Registered number
14640796
Le Morne Real Estate Ltd
Filleted Accounts
29 February 2024
Le Morne Real Estate Ltd
Registered number: 14640796
Balance Sheet
as at 29 February 2024
Notes 2024
£
Fixed assets
Tangible assets 3 498,309
Current assets
Cash at bank and in hand 38,628
Creditors: amounts falling due within one year 4 (17,940)
Net current assets 20,688
Total assets less current liabilities 518,997
Creditors: amounts falling due after more than one year 5 (513,498)
Net assets 5,499
Capital and reserves
Called up share capital 1
Profit and loss account 5,498
Shareholder's funds 5,499
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Krishna Samachetty
Director
Approved by the board on 6 November 2024
Le Morne Real Estate Ltd
Notes to the Accounts
for the period from 6 February 2023 to 29 February 2024
1 Accounting policies
Basis of preparation
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024
Number
Average number of persons employed by the company 0
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 498,309
At 29 February 2024 498,309
Depreciation
At 29 February 2024 -
Net book value
At 29 February 2024 498,309
4 Creditors: amounts falling due within one year 2024
£
Trade creditors 16,650
Taxation and social security costs 1,290
17,940
5 Creditors: amounts falling due after one year 2024
£
Bank loans 449,346
Other creditors 64,152
513,498
6 Other information
Le Morne Real Estate Ltd is a private company limited by shares and incorporated in England. Its registered office is:
231 Dobcroft Road
Sheffield
S11 9LF
Le Morne Real Estate Ltd 14640796 false 2023-02-06 2024-02-29 2024-02-29 VT Final Accounts July 2024 Krishna Samachetty No description of principal activity 14640796 2023-02-06 2024-02-29 14640796 bus:PrivateLimitedCompanyLtd 2023-02-06 2024-02-29 14640796 bus:AuditExempt-NoAccountantsReport 2023-02-06 2024-02-29 14640796 bus:Director40 2023-02-06 2024-02-29 14640796 2 2023-02-06 2024-02-29 14640796 countries:England 2023-02-06 2024-02-29 14640796 bus:FRS102 2023-02-06 2024-02-29 14640796 bus:FilletedAccounts 2023-02-06 2024-02-29 14640796 2024-02-29 14640796 core:WithinOneYear 2024-02-29 14640796 core:AfterOneYear 2024-02-29 14640796 core:ShareCapital 2024-02-29 14640796 core:RetainedEarningsAccumulatedLosses 2024-02-29 14640796 2023-02-05 iso4217:GBP xbrli:pure