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REGISTERED NUMBER: 08474366 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

LYMRO ENTERPRISES LTD

LYMRO ENTERPRISES LTD (REGISTERED NUMBER: 08474366)






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


LYMRO ENTERPRISES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 April 2023







DIRECTORS: G Rodis
T A Rodis





REGISTERED OFFICE: 25 Fitch Drive
Brighton
BN2 4HX





REGISTERED NUMBER: 08474366 (England and Wales)





ACCOUNTANTS: G. George Associates Limited
Chartered Certified Accountants
12 Gateway Mews
Ring Way
London
N11 2UT

LYMRO ENTERPRISES LTD (REGISTERED NUMBER: 08474366)

BALANCE SHEET
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 850 1,133
Investment property 5 330,000 330,000
330,850 331,133

CURRENT ASSETS
Debtors 6 520 567
Cash at bank 51,107 42,758
51,627 43,325
CREDITORS
Amounts falling due within one year 7 10,301 7,198
NET CURRENT ASSETS 41,326 36,127
TOTAL ASSETS LESS CURRENT
LIABILITIES

372,176

367,260

CREDITORS
Amounts falling due after more than one
year

8

(231,345

)

(231,345

)

PROVISIONS FOR LIABILITIES (18,697 ) (14,210 )
NET ASSETS 122,134 121,705

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 9 80,133 84,621
Retained earnings 41,001 36,084
122,134 121,705

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.

LYMRO ENTERPRISES LTD (REGISTERED NUMBER: 08474366)

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 29 November 2023 and were signed on its behalf by:




T A Rodis - Director



G Rodis - Director


LYMRO ENTERPRISES LTD (REGISTERED NUMBER: 08474366)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 April 2023

1. STATUTORY INFORMATION

LYMRO ENTERPRISES LTD 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

LYMRO ENTERPRISES LTD (REGISTERED NUMBER: 08474366)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 April 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2022
and 30 April 2023 3,787 1,855 5,642
DEPRECIATION
At 1 May 2022 3,050 1,459 4,509
Charge for year 184 99 283
At 30 April 2023 3,234 1,558 4,792
NET BOOK VALUE
At 30 April 2023 553 297 850
At 30 April 2022 737 396 1,133

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022
and 30 April 2023 330,000
NET BOOK VALUE
At 30 April 2023 330,000
At 30 April 2022 330,000

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2020 93,830
Valuation in 2022 5,000
Cost 231,170
330,000

If had not been revalued would have been included at the following historical cost:

30.4.23 30.4.22
£    £   
Cost 231,170 231,170

Investment property was valued on an open market basis on 30 April 2023 by the directors .

LYMRO ENTERPRISES LTD (REGISTERED NUMBER: 08474366)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 April 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors - 567
Other debtors 520 -
520 567

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Taxation and social security 848 -
Other creditors 9,453 7,198
10,301 7,198

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Other creditors 231,345 231,345

9. RESERVES
Fair
value
reserve
£   
At 1 May 2022 84,621
Fair value movements net of deferred tax
transferred from retained earnings

(4,488

)


At 30 April 2023 80,133