Company Registration No. 03872958 (England and Wales)
Lamron Developments Management Limited
Unaudited financial statements
For the year ended 31 December 2023
LAMRON DEVELOPMENTS MANAGEMENT LIMITED
Lamron Developments Management Limited
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
LAMRON DEVELOPMENTS MANAGEMENT LIMITED
Lamron Developments Management Limited
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
424,651
452,352
Cash at bank and in hand
481
1,603
425,132
453,955
Creditors: amounts falling due within one year
4
(89,744)
(89,744)
Net current assets
335,388
364,211
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
335,386
364,209
Total equity
335,388
364,211
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 11 September 2024 and are signed on its behalf by:
M M S McPhail
Director
Company registration number 03872958 (England and Wales)
LAMRON DEVELOPMENTS MANAGEMENT LIMITED
Lamron Developments Management Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
1
Accounting policies
Company information
Lamron Developments Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 55 Loudoun Road, St John's Wood, London, NW8 0DL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Cash and cash equivalents
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
2
2
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts due from related undertakings
420,906
448,606
Other debtors
3,745
3,746
424,651
452,352
LAMRON DEVELOPMENTS MANAGEMENT LIMITED
Lamron Developments Management Limited
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -
4
Creditors: amounts falling due within one year
2023
2022
£
£
Other taxation and social security
624
624
Amounts owed to related undertakings
87,470
87,470
Other creditors
1,650
1,650
89,744
89,744