Landspace Limited 01570767 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is that of owning and managing the freehold on behalf of the leaseholders. Digita Accounts Production Advanced 6.30.9574.0 true true 01570767 2023-04-01 2024-03-31 01570767 2024-03-31 01570767 bus:OrdinaryShareClass1 2024-03-31 01570767 core:RetainedEarningsAccumulatedLosses 2024-03-31 01570767 core:ShareCapital 2024-03-31 01570767 core:CurrentFinancialInstruments 2024-03-31 01570767 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01570767 bus:SmallEntities 2023-04-01 2024-03-31 01570767 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01570767 bus:FilletedAccounts 2023-04-01 2024-03-31 01570767 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01570767 bus:RegisteredOffice 2023-04-01 2024-03-31 01570767 bus:Director1 2023-04-01 2024-03-31 01570767 bus:Director2 2023-04-01 2024-03-31 01570767 bus:Director3 2023-04-01 2024-03-31 01570767 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 01570767 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01570767 countries:EnglandWales 2023-04-01 2024-03-31 01570767 2022-04-01 2023-03-31 01570767 2023-03-31 01570767 bus:OrdinaryShareClass1 2023-03-31 01570767 core:RetainedEarningsAccumulatedLosses 2023-03-31 01570767 core:ShareCapital 2023-03-31 01570767 core:CurrentFinancialInstruments 2023-03-31 01570767 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01570767

Landspace Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Landspace Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 5

 

Landspace Limited

Company Information

Directors

Mr SJ Lawrinson

Ms CMC Cowley

Mr WG Newlands

Registered office

21 Bloomsbury Place
Brighton
East Sussex
BN2 1DB

Accountants

Durston Gibb
Chartered Accountants
1 Blatchington Road
Hove
East Sussex
BN3 3YP

 

Landspace Limited

(Registration number: 01570767)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

(356)

(6)

Cash at bank and in hand

 

1,720

1,434

 

1,364

1,428

Creditors: Amounts falling due within one year

5

(493)

(481)

Net assets

 

871

947

Capital and reserves

 

Called up share capital

6

125

125

Retained earnings

746

822

Shareholders' funds

 

871

947

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 October 2024 and signed on its behalf by:
 

 

Landspace Limited

(Registration number: 01570767)
Balance Sheet as at 31 March 2024

.........................................

Ms CMC Cowley
Director

 

Landspace Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
21 Bloomsbury Place
Brighton
East Sussex
BN2 1DB

These financial statements were authorised for issue by the Board on 23 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for services charges from leaseholders for provision of services in the ordinary course of the company’s activities. Services charges are recognised in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from leaseholders for service charges levied in the ordinary course of business.

 

Landspace Limited

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Debtors

Current

2024
£

2023
£

Trade debtors

(356)

(6)

 

(356)

(6)

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

493

481

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

125

125

125

125