0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,650,000 2,650,000 2,650,000 xbrli:pure xbrli:shares iso4217:GBP 01540136 2023-01-01 2023-12-31 01540136 2023-12-31 01540136 2022-12-31 01540136 2022-01-01 2022-12-31 01540136 2022-12-31 01540136 2021-12-31 01540136 bus:Director3 2023-01-01 2023-12-31 01540136 core:WithinOneYear 2023-12-31 01540136 core:WithinOneYear 2022-12-31 01540136 core:AfterOneYear 2023-12-31 01540136 core:AfterOneYear 2022-12-31 01540136 core:UKTax 2023-01-01 2023-12-31 01540136 core:UKTax 2022-01-01 2022-12-31 01540136 core:ShareCapital 2023-12-31 01540136 core:ShareCapital 2022-12-31 01540136 core:RetainedEarningsAccumulatedLosses 2023-12-31 01540136 core:RetainedEarningsAccumulatedLosses 2022-12-31 01540136 core:LandBuildings 2023-12-31 01540136 core:LandBuildings 2022-12-31 01540136 bus:SmallEntities 2023-01-01 2023-12-31 01540136 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 01540136 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01540136 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 01540136 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 01540136
LANDMARK (U.K.) LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 December 2023
LANDMARK (U.K.) LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2023
2023
2022
Note
£
£
£
FIXED ASSETS
Tangible assets
5
2,650,000
2,650,000
CURRENT ASSETS
Debtors
6
14,953
4,808
Cash at bank and in hand
77,107
21,463
--------
--------
92,060
26,271
CREDITORS: amounts falling due within one year
7
( 119,884)
( 94,047)
---------
--------
NET CURRENT LIABILITIES
( 27,824)
( 67,776)
------------
------------
TOTAL ASSETS LESS CURRENT LIABILITIES
2,622,176
2,582,224
CREDITORS: amounts falling due after more than one year
8
( 159,198)
( 197,872)
PROVISIONS
Taxation including deferred tax
( 237,636)
( 237,636)
------------
------------
NET ASSETS
2,225,342
2,146,716
------------
------------
LANDMARK (U.K.) LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 December 2023
2023
2022
Note
£
£
£
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
2,225,242
2,146,616
------------
------------
SHAREHOLDERS FUNDS
2,225,342
2,146,716
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 19 September 2024 , and are signed on behalf of the board by:
R M Murray
Director
Company registration number: 01540136
LANDMARK (U.K.) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Royal House, 28 Sovereign Street, Leeds, LS1 4BJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of rents receivable, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short-term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TAX ON PROFIT
Major components of tax expense
2023
2022
£
£
Current tax:
UK current tax expense
64,069
41,891
--------
--------
Tax on profit
64,069
41,891
--------
--------
5. TANGIBLE ASSETS
Land and buildings
£
Cost
At 1 January 2023 and 31 December 2023
2,650,000
------------
Depreciation
At 1 January 2023 and 31 December 2023
------------
Carrying amount
At 31 December 2023
2,650,000
------------
At 31 December 2022
2,650,000
------------
6. DEBTORS
2023
2022
£
£
Other debtors
14,953
4,808
--------
-------
7. CREDITORS: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
39,799
39,574
Trade creditors
192
Corporation tax
64,069
41,892
Social security and other taxes
13,419
10,176
Other creditors
2,405
2,405
---------
--------
119,884
94,047
---------
--------
8. CREDITORS: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
159,198
197,872
---------
---------