1 April 2023 false No description of principal activity Taxfiler 2024.6 09727119business:PrivateLimitedCompanyLtd2023-04-012024-03-31 097271192023-03-31 097271192023-04-012024-03-31 09727119business:AuditExemptWithAccountantsReport2023-04-012024-03-31 09727119business:FilletedAccounts2023-04-012024-03-31 097271192024-03-31 09727119business:Director12023-04-012024-03-31 09727119business:RegisteredOffice2023-04-012024-03-31 097271192023-03-31 09727119core:WithinOneYear2024-03-31 09727119core:WithinOneYear2023-03-31 09727119core:AfterOneYear2024-03-31 09727119core:AfterOneYear2023-03-31 09727119core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09727119core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09727119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09727119core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09727119core:PreviouslyStatedAmount2024-03-31 09727119core:PreviouslyStatedAmount2023-03-31 09727119business:SmallEntities2023-04-012024-03-31 09727119countries:EnglandWales2023-04-012024-03-31 09727119core:PlantMachinery2023-04-012024-03-31 09727119core:MotorVehicles2023-04-012024-03-31 09727119core:PlantMachinery2023-03-31 09727119core:MotorVehicles2023-03-31 09727119core:PlantMachinery2024-03-31 09727119core:MotorVehicles2024-03-31 097271192022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09727119 (England and Wales)
Lsw Property Solutions Limited Unaudited accounts for the year ended 31 March 2024
Lsw Property Solutions Limited Unaudited accounts Contents
Page
- 2 -
Lsw Property Solutions Limited Company Information for the year ended 31 March 2024
Director
Warren Kenna
Company Number
09727119 (England and Wales)
Registered Office
34 Eardley Close Chaddesden Derby DE21 6WW England
Accountants
365 Accounts Ltd 44 Brookwood Road Southampton Hampshire SO16 9AJ
- 3 -
Lsw Property Solutions Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
70,235 
40,369 
Current assets
Debtors
157,063 
110,137 
Cash at bank and in hand
2,279 
7,697 
159,342 
117,834 
Creditors: amounts falling due within one year
(156,246)
(116,720)
Net current assets
3,096 
1,114 
Total assets less current liabilities
73,331 
41,483 
Creditors: amounts falling due after more than one year
(25,306)
(17,195)
Net assets
48,025 
24,288 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
47,925 
24,188 
Shareholders' funds
48,025 
24,288 
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 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 19 January 2025 and were signed on its behalf by
Warren Kenna Director Company Registration No. 09727119
- 4 -
Lsw Property Solutions Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Lsw Property Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 09727119. The registered office is 34 Eardley Close, Chaddesden, Derby, DE21 6WW, England.
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 remained unchanged from the previous year, and also 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 certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance Method
Motor vehicles
20% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
2,500 
102,650 
105,150 
Additions
- 
47,425 
47,425 
At 31 March 2024
2,500 
150,075 
152,575 
Depreciation
At 1 April 2023
1,476 
63,305 
64,781 
Charge for the year
205 
17,354 
17,559 
At 31 March 2024
1,681 
80,659 
82,340 
Net book value
At 31 March 2024
819 
69,416 
70,235 
At 31 March 2023
1,024 
39,345 
40,369 
- 5 -
Lsw Property Solutions Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,228 
- 
Other debtors
154,835 
110,137 
157,063 
110,137 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
62,530 
23,062 
Taxes and social security
80,874 
55,460 
Other creditors
2,667 
3,360 
Loans from directors
1,300 
27,738 
Accruals
8,875 
7,100 
156,246 
116,720 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,306 
17,195 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -