Registered Number:05044413 |
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 29 February 2024
LANDHOUSE LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
LANDHOUSE LIMITED
Statement of Financial Position
2023
2024
Property, plant and equipment |
972,739
972,739
2
972,739
972,739
94,596
Cash and cash equivalents |
7,192
7,192
94,596
Trade and other payables: amounts falling due within one |
year |
(54,549)
(17,645)
3
40,047
(10,453)
Net current liabilities
Total assets less current liabilities |
962,286
1,012,786
Trade and other payables: amounts falling due after more |
than one year |
(782,173)
(630,857)
4
331,429
Net assets
230,613
100
100
331,329
230,513
331,429
230,613
Shareholders' funds
For the year ended 29 February 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 06 March 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 29 February 2024
LANDHOUSE LIMITED
Notes to the Financial Statements
Statutory Information
LANDHOUSE LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05044413. |
34 Parklands Drive
Finchley Church End
London
N3 3HA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
2. Property, plant and equipment |
981,239
8,600
972,639
972,639
8,600
981,239
Provision for depreciation and impairment |
8,500
8,500
-
8,500
8,500
-
972,639
100
972,739
972,639
100
972,739
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For the year ended 29 February 2024
LANDHOUSE LIMITED
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
17,645
53,549
-
1,000
17,645
54,549
4. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
-
188,374
630,857
593,799
630,857
782,173
5. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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