IRIS Accounts Production v24.3.2.46 08120458 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081204582023-04-30081204582024-04-30081204582023-05-012024-04-30081204582022-04-30081204582022-05-012023-04-30081204582023-04-3008120458ns15:EnglandWales2023-05-012024-04-3008120458ns14:PoundSterling2023-05-012024-04-3008120458ns10:Director12023-05-012024-04-3008120458ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3008120458ns10:SmallEntities2023-05-012024-04-3008120458ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3008120458ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3008120458ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3008120458ns10:FullAccounts2023-05-012024-04-3008120458ns10:Director22023-05-012024-04-3008120458ns10:Director32023-05-012024-04-3008120458ns10:RegisteredOffice2023-05-012024-04-3008120458ns5:CurrentFinancialInstruments2024-04-3008120458ns5:CurrentFinancialInstruments2023-04-3008120458ns5:Non-currentFinancialInstruments2024-04-3008120458ns5:Non-currentFinancialInstruments2023-04-3008120458ns5:ShareCapital2024-04-3008120458ns5:ShareCapital2023-04-3008120458ns5:FurtherSpecificReserve3ComponentTotalEquity2024-04-3008120458ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-3008120458ns5:RetainedEarningsAccumulatedLosses2024-04-3008120458ns5:RetainedEarningsAccumulatedLosses2023-04-3008120458ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3008120458ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3008120458ns5:FurtherSpecificReserve3ComponentTotalEquity2023-04-30
















Laurel Consultancy (Liverpool) Limited

Unaudited Financial Statements for the Year Ended 30 April 2024






Laurel Consultancy (Liverpool) Limited (Registered number: 08120458)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Laurel Consultancy (Liverpool) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P Jagota
R K Jagota
R K Jagota





REGISTERED OFFICE: 48 - 52 Penny Lane
Mossley Hill
Liverpool
Merseyside
L18 1DG





REGISTERED NUMBER: 08120458 (England and Wales)





ACCOUNTANTS: Matthews Sutton & Co Ltd
Chartered Certified Accountants
48 - 52 Penny Lane
Mossley Hill
Liverpool
Merseyside
L18 1DG

Laurel Consultancy (Liverpool) Limited (Registered number: 08120458)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 3,383,793 2,336,626

CURRENT ASSETS
Debtors 5 698,114 139,078
Cash at bank 268,970 440
967,084 139,518
CREDITORS
Amounts falling due within one year 6 1,976,320 857,382
NET CURRENT LIABILITIES (1,009,236 ) (717,864 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,374,557

1,618,762

CREDITORS
Amounts falling due after more than one
year

7

(1,446,726

)

(738,896

)

PROVISIONS FOR LIABILITIES (193,414 ) (148,575 )
NET ASSETS 734,417 731,291

CAPITAL AND RESERVES
Called up share capital 99 99
Fair value reserve 8 745,731 611,214
Retained earnings (11,413 ) 119,978
SHAREHOLDERS' FUNDS 734,417 731,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Laurel Consultancy (Liverpool) Limited (Registered number: 08120458)

Balance Sheet - continued
30 April 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by:





P Jagota - Director


Laurel Consultancy (Liverpool) Limited (Registered number: 08120458)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Laurel Consultancy (Liverpool) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 2,336,626
Additions 867,810
Revaluations 179,357
At 30 April 2024 3,383,793
NET BOOK VALUE
At 30 April 2024 3,383,793
At 30 April 2023 2,336,626

Investment properties were valued using market data by the director on 30/04/2024.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 698,114 139,078

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 24,101 68,094
Trade creditors - 48
Taxation and social security - 13,655
Other creditors 1,952,219 775,585
1,976,320 857,382

Laurel Consultancy (Liverpool) Limited (Registered number: 08120458)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 1,446,726 738,896

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,364,870 476,059

8. RESERVES
Fair
value
reserve
£   
At 1 May 2023 611,214
Revaluation reserve 134,517

At 30 April 2024 745,731

9. ULTIMATE CONTROLLING PARTY

By virtue of the share ownership split of the company, it is the opinion of the directors that there is no ultimate controlling party.