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REGISTERED NUMBER: 05555882 (England and Wales)



Financial Statements for the Year Ended 31 March 2023

for

La Rosa Homes Limited

La Rosa Homes Limited (Registered number: 05555882)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


La Rosa Homes Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: R K Shumoogam
S D Shumoogam





REGISTERED OFFICE: 97 Babington Road
Streatham
London
SW16 6AN





REGISTERED NUMBER: 05555882 (England and Wales)





ACCOUNTANTS: BBK Partnership
Chartered Accountants
& Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ

La Rosa Homes Limited (Registered number: 05555882)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 387,067 387,067

CURRENT ASSETS
Debtors 5 560,551 525,059
Cash at bank 57,265 125,387
617,816 650,446
CREDITORS
Amounts falling due within one year 6 (109,732 ) (129,687 )
NET CURRENT ASSETS 508,084 520,759
TOTAL ASSETS LESS CURRENT
LIABILITIES

895,151

907,826

CREDITORS
Amounts falling due after more than one
year

7

(311,281

)

(355,552

)
NET ASSETS 583,870 552,274

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 583,770 552,174
SHAREHOLDERS' FUNDS 583,870 552,274

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

La Rosa Homes Limited (Registered number: 05555882)

Balance Sheet - continued
31 March 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 13 March 2024 and were signed on its behalf by:





R K Shumoogam - Director


La Rosa Homes Limited (Registered number: 05555882)

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


1. STATUTORY INFORMATION

La Rosa Homes 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 15 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 387,067 26,979 3,107 417,153
DEPRECIATION
At 1 April 2022
and 31 March 2023 - 26,979 3,107 30,086
NET BOOK VALUE
At 31 March 2023 387,067 - - 387,067
At 31 March 2022 387,067 - - 387,067

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Amounts owed by participating interests 560,551 525,059

La Rosa Homes Limited (Registered number: 05555882)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors - 2
Tax 103,587 127,066
PAYE and NI contribution 282 -
Pension Liability 342 470
Wages Control 1,863 -
Directors' current accounts 1,858 349
Accrued expenses 1,800 1,800
109,732 129,687

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans (see note 8) 311,281 355,552

8. LOANS

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£    £   
Amounts falling due between one and two years:
Bounceback Loan 31,506 41,126

Amounts falling due between two and five years:
Bank loans - 2-5 years 279,775 314,426

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 April 2022 552,174
Profit for the year 163,596
Dividends (132,000 )
At 31 March 2023 583,770