IRIS Accounts Production v24.2.0.383 12589405 director 1.6.23 31.12.23 31.12.23 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125894052023-05-31125894052023-12-31125894052023-06-012023-12-31125894052022-05-31125894052022-06-012023-05-31125894052023-05-3112589405ns15:EnglandWales2023-06-012023-12-3112589405ns14:PoundSterling2023-06-012023-12-3112589405ns10:Director12023-06-012023-12-3112589405ns10:PrivateLimitedCompanyLtd2023-06-012023-12-3112589405ns10:SmallEntities2023-06-012023-12-3112589405ns10:AuditExempt-NoAccountantsReport2023-06-012023-12-3112589405ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012023-12-3112589405ns10:SmallCompaniesRegimeForAccounts2023-06-012023-12-3112589405ns10:FullAccounts2023-06-012023-12-3112589405ns10:OrdinaryShareClass12023-06-012023-12-3112589405ns10:RegisteredOffice2023-06-012023-12-3112589405ns5:CurrentFinancialInstruments2023-12-3112589405ns5:CurrentFinancialInstruments2023-05-3112589405ns5:Non-currentFinancialInstruments2023-12-3112589405ns5:Non-currentFinancialInstruments2023-05-3112589405ns5:ShareCapital2023-12-3112589405ns5:ShareCapital2023-05-3112589405ns5:RetainedEarningsAccumulatedLosses2023-12-3112589405ns5:RetainedEarningsAccumulatedLosses2023-05-3112589405ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3112589405ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3112589405ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-3112589405ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-05-3112589405ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 12589405 (England and Wales)















PROPER LUSH PROPERTY LTD

FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JUNE 2023 TO 31ST DECEMBER 2023






PROPER LUSH PROPERTY LTD (REGISTERED NUMBER: 12589405)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JUNE 2023 TO 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROPER LUSH PROPERTY LTD

COMPANY INFORMATION
FOR THE PERIOD 1ST JUNE 2023 TO 31ST DECEMBER 2023







DIRECTOR: A J Collier





REGISTERED OFFICE: 10 Princes Plain
Bromley
BR2 8LE





REGISTERED NUMBER: 12589405 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

PROPER LUSH PROPERTY LTD (REGISTERED NUMBER: 12589405)

BALANCE SHEET
31ST DECEMBER 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 432,968 432,968

CURRENT ASSETS
Debtors 5 1,818 100,527
Cash at bank 1,674 1,376
3,492 101,903
CREDITORS
Amounts falling due within one year 6 6,133 14,362
NET CURRENT (LIABILITIES)/ASSETS (2,641 ) 87,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,327

520,509

CREDITORS
Amounts falling due after more than one
year

7

492,264

586,268
NET LIABILITIES (61,937 ) (65,759 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (62,037 ) (65,859 )
SHAREHOLDERS' FUNDS (61,937 ) (65,759 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PROPER LUSH PROPERTY LTD (REGISTERED NUMBER: 12589405)

BALANCE SHEET - continued
31ST DECEMBER 2023


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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd September 2024 and were signed by:





A J Collier - Director


PROPER LUSH PROPERTY LTD (REGISTERED NUMBER: 12589405)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JUNE 2023 TO 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Proper Lush Property 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, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 period 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 period was 1 (2023 - 1 ) .

PROPER LUSH PROPERTY LTD (REGISTERED NUMBER: 12589405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JUNE 2023 TO 31ST DECEMBER 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st June 2023
and 31st December 2023 432,968
NET BOOK VALUE
At 31st December 2023 432,968
At 31st May 2023 432,968

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 675 745
Curry and Collier Ltd loan - 98,504
Directors' current accounts 1 -
Prepayments and accrued income 1,142 1,278
1,818 100,527

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade creditors 894 4,434
Other creditors - 7,350
Accruals and deferred income 5,239 2,578
6,133 14,362

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2023
£    £   
Mortgage more 5 yr by instal 298,532 298,529
Directors' loan accounts 193,732 287,739
492,264 586,268

Amounts falling due in more than five years:

Repayable by instalments
Mortgage more 5 yr by instal 298,532 298,529

PROPER LUSH PROPERTY LTD (REGISTERED NUMBER: 12589405)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JUNE 2023 TO 31ST DECEMBER 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2023
£    £   
Mortgage 298,529 298,529

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2023
value: £    £   
100 Ordinary £1 100 100

10. RELATED PARTY DISCLOSURES

At the period end the company was owed £Nil (May 2023: £98,504) from Curry & Collier Ltd; a company in which A J Collier has a controlling interest.

The company had an outstanding directors loan creditor at the period end due to A J Collier of £193,732 (May 2023: £287,739).