Company Registration Number 10623662 (England and Wales)
THE LETTINGS & SALES AGENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
Star House
Star Hill
Rochester
Kent
ME1 1UX
THE LETTINGS & SALES AGENTS LTD
CONTENTS
Page
Company Information
1
Statement of financial position and notes to the financial statements
2 - 3
THE LETTINGS & SALES AGENTS LTD
COMPANY INFORMATION
- 1 -
Director
Mrs P Johal
Company number
10623662
Registered office
69a Darlington Street
Wolverhampton
WV1 4LY
Accountants
TC Group
Star House
Star Hill
Rochester
Kent
ME1 1UX
THE LETTINGS & SALES AGENTS LTD
STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2024
28 February 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
68,125
9,458
Current assets
355,641
479,360
Creditors: amounts falling due within one year
(59,905)
(202,509)
Net current assets
295,736
276,851
Total assets less current liabilities
363,861
286,309
Creditors: amounts falling due after more than one year
(81,385)
(74,446)
Net assets
282,476
211,863
Capital and reserves
282,476
211,863
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year, the following transactions took place with the director:
Advances to the director of £41,917 (2023 - £126,736)
Repayments to the company of £101,372 (2023 - £139,864)
As at 28 February 2024 £120,571 (2023 - £180,026) was due from the director.
The advances were interest free and are repayable on demand.
2
Financial commitments, guarantees and contingencies
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases was £9,378 (2023 - £21,421)
3
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
5
5
THE LETTINGS & SALES AGENTS LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2024
28 February 2024
- 3 -
The Lettings & Sales Agents Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 69a Darlington Street, Wolverhampton, WV1 4LY.
For the year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 15 November 2024
Mrs P Johal
Director
Company registration number 10623662 (England and Wales)