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REGISTERED NUMBER: 05329223 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 May 2024

for

The Letting Company UK Limited

The Letting Company UK Limited (Registered number: 05329223)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Letting Company UK Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr Paul J Rock
Mrs S L Rock





REGISTERED OFFICE: 16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH





REGISTERED NUMBER: 05329223 (England and Wales)





ACCOUNTANTS: Lishmans LLP
16-18 Station Road
Chapeltown
Sheffield
South Yorkshire
S35 2XH

The Letting Company UK Limited (Registered number: 05329223)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,991 19,556

CURRENT ASSETS
Debtors 5 73,667 57,869
Cash at bank 140,237 134,567
213,904 192,436
CREDITORS
Amounts falling due within one year 6 161,387 129,252
NET CURRENT ASSETS 52,517 63,184
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,508

82,740

CREDITORS
Amounts falling due after more than
one year

7

(29,567

)

(34,839

)

PROVISIONS FOR LIABILITIES 8 (2,299 ) (3,715 )
NET ASSETS 34,642 44,186

The Letting Company UK Limited (Registered number: 05329223)

Balance Sheet - continued
31 May 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9 34,640 44,184
SHAREHOLDERS' FUNDS 34,642 44,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 5 February 2025 and were signed on its behalf by:





Mrs S L Rock - Director


The Letting Company UK Limited (Registered number: 05329223)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

The Letting Company UK 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on reducing balance
Plant and machinery etc - 25% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

The Letting Company UK Limited (Registered number: 05329223)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 12,146 62,268 74,414
DEPRECIATION
At 1 June 2023 10,045 44,813 54,858
Charge for year 210 5,355 5,565
At 31 May 2024 10,255 50,168 60,423
NET BOOK VALUE
At 31 May 2024 1,891 12,100 13,991
At 31 May 2023 2,101 17,455 19,556

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 70,874 57,869
Other debtors 2,793 -
73,667 57,869

The Letting Company UK Limited (Registered number: 05329223)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Taxation and social security 45,480 35,794
Other creditors 110,907 88,458
161,387 129,252

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,567 34,839

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,299 3,715

Deferred
tax
£   
Balance at 1 June 2023 3,715
Credit to Income Statement during year (1,416 )
Balance at 31 May 2024 2,299

9. RESERVES
Retained
earnings
£   

At 1 June 2023 44,184
Profit for the year 90,456
Dividends (100,000 )
At 31 May 2024 34,640