Lyme Regis Property Limited 5494740 true 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true Mr T O Ford Mr G M Ford 5494740 2023-07-01 2024-06-30 5494740 2024-06-30 5494740 core:RetainedEarningsAccumulatedLosses 2024-06-30 5494740 core:ShareCapital 2024-06-30 5494740 core:LandBuildings 2024-06-30 5494740 bus:FRS102 2023-07-01 2024-06-30 5494740 bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 5494740 bus:FullAccounts 2023-07-01 2024-06-30 5494740 bus:RegisteredOffice 2023-07-01 2024-06-30 5494740 bus:CompanySecretaryDirector1 2023-07-01 2024-06-30 5494740 bus:Director1 2023-07-01 2024-06-30 5494740 bus:EntityNoLongerTradingButTradedInPast 2023-07-01 2024-06-30 5494740 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 5494740 core:InvestmentPropertyIncludedWithinPPE 2023-07-01 2024-06-30 5494740 countries:EnglandWales 2023-07-01 2024-06-30 5494740 2023-06-30 5494740 core:LandBuildings 2023-06-30 5494740 2022-07-01 2023-06-30 5494740 2023-06-30 5494740 core:RetainedEarningsAccumulatedLosses 2023-06-30 5494740 core:ShareCapital 2023-06-30 5494740 core:LandBuildings 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 5494740

Lyme Regis Property Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Lyme Regis Property Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Lyme Regis Property Limited

Company Information

Directors

Mr T O Ford

Mr G M Ford

Company secretary

Mr G M Ford

Registered office

28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

Accountants

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

 

Lyme Regis Property Limited

(Registration number: 5494740)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

20,634

20,634

Current assets

 

Cash at bank and in hand

 

2

2

Net assets

 

20,636

20,636

Capital and reserves

 

Called up share capital

2

2

Retained earnings

20,634

20,634

Shareholders' funds

 

20,636

20,636

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 5 November 2024 and signed on its behalf by:
 

.........................................
Mr T O Ford
Director

 

Lyme Regis Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation adopted follows the advice provided by the ICAEW in Tech 03/11 that any balances relating to service charges are held by the company on trust for the tenants and therefore the company is dormant. Related assets and liabilities are not those of the company and as such are excluded from the statutory accounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Investment Property

Not depreciated

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Lyme Regis Property Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 July 2023

20,634

20,634

At 30 June 2024

20,634

20,634

Depreciation

Carrying amount

At 30 June 2024

20,634

20,634

At 30 June 2023

20,634

20,634

Included within the net book value of land and buildings above is £20,634 (2023 - £20,634) in respect of freehold land and buildings.