IRIS Accounts Production v24.3.0.553 13138972 director 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131389722023-01-31131389722024-01-31131389722023-02-012024-01-31131389722022-01-31131389722022-02-012023-01-31131389722023-01-3113138972ns15:EnglandWales2023-02-012024-01-3113138972ns14:PoundSterling2023-02-012024-01-3113138972ns10:Director12023-02-012024-01-3113138972ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3113138972ns10:SmallEntities2023-02-012024-01-3113138972ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3113138972ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3113138972ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3113138972ns10:FullAccounts2023-02-012024-01-3113138972ns5:CurrentFinancialInstruments2024-01-3113138972ns5:CurrentFinancialInstruments2023-01-3113138972ns5:ShareCapital2024-01-3113138972ns5:ShareCapital2023-01-3113138972ns5:RetainedEarningsAccumulatedLosses2024-01-3113138972ns5:RetainedEarningsAccumulatedLosses2023-01-3113138972ns10:RegisteredOffice2023-02-012024-01-3113138972ns5:FurnitureFittings2023-02-012024-01-3113138972ns5:ComputerEquipment2023-02-012024-01-3113138972ns5:FurnitureFittings2024-01-3113138972ns5:ComputerEquipment2024-01-3113138972ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3113138972ns5:WithinOneYearns5:CurrentFinancialInstruments2023-01-31131389721ns10:Director12023-01-31131389721ns10:Director12022-01-31131389721ns10:Director12023-02-012024-01-31131389721ns10:Director12022-02-012023-01-31131389721ns10:Director12024-01-31131389721ns10:Director12023-01-31
REGISTERED NUMBER: 13138972 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

LARA GENT LETTINGS LTD

LARA GENT LETTINGS LTD (REGISTERED NUMBER: 13138972)

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










Page

Balance Sheet 1

Notes to the Financial Statements 2


LARA GENT LETTINGS LTD (REGISTERED NUMBER: 13138972)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 681 -

CURRENT ASSETS
Debtors 5 2,081 6,190
Cash at bank 12,715 15,925
14,796 22,115
CREDITORS
Amounts falling due within one year 6 14,972 18,323
NET CURRENT (LIABILITIES)/ASSETS (176 ) 3,792
TOTAL ASSETS LESS CURRENT
LIABILITIES

505

3,792

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 504 3,791
505 3,792

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 31 October 2024 and were signed by:





T L Gent - Director


LARA GENT LETTINGS LTD (REGISTERED NUMBER: 13138972)

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


1. STATUTORY INFORMATION

Lara Gent Lettings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13138972

Registered office: 8 Hyde Gardens
Eastbourne
BN21 4PN

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents commission received in respect of property management services, and is recognised upon completion of performance obligations.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 20% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

LARA GENT LETTINGS LTD (REGISTERED NUMBER: 13138972)

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


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 528 280 808
At 31 January 2024 528 280 808
DEPRECIATION
Charge for year 94 33 127
At 31 January 2024 94 33 127
NET BOOK VALUE
At 31 January 2024 434 247 681

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,369 1,369
Directors' loan accounts - 4,109
Tax 712 712
2,081 6,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 3,794 1,939
Other creditors 9,064 14,715
Directors' loan accounts 37 -
Accruals and deferred income 2,077 1,669
14,972 18,323

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
T L Gent
Balance outstanding at start of year 4,109 (179 )
Amounts advanced 19,000 19,100
Amounts repaid (23,146 ) (14,812 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (37 ) 4,109

These loans are provided interest free and are repayable upon demand.