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
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
LRS Residential Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
56,839
1,964
Cash at bank and in hand
32,899
42,071
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
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
LRS Residential Ltd
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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
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
At 31 March 2024
54,577
2,262
56,839
At 31 March 2023
-
1,964
1,964
Carrying values included above held under finance leases and hire purchase contracts:
£
£
LRS Residential Ltd
Notes to the Accounts
for the year ended 31 March 2024
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
6
Creditors: amounts falling due within one year
2024
2023
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
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)
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Lorenzo Alfredo Calzavara
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).