LEBRE PROPERTIES LIMITED

Company Registration Number:
04463960 (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

LEBRE PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LEBRE PROPERTIES LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The company's principal activity during the year continued to be investment in commercial property.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Charles Morelli
Alistair Morelli
Brenda Morelli


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 September 2024

And signed on behalf of the board by:
Name: Charles Morelli
Status: Director

LEBRE PROPERTIES LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Administrative expenses: ( 14 ) ( 397 )
Other operating income: 31,000 29,500
Operating profit(or loss): 30,986 29,103
Interest payable and similar charges: ( 100 ) ( 100 )
Profit(or loss) before tax: 30,886 29,003
Tax: ( 7,265 ) ( 5,510 )
Profit(or loss) for the financial year: 23,621 23,493

LEBRE PROPERTIES LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 310,350 310,350
Total fixed assets: 310,350 310,350
Current assets
Cash at bank and in hand: 112,966 95,282
Total current assets: 112,966 95,282
Creditors: amounts falling due within one year: 4 ( 14,957 ) ( 5,894 )
Net current assets (liabilities): 98,009 89,388
Total assets less current liabilities: 408,359 399,738
Total net assets (liabilities): 408,359 399,738
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 408,259 399,638
Total Shareholders' funds: 408,359 399,738

The notes form part of these financial statements

LEBRE PROPERTIES 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.

This report was approved by the board of directors on 10 September 2024
and signed on behalf of the board by:

Name: Charles Morelli
Status: Director

The notes form part of these financial statements

LEBRE PROPERTIES 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

    The Company’s investment property is accounted for at cost as a valuation cannot be obtained without undue cost. Fixtures and fittings are stated at cost less depreciation. Depreciation is provided as follows: Fixtures and fittings - 25% reducing balance.

    Other accounting policies

    Going concern The directors believe that the company will be able to maintain positive cash flows for the foreseeable future. As a result the going concern basis of accounting has been adopted. Taxation Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Rental income Rental income from under operating leases is recognised on a straight-line basis over the lease term, even if the payments are not made on such a basis.

LEBRE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

LEBRE PROPERTIES 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 310,350 8,144 318,494
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 310,350 8,144 318,494
Depreciation
At 1 January 2023 8,144 8,144
Charge for year
On disposals
Other adjustments
At 31 December 2023 8,144 8,144
Net book value
At 31 December 2023 310,350 0 310,350
At 31 December 2022 310,350 0 310,350

LEBRE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 7,265 5,510
Other creditors 7,692 384
Total 14,957 5,894