Company Registration No. 13415373 (England and Wales)
LIMA APARTMENTS LTD
Unaudited accounts
for the year ended 31 May 2024
LIMA APARTMENTS LTD
Unaudited accounts
Contents
LIMA APARTMENTS LTD
Company Information
for the year ended 31 May 2024
Directors
Mr Kieron Franklin
Mr Luke McDermott
Company Number
13415373 (England and Wales)
Registered Office
3 Pine Road
Bournemouth
Dorset
BH9 1LT
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
LIMA APARTMENTS LTD
Statement of financial position
as at 31 May 2024
Investment property
290,000
307,000
Cash at bank and in hand
11,019
597
Creditors: amounts falling due within one year
(274,277)
(264,420)
Net current liabilities
(256,535)
(261,233)
Total assets less current liabilities
33,465
45,767
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
33,365
33,700
Shareholders' funds
33,465
33,800
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by
Mr Kieron Franklin
Director
Company Registration No. 13415373
LIMA APARTMENTS LTD
Notes to the Accounts
for the year ended 31 May 2024
LIMA APARTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13415373. The registered office is 3 Pine Road, Bournemouth, Dorset, BH9 1LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 June 2023
307,000
Net loss from fair value adjustments
(17,000)
Amounts falling due within one year
Amounts due from group undertakings etc.
4,963
830
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
641
641
Loans from directors
273,066
262,987
LIMA APARTMENTS LTD
Notes to the Accounts
for the year ended 31 May 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors's loan account
(131,493)
(6,814)
(3,473)
(134,834)
Directors's loan account
(131,493)
(7,223)
(484)
(138,232)
(262,986)
(14,037)
(3,957)
(273,066)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).