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REGISTERED NUMBER: 11250614 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

BY THE LAKE LETTINGS LTD

BY THE LAKE LETTINGS LTD (REGISTERED NUMBER: 11250614)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BY THE LAKE LETTINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Ms S Crocker
R N G Tapp





REGISTERED OFFICE: Archer House
Britland
Northbourne Road
Eastbourne
East Sussex
BN22 8PW





REGISTERED NUMBER: 11250614 (England and Wales)





ACCOUNTANTS: Dominic Hill Associates Limited
Archer House
Britland Estate
Northbourne Road
Eastbourne
BN22 8PW

BY THE LAKE LETTINGS LTD (REGISTERED NUMBER: 11250614)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 294,000 294,000

CURRENT ASSETS
Debtors 5 509 192
Cash at bank 17,992 25,003
18,501 25,195
CREDITORS
Amounts falling due within one year 6 67,370 66,707
NET CURRENT LIABILITIES (48,869 ) (41,512 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

245,131

252,488

CREDITORS
Amounts falling due after more than one
year

7

165,969

165,969
NET ASSETS 79,162 86,519

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 99,000 99,000
Retained earnings (19,840 ) (12,483 )
SHAREHOLDERS' FUNDS 79,162 86,519

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.

BY THE LAKE LETTINGS LTD (REGISTERED NUMBER: 11250614)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2024 and were signed on its behalf by:





Ms S Crocker - Director


BY THE LAKE LETTINGS LTD (REGISTERED NUMBER: 11250614)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

By The Lake Lettings Ltd 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 as modified by the revaluation of certain 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 294,000
NET BOOK VALUE
At 31 March 2024 294,000
At 31 March 2023 294,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2019 195,000
Valuation in 2020 20,000
Valuation in 2021 5,000
Valuation in 2022 25,000
Valuation in 2023 49,000
294,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 509 192

BY THE LAKE LETTINGS LTD (REGISTERED NUMBER: 11250614)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 67,370 66,707

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 165,969 165,969

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 99,000

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party