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REGISTERED NUMBER: 12114870 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

LANDMARK RESIDENTIAL ESTATES LTD

LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LANDMARK RESIDENTIAL ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Ravine Ballack
Hardeep Kaur Ladhar





REGISTERED OFFICE: 40 Bank Street, 18th Floor
Canary Wharf
London
E14 5NR





REGISTERED NUMBER: 12114870 (England and Wales)





ACCOUNTANTS: Stan Lee Accountancy Ltd
T/A: The Stan Lee
Chartered Certified Accountants
Level 18, 40 Bank Street
Canary Wharf
London
E14 5NR

LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,602 40,306

CURRENT ASSETS
Debtors 5 20,907 3,750
Cash at bank and in hand 47,305 23,388
68,212 27,138
CREDITORS
Amounts falling due within one year 6 76,065 38,483
NET CURRENT LIABILITIES (7,853 ) (11,345 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,749

28,961

CREDITORS
Amounts falling due after more than
one year

7

30,484

36,812
NET ASSETS/(LIABILITIES) 4,265 (7,851 )

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 4,263 (7,853 )
SHAREHOLDERS' FUNDS 4,265 (7,851 )

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.

LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)

BALANCE SHEET - continued
31 JULY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:





Ravine Ballack - Director


LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Landmark Residential Estates Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable services rendered, stated net of discounts and of Value Added Tax. When the consideration receivable in cash or cash equivalents is deferred, and the arrangement constitutes in effect a financing transaction, the fair value of the consideration is measured as the present value of all future receipts determined using an imputed rate of interest, normally the rate that discounts the nominal amount of consideration to the cash sales price.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company’s activities described below.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the period of the lease
Improvements to property - No depreciation
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Going concern
No material uncertainties related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern have been indentified by the directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

4. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 August 2023 1,271 33,413 3,091
Additions - 3,000 -
At 31 July 2024 1,271 36,413 3,091
DEPRECIATION
At 1 August 2023 424 - 464
Charge for year 254 - 394
At 31 July 2024 678 - 858
NET BOOK VALUE
At 31 July 2024 593 36,413 2,233
At 31 July 2023 847 33,413 2,627

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2023 2,407 2,045 42,227
Additions - 521 3,521
At 31 July 2024 2,407 2,566 45,748
DEPRECIATION
At 1 August 2023 391 642 1,921
Charge for year 302 275 1,225
At 31 July 2024 693 917 3,146
NET BOOK VALUE
At 31 July 2024 1,714 1,649 42,602
At 31 July 2023 2,016 1,403 40,306

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 20,907 3,750

LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 6,329 6,329
Tax 21 705
VAT 6,864 4,952
Other creditors 47,757 11,536
Directors' current accounts 13,246 13,244
Accrued expenses 1,848 1,717
76,065 38,483

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 30,484 36,812

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans - BBL 6,329 6,329

Amounts falling due between two and five years:
Bounce Back Loan 30,484 36,812

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 August 2023 (7,853 )
Profit for the year 12,116
At 31 July 2024 4,263

LANDMARK RESIDENTIAL ESTATES LTD (REGISTERED NUMBER: 12114870)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the current and previous years, the Company was under the control of its directors, by the virtue of their ownership of the entire issued share capital of the Company.

At the balance sheet date, the Company owed its directors £13,246 (2023 : £13,244). The loan carries no interest and is repayable in full at short notice on demand.