Company Registration No. 7473411 (England and Wales)
SouthLakes Lettings Ltd
Unaudited accounts
for the year ended 5 April 2024
SouthLakes Lettings Ltd
Unaudited accounts
Contents
SouthLakes Lettings Ltd
Company Information
for the year ended 5 April 2024
Directors
Mr G Ronson
Mr D Waldron
Company Number
7473411 (England and Wales)
Accountants
Smeaton & Holmes Ltd
70 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
SouthLakes Lettings Ltd
Statement of financial position
as at 5 April 2024
Tangible assets
(623)
1,862
Cash at bank and in hand
13,146
4,837
Creditors: amounts falling due within one year
(7,419)
(6,194)
Net current assets/(liabilities)
5,727
(1,357)
Called up share capital
4
4
Profit and loss account
5,100
501
Shareholders' funds
5,104
505
For the year ending 5 April 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by
Mr G Ronson
Director
Company Registration No. 7473411
SouthLakes Lettings Ltd
Notes to the Accounts
for the year ended 5 April 2024
SouthLakes Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 7473411.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2023
7,872
6,000
350
14,222
At 5 April 2024
7,872
6,000
350
14,222
At 6 April 2023
7,023
5,158
179
12,360
Charge for the year
1,134
1,124
227
2,485
At 5 April 2024
8,157
6,282
406
14,845
At 5 April 2024
(285)
(282)
(56)
(623)
At 5 April 2023
849
842
171
1,862
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,897
235
Loans from directors
(455)
5,959
SouthLakes Lettings Ltd
Notes to the Accounts
for the year ended 5 April 2024
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).