L J CLAYTON LTD

Company Registration Number:
15317920 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 29 November 2023

End date: 30 November 2024

L J CLAYTON LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

L J CLAYTON LTD

Company Information

for the Period Ended 30 November 2024




Director: Louis Clayton
Registered office: 3
Alma Street
Ripley
GBR
DE5 3DT
Company Registration Number: 15317920 (England and Wales)

L J CLAYTON LTD

Directors' Report Period Ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal Activities

The company's principal activity during the period was acquiring a rental property, followed by ensuing it was in optimal condition for leasing.

Directors

The director(s) shown below were appointed to the company during the period
Louis Clayton
29 November 2023

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: Louis Clayton
Status: Director

L J CLAYTON LTD

Profit and Loss Account

for the Period Ended 30 November 2024


Notes

2024
£
Administrative Expenses ( 1,362 )
Operating Profit or (Loss) ( 1,362 )
Interest Payable and Similar Charges ( 903 )
Profit or (Loss) Before Tax ( 2,265 )
Profit or (Loss) for Period ( 2,265 )

The notes form part of these financial statements

L J CLAYTON LTD

Balance sheet

As at 30 November 2024


Notes

2024
£
Fixed assets
Tangible assets: 4 95,000
Total fixed assets: 95,000
Current assets
Cash at bank and in hand: 1,098
Total current assets: 1,098
Net current assets (liabilities): 1,098
Total assets less current liabilities: 96,098
Total net assets (liabilities): 96,098

The notes form part of these financial statements

L J CLAYTON LTD

Balance sheet continued

As at 30 November 2024


Notes

2024
£
Capital and reserves
Called up share capital: 96,098
Shareholders funds: 96,098

For the year ending 30 November 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: Louis Clayton
Status: Director

The notes form part of these financial statements

L J CLAYTON LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

L J CLAYTON LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

L J CLAYTON LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 3. Off balance sheet disclosure

    No

L J CLAYTON LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Tangible assets

Land & buildings Total
Cost £ £
Additions 95,000 95,000
Disposals - -
Revaluations - -
Transfers - -
At 30 November 2024 95,000 95,000
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 30 November 2024 - -
Net book value
At 30 November 2024 95,000 95,000

I purchased the property this year for a buy to let. I paid £100,000 for the property when it was first listed. The process to buy the property took so long that the original mortgage offer expired so I had to get a new mortgage. The new mortgage valued the property at £95,000 due to rising damp.