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Company Registration No. 09287159 (England and Wales)
LRS Residential Ltd Unaudited accounts for the year ended 31 March 2024
LRS Residential Ltd Unaudited accounts Contents
Page
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LRS Residential Ltd Company Information for the year ended 31 March 2024
Director
Lorenzo Alfredo Calzavara
Company Number
09287159 (England and Wales)
Registered Office
Stirling House Breasy Place 9 Burroughs Gardens London NW4 4AU
Accountants
Abacus Jack Ltd New Century House Crowther Road Washington Tyne and Wear NE38 0QA
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LRS Residential Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
56,839 
1,964 
Current assets
Debtors
197,638 
165,645 
Cash at bank and in hand
32,899 
42,071 
230,537 
207,716 
Creditors: amounts falling due within one year
(194,973)
(169,143)
Net current assets
35,564 
38,573 
Total assets less current liabilities
92,403 
40,537 
Creditors: amounts falling due after more than one year
(42,700)
- 
Provisions for liabilities
Deferred tax
(14,210)
- 
Net assets
35,493 
40,537 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
35,492 
40,536 
Shareholders' funds
35,493 
40,537 
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 26 August 2024 and were signed on its behalf by
Lorenzo Alfredo Calzavara Director Company Registration No. 09287159
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LRS Residential Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
LRS Residential Ltd is a private company, limited by shares, registered in England and Wales, registration number 09287159. The registered office is Stirling House Breasy Place, 9 Burroughs Gardens, London, NW4 4AU.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25 % Reducing Balance
Fixtures & fittings
20 % Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
8,269 
8,269 
Additions
56,950 
3,253 
60,203 
At 31 March 2024
56,950 
11,522 
68,472 
Depreciation
At 1 April 2023
- 
6,305 
6,305 
Charge for the year
2,373 
2,955 
5,328 
At 31 March 2024
2,373 
9,260 
11,633 
Net book value
At 31 March 2024
54,577 
2,262 
56,839 
At 31 March 2023
- 
1,964 
1,964 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
54,577 
- 
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LRS Residential Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,638 
33,296 
Accrued income and prepayments
1,109 
1,269 
Other debtors
176,891 
131,080 
197,638 
165,645 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,141 
9,940 
Obligations under finance leases and hire purchase contracts
6,418 
- 
Trade creditors
156,322 
122,181 
Taxes and social security
16,275 
17,364 
Other creditors
4,052 
17,218 
Accruals
765 
2,440 
194,973 
169,143 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
43,032 
- 
Taxes and social security
(332)
- 
42,700 
- 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Lorenzo Alfredo Calzavara
Dir Loan
246 
- 
246 
- 
246 
- 
246 
- 
Director's loan was repaid within 9 months of the company year end.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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