Company Registration No. 11273731 (England and Wales)
Louell Investments Limited
Unaudited accounts
for the year ended 31 March 2024
Louell Investments Limited
Annual report and unaudited accounts
for the year ended 31 March 2024
Louell Investments Limited
Company Information
for the year ended 31 March 2024
Directors
Adrian Evripides
Joanne Evripides
Company Number
11273731 (England and Wales)
Registered Office
147 LOWER BLANDFORD ROAD
BROADSTONE
DORSET
BH18 8NT
UNITED KINGDOM
Accountants
Thyme Accounting Services Limited
Flat 10 Leighton Lodge
15 Branksome Wood Road
Bournemouth
Dorset
BH2 6BX
Louell Investments Limited
Accountants' report
Accountants' report to the board of directors of Louell Investments Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Louell Investments Limited for the year ended
31 March 2024 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Louell Investments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Louell Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Louell Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Louell Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Louell Investments Limited. You consider that Louell Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Louell Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Thyme Accounting Services Limited
Flat 10 Leighton Lodge
15 Branksome Wood Road
Bournemouth
Dorset
BH2 6BX
3 January 2025
Louell Investments Limited
Statement of Financial Position
as at 31 March 2024
Fixed assets
220,792
220,978
Creditors: amounts falling due within one year
(76,676)
(73,576)
Net current liabilities
(76,196)
(73,178)
Total assets less current liabilities
144,596
147,800
Creditors: amounts falling due after more than one year
(159,845)
(159,845)
Accruals and deferred income
(1,080)
(1,080)
Net liabilities
(16,329)
(13,125)
Capital and reserves
(16,329)
(13,125)
Louell Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 11273731. The registered office is 147 LOWER BLANDFORD ROAD, BROADSTONE, DORSET, BH18 8NT, UNITED KINGDOM.
2 Directors' advances, credit and guarantees
The directors have provided a guarantee for the mortgage provided by Paragon Bank PLC against the company's investment property.
3 Guarantees and other financial commitments
Mortgage in favour of Paragon Bank PLC secured by legal charge against the company's investment property.
4 Average number of employees
During the year the average number of employees was 2 (2023: 2).
Louell Investments Limited
Statement of Financial Position
as at 31 March 2024 (continued)
For the year ending 31 March 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 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 3 January 2025
Adrian Evripides
Director
Company Registration No. 11273731