Company registration number 07745047 (England and Wales)
LAND ECONOMICS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
PAGES FOR FILING WITH REGISTRAR
LAND ECONOMICS LIMITED
BALANCE SHEET
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2023
2022
£
£
£
£
Fixed assets
75,156
75,915
Current assets
211,887
281,450
Creditors: amounts falling due within one year
(40,637)
(269,652)
Net current assets
171,250
11,798
Total assets less current liabilities
246,406
87,713
Creditors: amounts falling due after more than one year
(16,119)
(24,265)
Accruals and deferred income
(14,946)
(12,150)
Net assets
215,341
51,298
Capital and reserves
215,341
51,298
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year the company made advances totalling £188,921 (2022 - £242,832) to the directors. Repayments totalling £262,598 (2022 - £312,671) were made in relation to these advances and brought forward balances. The overdrawn balance incurred interest at HMRC approved rates.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
Land Economics Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ground Floor Front Office, Hill View House, The Hill, Cranbrook, Kent, TN17 3AD.
For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
LAND ECONOMICS LIMITED
BALANCE SHEET (CONTINUED)
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These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 14 April 2024 and are signed on its behalf by:
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Mr C R J Jarvis
Mrs K L Jarvis
Director
Director
Company registration number 07745047 (England and Wales)