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REGISTERED NUMBER: 07797407 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Lovelace Avenue Management Ltd

Lovelace Avenue Management Ltd (Registered number: 07797407)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lovelace Avenue Management Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Ms B A Druce





REGISTERED OFFICE: Broom House
39-43 London Road
Hadleigh
Benfleet
Essex
SS7 2QL





REGISTERED NUMBER: 07797407 (England and Wales)





ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL

Lovelace Avenue Management Ltd (Registered number: 07797407)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 4 934 953
Cash at bank 60 627
994 1,580
CREDITORS
Amounts falling due within one year 5 456 476
NET CURRENT ASSETS 538 1,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

538

1,104

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 534 1,100
SHAREHOLDERS' FUNDS 538 1,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 12 April 2024 and were signed by:





Ms B A Druce - Director


Lovelace Avenue Management Ltd (Registered number: 07797407)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lovelace Avenue Management 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 represents contributions receivable from leaseholders.

Taxation
Provision is made for income tax on the amount of investment income received during the year. Because the company does not trade with a view to making a profit, the director is confident that HMRC will not seek to tax any surplus of contributions received over expenses incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Prepayments 934 833

Amounts falling due after more than one year:
Trade debtors - 120

Aggregate amounts 934 953

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors - 20
Accrued expenses 456 456
456 476