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
Lsw Property Solutions Limited
Company Information
for the year ended 31 March 2024
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
Lsw Property Solutions Limited
Statement of financial position
as at 31 March 2024
Tangible assets
70,235
40,369
Cash at bank and in hand
2,279
7,697
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)
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
Lsw Property Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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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
At 31 March 2024
2,500
150,075
152,575
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
At 31 March 2024
819
69,416
70,235
At 31 March 2023
1,024
39,345
40,369
Lsw Property Solutions Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
154,835
110,137
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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
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Creditors: amounts falling due after more than one year
2024
2023
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Average number of employees
During the year the average number of employees was 2 (2023: 2).