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
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
Lepine Properties Limited
Statement of financial position
as at 31 December 2023
Tangible assets
23,293
35,237
Investments
100,000
100,000
Inventories
74,418
614,311
Cash at bank and in hand
82,815
111,607
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
Net liabilities
(438,310)
(227,068)
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
Lepine Properties Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Disposals
-
(28,275)
-
(28,275)
At 31 December 2023
23,075
64,004
3,180
90,259
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
At 31 December 2023
354
22,837
102
23,293
At 31 December 2022
198
34,223
816
35,237
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
Amounts falling due within one year
Deferred tax asset
2,025
-
Accrued income and prepayments
1,095
-
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
Taxes and social security
-
35,302
Loans from directors
9,118
32,726
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
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.
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).