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Company Registration No. 00294924 (England and Wales)
Ladies Realm Limited Unaudited accounts for the year ended 31 January 2024
Ladies Realm Limited Unaudited accounts Contents
Page
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Ladies Realm Limited Company Information for the year ended 31 January 2024
Directors
Susan Mary Jackson Jennifer Margaret Stubbs Nicola Jane Parker
Company Number
00294924 (England and Wales)
Registered Office
43/45 High Street Sandown Isle of Wight PO36 8DF
Accountants
Martin Bridges & Co 39 High Street Shanklin Isle of Wight PO37 6JJ
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Ladies Realm Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,744,000 
1,744,000 
Current assets
Debtors
12,619 
16,338 
Cash at bank and in hand
345,513 
344,306 
358,132 
360,644 
Creditors: amounts falling due within one year
(10,021)
(2,620)
Net current assets
348,111 
358,024 
Total assets less current liabilities
2,092,111 
2,102,024 
Provisions for liabilities
Deferred tax
(68,319)
(68,319)
Net assets
2,023,792 
2,033,705 
Capital and reserves
Called up share capital
7,100 
7,100 
Revaluation reserve
743,608 
743,608 
Profit and loss account
1,273,084 
1,282,997 
Shareholders' funds
2,023,792 
2,033,705 
For the year ending 31 January 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 17 September 2024 and were signed on its behalf by
Susan Mary Jackson Director Company Registration No. 00294924
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Ladies Realm Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Ladies Realm Limited is a private company, limited by shares, registered in England and Wales, registration number 00294924. The registered office is 43/45 High Street, Sandown, Isle of Wight, PO36 8DF.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 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:
Fixtures & fittings
20 %
Other tangible fixed assets
20 %
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
335,749 
At 31 January 2024
335,749 
Depreciation
At 1 February 2023
335,749 
At 31 January 2024
335,749 
Net book value
At 31 January 2024
- 
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Ladies Realm Limited Notes to the Accounts for the year ended 31 January 2024
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
7,100 Ordinary shares of £1 each
7,100 
7,100 
6
Pension commitments
The company operates defined contribution schemes and pension contributions are charged to the profit and loss account to spread the cost of the pensions over the directors' and employee's working lives with the company. The number of directors for whom retirement benefits are accruing under these money purchase schemes is one.
7
Average number of employees
During the year the average number of employees was 1 (2023: 3).
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