L A S PROPERTY WALES LIMITED

Company Registration Number:
06330099 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

L A S PROPERTY WALES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

L A S PROPERTY WALES LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,049,442 1,055,215
Total fixed assets: 1,049,442 1,055,215
Current assets
Debtors: 4 182,648 164,301
Cash at bank and in hand: 1,138,796 965,732
Total current assets: 1,321,444 1,130,033
Creditors: amounts falling due within one year: 5 ( 1,160,711 ) ( 960,267 )
Net current assets (liabilities): 160,733 169,766
Total assets less current liabilities: 1,210,175 1,224,981
Provision for liabilities: ( 24,397 ) ( 7,004 )
Total net assets (liabilities): 1,185,778 1,217,977
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,185,777 1,217,976
Total Shareholders' funds: 1,185,778 1,217,977

The notes form part of these financial statements

L A S PROPERTY WALES LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 25 September 2024
and signed on behalf of the board by:

Name: Mrs T E Morris
Status: Director

The notes form part of these financial statements

L A S PROPERTY WALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Plant and machinery - 8% per annum of cost Fixtures and fittings - 20% per annum of cost Motor vehicles 25% per annum of cost

L A S PROPERTY WALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

L A S PROPERTY WALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 938,346 87,223 8,467 99,000 1,133,036
Additions 24,352 1,342 25,694
Disposals ( 4,056 ) ( 4,056 )
Revaluations
Transfers
At 31 December 2023 962,698 87,223 5,753 99,000 1,154,674
Depreciation
At 1 January 2023 54,665 4,593 18,563 77,821
Charge for year 5,724 993 24,750 31,467
On disposals ( 4,056 ) ( 4,056 )
Other adjustments
At 31 December 2023 60,389 1,530 43,313 105,232
Net book value
At 31 December 2023 962,698 26,834 4,223 55,687 1,049,442
At 31 December 2022 938,346 32,558 3,874 80,437 1,055,215

L A S PROPERTY WALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 52,473 36,728
Prepayments and accrued income 3,799 5,040
Other debtors 126,376 122,533
Total 182,648 164,301

L A S PROPERTY WALES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 48,825 15,997
Taxation and social security 11,044
Accruals and deferred income 2,762 1,860
Other creditors 1,109,124 931,366
Total 1,160,711 960,267