IRIS Accounts Production v24.2.0.383 12090676 Board of Directors Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120906762023-07-31120906762024-07-31120906762023-08-012024-07-31120906762022-07-31120906762022-08-012023-07-31120906762023-07-3112090676ns15:EnglandWales2023-08-012024-07-3112090676ns14:PoundSterling2023-08-012024-07-3112090676ns10:Director12023-08-012024-07-3112090676ns10:Director22023-08-012024-07-3112090676ns10:Director32023-08-012024-07-3112090676ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3112090676ns10:SmallEntities2023-08-012024-07-3112090676ns10:AuditExemptWithAccountantsReport2023-08-012024-07-3112090676ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3112090676ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3112090676ns10:FullAccounts2023-08-012024-07-3112090676ns10:OrdinaryShareClass12023-08-012024-07-3112090676ns10:RegisteredOffice2023-08-012024-07-3112090676ns5:CurrentFinancialInstruments2024-07-3112090676ns5:CurrentFinancialInstruments2023-07-3112090676ns5:ShareCapital2024-07-3112090676ns5:ShareCapital2023-07-3112090676ns5:RetainedEarningsAccumulatedLosses2024-07-3112090676ns5:RetainedEarningsAccumulatedLosses2023-07-3112090676ns10:OrdinaryShareClass12024-07-3112090676ns5:RetainedEarningsAccumulatedLosses2023-07-3112090676ns5:RetainedEarningsAccumulatedLosses2023-08-012024-07-31
REGISTERED NUMBER: 12090676 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

LOZELLES PROPERTY MANAGEMENT COMPANY
LIMITED

LOZELLES PROPERTY MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 12090676)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

LOZELLES PROPERTY MANAGEMENT COMPANY
LIMITED

Company Information
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: M A Greenman
M J Pearcey
N J Humphries





REGISTERED OFFICE: 19 Millwood
Lisvane
Cardiff
CF14 0TL





REGISTERED NUMBER: 12090676 (England and Wales)





ACCOUNTANTS: Hayvenhursts
Fairway House
Links Business Park
St Mellons
Cardiff
CF3 0LT

LOZELLES PROPERTY MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 12090676)

Balance Sheet
31 JULY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank and in hand 3 13,539

CREDITORS
Amounts falling due within one year 4 (900 ) (900 )
NET CURRENT (LIABILITIES)/ASSETS (897 ) 12,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

(897

)

12,639

CAPITAL AND RESERVES
Called up share capital 5 3 3
Retained earnings 6 (900 ) 12,636
SHAREHOLDERS' FUNDS (897 ) 12,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:




M J Pearcey - Director M A Greenman - Director




N J Humphries - Director


LOZELLES PROPERTY MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 12090676)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Lozelles Property management Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accrued expenses 900 900

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3 Ordinary £1 3 3

6. RESERVES
Retained
earnings
£   

At 1 August 2023 12,636
Deficit for the year (13,536 )
At 31 July 2024 (900 )

LOZELLES PROPERTY MANAGEMENT COMPANY
LIMITED (REGISTERED NUMBER: 12090676)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024

7. ULTIMATE CONTROLLING PARTY

The Directors' are the ultimate controlling parties.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Lozelles Property management Company
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

You have stated that an audit of the service charge accounts in accordance with International Standards on Auditing is not required under the terms of the lease for Lozelles Property Management Company Limited . In accordance with our engagement letter . We have performed the procedures agreed with you and enumerated below with respect to the service charge accounts set out on pages three to six in respect of Lozelles Property Management Company Limited for the year ended 31 July 2024 in order to provide a report of factual findings about the service charge accounts that you have issued.

This report is made to the directors for issue with the service charge accounts in accordance with the terms of our engagement. Our work has been undertaken to enable us to make this report to the directors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the directors for our work or for this report.




Basis of report
Our work was carried out having regard to Residential Service Charge Accounts published jointly by the professional accountancy bodies with AMRA and RICS. In summary, the procedures we carried out with respect to the service charge accounts were;

1. We obtained the service charge accounts and checked whether the figures in the accounts were extracted
correctly from the accounting records maintained by or on behalf of the landlord;

2. We checked, based on a sample, whether entries in the accounting records were supported by receipts, other
documentation or evidence that we inspected; and

3. We checked whether the balance of service charge monies for this property shown on page 3 of the service
charge accounts agreed or reconciled to the bank statements for the accounts in which the funds are held.

Because the above procedures do not constitute either an audit or a review made in accordance with International Standards on Auditing (UK and Ireland) or International Standards on Review Engagements, we do not express any assurance on the service charge accounts other than in making the factual statements set out below.

Had we performed additional procedures or we performed an audit or review of the financial statements in accordance with International standards on Auditing (UK and Ireland) or International Standards on Review Engagements, other matters might have come to our attention that would have been reported to you.




Report of factual findings;
(a) With respect to item 1 we found the figures in the statement of account to have been extracted correctly from the accounting records.

(b) With respect to item 2 we found that those entries in the accounting records that we checked were supported by receipts, other documentation or evidence that we inspected.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Lozelles Property management Company
Limited


(c) With respect to item 3 we found th at the balance of service charge monies shown on page 3 of the service charge accounts agrees or reconciles to the bank statement for the account in which the funds are held.






Hayvenhursts
Fairway House
Links Business Park
St Mellons
Cardiff
CF3 0LT


5 September 2024