LESSINGTON LTD

Company Registration Number:
05446152 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

LESSINGTON LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

LESSINGTON LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 830,026 43,627
Total fixed assets: 830,026 43,627
Current assets
Debtors: 4 827,960 768,017
Cash at bank and in hand: 517,224 409,672
Total current assets: 1,345,184 1,177,689
Creditors: amounts falling due within one year: 5 (331,845) (230,556)
Net current assets (liabilities): 1,013,339 947,133
Total assets less current liabilities: 1,843,365 990,760
Creditors: amounts falling due after more than one year: 6 (461,208) (40,380)
Total net assets (liabilities): 1,382,157 950,380
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,382,057 950,280
Shareholders funds: 1,382,157 950,380

The notes form part of these financial statements

LESSINGTON LTD

Balance sheet statements

For the year ending 31 January 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: J.M. Hughes
Status: Director

The notes form part of these financial statements

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 4 4

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 359,721
Additions 838,538
Disposals (78,658)
At 31 January 2024 1,119,601
Depreciation
At 01 February 2023 316,094
Charge for year 44,008
On disposals (70,527)
At 31 January 2024 289,575
Net book value
At 31 January 2024 830,026
At 31 January 2023 43,627

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023 Hire purchase 10242 4378 Trade creditors 57767 56187 Bank loans and overdrafts 89245 10000 Corporation tax 169567 155471 Accruals 5024 4520 Included in bank loans and overdrafts is £79245 (2023 £nil); and, all of the amounts shown as hire purchase, are secured over all of the company's assets.

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

2024 2023 Hire purchase 12494 2880 Bank loans 448714 37500 Included in bank loans is £213533 (2023 £nil), which is due in more than 5 years. Included in bank loans is £421214 (2023 £nil); and, all of the amounts shown as hire purchase, are secured over all of the company's assets.

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Loans to directors

Name of director receiving advance or credit: J.M. Hughes
Description of the loan: Advance.
£
Balance at 01 February 2023 191,708
Advances or credits repaid: 26,439
Balance at 31 January 2024 165,269

J.M. Hughes paid interest of £3,884 to the company on his overdrawn director's loan, at an interest rate of 2.2%.

LESSINGTON LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

8. Related party transactions

Name of the related party: Lessington Properties Ltd
Relationship:
Associated company, controlled by J.M. & D.J. Hughes
Description of the Transaction: At the end of the year it owed the company £67,321 (2023 £60,510).
£
Balance at 01 February 2023 60,510
Balance at 31 January 2024 67,321