LMP COMMERCIAL DEVELOPMENTS LTD

Company Registration Number:
10480544 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

LMP COMMERCIAL DEVELOPMENTS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

LMP COMMERCIAL DEVELOPMENTS LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Called up share capital not paid: 4 4
Fixed assets
Intangible assets: 3 875,000 875,000
Tangible assets: 4 1,478,775 1,478,775
Investments: 5 15,876,993 6,126,554
Total fixed assets: 18,230,768 8,480,329
Current assets
Stocks: 464,779 119,477
Debtors:   421,552 769,045
Cash at bank and in hand: 2,888,765 2,346,576
Investments:   3,875,598
Total current assets: 7,650,694 3,235,098
Creditors: amounts falling due within one year:   (287,765)
Net current assets (liabilities): 7,362,929 3,235,098
Total assets less current liabilities: 25,593,701 11,715,431
Creditors: amounts falling due after more than one year:   (1,445,576)
Total net assets (liabilities): 24,148,125 11,715,431
Capital and reserves
Called up share capital: 4 4
Revaluation reserve:69,750,4399,491,051
Other reserves: 13,149,908 1,667,102
Profit and loss account: 1,247,774 557,274
Shareholders funds: 24,148,125 11,715,431

The notes form part of these financial statements

LMP COMMERCIAL DEVELOPMENTS LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2024
and signed on behalf of the board by:

Name: Indre Juskeviciute
Status: Director

The notes form part of these financial statements

LMP COMMERCIAL DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

LMP COMMERCIAL DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 21 21

LMP COMMERCIAL DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible Assets

Total
Cost £
At 01 December 2022 875,000
At 30 November 2023 875,000
Net book value
At 30 November 2023 875,000
At 30 November 2022 875,000

LMP COMMERCIAL DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 1,478,775
At 30 November 2023 1,478,775
Net book value
At 30 November 2023 1,478,775
At 30 November 2022 1,478,775

LMP COMMERCIAL DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Fixed investments

Company acquired multiple development sites during the financial year

LMP COMMERCIAL DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Revaluation reserve

2023
£
Balance at 01 December 2022 9,491,051
Surplus or deficit after revaluation 259,388
Balance at 30 November 2023 9,750,439