)
Limited (Registered number: 08840832)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022
and 30 April 2023 50,000
DEPRECIATION
At 1 May 2022 44,994
Charge for year 1,252
At 30 April 2023 46,246
NET BOOK VALUE
At 30 April 2023 3,754
At 30 April 2022 5,006

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022
and 30 April 2023 1,384,724
NET BOOK VALUE
At 30 April 2023 1,384,724
At 30 April 2022 1,384,724

The investment property is valued annually by the directors on an open market existing use basis.

The historical cost of the investment property amounts to £1,053,823 (2022: £1,053,823).

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 7,639 36,500
Other debtors 325,335 605,575
332,974 642,075

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 34,490 42,998
Taxation and social security 42,101 42,672
Other creditors 408,997 724,576
485,588 810,246

Landmark Commercial Properties (Kent)
Limited (Registered number: 08840832)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans 442,660 478,310

Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 years by instalments 258,575 291,426

10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.23 30.4.22
£    £   
Bank loans 477,150 521,308