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Company Registration No. 09567256 (England and Wales)
LETTINVEST LTD Unaudited accounts for the year ended 30 April 2024
LETTINVEST LTD Unaudited accounts Contents
Page
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LETTINVEST LTD Company Information for the year ended 30 April 2024
Director
A Cennamo
Company Number
09567256 (England and Wales)
Registered Office
4th Floor Gregs Buildings 1 Booth Street Manchester M2 4DU United Kingdom
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LETTINVEST LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,479 
825 
Investment property
860,000 
815,000 
862,479 
815,825 
Current assets
Cash at bank and in hand
34,579 
35,240 
Creditors: amounts falling due within one year
(1,778)
(2,524)
Net current assets
32,801 
32,716 
Total assets less current liabilities
895,280 
848,541 
Creditors: amounts falling due after more than one year
(617,752)
(616,943)
Net assets
277,528 
231,598 
Capital and reserves
Called up share capital
200 
200 
Revaluation reserve
244,623 
199,623 
Profit and loss account
32,705 
31,775 
Shareholders' funds
277,528 
231,598 
For the year ending 30 April 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 28 January 2025 and were signed on its behalf by
A Cennamo Director Company Registration No. 09567256
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LETTINVEST LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
LETTINVEST LTD is a private company, limited by shares, registered in England and Wales, registration number 09567256. The registered office is 4th Floor Gregs Buildings, 1 Booth Street, Manchester, M2 4DU, 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.
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.
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:
Fixtures & fittings
33% on cost
Financial instruments
Basic financial instruments are recognised at amortised cost.
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 included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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LETTINVEST LTD Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
3,138 
Additions
2,196 
At 30 April 2024
5,334 
Depreciation
At 1 May 2023
2,313 
Charge for the year
542 
At 30 April 2024
2,855 
Net book value
At 30 April 2024
2,479 
At 30 April 2023
825 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
815,000 
Net gain from fair value adjustments
45,000 
At 30 April 2024
860,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,778 
1,615 
Taxes and social security
- 
909 
1,778 
2,524 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
486,584 
488,525 
Other creditors
123,955 
119,852 
Loans from directors
7,213 
8,566 
617,752 
616,943 
Aggregate of amounts that fall due for payment after five years
- 
482,124 
The director has also provided personal guarantee on the company's bank borrowings.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
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LETTINVEST LTD Notes to the Accounts for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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