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REGISTERED NUMBER: 03081482 (England and Wales)















Unaudited Financial Statements

For The Year Ended 24 December 2024

for

12 L.R. (MANAGEMENT) LIMITED

12 L.R. (MANAGEMENT) LIMITED (REGISTERED NUMBER: 03081482)






Contents of the Financial Statements
For The Year Ended 24 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


12 L.R. (MANAGEMENT) LIMITED

Company Information
For The Year Ended 24 December 2024







DIRECTORS: T M T Baines
J M Duigan





REGISTERED OFFICE: Flat 5
12 Longridge Road
London
SW5 9SL





REGISTERED NUMBER: 03081482 (England and Wales)





ACCOUNTANTS: LBCo Ltd
T/A Lees-Buckley & Co
16 Northfields Prospect
Putney Bridge Road
London
SW18 1PE

12 L.R. (MANAGEMENT) LIMITED (REGISTERED NUMBER: 03081482)

Balance Sheet
24 December 2024

24.12.24 24.12.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 342 342

CURRENT ASSETS
Debtors 5 1,963 1,875
Cash at bank 79,553 79,592
81,516 81,467
CREDITORS
Amounts falling due within one year 6 5,074 3,134
NET CURRENT ASSETS 76,442 78,333
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,784

78,675

CREDITORS
Amounts falling due after more than one
year

7

5,616

5,616
NET ASSETS 71,168 73,059

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 71,166 73,057
SHAREHOLDERS' FUNDS 71,168 73,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 December 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.

12 L.R. (MANAGEMENT) LIMITED (REGISTERED NUMBER: 03081482)

Balance Sheet - continued
24 December 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 13 February 2025 and were signed on its behalf by:





J M Duigan - Director


12 L.R. (MANAGEMENT) LIMITED (REGISTERED NUMBER: 03081482)

Notes to the Financial Statements
For The Year Ended 24 December 2024

1. STATUTORY INFORMATION

12 L.R. (Management) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents rental income received.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 25 December 2023
and 24 December 2024 342
NET BOOK VALUE
At 24 December 2024 342
At 24 December 2023 342

The company owns the head lease of 12 Longridge Road, London SW5 which is stated at cost.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
24.12.24 24.12.23
£    £   
Rent receivable 163 75
Other debtor - Valuation fee 1,800 1,800
1,963 1,875

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
24.12.24 24.12.23
£    £   
Rent payable 564 517
Other creditors 691 -
Accrued expenses 3,819 2,617
5,074 3,134

12 L.R. (MANAGEMENT) LIMITED (REGISTERED NUMBER: 03081482)

Notes to the Financial Statements - continued
For The Year Ended 24 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
24.12.24 24.12.23
£    £   
Member's loan 5,616 5,616