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Registered Number: 13295185
England and Wales

 

 

 

LSS PROPERTIES LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 195,896    199,937 
195,896    199,937 
Current assets      
Debtors (367)   (3,992)
Cash at bank and in hand 6,933    7,338 
6,566    3,346 
Creditors: amount falling due within one year (208,550)   (208,249)
Net current assets (201,984)   (204,903)
 
Total assets less current liabilities (6,088)   (4,966)
Net assets (6,088)   (4,966)
 

Capital and reserves
     
Called up share capital 4 100    100 
Profit and loss account (6,188)   (5,066)
Shareholders' funds (6,088)   (4,966)
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 27 December 2024 and were signed on its behalf by:


-------------------------------
Santhosh Kumar Batchu
Director
1
General Information
LSS PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13295185, registration address Office Gold Building 3, Chiswick Park, 566 Chiswick High Road, London, W4 5YA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 50 Straight Line
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 01 April 2023 202,040    202,040 
Additions  
Disposals  
At 31 March 2024 202,040    202,040 
Depreciation
At 01 April 2023 2,103    2,103 
Charge for year 4,041    4,041 
On disposals  
At 31 March 2024 6,144    6,144 
Net book values
Closing balance as at 31 March 2024 195,896    195,896 
Opening balance as at 01 April 2023 199,937    199,937 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

2