0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 265,000 265,000 265,000 xbrli:pure xbrli:shares iso4217:GBP 11433308 2023-07-01 2024-06-30 11433308 2024-06-30 11433308 2023-06-30 11433308 2022-07-01 2023-06-30 11433308 2023-06-30 11433308 2022-06-30 11433308 bus:Director1 2023-07-01 2024-06-30 11433308 bus:Director2 2023-07-01 2024-06-30 11433308 core:WithinOneYear 2024-06-30 11433308 core:WithinOneYear 2023-06-30 11433308 core:ShareCapital 2024-06-30 11433308 core:ShareCapital 2023-06-30 11433308 core:RetainedEarningsAccumulatedLosses 2024-06-30 11433308 core:RetainedEarningsAccumulatedLosses 2023-06-30 11433308 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 11433308 core:LandBuildings core:OwnedOrFreeholdAssets 2023-06-30 11433308 bus:SmallEntities 2023-07-01 2024-06-30 11433308 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11433308 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11433308 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11433308 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 11433308
M&S Lenza Ltd
Filleted Unaudited Financial Statements
30 June 2024
M&S Lenza Ltd
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
Fixed assets
Tangible assets
4
265,000
265,000
Current assets
Cash at bank and in hand
122
122
Creditors: amounts falling due within one year
5
287,376
287,376
---------
---------
Net current liabilities
287,254
287,254
---------
---------
Total assets less current liabilities
( 22,254)
( 22,254)
--------
--------
Net liabilities
( 22,254)
( 22,254)
--------
--------
Capital and reserves
Called up share capital
2
2
Profit and loss account
( 22,256)
( 22,256)
--------
--------
Shareholders deficit
( 22,254)
( 22,254)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 25 October 2024 , and are signed on behalf of the board by:
Mr M Lenza
Mrs S Lenza
Director
Director
Company registration number: 11433308
M&S Lenza Ltd
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Waterstone Barn, Shirenewton, Chepstow, NP16 6LS.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Tangible assets
Freehold property
£
Cost
At 1 July 2023 and 30 June 2024
265,000
---------
Depreciation
At 1 July 2023 and 30 June 2024
---------
Carrying amount
At 30 June 2024
265,000
---------
At 30 June 2023
265,000
---------
5. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
287,376
287,376
---------
---------