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REGISTERED NUMBER: 12401338 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2024

for

LARK RISE ESTATE LIMITED

LARK RISE ESTATE LIMITED (REGISTERED NUMBER: 12401338)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LARK RISE ESTATE LIMITED

Company Information
FOR THE YEAR ENDED 31 JANUARY 2024







Directors: Mr A J Robinson
Ms D Bettany





Registered office: Lark Rise
Chester Road
Oakmere
Cheshire
CW8 2HB





Registered number: 12401338 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

LARK RISE ESTATE LIMITED (REGISTERED NUMBER: 12401338)

Balance Sheet
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,832 27,984

CURRENT ASSETS
Cash at bank 1,138 3,929

CREDITORS
Amounts falling due within one year 5 45,465 30,679
NET CURRENT LIABILITIES (44,327 ) (26,750 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,505

1,234

CREDITORS
Amounts falling due after more than one
year

6

(34,301

)

-

PROVISIONS FOR LIABILITIES 8 (10,841 ) (2,357 )
NET LIABILITIES (19,637 ) (1,123 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (19,737 ) (1,223 )
SHAREHOLDERS' FUNDS (19,637 ) (1,123 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





Mr A J Robinson - Director


LARK RISE ESTATE LIMITED (REGISTERED NUMBER: 12401338)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Lark Rise Estate Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Going concern basis
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have reviewed the company’s forecasts and projections, taking into account the ongoing financial support from the shareholders, who have confirmed that they will provide the necessary funding to meet the company’s liabilities as they fall due.

After reviewing the company’s financial position and future prospects, the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

LARK RISE ESTATE LIMITED (REGISTERED NUMBER: 12401338)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 February 2023 8,574 11,347 19,000 38,921
Additions - - 61,090 61,090
At 31 January 2024 8,574 11,347 80,090 100,011
DEPRECIATION
At 1 February 2023 3,430 3,707 3,800 10,937
Charge for year 1,714 2,270 15,258 19,242
At 31 January 2024 5,144 5,977 19,058 30,179
NET BOOK VALUE
At 31 January 2024 3,430 5,370 61,032 69,832
At 31 January 2023 5,144 7,640 15,200 27,984

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 9,345 -
Taxation and social security - 190
Other creditors 36,120 30,489
45,465 30,679

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 34,301 -

7. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Hire purchase contracts 43,646 -

8. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 10,841 2,357

Deferred
tax
£   
Balance at 1 February 2023 2,357
Provided during year 8,484
Balance at 31 January 2024 10,841

LARK RISE ESTATE LIMITED (REGISTERED NUMBER: 12401338)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
50 Ordinary A 1 50 50
50 Ordinary B 1 50 50
100 100