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Company Registration No. 11807591 (England and Wales)
4Lex Properties Ltd Unaudited accounts for the year ended 29 February 2024
4Lex Properties Ltd Unaudited accounts Contents
Page
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4Lex Properties Ltd Company Information for the year ended 29 February 2024
Directors
Alexandru-Cristian Mariuta Alexandra Mariuta
Company Number
11807591 (England and Wales)
Registered Office
10 Linn Street Manchester M8 5SN
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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4Lex Properties Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
286,168 
286,168 
Current assets
Cash at bank and in hand
2,294 
67,683 
Creditors: amounts falling due within one year
(1,439)
(359)
Net current assets
855 
67,324 
Total assets less current liabilities
287,023 
353,492 
Creditors: amounts falling due after more than one year
(282,202)
(356,856)
Net assets/(liabilities)
4,821 
(3,364)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
4,819 
(3,366)
Shareholders' funds
4,821 
(3,364)
For the year ending 29 February 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 31 July 2024 and were signed on its behalf by
Alexandru-Cristian Mariuta Director Company Registration No. 11807591
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4Lex Properties Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
4Lex Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 11807591. The registered office is 10 Linn Street, Manchester, M8 5SN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover includes revenue earned from property rental and is recognised when receivable from the tenant.
Going concern
At the period end the company has total net liabilities of £6,377. The company has received a loan from the directors which remains unpaid. The directors will not seek repayment of the loan until the company's other debts have been met. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.
Tangible fixed assets and depreciation
Land and buildings are included at cost. Depreciation has not been charged on Land and buildings.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
286,168 
At 29 February 2024
286,168 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
286,168 
At 28 February 2023
286,168 
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4Lex Properties Ltd Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,080 
- 
Accruals
359 
359 
1,439 
359 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
261,863 
270,395 
Loans from directors
20,339 
86,461 
282,202 
356,856 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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