Company Registration No. 09168590 (England and Wales)
L May Investments Limited
Unaudited accounts
for the year ended 31 August 2024
L May Investments Limited
Unaudited accounts
Contents
L May Investments Limited
Company Information
for the year ended 31 August 2024
Company Number
09168590 (England and Wales)
Registered Office
14 Middletons Yard
Potter street
Worksop
Nottinghamshire
S80 2FT
United Kingdom
Accountants
Athelstan Accounting Ltd
14 Middletons Yard
Worksop
Nottinghamshire
S80 2FT
L May Investments Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
12,951
5,903
Creditors: amounts falling due within one year
(82,154)
(20,132)
Net current assets
949,812
655,786
Total assets less current liabilities
949,863
655,837
Creditors: amounts falling due after more than one year
(663,891)
(487,940)
Net assets
285,972
167,897
Called up share capital
2
2
Profit and loss account
285,970
167,895
Shareholders' funds
285,972
167,897
For the year ending 31 August 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 16 January 2025 and were signed on its behalf by
Leslie May
Director
Company Registration No. 09168590
L May Investments Limited
Notes to the Accounts
for the year ended 31 August 2024
L May Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 09168590. The registered office is 14 Middletons Yard, Potter street, Worksop, Nottinghamshire, S80 2FT, United Kingdom.
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.
4
Investments
Subsidiary undertakings
Valuation at 1 September 2023
51
Valuation at 31 August 2024
51
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,019,015
670,015
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
49,450
13,500
Taxes and social security
31,754
5,882
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
663,891
487,940
L May Investments Limited
Notes to the Accounts
for the year ended 31 August 2024
8
Transactions with related parties
The following amounts were outstanding at the reporting end date;
Amounts due to related parties:
1.Manor House Investments and Developments Ltd £16,450 (2023: £15,600)
The amount due to MHID Ltd, a company in which Mr L I May is a Director is in respect of a loan in a prior year. no interest is charged on the loan in the year.
Amounts due from related parties;
1. Manor House Investments and developments Ltd £ 330,000 (2023: £0.00)
The amount due from MHID Ltd , a company in which Mr L I May is director is in
respect of a loan taken this year. interest is charged on the loan during the year.
2. Waterloo Crescent Ltd £ 512,940 (2023: £512,940)
The amount due from Waterloo Crescent Ltd, a company in which Mr L I May is a Director is in respect to a loan taken in a prior year. Interest is charged on the Loan during the year.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).