2023-01-27 2024-01-31 false No description of principal activity Capium Accounts Production 1.1 14620994 bus:FullAccounts 2023-01-27 2024-01-31 14620994 bus:FRS102 2023-01-27 2024-01-31 14620994 bus:AuditExempt-NoAccountantsReport 2023-01-27 2024-01-31 14620994 bus:SmallCompaniesRegimeForAccounts 2023-01-27 2024-01-31 14620994 bus:PrivateLimitedCompanyLtd 2023-01-27 2024-01-31 14620994 2023-01-27 2024-01-31 14620994 2024-01-31 14620994 bus:RegisteredOffice 2023-01-27 2024-01-31 14620994 core:WithinOneYear 2024-01-31 14620994 core:AfterOneYear 2024-01-31 14620994 bus:Director1 2023-01-27 2024-01-31 14620994 bus:Director1 2024-01-31 14620994 bus:Director2 2023-01-27 2024-01-31 14620994 bus:Director2 2024-01-31 14620994 2022-01-27 14620994 bus:LeadAgentIfApplicable 2023-01-27 2024-01-31 14620994 2023-01-26 14620994 core:InvestmentProperties 2023-01-27 2024-01-31 14620994 core:InvestmentProperties 2024-01-31 14620994 core:InvestmentProperties 2023-01-26 14620994 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 14620994 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-26 14620994 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 14620994 core:CostValuation core:Non-currentFinancialInstruments 2023-01-26 14620994 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 14620994 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 14620994 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 14620994 core:Non-currentFinancialInstruments 2024-01-31 14620994 core:Non-currentFinancialInstruments 2023-01-26 14620994 core:ShareCapital 2024-01-31 14620994 core:RetainedEarningsAccumulatedLosses 2024-01-31 14620994 dpl:Item1 2023-01-27 14620994 dpl:Item1 2024-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14620994
England and Wales

 

 

 

LF&E PROPERTIES LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 27 January 2023

End date: 31 January 2024
Directors Mr J Buckley
Mrs G Buckley
Registered Number 14620994
Registered Office The Barn
Park Road
Leeds
West Yorkshire
LS15 9AJ
Accountants UWM Accountants Limited
UWM House
6 Fusion Court
Leeds
LS25 2GH
1
 
 
Notes
 
2024
£
Fixed assets    
Tangible fixed assets 3 279,000 
279,000 
Current assets    
Cash at bank and in hand 2,316 
Creditors: amount falling due within one year 4 (122,287)
Net current assets (119,971)
 
Total assets less current liabilities 159,029 
Creditors: amount falling due after more than one year 5 (157,615)
Provisions for liabilities 6 (1,520)
Net assets (106)
 

Capital and reserves
   
Called up share capital 2 
Fair Value Reserves 7 6,480 
Profit and loss account (6,588)
Shareholders' funds (106)
 


For the period ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 03 October 2024 and were signed on its behalf by:


-------------------------------
Mr J Buckley
Director
2
General Information
LF&E Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14620994, registration address The Barn, Park Road, Leeds, West Yorkshire, LS15 9AJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the period was 0.
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 27 January 2023  
Additions 271,000    271,000 
Disposals  
Revaluations 8,000    8,000 
At 31 January 2024 279,000    279,000 
Depreciation
At 27 January 2023  
Charge for period  
On disposals  
At 31 January 2024  
Net book values
Closing balance as at 31 January 2024 279,000    279,000 
Opening balance as at 27 January 2023  


4.

Creditors: amount falling due within one year

2024
£
Accrued Expenses 544 
Directors' Current Accounts 121,743 
122,287 

5.

Creditors: amount falling due after more than one year

2024
£
Bank Loans & Overdrafts (secured) 157,615 
157,615 

6.

Provisions for liabilities

2024
£
Deferred Tax 1,520 
1,520 

7.

Fair Value Reserves

2024
£
Fair Value Reserve 6,480 
6,480 

3