Acorah Software Products - Accounts Production 15.0.600 false true false 22 February 2023 28 February 2024 28 February 2024 14681458 Mrs Laura Bray Mr James Bray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14681458 2023-02-21 14681458 2024-02-28 14681458 2023-02-22 2024-02-28 14681458 frs-core:Non-currentFinancialInstruments 2024-02-28 14681458 frs-core:ShareCapital 2024-02-28 14681458 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 14681458 frs-bus:PrivateLimitedCompanyLtd 2023-02-22 2024-02-28 14681458 frs-bus:FilletedAccounts 2023-02-22 2024-02-28 14681458 frs-bus:SmallEntities 2023-02-22 2024-02-28 14681458 frs-bus:AuditExempt-NoAccountantsReport 2023-02-22 2024-02-28 14681458 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-22 2024-02-28 14681458 frs-bus:Director1 2023-02-22 2024-02-28 14681458 frs-bus:Director2 2023-02-22 2024-02-28 14681458 frs-countries:EnglandWales 2023-02-22 2024-02-28
Registered number: 14681458
LJI Property Developments Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Bennett Verby Limited
7 St Petersgate
Stockport
Cheshire
SK1 1EB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 14681458
2024
Notes £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 4 359,339
Cash at bank and in hand 44,469
403,808
Creditors: Amounts Falling Due Within One Year 5 (149,921 )
NET CURRENT ASSETS (LIABILITIES) 253,887
TOTAL ASSETS LESS CURRENT LIABILITIES 253,887
Creditors: Amounts Falling Due After More Than One Year 6 (266,951 )
NET LIABILITIES (13,064 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (13,164 )
SHAREHOLDERS' FUNDS (13,064)
For the year ending 28 February 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Bray
Director
6 September 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
LJI Property Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14681458 . The registered office is 216 Hoyles Lane, Cottam, Preston, PR4 0LD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Stocks
2024
£
Stock 359,339
5. Creditors: Amounts Falling Due Within One Year
2024
£
Other creditors 149,921
6. Creditors: Amounts Falling Due After More Than One Year
2024
£
Bank loans 266,951
7. Share Capital
2024
£
Allotted, Called up and fully paid 100
Page 2