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REGISTERED NUMBER: 11394217 (England and Wales)














Financial Statements for the Year Ended 31 May 2023

for

Land Commercial Surveyors London Ltd

Land Commercial Surveyors London Ltd (Registered number: 11394217)






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


Land Commercial Surveyors London Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mr L Diamant
Mr A Diamant
Mr L Regan
Mr K J Isaacs





REGISTERED OFFICE: 1 Fullers Parade
Fullers Road
South Woodford
Essex
E18 2BF





REGISTERED NUMBER: 11394217 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Land Commercial Surveyors London Ltd (Registered number: 11394217)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,549 40,331

CURRENT ASSETS
Debtors 5 58,406 46,974
Cash at bank and in hand 26,161 43,542
84,567 90,516
CREDITORS
Amounts falling due within one year 6 81,515 86,286
NET CURRENT ASSETS 3,052 4,230
TOTAL ASSETS LESS CURRENT LIABILITIES 43,601 44,561

CREDITORS
Amounts falling due after more than one
year

7

43,393

44,297
NET ASSETS 208 264

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 108 164
SHAREHOLDERS' FUNDS 208 264

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.

Land Commercial Surveyors London Ltd (Registered number: 11394217)

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 19 February 2024 and were signed on its behalf by:




Mr L Diamant - Director



Mr A Diamant - Director


Land Commercial Surveyors London Ltd (Registered number: 11394217)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Land Commercial Surveyors London 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.

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 - 15% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Land Commercial Surveyors London Ltd (Registered number: 11394217)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 June 2022 35,411 - 8,312 43,723
Additions - 874 940 1,814
At 31 May 2023 35,411 874 9,252 45,537
DEPRECIATION
At 1 June 2022 - - 3,392 3,392
Charge for year - 131 1,465 1,596
At 31 May 2023 - 131 4,857 4,988
NET BOOK VALUE
At 31 May 2023 35,411 743 4,395 40,549
At 31 May 2022 35,411 - 4,920 40,331

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 21,483 35,147
Amounts owed by group undertakings 36,363 -
Other debtors 560 11,827
58,406 46,974

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 7,232 6,328
Trade creditors 8,185 11,200
Amounts owed to group undertakings 11,982 17,014
Taxation and social security 50,252 47,690
Other creditors 3,864 4,054
81,515 86,286

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 43,393 44,297

Land Commercial Surveyors London Ltd (Registered number: 11394217)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. RELATED PARTY DISCLOSURES

The directors Mr. L Diamant and Mr. A Diamant are consider to be key management personnel.