30 March 2023 false No description of principal activity Taxfiler 2024.6 14769371business:PrivateLimitedCompanyLtd2023-03-302024-02-29 147693712023-03-29 147693712023-03-302024-02-29 14769371business:AuditExemptWithAccountantsReport2023-03-302024-02-29 14769371business:FilletedAccounts2023-03-302024-02-29 147693712024-02-29 14769371business:Director12023-03-302024-02-29 14769371business:RegisteredOffice2023-03-302024-02-29 14769371core:WithinOneYear2024-02-29 14769371core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14769371core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14769371core:PreviouslyStatedAmount2024-02-29 14769371business:SmallEntities2023-03-302024-02-29 14769371countries:EnglandWales2023-03-302024-02-29 14769371core:RevaluationInvestmentPropertyDeferredTax2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 14769371 (England and Wales)
LeMarchant Properties Ltd Unaudited accounts for the period from 30 March 2023 to 29 February 2024
LeMarchant Properties Ltd Unaudited accounts Contents
Page
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LeMarchant Properties Ltd Company Information for the period from 30 March 2023 to 29 February 2024
Director
O L Lawrence
Company Number
14769371 (England and Wales)
Registered Office
73a High Street Egham Surrey TW20 9HE United Kingdom
Accountants
Howard and Company High Street Egham Surrey TW20 9HE
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LeMarchant Properties Ltd Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Investment property
235,000 
Current assets
Debtors
6,022 
Cash at bank and in hand
6,918 
12,940 
Creditors: amounts falling due within one year
(260,534)
Net current liabilities
(247,594)
Net liabilities
(12,594)
Capital and reserves
Called up share capital
10 
Profit and loss account
(12,604)
Shareholders' funds
(12,594)
For the period 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 members have 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 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 and authorised for issue on 28 November 2024 and were signed on its behalf by
O L Lawrence Director Company Registration No. 14769371
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LeMarchant Properties Ltd Notes to the Accounts for the period from 30 March 2023 to 29 February 2024
1
Statutory information
LeMarchant Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14769371. The registered office is 73a High Street, Egham, Surrey, TW20 9HE, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of investment properties.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value of rents receivable. Where rent has been received in advance or is in arrears at the balance sheet date provision is made within creditors as deferred income, or within debtors as appropriate.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 30 March 2023
(20,173)
Additions
255,173 
At 29 February 2024
235,000 
The book value of investment property had they not been adjusted for fair value would have been £255,173. The company's investment property was revalued in February 2024 by the director using an estimate of the market value.
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LeMarchant Properties Ltd Notes to the Accounts for the period from 30 March 2023 to 29 February 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
2,189 
Deferred tax asset
3,833 
6,022 
6
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
921 
Other creditors
258,260 
Accruals
1,353 
260,534 
7
Deferred taxation
2024 
£ 
Revaluation of investment property
(3,833)
2024 
£ 
Credited to the profit and loss account
(3,833)
Provision at end of period
(3,833)
8
Controlling party
The company's parent undertaking is LeMarchant Holdings Ltd, which is registered in England at 73a High Street, Egham, TW20 9HE
9
Average number of employees
During the period the average number of employees was 1.
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