Company registration number 10087927 (England and Wales)
LIG PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
LIG PROPERTIES LIMITED
BALANCE SHEET
AS AT 31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,444,085
1,444,085
Current assets
8,702
10,764
Prepayments and accrued income
5,672
Creditors: amounts falling due within one year
(566,310)
(565,056)
Net current liabilities
(557,608)
(548,620)
Total assets less current liabilities
886,477
895,465
Creditors: amounts falling due after more than one year
(637,132)
(651,398)
Accruals and deferred income
(9,567)
(7,981)
Net assets
239,778
236,086
Capital and reserves
239,778
236,086
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
As at 31st March 2024, LIG Properties had a bank loan of £650,099 (2023- £663,908) which was secured by a fixed and floating charge over the assets of LIG Properties Limited.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
1
LIG Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 20-21 Arcadia Avenue, London, N3 2JU.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 9 September 2024
A Duke
Director
Company Registration Number 10087927