IRIS Accounts Production v23.4.0.336 02137867 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure021378672022-06-30021378672023-06-30021378672022-07-012023-06-30021378672021-06-30021378672021-07-012022-06-30021378672022-06-3002137867ns15:PoundSterling2022-07-012023-06-3002137867ns11:Director12022-07-012023-06-3002137867ns11:PrivateLimitedCompanyLtd2022-07-012023-06-3002137867ns11:SmallEntities2022-07-012023-06-3002137867ns11:AuditExempt-NoAccountantsReport2022-07-012023-06-3002137867ns11:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3002137867ns11:SmallCompaniesRegimeForAccounts2022-07-012023-06-3002137867ns11:AbridgedAccounts2022-07-012023-06-3002137867ns11:Director22022-07-012023-06-3002137867ns11:Director32022-07-012023-06-3002137867ns11:RegisteredOffice2022-07-012023-06-3002137867ns6:CurrentFinancialInstruments2023-06-3002137867ns6:CurrentFinancialInstruments2022-06-3002137867ns6:Non-currentFinancialInstruments2023-06-3002137867ns6:Non-currentFinancialInstruments2022-06-3002137867ns6:ShareCapital2023-06-3002137867ns6:ShareCapital2022-06-3002137867ns6:RetainedEarningsAccumulatedLosses2023-06-3002137867ns6:RetainedEarningsAccumulatedLosses2022-06-3002137867ns6:LandBuildings2022-07-012023-06-3002137867ns6:PlantMachinery2022-07-012023-06-3002137867ns6:Secured2023-06-3002137867ns6:Secured2022-06-3002137867ns11:Director112022-06-3002137867ns11:Director112021-06-3002137867ns11:Director112022-07-012023-06-3002137867ns11:Director112021-07-012022-06-3002137867ns11:Director112023-06-3002137867ns11:Director112022-06-30021378672ns11:Director22022-06-30021378672ns11:Director22021-06-30021378672ns11:Director22022-07-012023-06-30021378672ns11:Director22021-07-012022-06-30021378672ns11:Director22023-06-30021378672ns11:Director22022-06-30021378673ns11:Director32022-06-30021378673ns11:Director32021-06-30021378673ns11:Director32022-07-012023-06-30021378673ns11:Director32021-07-012022-06-30021378673ns11:Director32023-06-30021378673ns11:Director32022-06-30
REGISTERED NUMBER: 02137867


















ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

LILLYBROOK ESTATE LIMITED

LILLYBROOK ESTATE LIMITED (REGISTERED NUMBER: 02137867)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


LILLYBROOK ESTATE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Mr P Burchell
Mr L Burchell
Mr L L Burchell





REGISTERED OFFICE: Old Station House
Station Approach
Newport Street
Swindon
Wiltshire
SN1 3DU





REGISTERED NUMBER: 02137867





ACCOUNTANTS: Haines Watts
Chartered Accountants
Old Station House
Station Approach
Swindon
Wiltshire
SN1 3DU

LILLYBROOK ESTATE LIMITED (REGISTERED NUMBER: 02137867)

ABRIDGED STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

30/6/23 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,668,044 3,373,554

CURRENT ASSETS
Stocks 497,857 374,127
Debtors 80,383 52,635
Cash at bank and in hand 453 31,894
578,693 458,656
CREDITORS
Amounts falling due within one year 1,020,416 1,524,405
NET CURRENT LIABILITIES (441,723 ) (1,065,749 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,226,321

2,307,805

CREDITORS
Amounts falling due after more than one
year

5

(368,186

)

(1,664

)

PROVISIONS FOR LIABILITIES (16,669 ) (13,613 )
NET ASSETS 2,841,466 2,292,528

CAPITAL AND RESERVES
Called up share capital 270 270
Retained earnings 2,841,196 2,292,258
2,841,466 2,292,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

LILLYBROOK ESTATE LIMITED (REGISTERED NUMBER: 02137867)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Statement of Financial Position for the year ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:





Mr L L Burchell - Director


LILLYBROOK ESTATE LIMITED (REGISTERED NUMBER: 02137867)

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

1. STATUTORY INFORMATION

Lillybrook Estate 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 for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on reducing balance and 20% on cost

Stocks & work in progress
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Costs include all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

LILLYBROOK ESTATE LIMITED (REGISTERED NUMBER: 02137867)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2022 4,159,981
Additions 347,197
Disposals (4,835 )
At 30 June 2023 4,502,343
DEPRECIATION
At 1 July 2022 786,427
Charge for year 50,479
Eliminated on disposal (2,607 )
At 30 June 2023 834,299
NET BOOK VALUE
At 30 June 2023 3,668,044
At 30 June 2022 3,373,554

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
30/6/23 30/6/22
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 368,186 -

6. SECURED DEBTS

The following secured debts are included within creditors:

30/6/23 30/6/22
£    £   
Bank loans 414,785 -

The loan is secured by way of a mortgage debenture and fixed and floating charges held over the property.

LILLYBROOK ESTATE LIMITED (REGISTERED NUMBER: 02137867)

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

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2023 and 30 June 2022:

30/6/23 30/6/22
£    £   
Mr L L Burchell
Balance outstanding at start of year 1,353 (20,000 )
Amounts advanced - 21,353
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,353 1,353

Mr P Burchell
Balance outstanding at start of year (479,054 ) (887 )
Amounts advanced - (478,167 )
Amounts repaid 202,000 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (277,054 ) (479,054 )

Mr L Burchell
Balance outstanding at start of year (481,150 ) (2,984 )
Amounts advanced (70,000 ) (478,166 )
Amounts repaid 272,000 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (279,150 ) (481,150 )