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Company Registration No. 09928548 (England and Wales)
Lepine Properties Limited Unaudited accounts for the year ended 31 December 2023
Lepine Properties Limited Unaudited accounts Contents
Page
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Lepine Properties Limited Company Information for the year ended 31 December 2023
Directors
Joanna Mary Oakley Paul Oakley Ryan Terrence Oakley
Secretary
Joanna Mary Oakley
Company Number
09928548 (England and Wales)
Registered Office
FIRST FLOOR 39 HIGH STREET BILLERICAY ESSEX CM12 9BA United Kingdom
Accountants
LTG Accountants Limited 39A High Street Billericay Essex CM12 9BA
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Lepine Properties Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,293 
35,237 
Investments
100,000 
100,000 
123,293 
135,237 
Current assets
Inventories
74,418 
614,311 
Debtors
396,981 
144,725 
Cash at bank and in hand
82,815 
111,607 
554,214 
870,643 
Creditors: amounts falling due within one year
(50,626)
(119,534)
Net current assets
503,588 
751,109 
Total assets less current liabilities
626,881 
886,346 
Creditors: amounts falling due after more than one year
(1,065,191)
(1,112,954)
Provisions for liabilities
Deferred tax
- 
(460)
Net liabilities
(438,310)
(227,068)
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
(438,412)
(227,170)
Shareholders' funds
(438,310)
(227,068)
For the year ending 31 December 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 18 September 2024 and were signed on its behalf by
Paul Oakley Director Company Registration No. 09928548
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Lepine Properties Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Lepine Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09928548. The registered office is FIRST FLOOR, 39 HIGH STREET, BILLERICAY, ESSEX, CM12 9BA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
Straight Line 25%
Motor vehicles
Reducing Balance 25%
Fixtures & fittings
Straight Line 25%
Computer equipment
Straight Line 25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
22,675 
92,279 
3,180 
118,134 
Additions
400 
- 
- 
400 
Disposals
- 
(28,275)
- 
(28,275)
At 31 December 2023
23,075 
64,004 
3,180 
90,259 
Depreciation
At 1 January 2023
22,477 
58,056 
2,364 
82,897 
Charge for the year
244 
7,612 
714 
8,570 
On disposals
- 
(24,501)
- 
(24,501)
At 31 December 2023
22,721 
41,167 
3,078 
66,966 
Net book value
At 31 December 2023
354 
22,837 
102 
23,293 
At 31 December 2022
198 
34,223 
816 
35,237 
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Lepine Properties Limited Notes to the Accounts for the year ended 31 December 2023
5
Investments
Other investments 
£ 
Valuation at 1 January 2023
100,000 
Valuation at 31 December 2023
100,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
5,275 
8,871 
Deferred tax asset
2,025 
Accrued income and prepayments
1,095 
- 
8,395 
8,871 
Amounts falling due after more than one year
Other debtors
388,586 
135,854 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
32,500 
42,500 
Trade creditors
204 
202 
Taxes and social security
- 
35,302 
Loans from directors
9,118 
32,726 
Accruals
8,804 
8,804 
50,626 
119,534 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
15,159 
21,656 
Other creditors
1,050,032 
1,091,298 
1,065,191 
1,112,954 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102 
102 
10
Transactions with related parties
As at the balance sheet date, there were directors current account balances owed to the company totalling £11,473.19 (2020 : £115,253.13). As at the balance sheet date, the company owed amounts totalling £873,785 (2020 : £808,785) which has common director and shareholders with. As at the balance sheet date, the company was owed amounts totalling £930.00 (2020 : Nil) which has common director and shareholders with.
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Lepine Properties Limited Notes to the Accounts for the year ended 31 December 2023
11
Average number of employees
During the year the average number of employees was 5 (2022: 6).
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