Company Registration No. 13050324 (England and Wales)
LORDS PROPERTIES LTD
Unaudited accounts
for the year ended 30 November 2023
LORDS PROPERTIES LTD
Unaudited accounts
Contents
LORDS PROPERTIES LTD
Company Information
for the year ended 30 November 2023
Directors
Nallaikumaran Sivarajah
Abirami Sivarajah
Company Number
13050324 (England and Wales)
Registered Office
91 WOOTTON ROAD KINGS LYNN
NORFOLK
PE30 4DJ
UNITED KINGDOM
Accountants
ATA (UK) Limited
3 Havering Gardens
Romford
Essex
RM6 5BH
LORDS PROPERTIES LTD
Statement of financial position
as at 30 November 2023
Tangible assets
1,324,699
1,324,699
Cash at bank and in hand
8,223
17,269
Creditors: amounts falling due within one year
(401,058)
(399,058)
Net current liabilities
(392,835)
(381,789)
Total assets less current liabilities
931,864
942,910
Creditors: amounts falling due after more than one year
(943,223)
(943,222)
Net liabilities
(11,359)
(312)
Called up share capital
1
1
Profit and loss account
(11,360)
(313)
Shareholders' funds
(11,359)
(312)
For the year ending 30 November 2023 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 August 2024 and were signed on its behalf by
Nallaikumaran Sivarajah
Director
Company Registration No. 13050324
LORDS PROPERTIES LTD
Notes to the Accounts
for the year ended 30 November 2023
LORDS PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13050324. The registered office is 91 WOOTTON ROAD KINGS LYNN, NORFOLK, PE30 4DJ, UNITED KINGDOM.
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:
Land & buildings
Land and buildings are not depreciated and it is expressed at the lower of fair value and the cost
4
Tangible fixed assets
Land & buildings
At 1 December 2022
1,324,699
At 30 November 2023
1,324,699
At 30 November 2023
1,324,699
At 30 November 2022
1,324,699
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
400,408
398,408
LORDS PROPERTIES LTD
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
943,223
943,222
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).