Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13208757 C Lev iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13208757 2023-02-28 13208757 2024-02-29 13208757 2023-03-01 2024-02-29 13208757 frs-core:CurrentFinancialInstruments 2024-02-29 13208757 frs-core:Non-currentFinancialInstruments 2024-02-29 13208757 frs-core:ShareCapital 2024-02-29 13208757 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13208757 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13208757 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13208757 frs-bus:SmallEntities 2023-03-01 2024-02-29 13208757 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13208757 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13208757 frs-bus:Director1 2023-03-01 2024-02-29 13208757 frs-countries:EnglandWales 2023-03-01 2024-02-29 13208757 2022-02-28 13208757 2023-02-28 13208757 2022-03-01 2023-02-28 13208757 frs-core:CurrentFinancialInstruments 2023-02-28 13208757 frs-core:Non-currentFinancialInstruments 2023-02-28 13208757 frs-core:ShareCapital 2023-02-28 13208757 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13208757
L.G.T THE ELMS LTD
Unaudited Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3
Page 1
Statement of Financial Position
Registered number: 13208757
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 331,228 304,642
331,228 304,642
CURRENT ASSETS
Debtors 5 100 100
Cash at bank and in hand 3,269 3,412
3,369 3,512
Creditors: Amounts Falling Due Within One Year 6 (248,824 ) (151,151 )
NET CURRENT ASSETS (LIABILITIES) (245,455 ) (147,639 )
TOTAL ASSETS LESS CURRENT LIABILITIES 85,773 157,003
Creditors: Amounts Falling Due After More Than One Year 7 (177,245 ) (199,786 )
NET LIABILITIES (91,472 ) (42,783 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement (91,572 ) (42,883 )
SHAREHOLDERS' FUNDS (91,472) (42,783)
Page 1
Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
C Lev
Director
25/11/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
L.G.T THE ELMS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13208757 . The registered office is Enterprise House, 2 The Crest, First Floor, London, NW4 2HN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 March 2023 304,642
Additions 26,586
As at 29 February 2024 331,228
5. Debtors
2024 2023
£ £
Due within one year
Called up share capital not paid 100 100
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 247,805 150,131
Accruals and deferred income 1,019 1,020
248,824 151,151
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 177,245 199,786
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
Page 3