Registered number
11184842
SURREY UK LINGWOOD INVESTMENTS LIMITED
Filleted Accounts
28 February 2023
SURREY UK LINGWOOD INVESTMENTS LIMITED
Registered number: 11184842
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 - 1,218,574
Current assets
Debtors 4 750,000 750,000
Cash at bank and in hand 13,320 16,198
763,320 766,198
Creditors: amounts falling due within one year 5 (740,953) (739,408)
Net current assets 22,367 26,790
Total assets less current liabilities 22,367 1,245,364
Creditors: amounts falling due after more than one year 6 (927,246) (2,113,674)
Net liabilities (904,879) (868,310)
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account (914,879) (878,310)
Shareholder's funds (904,879) (868,310)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Erdal Henri Frayman
Director
Approved by the board on 30 November 2023
SURREY UK LINGWOOD INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 March 2022 1,205,399 13,175 1,218,574
Disposals (1,205,399) (13,175) (1,218,574)
At 28 February 2023 - - -
Depreciation
At 28 February 2023 - - -
Net book value
At 28 February 2023 - - -
At 28 February 2022 1,205,399 13,175 1,218,574
4 Debtors 2023 2022
£ £
Other debtors 750,000 750,000
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 6,265 7,740
Other creditors 734,688 731,668
740,953 739,408
6 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 927,246 2,113,674
7 Other information
SURREY UK LINGWOOD INVESTMENTS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
C/O Ulus & Co 
183 Angel Place, Fore Street
London
UK
N18 2UD
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