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REGISTERED NUMBER: 10645395 (England and Wales)















LANDMARK RESIDENTIAL LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024






LANDMARK RESIDENTIAL LIMITED (REGISTERED NUMBER: 10645395)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LANDMARK RESIDENTIAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: G R J Gurnsey
T P Haughton





REGISTERED OFFICE: 18 Hollingreave Drive
Rawtenstall, Rossendale
BB4 8EP





REGISTERED NUMBER: 10645395 (England and Wales)





ACCOUNTANTS: DJH Bury Limited
The Exchange
5 Bank Street
Bury
BL9 0DN

LANDMARK RESIDENTIAL LIMITED (REGISTERED NUMBER: 10645395)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 46,125 49,200
Property, plant and equipment 5 - -
46,125 49,200

CURRENT ASSETS
Debtors 6 7,092 5,500
Cash at bank 1,777 3,761
8,869 9,261
CREDITORS
Amounts falling due within one year 7 (51,809 ) (36,497 )
NET CURRENT LIABILITIES (42,940 ) (27,236 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,185

21,964

CREDITORS
Amounts falling due after more than one
year

8

(2,886

)

(5,550

)
NET ASSETS 299 16,414

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 297 16,412
299 16,414

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.

LANDMARK RESIDENTIAL LIMITED (REGISTERED NUMBER: 10645395)

STATEMENT OF FINANCIAL POSITION - 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 28 January 2025 and were signed on its behalf by:





G R J Gurnsey - Director


LANDMARK RESIDENTIAL LIMITED (REGISTERED NUMBER: 10645395)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Landmark Residential Limited is a private company, limited by shares, registered in England and Wales. The company's registered numbers is 10645395 and its registered office address is 18 Hollingreave Drive, Rawtenstall, Rossendale, BB4 8EP.

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.

Significant judgements and estimates
In the opinion of the directors there are no critical accounting estimates or judgements.

Revenue
Revenue comprises the aggregate of the fair value of the sale of services provided, net of value added tax. Service revenues are recognised as those services are provided to customers and comprise of property management services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of twenty years.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans from related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


LANDMARK RESIDENTIAL LIMITED (REGISTERED NUMBER: 10645395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Dividends
Equity dividends are recognised when they become legally payable and are no longer at the discretion of the
company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 61,500
AMORTISATION
At 1 May 2023 12,300
Charge for year 3,075
At 30 April 2024 15,375
NET BOOK VALUE
At 30 April 2024 46,125
At 30 April 2023 49,200

LANDMARK RESIDENTIAL LIMITED (REGISTERED NUMBER: 10645395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 303
DEPRECIATION
At 1 May 2023
and 30 April 2024 303
NET BOOK VALUE
At 30 April 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 7,092 5,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,664 2,664
Trade creditors 1,072 1,468
Taxation and social security 46,873 30,556
Other creditors 1,200 1,809
51,809 36,497

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 2,886 5,550

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the year end date G Gurnsey had an overdrawn directors loan account of £4,733 (2023: £128 credit) and T Haughton had an overdrawn directors loan account of £2,359 (£482 credit).

The above balances are unsecured, interest free and repayable on demand. The balances have been repaid in full after the statement of financial position date.

There were no advances made during the year that are considered to be material.