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REGISTERED NUMBER: 06111043 (England and Wales)


















Financial Statements for the Year Ended 31 March 2024

for

LANDS LIMITED

LANDS LIMITED (REGISTERED NUMBER: 06111043)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LANDS LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: L Collier
V Collier





SECRETARY: V Collier





REGISTERED OFFICE: Springwood
2 Butts Green
Clavering
Saffron Walden
Essex
CB11 4RT





REGISTERED NUMBER: 06111043 (England and Wales)





ACCOUNTANTS: BDA Associates Limited
Chartered Accountants
Global House
1 Ashley Avenue
Epsom
Surrey
KT18 5AD

LANDS LIMITED (REGISTERED NUMBER: 06111043)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,019 6,692

CURRENT ASSETS
Debtors 5 49,057 36,221
Cash at bank and in hand 24,952 70,827
74,009 107,048
CREDITORS
Amounts falling due within one year 6 62,060 62,506
NET CURRENT ASSETS 11,949 44,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,968

51,234

PROVISIONS FOR LIABILITIES 1,255 1,271
NET ASSETS 15,713 49,963

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 15,711 49,961
SHAREHOLDERS' FUNDS 15,713 49,963

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

LANDS LIMITED (REGISTERED NUMBER: 06111043)

Statement of Financial Position - continued
31 March 2024


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 9 October 2024 and were signed on its behalf by:





L Collier - Director


LANDS LIMITED (REGISTERED NUMBER: 06111043)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Lands 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.
Plant and machinery - 25% on reducing balance
Equipment - 25% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

LANDS LIMITED (REGISTERED NUMBER: 06111043)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery Equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 25,370 14,593 39,963
DEPRECIATION
At 1 April 2023 20,855 12,416 33,271
Charge for year 1,129 544 1,673
At 31 March 2024 21,984 12,960 34,944
NET BOOK VALUE
At 31 March 2024 3,386 1,633 5,019
At 31 March 2023 4,515 2,177 6,692

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 48,082 36,221
Other debtors 975 -
49,057 36,221

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 42,090 41,997
Other creditors 19,970 20,509
62,060 62,506

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
2 Ordinary £1 2 2